2023-06-13T09:38:30-04:00 2022-12-31 561138530 BUTLER BURKE LLP 100 CLUB OAKS COURT SUITE A WINSTONSALEM NC 27104 990 2022-01-01 814684785 AGILE CITY WINSTON-SALEM AGIL 8653601341 500 WEST FIFTH STREET SUITE 800 WINSTONSALEM NC 27101 KAREN BARNES EXECUTIVE DIRECTOR 8653601341 2023-05-31 true KAREN BARNES 999009999 false JANE R POTTER P01057495 3367682310 2023-05-31 2022 2023-04-26 12:10:37Z KAREN BARNES 500 W 5TH STREET SUITE 800 PMB17 WINSTONSALEM NC 27101 604303 false X HTTPS://WWW.AGILECITY.WS/ X 2016 NC TO BROADEN, CONNECT, AND SUPPORT THE INNOVATION COMMUNITY THROUGH PUBLIC SPACES AND PROGRAMS TO HELP ANYONE WITH AN IDEA SUCCEED. 5 5 5 5 0 1231105 70000 938104 529068 0 -24540 5235 2144669 604303 50637 409363 0 475556 460673 0 42397 807059 607237 1333252 1477273 811417 -872970 994242 131565 36152 46445 958090 85120 TO BROADEN, CONNECT, AND SUPPORT THE INNOVATION COMMUNITY THROUGH PUBLIC SPACES AND PROGRAMS TO HELP ANYONE WITH AN IDEA SUCCEED. false false 834052 8500 529068 TO BROADEN, CONNECT, AND SUPPORT THE INNOVATION COMMUNITY THROUGH PUBLIC SPACES AND PROGRAMS TO HELP ANYONE WITH AN IDEA SUCCEED. 530147 400863 VENTURE WINSTON GRANTS- TO ACCELERATE INNOVATION AND ENTREPRENEURSHIP THROUGH A COMPETITION THAT PROVIDES NON-EQUITY GRANTS AND ECOSYSTEM SUPPORT TO START-UP COMPANIES IN FUTURE-FOCUSED SECTORS, INCLUDING (BUT NOT LIMITED TO) AVIATION, HEALTHCARE TECHNOLOGY, AUGMENTED AND VIRTUAL REALITY, CYBERSECURITY, AND CREATIVE ENTERPRISE. 1364199 true true false false false false false false false false true false false false false false false false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 11 0 true 5 true false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false true true false X BRIDGET STOCKMAN 8653601341 500 W 5TH STREET SUITE 800 PMB17 WINSTONSALEM NC 27101 KAREN BARNES EXECUTIVE DI 40.00 X 149808 0 23595 CAROLINE MOORE DIRECTOR 1.00 X 0 0 0 FLETCHER STEELE DIRECTOR 1.00 X 0 0 0 JASON PADONE DIRECTOR 1.00 X 0 0 0 DAVID MOUNTS CHAIR 1.00 X X 0 0 0 ALLEN JOINES SECRETARY 1.00 X X 0 0 0 149808 23595 1 false true false 70000 70000 INNOVATION SERVICES 900099 357734 357734 ECOSYSTEM 900099 171334 171334 529068 MISCELLANEOUS 5235 5235 5235 604303 529068 5235 X 409363 409363 173403 156063 3468 13872 224524 202072 4490 17962 34473 31026 689 2758 28273 25446 565 2262 38814 38814 377933 377933 71514 71514 4586 2293 1834 459 57932 42832 15100 5418 4876 109 433 16163 16163 330 330 1695 1695 5294 3970 1324 DUES AND SUBSCRIPTIONS 13731 13731 MISCELLANEOUS 10154 6917 2259 978 TRAINING 3673 3673 1477273 1364199 70677 42397 547379 49470 127300 314419 71960 6686 13754 10305 5144 3449 994242 131565 36152 46445 36152 46445 X 958090 85120 958090 85120 994242 131565 -872970 X false false false X 393801 716740 397882 1231105 70000 2809528 16000 25000 225781 938104 529068 1733953 409801 741740 623663 2169209 599068 4543481 30000 20000 20000 70000 6902 10166 219544 916410 1153022 36902 30166 239544 916410 1223022 3320459 4235 4235 235 5235 5470 409801 741740 623663 2169444 608538 4553186 0.72930 0.71320 0.00000 0.00000 X PART III, LINE 12 MISCELLANEOUS 5,470 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13754 10305 3449 3449 true RENAISSANCE FIBER LLC 500 W 5TH ST SUITE 400 WINSTONSALEM NC 27101 830659516 20000 OPERATIONS ILLUMI LLC 121-A REYNOLDA GARDENS WINSTONSALEM NC 27106 833096410 38375 OPERATIONS SMOODI INC 125 WESTERN AVE ALLSTON MA 02134 371903998 50000 OPERATIONS ALLPUR NUTRITION INC 500 W 5TH STREET PMT 68 WINSTONSALEM NC 27101 834524765 45988 OPERATIONS SOUTHERN DRONE COMPANY 6221 LONG SHORE DR DOUGLASVILLE GA 30135 844880056 50000 OPERATIONS PARROTS INC 3518 FREMONT AVE N UNIT 422 SEATTLE WA 98103 844783631 50000 OPERATIONS POINT MOTION 500 W 5TH STREET STE 400 WINSTONSALEM NC 27101 822673151 50000 OPERATIONS SALUD MENTAL HEALTH 1231 WILLOWLAKE CT WINSTONSALEM NC 27106 871993580 50000 OPERATIONS AI TECHNOLOGY & SYSTEMS 105 SERRA WAY 251 MILPITAS CA 95035 301226268 46500 OPERATIONS FLYWHEEL LLC 500 W 5TH STREET STE 800 WINSTONSALEM NC 27101 464744359 6500 SPONSORSHIPS 10 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANT RECIPIENTS WILL PROVIDE QUARTERLY REPORTS TO AGILE CITY THAT LISTS METRICS SUCH AS: NEW TEAM MEMBERS HIRED, AMOUNT OF REVENUE GENERATED, AMOUNT OF CAPITAL RAISED, NUMBER AND DESCRIPTIONS OF MILESTONES ACHIEVED, AND OTHER PROGRESS METRICS REQUESTED BY AGILE CITY. OTHER SUPPORTING DOCUMENTATION PROVIDED INCLUDE FINANCIAL INFORMATION SUCH AS AN UNAUDITED INCOME STATEMENT AND BALANCE SHEET. RECIPIENTS AGREE TO MAINTAIN RECORDS FOR A PERIOD OF THREE YEARS IN WHICH AGILE CITY MAY EXAMINE THEM. false false false false false false false false false KAREN BARNES EXECUTIVE DIRECTOR 149808 5992 17603 173403 FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT OF THE FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS VIA EMAIL FOR APPROVAL BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C UPON BECOMING AWARE OF CIRCUMSTANCES GIVING RISE TO A POTENTIAL CONFLICT OF INTEREST SITUATION, THE BOARD (OR ITS DESIGNATED COMMITTEE) SHALL UNDERTAKE, OR APPOINT A DISINTERESTED PERSON TO UNDERTAKE, AND REPORT TO THE BOARD OR ITS COMMITTEE THEREON, AN APPROPRIATE INVESTIGATION AND ANALYSIS OF THE NATURE AND CIRCUMSTANCES OF THE POSSIBLE CONFLICT AND ANY POTENTIAL FOR AN EXCESS OR INAPPROPRIATE BENEFIT TO ANY INTERESTED PERSON, WHICH SHALL INCLUDE, WHEN RELEVANT, THE COLLECTION OF DATA ON COMPARABLE ARRANGEMENTS OR TRANSACTIONS AND THE CONSIDERATION OF POSSIBLE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPANY SHALL ENDEAVOR TO ENSURE THAT ALL ARRANGEMENTS FOR COMPENSATION TO INTERESTED PERSONS ARE OBJECTIVELY REASONABLE, BASED ON THE RELEVANT MARKET FOR PERSONS OF COMPARABLE SKILLS, TRAINING, EDUCATION AND EXPERIENCE AND PERFORMING SIMILAR DUTIES FOR COMPARABLE ORGANIZATIONS UNDER SIMILAR CONDITIONS AND CIRCUMSTANCES. THE COMPANY SHALL CONSIDER AND GIVE DUE WEIGHT TO STUDIES PUBLISHED BY THIRD PARTIES REGARDING RATES OF COMPENSATION WHENEVER, AND TO THE EXTENT THAT, SUCH STUDIES ARE RELIABLE, COMPARABLE AND AVAILABLE ON REASONABLE TERMS. FORM 990, PAGE 6, PART VI, LINE 15B SEE LINE 15A'S EXPLANATION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO INTERESTED PARTIES. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES 377,933 0 0