NC TechPaths Inc
- Assets
- $1.5m
- Revenue
- $805.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilkesboro, NC
- Founding
- Data as of
- 06/2022
- EIN
- 87-2625452
Organization Overview
NC TechPaths Inc is located in Wilkesboro, NC. NC TechPaths Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NC TECH PATHS IS A NON-PROFIT DEDICATED TO HELPING OUR RURAL NEIGHBORS GAIN ACCESS TO TECHNOLOGY JOBS AND REMAIN IN THEIR HOME REGION. OUR VISION IS TO ESTABLISH NORTHWEST NORTH CAROLINA, WITH WILKES COUNTY AT ITS EPICENTER, AS A NATIONALLY RECOGNIZED HUB FOR RURAL TECH WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TALENT: NC TECH PATHS WORKS AT THE INTERSECTION OF STUDENTS, EDUCATION, AND INDUSTRY FOR RURAL COMMUNITIES. OUR PROGRAM MODEL IS TO RECRUIT HIGH-POTENTIAL TALENT INTERESTED IN CAREERS IN SOFTWARE DEVELOPMENT, NETWORK MANAGEMENT, CYBER SECURITY AND IT SUPPORT, COACH AND ASSIST THE LEARNERS ON PATHWAYS TO A DEGREE AND/OR INDUSTRY CREDENTIAL, AND THEN PREPARE THEM FOR JOB PLACEMENT AND CAREER SUCCESS. IN OUR FIRST YEAR OF THE ORGANIZATION, WE HAVE BUILT OUR BUSINESS MODEL, ESTABLISHED PARTNERSHIPS WITH TRAINING AND WORKFORCE PARTNERS, AND RECRUITED A PILOT CLASS OF FUTURE IT PROFESSIONALS.
MASTHEAD: NC TECH PATHS PURCHASED A BUILDING IN DOWNTOWN NORTH WILKESBORO TO SERVE AS THE ORGANIZATION'S FIRST RURAL TECH OUTPOST. IN ADDITION TO SERVING AS A MAGNETIC WORKSPACE, THE MASTHEAD WILL PROVIDE A DOWNTOWN CONVENING SPOT FOR INDIVIDUALS INTERESTED IN TECHNOLOGY AND ENTREPRENEURSHIP, HOSTING HANDS-ON TRAINING, SUMMER CAMPS, AFTER-SCHOOL EXPERIENCE, AND FIELD TRIPS, ALL DESIGNED TO BUILD A ROBUST PIPELINE OF STEM TALENT IN THE GREATER WILKES AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary J Barricklow | 0 | $0 | |
Craig Delucia President | Officer | 9 | $6,000 |
Mark Bullard Secretary | Officer | 2 | $0 |
William C Warden Jr Director | Trustee | 0.5 | $0 |
Albert Lee Herring II Director | Trustee | 0.5 | $0 |
Dr Jeff Cox Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $800,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $800,100 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,250 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $805,350 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $14,000 |
| Compensation of current officers, directors, key employees. | $1,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,979 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,198 |
| Payroll taxes | $13,799 |
| Fees for services: Management | $63,225 |
| Fees for services: Legal | $11,034 |
| Fees for services: Accounting | $8,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,306 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,295 |
| Advertising and promotion | $11,653 |
| Office expenses | $12,601 |
| Information technology | $3,044 |
| Royalties | $0 |
| Occupancy | $253 |
| Travel | $1,644 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,229 |
| Insurance | $5,593 |
| All other expenses | $0 |
| Total functional expenses | $311,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $643,893 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $854,909 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,050 |
| Total assets | $1,499,852 |
| Accounts payable and accrued expenses | $5,893 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,000,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $1,005,894 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $493,958 |
| Total liabilities and net assets/fund balances | $1,499,852 |
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