Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Revolutionary Coworking
EIN 81-3965680 • 501(c)3 • Fayetteville, NC
Profile
Education and workspace access
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.08x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Balance Sheet
Assets
Down$11,014
Down $4,650 (-30%) from 2020
Liabilities
Up$11,854
Up $4,528 (+62%) from 2020
Net Assets
-$840
No earlier filing loaded for comparison.
Revenue
Down$85,870
Down $30,634 (-26%) from 2020
Expenses
Down$89,430
Down $35,119 (-28%) from 2020
Net Income
Up-$3,560
Up $4,485 (+56%) from 2020
Trend Graphs
Filings
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $11,014
- Liabilities
- $11,854
- Net assets
- -$840
- Revenue
- $85,870
- Expenses
- $89,430
- Net income
- -$3,560
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Oct 25, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $85,870
Mission and Program Overview
Mission
Education and workspace access
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HELD MONTHLY FARMERS MARKET, ORGANIZED A WEEKLY NETWORKING GROUP, HOSTED A MONTHLY NETWORKING MIXER, AND HOSTED SUBJECT MATTER EXPERTS TO EDUCATE OUR MEMBERS ON HOW THEY CAN EXPAND | - | - |
| THEIR BUSINESSES. DISTRIBUTE A MONTHLY NEWSLETTER TO KEEP MEMBERS INFORMED OF COMMUNITY EVENTS AND MEMBER INFORMATION. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STACIE SIMFUKWE | President | PT | $0 | - | - |
| CHRYSTAL WILLIAMS | Vice President | - | $0 | - | - |
| ZACH BALES | Treasurer | PT | $0 | - | - |
| CHARLES PINKSTON | Board Member | - | $0 | - | - |
| VINCENT FRANKLIN | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Revolutionary Coworking
- EIN
- 81-3965680
- Address
- 100 HAY STREET, FAYETTEVILLE, NC 28301
Signing Officer
- Name
- Stacie Simfukwe
- Title
- President
- Phone
- 9104463520
- Signed
- 2023-10-25
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Continental Tax and Accounting Svcs
- Address
- 2207 Bragg Blvd, Fayetteville, NC 28303
- Preparer
- Barbara Mills
- Phone
- 9104837893
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description amountinterest income 5”
Description of other expenses Part I line 16
“Description amountdepreciation from 4562 1,520bank service charges and fees 2,156membership software 726equipment and tech expenses 4,660insurance 2,297payroll tax expense 1,092interest expense 221office expenses 769office supplies 2,008”
Other changes in net assets or fund balances Part I line 20
“Description amountadj for ppp loan forgiven 3,704adj for liability correction 122ppp loan forgiven 3/9/2022 in the amount of 3704.00adj for liability correction 122.00”
Description of other assets Part II line 24
“Category beginning of year end of yearfixed assets 11,974 10,454”
Description of total liabilities Part II line 26
“Category beginning of year end of yearpayroll liabilities 832 1,312accounts payable 7,565 5,706ppp loan 7,299 3,595loc 0 1,241”
Raw XML Appendix160 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STACIE SIMFUKWE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9104463520 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7114 ROCKRIDGE LANE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAYETTEVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28306 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2616 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 560 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3560 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2039 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 14590 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 11014 |
| IRS990EZ/GrossReceiptsAmt | 0 | 85870 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 85865 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -1106 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -840 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -1106 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -840 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 56762 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 6.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STACIE SIMFUKWE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHRYSTAL WILLIAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ZACH BALES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHARLES PINKSTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | VINCENT FRANKLIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 11974 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10454 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 3826 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15449 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 5 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION AND WORKSPACE ACCESS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HELD MONTHLY FARMERS MARKET, ORGANIZED A WEEKLY NETWORKING GROUP, HOSTED A MONTHLY NETWORKING MIXER, AND HOSTED SUBJECT MATTER EXPERTS TO EDUCATE OUR MEMBERS ON HOW THEY CAN EXPAND |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THEIR BUSINESSES. DISTRIBUTE A MONTHLY NEWSLETTER TO KEEP MEMBERS INFORMED OF COMMUNITY EVENTS AND MEMBER INFORMATION. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 15180 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 15696 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 11854 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 89430 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 85870 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 85865 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 128651 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116503 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 47519 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 135905 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 514443 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 514443 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 85865 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 128651 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116503 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 47519 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 135905 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 514443 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 85865 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 128651 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 116503 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 47519 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 135905 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 514443 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTINTEREST INCOME 5 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTDEPRECIATION FROM 4562 1,520BANK SERVICE CHARGES AND FEES 2,156MEMBERSHIP SOFTWARE 726EQUIPMENT AND TECH EXPENSES 4,660INSURANCE 2,297PAYROLL TAX EXPENSE 1,092INTEREST EXPENSE 221OFFICE EXPENSES 769OFFICE SUPPLIES 2,008 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION AMOUNTADJ FOR PPP LOAN FORGIVEN 3,704ADJ FOR LIABILITY CORRECTION 122PPP LOAN FORGIVEN 3/9/2022 IN THE AMOUNT OF 3704.00ADJ FOR LIABILITY CORRECTION 122.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARFIXED ASSETS 11,974 10,454 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL LIABILITIES 832 1,312ACCOUNTS PAYABLE 7,565 5,706PPP LOAN 7,299 3,595LOC 0 1,241 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STACIE SIMFUKWE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9104463520 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-10-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | REVOLUTIONARY COWORKING |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REVO |
| ReturnHeader/Filer/EIN | 0 | 813965680 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 100 HAY STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FAYETTEVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28301 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560997842 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Continental Tax and Accounting Svcs |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2207 Bragg Blvd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fayetteville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28303 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9104837893 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BARBARA MILLS |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T16:15:18-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | STACIE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SIMFUKWE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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