The Innovation Project

The Innovation Project

Raleigh, NC
Tax ID46-3120883

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About this organization

Revenue

$1,733,211

Expenses

$1,028,950

Website

tipnc.org

Mission

To strengthen public education in North Carolina by creating and implementing innovative approaches to common school district challenges.

About

The Innovation Project develops initiatives based on its mission and beliefs in order to facilitate improvements within North Carolina's educational systems. Current initiatives include the Restart Schools Collaborative for low-performing schools, the Virtual Academy Collaborative for online supplemental learning materials, the Homeschool Initiative to re-engage and involve homeschool families, the Innovative Classrooms Program to provide professional development to teachers, and the NSCU Teaching Scholars to establish a scholarship program for future teachers.

Interesting data from their 2019 990 filing

In the filing, the mission of the non-profit is noted as “To strengthen public education and provide opportunities for all children in north carolina through a collaboration of districts working together to create innovative approaches and build local capacity to address common challenges.”.

When referring to its responsibilities, they were outlined as: “To strengthen public education in north carolina by creating and implementing innovative approaches to common school district challenges.”.

  • The state in which the non-profit is legally registered to operate is NC, as per legal records.
  • The filing documents the non-profit's address in 2019 as 4441 SIX FORKS RD STE 106-250, RALEIGH, NC, 27609.
  • According to the non-profit's form, they have 2 employees on their payroll as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $704,261.
  • The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
  • The organization has 10 independent voting members.
  • The organization was formed in 2013.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $396,558 in salary, compensation, and benefits to its employees.
  • The organization pays $51,038 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a business related organization transaction.
  • The organization's financial statements were reviewed by an accountant.

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