Nonprofit · EIN 83-2118860
INNOVATE CHARLOTTE
Tax-exempt · CHARLOTTE, NC 28214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $134,710 | $144,644 | -$9,934 | $87,224 | – | $87,224 |
| December 31, 2023 | 990-EZ | $115,676 | $35,167 | $80,509 | $97,159 | – | $97,159 |
| December 31, 2022 | 990-EZ | $106,677 | $134,175 | -$27,498 | $16,652 | – | $16,652 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $111,189
- Program service revenue
- $23,194
- Investment income
- $327
Expenses
- Grants and similar amounts paid
- $20,100
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $35,294
- Occupancy
- $585
- Printing, publications and postage
- $260
- Other expenses
- $88,405
- Program services (functional)
- $140,507
Balance sheet and other
- Total assets, start of year
- $97,158
- Total assets, end of year
- $87,224
- Total liabilities, end of year
- –
- Net assets, end of year
- $87,224
- Cash, savings and investments
- $87,224
- Gross receipts
- $134,710
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN GARZON | EXECUTIVE DI | 10 | $0 |
| DAVID JONES | BOARD MEMBER | 1 | $0 |
| HOLLY ESKRIDGE | BOARD MEMBER | 1 | $0 |
| DAN ROSELLI | BOARD MEMBER | 1 | $0 |
| KEITH LUEDEMAN | BOARD CHAIR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN GARZON | EXECUTIVE DI | 20 | $0 |
| IGOR GORLATOV | VMS MANAGER | 5 | $0 |
| DAVID JONES | BOARD MEMBER | 1 | $0 |
| HOLY ESKRIDGE | BOARD MEMBER | 1 | $0 |
| DAN ROSELLI | BOARD MEMBER | 1 | $0 |
| KEITH LUEDEMAN | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended December 31, 2022: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN GARZON | EXECUTIVE DI | 40 | $52,019 |
| IGOR GORLATOV | VMS MANAGER | 10 | $0 |
| DAVID JONES | BOARD MEMBER | 1 | $0 |
| HOLY ESKRIDGE | BOARD MEMBER | 1 | $0 |
| DAN ROSELLI | BOARD MEMBER | 1 | $0 |
| KEITH LUEDEMAN | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1819 MOUNTAIN TRAIL DR, CHARLOTTE, NC 28214-5418
- In care of
- % JUAN GARZON
- Mailing address (990-N for 2018)
- 933 Louise Ave Suite 101-A, Charlotte NC 28204
- Principal officer (990-N for 2018)
- Keith Luedeman, 933 Louis Ave Suite 101-A, Charlotte NC 28204
- Signed the 990-EZ
- JUAN GARZON, EXECUTIVE DIRECTOR
- Phone
- (646) 923-0679
- Website
- www.inclt.org
- Return prepared by
- POWDERLY VUCHNICH PLLC
Mission
INNOVATIVE CHARLOTTE (INCLT) IS A NONPROFIT WITH A MISSION TO ENHANCE, ELEVATE, AND ACCELERATE ENTREPRENEURIAL SUCCESS IN GREATER CHARLOTTE REGION. ITS FOCUS IS ON CULTIVATING AN INTENTIONALLY INCLUSIVE AND HIGH IMPACE ECOSYSTEM THAT STIMULATES INNOVATION, ECONOMIC GROWTH AND SOCIETAL CHANGE. INNOVATE CHARLOTTE SEEKS TO SERVE AS THE ECOSYSTEM CONNECTOR - A CENTRAL HUB FROM WHICH DIVERSE STAKEHOLDERS' EFFORTS CAN BE SYNCHONIZED TO MAXIMIZE COLLECTIVE IMPACE.
Program accomplishments
- INNOVATE CHARLOTTE CONDUCTED HUNDREDS OF MENTORSHIP SESSIONS TOTALLING OVER 2270 VOLUNTEER HOURS BY 60 MEMBERS FOR 30 COMPANIES.Expenses $140,507 · grants $20,100
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-2118860
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $87,224
- Income (IRS master file)
- $134,710
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $134,710 | $144,644 | $87,224 | XML |
| 990-EZ | December 2023 | $115,676 | $35,167 | $97,159 | XML |
| 990-EZ | December 2022 | $106,677 | $134,175 | $16,652 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-N for 2018 Officer: Keith Luedeman | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2118860).
Questions about INNOVATE CHARLOTTE
- What is the EIN of INNOVATE CHARLOTTE?
- The employer identification number (EIN) of INNOVATE CHARLOTTE is 83-2118860.
- Is INNOVATE CHARLOTTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to INNOVATE CHARLOTTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNOVATE CHARLOTTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INNOVATE CHARLOTTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INNOVATE CHARLOTTE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of INNOVATE CHARLOTTE?
- The 990-N for 2018 names Keith Luedeman.
- Who are the officers and directors of INNOVATE CHARLOTTE?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does INNOVATE CHARLOTTE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $134,710, expenses of $144,644 and total assets of $87,224 at year end.
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- PROVIDENCE DAY SCHOOL EIN 56-0952382 · last filed 990 for 2025
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- CHARLOTTE LATIN SCHOOLS INC EIN 56-0944449 · last filed 990 for 2025
- JOHNSON C SMITH UNIVERSITY INCORPORATED EIN 25-0983069 · last filed 990 for 2025
- AMITY MEDICAL GROUP INC EIN 47-1195624 · last filed 990 for 2025
- MECKLENBURG PARTNERSHIP FOR CHILDREN EIN 56-1853108 · last filed 990 for 2025
- MOVEMENT CHARTER SCHOOL EIN 47-5153366 · last filed 990 for 2025