North Carolina Information Innovation Fund Inc

EIN: 932243254 Public & Societal Benefit

Raleigh, NC

Total Revenue
$292,500
Total Expenses
$250,700
Total Assets
$195,230
Net Assets
$41,800
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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
2023
Legal Domicile
NC
Principal Officer
Andrew Heath
Phone
9196275855
Tax Period
2023-07-13 to 2023-12-31

North Carolina Information Innovation Fund Inc, founded in 2023, is a small nonprofit in the Public & Societal Benefit sector that reported $292K in total revenue in fiscal year 2023. Expenses of $251K left a modest 14% surplus.

Mission

The North Carolina Information Innovation Fund NCIIF will educate the residents of North Carolina on civic duty and election related matters, including the importance of voting in elections, national policies impacting North Carolina, how to better engage in issue-based dialogues with their elected officials, and will undertake related research.

Program Service Accomplishments

Program 1
Expenses: $235,946

NCIIF performed extensive research to determine the priorities of critical demographic groups residing in the state and how the public views the overall effectiveness of their elected leaders in...

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NCIIF performed extensive research to determine the priorities of critical demographic groups residing in the state and how the public views the overall effectiveness of their elected leaders in meeting those priorties.

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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 $292,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $292,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,500
Program Expenses $235,946
Other Expenses $250,700
TOTAL EXPENSES $250,700

Year-over-Year Comparison

2023 2022 Change
Revenue $292,500 N/A N/A
Expenses $250,700 N/A N/A
Net Income $41,800 N/A N/A
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
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ted Lehman Chair 001.00
Officer Director
$0 $0 $0
Dave Boyer Member 000.50
Director
$0 $0 $0
Grant Brooks Member 000.50
Director
$0 $0 $0
John Cooper Member 000.50
Director
$0 $0 $0
Tyler Denton Memebr 000.50
Director
$0 $0 $0
John Harris Member 000.50
Director
$0 $0 $0
Andrew Heath Member 000.50
Director
$0 $0 $0
Nick Magallanes Member 000.50
Director
$0 $0 $0
Katherine Knight Member 001.00
Officer 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 No data No data No data No data
2024 No data No data No data No data
2023 $292,500 $250,700 $195,230 $41,800
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