Civic Intelligence

Road2Hire

990 • Fiscal year 2022 • EIN 81-2262213

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 29, 2024

1423 Red Ventures DriveFort Mill, SC 29707

(704) 697-1131

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

6th percentile

0.01x

Higher debt load relative to revenue than 6% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

96th percentile

79%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

100th percentile

3039%

Faster asset growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

1200%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$33,979,423

Up $28,961,585 (+577%) from 2022

Net Assets

Up

$33,594,002

Up $28,803,948 (+601%) from 2022

Liabilities

Up

$385,421

Up $157,637 (+69%) from 2022

Revenue

Up

$41,564,410

Up $29,623,039 (+248%) from 2022

Expenses

Up

$8,901,804

Up $49,875 (+0.6%) from 2022

Net Income

Up

$32,662,606

Up $29,573,164 (+957%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2016: $272,030Liabilities 2016: $1,080Net Assets 2016: $270,9502016Assets 2017: $139,779Liabilities 2017: $14,508Net Assets 2017: $125,2712017Assets 2018: $131,641Liabilities 2018: $15,359Net Assets 2018: $116,2822018Assets 2019: $513,370Liabilities 2019: $313,707Net Assets 2019: $199,6632019Assets 2020: $1,934,224Liabilities 2020: $238,111Net Assets 2020: $1,696,1132020Assets 2021: $1,082,574Liabilities 2021: $75,963Net Assets 2021: $1,006,6112021Assets 2022: $5,017,838Liabilities 2022: $227,784Net Assets 2022: $4,790,0542022Assets 2022: $33,979,423Liabilities 2022: $385,421Net Assets 2022: $33,594,0022022Assets 2023: $31,167,367Liabilities 2023: $1,531,152Net Assets 2023: $29,636,2152023Assets 2024: $26,934,168Liabilities 2024: $116,516Net Assets 2024: $26,817,6522024

Highlighted filing

2022

Assets$33,979,423
Liabilities$385,421
Net Assets$33,594,002

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2016: $375,000Expenses 2016: $104,050Net Income 2016: $270,9502016Revenue 2017: $309,156Expenses 2017: $454,835Net Income 2017: -$145,6792017Revenue 2018: $803,985Expenses 2018: $812,974Net Income 2018: -$8,9892018Revenue 2019: $995,745Expenses 2019: $912,364Net Income 2019: $83,3812019Revenue 2020: $3,897,304Expenses 2020: $2,400,854Net Income 2020: $1,496,4502020Revenue 2021: $3,197,905Expenses 2021: $3,887,407Net Income 2021: -$689,5022021Revenue 2022: $11,941,371Expenses 2022: $8,851,929Net Income 2022: $3,089,4422022Revenue 2022: $41,564,410Expenses 2022: $8,901,804Net Income 2022: $32,662,6062022Revenue 2023: $10,855,250Expenses 2023: $13,099,385Net Income 2023: -$2,244,1352023Revenue 2024: $17,189,588Expenses 2024: $12,547,891Net Income 2024: $4,641,6972024

Highlighted filing

2022

Revenue$41,564,410
Expenses$8,901,804
Net Income$32,662,606
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 29, 2024
Return Version
2022v5.0
Gross Receipts
$41,564,410
Mission and Program Overview

Mission

The organization is a nonprofit built to help break the economic mobility barriers in the greater charlotte area by providing resources for motivated young adults to grow personally and professionally in a highly supportive environment.

To help break economic mobility barriers in the greater charlotte area

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$28,450,780-
Accounts Receivable$251,017$4,821,018▲ $4,570,001
Pledges and Grants Receivable$397,938$326,636▼ $71,302
Cash and Non-Interest-Bearing Accounts$428,685$138,132▼ $290,553
Prepaid Expenses and Deferred Charges$4,934$5,296▲ $362
Total Assets$1,082,574$33,979,423▲ $32,896,849
Other Assets Total$0$237,561▲ $237,561
Liabilities
Other Liabilities$0$237,621▲ $237,621
Accounts Payable and Accrued Expenses$75,963$147,800▲ $71,837
Total Liabilities$75,963$385,421▲ $309,458
Net Assets / Fund Balance
Net Assets With Donor Restrictions$100,000$33,001,486▲ $32,901,486
Net Assets Without Donor Restrictions$906,611$592,516▼ $314,095
Total Net Assets Fund Balance$1,006,611$33,594,002▲ $32,587,391
Total Liabilities and Net Assets / Fund Balance$1,082,574$33,979,423▲ $32,896,849

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$28,450,780--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ricardo EliasPresident
Kacey GranthamVice President
Kathryn BlackDirector
Thadd JonesSecretary
Sathish MuthukrishanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,888,843
Program Service Revenue
$3,675,567
Investment Income
$0
Other Revenue
$0
All Other Contributions
$37,888,843
Change in Net Assets
$32,662,606

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Securities Publicly Traded$28,450,780Value Date of Transfer
Total Noncash Contributions$28,450,780-

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,564,410
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$41,564,410
Total Revenue per Form 990
$41,564,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,706,973
Grants and Similar Amounts Paid$1,575,701
Other Expenses$619,130
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,182,533$892,956-$6,075,489
Grants to Domestic Individuals$1,575,701--$1,575,701
Other Employee Benefits$334,029$57,554-$391,583
Payroll Taxes$204,641$35,260-$239,901
Office Expenses$104$208,746-$208,850
Occupancy-$114,073-$114,073
Fees for Services Other$8,644$41,521-$50,165
Travel$6,341$31,092-$37,433
Insurance$7,252--$7,252
Other Expenses$1,492$4,010-$5,502
Total Functional Expenses$7,359,354$1,542,450$0$8,901,804

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,977,019
Expenses per Audited Statements$8,901,804
Total Expenses per Form 990$8,901,804
Expenses Not Reported on Form 990$75,215
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right-of-use Lease Liability$237,621
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 2

With one exception, the officers and directors listed are all related to each other through past, within five years, or present business relationships at red ventures, llc.

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

Management reviews the form 990 with the tax preparer prior to filing.

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

Compliance policies are reviewed and discussed by the board in board meetings and officers and management periodically review compliance policies as well as part of monthly financial and operational reviews.

Form 990, Part VI, Section C, Line 19

The organization will provide its financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Road2hire
EIN
81-2262213
Phone
7046971131
Address
1423 RED VENTURES DRIVE, FORT MILL, SC 29707

Signing Officer

Name
Ben Braun
Title
Chief Financial Officer
Phone
7046971131
Signed
2024-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Braun
Formed
2016
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
200

Preparer

Firm
Cliftonlarsonallen Llp
Address
227 WEST TRADE STREET SUITE 800, CHARLOTTE, NC 28202
Preparer
John Norman
Phone
7049985200
Supplemental Narrative

Additional Explanations

Amended Return Explanation

The organization has obtained audited financial statements, which necessitated several changes to the previously filed return. The amendments are as follows: part viii - statement of revenue: the contribution of shares has been included in the statement of revenue. This adjustment ensures that the total revenue is accurately reflected. Part ix - statement of functional expenses: functional expenses have been reallocated between program expenses and management and general expenses. Part x - balance sheet: investments have been included in the balance sheet, and the ending net assets have been accurately reported. Schedule a, part ii, section a: this section has been changed to reflect the revenue reported in form 990. Schedue b: revised to reflect stock contributions received by the organization at the end of the year.

Form 990, Part III, Line 2

During the year, the organization merged with golden door scholars, a north carolina nonprofit organization and became the surviving corporation of the merger. As such, the organization absorbed the charitable purposes of golden door scholars. See part iii, line 4a for further information on the golden door scholars program.

Form 990, Part XII, Line 2C

Oversight and selection process is unchanged from prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit organization and is exempt from income tax under section 501(c)(3) of the internal revenue code with respect to its exempt function income. The organization is not a private foundation as defined by section 509(a) of the internal revenue code. The organization's income tax returns are subject to review and examination by federal, state, and local authorities. The organization is not aware of any activities that would jeopardize its tax-exempt status. The organization is not aware of any activities that are subject to tax on unrelated business income or excise or other taxes. Generally accepted accounting principles require an organization to recognize a tax benefit or expense from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the tax authorities, based on the technical merits of the position. Management believes the organization had no uncertain tax positions as of december 31, 2020 and december 31, 2019.

Raw XML Appendix398 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt075963
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0147800
IRS990/AccountsReceivableGrp/BOYAmt0251017
IRS990/AccountsReceivableGrp/EOYAmt04821018
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO HELP BREAK ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA
IRS990/AllOtherContributionsAmt037888843
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0NICHOLAS SAMMARTANO
IRS990/BooksInCareOfDetail/PhoneNum07046971131
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01423 RED VENTURES DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT MILL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029707
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0428685
IRS990/CashNonInterestBearingGrp/EOYAmt0138132
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt037888843
IRS990/CYGrantsAndSimilarPaidAmt01575701
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0619130
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03675567
IRS990/CYRevenuesLessExpensesAmt032662606
IRS990/CYSalariesCompEmpBnftPaidAmt06706973
IRS990/CYTotalExpensesAmt08901804
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt041564410
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ROAD2HIRE IS A NONPROFIT ORGANIZATION BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA. ROADTOHIRE TEACHES SKILLS NEEDED TO BREAK INTO THE FIELDS OF WEB DEVELOPMENT AND SALES. THE ORGANIZATION PROMOTES ECONOMIC MOBILITY FOR MOTIVATED YOUNG ADULTS THROUGH PAID PROFESSIONAL TRAINING, PERSONAL DEVELOPMENT AND JOB PLACEMENT. ROAD2HIRE ABSORBED THE OPERATIONS OF GOLDEN DOOR SCHOLARS AT THE END OF 2022. GOLDEN DOOR SCHOLARS PROVIDES "DACAMENTED AND UNDOCUMENTED STUDENTS WITH THE FINANCIAL AID AND SUPPORT NEEDED TO INVEST IN THEIR EDUCATION AND DEFINE THEIR FUTURES. WE BELIEVE THAT IMMIGRATION STATUS SHOULD NOT DETERMINE OPPORTUNITY; TENACITY AND HARD WORK SHOULD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt0-75215
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0100000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt033001486
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07359354
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041521
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08644
IRS990/FeesForServicesOtherGrp/TotalAmt050165
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RICARDO ELIAS
IRS990/Form990PartVIISectionAGrp/PersonNm1KACEY GRANTHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHRYN BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm3SATHISH MUTHUKRISHAN
IRS990/Form990PartVIISectionAGrp/PersonNm4THADD JONES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt01575701
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01575701
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01575701
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt041564410
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt07252
IRS990/InsuranceGrp/TotalAmt07252
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt028450780
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION IS A NONPROFIT BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA BY PROVIDING RESOURCES FOR MOTIVATED YOUNG ADULTS TO GROW PERSONALLY AND PROFESSIONALLY IN A HIGHLY SUPPORTIVE ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01006611
IRS990/NetAssetsOrFundBalancesEOYAmt033594002
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0906611
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0592516
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt028450780
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0114073
IRS990/OccupancyGrp/TotalAmt0114073
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0208746
IRS990/OfficeExpensesGrp/ProgramServicesAmt0104
IRS990/OfficeExpensesGrp/TotalAmt0208850
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0237561
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt057554
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0334029
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0391583
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3RECRUITING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0101232
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt135785
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt220221
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34010
IRS990/OtherExpensesGrp/ProgramServicesAmt09143
IRS990/OtherExpensesGrp/ProgramServicesAmt122674
IRS990/OtherExpensesGrp/ProgramServicesAmt26800
IRS990/OtherExpensesGrp/ProgramServicesAmt31492
IRS990/OtherExpensesGrp/TotalAmt0110375
IRS990/OtherExpensesGrp/TotalAmt158459
IRS990/OtherExpensesGrp/TotalAmt227021
IRS990/OtherExpensesGrp/TotalAmt35502
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0237621
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0892956
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05182533
IRS990/OtherSalariesAndWagesGrp/TotalAmt06075489
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035260
IRS990/PayrollTaxesGrp/ProgramServicesAmt0204641
IRS990/PayrollTaxesGrp/TotalAmt0239901
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0397938
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0326636
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04934
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05296
IRS990/PrincipalOfficerNm0BEN BRAUN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0JOB TRAINING SPONSORSH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03675567
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03675567
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02296885
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0414275
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0253826
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0901020
IRS990/PYRevenuesLessExpensesAmt0-689502
IRS990/PYSalariesCompEmpBnftPaidAmt03219306
IRS990/PYTotalExpensesAmt03887407
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03197905
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt032662606
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03675567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037888843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02296885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02652046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0995745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0803985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt044637504
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05821845
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35340
IRS990ScheduleA/PublicSupportPY170Pct00.89410
IRS990ScheduleA/PublicSupportTotal170Amt015775131
IRS990ScheduleA/SubstantialContributorsTotAmt028862373
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt037888843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02296885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02652046
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0995745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0803985
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt044637504
IRS990ScheduleA/TotalSupportAmt044637504
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesUseFcltsAmt075215
IRS990ScheduleD/ExpensesNotReportedAmt075215
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08901804
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0237621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT-OF-USE LEASE LIABILITY
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt028450780
IRS990ScheduleD/OtherSecuritiesGrp/Desc0RED VENTURES HOLDCO LP COMMON STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt041564410
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WITH RESPECT TO ITS EXEMPT FUNCTION INCOME. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE AN ORGANIZATION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2020 AND DECEMBER 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt028450780
IRS990ScheduleD/TotalExpensesPerForm990Amt08901804
IRS990ScheduleD/TotalLiabilityAmt0237621
IRS990ScheduleD/TotalRevenuePerForm990Amt041564410
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt041564410
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08977019
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01575701
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION PAYMENTS
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0VALUE DATE OF TRANSFER
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt028450780
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS OBTAINED AUDITED FINANCIAL STATEMENTS, WHICH NECESSITATED SEVERAL CHANGES TO THE PREVIOUSLY FILED RETURN. THE AMENDMENTS ARE AS FOLLOWS: PART VIII - STATEMENT OF REVENUE: THE CONTRIBUTION OF SHARES HAS BEEN INCLUDED IN THE STATEMENT OF REVENUE. THIS ADJUSTMENT ENSURES THAT THE TOTAL REVENUE IS ACCURATELY REFLECTED. PART IX - STATEMENT OF FUNCTIONAL EXPENSES: FUNCTIONAL EXPENSES HAVE BEEN REALLOCATED BETWEEN PROGRAM EXPENSES AND MANAGEMENT AND GENERAL EXPENSES. PART X - BALANCE SHEET: INVESTMENTS HAVE BEEN INCLUDED IN THE BALANCE SHEET, AND THE ENDING NET ASSETS HAVE BEEN ACCURATELY REPORTED. SCHEDULE A, PART II, SECTION A: THIS SECTION HAS BEEN CHANGED TO REFLECT THE REVENUE REPORTED IN FORM 990. SCHEDUE B: REVISED TO REFLECT STOCK CONTRIBUTIONS RECEIVED BY THE ORGANIZATION AT THE END OF THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE YEAR, THE ORGANIZATION MERGED WITH GOLDEN DOOR SCHOLARS, A NORTH CAROLINA NONPROFIT ORGANIZATION AND BECAME THE SURVIVING CORPORATION OF THE MERGER. AS SUCH, THE ORGANIZATION ABSORBED THE CHARITABLE PURPOSES OF GOLDEN DOOR SCHOLARS. SEE PART III, LINE 4A FOR FURTHER INFORMATION ON THE GOLDEN DOOR SCHOLARS PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WITH ONE EXCEPTION, THE OFFICERS AND DIRECTORS LISTED ARE ALL RELATED TO EACH OTHER THROUGH PAST, WITHIN FIVE YEARS, OR PRESENT BUSINESS RELATIONSHIPS AT RED VENTURES, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT REVIEWS THE FORM 990 WITH THE TAX PREPARER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPLIANCE POLICIES ARE REVIEWED AND DISCUSSED BY THE BOARD IN BOARD MEETINGS AND OFFICERS AND MANAGEMENT PERIODICALLY REVIEW COMPLIANCE POLICIES AS WELL AS PART OF MONTHLY FINANCIAL AND OPERATIONAL REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WILL PROVIDE ITS FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OVERSIGHT AND SELECTION PROCESS IS UNCHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0AMENDED RETURN EXPLANATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01082574
IRS990/TotalAssetsEOYAmt033979423
IRS990/TotalAssetsGrp/BOYAmt01082574
IRS990/TotalAssetsGrp/EOYAmt033979423
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt037888843
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01542450
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07359354
IRS990/TotalFunctionalExpensesGrp/TotalAmt08901804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt075963
IRS990/TotalLiabilitiesEOYAmt0385421
IRS990/TotalLiabilitiesGrp/BOYAmt075963
IRS990/TotalLiabilitiesGrp/EOYAmt0385421
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01006611
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033594002
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt07359354
IRS990/TotalProgramServiceRevenueAmt03675567
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03675567
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt041564410
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01082574
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033979423
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt031092
IRS990/TravelGrp/ProgramServicesAmt06341
IRS990/TravelGrp/TotalAmt037433
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01423 RED VENTURES DRIVE
IRS990/USAddress/CityNm0FORT MILL
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029707
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0ROADTOHIRE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BEN BRAUN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum07046971131
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROAD2HIRE
ReturnHeader/Filer/BusinessNameControlTxt0ROAD
ReturnHeader/Filer/EIN0812262213
ReturnHeader/Filer/PhoneNum07046971131
ReturnHeader/Filer/USAddress/AddressLine1Txt01423 RED VENTURES DRIVE
ReturnHeader/Filer/USAddress/CityNm0FORT MILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029707
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 WEST TRADE STREET SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028202
ReturnHeader/PreparerPersonGrp/PhoneNum07049985200
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN NORMAN
ReturnHeader/ReturnTs02024-10-31T12:30:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings