Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
The Werx in Mckinney Inc
EIN 47-2494892 • 501(c)6 • Mckinney, TX
Profile
The werx is a collaborative shared workspace, and business center for start-ups and entrepreneurs that offers a unique atmosphere and eco-system of resources and coolness dedicated desk plans are reserved for technology start-ups. The accepted residents share an open working space with dedicated desks and shared free amenities. The werx foundation, inc. Has also been established to allow for our corporate and community partners to contribute donations to help grow and build the entrepreneurial community for years to come.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
48th percentile
Higher net margin than 48% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Flat$0
Flat from 2014
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Flat$0
Flat from 2014
Revenue
$147,000
No earlier filing loaded for comparison.
Expenses
$147,000
No earlier filing loaded for comparison.
Net Income
$0
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- -
- Net assets
- $0
- Revenue
- $147,000
- Expenses
- $147,000
- Net income
- $0
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2015Detailed filing. Detailed filing data is available for this year. | $0.00 | $0.00 | $1.47 | $1.47 | $0.00 | |
| 2014Detailed filing. Detailed filing data is available for this year. | $0.00 | $0.00 | ||||
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 14, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $147,000
Mission and Program Overview
Mission
The werx is a collaborative shared workspace, and business center for start-ups and entrepreneurs that offers a unique atmosphere and eco-system of resources and coolness dedicated desk plans are reserved for technology start-ups. The accepted residents share an open working space with dedicated desks and shared free amenities. The werx foundation, inc. Has also been established to allow for our corporate and community partners to contribute donations to help grow and build the entrepreneurial community for years to come.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE WERX IS A COLLABORATIVE SHARED WORKSPACE, AND BUSINESS CENTER FOR START-UPS AND ENTREPRENEURS THAT OFFERS A UNIQUE ATMOSPHERE AND ECO-SYSTEM OF RESOURCES AND COOLNESS DEDICATED DESK PLANS ARE RESERVED FOR TECHNOLOGY START-UPS. THE ACCEPTED RESIDENTS SHARE AN OPEN WORKING SPACE WITH DEDICATED DESKS AND SHARED FREE AMENITIES. THE WERX FOUNDATION, INC. HAS ALSO BEEN ESTABLISHED TO ALLOW FOR OUR CORPORATE AND COMMUNITY PARTNERS TO CONTRIBUTE DONATIONS TO HELP GROW AND BUILD THE ENTREPRENEURIAL COMMUNITY FOR YEARS TO COME. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHRISTINE SMITH | Executive Di | - | $0 | - | - |
| JOHN VALENCIA | Board Member | - | $0 | - | - |
| MARK COTTAM | Co-Chairman/ | - | $0 | - | - |
| STEVE TUCKER | Co-Chairman/ | - | $0 | - | - |
| TERRY CASEY | Board Member | - | $0 | - | - |
| JOHN MINNIS | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Werx in Mckinney Inc
- EIN
- 47-2494892
- Address
- 610 ELM STREET 700, MCKINNEY, TX 75069
Signing Officer
- Name
- Christine Smith
- Title
- Executive Director
- Signed
- 2016-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- David M Kesel CPA
- Address
- 4833 MEDICAL CENTER DR STE 6A, MCKINNEY, TX 75069
- Preparer
- David Kesel
- Phone
- 9727341040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“The werx foundation inc support the werx foundation inc. 610 elm street 700 147,000 0 610 elm street 700 0 mckinney, tx 75069”
Form 990-ez, Part III
“The werx is a collaborative shared workspace, and business center for start-ups and entrepreneurs that offers a unique atmosphere and eco-system of resources and coolness dedicated desk plans are reserved for technology start-ups. The accepted residents share an open working space with dedicated desks and shared free amenities. The werx foundation, inc. Has also been established to allow for our corporate and community partners to contribute donations to help grow and build the entrepreneurial community for years to come.”
Form 990-ez, Part III, Line 28
“The werx is a collaborative shared workspace, and business center for start-ups and entrepreneurs that offers a unique atmosphere and eco-system of resources and coolness dedicated desk plans are reserved for technology start-ups. The accepted residents share an open working space with dedicated desks and shared free amenities. The werx foundation, inc. Has also been established to allow for our corporate and community partners to contribute donations to help grow and build the entrepreneurial community for years to come.”
Raw XML Appendix97 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | 610 ELM STREET 700 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MCKINNEY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75069 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 147000 |
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| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | STEVE TUCKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | TERRY CASEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JOHN MINNIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DI |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE WERX IS A COLLABORATIVE SHARED WORKSPACE, AND BUSINESS CENTER FOR START-UPS AND ENTREPRENEURS THAT OFFERS A UNIQUE ATMOSPHERE AND ECO-SYSTEM OF RESOURCES AND COOLNESS DEDICATED DESK PLANS ARE RESERVED FOR TECHNOLOGY START-UPS. THE ACCEPTED RESIDENTS SHARE AN OPEN WORKING SPACE WITH DEDICATED DESKS AND SHARED FREE AMENITIES. THE WERX FOUNDATION, INC. HAS ALSO BEEN ESTABLISHED TO ALLOW FOR OUR CORPORATE AND COMMUNITY PARTNERS TO CONTRIBUTE DONATIONS TO HELP GROW AND BUILD THE ENTREPRENEURIAL COMMUNITY FOR YEARS TO COME. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE WERX IS A COLLABORATIVE SHARED WORKSPACE, AND BUSINESS CENTER FOR START-UPS AND ENTREPRENEURS THAT OFFERS A UNIQUE ATMOSPHERE AND ECO-SYSTEM OF RESOURCES AND COOLNESS DEDICATED DESK PLANS ARE RESERVED FOR TECHNOLOGY START-UPS. THE ACCEPTED RESIDENTS SHARE AN OPEN WORKING SPACE WITH DEDICATED DESKS AND SHARED FREE AMENITIES. THE WERX FOUNDATION, INC. HAS ALSO BEEN ESTABLISHED TO ALLOW FOR OUR CORPORATE AND COMMUNITY PARTNERS TO CONTRIBUTE DONATIONS TO HELP GROW AND BUILD THE ENTREPRENEURIAL COMMUNITY FOR YEARS TO COME. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 147000 |
| IRS990EZ/TotalRevenueAmt | 0 | 147000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.MCKINNEYWERX.COM/ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE WERX FOUNDATION INC SUPPORT THE WERX FOUNDATION INC. 610 ELM STREET 700 147,000 0 610 ELM STREET 700 0 MCKINNEY, TX 75069 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE WERX IS A COLLABORATIVE SHARED WORKSPACE, AND BUSINESS CENTER FOR START-UPS AND ENTREPRENEURS THAT OFFERS A UNIQUE ATMOSPHERE AND ECO-SYSTEM OF RESOURCES AND COOLNESS DEDICATED DESK PLANS ARE RESERVED FOR TECHNOLOGY START-UPS. THE ACCEPTED RESIDENTS SHARE AN OPEN WORKING SPACE WITH DEDICATED DESKS AND SHARED FREE AMENITIES. THE WERX FOUNDATION, INC. HAS ALSO BEEN ESTABLISHED TO ALLOW FOR OUR CORPORATE AND COMMUNITY PARTNERS TO CONTRIBUTE DONATIONS TO HELP GROW AND BUILD THE ENTREPRENEURIAL COMMUNITY FOR YEARS TO COME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE WERX IS A COLLABORATIVE SHARED WORKSPACE, AND BUSINESS CENTER FOR START-UPS AND ENTREPRENEURS THAT OFFERS A UNIQUE ATMOSPHERE AND ECO-SYSTEM OF RESOURCES AND COOLNESS DEDICATED DESK PLANS ARE RESERVED FOR TECHNOLOGY START-UPS. THE ACCEPTED RESIDENTS SHARE AN OPEN WORKING SPACE WITH DEDICATED DESKS AND SHARED FREE AMENITIES. THE WERX FOUNDATION, INC. HAS ALSO BEEN ESTABLISHED TO ALLOW FOR OUR CORPORATE AND COMMUNITY PARTNERS TO CONTRIBUTE DONATIONS TO HELP GROW AND BUILD THE ENTREPRENEURIAL COMMUNITY FOR YEARS TO COME. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHRISTINE SMITH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-14 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WERX |
| ReturnHeader/Filer/EIN | 0 | 472494892 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 610 ELM STREET 700 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MCKINNEY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 75069 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454002407 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DAVID M KESEL CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4833 MEDICAL CENTER DR STE 6A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MCKINNEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 75069 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9727341040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID KESEL |
| ReturnHeader/ReturnTs | 0 | 2016-11-15T15:23:58-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
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