2026-08-31T11:16:24-05:00 2025-12-31 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2025-01-01 561752731 FIRST FLIGHT VENTURE CENTER INC FIRS 9199908558 PO BOX 13169 DURHAM NC 27709 KRISTA COVEY PRESIDENT 9199908558 2026-06-11 1 REBECCA FISHER P01690017 7044993893 2026-06-11 2025 X KRISTA COVEY PO BOX 13169 DURHAM NC 27709 1943700 0 X WWW.FFVCNC.ORG X 1991 NC PROVIDING FLEXIBLE TERMS AND PRICING TO NORTH CAROLINA TECHNOLOGY ENTREPRENEURS IN THE AREAS OF NON-DILUTIVE FUNDING STRATEGIES, ADVANCED PROTOTYPING, AND LABORATORY AND OFFICE LEASES. WE SUPPORT NC TECHNOLOGY ENTREPRENEURS IN GROWING THEIR BUSINESSES. 8 8 9 100 0 0 10899814 702127 1007209 918506 250543 323067 -25005 -27122 12132561 1916578 0 0 0 0 575139 550260 78822 94375 94375 907838 1620689 1561799 2265324 10570762 -348746 12834460 12508791 360835 384693 12473625 12124098 X TO PROPEL EARLY-STAGE SCIENCE COMPANIES THROUGH THE DELIVERY OF COMPREHENSIVE RESOURCES, AND TO EMPOWER INNOVATORS TO TRANSFORM GOOD IDEAS INTO GREAT SUCCESSES. 0 0 5429 832464 SCIENCE INCUBATOR SERVICES IS A PROGRAM THAT PROVIDES FLEXIBLE LEASES TO MORE THAN 30 NORTH CAROLINA TECHNOLOGY COMPANIES. IT CONNECTS THESE COMPANIES WITH POTENTIAL INVESTORS AND SUPPORTS ENTREPRENEURS IN DEVELOPING PATENT STRATEGIES TO EXPAND THEIR INTELLECTUAL PROPERTY PORTFOLIOS. 39600 SUBSIDIZED GRANT WRITING SERVICES OFFER NON-DILUTIVE FUNDING STRATEGIES TO ACCEPTED CANDIDATES. THESE SERVICES SUPPORT BOTH PHASE I AND PHASE II SBIR GOVERNMENT GRANT APPLICATIONS, HELPING ENTREPRENEURS SECURE CRITICAL EARLY-STAGE FUNDING. 183339 86042 THE ADVANCED PROTOTYPING FACILITY IS A SUBSCRIPTION-BASED COMMUNITY RESOURCE DESIGNED TO SUPPORT THE DEVELOPMENT OF ADVANCED TECHNOLOGY PRODUCT PROTOTYPES. IT OFFERS DESIGN CONTRACT SERVICES AND MAINTAINS A WIDE RANGE OF HIGH-TECH PROTOTYPING EQUIPMENT TO ASSIST INNOVATORS IN BRINGING THEIR IDEAS TO LIFE. 53465 WHEELSUP ACCELERATOR AND ALL OTHER. 53465 281833 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X KRISTA COVEY 9199908558 PO BOX 13169 DURHAM NC 27709 MARY MUSACCHIA BOARD CHAIR 1.00 X X 0 0 0 KENNETH TINDALL SECRETARY 1.00 X X 0 0 0 LEBONE MOSES TREASURER 1.00 X X 0 0 0 JEAN DAVIS DIRECTOR 1.00 X 0 0 0 PAULA HENDERSON DIRECTOR 1.00 X 0 0 0 JAMES NICHOLS DIRECTOR 1.00 X 0 0 0 MARY BETH THOMAS DIRECTOR 1.00 X 0 0 0 DAN O'KORN DIRECTOR 1.00 X 0 0 0 KRISTA COVEY PRESIDENT 40.00 X 188642 0 0 188642 0 0 1 0 1 0 CUSTOM COATINGS 1101 KEISLER RD SE CONOVER NC 28613 COATING & MAINT. 157510 PROVAN MADE INC 1307 WILDWOOD DRIVE CHAPEL HILL NC 27517 OPERATION OF HANGAR6 125975 STEVENSON CONNER GLOBAL STRATEGIES 204 WHISPERWOOD DRIVE CARY NC 27518 CONSULTING 103364 3 104048 326036 272043 702127 INCUBATOR SERVICE 531120 832464 832464 HANGAR6 PROTOTYPING OP 561499 86042 86042 918506 323067 323067 0 104048 27122 -27122 -27122 1916578 918506 0 295945 X 188642 188642 287884 6834 281050 9642 9642 26229 26229 37863 37863 80794 80794 25004 25004 94375 94375 347203 148148 199055 2849 834 2015 32126 1172 30954 28417 59 28358 256234 20515 235719 30148 7570 22578 2798 300 2498 4165 4165 209001 209001 40203 40203 REPAIRS & MAINTENANCE 437592 16050 421542 MISCELLANEOUS 42496 9427 33069 LIFTOFF - FAST GRANTS 39600 39600 TENANT PROGRAMS 16481 15287 1194 25578 16037 9541 2265324 281833 1889116 94375 1142880 1078688 9269678 6736105 439536 281281 7620 13299 10437953 6038535 1974746 4399418 12834460 12508791 136488 148541 140854 137659 83493 98493 360835 384693 X 12473625 12124098 12473625 12124098 12834460 12508791 -348746 -781 0 X 0 0 1 1 X 1053533 566930 704507 10899814 702127 13926911 995131 858893 846612 1007209 918506 4626351 2048664 1425823 1551119 11907023 1620633 18553262 0 0 0 18553262 63 419 2441 250543 323067 576533 63 419 2441 250543 323067 576533 2048727 1426242 1553560 12157566 1943700 19129795 0.96990 0.98640 0.03010 0.01360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 25004 0 0 25004 0 PART II-B, LINE 1: FIRST FLIGHT VENTURE CENTER, INC. ENGAGED SMITH ANDERSON BLOUNT DORSETT MITCHELL, A LOBBYING FIRM, TO CONSULT WITH THE NORTH CAROLINA STATE GOVERNMENT. THE PURPOSE OF THIS ENGAGEMENT WAS TO ADVOCATE ON BEHALF OF THE ORGANIZATION, ENSURING IT CAN CONTINUE ITS MISSION WITHOUT IMPEDIMENT. 512340 512340 9303893 5642797 3661096 621720 395738 225982 4399418 TENANT SECURITY DEPOSITS 98493 98493 X X X X X X 1 STEVENSON CONNER GLOBAL STRATEGIES 204 WHISPERWOOD DR CARY NC 27518 CONSULTING 0 309122 94375 214747 309122 94375 214747 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY HIGH FLYER LUNCHEON 104048 104048 478 2569 17241 5468 1366 104048 104048 478 2569 17241 5468 1366 27122 -27122 X 0 0 0 0 0 0 0 0 0 KRISTA COVEY PRESIDENT 181679 0 6963 0 0 0 0 0 0 0 188642 0 0 0 PART I, LINE 3 THE BOARD REVIEWS COMPENSATION DATA FROM COMPARABLE NONPROFIT ORGANIZATIONS TO HELP DETERMINE APPROPRIATE EXECUTIVE PAY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990, AND IT IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS COMPENSATION DATA FROM COMPARABLE NONPROFIT ORGANIZATIONS TO HELP DETERMINE APPROPRIATE EXECUTIVE PAY. FORM 990, PART VI, SECTION C, LINE 19 FORM 990S ARE AVAILABLE UPON REQUEST. NO OTHER GOVERNING DOCUMENTS ARE MADE PUBLICLY AVAILABLE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 148,148. MANAGEMENT AND GENERAL EXPENSES 199,055. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 347,203.