Research Triangle Cleantech Cluster EIN 83-0908715

Research Triangle Cleantech Cluster

EIN  83-0908715 Business league / trade association Carrboro, NC Founded 2018
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Size
$100K–1M
What they do
Accelerates cleantech innovation and adoption in the Research Triangle region and beyond.
Leadership
Deborah Wojcik · Executive Dir. · $102K
Money in and out
$303K revenue, $350K expenses
Bottom line
-16% operating surplus

Accelerates cleantech innovation and adoption in the Research Triangle region and beyond. For fiscal year 2024 it reported $303K in revenue, $350K in expenses, and $-48K in net assets.Pt I

Membership & operating revenue · FY2024
Total revenue
$303K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$47K
Where spending went · Part IX cols B–D
Management & general $1.00
Operating surplus
-16%
revenue over expenses▲ +86% vs prior filing year
Earned revenue
5%
of revenue from program services & dues▼ -45% vs prior filing year
Payroll share
85%
of spending is salaries & benefits0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$303K
FY2024▲ +38%
Expenses
$350K
FY2024▼ -26%
Total assets
$7K
FY2024▼ -88%
Total liabilities
$54K
FY20240%
Total revenue
$303K
Pt VIII · Ln 12
Total expenses
$350K
Pt IX · Ln 25
Net assets
$-48K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$47K
Total assetsPt X · Ln 16$7K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Research triangle cleantech cluster's mission is to accelerate cleantech innovation and adoption in the research triangle region and beyond. The organization's program of work, developed with its members and partners, seeks to extend and highlight north carolina's cleantech strengths, create channels of collaboration, and nurture…

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CResearch Triangle Cleantech Cluster
EINHdr · item D83-0908715
Principal addressHdr · item CCarrboro, NC
WebsiteHdr · item Jresearchtrianglecleantech.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFSep 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$101,958Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Deborah Wojcik’s $102K as Executive Dir. is at the 74th percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Deborah Wojick$119,102$133,976
Deborah Wojcik$101,958
Susan Sanford$96,873$95,708
Emmitt Owens$95,222$68,244
Deborah Wojcik$45,833

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$287K · 95%
Program service revenue$16K · 5%
Contributions & grants95%$287K
Program service revenue5%$16K
Total revenueLn 12$303K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$350K
Total functional expensesLn 25$350K

Balance Sheet

Part X · end of year
CashLn 1$7K
Total assetsLn 16$7K
Total liabilitiesLn 26$54K
Total net assetsLn 32$-48K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7K · Operating expenses/yr $350K
0.2 months
Where the money goes
Program services
Program services $0 · Total expenses $350K
0%
Management & General
Management & general $350K · Total expenses $350K
100%
Fundraising
Fundraising $0 · Total expenses $350K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $257K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $287K · Total revenue $303K
95%
Government reliance
Government grants — · Total revenue $303K
Earned-income share
Program service revenue $16K · Total revenue $303K
5%
Investment reliance
Investment income $0 · Total revenue $303K
0%
Program self-sufficiency
Program service revenue $16K · Total expenses $350K
4%
Growth & trend
Revenue growth (YoY)
This year $303K · Prior year $219K
+38%
Revenue CAGR
FY2019 $469K · FY2024 $303K
-8%
Net-asset trend (YoY)
End of year $-48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $303K · Expenses $350K
-16%
Liabilities-to-Assets
Total liabilities — · Total assets $7K
Net-asset ratio
Net assets $-48K · Total assets $7K
-729%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $7K
0%
People & payroll
Highest Reported Total Compensation
Individual Deborah Wojcik · Reported title Executive Dir. · Highest reported compensation $102K · Total expenses $350K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $297K · Total expenses $350K
85%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Revenue growth 38%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Nc IdeaFY2023$2K
Total grants receivedfrom 1 funder$2K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$219K revenue · ⤓ 990 PDF
FY2023$293K revenue · ⤓ 990 PDF
FY2022$359K revenue · ⤓ 990 PDF
FY2021$292K revenue · ⤓ 990 PDF
FY2020$469K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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