Civic Intelligence

Carolina Fintech Hub

EIN 82-2880690 • 501(c)6 • Charlotte, NC

Profile

The Carolina Fintech Hub is a non-profit organization comprised of finance and technology leadership in the Carolinas region focused on fostering the advancement of financial technology and talent in the region.

3320 Sharon RdCharlotte, NC 28211

www.carolinafintechhub.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S41 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE S41 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-32%

Higher net margin than 14% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$250,000

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 90.1% of source-year revenue.

NTEE S41 • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-85%

Faster asset growth than 3% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-74%

Faster revenue growth than 6% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$15,200

Down $88,123 (-85%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$15,200

Down $88,123 (-85%) from 2022

Operations
Liabilities / Revenue56th percentileNet Margin14th percentile

Revenue

Down

$277,388

Down $805,214 (-74%) from 2022

Expenses

Down

$365,511

Down $1,476,599 (-80%) from 2022

Net Income

Up

-$88,123

Up $671,385 (+88%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

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

$1.0M$500K$0Assets 2017: $478,623Liabilities 2017: $0Net Assets 2017: $478,6232017Assets 2018: $813,237Liabilities 2018: $0Net Assets 2018: $813,2372018Assets 2019: $503,011Liabilities 2019: $0Net Assets 2019: $503,0112019Assets 2020: $826,759Liabilities 2020: $0Net Assets 2020: $826,7592020Assets 2021: $895,448Liabilities 2021: $32,617Net Assets 2021: $862,8312021Assets 2022: $103,323Liabilities 2022: $0Net Assets 2022: $103,3232022Assets 2023: $15,200Liabilities 2023: $0Net Assets 2023: $15,2002023

Highlighted filing

2023

Assets$15,200
Liabilities$0
Net Assets$15,200
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2017: $520,100Expenses 2017: $41,477Net Income 2017: $478,6232017Revenue 2018: $955,100Expenses 2018: $620,486Net Income 2018: $334,6142018Revenue 2019: $910,000Expenses 2019: $1,220,226Net Income 2019: -$310,2262019Revenue 2020: $1,427,921Expenses 2020: $1,104,173Net Income 2020: $323,7482020Revenue 2021: $1,537,414Expenses 2021: $1,501,342Net Income 2021: $36,0722021Revenue 2022: $1,082,602Expenses 2022: $1,842,110Net Income 2022: -$759,5082022Revenue 2023: $277,388Expenses 2023: $365,511Net Income 2023: -$88,1232023

Highlighted filing

2023

Revenue$277,388
Expenses$365,511
Net Income-$88,123
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,200
Liabilities
$0
Net assets
$15,200
Revenue
$277,388
Expenses
$365,511
Net income
-$88,123
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.28$0.37$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.08$1.84$0.76
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.03$0.86$1.54$1.50$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$1.43$1.10$0.32
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.91$1.22$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.96$0.62$0.33
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.52$0.04$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.1
Gross Receipts
$277,388
Mission and Program Overview

Mission

The Carolina Fintech Hub is a non-profit organization comprised of finance and technology leadership in the Carolinas region focused on fostering the advancement of financial technology and talent in the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,323$15,200▼ $88,123
Rtn Earn Endowment Incm Other Fnds$103,323$15,200▼ $88,123
Total Assets$103,323$15,200▼ $88,123
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$103,323$15,200▼ $88,123
Total Liabilities and Net Assets / Fund Balance$103,323$15,200▼ $88,123
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tariq BokhariPresidentFT$250,000$250,000

Board Members and Trustees

NameTitle
David MatthewsDirector
Steve BoehmDirector
Vas KodaliDirector
John StoutengerSecretary and Director
Michael WallaceTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$277,388
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$277,388
Change in Net Assets
$-88,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$264,153
Other Expenses$101,358
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$250,000--$250,000
Fees for Services Other$77,648$1,659-$79,307
Payroll Taxes$14,153--$14,153
Office Expenses-$9,032-$9,032
Travel-$7,795-$7,795
Fees for Services Legal-$1,895-$1,895
Advertising-$1,000-$1,000
Insurance-$266-$266
Other Expenses-$59-$59
Total Functional Expenses$341,801$23,710$0$365,511
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Committee meeting documentation Part VI line 8B

“The Organization convenes committees on an as needed basis which are documented with notes.”

Form 990 governing body review Part VI line 11

“The Form 990 is reviewed by the officers and Board of Directors.”

CEO executive director top management comp Part VI line 15A

“Upon consideration of any compensation increases at the executive level, the Board of Directors evaluates compensation by consulting with corporate internal HR resources to do comparisons of the Organizations intended salary for the president versus the job market.”

Governing documents etc available to public Part VI line 19

“The governing documents, conflict of interest policy, and Form 990 are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Carolina Fintech Hub
EIN
82-2880690
Address
3320 SHARON RD, CHARLOTTE, NC 28211

Signing Officer

Name
Tariq Bokhari
Title
President
Phone
7046048610
Signed
2024-11-04
Discuss with paid preparer
No

Organization Details

Principal Officer
Tariq Bokhari
Formed
2017
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
5
Employees
1

Preparer

Firm
Edward P Cooper CPA Pc
Address
PO BOX 470741, CHARLOTTE, NC 28247
Preparer
Edward P Cooper CPA
Phone
7045411363
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Contractors Program services 77,648Payroll Services Management 1,659”

General explanation attachment

“Contributions not deductible as charitable contributions (Part V, line 6b)Contributions are from large corporate donors that are aware and informed that Carolina Fintech Hub is a 501(c)6 organization, and therefore contributions are not deductible as charitable contributions. Donations may be deductible as trade or business expenses if ordinary and necessary in the conduct of the taxpayers business.”

Raw XML Appendix302 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Carolina Fintech Hub is a non-profit organization comprised of finance and technology leadership in the Carolinas region focused on fostering the advancement of financial technology and talent in the region.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01000
IRS990/AdvertisingGrp/TotalAmt01000
IRS990/AllOtherContributionsAmt0277388
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL BRADLEY WALLACE
IRS990/BooksInCareOfDetail/PhoneNum07046048610
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0215 TRANQUIL AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028209
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0103323
IRS990/CashNonInterestBearingGrp/EOYAmt015200
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0250000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0250000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0277388
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0101358
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-88123
IRS990/CYSalariesCompEmpBnftPaidAmt0264153
IRS990/CYTotalExpensesAmt0365511
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0277388
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Talent Development - Through outreach, hackathons, meetups, conferences, and fintech pitch days, Carolina Fintech Hub (the Organization) is creating additional pipelines of talent to augment todays traditional hiring approaches. Our goal is to place exceptional candidates from diverse backgrounds into open positions, and ultimately retain the best talent in the Carolinas.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0170417
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01895
IRS990/FeesForServicesLegalGrp/TotalAmt01895
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01659
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt077648
IRS990/FeesForServicesOtherGrp/TotalAmt079307
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt38.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt48.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt58.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Tariq Bokhari
IRS990/Form990PartVIISectionAGrp/PersonNm1David Matthews
IRS990/Form990PartVIISectionAGrp/PersonNm2Vas Kodali
IRS990/Form990PartVIISectionAGrp/PersonNm3Steve Boehm
IRS990/Form990PartVIISectionAGrp/PersonNm4Michael Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm5John Stoutenger
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0250000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer and Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary and Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0277388
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0266
IRS990/InsuranceGrp/TotalAmt0266
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Carolina Fintech Hub is a non-profit organization comprised of finance and technology leadership in the Carolinas region focused on fostering the advancement of financial technology and talent in the region.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0103323
IRS990/NetAssetsOrFundBalancesEOYAmt015200
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09032
IRS990/OfficeExpensesGrp/TotalAmt09032
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Meals and entertainment
IRS990/OtherExpensesGrp/Desc1Other business expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02004
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt159
IRS990/OtherExpensesGrp/TotalAmt02004
IRS990/OtherExpensesGrp/TotalAmt159
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt014153
IRS990/PayrollTaxesGrp/TotalAmt014153
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Tariq Bokhari
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Outreach - Connecting the Fintech ecosystem through networking events, conferences, monthly meetings, and other communication channels.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt085692
IRS990/ProgSrvcAccomActy3Grp/Desc0Innovation - Progressing innovation by sourcing a pipeline of innovation for recruitment, incubation and dealmaking.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt085692
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01082602
IRS990/PYOtherExpensesAmt0613790
IRS990/PYRevenuesLessExpensesAmt0-759508
IRS990/PYSalariesCompEmpBnftPaidAmt01228320
IRS990/PYTotalExpensesAmt01842110
IRS990/PYTotalRevenueAmt01082602
IRS990/ReconcilationRevenueExpnssAmt0-88123
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0103323
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt015200
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/ScheduleBRequiredInd0true
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0250000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Tariq Bokhari
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0250000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization convenes committees on an as needed basis which are documented with notes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is reviewed by the officers and Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon consideration of any compensation increases at the executive level, the Board of Directors evaluates compensation by consulting with corporate internal HR resources to do comparisons of the Organizations intended salary for the president versus the job market.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflict of interest policy, and Form 990 are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors Program services 77,648Payroll Services Management 1,659
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Contributions not deductible as charitable contributions (Part V, line 6b)Contributions are from large corporate donors that are aware and informed that Carolina Fintech Hub is a 501(c)6 organization, and therefore contributions are not deductible as charitable contributions. Donations may be deductible as trade or business expenses if ordinary and necessary in the conduct of the taxpayers business.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0103323
IRS990/TotalAssetsEOYAmt015200
IRS990/TotalAssetsGrp/BOYAmt0103323
IRS990/TotalAssetsGrp/EOYAmt015200
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0277388
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023710
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0341801
IRS990/TotalFunctionalExpensesGrp/TotalAmt0365511
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0103323
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015200
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0341801
IRS990/TotalReportableCompFromOrgAmt0250000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0277388
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0103323
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015200
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07795
IRS990/TravelGrp/TotalAmt07795
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.carolinafintechhub.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Tariq Bokhari
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07046048610
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAROLINA FINTECH HUB
ReturnHeader/Filer/BusinessNameControlTxt0CARO
ReturnHeader/Filer/EIN0822880690
ReturnHeader/Filer/USAddress/AddressLine1Txt03320 SHARON RD
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028211
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD P COOPER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 470741
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028247
ReturnHeader/PreparerPersonGrp/PhoneNum07045411363
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD P COOPER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-06T01:35:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.