Overview
What is Agile City Winston-Salem?
Agile City Winston-Salem is a nonprofit organization situated in Winston-Salem, North Carolina, specifically at 500 West Fifth Street Suite 800. Its primary goal is to foster and strengthen the innovation community by providing public spaces and programs. This initiative aims to assist anyone with an idea, offering them the necessary support to succeed. The organization currently employs a team of five dedicated individuals, working tirelessly to facilitate this mission.
Official website here: www.agilecity.ws
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Agile City Winston-Salem has achieved a solid score of 83%, which reflects a strong overall performance in accountability and finance. The organization boasts a fully independent board, with all five members contributing to governance. It demonstrates effective management of assets, evidenced by a low liabilities to assets ratio of just 1.33%, and a high program expense ratio of 91.40%, indicating that a significant portion of its budget is dedicated to its mission-driven activities.
Despite these strengths, there are areas where Agile City Winston-Salem could improve its transparency and governance. The organization lacks a whistleblower policy and a document retention policy, both of which are important for fostering trust and ensuring best practices in nonprofit management. Additionally, the absence of its tax form on the nonprofit's website may hinder potential stakeholders from evaluating its financial health and operations.
Overall, while Agile City Winston-Salem demonstrates a strong commitment to its mission and effective financial management, addressing the noted governance gaps would enhance its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Agile City Winston-Salem legitimate?
Agile City Winston-Salem is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agile City Winston-Salem submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $163,787
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,385
For more financial information, click here
Official website here: www.agilecity.ws
What is the mission statement of Agile City Winston-Salem?
Agile City Winston-Salem is committed to expanding, linking, and aiding the innovation community by providing public spaces and programs. Their objective is to assist anyone with an idea, fostering an environment that encourages success. Through these initiatives, they aim to foster a collaborative and supportive environment where innovative ideas can thrive. The organization's activities primarily revolve around utilizing public spaces and organized programs to foster a sense of community and facilitate the growth of innovative ideas.
Official website here: www.agilecity.ws
What is the revenue of Agile City Winston-Salem?
Agile City Winston-Salem's revenue in 2023 was $246,249.
Official website here: www.agilecity.ws
Who are the executives of Agile City Winston-Salem and what are their salaries?
The average compensation at Agile City Winston-Salem during 2023 was $82,586. There are 2 employees and 5 volunteers at Agile City Winston-Salem.
Here are 6 key members and their salaries:
- Compensation: $143,231
- Related: $0
- Other: $20,556
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.agilecity.ws
Where can I find the form 990 for Agile City Winston-Salem?
Agile City Winston-Salem's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.agilecity.ws
Learn more at the official website: www.agilecity.ws
Mission Statement of Agile City Winston-Salem
Agile City Winston-Salem is committed to expanding and connecting the innovation community by providing public spaces and programs. Their ultimate goal is to support anyone with an idea, helping them succeed in their endeavors. By fostering a collaborative environment, Agile City Winston-Salem aims to empower individuals and foster the growth of new ideas, ultimately contributing to the broader innovation landscape.
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Impact
July, 2024
Agile City Winston-Salem's impact can be seen in the tangible improvements and increased vibrancy of the local community. Through their public spaces and programs, they have successfully broadened, connected, and supported the innovation community in Winston-Salem. This has resulted in a more collaborative environment where individuals with innovative ideas can thrive and succeed. Their efforts have contributed to the overall improvement of the city and have fostered a spirit of creativity and entrepreneurship among its residents.
This information is meant to be a general summary of Agile City Winston-Salem. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $201,701
- Gross Receipts: $248,688
Assets and Liabilities:
- Total Assets: $131,565
- Total Liabilities: $46,445
- Net Assets: $85,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECOSYSTEM
Revenue
$150,231
INNOVATION SERVICES
Revenue
$51,470
Organization Details
Founding Year
2016
Principal Officer
Karen Barnes
Website
www.agilecity.wsNTEE Category
Code: S30 - Community improvement
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