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Carolina Fintech Hub

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$277k (2023)

Expenses
$366k (2023)

Total Assets
$15.2k (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2017 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,388
Expenses
$365,511
Net Income
-$88,123
Net Assets
$15,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $277,388
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $250,000
68.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,200
Total Liabilities $0
Net Assets $15,200
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $250,000 $0 $0
David Matthews (Director) $0 $0 $0
Vas Kodali (Director) $0 $0 $0
Steve Boehm (Director) $0 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
John Stoutenger (Secretary And Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,082,602
Expenses
$1,842,110
Net Income
-$759,508
Net Assets
$103,323
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,082,602
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $250,000
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $908,131
49.3%
Assets/Debt
Total Assets $103,323
Total Liabilities $0
Net Assets $103,323
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $250,000 $0 $0
David Matthews (Director) $0 $0 $0
Vas Kodali (Director) $0 $0 $0
Steve Boehm (Director) $0 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
John Stoutenger (Secretary And Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,537,414
Expenses
$1,501,342
Net Income
$36,072
Net Assets
$862,831
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,537,414
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $250,000
16.7%
Professional Fundraising Fees $0
Other Salaries and Wages $584,376
38.9%
Assets/Debt
Total Assets $895,448
Total Liabilities $32,617
Net Assets $862,831
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $250,000 $0 $0
David Matthews (Director) $0 $0 $0
Vas Kodali (Director) $0 $0 $0
Steve Boehm (Director) $0 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
John Stoutenger (Secretary And Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$476,667
Expenses
$945,274
Net Income
-$468,607
Net Assets
$34,404
Notable Sources of Revenue Percent of Total Revenue
Contributions $476,667
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $250,000
26.4%
Professional Fundraising Fees $0
Other Salaries and Wages $311,636
33.0%
Assets/Debt
Total Assets $34,404
Total Liabilities $0
Net Assets $34,404
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $250,000 $0 $0
Tom Desmond (Director) $0 $0 $0
Matthew Herson (Director) $0 $0 $0
Scott Zimmer (Director) $0 $0 $0
Steve Boehm (Director) $0 $0 $0
Jonathan Hartsell (Director) $0 $0 $0
David Matthews (Director) $0 $0 $0
Vas Kodali (Director) $0 $0 $0
Suhas Yerra (Director) $0 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
John Stoutenger (Secretary And Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$910,000
Expenses
$1,220,226
Net Income
-$310,226
Net Assets
$503,011
Notable Sources of Revenue Percent of Total Revenue
Contributions $910,000
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $237,500
19.5%
Professional Fundraising Fees $0
Other Salaries and Wages $289,396
23.7%
Assets/Debt
Total Assets $503,011
Total Liabilities $0
Net Assets $503,011
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $237,500 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
John Stoutenger (Secretary And Director) $0 $0 $0
David Matthews (Director) $0 $0 $0
Vas Kodali (Director) $0 $0 $0
Suhas Yerra (Director) $0 $0 $0
Matthew Herson (Director) $0 $0 $0
Tom Desmond (Director) $0 $0 $0
Scott Zimmer (Director) $0 $0 $0
Jonathan Hartsell (Director) $0 $0 $0
Brian Pope (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$955,100
Expenses
$620,486
Net Income
$334,614
Net Assets
$813,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $955,100
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $200,000
32.2%
Professional Fundraising Fees $0
Other Salaries and Wages $75,000
12.1%
Assets/Debt
Total Assets $813,237
Total Liabilities $0
Net Assets $813,237
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $200,000 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
Thomas Desmond (Vice President And Director) $0 $0 $0
Matt Ribbens (Secretary And Director) $0 $0 $0
David Matthews (Director) $0 $0 $0
Vas Kodali (Director) $0 $0 $0
Suhas Yerra (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$520,100
Expenses
$41,477
Net Income
$478,623
Net Assets
$478,623
Notable Sources of Revenue Percent of Total Revenue
Contributions $520,100
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $33,333
80.4%
Assets/Debt
Total Assets $478,623
Total Liabilities $0
Net Assets $478,623
Compensation
Key Employees and Officers Compensation Related Other
Tariq Bokhari (President) $33,333 $0 $0
Michael Wallace (Treasurer And Director) $0 $0 $0
Thomas Desmond (Vice President And Director) $0 $0 $0
Matt Ribbens (Secretary And Director) $0 $0 $0
David Matthews (Director) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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