2025-05-14T09:40:23-05:00 2024-06-30 561965804 THOMAS JUDY & TUCKER PA 4700 FALLS OF NEUSE ROAD STE 400 RALEIGH NC 27609 990 2023-07-01 463120883 THE INNOVATION PROJECT INNO 9846645411 111 BAIN STREET SUITE 320 GREENSBORO NC 27406 DR SHARON CONTRERAS CEO 7705000547 2025-05-14 1 0 MICHAEL A SHUSKO CPA P01314870 9195717055 2025-05-07 2023 2025-03-06 01:10:19Z X DR SHARON CONTRERAS 111 BAIN STREET SUITE 320 GREENSBORO NC 27406 9147389 0 X WWW.TIPNC.ORG X 2013 NC A COLLABORATIVE OF FORWARD THINKING PUBLIC EDUCATION LEADERS AND NC SCHOOL DISTRICTS ADDRESSING MODERN DAY CHALLENGES IN LEARNING THROUGH INNOVATION AND COLLABORATIVE PARTNERSHIPS. 5 5 10 5 0 0 3106398 8226085 433837 597011 8613 18151 100 306142 3548948 9147389 0 0 0 0 1309134 1853554 0 0 43545 2513824 6942526 3822958 8796080 -274010 351309 2850535 3564608 1681923 2044687 1168612 1519921 A COLLABORATIVE OF FORWARD THINKING PUBLIC EDUCATION LEADERS AND NC SCHOOL DISTRICTS ADDRESSING MODERN DAY CHALLENGES IN LEARNING THROUGH INNOVATION AND COLLABORATIVE PARTNERSHIPS. 0 0 8174008 903153 ACCOMPLISHMENTS THROUGHOUT THE YEAR FOCUSED ON SUPPORTING MEMBERS IN TRANSFORMING DISTRICT SYSTEMS AND OPERATIONS TO BETTER SERVE STUDENTS AND INCREASE TEACHER QUALITY. THIS INCLUDED LEVERAGING GRANT FUNDING TO: OPERATE PROFESSIONAL LEARNING COMMUNITIES FOR SUPERINTENDENTS AND INNOVATIONS LEADS; WORK WITH DISTRICTS TO DEVELOP NEW PRACTICES AND COMPENSATION STRUCTURES TO EXTEND THE REACH OF THEIR BEST TEACHERS; EXPAND HIGH-DOSAGE TUTORING; AND PROVIDE PROGRAMMING TO DISTRICTS AND STUDENTS THROUGH OUR SPARKNC INITIATIVE, WHICH WE SPUN OFF INTO A NEW NON-PROFIT TO SCALE THE PROGRAM STATEWIDE. 8174008 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X X DR SHARON CONTRERAS 9846645411 111 BAIN STREET SUITE 320 GREENSBORO NC 27406 DR NYAH HAMLETT BOARD MEMBER 1.00 X 0 0 0 DR KEITH PARKER BOARD MEMBER 2.00 X 0 0 0 DR AARON WOODY TREASURER 1.00 X X 0 0 0 MRS TRICIA MCMANUS VICE CHAIR 2.00 X X 0 0 0 DR MARVIN CONNELLY BOARD CHAIR 2.00 X X 0 0 0 DR SHARON CONTRERAS CEO 40.00 X 258475 0 43360 MR JOE ABLEIDNGER EXECUTIVE DIRECTOR 40.00 X 191680 0 40538 WINSTON MCGREGOR COO 40.00 X 26947 0 3805 DANA BRINSON SENIOR DIRECTOR 40.00 X 169238 0 26639 PATRICIA HILLIARD SENIOR DIRECTOR 40.00 X 142300 0 24437 BLAKE WIGGS DIRECTOR OF STRATEGIC INIATIVES 40.00 X 123655 0 21363 AMIE CAUDLE CREATIVE DIRECTOR 40.00 X 105780 0 10777 1018075 0 170919 6 0 1 0 0 6340309 1885776 8226085 MEMBERSHIP DUES 713990 597011 597011 597011 18151 18151 GRANT MANAGEMENT FEES 812900 267702 267702 COMMUNICATIONS 812900 30000 30000 OTHER INCOME 812900 8440 8440 306142 9147389 903153 0 18151 X 671657 565724 98518 7415 902251 759500 132758 9993 88963 75426 12590 947 85957 72224 12772 961 104726 92814 11078 834 100247 19060 75504 5683 5109054 4971091 128305 9658 60596 27384 30887 2325 11152 4963 5756 433 17303 15650 1537 116 137858 82424 51554 3880 2464 2292 172 1296 1205 91 DISTRICT REIMBURSEMENTS 1184545 1184545 STEM EQUIPMENT 195347 195347 OTHER 117608 107743 9174 691 WORKERS COMPENSATION 4547 4229 318 509 113 368 28 8796080 8174008 578527 43545 X 412457 1355636 1546211 518512 866799 1565576 17803 117165 12562 4843 7265 7719 2850535 3564608 1596295 2042687 85628 2000 1681923 2044687 X 988216 1297257 180396 222664 1168612 1519921 2850535 3564608 351309 0 X X 0 1 X 1 0 X 628020 221327 946672 3106398 8226085 13128502 472885 304974 417621 433837 597011 2226328 1100905 526301 1364293 3540235 8823096 15354830 0 591559 156406 326458 126733 1452888 2654044 591559 156406 326458 126733 1452888 2654044 12700786 2656 3374 1914 8613 18151 34708 2656 3374 1914 8613 18151 34708 60940 100 306142 367182 1103561 529675 1427147 3548948 9147389 15756720 0.80610 0.80350 0.00220 0.00220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12562 4843 7719 7719 X 9147389 0 9147389 0 9147389 8796080 0 8796080 0 8796080 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES, AND ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED FOR THE ORGANIZATION IN THE ACCOMPANYING FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 0 0 DR SHARON CONTRERAS CEO 258475 0 0 0 0 0 25975 0 17385 0 301835 0 0 0 MR JOE ABLEIDNGER EXECUTIVE DIRECTOR 191680 0 0 0 0 0 39000 0 1538 0 232218 0 0 0 DANA BRINSON SENIOR DIRECTOR 169238 0 0 0 0 0 16756 0 9883 0 195877 0 0 0 PATRICIA HILLIARD SENIOR DIRECTOR 142300 0 0 0 0 0 14217 0 10220 0 166737 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS CONSIDERS AND ANNUALLY BENCHMARKS AGAINST OTHER NON PROFIT LEADERS AND SUPERINTENDENTS IN ESTABLISHING THE COMPENSATION OF THE CEO, WHICH IS THEN APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ACCOUNTING FIRM SUBMITS A DRAFT TAX RETURN TO THE BOARD, WHO REVIEW THE DRAFT AND PREPARE COMMENTS AND QUESTIONS FOR THE FIRM. AFTER COMMENTS AND QUESTIONS ARE ANSWERED AND RESOLVED, THE RETURN IS FINALIZED BY THE ACCOUNTING FIRM. A COPY IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENTS, AND QUESTIONS. THE BOARD APPROVES THE FINAL FORM 990 WHICH IS THEN SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT/CEO DEVELOPS THE DRAFT BOARD AGENDA AND PROVIDES SUMMARY EXPLANATIONS IN THE POSTED AGENDA. THIS PROVIDES THE OPPORTUNITY TO IDENTIFY POTENTIAL CONFLICT OF INTERESTS OF BOARD MEMBERS AND TO INCLUDE IT IN THE WRITTEN REMARKS. NO CONFLICTS OF INTERESTS OR APPEARANCE OF COI WERE FOUND IN THIS REPORTING PERIOD. THE BOARD HAS IN PLACE VOTING PROCESSES TO PROVIDE FOR A MEMBER TO EXCUSE HIM/HERSELF FROM VOTING IF THERE IS ANY CONCERN ABOUT APPEARANCE/OR ACTUAL CONFLICT OF INTEREST. THE BOARD APPROVES THE BUDGET WHICH INCLUDES THE LISTING OF CONTRACTORS AND SERVICES. THIS WOULD PROVIDE THE MEANS OF IDENTIFYING ANY APPROPRIATION OF FUNDS TO A BOARD MEMBER. THIS HAS NOT OCCURRED IN THE REPORTING PERIOD. THE BYLAWS PROVIDE FOR THE FUNCTION OF THE EXECUTIVE COMMITTEE WITH MINUTES TO THE BOARD. THIS IS ESTABLISHED TO ENSURE OPEN, TRANSPARENT ACTIONS OF THE BOARD AND ITS COMMITTEES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ANNUALLY BENCHMARK AND APPROVE THE CHIEF EXECUTIVE OFFICERS COMPENSATION USING COMPARABLE MARKET DATA FROM OTHER SIMILAR EXEMPT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST AND ON GUIDESTAR. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 1,604. MANAGEMENT AND GENERAL EXPENSES 828. FUNDRAISING EXPENSES 63. TOTAL EXPENSES 2,495. CONTRACTORS: PROGRAM SERVICE EXPENSES 4,969,487. MANAGEMENT AND GENERAL EXPENSES 127,477. FUNDRAISING EXPENSES 9,595. TOTAL EXPENSES 5,106,559. FORM 990, PART X, LINE 1 NON-INTEREST BEARING FUNDS BALANCE INCLUDE GRANTS RECEIVED AND ALLOCATED BUT YET TO BE EXPENSED FOR PROGRAM. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.