Morrisville Innovation Foundation is located in Morrisville, NC. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morrisville Innovation Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CREATING A PUBLIC AND PRIVATE PARTNERSHIP FOR ECONOMIC AND COMMUNITY DEVELOPMENT IN MORRISVILLE. IDENTIFY AND FOSTER ENTREPRENEURSHIP AND COMMUNITY LEADERS FOR ECONOMIC PROSPERITY
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Rose Cornelius President | 10 | $0 | |
| Veronica Bent Chair | 1 | $0 | |
| Kevin Leder Treasurer | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $0 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $0 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $64 | 
| Other expenses | $0 | 
| Total expenses | $64 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,822 | 
| Other assets | $0 | 
| Total assets | $36,194 | 
| Total liabilities | $23,246 | 
| Net assets or fund balances | $12,948 |