To provide technology and online education services to university of north carolina institutions to meet the needs of adult learners and to expand accessibility to higher education for traditionally underserved populations.

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
$2.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
4 of 4
filings with a surplus
Average surplus $12.5M a year · 42% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 14.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.3M
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34.7M
-16% vs prior year
Spent
$22.8M
To programs
58%
Net assets
$39.6M
By yearFY2022–FY2025
Revenue
$34.7M
FY2024▼ -16%
Tap a bar for its year
Revenue by fiscal year
FY2022$4.0M
FY2023$41.2M
FY2024$34.7M
FY2025$40.4M
Expenses
$22.8M
FY2024▲ +37%
Tap a bar for its year
Expenses by fiscal year
FY2022$947K
FY2023$16.7M
FY2024$22.8M
FY2025$29.9M
Net assets
$39.6M
FY2024▲ +43%
Tap a bar for its year
Net assets by fiscal year
FY2022$2.8M
FY2023$27.6M
FY2024$39.6M
FY2025$50.1M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · 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 ruling in Feb 2023.

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

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $13.3M Management & general 41% · $9.3M Fundraising 1% · $249K

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

18 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$635,000Pt VII · Sec A
Director of Strategy & Bus
$267,500Pt VII · Sec A
Director of General Ops
$260,000Pt VII · Sec A
Director of Strategy & Bus
$260,000Pt VII · Sec A
Director of Product Mgmt
$204,808Pt VII · Sec A
Chief Financial Officer
$201,365Pt VII · Sec A
Chief Operating Officer
$192,884Pt VII · Sec A
Senior Student Support Mgr
$184,000Pt VII · Sec A

William Zemp’s $478K as Former CEO is at the 87th percentile of top reported officer pay among 3683 $10–100M education 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023
William Zemp$478,078$635,000$390,676
David Eby$415,836$192,884—
Jerry Thompson$282,452——
Rae Williams$281,164$201,365—
Brian Fleming$261,923$267,500$124,169
Andrew Bagley$261,923$260,000$124,278
Christopher Boyd$255,923$260,000$124,278
Jack Lewandowski$226,923——

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 Project Kitty Hawk INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Offers technology and online education to help adult learners at UNC institutions.

Questions for Project Kitty Hawk INC

Tap to ask. Project Kitty Hawk INC sees how many people are interested.

Your first name shows with your question. Project Kitty Hawk INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $13.3M · in their own filed words · FY2023
01

The organization launched new programs east carolina university, north carolina centeral university and appalachian state UNIVERSITY.A. Marketing and admission: attract and engage prospective students, increase awareness of programs and drive marketing through targeted MARKETING.B.

$13.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $1.7M · 2023–2024
North Carolina Central UniversityFY2024$400,000
East Carolina UniversityFY2024$366,667
East Carolina UniversityFY2023$366,667
North Carolina Central UniversityFY2023$300,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$34.7M
Ln 12
Gifts and grantsLn 1h$27.3M
Fees for servicesLn 2g$5.8M
Investment incomeLn 3$1.5M
Money outPt IX
$22.8M
Ln 25
Programscol B$13.3M
Managementcol C$9.3M
Fundraisingcol D$249K
Owns and owesPt X
$39.6M
net assets · Ln 32
Cash and savingsLn 1–2$27.5M
Total assetsLn 16$42.9M
LiabilitiesLn 26$3.3M
PeoplePt VI, VII
18
listed · VII A
PaidVII A9
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27.3M
Government grantsLn 1e$27.3M
Fees for servicesLn 2g$5.8M
Investment incomeLn 3$1.5M
Other incomeLn 4–11$64K
Gains on assetsLn 7−$3K
Total revenueLn 12$34.7M
Assets in detailPt X, end of year
CashLn 1$4.4M
SavingsLn 2$23.0M
Cash and savings togetherLn 1–2$27.5M
Land, buildings, equipmentLn 10c$7K
Other assetsLn 15$13K
Total assetsLn 16$42.9M
LiabilitiesLn 26$3.3M
Net assetsLn 32$39.6M
OperationsPt I, VI
EmployeesI 568
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$23.3M$27.5M
Land, buildings, equipmentLn 10c$22K$7K
Total assetsLn 16$30.1M$42.9M
LiabilitiesLn 26$2.4M$3.3M
Net assetsLn 32$27.6M$39.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$667K$667K
Pay of current officers, directors and key staffLn 5$1.4M$708K$698K$29K
Pay of disqualified personsLn 6$6.6M$3.3M$3.2M$136K
Other salaries and wagesLn 7$195K$195K
Pension plan contributionsLn 8$201K$99K$98K$4K
Other employee benefitsLn 9$442K$218K$215K$9K
Payroll taxesLn 10$513K$253K$249K$11K
Legal feesLn 11b$74K$74K
Accounting feesLn 11c$184K$184K
Professional fundraising feesLn 11e$52K$52K
Other fees for servicesLn 11g$3.2M$1.2M$2.0M
Advertising and promotionLn 12$5.6M$5.6M$11K
Office expensesLn 13$50K$10K$40K$271
Information technologyLn 14$899K$837K$62K$365
OccupancyLn 16$153K$153K
TravelLn 17$207K$102K$100K$4K
Depreciation, depletion and amortizationLn 22$2.1M$5K$2.1M$223
InsuranceLn 23$32K$3K$28K$134
Other expenses (24a–d)Ln 24$176K$82K$91K$3K
All other expensesLn 24e$7K$4K$3K
Total functional expensesLn 25$22.8M$13.3M$9.3M$249K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $40.4M$29.9M$10.5M$50.1M 990 PDF
FY2024 Viewing $34.7M$22.8M$11.9M$39.6M 990 PDF
FY2023 $41.2M$16.7M$24.6M$27.6M 990 PDF
FY2022 $4.0M$947K$3.1M$2.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $34,710,055 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $41,000,000$27,333,333
I-9 Program service revenuePrior year $0$5,783,367
I-10 Investment incomePrior year $227,747$1,529,460
I-11 Other revenuePrior year $3,774$63,895
I-12 Total revenuePrior year $41,231,521$34,710,055
I-13 Grants and similar amounts paidPrior year $0$666,667
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,836,556$9,423,884
I-16a Professional fundraising feesPrior year $0$52,000
I-17 Other expensesPrior year $10,824,207$12,698,451
I-18 Total expensesPrior year $16,660,763$22,841,002
I-19 Revenue less expensesPrior year $24,570,758$11,869,053
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $34,710,055 across 7 lines filed
VIII-1e Government grants$27,333,333
VIII-1h Total contributions, gifts and grants$27,333,333
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,783,367$5,783,367
VIII-3 Investment incomeExcluded from tax $1,532,434$1,532,434
VIII-7 Net gain or loss on sales of assetsRelated to mission −$2,974−$2,974
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $63,895$63,895
VIII-12 Total revenueRelated to mission $5,844,288 · Unrelated business $0 · Excluded from tax $1,532,434$34,710,055
Part IX · Statement of functional expenses $22,841,002 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $666,667$666,667
IX-5 Pay of current officers, directors and key staffPrograms $708,167 · Management $697,580 · Fundraising $29,409$1,435,156
IX-6 Pay of disqualified personsPrograms $3,274,906 · Management $3,225,947 · Fundraising $136,001$6,636,854
IX-7 Other salaries and wagesPrograms $194,924$194,924
IX-8 Pension plan contributionsPrograms $99,414 · Management $97,928 · Fundraising $4,128$201,470
IX-9 Other employee benefitsPrograms $218,348 · Management $215,084 · Fundraising $9,067$442,499
IX-10 Payroll taxesPrograms $253,127 · Management $249,342 · Fundraising $10,512$512,981
IX-11b Legal feesManagement $73,755$73,755
IX-11c Accounting feesManagement $183,985$183,985
IX-11e Professional fundraising feesFundraising $52,000$52,000
IX-11g Other fees for servicesPrograms $1,178,582 · Management $2,041,928$3,220,510
IX-12 Advertising and promotionPrograms $5,630,098 · Management $11,218$5,641,316
IX-13 Office expensesPrograms $9,765 · Management $40,087 · Fundraising $271$50,123
IX-14 Information technologyPrograms $837,079 · Management $61,519 · Fundraising $365$898,963
IX-16 OccupancyManagement $153,343$153,343
IX-17 TravelPrograms $101,946 · Management $100,421 · Fundraising $4,234$206,601
IX-22 Depreciation, depletion and amortizationPrograms $5,377 · Management $2,050,284 · Fundraising $223$2,055,884
IX-23 InsurancePrograms $3,231 · Management $28,137 · Fundraising $134$31,502
IX-24 Other expenses (24a–d)Programs $81,739 · Management $90,629 · Fundraising $3,141$175,509
IX-24e All other expensesPrograms $3,577 · Management $3,383$6,960
IX-25 Total functional expensesPrograms $13,266,947 · Management $9,324,570 · Fundraising $249,485$22,841,002
Part X · Balance sheet $42,946,408 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $5,131,207$4,439,478
X-2 Savings and temporary cash investmentsStart of year $18,163,856$23,032,419
X-3 Pledges and grants receivable$458,333
X-4 Accounts receivable$5,725,533
X-9 Prepaid expenses and deferred chargesStart of year $972,572$896,325
X-10c Land, buildings and equipment, netStart of year $21,844$7,320
X-14 Intangible assetsStart of year $5,758,836$8,374,095
X-15 Other assetsStart of year $20,993$12,905
X-16 Total assetsStart of year $30,069,308$42,946,408
X-17 Accounts payable and accrued expensesStart of year $2,442,694$3,321,592
X-26 Total liabilitiesStart of year $2,442,694$3,321,592
X-32 Total net assets or fund balancesStart of year $27,626,614$39,624,816
X-33 Total liabilities and net assetsStart of year $30,069,308$42,946,408
Part XI · Reconciliation of net assets $39,624,816 net assets at year end
XI-1 Total revenue$34,710,055
XI-2 Total expenses$22,841,002
XI-3 Revenue less expenses$11,869,053
XI-4 Net assets at start of year$27,626,614
XI-9 Other changes in net assets$129,149
XI-10 Net assets at end of year$39,624,816

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.

Your org? Add context

Made it to the end? Claim this org

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.