Project Kitty Hawk Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE TECHNOLOGY AND ONLINE EDUCATION SERVICES TO UNIVERSITY OF NORTH CAROLINA INSTITUTIONS TO MEET THE NEEDS OF ADULT LEARNERS AND TO EXPAND ACCESSIBILITY TO HIGHER EDUCATION FOR TRADITIONALLY UNDERSERVED POPULATIONS.
- Income
- $40.4 million
- Spending
- $29.9 million
- Spent on programs
- 61%
- Reserves
- 20.1 months of spending
- Largest source of income
- government grants, 61%
- Employees
- 68
- Volunteers
- 0
- Highest pay
- $490,479, former ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 88% of charities in its peer group (education, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 20.1 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
15 of 15Income rose 16% on the year before.
Spending floor
8 of 1561% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 50% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $18.2 million spent. THE ORGANIZATION HAS CONTINUED SERVICES AT EAST CAROLINA UNIVERSITY, NORTH CAROLINA CENTERAL UNIVERSITY AND APPALACHIAN STATE UNIVERSITY.A. MARKETING AND ADMISSION: ATTRACT AND ENGAGE PROSPECTIVE STUDENTS, INCREASE AWARENESS OF PROGRAMS AND DRIVE ENROLLMENT THROUGH TARGETED MARKETING AND STUDENT RECRUITMENT.B. STUDENT SERVICES AND SUPPORT: PROVIDE ONGOING ASSISTANCE TO HELP STUDENTS NAVIGATE THEIR EDUCATION EXPERIENCE THROUGH COACHING, 24/7 TECHNICAL SUPPORT, MENTAL HEALTH SERVICES AND ON-DEMAND TUTORING SERVICES.C. FACULTY SERVICES: ATTRACH AND RETAIN TALENT BY PROVIDING PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND ONGOING SUPPORT.D. PARTNERSHIP MANAGEMENT: UTILIZE COMPREHENSIVE MARKET ANALYSIS AND DATA TO MAKE INFORMED DECISION ABOUT PROGRAMS, REPORTING AND PROCESSES. THE ORGANIZATION BROUGHT BACK 2,147 STUDENTS TO THE UNC SYSTEM THROUGH ITS' ENROLLMENT PROGRAM, DEVELOPED OVER 200 COURSES SINCE INCEPTION AND STARTED 1,469 NEW STUDENTS IN PROGRAMS POWERED BY THE ORGANIZATION.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.