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HUSTLE WINSTON-SALEM

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Public IRS 990 nonprofit record

HUSTLE WINSTON-SALEM

EIN 82-3510672 · Community & Neighborhood Development (S20)

What they do

HUSTLE WINSTON-SALEMS MISSION is to HELP GROW THE LOCAL ECONOMY BY ACCELERATING UNDER-REPRESENTED ENTREPRENEURS WITH A FOCUS ON WOMEN, PEOPLE of COLOR, and MARGINALIZED BUSINESS DISTRICTS.

Before you give

Are they doing good?

Easy charity check
Good signs so far

The public paperwork has several good signs. Now check whether the charity can show who it helped.

Here is the honest answer: A tax form shows money and paperwork. It cannot prove that people, animals, or the community were truly helped.

Good signs we looked for

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders8 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$76.20spent for every $100 of revenueRevenue covered expenses this year.
$36.10of every $100 spent went to management and office costsThis number alone does not tell us how much good they did.
$0.57in assets for every $1 spent this yearSome assets cannot be spent right away.
97.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $30,333 for MAGALIE YACINTHE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Good paperwork is a good sign—not proof. The best answer comes when the charity can show what it changed, who it helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$196,507
Expenses$149,731
Annual surplus $46,776 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$54,027 · 36.1% of expenses
See all reported dollar amounts
Revenue$196,507
Expenses$149,731
Assets$84,778
Income$120,434
Contributions$191,321
Management and general$54,027
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MAGALIE YACINTHEEXECUTIVE DIRECTOR · 25 hrs/week $30,333

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (8)

MAGALIE YACINTHEEXECUTIVE DIRECTOR

ALLAN YOUNGERVICE CHAIR

DARYL SHAWBOARD MEMBER

JANET CARLSONBOARD MEMBER

JONATHAN MATTHEW WILLIAMSBOARD MEMBER

KELLIE EASTONCHAIR

LEA METZBOARD MEMBER

SANTIAGO RAMOSTREASURER

About this charity

Recognized since
January 2021
Location
500 WEST FIFTH STREET SUITE 800 2, WINSTONSALEM, NC 27101
County
Forsyth
In care of
MAGALIE YACINTHE
Primary officer
MAGALIE YACINTHE, EXECUTIVE DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
CLIFTONLARSONALLEN LLP
NTEE classification
Community & Neighborhood Development (S20)
IRS tax category
Community & Neighborhood Development

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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