Roc Charlotte Inc
- Assets
- $796.9k
- Revenue
- $491.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 07/2018
- Data as of
- 06/2022
- EIN
- 82-3547898
Organization Overview
Roc Charlotte Inc is located in Charlotte, NC. The organization was established in 2018. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roc Charlotte Inc 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 06/2022, Roc Charlotte Inc generated $491.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $666.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE TECHNICAL CONSTRUCTION SKILLS AND JOB READINESS TRAINING, MENTORSHIPS, PAID APPRENTICESHIPS AND PERMANENT JOB PLACEMENT FOR STUDENTS ATTENDING HIGH SCHOOLS IN UNDER-SERVED AREAS OF CHARLOTTE, NC. EMBEDDED WITHIN OUR MISSION IS FOR THE ROC TO BE AN INTEGRAL PART OF A COMMUNITY-WIDE UPWARD MOBILITY SOLUTION FOR AT-RISK MINORITY TEENAGERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES FOR RECRUTING, EDUCATING AND MENTORING HIGH SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Ash Executive Dir. | OfficerTrustee | 40 | $0 |
Bird Anderson Board Chair | OfficerTrustee | 5 | $0 |
Otis Crowder Board Member | Trustee | 1 | $0 |
Lebraun Evans Board Member | Trustee | 1 | $0 |
Eric Carter Board Member | Trustee | 1 | $0 |
Mark Gibbs Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $489,818 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $489,818 |
| Total Program Service Revenue | $0 |
| Investment income | $1,301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $491,119 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,320 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $280,443 |
| Advertising and promotion | $0 |
| Office expenses | $936 |
| Information technology | $4,039 |
| Royalties | $0 |
| Occupancy | $137,401 |
| Travel | $472 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,696 |
| Insurance | $13,516 |
| All other expenses | $318 |
| Total functional expenses | $666,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $483,280 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $308,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,750 |
| Other assets | $998 |
| Total assets | $796,896 |
| Accounts payable and accrued expenses | $16,397 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,397 |
| Net assets without donor restrictions | $780,499 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $796,896 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Roc Charlotte Inc has recieved totaling $15,500.
| Awarding Organization | Amount |
|---|---|
Mer Foundation Inc Charlotte, NC PURPOSE: GENERAL FUND | $15,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chowan University Murfreesboro, NC | $92,478,442 | $40,741,279 |
Accreditation Alliance Of Career Schools And Colleges Arlington, VA | $26,046,219 | $7,869,062 |
Road2hire Fort Mill, SC | $1,082,574 | $3,197,905 |
Laurelbrook Sanitarium And School Incorporated Dayton, TN | $3,172,312 | $3,978,330 |
American College Of The Building Arts Charleston, SC | $8,182,078 | $3,152,550 |
Brillare Beauty Institute Cleveland, TN | $1,097,021 | $2,779,261 |
Plumbers & Pipefitters Local Union No 421 Joint Training Fund North Charleston, SC | $3,214,937 | $2,045,686 |
Plumbers & Pipefitters Locals 352 & 572 Joint Apprenticeship Committee Nashville, TN | $1,903,387 | $1,719,621 |
Tennessee Future Farmers Of America Foundation Inc Cookeville, TN | $8,783,000 | $1,550,962 |
Electrician Training Academy At Knoxville Knoxville, TN | $786,789 | $800,194 |
Virginia Technical Institute Altavista, VA | $3,192,036 | $814,315 |
Georgia Association For Career & Technical Education Inc Marietta, GA | $923,695 | $850,463 |