Evolve Yoga Inc

Nonprofit profile at a glance

EIN: 820928734
IRS 990-EZ coverage: 2018–2020
Forms available: Form 990-EZ 2020, Form 990-N 2017
Location: Roaring Gap, NC, USA
Phone: 3368173489
Rating: 73
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Personal Social Services

Reported finances

Revenue: $-261,351
Expenses: $74,888
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

JOHN BUDD (PRESIDENT)

People named in this filing

JOHN BUDD (PRESIDENT)
AMANDA BALL (TREASURER)
ED BALL (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

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.

What it reported doing in 2020

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.

Operating model

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 80
Transparency & Controls: 82
Sustainability: 12
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 46.8%; rating input score 47

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -128.7%; rating input score 11; 11th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -64.5% per year; rating input score 0; 7th percentile among comparable filings
Revenue growth: Limited
Asset growth: -77.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 46.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $35K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 5 of 5 current checks pass
Schedules: 3 filed schedules
Filing history: 3 filing years from 2018 to 2020
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Moderate — Financial Efficiency: Program expense ratio scored 47/100.
High — Growth: Program expense growth scored 0/100.
High — Sustainability: Operating margin scored 11/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
Review — Sustainability: Officer compensation ratio scored 56/100.