2026-05-11T14:53:01-05:00 2025-06-30 561965804 THOMAS JUDY & TUCKER PA 4700 FALLS OF NEUSE ROAD STE 400 RALEIGH NC 27609 990 2024-07-01 463120883 THE INNOVATION PROJECT INNO 9846645411 111 BAIN STREET SUITE 349 GREENSBORO NC 27406 DR SHARON CONTRERAS CEO 7705000547 2026-05-11 1 0 MICHAEL A SHUSKO CPA P01314870 9195717055 2026-04-30 2024 2025-03-06 01:10:19Z DR SHARON CONTRERAS 111 BAIN STREET SUITE 349 GREENSBORO NC 27406 5928960 0 X WWW.TIPNC.ORG X 2013 NC THE INNOVATION PROJECT IS A COLLABORATIVE OF FORWARD-THINKING EDUCATION LEADERS UNLEASHING STUDENT POTENTIAL AND SHAPING THE FUTURE OF LEARNING. MEMBERS INCLUDE PUBLIC SCHOOL DISTRICTS ACROSS NC THAT VARY IN SIZE, GEOGRAPHY AND DEMOGRAPHICS AND ARE COMMITTED TO IMPLEMENTING PIONEERING INNOVATIONS TO IMPROVE STUDENT OUTCOMES. 8 8 16 8 0 0 8226085 5394508 597011 520136 18151 9650 306142 4666 9147389 5928960 0 0 0 0 1853554 1287606 0 0 101482 6942526 5356217 8796080 6643823 351309 -714863 3564608 968410 2044687 163352 1519921 805058 X THE INNOVATION PROJECT IS A COLLABORATIVE OF FORWARD-THINKING EDUCATION LEADERS UNLEASHING STUDENT POTENTIAL AND SHAPING THE FUTURE OF LEARNING. MEMBERS INCLUDE PUBLIC SCHOOL DISTRICTS ACROSS NC THAT VARY IN SIZE, GEOGRAPHY AND DEMOGRAPHICS AND ARE COMMITTED TO IMPLEMENTING PIONEERING INNOVATIONS TO IMPROVE STUDENT OUTCOMES 0 0 6202754 524802 ACCOMPLISHMENTS OVER THE YEAR INCLUDE CONTINUING TO SUPPORT MEMBER DISTRICTS IN THE TRANSFORMATION OF SYSTEMS AND OPERATIONS TO BETTER SERVE STUDENTS AND INCREASE TEACHER QUALITY. SUCCESSFUL PROGRAMS AND INITIATIVES FOCUSED ON STRATEGIC STAFFING AND NEW TEAM MODELS, TEACHER APPRENTICESHIPS, INNOVATIVE PERFORMANCE-BASED COMPENSATION FOR EDUCATORS, HIGH IMPACT TUTORING, AND PIONEERING NEW LEARNING ENVIRONMENTS. 6202754 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 37 0 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X X TJT 9198004937 4700 FALLS OF NEUSE ROAD STE 400 RALEIGH NC 27609 DR AARON WOODY CHAIR 2.00 X X 0 0 0 DR CRYSTAL HILL VICE CHAIR 2.00 X X 0 0 0 DR KEITH PARKER TREASURER 2.00 X X 0 0 0 DR KAREN ROSEBORO BOARD MEMBER 1.00 X 0 0 0 DR RODNEY TRICE BOARD MEMBER 1.00 X 0 0 0 DR JESSE PRATT BOARD MEMBER 1.00 X 0 0 0 DR JAMIE KING BOARD MEMBER 1.00 X 0 0 0 DR ROBERT TAYLOR BOARD MEMBER 1.00 X 0 0 0 DR SHARON CONTRERAS CEO 40.00 X 287630 0 48127 MR JOE ABLEIDNGER EXECUTIVE DIRECTOR 40.00 X 191680 0 20490 WINSTON MCGREGOR COO 40.00 X 163304 0 32227 DR BLAKE WIGGS DIRECTOR OF STRATEGIC INIA 40.00 X 125254 0 22723 DR KIMBERLY BLACKBURN MORRSION SUPERINTENDENT IN RESIDENCE 40.00 X 100269 0 9724 868137 0 133291 5 0 1 0 INSIGHT EDUCATION GROUP PO BOX 18217 PALATINE IL 60055 TRAINING AND OPERATIONAL SUPPORT 1352167 BETTER PEOPLE LLC 10 E NORTH AVENUE SUITE 5 BALTIMORE MD 21202 HR COACHING AND STRATEGY 304998 MIDDLE LLC 3223 CASTERA AVENUE GLENDALE CA 91208 TRAINING AND TALENT EVALUATION 280200 SETSER GROUP COLLECTIVE LLC 4 SAN MARCOS DRIVE DURHAM NC 27703 EXECUTIVE SUPPORT AND CTO SERVICE 116500 4 4999812 394696 5394508 MEMBERSHIP DUES 713990 520136 520136 520136 9650 9650 OTHER INCOME 812900 4666 4666 4666 5928960 524802 0 9650 X 642059 585026 24500 32533 464496 431205 10330 22961 42120 40360 546 1214 69939 41559 21382 6998 68992 65007 920 3065 175205 22220 152985 2234487 2181923 52564 7154 2834 4320 10010 328 9682 20893 2884 18009 102236 57114 10411 34711 157012 152293 4719 3032 3032 1245 1245 DISTRICT REIMBURSEMENTS 2538867 2538867 EQUIPMENT AND SUPPLIES 47263 38366 8897 SPARK NC TRANSITION 25126 20396 4730 OTHER 24896 20209 4687 8791 2163 6628 6643823 6202754 339587 101482 X 1355636 224627 518512 581935 1565576 120851 117165 33476 15396 7875 7719 7521 3564608 968410 2042687 63522 2000 99830 2044687 163352 X 1297257 740168 222664 64890 1519921 805058 3564608 968410 -714863 0 X X 0 1 X 1 0 X 221327 946672 3106398 8226085 5394508 17894990 304974 417621 433837 597011 520136 2273579 526301 1364293 3540235 8823096 5914644 20168569 0 156406 326458 126733 1452888 316303 2378788 156406 326458 126733 1452888 316303 2378788 17789781 3374 1914 8613 18151 9650 41702 3374 1914 8613 18151 9650 41702 60940 100 306142 4666 371848 529675 1427147 3548948 9147389 5928960 20582119 0.86430 0.80610 0.00200 0.00220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15396 7875 7521 7521 X 5928960 0 5928960 0 5928960 6643823 0 6643823 0 6643823 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 287630 0 0 0 0 0 28900 0 19227 0 335757 0 0 0 MR JOE ABLEIDNGER EXECUTIVE DIRECTOR 191680 0 0 0 0 0 19000 0 1490 0 212170 0 0 0 WINSTON MCGREGOR COO 163304 0 0 0 0 0 16000 0 16227 0 195531 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 1,359. MANAGEMENT AND GENERAL EXPENSES 315. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,674. CONTRACTORS: PROGRAM SERVICE EXPENSES 2,180,564. MANAGEMENT AND GENERAL EXPENSES 52,249. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,232,813. 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.