- Revenue 2025
- $1,241,236
- Expenses 2025
- $1,303,281
Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S43
- Classification
- 1200
- Street
- 500 W FIFTH STREET
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
THE SPECIFIC PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE (I) TO CREATE LONG-TERM JOB GROWTH AND ECONOMIC VITALITY IN AND AROUND WINSTON-SALEM, NORTH CAROLINA, AND ACCORDINGLY BENEFIT THE WINSTON-SALEM AREA AND ITS CITIZENS AS A WHOLE, BY PROVIDING EDUCATION, OFFICE SPACE, AND ACCESS TO PROFESSIONAL SERVICES AND OTHER FORMS OF SUPPORT TO STARTUP AND EARLY STAGE BUSINESSES COMMITTED TO LOCATING IN AND AROUND WINSTON-SALEM; (II) TO SERVE AS A CATALYST FOR ECONOMIC DEVELOPMENT THROUGH THE ATTRACTION OF NEW BUSINESSES TO WINSTON-SALEM AND THE GROWTH OF EXISTING WINSTON-SALEM-BASED COMPANIES.
Activities or mission (Part I)
OUR MISSION IS TO DRIVE THE FUTURE ECONOMIC HEALTH OF WINSTON-SALEM, TRIAD AND NORTH CAROLINA BY: PROVIDING INTENSE, INSPIRING, AND DURATION-APPROPRIATE SUPPORT FOR STARTUPS WITH NATIONALLY SCALABLE BUSINESS MODELS. COLLABORATING WITH OTHER STARTUP SUPPORT ENTERPRISES ACROSS THE TRIAD AND THE STATE TO DEVELOP A COORDINATED TRELLIS OF STARTUP SUPPORT. PROMOTING A CULTURE OF ENTREPRENEURSHIP AND INNOVATION.
-
PROVIDING OFFICE SPACE TO START UP COMPANIES
Expenses $1,195,870 · Revenue $193,053
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
DONALD E FLOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TODD JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN A LINEBERGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NATALIE JENSEN-NOLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRINITY MANNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVID WAHRFAHTIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CALVIN MCRAE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARK OWENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATHRYN ROSS
PRESIDENT
- Total calculated
- $35,000
- From this org
- $35,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
STANLEY PARKER
FORMER PRESIDENT
- Total calculated
- $143,300
- From this org
- $143,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,300
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $143,300
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $1,241,236
- Expenses
- $1,303,281
- Contributions
- $1,047,905
- Grants paid
- $0
-
2024
- Revenue
- $1,405,154
- Expenses
- $1,345,210
- Contributions
- $1,246,011
- Grants paid
- $0
-
2024
- Revenue
- $1,275,154
- Expenses
- $1,348,994
- Contributions
- $1,116,011
- Grants paid
- $0
-
2023
- Revenue
- $1,309,857
- Expenses
- $1,324,861
- Contributions
- $1,161,897
- Grants paid
- $0
-
2022
- Revenue
- $1,251,998
- Expenses
- $1,288,369
- Contributions
- $1,029,584
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $1,547,404
- Expenses
- $1,275,373
- Assets (EOY)
- $2,039,563
-
2020 · 990
- Revenue
- $1,057,583
- Expenses
- $1,236,096
- Assets (EOY)
- $1,829,286
-
2019 · 990
- Revenue
- $1,513,317
- Expenses
- $1,278,560
- Assets (EOY)
- $2,104,120
-
2018 · 990
- Revenue
- $2,184,759
- Expenses
- $1,017,956
- Assets (EOY)
- $2,049,726
-
2017 · 990
- Revenue
- $386,408
- Expenses
- $0
- Assets (EOY)
- $386,408
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$75,000
2024 7 grant(s) for varying purposes
-
2024 For grant recipient's exempt purposes
-
2023 For grant recipient's exempt purposes
-
2022 For grant recipient's exempt purposes
-
$60,000
2023 Start-up business recruitment
-
$60,000
2024 Final Operating Support Commitment 2024
-
TWIN CITY DEVELOPMENT FOUNDATION
$38,530
2023 ECONOMIC DEVELOPMENT
-
2024 ENTREPRENEURIAL
-
NORTH CAROLINA BAPTIST HOSPITAL
$10,000
2024 SUPPORTING PROGRAMS TO HELP ENTREPRENEURIAL COMMUNITY IN WINSTON-SALEM
-
NORTH CAROLINA BAPTIST HOSPITAL
$10,000
2023 SUPPORTING PROGRAMS TO HELP ENTREPRENEURIAL COMMUNITY IN WINSTON-SALEM
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.