Program areas at First Flight Venture Center
Science incubator services is a program providing flexible leases to more than 30 nc technology companies. It introduces nc technology companies to potential investors, and assists entrepreneurs with patent strategies for increasing their patent estates.
The advanced prototyping facility provides a subscription based community facility for building advanced technology product protoypes. It also provides design contract services and maintains high technology prototyping equipment.
Subsidized grant writing services provide non-dilutive funding strategies for accepted candidates. They also provide subsudized grant writing services for both phase i and phase ii sbir government grants.
Wheelsup accelerator and all other
Who funds First Flight Venture Center
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| NC Idea | 2023-06 | Ecosystem Grants | $25,000 |
| NC Idea | 2023-06 | Engage Grants | $5,000 |
Personnel at First Flight Venture Center
| Name | Title | Compensation | Date of data |
|---|
| Krista Covey | President | $156,604 | 2023-11-01 |
| Peter Ginsberg | Treasurer / Director | $0 | 2022-12-31 |
| Ken Tindall | Secretary | $0 | 2022-12-31 |
| Kenneth Tindall | Secretary , Board Member | $0 | 2021-12-31 |
| Andrew Schwab | President | | 2020-06-04 |
Financials for First Flight Venture Center
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $566,930 | $1,053,533 | -46.2% |
| Program services | $850,706 | $986,252 | -13.7% |
| Investment income and dividends | $419 | $63 | 565.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $77 | $57,350 | -99.9% |
| Net income from fundraising events | $0 | $-3,288 | -100% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $8,187 | $77 | 10532.5% |
| Total revenues | $1,426,319 | $2,093,987 | -31.9% |
Organizations like First Flight Venture Center
| Organization | Type | Location | Revenue |
|---|
| Bioconnect Iowa | 501(c)(3) | Des Moines, IA | $1,803,790 |
| Innovation Depot | 501(c)(3) | Birmingham, AL | $1,192,427 |
| Long Island High Technology Incubator | 501(c)(3) | Stony Brook, NY | $2,672,338 |
| New Orleans Bio Innovation Center | 501(c)(3) | New Orleans, LA | $2,652,468 |
| Berkshire Innovation Center | 501(c)(3) | Pittsfield, MA | $968,470 |
| Nexus Louisiana | 501(c)(3) | Baton Rouge, LA | $2,578,258 |
| Innovation for Green Advanced Transportation Excellence Dev Corporation | 501(c)(3) | Livermore, CA | $484,417 |
| Brite Energy Innovators | 501(c)(3) | Warren, OH | $2,228,427 |
| Arkansas Research Alliance (ARA) | 501(c)(3) | Conway, AR | $2,040,177 |
| Milwaukee Regional Innovation Center | 501(c)(3) | Wauwatosa, WI | $1,244,262 |
Data update history
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technologyCommunity improvementEconomic developmentBusiness and industry
Characteristics
Conducts researchState / local levelReceives government fundingTax deductible donations
General information
- Address
- 2 Davis Dr
- Research Triangle Park, NC 27709
- Metro area
- Durham-Chapel Hill, NC
- County
- Durham County, NC
- Website URL
- ffvcnc.org/Â
- Phone
- (919) 990-8558
IRS details
- EIN
- 56-1752731
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1991
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 5417: Scientific Research and Development Services
- Parent/child status
- Independent
Free account sign-up
Want updates when First Flight Venture Center has new information, or want to find more organizations like First Flight Venture Center?
Create free Cause IQ account