Civic Intelligence

Carolina Strive

990EZ • Fiscal year 2023 • EIN 84-1806200

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 13, 2024

8041 Brier Creek Parkway STE 1066Raleigh, NC 27617

(919) 369-5308

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2023

Assets

Flat

$10,566

Flat from 2023

Net Assets

$10,566

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue

Flat

$48,570

Flat from 2023

Expenses

Flat

$38,004

Flat from 2023

Net Income

Flat

$10,566

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1Liabilities 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $10,566Liabilities 2023: $0Net Assets 2023: $10,5662023Assets 2023: $10,566Liabilities 2023: $02023

Highlighted filing

2023

Assets$10,566
Liabilities$0
Net Assets$10,566

Operations Trend

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

$60K$40K$20K$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2023: $48,570Expenses 2023: $38,004Net Income 2023: $10,5662023Revenue 2023: $48,570Expenses 2023: $38,004Net Income 2023: $10,5662023

Highlighted filing

2023

Revenue$48,570
Expenses$38,004
Net Income$10,566
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 13, 2024
Return Version
2023v4.0
Gross Receipts
$48,570
Mission and Program Overview

Mission

Wellness programs,youth mentorship, and

For the purpose of charitable activities

Program Services

DescriptionGrantsExpenses
A Charitable Activites--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL WRIGHTExecutive Directorpresident-$0--
FELICIA YOUNGSecretary-$0--
EMMITT BURKEVice Presidentacademics & Life Ski-$0--
MARY FARRARTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Carolina Strive
EIN
84-1806200
Address
8041 Brier Creek Parkway STE 1066, Raleigh, NC 27617

Signing Officer

Name
Mary B Farrar Treasurer
Title
Tax Preparer
Phone
9193695308
Signed
2024-02-13
Discuss with paid preparer
No

Preparer

Firm
Infinite Tax Services LLC
Address
911 New Bern Ave, Raleigh, NC 27601
Preparer
Mary B Farrar
Phone
9193695308
Supplemental Narrative

Additional Explanations

General explanation attachment

Carolina STRIVE has not sought nor received any financial support, at the time Carolina STRIVE received its 501(c)(3) tax exempt designation from IRS, the organization will seek financial support for its proposed program activites as a publicy supported non-profit organization. for the purposes of charitable activities within Nash and Edgecombe Counties, North Carolina, and the surrounding areas. The desire of Carolina STRIVE to initiate projects, once adequate public financial support is secured in the areas of personal/professional citizenship development (Life Skills mentoring), renewable energy (enviromental preservation) athletics, health & wellness, and North Carolina education initiatives. The IRS has recignized that organizations involved in activities analogues to those described by Carolina STRIVE to qualify for exemption under Section 501(c)(3)as a charitable organization. The organization recognizes that community development is a process that may not be project specific at the ourset. However, we plan to proceed in the development of our programs in accordance with all regulatory procedures as set forth under Section 501(c)(3) of the IRS.The Corporation has not enterend into any lease, contracts, rental, loan or financing agreements. Subsequent to the receipt of a determination letter from the IRS, any all such agreement, tax credits, equity interest, tax exempt bonds and other offical documents will be duly recorded and maintained as a record in the public domain.

Description of other revenue Part I line 8

Description AmountINCOME 48,570

Description of other expenses Part I line 16

Description AmountTRUIST BANK FEES 241INFINITE TAX SERVICES 150TRUIST MERCHANT FEES 388WEBSITE FEES 1,794AAU ATHLETIC MEMEBERSHIP FEES 163AAU REGISTRATION FEES 145THE INSURANCE GROUP 10,058PHOTOGRAPHY 627GATEWAY FEES 105COUNTY FEES 578DRUG TEST FEES 540SUPPLIES (TENT) 1,189ROCKY MT.CHAMBER OF COMMERCE FEE 300ZOOM 86FRED FOOD CLUB 25ROCKY MOUNT EVENT CENTER 2,100WORKMAN COMP 698BACKGROUND CHECK 136ONE MAIN FINANCIAL 9,337

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/ExplanationTxt0Carolina STRIVE has not sought nor received any financial support, at the time Carolina STRIVE received its 501(c)(3) tax exempt designation from IRS, the organization will seek financial support for its proposed program activites as a publicy supported non-profit organization. for the purposes of charitable activities within Nash and Edgecombe Counties, North Carolina, and the surrounding areas. The desire of Carolina STRIVE to initiate projects, once adequate public financial support is secured in the areas of personal/professional citizenship development (Life Skills mentoring), renewable energy (enviromental preservation) athletics, health & wellness, and North Carolina education initiatives. The IRS has recignized that organizations involved in activities analogues to those described by Carolina STRIVE to qualify for exemption under Section 501(c)(3)as a charitable organization. The organization recognizes that community development is a process that may not be project specific at the ourset. However, we plan to proceed in the development of our programs in accordance with all regulatory procedures as set forth under Section 501(c)(3) of the IRS.The Corporation has not enterend into any lease, contracts, rental, loan or financing agreements. Subsequent to the receipt of a determination letter from the IRS, any all such agreement, tax credits, equity interest, tax exempt bonds and other offical documents will be duly recorded and maintained as a record in the public domain.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountINCOME 48,570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountTRUIST BANK FEES 241INFINITE TAX SERVICES 150TRUIST MERCHANT FEES 388WEBSITE FEES 1,794AAU ATHLETIC MEMEBERSHIP FEES 163AAU REGISTRATION FEES 145THE INSURANCE GROUP 10,058PHOTOGRAPHY 627GATEWAY FEES 105COUNTY FEES 578DRUG TEST FEES 540SUPPLIES (TENT) 1,189ROCKY MT.CHAMBER OF COMMERCE FEE 300ZOOM 86FRED FOOD CLUB 25ROCKY MOUNT EVENT CENTER 2,100WORKMAN COMP 698BACKGROUND CHECK 136ONE MAIN FINANCIAL 9,337
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
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ReturnHeader/Filer/EIN0841806200
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ReturnHeader/ReturnTs02024-03-11T15:05:35-04:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings