NORTH CAROLINA TECHNOLOGY IN EDUCATION SOCIETY

EIN: 237348152 501(c)(3) Education

CARY, NC

Total Revenue
$768,557
Total Expenses
$739,225
Total Assets
$921,807
Net Assets
$921,807
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NC
Principal Officer
ANDREW SMITH
Phone
3362278885
Tax Period
2023-01-01 to 2023-12-31

NORTH CAROLINA TECHNOLOGY IN EDUCATION SOCIETY, founded in 1971, is a small nonprofit in the Education sector that reported $769K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $739K left a modest 4% surplus.

Mission

THE EDUCATION AND TRAINING OF TEACHING PROFESSIONALS IN THE USE OF TECHNOLOGY IN THE CLASSROOM, TO IMPROVE THEIR TEACHING AND COMMUNICATION SKILLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $760,616
Investment Income $7,941
Other Revenue $0
TOTAL REVENUE $768,557

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $690,673
Other Expenses $732,225
TOTAL EXPENSES $739,225

Year-over-Year Comparison

2023 2022 Change
Revenue $768,557 $538,999 +0.4%
Expenses $739,225 $549,136 +0.3%
Net Income $29,332 $-10,137 -3.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
22
Independent Members
22
Employees
N/A
Volunteers
46

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW SMITH PRESIDENT 4.00
Officer Director
$0 $0 $0
ERIN WOLFHOPE VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
AARON SLUTSKY TREASURER 10.00
Officer Director
$0 $0 $0
BRIAN WHITSON SECRETARY 2.00
Officer Director
$0 $0 $0
JEANNIE TIMKEN PAST PRESIDENT 3.00
Officer Director
$0 $0 $0
MEREDITH BATES DIRECTOR 2.00
Director
$0 $0 $0
SARAH CARDWELL DIRECTOR 2.00
Director
$0 $0 $0
LUCAS GILLISPIE DIRECTOR 2.00
Director
$0 $0 $0
AMBER GODFREY DIRECTOR 2.00
Director
$0 $0 $0
GRANT HAYNES DIRECTOR 2.00
Director
$0 $0 $0
MELANIE HONEYCUTT PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
GINGER JACKSON DIRECTOR 2.00
Director
$0 $0 $0
KIM JACKSON DIRECTOR 2.00
Director
$0 $0 $0
DANNIELLE LORD DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW MAYO DIRECTOR 2.00
Director
$0 $0 $0
ASHLEY MCBRIDE DIRECTOR 2.00
Director
$0 $0 $0
ALISON SCHLEEDE DIRECTOR 2.00
Director
$0 $0 $0
DELANDRUS SEALES DIRECTOR 2.00
Director
$0 $0 $0
SCOTT SMITH DIRECTOR 2.00
Director
$0 $0 $0
CHRIS SMITH DIRECTOR 2.00
Director
$0 $0 $0
HALEY STAMEY DIRECTOR 2.00
Director
$0 $0 $0
HEATHER EDMISTEN DIRECTOR 2.00
Director
$0 $0 $0
MARLO GADDIS DIRECTOR 2.00
Director
$0 $0 $0
ALLISON REID DIRECTOR 2.00
Director
$0 $0 $0
CONNIE WOLF DIRECTOR 2.00
Director
$0 $0 $0
WANDA HANLEY DIRECTOR 2.00
Director
$0 $0 $0
BRANDY MOODY DIRECTOR 2.00
Director
$0 $0 $0
ESTELLA JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $768,557 $739,225 $921,807 $29,332
2022 $538,999 $549,136 $892,475 $-10,137
2021 $228,799 $110,554 $902,612 $118,245
2020 $487,386 $599,070 $784,367 $-111,684
2019 $724,724 $588,611 $896,051 $136,113
2018 $639,510 $499,542 $759,938 $139,968
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