Public Charity

Boston-Thurmond Innovation Network

Boston-Thurmond Innovation Network is a nonprofit organization categorized as Public Charity based in Winston Salem, NC. Its most recent IRS filing (2025) reports revenue of $2.6M, expenses of $1.0M, total assets of $2.8M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $344K.

EIN: 824578409 Winston Salem, NC Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$2.6M
Total Expenses$1.0M
Total Assets$2.8M
Grant Records9
Funding Total$344K
Filing Years2021–2025

Mission

To facilitate and support the vision of Boston-Thurmond residents for a strong and economically viable neighborhood that is fully integrated into the broader Winston-Salem community. The Network helps implement an intertwined approach to community revitalization, consistent with the Purpose Built Communities model.

Where $100 goes at Boston-Thurmond Innovation Network

How Boston-Thurmond Innovation Network divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$84
In FY 24-25, we served approximately 460 residents at our office building through community programming including grand opening activities, community town halls, board meetings, and neighborhood association meetings
All program spending · Reported in the filing: 460 residents
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
ORGANIZATIONS HOSTING EVENTS FOR CARE AND LEARNING COALITION
$5,000
2024
For grant recipient's exempt purposes
$151,000
2024
4 grant(s) for varying purposes
$51,500
2023
4 grant(s) for varying purposes
$31,000
2022
2 GRANT(S) FOR VARYING PURPOSES
$28,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

Board Member Anna Reilly
Secretary Claire Tuttle
Board Member David West
Board Member Donald Flow
Board Member Dothula Baron
Vice Chair Doug Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$312,500 6 grants
Arts & Culture
$16,815 1 grant
Animal Welfare
$10,000 1 grant
Unspecified
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.6M $1.0M $2.8M
2024 $987K $963K $1.1M
2023 $1.1M $566K $998K
2022 $472K $214K $497K
2021 $177K $25K $227K

Between 2021 and 2025, reported annual revenue grew from $177K to $2.6M (+1349%), with total assets most recently reported at $2.8M.

Interactive year-over-year charts and full filing details available with membership.

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