EIN 81-3076695

Gaston Innovation Group

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2016
Most recent tax filings
2022-12-01
Description
Gaston Innnovation Group, Inc., was formed for the purpose of improving the socio-economic conditions for citizens of Gaston County, North Carolina, by stimulating job growth through digital inclusion, small business formation and entrepreneurship.
Total revenues
$766,164
2022
Total expenses
$476,405
2022
Total assets
$287,294
2022
Num. employees
1
2022

Program areas at Gaston Innovation Group

K-12 STEM Classes1,031 youth served in 2022 with K-12 STEMRowing & Robotics Summer Camp, June- July 20222 Video Game Design Camps, July and Aug 2022Robotics Classes and First Lego League Competition Classes, Jan through Dec 2022Sunday Coding Club classes, Jan through Dec 2022, both elementary and middle school youth classesDream Center Robotics Classes- after school program for underserved, 2 days per weekGrowth Entrepreneurial Mindset (GEM) Training, Jan through March 2022, middle school youth and a few adults. GEM combined with Robotics training starting April 2022. Summer Coding Camp in June 2022 for elementary school youthMIT Edgerton Flashlights Course, Oct 2022, ages 9-13 City of Belmont helped subsidize K-12 STEM and operational expenses with $330,000K from the NCDOC directed state grant.Charlotte SIM Grant funded $5K for K-12 STEM Courses
Various Adult Entrepreneurial and Tech Daily Courses193 adults served in 2022 with various courses and trainingMonthly Lunch & Learns for Entrepreneurs Drive Sales with Digital MarketingCybersecurity for Small BusinessDeal Desk Sessions with seasoned entrepreneurs/investors PMP Adult Certification Course in July 2022 for 12 Analytics Pathway- Excel, Etc (4 part series) City of Belmont helped subsidize the adult education, training, and operational expenses with $120,000K from the NCDOC directed state grant.
Pearson Vue Certification Testing CenterTechWorks is open to the public for certification testing approximately 4-5 days/week. It's the only public certification testing center in Gaston County. We have paid proctors who manage the testing center. 491 testers used the center in 2022.TechWorks Testing Center was closed from Feb 2022 through Aug 2022 for an infrastructure upgrade. The David Belk Canon Foundation provided a $25K grant to pay for the testing center upgrade and help subsidize the operating costs for the testing center.City of Belmont helped subsidize this County wide benefit, only available through TechWorks, with $50K from the NCDOC directed state grant.

Who funds Gaston Innovation Group

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cla FoundationGeneral Operating Grant$15,000

Personnel at Gaston Innovation Group

NameTitleCompensation
Terry CoxExecutive Director$110,000

Financials for Gaston Innovation Group

RevenuesFYE 12/2022
Total grants, contributions, etc.$530,000
Program services$8,710
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$226,534
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$920
Total revenues$766,164

Form 990s for Gaston Innovation Group

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122023-02-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-02-03990View PDF
...and 1 more Form 990

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Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Gaston Community Foundation
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Employment organizationsBusiness and community development organizationsCharities
Issues
EducationBusiness and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
52a Ervin St
Belmont, NC 28012
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Gaston County, NC
Website URL
techworksgaston.com/ 
Phone
(704) 604-4808
IRS details
EIN
81-3076695
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
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