Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 32.5% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Down$104,391
Down $21,558 (-17%) from 2016
Net Assets
Down$81,621
Down $43,099 (-35%) from 2016
Liabilities
Up$22,770
Up $21,541 (+1753%) from 2016
Revenue
Down$92,212
Down $47,542 (-34%) from 2016
Expenses
Up$133,102
Up $34,457 (+35%) from 2016
Net Income
Down-$40,890
Down $81,999 (-199%) from 2016
To provide technical, administrative, and infrastructure support to entrepreneurs and serve as a catalyst for innovation and economic growth in the raleigh and triangle area
SEE SCHEDULE O
| Description | Grants | Expenses |
|---|---|---|
| INNOVATE RALEIGH SUMMIT | $0 | $12,062 |
| TO PROVIDE TECHNICAL, ADMINISTRATIVE, AND INFRASTRUCTURE SUPPORT TO ENTREPRENEURS AND SERVE AS A CATALYST FOR INNOVATION AND ECONOMIC GROWTH IN THE RALEIGH AND TRIANGLE AREA | $0 | $10,166 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| BRIDGET HARRINGTON | Executive Director | PT | $30,000 | - | $30,000 |
| JASON WIDEN | Chairman | - | $0 | - | - |
| TERRI LOMAX | Director | - | $0 | - | - |
| DERRICK MINOR | Director | - | $0 | - | - |
| KARL RECTANUS | Director | - | $0 | - | - |
| ANITA WATKINS | Director | - | $0 | - | - |
“Description: INTEREST - SAVINGS SHORT CD. Amount: 26.”
“Description: OTHER EXPENSES. Amount: 1,004. Description: SUPPLIES. Amount: 1,194. Description: INSURANCE. Amount: 765. Description: PROGRAM COSTS. Amount: 10,166. Description: EVENT EXPENSES. Amount: 12,062. Description: SEMINARS & CONFERENCES. Amount: 1,640. Description: MARKETING. Amount: 1,259. Description: UNCOLLECTIBLE PLEDGES. Amount: 4,614. Description: MEALS AND ENTERTAINMENT. Amount: 509. Description: TRAVEL. Amount: 357. Total to Form 990-EZ, line 16: 33,570.”
“Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 20,000. End of Year Amount: 13,210. Description: ORGANIZATIONAL COST. Beg. of Year Amount: 900. End of Year Amount: 0. Description: PREPAID EXPENSE. Beg. of Year Amount: 0. End of Year Amount: 8,500.”
“Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 1,381. End of Year Amount: 0. Description: FEDERAL TAXES. Beg. of Year Amount: 678. End of Year Amount: 0. Description: NC INCOME TAX. Beg. of Year Amount: 365. End of Year Amount: 0. Description: DEFERRED REVENUE. Beg. of Year Amount: 0. End of Year Amount: 22,770.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JAMES WHITE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9196647030 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 800 S SALISBURY STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27601 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 104035 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 82681 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 80000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -40890 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 65445 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 124935 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 104391 |
| IRS990EZ/GrossReceiptsAmt | 0 | 92212 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 26 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 122511 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 81621 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 122511 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 81621 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 28.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 30000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JASON WIDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TERRI LOMAX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DERRICK MINOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KARL RECTANUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ANITA WATKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRIDGET HARRINGTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 20900 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 21710 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 33570 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 304 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 12186 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE TECHNICAL, ADMINISTRATIVE, AND INFRASTRUCTURE SUPPORT TO ENTREPRENEURS AND SERVE AS A CATALYST FOR INNOVATION AND ECONOMIC GROWTH IN THE RALEIGH AND TRIANGLE AREA |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | INNOVATE RALEIGH SUMMIT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 10166 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 12062 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 33783 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2424 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 22770 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 133102 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 22228 |
| IRS990EZ/TotalRevenueAmt | 0 | 92212 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | INNOVATERALEIGH.COM |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE ORGANIZATION FILED A CALENDAR YEAR RETURN FOR 2014 TO 2016. THE ORGANIZATION SWITCHED TO A SEPTEMBER 30 YEAR END IN 2017. THE REVENUE FOR THIS SHORT YEAR HAS BEEN INCLUDED IN THE 2016 COLUMN ON SCHEDULE A. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Part II, Short Year Explanation: |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 80000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 157390 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 103500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 92500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 433390 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 26 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 29 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 12186 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 433390 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 80000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 157390 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 103500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 92500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 433390 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 433419 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: INTEREST - SAVINGS SHORT CD. Amount: 26. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: OTHER EXPENSES. Amount: 1,004. Description: SUPPLIES. Amount: 1,194. Description: INSURANCE. Amount: 765. Description: PROGRAM COSTS. Amount: 10,166. Description: EVENT EXPENSES. Amount: 12,062. Description: SEMINARS & CONFERENCES. Amount: 1,640. Description: MARKETING. Amount: 1,259. Description: UNCOLLECTIBLE PLEDGES. Amount: 4,614. Description: MEALS AND ENTERTAINMENT. Amount: 509. Description: TRAVEL. Amount: 357. Total to Form 990-EZ, line 16: 33,570. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 20,000. End of Year Amount: 13,210. Description: ORGANIZATIONAL COST. Beg. of Year Amount: 900. End of Year Amount: 0. Description: PREPAID EXPENSE. Beg. of Year Amount: 0. End of Year Amount: 8,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: ACCOUNTS PAYABLE. Beg. of Year Amount: 1,381. End of Year Amount: 0. Description: FEDERAL TAXES. Beg. of Year Amount: 678. End of Year Amount: 0. Description: NC INCOME TAX. Beg. of Year Amount: 365. End of Year Amount: 0. Description: DEFERRED REVENUE. Beg. of Year Amount: 0. End of Year Amount: 22,770. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Other Investment Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JASON WIDEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9196647030 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-08-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INNOVATE RALEIGH |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INNO |
| ReturnHeader/Filer/EIN | 0 | 262891963 |
| ReturnHeader/Filer/PhoneNum | 0 | 9196647030 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 800 S SALISBURY STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27601 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 5C8A1C1E734A9AD4569125BF30D14546701279C4 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 3E9B1ACC26AEF4A3E251BA82C10B5EBD7AF95121 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 24.106.199.106 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-08-09 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:56:30 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560517823 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Koonce Wooten & Haywood LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | P O Box 17806 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Raleigh |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 276197806 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9197829265 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Christopher Duffus |
| ReturnHeader/ReturnTs | 0 | 2019-08-14T08:43:58-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-09-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
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Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.