Civic Intelligence

Coworks Wv Inc

990EZ • Fiscal year 2019 • EIN 83-2070584

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

1014 6th AvenueHuntington, WV 25701

(304) 566-3030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

50th percentile

3.5%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$5,438

No earlier filing loaded for comparison.

Net Assets

$5,438

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$157,153

No earlier filing loaded for comparison.

Expenses

$151,715

No earlier filing loaded for comparison.

Net Income

$5,438

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0K$4.0K$2.0K$0Assets 2019: $5,438Net Assets 2019: $5,4382019Assets 2020: $3,268Net Assets 2020: $3,2682020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2019

Assets$5,438
Liabilities-
Net Assets$5,438

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2019: $157,153Expenses 2019: $151,715Net Income 2019: $5,4382019Revenue 2020: $82,454Expenses 2020: $84,624Net Income 2020: -$2,1702020Expenses 2021: $3,2692021

Highlighted filing

2019

Revenue$157,153
Expenses$151,715
Net Income$5,438
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$157,153
Mission and Program Overview

Mission

Coworks wv inc's purpose is to provide a network of free and low cost, mostly volunteer-led, community based programs on business start-ups, business entrepreneurship, technology education and integration, coding, business incubation and to educate by mentoring, instructing, coordinating, providing venues, locations, computers, equipment, internet access, computer coding, e-learning modules, and recommended practices, so that its students, members, and subscribers learn, and explore business and technology in an informal, creative, and social environment. There is a focus on instruction, peer learning, youth mentoring and self-led learning. We aim to help young people, non-profits, the disadvantaged, low-income, the under-employed and the unemployed realize that they can build a positive future through business entrepreneurship, technology and their community, and to provide other and further services as are desirable to promote economic and social welfare of citizens.

Program Services

DescriptionGrantsExpenses
PROVIDING LOW COST COWORKING SPACE TO MEMBERS.-$118,559
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE HEWETTExecutive Di-$0--
DAVID LIEVINGVice Preside-$0--
BRENT WALLSSecretary, T-$0--
CRAIG COSTERPresident-$0--
Filing and Contact Details

Filer

Filer Name
Coworks Wv Inc
EIN
83-2070584
Phone
3045663030
Address
1014 6TH AVENUE, HUNTINGTON, WV 25701

Signing Officer

Name
Julie Hewett
Title
Executive Director
Signed
2020-11-16

Preparer

Firm
Walls & Associates Pllc
Address
19 THIRD STREET, HAMLIN, WV 25523
Preparer
Brent T Walls CPA
Phone
3043905971
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Room rental 1,140 total 1,140

Form 990-ez, Part I, Line 16

Expenses advertising 3,580 supplies 967 telephone 62 web subscriptions & services 3,947 events expenses 1,059 bank charges & fees 1,267 dues & subscriptions 360 equipment rental 4,085 taxes & licenses 600 total 15,927

Form 990-ez, Part III

Coworks wv inc's purpose is to provide a network of free and low cost, mostly volunteer-led, community based programs on business start-ups, business entrepreneurship, technology education and integration, coding, business incubation and to educate by mentoring, instructing, coordinating, providing venues, locations, computers, equipment, internet access, computer coding, e-learning modules, and recommended practices, so that its students, members, and subscribers learn, and explore business and technology in an informal, creative, and social environment. There is a focus on instruction, peer learning, youth mentoring and self-led learning. We aim to help young people, non-profits, the disadvantaged, low-income, the under-employed and the unemployed realize that they can build a positive future through business entrepreneurship, technology and their community, and to provide other and further services as are desirable to promote economic and social welfare of citizens.

Raw XML Appendix130 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROOM RENTAL 1,140 TOTAL 1,140
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 3,580 SUPPLIES 967 TELEPHONE 62 WEB SUBSCRIPTIONS & SERVICES 3,947 EVENTS EXPENSES 1,059 BANK CHARGES & FEES 1,267 DUES & SUBSCRIPTIONS 360 EQUIPMENT RENTAL 4,085 TAXES & LICENSES 600 TOTAL 15,927
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COWORKS WV INC'S PURPOSE IS TO PROVIDE A NETWORK OF FREE AND LOW COST, MOSTLY VOLUNTEER-LED, COMMUNITY BASED PROGRAMS ON BUSINESS START-UPS, BUSINESS ENTREPRENEURSHIP, TECHNOLOGY EDUCATION AND INTEGRATION, CODING, BUSINESS INCUBATION AND TO EDUCATE BY MENTORING, INSTRUCTING, COORDINATING, PROVIDING VENUES, LOCATIONS, COMPUTERS, EQUIPMENT, INTERNET ACCESS, COMPUTER CODING, E-LEARNING MODULES, AND RECOMMENDED PRACTICES, SO THAT ITS STUDENTS, MEMBERS, AND SUBSCRIBERS LEARN, AND EXPLORE BUSINESS AND TECHNOLOGY IN AN INFORMAL, CREATIVE, AND SOCIAL ENVIRONMENT. THERE IS A FOCUS ON INSTRUCTION, PEER LEARNING, YOUTH MENTORING AND SELF-LED LEARNING. WE AIM TO HELP YOUNG PEOPLE, NON-PROFITS, THE DISADVANTAGED, LOW-INCOME, THE UNDER-EMPLOYED AND THE UNEMPLOYED REALIZE THAT THEY CAN BUILD A POSITIVE FUTURE THROUGH BUSINESS ENTREPRENEURSHIP, TECHNOLOGY AND THEIR COMMUNITY, AND TO PROVIDE OTHER AND FURTHER SERVICES AS ARE DESIRABLE TO PROMOTE ECONOMIC AND SOCIAL WELFARE OF CITIZENS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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ReturnHeader/ReturnTs02020-11-16T14:29:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings