North Carolina Center Of Innovation Network is located in Greensboro, NC. North Carolina Center Of Innovation Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, North Carolina Center Of Innovation Network generated $14.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.2%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (40.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
NORTH CAROLINA CENTER OF INNOVATION NETWORK SERVES THE CITIZENS OF NORTH CAROLINA AS A VIRTUAL CENTER OF INNOVATION FOR BUSINESSES, RESEARCHERS, ENTREPRENEURS, STUDENTS AND INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3
DEVELOP A PORTFOLIO OF HIGH VALUE INNOVATION PROJECTS IN COIN'S FOCUS AREAS THAT RESULT IN COMMERCIAL TRANSACTIONS AND ENABLE COIN TO BECOME SELF-SUSTAINING: - ESTABLISH COLLABORATIONS WITH NC UNIVERSITIES TO OPEN DOORS FOR INDUSTRY TO GAIN ACCESS TO RESEARCHERS AND RESIDENT RESEARCH AND "IP" (INTELLECTUAL PROPERTY) AND TO ENABLE COIN TO "OUTSOURCE" SERVICES. - DEVELOP PARTNERSHIPS WITH COMPANIES AND ESTABLISH RELATIONSHIPS WITH PRODUCT DEVELOPERS, MARKETING, BUSINESS DEVELOPMENT, AND BUSINESS MANAGERS TO LEARN ABOUT AND DOCUMENT MARKET WANTS AND NEEDS AND TO PROMOTE COIN'S MODEL. - BUILD RELATIONSHIPS/AGREEMENTS WITH COMPANIES AND UNIVERSITIES THAT ENABLE THE CREATION OF A COMMERCIALIZATION PIPELINE BUILT ON UNIVERSITY RESEARCH. - SEEK FUNDING IN SUPPORT OF PROJECTS FROM PUBLIC AND PRIVATE SOURCES.
DEVELOP A PORTFOLIO OF HIGH VALUE INNOVATION PROJECTS IN COIN'S FOCUS AREAS THAT RESULT IN COMMERCIAL TRANSACTIONS AND ENABLE COIN TO BECOME SELF-SUSTAINING: - ESTABLISH COLLABORATIONS WITH NC UNIVERSITIES TO OPEN DOORS FOR INDUSTRY TO GAIN ACCESS TO RESEARCHERS AND RESIDENT RESEARCH AND "IP" (INTELLECTUAL PROPERTY) AND TO ENABLE COIN TO "OUTSOURCE" SERVICES. - DEVELOP PARTNERSHIPS WITH COMPANIES AND ESTABLISH RELATIONSHIPS WITH PRODUCT DEVELOPERS, MARKETING, BUSINESS DEVELOPMENT, AND BUSINESS MANAGERS TO LEARN ABOUT AND DOCUMENT MARKET WANTS AND NEEDS AND TO PROMOTE COIN'S MODEL. - BUILD RELATIONSHIPS/AGREEMENTS WITH COMPANIES AND UNIVERSITIES THAT ENABLE THE CREATION OF A COMMERCIALIZATION PIPELINE BUILT ON UNIVERSITY RESEARCH. - SEEK FUNDING IN SUPPORT OF PROJECTS FROM PUBLIC AND PRIVATE SOURCES.
CREATE INNOVATIVE PUBLIC-PRIVATE PARTNERSHIPS TO HELP DEVELOP RESOURCES THAT ARE NEEDED TO BRING NANOBIOTECHNOLOGY INNOVATIONS TO MARKET AND PROVIDE FUNDING SOURCES FOR COIN. - EXPLORE ESTABLISHMENT OF A "CRO" (CONTRACT RESEARCH ORGANIZATION) FOR FAST TRACKING FDA SUBMISSION WORKING CLOSELY WITH THE FDA TO PROVIDE A CERTIFIED TESTING AND EVALUATION FACILITY THAT DRAMATICALLY ACCELERATES NANO-THERAPEUTIC AND NANO-ENGINEERED MEDICAL TECHNOLOGIES DEVELOPMENT. - PARTNER WITH THOUGHT LEADERS, SUBJECT MATTER EXPERTS, AND CENTER FOR INNOVATION MANAGEMENT STUDIES RESOURCES (INCLUDING DATA MINING) TO ANALYZE TECHNOLOGIES, APPLICATIONS, AND MARKETS AND ARTICULATE THE OPPORTUNITIES. - DEVELOP PROGRAMS THAT PROMOTE UNDERSTANDING OF ENVIRONMENTAL IMPACT AND SAFETY ISSUES.
CREATE INNOVATIVE PUBLIC-PRIVATE PARTNERSHIPS TO HELP DEVELOP RESOURCES THAT ARE NEEDED TO BRING NANOBIOTECHNOLOGY INNOVATIONS TO MARKET AND PROVIDE FUNDING SOURCES FOR COIN. - EXPLORE ESTABLISHMENT OF A "CRO" (CONTRACT RESEARCH ORGANIZATION) FOR FAST TRACKING FDA SUBMISSION WORKING CLOSELY WITH THE FDA TO PROVIDE A CERTIFIED TESTING AND EVALUATION FACILITY THAT DRAMATICALLY ACCELERATES NANO-THERAPEUTIC AND NANO-ENGINEERED MEDICAL TECHNOLOGIES DEVELOPMENT. - PARTNER WITH THOUGHT LEADERS, SUBJECT MATTER EXPERTS, AND CENTER FOR INNOVATION MANAGEMENT STUDIES RESOURCES (INCLUDING DATA MINING) TO ANALYZE TECHNOLOGIES, APPLICATIONS, AND MARKETS AND ARTICULATE THE OPPORTUNITIES. - DEVELOP PROGRAMS THAT PROMOTE UNDERSTANDING OF ENVIRONMENTAL IMPACT AND SAFETY ISSUES.
SEEK TO BRING NEW FUNDING FOR ACADEMIC R&D INITIATIVE AROUND SPECIFIC INNOVATIONS, FOR SPONSORED RESEARCH, FOR EMERGING COMPANIES IN THE NANOBIOTECHNOLOGY SPACE, AND TO SUPPORT COMMERCIAL NANO-MANUFACTURING CAPABILITIES. - DEVELOP KNOWLEDGE OF AND WORKING RELATIONSHIPS WITH RELEVANT REGIONAL AND NATIONAL VC'S, ANGEL NETWORKS, THE SBIR PROGRAM, AND OTHER STATE AND FEDERAL GRANT PROGRAMS. - ESTABLISH COLLABORATION WITH INCUBATORS LIKE FIRST FLIGHT VENTURE CENTER.
SEEK TO BRING NEW FUNDING FOR ACADEMIC R&D INITIATIVE AROUND SPECIFIC INNOVATIONS, FOR SPONSORED RESEARCH, FOR EMERGING COMPANIES IN THE NANOBIOTECHNOLOGY SPACE, AND TO SUPPORT COMMERCIAL NANO-MANUFACTURING CAPABILITIES. - DEVELOP KNOWLEDGE OF AND WORKING RELATIONSHIPS WITH RELEVANT REGIONAL AND NATIONAL VC'S, ANGEL NETWORKS, THE SBIR PROGRAM, AND OTHER STATE AND FEDERAL GRANT PROGRAMS. - ESTABLISH COLLABORATION WITH INCUBATORS LIKE FIRST FLIGHT VENTURE CENTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Hardin President | 0 | $0 | |
Ginger Rothrock Board Director | 0 | $0 | |
John Merrill Treasurer | 0 | $0 | |
Jim Ryan Board Director | 0 | $0 | |
Marlene Spritzer Board Director | 0 | $0 | |
Mary Beth Thomas Board Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,458 |
Total Program Service Revenue | $723 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $2 |
Total Revenue | $14,183 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $8,109 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,057 |
Total expenses | $21,166 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |