NC Techpaths INC FY2022 filing

Wilkesboro, NCUnknown exempt organization EIN 87-2625452Revenue $805K in FY2022Latest return filed Jun 26, 2025

On file with the IRSnctechpaths.orgWilkesboro, NC

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NC Tech Paths is a non-profit dedicated to helping our rural neighbors gain access to technology jobs and remain in their home region. Our vision is to establish Northwest North Carolina, with Wilkes County at its epicenter, as a nationally recognized hub for rural tech workers.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-2625452) · Dispute this line
81¢ of each $1 spent went to programs.
$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $0 a year · 0% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
81%
of spending
81% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$14K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
24.8 mo
of spending, in cash
24.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.1M
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
67% of total assets
Liabilities are 67% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$805K
Spent
$311K
To programs
81%
Net assets
$494K
By yearFY2022–FY2025
Revenue
$805K
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$805K
FY2023$1.5M
FY2024$421K
FY2025$174K
Expenses
$311K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$311K
FY2023$1.3M
FY2024$732K
FY2025$516K
Net assets
$494K
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$494K
FY2023$652K
FY2024$341K
FY2025$0

From the FY2022 Form 990 (year ending June 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $253K Management & general 14% · $44K Fundraising 4% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $14K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Dir.
$8,000Pt VII · Sec A
President
$6,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022
Karen Barnes$23,510—
Zachary J Barricklow$21,000$8,000
Craig Delucia$19,000$6,000

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.

See NC Techpaths INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Connects rural residents with technology jobs to keep them in their home regions.

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2 programs · $253K · in their own filed words · FY2021
01

Talent

NC Tech Paths works at the intersection of students, education, and industry for rural communities. Our program model is to recruit high-potential talent interested in careers in software development, network management, cyber security and IT support, coach and assist the learners on pathways to a degree and/or industry credential, and…

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-2625452) · Dispute this line
$231Kprogram expense
02

Masthead

NC Tech Paths purchased a building in downtown North Wilkesboro to serve as the organization's first Rural Tech Outpost. In addition to serving as a magnetic workspace, The Masthead will provide a downtown convening spot for individuals interested in technology and entrepreneurship, hosting hands-on training, summer camps, after-school…

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 87-2625452) · Dispute this line
$22Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 2 funders$1.1M
Grants paid · 5 grants · $176K · 2021–2023
Unitemized GrantFY2023$22,260
Unitemized GrantFY2022$138,744
Unitemized GrantFY2022$3,125
Unitemized GrantFY2021$8,750
Unitemized GrantFY2021$2,850

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$805K
Ln 12
Gifts and grantsLn 1h$800K
Other incomeLn 4–11$5K
Money outPt IX
$311K
Ln 25
Programscol B$253K
Managementcol C$44K
Fundraisingcol D$14K
Owns and owesPt X
$494K
net assets · Ln 32
Cash and savingsLn 1–2$644K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$800K
Other incomeLn 4–11$5K
Gains on assetsLn 7$0
Total revenueLn 12$805K
Assets in detailPt X, end of year
CashLn 1$644K
Cash and savings togetherLn 1–2$644K
Land, buildings, equipmentLn 10c$855K
Other assetsLn 15$1K
Total assetsLn 16$1.5M
LiabilitiesLn 26$1.0M
Net assetsLn 32$494K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$644K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$855K
Total assetsLn 16$0$1.5M
LiabilitiesLn 26$0$1.0M
Net assetsLn 32$0$494K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$12K$12K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$14K$11K$2K$2K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$124K$105K$19K$148
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$9K$8K$1K
Payroll taxesLn 10$14K$12K$2K
Management feesLn 11a$63K$44K$9K$9K
Legal feesLn 11b$11K$9K$2K
Accounting feesLn 11c$9K$7K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$2K$2K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$12K$10K$2K$24
Office expensesLn 13$13K$11K$2K
Information technologyLn 14$3K$3K$457
RoyaltiesLn 15$0
OccupancyLn 16$253$253
TravelLn 17$2K$1K$247
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$115$98$17
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$10K$9K$2K
InsuranceLn 23$6K$6K$21
Other expenses (24a–d)Ln 24$2K$23$2K
All other expensesLn 24e$0
Total functional expensesLn 25$311K$253K$44K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 26, 2025 $174K$516K−$341K$0 990 PDF
FY2024Filed with the IRS Jan 21, 2025 $421K$732K−$311K$341K 990 PDF
FY2023Filed with the IRS Dec 21, 2023 $1.5M$1.3M$158K$652K 990 PDF
FY2022 ViewingFiled with the IRS Mar 7, 2023 $805K$311K$494K$494K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $805,350 revenue, 12 lines filed
I-8 Contributions and grants$800,100
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$5,250
I-12 Total revenue$805,350
I-13 Grants and similar amounts paid$11,600
I-14 Benefits paid to members$0
I-15 Salaries and benefits$160,976
I-16a Professional fundraising fees$2,306
I-17 Other expenses$136,510
I-18 Total expenses$311,392
I-19 Revenue less expenses$493,958
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $805,350 across 8 lines filed
VIII-1f All other contributions, gifts and grants$800,100
VIII-1h Total contributions, gifts and grants$800,100
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $5,250$5,250
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $5,250$805,350
Part IX · Statement of functional expenses $311,392 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $11,600$11,600
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $10,600 · Management $1,700 · Fundraising $1,700$14,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $105,235 · Management $18,596 · Fundraising $148$123,979
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $7,818 · Management $1,380$9,198
IX-10 Payroll taxesPrograms $11,729 · Management $2,070$13,799
IX-11a Management feesPrograms $44,257 · Management $9,484 · Fundraising $9,484$63,225
IX-11b Legal feesPrograms $9,379 · Management $1,655$11,034
IX-11c Accounting feesPrograms $7,246 · Management $1,279$8,525
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $2,306$2,306
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $6,295$6,295
IX-12 Advertising and promotionPrograms $9,881 · Management $1,748 · Fundraising $24$11,653
IX-13 Office expensesPrograms $10,711 · Management $1,890$12,601
IX-14 Information technologyPrograms $2,587 · Management $457$3,044
IX-15 Royalties$0
IX-16 OccupancyPrograms $253$253
IX-17 TravelPrograms $1,397 · Management $247$1,644
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $98 · Management $17$115
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $8,695 · Management $1,534$10,229
IX-23 InsurancePrograms $5,572 · Management $21$5,593
IX-24 Other expenses (24a–d)Programs $23 · Management $2,276$2,299
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $253,376 · Management $44,354 · Fundraising $13,662$311,392
Part X · Balance sheet $1,499,852 assets, 23 lines filed
X-1 Cash, non-interest-bearing$643,893
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$854,909
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1,050
X-16 Total assetsStart of year $0$1,499,852
X-17 Accounts payable and accrued expenses$5,893
X-22 Loans from officers and insiders$1,000,000
X-25 Other liabilities$1
X-26 Total liabilitiesStart of year $0$1,005,894
X-31 Retained earnings or endowment$493,958
X-32 Total net assets or fund balancesStart of year $0$493,958
X-33 Total liabilities and net assetsStart of year $0$1,499,852
Part XI · Reconciliation of net assets $493,958 net assets at year end
XI-1 Total revenue$805,350
XI-2 Total expenses$311,392
XI-3 Revenue less expenses$493,958
XI-10 Net assets at end of year$493,958

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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