Civic Intelligence

Grepbeat

EIN 39-4162327 • Durham, NC

Pub. 78 EligibleNTEE A30

Profile

To strengthen north carolina's startup ecosystem through independent journalism, educational programming, and events.

121 E Parrish StreetDurham, NC 27701

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$144,611

No earlier filing loaded for comparison.

Liabilities

$1,981

No earlier filing loaded for comparison.

Net Assets

$142,630

No earlier filing loaded for comparison.

Operations

Revenue

$159,000

No earlier filing loaded for comparison.

Expenses

$16,370

No earlier filing loaded for comparison.

Net Income

$142,630

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2025: $144,611Liabilities 2025: $1,981Net Assets 2025: $142,6302025

Highlighted filing

2025

Assets$144,611
Liabilities$1,981
Net Assets$142,630
Open 2025 Filing

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2025: $159,000Expenses 2025: $16,370Net Income 2025: $142,6302025

Highlighted filing

2025

Revenue$159,000
Expenses$16,370
Net Income$142,630
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$144,611
Liabilities
$1,981
Net assets
$142,630
Revenue
$159,000
Expenses
$16,370
Net income
$142,630
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.45$0.02$1.43$1.59$0.16$1.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 19, 2026
Return Version
2025v4.0
Gross Receipts
$159,000
Mission and Program Overview

Mission

To strengthen north carolina's startup ecosystem through independent journalism, educational programming, and events.

To strengthen north carolina's startup ecosystem through journalism and community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$144,611▲ $144,611
Rtn Earn Endowment Incm Other Fnds$0$142,630▲ $142,630
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$144,611▲ $144,611
Liabilities
Accounts Payable and Accrued Expenses$0$1,981▲ $1,981
Total Liabilities$0$1,981▲ $1,981
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$142,630▲ $142,630
Total Liabilities and Net Assets / Fund Balance$0$144,611▲ $144,611
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara CouryChairperson
Joseph ColopyPresident, Treasurer
Chris SeperDirector
Krista CoveyDirector
Jennifer SummeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$159,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$150,000
Change in Net Assets
$142,630
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,370
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$4,960--$4,960
Fees for Services Legal-$3,131-$3,131
Information Technology-$1,391-$1,391
Office Expenses-$890-$890
Other Expenses$625--$625
Travel$142--$142
All Other Expenses-$77-$77
Total Functional Expenses$10,881$5,489$0$16,370
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees for this organization. All operations of the organization are through the board of directors.”

Form 990, Part VI, Section B, Line 11B

“The president provides a copy of the return to the board of directors for review.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly reviews the policy with all officers and directors for compliance. Any possible noncompliance is addressed immediately.”

Form 990, Part VI, Section C, Line 18

“The organization has made the information available upon request.”

Form 990, Part VI, Section C, Line 19

“The organization has made the information available upon request.”

Filing and Contact Details

Filer

Filer Name
Grepbeat
EIN
39-4162327
Phone
9849999535
Address
121 E PARRISH STREET, DURHAM, NC 27701

Signing Officer

Name
Joseph Colopy
Title
President
Phone
8778295500
Signed
2026-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Colopy
Formed
2025
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Eag Triangle LLC
Address
1500 SUNDAY DRIVE SUITE 300, RALEIGH, NC 27607
Preparer
Ryan Alfred
Phone
9192325900
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES FOR THIS ORGANIZATION. ALL OPERATIONS OF THE ORGANIZATION ARE THROUGH THE BOARD OF DIRECTORS.
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