Civic Intelligence

Evolve Yoga Inc

EIN 82-0928734 • 501(c)3 • Roaring Gap, NC

Profile

To make available trained and certified yoga teachers who welcome all into their studio and have a passion for teaching yoga in settings where it is not available or affordable.

PO Box 151Roaring Gap, NC 28668

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.35x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

4.07x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

31st percentile

-9.4%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

44th percentile

-5.5%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-17%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$0

Down $344,262 (-100%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$0

Up $121,692 (+100%) from 2019

Revenue

Down

-$261,351

Down $375,732 (-328%) from 2019

Expenses

Down

$74,888

Down $50,225 (-40%) from 2019

Net Income

Down

-$336,239

Down $325,507 (-3033%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0-$200KAssets 2018: $364,191Liabilities 2018: $475,152Net Assets 2018: -$110,9612018Assets 2019: $344,262Liabilities 2019: $465,954Net Assets 2019: -$121,6922019Assets 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$0-$200K-$400KRevenue 2018: $137,560Expenses 2018: $182,537Net Income 2018: -$44,9772018Revenue 2019: $114,381Expenses 2019: $125,113Net Income 2019: -$10,7322019Revenue 2020: -$261,351Expenses 2020: $74,888Net Income 2020: -$336,2392020

Highlighted filing

2020

Revenue-$261,351
Expenses$74,888
Net Income-$336,239

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.0
Gross Receipts
$12,732
Mission and Program Overview

Mission

To make available trained and certified yoga teachers who welcome all into their studio and have a passion for teaching yoga in settings where it is not available or affordable.

Program Services

DescriptionGrantsExpenses
WE ARE A HATHA YOGA SUDIO LOCATED IN FORSYTH COUNTY, NORTH CAROLINA. WE USE TRAINED AND CERTIFIED TEACHERS WHO TEACH YOGA IN SETTINGS WHERE YOGA IS NOT READILY AFFORDABLE OR AVAILABLE, SUCH AS PRISONS, JUVENILE DETENTION CENTERS, SCHOOLS, HOSPITALS AND VETERAN GROUPS.-$35,045
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN BUDDPresident-$0--
AMANDA BALLTreasurer-$0--
ED BALLBoard Member-$0--
MISTY SEALSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Evolve Yoga Inc
EIN
82-0928734
Phone
3368173489
Address
PO BOX 151, ROARING GAP, NC 28668

Signing Officer

Name
John Budd
Title
President
Phone
3368173489
Signed
2021-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Tony M Harris Jr
Phone
3367250635
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 341 insurance 106 repairs & maintenance 122 bank fees 164 other expenses 4,620 meals 46 refunds 349 charitable donations 47,062 non-investment depreciation 1,577 total 54,387

Form 990-ez, Part I, Line 20

CLOSING ENTRY 457,932

Form 990-ez, Part II, Line 24

Inventories for sale or use 31 0 leasehold improvements 45,000 0 less accumulated depreciation 2,885 0 equipment 10,000 0 less accumulated depreciation 5,000 0 goodwill 345,000 0 less accumulated amortization 59,417 0 total 332,729 0

Form 990-ez, Part II, Line 26

Credit card payable 3,545 0 credit card payabl;e 927 0 loans from officers 461,482 0

Form 990-ez, Part III

To make available trained and certified yoga teachers who welcome all into their studio and have a passion for teaching yoga in settings where it is not available or affordable.

Form 990-ez, Part III, Line 28

We are a hatha yoga sudio located in forsyth county, north carolina. We use trained and certified teachers who teach yoga in settings where yoga is not readily affordable or available, such as prisons, juvenile detention centers, schools, hospitals and veteran groups.

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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/OtherChangesInNetAssetsAmt0457932
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IRS990EZ/PrimaryExemptPurposeTxt0TO MAKE AVAILABLE TRAINED AND CERTIFIED YOGA TEACHERS WHO WELCOME ALL INTO THEIR STUDIO AND HAVE A PASSION FOR TEACHING YOGA IN SETTINGS WHERE IT IS NOT AVAILABLE OR AFFORDABLE.
IRS990EZ/ProgramServiceRevenueAmt012732
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE ARE A HATHA YOGA SUDIO LOCATED IN FORSYTH COUNTY, NORTH CAROLINA. WE USE TRAINED AND CERTIFIED TEACHERS WHO TEACH YOGA IN SETTINGS WHERE YOGA IS NOT READILY AFFORDABLE OR AVAILABLE, SUCH AS PRISONS, JUVENILE DETENTION CENTERS, SCHOOLS, HOSPITALS AND VETERAN GROUPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035045
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalExpensesAmt074888
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IRS990ScheduleN/AssetsDistributedInd0true
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IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0REMAINING CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1YOGA EQUIPMENT
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt145539
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0751 W FOURTH ST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 341 INSURANCE 106 REPAIRS & MAINTENANCE 122 BANK FEES 164 OTHER EXPENSES 4,620 MEALS 46 REFUNDS 349 CHARITABLE DONATIONS 47,062 NON-INVESTMENT DEPRECIATION 1,577 TOTAL 54,387
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLOSING ENTRY 457,932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INVENTORIES FOR SALE OR USE 31 0 LEASEHOLD IMPROVEMENTS 45,000 0 LESS ACCUMULATED DEPRECIATION 2,885 0 EQUIPMENT 10,000 0 LESS ACCUMULATED DEPRECIATION 5,000 0 GOODWILL 345,000 0 LESS ACCUMULATED AMORTIZATION 59,417 0 TOTAL 332,729 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT CARD PAYABLE 3,545 0 CREDIT CARD PAYABL;E 927 0 LOANS FROM OFFICERS 461,482 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO MAKE AVAILABLE TRAINED AND CERTIFIED YOGA TEACHERS WHO WELCOME ALL INTO THEIR STUDIO AND HAVE A PASSION FOR TEACHING YOGA IN SETTINGS WHERE IT IS NOT AVAILABLE OR AFFORDABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WE ARE A HATHA YOGA SUDIO LOCATED IN FORSYTH COUNTY, NORTH CAROLINA. WE USE TRAINED AND CERTIFIED TEACHERS WHO TEACH YOGA IN SETTINGS WHERE YOGA IS NOT READILY AFFORDABLE OR AVAILABLE, SUCH AS PRISONS, JUVENILE DETENTION CENTERS, SCHOOLS, HOSPITALS AND VETERAN GROUPS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03368173489
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ReturnHeader/Filer/EIN0820928734
ReturnHeader/Filer/PhoneNum03368173489
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02160 COUNTRY CLUB RD
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ReturnHeader/PreparerPersonGrp/PhoneNum03367250635
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONY M HARRIS JR
ReturnHeader/ReturnTs02021-05-12T15:25:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
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ReturnHeader/TaxYr02020

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