Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Down$197,365
Down $18,312 (-8.5%) from 2010
Net Assets
Down$5,564
Down $132,859 (-96%) from 2010
Liabilities
Up$191,801
Up $114,547 (+148%) from 2010
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$921,002
Up $220,619 (+31%) from 2010
Net Income
-
No earlier filing loaded for comparison.
To educate the public about North Carolina's medical technology industry.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | 0 |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 77254 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 177818 |
| IRS990/AccountsReceivable/BOY | 0 | 7752 |
| IRS990/AccountsReceivable/EOY | 0 | 9248 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | TO EDUCATE THE PUBLIC ABOUT NORTH CAROLINA'S ADVANCED MEDICAL TECHNOLOGY INDUSTRY. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 4505 EMPEROR BLVD NO 220 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | DURHAM |
| IRS990/AddressPrincipalOfficerUS/State | 0 | NC |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 27703 |
| IRS990/Advertising/ManagementAndGeneral | 0 | 93152 |
| IRS990/Advertising/ProgramServices | 0 | 52114 |
| IRS990/Advertising/Total | 0 | 145266 |
| IRS990/AllOtherContributions | 0 | 675000 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 1281 |
| IRS990/AllOtherExpenses/Total | 0 | 1281 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 1 |
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| IRS990/CashNonInterestBearing/BOY | 0 | 50263 |
| IRS990/CashNonInterestBearing/EOY | 0 | 61705 |
| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
| IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral | 0 | 343112 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 343112 |
| IRS990/CompensationFromOtherSources | 0 | 0 |
| IRS990/CompensationProcessCEO | 0 | 1 |
| IRS990/CompensationProcessOther | 0 | 1 |
| IRS990/ConferencesMeetings/ManagementAndGeneral | 0 | 595 |
| IRS990/ConferencesMeetings/Total | 0 | 595 |
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| IRS990/ConservationEasements | 0 | 0 |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | 0 |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine1 | 0 | 11000 REGENCY PARKWAY SUITE 300 |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City | 0 | CARY |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State | 0 | NC |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode | 0 | 27518 |
| IRS990/ContractorCompensation/Compensation | 0 | 180719 |
| IRS990/ContractorCompensation/DescriptionOfServices | 0 | MARKETING |
| IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine1 | 0 | MICROMASS COMMUNICATION |
| IRS990/ContributionsGrantsCurrentYear | 0 | 675000 |
| IRS990/ContributionsGrantsPriorYear | 0 | 759579 |
| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 0 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
| IRS990/DeferredRevenue/EOY | 0 | 13983 |
| IRS990/DelegationOfManagementDuties | 0 | 0 |
| IRS990/DepreciationDepletion/ManagementAndGeneral | 0 | 9925 |
| IRS990/DepreciationDepletion/Total | 0 | 9925 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | MEDTECH & OTHER MEETINGS - THE ORGANIZATION OFFERS NUMEROUS OPPORTUNITIES FOR ENTREPRENEURS TO ATTEND EVENTS, PROVIDING MULTIPLE TOUCH POINTS FOR NETWORKING FACE-TO-FACE WITH THOSE WHO SHARE COMMON INTERESTS AND WHO CAN SERVE AS ABUNDANT SOURCES OF INFORMATION AND SUPPORT. THE MEDTECH CONFERENCE SPONSORED YEARLY BY THE ORGANIZATION GATHERS MEDTECH PROFESSIONALS TO TALK ABOUT THE CHALLENGES AND OPPORTUNITIES IN THE MEDICAL TECHNOLOGY INDUSTRY. SPEAKERS AND PANELISTS FROM AROUND THE COUNTRY PROVIDE GUIDANCE, INSIGHT AND STIMULATING DISCUSSION. |
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| IRS990/ExcessBenefitTransaction | 0 | 0 |
| IRS990/Expense | 0 | 117978 |
| IRS990/FamilyOrBusinessRelationship | 0 | 0 |
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| IRS990/FederalGrantAuditRequired | 0 | 1 |
| IRS990/FeesForServicesLegal/ManagementAndGeneral | 0 | 13536 |
| IRS990/FeesForServicesLegal/Total | 0 | 13536 |
| IRS990/FeesForServicesOther/ManagementAndGeneral | 0 | 65424 |
| IRS990/FeesForServicesOther/Total | 0 | 65424 |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
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| IRS990/ForeignFinancialAccount | 0 | 0 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 0.50 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 9 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 10 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 11 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 12 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 13 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 14 | 2.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 15 | 2.00 |
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| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 7 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 8 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 9 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 10 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | TIM GUPTON |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | KEN ATKINS |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | BOB WILHELM |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | BARRY MYERS |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | FRED MCCOY |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | MATT JENNINGS |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | TROY NAGLE |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | KEN LEE |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | CHARLES GOLDSTEIN |
| IRS990/Form990PartVIISectionA/NamePerson | 9 | GREG DAVIS |
| IRS990/Form990PartVIISectionA/NamePerson | 10 | SAM TAYLOR |
| IRS990/Form990PartVIISectionA/NamePerson | 11 | CINDY CLARK |
| IRS990/Form990PartVIISectionA/NamePerson | 12 | DANIEL M DEATON |
| IRS990/Form990PartVIISectionA/NamePerson | 13 | LAWSON RANKIN |
| IRS990/Form990PartVIISectionA/NamePerson | 14 | MIKE FLORIO |
| IRS990/Form990PartVIISectionA/NamePerson | 15 | JASON WOOD |
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| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/Officer | 3 | X |
| IRS990/Form990PartVIISectionA/Officer | 4 | X |
| IRS990/Form990PartVIISectionA/Officer | 5 | X |
| IRS990/Form990PartVIISectionA/Officer | 6 | X |
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| IRS990/Form990PartVIISectionA/Title | 1 | BOARD MEMBER |
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| IRS990/Form990PartVIISectionA/Title | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 6 | BOARD MEMBER |
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| IRS990/Form990PartVIISectionA/Title | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 9 | CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 10 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionA/Title | 11 | PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 12 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 13 | CFO/TREASURER (THRU 06/28/11) |
| IRS990/Form990PartVIISectionA/Title | 14 | CFO/TREASURER (06/29/11 - 10/01/11) |
| IRS990/Form990PartVIISectionA/Title | 15 | SECRETARY |
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| IRS990/IndependentAuditFinancialStmt | 0 | 1 |
| IRS990/IndoorTanningServices | 0 | 0 |
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| IRS990/InfoInScheduleOPartVI | 0 | X |
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| IRS990/InformationTechnology/ProgramServices | 0 | 5746 |
| IRS990/InformationTechnology/Total | 0 | 42258 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 1132 |
| IRS990/Insurance/Total | 0 | 1132 |
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| IRS990/LandBuildingsEquipmentBasis | 0 | 59360 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 14207 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 46712 |
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| IRS990/MissionDescription | 0 | TO ADVANCE NORTH CAROLINA'S MEDICAL TECHNOLOGY COMMUNITY AND TO PROVIDE A ROBUST NETWORK OF RESOURCES THAT LINKS MEDTECH ENTREPRENEURS TO THE TALENT, FUNDING AND EXPERTISE NEEDED TO ACCELERATE THE DEVELOPMENT AND COMMERCIALIZATION PROCESS. ENTREPRENEURS ARE ABLE TO TAP INTO THAT NETWORK (WHICH SPANS THE SOUTHEAST AND BEYOND) - CONNECTING TO WHAT THEY NEED WHEN THEY NEED IT. THIS INCLUDES ADVICE FROM OTHER EXPERTS IN THEIR FIELD, GRANT WRITING ASSISTANCE, INTRODUCTIONS TO ECONOMIC DEVELOPMENT PERSONNEL, MANUFACTURING OPTIONS AND MANY OTHER TOOLS. |
| IRS990/MoreThan5000KToIndividuals | 0 | 0 |
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| IRS990/NameOfPrincipalOfficerPerson | 0 | CINDY CLARK |
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| IRS990ScheduleD/Equipment/Depreciation | 0 | 12648 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 59360 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -132859 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -132859 |
| IRS990ScheduleD/ExpensesNotRptdF990 | 0 | 52076 |
| IRS990ScheduleD/ExpensesNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotal | 0 | 921002 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2011. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO SIGNIFICANT UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2011. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | PART X: |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 52076 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 788143 |
| IRS990ScheduleD/TotalExpenses | 0 | 921002 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 921002 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 46712 |
| IRS990ScheduleD/TotalRevenue | 0 | 788143 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 788143 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 973078 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 840219 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApproval | 0 | X |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/CompensationSurvey | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 200000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 15000 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation | 0 | EMPLOYEES ARE ELIGIBLE FOR A BONUS OF UP TO 10% BASE SALARY BASED ON THE ACHIEVEMENT OF GOALS THAT ARE PRE-DEFINED BY THE BOARD. WHETHER THE GOALS ARE ACHIEVED AND WHETHER THE PAYMENT OF THE BONUS WILL OCCUR IS AT THE DISCRETION OF THE BOARD OF DIRECTORS. IN 2011, THE BOARD APPROVED A BONUS OF 5% FOR GOALS ACHIEVED IN 2010. |
| IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier | 0 | SUPPLEMENTAL INFORMATION |
| IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference | 0 | PART III |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | CINDY CLARK |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg | 0 | 8400 |
| IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 223400 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/InitialContractException | 0 | 0 |
| IRS990/ScheduleJRequired | 0 | 1 |
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Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.