Civic Intelligence

Carolina Strive

990EZ • Fiscal year 2024 • EIN 84-1806200

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 26, 2025

8041 Brier Creek Parkway STE 1066Raleigh, NC 27617

(888) 814-2696

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

48th percentile

2.4%

Higher net margin than 48% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

75th percentile

24%

Faster asset growth than 75% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

116%

Faster revenue growth than 92% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$13,059

Up $2,493 (+24%) from 2023

Net Assets

$13,059

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$104,898

Up $56,328 (+116%) from 2023

Expenses

Up

$102,405

Up $64,401 (+169%) from 2023

Net Income

Down

$2,493

Down $8,073 (-76%) 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: $02023Assets 2024: $13,059Liabilities 2024: $0Net Assets 2024: $13,0592024

Highlighted filing

2024

Assets$13,059
Liabilities$0
Net Assets$13,059

Operations Trend

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

$150K$100K$50K$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2023: $48,570Expenses 2023: $38,004Net Income 2023: $10,5662023Revenue 2024: $104,898Expenses 2024: $102,405Net Income 2024: $2,4932024

Highlighted filing

2024

Revenue$104,898
Expenses$102,405
Net Income$2,493
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 26, 2025
Return Version
2024v5.1
Gross Receipts
$104,898
Mission and Program Overview

Mission

Wellness programs,youth mentorship, and

For the purpose of charitable activities

Program Services

DescriptionGrantsExpenses
A CHARITABLE ACTIVITIES PROGRAM-$0
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
In Care Of
% MARY FARRAR
Phone
8888142696
Address
8041 Brier Creek Parkway STE 1066, Raleigh, NC 27617

Signing Officer

Name
Mary Farrar
Title
Tax Preparer
Phone
9193695308
Signed
2025-03-26
Discuss with paid preparer
No

Preparer

Firm
Infinite Tax Services LLC
Address
4821 TOPSTONE ROAD, Raleigh, NC 27603
Preparer
Mary B Farrar
Phone
9193695308
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountINCOME 82,657

Description of other expenses Part I line 16

Description AmountTRUIST BANK FEES 30INFINITE TAX SERVICES 350TRUIST MERCHANT FEES 1,563WEBSITE FEES 177MARKETING 7,179AUTHOZIE.NET 105THE INSURANCE GROUP 19,068BUSINESS LUNCHEON 136POSTAL FEES 1,551CHAMBER COMMERECE 300RENTALS 2,049SUPPLIES 4,448ROCKY MT.CHAMBER OF COMMERCE FEE 300ZOOM 51MEDIA RADIO 1,695SECURITY 500WORKMAN COMP 749HOTEL FEE 1,287PHOTOGAPHER 500AAU MEMBESHIP FEE 300OPERTIONAL EXPENSES 26,750

Business income not reported on 990-T Part V line 35

n/a

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.

Raw XML Appendix149 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/ExplanationTxt0Description AmountINCOME 82,657
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountTRUIST BANK FEES 30INFINITE TAX SERVICES 350TRUIST MERCHANT FEES 1,563WEBSITE FEES 177MARKETING 7,179AUTHOZIE.NET 105THE INSURANCE GROUP 19,068BUSINESS LUNCHEON 136POSTAL FEES 1,551CHAMBER COMMERECE 300RENTALS 2,049SUPPLIES 4,448ROCKY MT.CHAMBER OF COMMERCE FEE 300ZOOM 51MEDIA RADIO 1,695SECURITY 500WORKMAN COMP 749HOTEL FEE 1,287PHOTOGAPHER 500AAU MEMBESHIP FEE 300OPERTIONAL EXPENSES 26,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2n/a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Carolina 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.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Business income not reported on 990-T Part V line 35
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Tax Preparer
ReturnHeader/BusinessOfficerGrp/PhoneNum09193695308
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAROLINA STRIVE
ReturnHeader/Filer/BusinessNameControlTxt0CARO
ReturnHeader/Filer/EIN0841806200
ReturnHeader/Filer/InCareOfNm0% MARY FARRAR
ReturnHeader/Filer/PhoneNum08888142696
ReturnHeader/Filer/USAddress/AddressLine1Txt08041 Brier Creek Parkway STE 1066
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum09193695308
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY B FARRAR
ReturnHeader/ReturnTs02025-03-29T22:01:49-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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