Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.12x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$100,991
No earlier filing loaded for comparison.
Net Assets
$89,052
No earlier filing loaded for comparison.
Liabilities
$11,939
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$100,000
No earlier filing loaded for comparison.
Expenses
$10,948
No earlier filing loaded for comparison.
Net Income
$89,052
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Feb 13, 2020 to Dec 31, 2020
- Signed
- May 27, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $100,000
Mission and Program Overview
Mission
The north carolina innovation corridor ("corridor") is a transformational public-private effort to build and expand on north carolina's tradition of engaged business leadership in addressing the realities of a dynamic global economy. The corridor will coordinate research university and private sector innovation assets. The initiative will support globally competitive industries, create more job opportunities across a wider geography (from greenville to winston-salem), and launch north carolina into the national and global job creation and innovation ranks, along with boston and silicon valley. The success of this vision requires a substantial infusion and dedication of public and private funding.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE CORRIDOR WILL DEVELOP AND FOSTER RELATIONSHIPS BETWEEN UNIVERSITY AND PRIVATE SECTOR RESEARCH UNITS AND WILL COORDINATE UNIVERSITY AND PRIVATE SECTOR INNOVATION ASSETS. | $0 | $10,723 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KIRK BRADLEY | President | - | $0 | - | - |
| JACK BAILEY | Vice President | - | $0 | - | - |
| NEAL FOWLER | Secretary/Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- North Carolina Innovation Corridor
- EIN
- 84-4902334
- Phone
- 9194247262
- Address
- 1101 HAYNES STREET NO 102, RALEIGH, NC 27604
Signing Officer
- Name
- Kirk Bradley
- Title
- President
- Phone
- 9194247262
- Signed
- 2021-05-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Steward Ingram & Cooper Pllc
- Address
- PO BOX 41168, RALEIGH, NC 27629
- Preparer
- Stephanie B Holt CPA
- Phone
- 9198720866
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 9. Description: computer expenses. Amount: 216. Description: marketing. Amount: 1,500. Total to form 990-ez, line 16: 1,725.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: other liabilities. Beg. Of year amount: 0. End of year amount: 11,939.”
Raw XML Appendix141 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9194247262 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1101 HAYNES STREET NO 102 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27604 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 100991 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 100000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 89052 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9223 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 100991 |
| IRS990EZ/GrossReceiptsAmt | 0 | 100000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NameChangeInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 89052 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 89052 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KIRK BRADLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JACK BAILEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | NEAL FOWLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1725 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE NORTH CAROLINA INNOVATION CORRIDOR ("CORRIDOR") IS A TRANSFORMATIONAL PUBLIC-PRIVATE EFFORT TO BUILD AND EXPAND ON NORTH CAROLINA'S TRADITION OF ENGAGED BUSINESS LEADERSHIP IN ADDRESSING THE REALITIES OF A DYNAMIC GLOBAL ECONOMY. THE CORRIDOR WILL COORDINATE RESEARCH UNIVERSITY AND PRIVATE SECTOR INNOVATION ASSETS. THE INITIATIVE WILL SUPPORT GLOBALLY COMPETITIVE INDUSTRIES, CREATE MORE JOB OPPORTUNITIES ACROSS A WIDER GEOGRAPHY (FROM GREENVILLE TO WINSTON-SALEM), AND LAUNCH NORTH CAROLINA INTO THE NATIONAL AND GLOBAL JOB CREATION AND INNOVATION RANKS, ALONG WITH BOSTON AND SILICON VALLEY. THE SUCCESS OF THIS VISION REQUIRES A SUBSTANTIAL INFUSION AND DEDICATION OF PUBLIC AND PRIVATE FUNDING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE CORRIDOR WILL DEVELOP AND FOSTER RELATIONSHIPS BETWEEN UNIVERSITY AND PRIVATE SECTOR RESEARCH UNITS AND WILL COORDINATE UNIVERSITY AND PRIVATE SECTOR INNOVATION ASSETS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 10723 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 11939 |
| 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 | 10948 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 10723 |
| IRS990EZ/TotalRevenueAmt | 0 | 100000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | 2020 WAS A SHORT YEAR BECAUSE IT WAS THE INITIAL YEAR OF THE ORGANIZATION. THE ORGANIZATION WAS INCORPORATED IN FEBRUARY 2020. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, SHORT YEAR EXPLANATION |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2000 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 98000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 100000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: BANK FEES. AMOUNT: 9. DESCRIPTION: COMPUTER EXPENSES. AMOUNT: 216. DESCRIPTION: MARKETING. AMOUNT: 1,500. TOTAL TO FORM 990-EZ, LINE 16: 1,725. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 11,939. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KIRK BRADLEY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9194247262 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NORTH CAROLINA INNOVATION CORRIDOR |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NORT |
| ReturnHeader/Filer/EIN | 0 | 844902334 |
| ReturnHeader/Filer/PhoneNum | 0 | 9194247262 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1101 HAYNES STREET NO 102 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27604 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 562195159 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | STEWARD INGRAM & COOPER PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 41168 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27629 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9198720866 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-05-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEPHANIE B HOLT CPA |
| ReturnHeader/ReturnTs | 0 | 2021-05-27T15:46:10-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KIRK |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BRADLEY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-02-13 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $100,991
- Liabilities
- $11,939
- Net assets
- $89,052
- Revenue
- $100,000
- Expenses
- $10,948
- Net income
- $89,052
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