2024-10-31T12:30:14-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2022-01-01 812262213 ROAD2HIRE ROAD 7046971131 1423 RED VENTURES DRIVE FORT MILL SC 29707 BEN BRAUN CHIEF FINANCIAL OFFICER 7046971131 2024-10-29 1 0 JOHN NORMAN P01506766 7049985200 2024-10-29 2022 2024-10-15 13:58:12Z X BEN BRAUN 1423 RED VENTURES DRIVE FORT MILL SC 29707 41564410 0 X ROADTOHIRE.ORG X 2016 SC TO HELP BREAK ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA 5 5 0 200 0 0 2296885 37888843 901020 3675567 0 0 0 0 3197905 41564410 414275 1575701 0 0 3219306 6706973 0 0 0 253826 619130 3887407 8901804 -689502 32662606 1082574 33979423 75963 385421 1006611 33594002 X THE ORGANIZATION IS A NONPROFIT BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA BY PROVIDING RESOURCES FOR MOTIVATED YOUNG ADULTS TO GROW PERSONALLY AND PROFESSIONALLY IN A HIGHLY SUPPORTIVE ENVIRONMENT. 1 0 7359354 1575701 3675567 ROAD2HIRE IS A NONPROFIT ORGANIZATION BUILT TO HELP BREAK THE ECONOMIC MOBILITY BARRIERS IN THE GREATER CHARLOTTE AREA. ROADTOHIRE TEACHES SKILLS NEEDED TO BREAK INTO THE FIELDS OF WEB DEVELOPMENT AND SALES. THE ORGANIZATION PROMOTES ECONOMIC MOBILITY FOR MOTIVATED YOUNG ADULTS THROUGH PAID PROFESSIONAL TRAINING, PERSONAL DEVELOPMENT AND JOB PLACEMENT. ROAD2HIRE ABSORBED THE OPERATIONS OF GOLDEN DOOR SCHOLARS AT THE END OF 2022. GOLDEN DOOR SCHOLARS PROVIDES "DACAMENTED AND UNDOCUMENTED STUDENTS WITH THE FINANCIAL AID AND SUPPORT NEEDED TO INVEST IN THEIR EDUCATION AND DEFINE THEIR FUTURES. WE BELIEVE THAT IMMIGRATION STATUS SHOULD NOT DETERMINE OPPORTUNITY; TENACITY AND HARD WORK SHOULD. 7359354 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 SC X NICHOLAS SAMMARTANO 7046971131 1423 RED VENTURES DRIVE FORT MILL SC 29707 X RICARDO ELIAS PRESIDENT 1.00 X X 0 0 0 KACEY GRANTHAM VICE PRESIDENT 25.00 X X 0 0 0 KATHRYN BLACK DIRECTOR 1.00 X 0 0 0 SATHISH MUTHUKRISHAN TREASURER 1.00 X X 0 0 0 THADD JONES SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 37888843 28450780 37888843 JOB TRAINING SPONSORSH 900099 3675567 3675567 3675567 41564410 3675567 0 0 1575701 1575701 6075489 5182533 892956 391583 334029 57554 239901 204641 35260 50165 8644 41521 208850 104 208746 114073 114073 37433 6341 31092 7252 7252 MISCELLANEOUS 110375 9143 101232 MEALS AND ENTERTAINMENT 58459 22674 35785 DUES AND SUBSCRIPTIONS 27021 6800 20221 RECRUITING 5502 1492 4010 8901804 7359354 1542450 0 428685 138132 397938 326636 251017 4821018 4934 5296 28450780 0 237561 1082574 33979423 75963 147800 0 237621 75963 385421 X 906611 592516 100000 33001486 1006611 33594002 1082574 33979423 32662606 -75215 0 X X 0 1 X 1 0 X 803985 995745 2652046 2296885 37888843 44637504 803985 995745 2652046 2296885 37888843 44637504 28862373 15775131 44637504 5821845 0.35340 0.89410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RED VENTURES HOLDCO LP COMMON STOCK 28450780 F 28450780 RIGHT-OF-USE LEASE LIABILITY 237621 237621 X 41564410 0 41564410 0 41564410 8977019 75215 75215 8901804 0 8901804 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WITH RESPECT TO ITS EXEMPT FUNCTION INCOME. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE AN ORGANIZATION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2020 AND DECEMBER 31, 2019. 0 TUITION PAYMENTS 1575701 X 28450780 VALUE DATE OF TRANSFER 0 0 0 AMENDED RETURN EXPLANATION THE ORGANIZATION HAS OBTAINED AUDITED FINANCIAL STATEMENTS, WHICH NECESSITATED SEVERAL CHANGES TO THE PREVIOUSLY FILED RETURN. THE AMENDMENTS ARE AS FOLLOWS: PART VIII - STATEMENT OF REVENUE: THE CONTRIBUTION OF SHARES HAS BEEN INCLUDED IN THE STATEMENT OF REVENUE. THIS ADJUSTMENT ENSURES THAT THE TOTAL REVENUE IS ACCURATELY REFLECTED. PART IX - STATEMENT OF FUNCTIONAL EXPENSES: FUNCTIONAL EXPENSES HAVE BEEN REALLOCATED BETWEEN PROGRAM EXPENSES AND MANAGEMENT AND GENERAL EXPENSES. PART X - BALANCE SHEET: INVESTMENTS HAVE BEEN INCLUDED IN THE BALANCE SHEET, AND THE ENDING NET ASSETS HAVE BEEN ACCURATELY REPORTED. SCHEDULE A, PART II, SECTION A: THIS SECTION HAS BEEN CHANGED TO REFLECT THE REVENUE REPORTED IN FORM 990. SCHEDUE B: REVISED TO REFLECT STOCK CONTRIBUTIONS RECEIVED BY THE ORGANIZATION AT THE END OF THE YEAR. FORM 990, PART III, LINE 2 DURING THE YEAR, THE ORGANIZATION MERGED WITH GOLDEN DOOR SCHOLARS, A NORTH CAROLINA NONPROFIT ORGANIZATION AND BECAME THE SURVIVING CORPORATION OF THE MERGER. AS SUCH, THE ORGANIZATION ABSORBED THE CHARITABLE PURPOSES OF GOLDEN DOOR SCHOLARS. SEE PART III, LINE 4A FOR FURTHER INFORMATION ON THE GOLDEN DOOR SCHOLARS PROGRAM. FORM 990, PART VI, SECTION A, LINE 2 WITH ONE EXCEPTION, THE OFFICERS AND DIRECTORS LISTED ARE ALL RELATED TO EACH OTHER THROUGH PAST, WITHIN FIVE YEARS, OR PRESENT BUSINESS RELATIONSHIPS AT RED VENTURES, LLC. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS THE FORM 990 WITH THE TAX PREPARER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE POLICIES ARE REVIEWED AND DISCUSSED BY THE BOARD IN BOARD MEETINGS AND OFFICERS AND MANAGEMENT PERIODICALLY REVIEW COMPLIANCE POLICIES AS WELL AS PART OF MONTHLY FINANCIAL AND OPERATIONAL REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE ITS FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C OVERSIGHT AND SELECTION PROCESS IS UNCHANGED FROM PRIOR YEAR.