#446of 1,000 in 2025

Boston-Thurmond Innovation Network

Location
Winston Salem, North Carolina
Sector
Community improvement
Founded
2017
407%Three-year growth, FY2022 to FY2025
$2.4MFY2025 revenue
3Employees, FY2025
#23of 56 in Community improvement
#21of 40 in North Carolina

Revenue by fiscal year

FY2022: $470,297 $470K FY22 FY2023: $974,605 $975K FY23 FY2024: $1,075,674 $1.1M FY24 FY2025: $2,384,715 $2.4M FY25

We count pledges when the cash is received, not when they’re promised, so these numbers differ from Boston-Thurmond Innovation Network’s 990. How we count pledges

Where revenue came from, FY2025

Government grants
$1.8M · 74%
Gifts and grants
$611K · 26%
Fundraising events
$500 · 0%
Total revenue on the 990
$2,559,726
Investment income
− $3,624
Donated goods and property
− $24,300
Pledges promised this year, not yet received
− $147,087
Revenue we count
$2,384,715

What it does

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.

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. We conducted inspections and critical repairs of approximately 20K in the Boston-Thurmond neighborhood through our Safe Home Repair Program, preventing displacement of four families. We served approximately 524 in the Boston-Thurmond through digital literacy courses and distribution of laptop computers. We served 11 high school teenagers from 14-18 years old through our Summer Leadership by Design Camp, providing teens with technical skills in planning, architecture, and design. We served approximately 530 mothers through our Forsyth County Birth Stories initiative including sponsoring a community baby shower, and awarding over 20K in mini grants for programs designed to address equitable birth outcomes in the 27105 zip code. Participant satisfaction surveys have been highly favorable.

Leadership

Regina HallExecutive Director
Pat CaldwellResident Vice Chair

EIN 82-4578409 · Full filings on ProPublica

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