2024-08-09T00:25:51-05:00 2023-06-30 560571159 BERNARD ROBINSON & COMPANY LLP 100 E CUMBERLAND STREET DUNN NC 28334 990 2022-07-01 475634044 SHIFT EDUCATION SHIF 3368142233 125 S ELM STREET 500 GREENSBORO NC 27401 WENDY POTEAT PRESIDENT & CEO 3368142233 2024-08-07 1 0 JOHN M ROBINSON P01281319 9108921021 2024-08-06 2022 2024-08-08 14:25:15Z WENDY POTEAT 125 S ELM STREET 500 GREENSBORO NC 27401 8226347 0 X SHIFT-ED.ORG X 2015 NC SHIFT_ED IS COMMITTED TO BOLDLY ACCELERATING STUDENT POTENTIAL. BY CREATING DIVERSE EDUCATIONAL AND WORKFORCE PATHWAYS SHIFT_ED WILL TRANSFORM COMMUNITIES. 27 27 16 50 0 0 680696 7887703 23000 327799 1335 10845 0 -18049 705031 8208298 0 817329 0 0 522095 1070124 0 0 198750 847598 1056439 1369693 2943892 -664662 5264406 860878 6759515 71256 705487 789622 6054028 SHIFT_ED IS COMMITTED TO BOLDLY ACCELERATING STUDENT POTENTIAL. BY CREATING DIVERSE EDUCATIONAL AND WORKFORCE PATHWAYS, SHIFT_ED WILL TRANSFORM COMMUNITIES. 0 0 2346570 817329 327799 REVENUE IS RECEIVED FROM LOCAL GRANTS SPECIFICALLY DIRECTED TO THE ORGANIZAITON. THE ORGANIZATION DISTRIBUTES TUITION ASSISTANCE TO LOCAL STUDENTS FOR LAST DOLLAR SCHOLARSHIPS. 2346570 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 X WENDY POTEAT 3368142233 125 S ELM STREET SUITE 500 GREENSBORO NC 27401 ALICE MOORE BOARD CHAIR 2.00 X X 0 0 0 LARRY CZARDA VICE CHAIR 2.00 X X 0 0 0 MILDRED O POOLE SECRETARY 2.00 X X 0 0 0 CHARTARRA JOYNER TREASURER 2.00 X X 0 0 0 LOUISE BRADY DIRECTOR 1.00 X 0 0 0 TREY DAVIS DIRECTOR 1.00 X 0 0 0 JAKKI DAVIS DIRECTOR 1.00 X 0 0 0 ALAN DUNCAN DIRECTOR 1.00 X 0 0 0 JOHN ENGLAR DIRECTOR 1.00 X 0 0 0 MICHAEL HALFORD DIRECTOR 1.00 X 0 0 0 CYRIL JEFFERSON DIRECTOR 1.00 X 0 0 0 JASON JONES DIRECTOR 1.00 X 0 0 0 WILLIE KEA DIRECTOR 1.00 X 0 0 0 CATHY KNOWLES DIRECTOR 1.00 X 0 0 0 WILLIAM LANEY DIRECTOR 1.00 X 0 0 0 PAUL LESSARD DIRECTOR 1.00 X 0 0 0 BOBBY LONG DIRECTOR 1.00 X 0 0 0 LAUREN MITCHELL DIRECTOR 1.00 X 0 0 0 MINDY OAKLEY DIRECTOR 1.00 X 0 0 0 DR WHITNEY OAKLEY DIRECTOR 1.00 X 0 0 0 COURTNEY PAYNE DIRECTOR 1.00 X 0 0 0 ROBERT POMPEY JR DIRECTOR 1.00 X 0 0 0 DOMINICK ROBINSON DIRECTOR 1.00 X 0 0 0 STEVE RUSSELL DIRECTOR 1.00 X 0 0 0 WALKER SANDERS DIRECTOR 1.00 X 0 0 0 PENNY SIMMONS DIRECTOR 1.00 X 0 0 0 DAWN SPENCER DIRECTOR 1.00 X 0 0 0 WENDY POTEAT PRESIDENT & CEO 40.00 X 286899 0 11249 AMANDA ROSEMANN CHIEF IMPACT OFFICER 40.00 X 173932 0 10589 460831 0 21838 2 0 1 0 0 11610 1010 7875083 7887703 SPONSORS FOR EDUCATION 611710 172380 172380 HELPS PROGRAM 611710 109419 109419 1ST GEN AMBASSADOR PRO 611710 46000 46000 327799 10845 10845 0 11610 18049 -18049 -18049 8208298 327799 0 -7204 817329 817329 247632 205535 17334 24763 671212 433405 108671 129136 10920 7243 1672 2005 68462 46958 9346 12158 71898 49641 10162 12095 2313 2313 33838 33838 116987 40109 72100 4778 73574 62762 5080 5732 224751 119452 105299 44719 31303 5814 7602 34321 21876 12445 7707 639 7068 18886 18886 3082 167 2915 PROGRAM SUPPORT 459702 459702 PROGRAM EVENTS 27572 27572 MISCELLANEOUS 7827 3991 3355 481 LICENSES AND MEMBERSHIP 1160 1160 2943892 2346570 398572 198750 660394 33172 3269708 137500 2750000 90480 177634 32394 62984 145240 0 470915 860878 6759515 71256 116198 0 589289 71256 705487 X 789622 2547856 3506172 789622 6054028 860878 6759515 5264406 0 X 0 1 X 1 0 X 1064981 2684908 2445792 680696 7887703 14764080 1064981 2684908 2445792 680696 7887703 14764080 5385085 9378995 10408 1335 10845 22588 77105 77105 14863773 364549 0.63100 0.98360 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PPP LOAN FORGIVENESS - 2020 AMOUNT: $ 77,105. PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION'S PRIOR YEAR ENDS ARE AS FOLLOWS: 2022 - JUNE 30, 2023 2021 - DECEMBER 31, 2022 2020 - DECEMBER 31, 2021 2019 - DECEMBER 31, 2020 2018 - DECEMBER 31, 2019 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 177634 32394 145240 145240 SECURITY DEPOSIT 17115 RIGHT OF USE ASSET 453800 470915 LEASE LIABILITY 464289 REFUNDABLE ADVANCE 125000 589289 X 8226847 500 500 8226347 -18049 -18049 8208298 2962441 500 18049 18549 2943892 0 2943892 PART X, LINE 2: IT IS SHIFT EDUCATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2023. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES INCLUDED IN REVENUE -18,049. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES INCLUDED IN REVENUE 18,049. 1 SCHOLARSHIPS 821 817329 PART I, LINE 2: STUDENTS MUST COMPLETE THE ORGANIZATION'S APPLICATION PROCESS. THE ORGANIZATION VERIFIES EACH STUDENT'S ENROLLMENT AT AN ELIGIBLE INSTITUTION PRIOR TO DISBURSING FUNDS. TO CONTINUE RECEIVING FUNDS, STUDENTS MUST COMPLETE THE FREE APPLICATION FOR FEDERAL STUDENT AID EACH YEAR, AND MAINTAIN A 2.0 GRADE POINT AVERAGE TAKING 12 CREDIT HOURS OR MORE. X 0 0 0 0 0 0 0 0 0 WENDY POTEAT PRESIDENT & CEO 286899 0 0 0 0 0 3653 0 7596 0 298148 0 0 0 AMANDA ROSEMANN CHIEF IMPACT OFFICER 173932 0 0 0 0 0 2993 0 7596 0 184521 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BUSINESS AFFAIRS COMMITTEE IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE DECIDES ON ALL PAY INCREASES BASED ON EVALUATION OF GOALS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS WILL BE OPEN TO INSPECTION UPON RECEIPT OF WRITTEN REQUEST MADE TO THE ORGANIZATION.