NC Techpaths INC FY2024 filing

Wilkesboro, NCUnknown exempt organization EIN 87-2625452Revenue $421K in FY2024Latest return filed Jun 26, 2025

On file with the IRSnctechpaths.orgWilkesboro, NC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

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.

91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · 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
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
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
$2.1M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
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
$421K
-72% vs prior year
Spent
$732K
To programs
91%
Net assets
$341K
By yearFY2022–FY2025
Revenue
$421K
FY2024▼ -72%
Tap a bar for its year
Revenue by fiscal year
FY2022$805K
FY2023$1.5M
FY2024$421K
FY2025$174K
Expenses
$732K
FY2024▼ -45%
Tap a bar for its year
Expenses by fiscal year
FY2022$311K
FY2023$1.3M
FY2024$732K
FY2025$516K
Net assets
$341K
FY2024▼ -48%
Tap a bar for its year
Net assets by fiscal year
FY2022$494K
FY2023$652K
FY2024$341K
FY2025$0

From the FY2024 Form 990 (year ending June 2024) · see the original

Give Claim
You’re viewing the FY2024 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

91 cents of each dollar spent went to programs.

Program services 91% · $667K Management & general 9% · $65K

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

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 2No
  • 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.

Questions for NC Techpaths INC

Tap to ask. NC Techpaths INC sees how many people are interested.

Your first name shows with your question. NC Techpaths INC answers here, for everyone.

2 programs · $667K · in their own filed words · FY2023
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…

$446Kprogram 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 provides a downtown convening spot for individuals interested in technology and entrepreneurship, hosting hands-on training designed to build a…

$221Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$421K
Ln 12
Fees for servicesLn 2g$207K
Gifts and grantsLn 1h$141K
Other incomeLn 4–11$72K
Money outPt IX
$732K
Ln 25
Programscol B$667K
Managementcol C$65K
Owns and owesPt X
$341K
net assets · Ln 32
Cash and savingsLn 1–2$274K
Total assetsLn 16$2.4M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$141K
Government grantsLn 1e$100K
Fees for servicesLn 2g$207K
Investment incomeLn 3$786
Other incomeLn 4–11$72K
Total revenueLn 12$421K
Assets in detailPt X, end of year
CashLn 1$274K
Cash and savings togetherLn 1–2$274K
Prepaid expenses and deferred chargesLn 9$5K
Land, buildings, equipmentLn 10c$2.1M
Other assetsLn 15$1K
Total assetsLn 16$2.4M
LiabilitiesLn 26$2.1M
Net assetsLn 32$341K
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 FY24End FY24
Cash and savingsLn 1–2$218K$274K
Land, buildings, equipmentLn 10c$2.2M$2.1M
Total assetsLn 16$2.5M$2.4M
LiabilitiesLn 26$1.9M$2.1M
Net assetsLn 32$652K$341K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$22K$22K
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$132K$112K$20K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$15K$13K$2K
Payroll taxesLn 10$11K$9K$2K
Management feesLn 11a$45K$38K$7K
Legal feesLn 11b$6K$5K$944
Accounting feesLn 11c$34K$29K$5K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$10K$10K
Advertising and promotionLn 12$12K$11K$2K
Office expensesLn 13$30K$25K$4K
Information technologyLn 14$12K$10K$2K
RoyaltiesLn 15$0
OccupancyLn 16$36K$36K
TravelLn 17$2K$2K$337
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$41K$35K$6K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$81K$69K$12K
InsuranceLn 23$6K$5K$944
Other expenses (24a–d)Ln 24$232K$232K
All other expensesLn 24e$5K$4K$1K
Total functional expensesLn 25$732K$667K$65K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 26, 2025 $174K$516K−$341K$0 990 PDF
FY2024 ViewingFiled 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
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 FY2024 990 (6 parts)
Part I · Summary $421,371 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,019,400$141,450
I-9 Program service revenuePrior year $435,545$207,401
I-10 Investment income$786
I-11 Other revenuePrior year $45,999$71,734
I-12 Total revenuePrior year $1,500,944$421,371
I-13 Grants and similar amounts paidPrior year $141,869$22,260
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $654,528$157,593
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $546,102$552,588
I-18 Total expensesPrior year $1,342,499$732,441
I-19 Revenue less expensesPrior year $158,445−$311,070
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $421,371 across 7 lines filed
Lines not itemized here account for $42,020 of total revenue; see the IRS return.
VIII-1e Government grants$100,000
VIII-1f All other contributions, gifts and grants$41,450
VIII-1h Total contributions, gifts and grants$141,450
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $207,401$207,401
VIII-3 Investment incomeExcluded from tax $786$786
VIII-6 Net rental income or lossUnrelated business $29,714$29,714
VIII-12 Total revenueRelated to mission $207,401 · Unrelated business $29,714 · Excluded from tax $42,806$421,371
Part IX · Statement of functional expenses $732,441 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $22,260$22,260
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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $112,062 · Management $19,775$131,837
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $12,911 · Management $2,278$15,189
IX-10 Payroll taxesPrograms $8,982 · Management $1,585$10,567
IX-11a Management feesPrograms $38,250 · Management $6,750$45,000
IX-11b Legal feesPrograms $5,348 · Management $944$6,292
IX-11c Accounting feesPrograms $28,945 · Management $5,108$34,053
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $9,543$9,543
IX-12 Advertising and promotionPrograms $10,604 · Management $1,871$12,475
IX-13 Office expensesPrograms $25,450 · Management $4,491$29,941
IX-14 Information technologyPrograms $10,220 · Management $1,803$12,023
IX-15 Royalties$0
IX-16 OccupancyPrograms $35,583$35,583
IX-17 TravelPrograms $1,912 · Management $337$2,249
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $35,014 · Management $6,179$41,193
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $68,810 · Management $12,143$80,953
IX-23 InsurancePrograms $5,349 · Management $944$6,293
IX-24 Other expenses (24a–d)Programs $232,000$232,000
IX-24e All other expensesPrograms $3,818 · Management $1,172$4,990
IX-25 Total functional expensesPrograms $667,061 · Management $65,380 · Fundraising $0$732,441
Part X · Balance sheet $2,422,007 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $218,434$274,011
X-9 Prepaid expenses and deferred charges$5,375
X-10c Land, buildings and equipment, netStart of year $2,222,523$2,141,571
X-15 Other assetsStart of year $1,050$1,050
X-16 Total assetsStart of year $2,521,745$2,422,007
X-17 Accounts payable and accrued expensesStart of year $678$11,344
X-22 Loans from officers and insidersStart of year $1,865,559$2,069,330
X-26 Total liabilitiesStart of year $1,869,342$2,080,674
X-31 Retained earnings or endowmentStart of year $652,403$341,333
X-32 Total net assets or fund balancesStart of year $652,403$341,333
X-33 Total liabilities and net assetsStart of year $2,521,745$2,422,007
Part XI · Reconciliation of net assets $341,333 net assets at year end
XI-1 Total revenue$421,371
XI-2 Total expenses$732,441
XI-3 Revenue less expenses−$311,070
XI-4 Net assets at start of year$652,403
XI-10 Net assets at end of year$341,333

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.