THE NATIONAL CENTER FOR INNOVATION AND EXCELLENCE INC

EIN: 461471335 501(c)(3) Arts, Culture & Humanities

ROCKLEDGE, FL

Total Revenue
$845,390
Total Expenses
$1,074,881
Total Assets
$192,223
Net Assets
$-429,687
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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
2012
Legal Domicile
FL
Principal Officer
PHILIP J SCARPELLI
Phone
3217524651
Tax Period
2024-07-01 to 2025-06-30

THE NATIONAL CENTER FOR INNOVATION AND EXCELLENCE INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $845K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 27% operating deficit.

Mission

THE NATIONAL CENTER FOR INNOVATION AND EXCELLENCE IS A DYNAMIC COMMUNITY DEDICATED TO IMPROVING THE LIVES OF OTHERS BY WORKING WITH ORGANIZATIONS, FOUNDATIONS, GOVERNMENTS, AND COMMUNITIES TO DESIGN, IMPLEMENT, AND TEST OUTCOMES FOR LARGE SCALE YOUTH DEVELOPMENT STRATEGIES AND COMMUNITY CHANGE INITIATIVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $434,108
Program Service Revenue $0
Investment Income $0
Other Revenue $411,282
TOTAL REVENUE $845,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $552,331
Fundraising Expenses $0
Program Expenses $477,375
Other Expenses $522,550
TOTAL EXPENSES $1,074,881

Year-over-Year Comparison

2024 2023 Change
Revenue $845,390 $588,894 +0.4%
Expenses $1,074,881 $798,607 +0.3%
Net Income $-229,491 $-209,713 +0.1%
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
7
Independent Members
7
Employees
7
Volunteers
7

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
$597,894
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP J SCARPELLI PRESIDENT & 1.00
Officer
$0 $0 $273,497
VALERIE HOLMES VP OF OPERAT 1.00
Officer
$0 $0 $180,382
DONALD JOHNSON CFO 1.00
Officer
$0 $0 $144,015
ERIC AUSTIN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MERTON L CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID R HILL BOARD TREASU 1.00
Officer Director
$0 $0 $0
KRISTEN JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE LARKIN BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER MUNTZ BOARD SECRET 1.00
Officer Director
$0 $0 $0
FELICIA PRINCE BOARD MEMBER 1.00
Director
$0 $0 $0
DAN RODGERS EMERITUS BOA 1.00
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
2025 $845,390 $1,074,881 $192,223 $-229,491
2024 No data No data No data No data
2023 $649,743 $782,059 $529,984 $-132,316
2022 $820,000 $759,853 $546,054 $60,147
2021 $476,525 $248,480 $383,512 $228,045
2020 $209,195 $231,087 $72,143 $-21,892
2019 $95,772 $155,263 $86,084 $-59,491
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