NC Techpaths INC FY2023 filing

Wilkesboro, NCUnknown exempt organization EIN 87-2625452Revenue $1.5M in FY2023Latest 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.

84¢ of each $1 spent went to programs.
$64K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $0 a year · under 1% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$64K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.1M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
74% of total assets
Worth a look: liabilities are 74% of assets; over 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+86% vs prior year
Spent
$1.3M
To programs
84%
Net assets
$652K
By yearFY2022–FY2025
Revenue
$1.5M
FY2023▲ +86%
Tap a bar for its year
Revenue by fiscal year
FY2022$805K
FY2023$1.5M
FY2024$421K
FY2025$174K
Expenses
$1.3M
FY2023▲ +331%
Tap a bar for its year
Expenses by fiscal year
FY2022$311K
FY2023$1.3M
FY2024$732K
FY2025$516K
Net assets
$652K
FY2023▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2022$494K
FY2023$652K
FY2024$341K
FY2025$0

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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

84 cents of each dollar spent went to programs.

Program services 84% · $1.1M Management & general 14% · $183K Fundraising 2% · $30K

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

8 people listed on the 990; $64K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Interim Executive Director Effective Dec 2022
$23,510Pt VII · Sec A
Executive Director Through Dec 2022
$21,000Pt VII · Sec A
President Through Mar 2023
$19,000Pt VII · Sec A
Secretary Through Mar 2023
$0Pt VII · Sec A
Secretary/Treasurer Effective Mar 2023
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Through May 2023
$0Pt VII · Sec A
Director Effective Jun 2023
$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 · $1.1M · in their own filed words · FY2022
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…

$877Kprogram expense
02

MASTHEAD NC Tech Paths purchased a building in downtown North Wilkesboro to serve as the organizations 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…

$253Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$436K
Other incomeLn 4–11$46K
Money outPt IX
$1.3M
Ln 25
Programscol B$1.1M
Managementcol C$183K
Fundraisingcol D$30K
Owns and owesPt X
$652K
net assets · Ln 32
Cash and savingsLn 1–2$218K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$436K
Other incomeLn 4–11$46K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$218K
Cash and savings togetherLn 1–2$218K
Accounts receivableLn 4$80K
Land, buildings, equipmentLn 10c$2.2M
Other assetsLn 15$1K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.9M
Net assetsLn 32$652K
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 FY23End FY23
Cash and savingsLn 1–2$644K$218K
Land, buildings, equipmentLn 10c$855K$2.2M
Total assetsLn 16$1.5M$2.5M
LiabilitiesLn 26$1.0M$1.9M
Net assetsLn 32$494K$652K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$142K$142K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$64K$44K$10K$10K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$520K$442K$78K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$37K$32K$6K
Payroll taxesLn 10$34K$29K$5K
Management feesLn 11a$134K$94K$20K$20K
Legal feesLn 11b$24K$21K$4K
Accounting feesLn 11c$84K$72K$13K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$14K$14K
Advertising and promotionLn 12$14K$12K$2K
Office expensesLn 13$67K$57K$10K
Information technologyLn 14$10K$9K$2K
RoyaltiesLn 15$0
OccupancyLn 16$23K$23K
TravelLn 17$14K$12K$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$66K$56K$10K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$64K$54K$10K
InsuranceLn 23$6K$5K$863
Other expenses (24a–d)Ln 24$10K$10K
All other expensesLn 24e$15K$12K$2K
Total functional expensesLn 25$1.3M$1.1M$183K$30K

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
FY2023 ViewingFiled with the IRS Dec 21, 2023 $1.5M$1.3M$158K$652K 990 PDF
FY2022Filed with the IRS Mar 7, 2023 $805K$311K$494K$494K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,500,944 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $800,100$1,019,400
I-9 Program service revenue$435,545
I-10 Investment income$0
I-11 Other revenuePrior year $5,250$45,999
I-12 Total revenuePrior year $805,350$1,500,944
I-13 Grants and similar amounts paidPrior year $11,600$141,869
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $160,976$654,528
I-16a Professional fundraising feesPrior year $1,306$0
I-17 Other expenses$546,102
I-18 Total expensesPrior year $173,882$1,342,499
I-19 Revenue less expensesPrior year $631,468$158,445
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 $1,500,944 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,019,400
VIII-1h Total contributions, gifts and grants$1,019,400
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $435,545$435,545
VIII-6 Net rental income or lossUnrelated business $28,700$45,999
VIII-12 Total revenueRelated to mission $435,545 · Unrelated business $28,700$1,500,944
Part IX · Statement of functional expenses $1,342,499 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $141,869$141,869
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $44,456 · Management $9,527 · Fundraising $9,527$63,510
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $441,887 · Management $77,980$519,867
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $31,521 · Management $5,563$37,084
IX-10 Payroll taxesPrograms $28,957 · Management $5,110$34,067
IX-11a Management feesPrograms $93,947 · Management $20,132 · Fundraising $20,132$134,211
IX-11b Legal feesPrograms $20,698 · Management $3,653$24,351
IX-11c Accounting feesPrograms $71,748 · Management $12,661$84,409
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $14,300$14,300
IX-12 Advertising and promotionPrograms $11,666 · Management $2,059$13,725
IX-13 Office expensesPrograms $57,349 · Management $10,120$67,469
IX-14 Information technologyPrograms $8,758 · Management $1,546$10,304
IX-15 Royalties$0
IX-16 OccupancyPrograms $23,014$23,014
IX-17 TravelPrograms $12,176 · Management $2,149$14,325
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $55,868 · Management $9,859$65,727
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $54,173 · Management $9,560$63,733
IX-23 InsurancePrograms $4,889 · Management $863$5,752
IX-24 Other expenses (24a–d)Management $10,267$10,267
IX-24e All other expensesPrograms $12,338 · Management $2,177$14,515
IX-25 Total functional expensesPrograms $1,129,614 · Management $183,226 · Fundraising $29,659$1,342,499
Part X · Balance sheet $2,521,745 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $643,893$218,434
X-4 Accounts receivable$79,738
X-10c Land, buildings and equipment, netStart of year $854,909$2,222,523
X-15 Other assetsStart of year $1,050$1,050
X-16 Total assetsStart of year $1,499,852$2,521,745
X-17 Accounts payable and accrued expensesStart of year $5,894$678
X-22 Loans from officers and insidersStart of year $1,000,000$1,865,559
X-25 Other liabilities$3,105
X-26 Total liabilitiesStart of year $1,005,894$1,869,342
X-31 Retained earnings or endowmentStart of year $493,958$652,403
X-32 Total net assets or fund balancesStart of year $493,958$652,403
X-33 Total liabilities and net assetsStart of year $1,499,852$2,521,745
Part XI · Reconciliation of net assets $652,403 net assets at year end
XI-1 Total revenue$1,500,944
XI-2 Total expenses$1,342,499
XI-3 Revenue less expenses$158,445
XI-4 Net assets at start of year$493,958
XI-10 Net assets at end of year$652,403

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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