Civic Intelligence

Triangle Aquatic Center

990 • Fiscal year 2018 • EIN 14-1839387

Jan 01, 2018 to Dec 31, 2018 • Filed on May 08, 2019

Organization ProfileWWW.TRIANGLEAQUATICS.ORG

View Organization Page

275 Convention DriveCary, NC 27511

(919) 656-5322

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.73x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.60x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

48th percentile

2.5%

Higher net margin than 48% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

38th percentile

-0.7%

Faster asset growth than 38% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$16,223,972

Down $115,149 (-0.7%) from 2017

Net Assets

Up

$4,454,233

Up $113,888 (+2.6%) from 2017

Liabilities

Down

$11,769,739

Down $229,037 (-1.9%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin48th percentile

Revenue

Up

$4,525,039

Up $709,989 (+19%) from 2017

Expenses

Up

$4,411,151

Up $424,862 (+11%) from 2017

Net Income

Up

$113,888

Up $285,127 (+167%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $18,522,080Liabilities 2011: $13,548,916Net Assets 2011: $4,973,1642011Assets 2012: $18,113,244Liabilities 2012: $13,253,042Net Assets 2012: $4,860,2022012Assets 2013: $17,866,474Liabilities 2013: $12,900,041Net Assets 2013: $4,966,4332013Assets 2014: $17,364,939Liabilities 2014: $12,481,890Net Assets 2014: $4,883,0492014Assets 2015: $17,272,387Liabilities 2015: $12,448,070Net Assets 2015: $4,824,3172015Assets 2016: $16,761,314Liabilities 2016: $12,249,730Net Assets 2016: $4,511,5842016Assets 2017: $16,339,121Liabilities 2017: $11,998,776Net Assets 2017: $4,340,3452017Assets 2018: $16,223,972Liabilities 2018: $11,769,739Net Assets 2018: $4,454,2332018Assets 2019: $18,306,731Liabilities 2019: $13,802,194Net Assets 2019: $4,504,5372019Assets 2020: $15,537,026Liabilities 2020: $14,439,821Net Assets 2020: $1,097,2052020Assets 2021: $23,604,525Liabilities 2021: $17,638,716Net Assets 2021: $5,965,8092021Assets 2022: $24,930,692Liabilities 2022: $18,509,918Net Assets 2022: $6,420,7742022Assets 2023: $25,827,862Liabilities 2023: $19,084,691Net Assets 2023: $6,743,1712023

Highlighted filing

2018

Assets$16,223,972
Liabilities$11,769,739
Net Assets$4,454,233
Open 2018 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,575,135Expenses 2011: $2,642,594Net Income 2011: -$67,4592011Revenue 2012: $2,466,955Expenses 2012: $2,579,917Net Income 2012: -$112,9622012Revenue 2013: $3,489,316Expenses 2013: $3,383,085Net Income 2013: $106,2312013Revenue 2014: $3,073,268Expenses 2014: $3,156,652Net Income 2014: -$83,3842014Revenue 2015: $3,279,350Expenses 2015: $3,338,082Net Income 2015: -$58,7322015Revenue 2016: $3,485,224Expenses 2016: $3,797,957Net Income 2016: -$312,7332016Revenue 2017: $3,815,050Expenses 2017: $3,986,289Net Income 2017: -$171,2392017Revenue 2018: $4,525,039Expenses 2018: $4,411,151Net Income 2018: $113,8882018Revenue 2019: $5,532,700Expenses 2019: $5,482,396Net Income 2019: $50,3042019Revenue 2020: $4,204,626Expenses 2020: $7,611,958Net Income 2020: -$3,407,3322020Revenue 2021: $5,716,572Expenses 2021: $4,759,287Net Income 2021: $957,2852021Revenue 2022: $6,275,606Expenses 2022: $5,820,641Net Income 2022: $454,9652022Revenue 2023: $4,919,219Expenses 2023: $4,596,822Net Income 2023: $322,3972023

Highlighted filing

2018

Revenue$4,525,039
Expenses$4,411,151
Net Income$113,888
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 8, 2019
Return Version
2018v3.1
Gross Receipts
$4,525,421
Mission and Program Overview

Mission

To build and operate public aquatic facilities for the health, safety, recreation and competition needs of triangle citizens and aquatic organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,132,320$15,675,735▼ $456,585
Cash and Non-Interest-Bearing Accounts$185,801$548,237▲ $362,436
Other Notes and Loans Receivable, Net$20,000--
Total Assets$16,339,121$16,223,972▼ $115,149
Other Assets Total$1,000--
Liabilities
Other Liabilities$11,998,776$11,769,739▼ $229,037
Total Liabilities$11,998,776$11,769,739▼ $229,037
Net Assets / Fund Balance
Unrestricted Net Assets$4,340,345$4,390,706▲ $50,361
Temporarily Rstr Net Assets-$63,527-
Total Net Assets Fund Balance$4,340,345$4,454,233▲ $113,888
Total Liabilities and Net Assets / Fund Balance$16,339,121$16,223,972▼ $115,149

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,511,160-$4,511,160
Equipment$83,520$457,154$540,674
Other Land Buildings$4,912$122,919$127,831
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Michael CurranChairman
Kevin ChignellVice Chairma
Robyn CurranSecretary
Anna HergenraderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$819,850
Program Service Revenue
$3,499,979
Investment Income
$2,514
Other Revenue
$202,696
All Other Contributions
$569,850
Change in Net Assets
$113,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,563,704
Salaries, Compensation, and Employee Benefits$847,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$685,286$76,143-$761,429
Interest$750,105--$750,105
Depreciation Depletion$453,624$2,962-$456,586
Other Expenses$201,472--$201,472
All Other Expenses$132,919$28,488-$161,407
Payroll Taxes$51,346$5,705-$57,051
Insurance$43,934--$43,934
Information Technology-$41,585-$41,585
Other Employee Benefits$24,072$2,674-$26,746
Fees for Services Other-$22,517-$22,517
Office Expenses-$15,329-$15,329
Fees for Services Accounting-$8,695-$8,695
Advertising-$7,576-$7,576
Pension Plan Contributions$1,999$222-$2,221
Fees for Services Legal-$125-$125
Total Functional Expenses$4,199,130$212,021$0$4,411,151
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
N/p - Curran Foundation$6,701,268
Bonds Payable- Lt$4,500,000
Bonds Payable- St$500,000
Triton Booster Club$29,035
Scholarships Payable$20,094
Dues Reduction$12,132
Prepaid Lessons$6,311
Retirement Plan Payable$899
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The president of the organization is provided a copy of the form 990 to review before finalizing.”

Form 990, Page 6, Part VI, Line 12C

“Any conflicts of interest are required to be disclosed to the board chair, and each board member signs a conflict of interest policy annually.”

Form 990, Page 6, Part VI, Line 15A

“Top officials in this organization are not monetarily compensated. They are volunteers.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to the public upon request, and some are available on the organization's website, www.triangleaquatics.org.”

Filing and Contact Details

Filer

Filer Name
Triangle Aquatic Center
EIN
14-1839387
Phone
9196565322
Address
275 CONVENTION DRIVE, CARY, NC 27511

Signing Officer

Name
Michael Curran
Title
Chairman
Phone
9194610770
Signed
2019-05-08

Organization Details

Principal Officer
Michael Curran
Formed
2002
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
198
Volunteers
15

Preparer

Firm
James a Lucas and Company Llp
Address
4909 WESTERN BLVD STE 200, RALEIGH, NC 27606-1749
Preparer
Anna Hergenrader
Phone
9198514696
Raw XML Appendix395 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO BUILD AND OPERATE PUBLIC AQUATIC FACILITIES FOR THE HEALTH, SAFETY, RECREATION AND COMPETITION NEEDS OF TRIANGLE CITIZENS AND AQUATIC ORGANIZATIONS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt07576
IRS990/AdvertisingGrp/TotalAmt07576
IRS990/AllOtherContributionsAmt0569850
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt028488
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0132919
IRS990/AllOtherExpensesGrp/TotalAmt0161407
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JAMES A LUCAS AND COMPANY LLP
IRS990/BooksInCareOfDetail/PhoneNum09198514696
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04909 WESTERN BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027606
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0185801
IRS990/CashNonInterestBearingGrp/EOYAmt0548237
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0819850
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02514
IRS990/CYOtherExpensesAmt03563704
IRS990/CYOtherRevenueAmt0202696
IRS990/CYProgramServiceRevenueAmt03499979
IRS990/CYRevenuesLessExpensesAmt0113888
IRS990/CYSalariesCompEmpBnftPaidAmt0847447
IRS990/CYTotalExpensesAmt04411151
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04525039
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02962
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0453624
IRS990/DepreciationDepletionGrp/TotalAmt0456586
IRS990/Desc0AQUATIC SERVICES - TO BUILD AND OPERATE PUBLIC AQUATIC FACILITIES FOR THE HEALTH, SAFETY,RECREATION AND COMPETITION NEEDS OF TRIANGLE CITIZENS AND AQUATIC ORGANIZATIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0198
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03997658
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08695
IRS990/FeesForServicesAccountingGrp/TotalAmt08695
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0125
IRS990/FeesForServicesLegalGrp/TotalAmt0125
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt022517
IRS990/FeesForServicesOtherGrp/TotalAmt022517
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CURRAN
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN CHIGNELL
IRS990/Form990PartVIISectionAGrp/PersonNm2ANNA HERGENRADER
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBYN CURRAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0642
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0250000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01024
IRS990/GrossReceiptsAmt04525421
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt041585
IRS990/InformationTechnologyGrp/TotalAmt041585
IRS990/InsuranceGrp/ProgramServicesAmt043934
IRS990/InsuranceGrp/TotalAmt043934
IRS990/InterestGrp/ProgramServicesAmt0750105
IRS990/InterestGrp/TotalAmt0750105
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01872
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01872
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05006182
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016132320
IRS990/LandBldgEquipBasisNetGrp/EOYAmt015675735
IRS990/LandBldgEquipCostOrOtherBssAmt020681917
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0382
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO BUILD AND OPERATE PUBLIC AQUATIC FACILITIES FOR THE HEALTH, SAFETY, RECREATION AND COMPETITION NEEDS OF TRIANGLE CITIZENS AND AQUATIC ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04340345
IRS990/NetAssetsOrFundBalancesEOYAmt04454233
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0642
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0642
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015329
IRS990/OfficeExpensesGrp/TotalAmt015329
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02674
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024072
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026746
IRS990/OtherExpensesGrp/Desc0TITANS SWIM TEAM EXP
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3EXPANSION BUILD OUT
IRS990/OtherExpensesGrp/ProgramServicesAmt01194173
IRS990/OtherExpensesGrp/ProgramServicesAmt1336296
IRS990/OtherExpensesGrp/ProgramServicesAmt2323904
IRS990/OtherExpensesGrp/ProgramServicesAmt3201472
IRS990/OtherExpensesGrp/TotalAmt01194173
IRS990/OtherExpensesGrp/TotalAmt1336296
IRS990/OtherExpensesGrp/TotalAmt2323904
IRS990/OtherExpensesGrp/TotalAmt3201472
IRS990/OtherLiabilitiesGrp/BOYAmt011998776
IRS990/OtherLiabilitiesGrp/EOYAmt011769739
IRS990/OtherRevenueMiscGrp/Desc0CORPORATE SPONSORSHIP
IRS990/OtherRevenueMiscGrp/Desc1TAC ENDOWMENT
IRS990/OtherRevenueMiscGrp/Desc2OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0102211
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt184775
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt215710
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0102211
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt184775
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt215710
IRS990/OtherRevenueTotalAmt0202696
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt076143
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0685286
IRS990/OtherSalariesAndWagesGrp/TotalAmt0761429
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05705
IRS990/PayrollTaxesGrp/ProgramServicesAmt051346
IRS990/PayrollTaxesGrp/TotalAmt057051
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0222
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01999
IRS990/PensionPlanContributionsGrp/TotalAmt02221
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHAEL CURRAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TITANS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FACILITY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2POOL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3I SWIM FOR CAMPAIGN
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02329156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1614089
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2541734
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02329156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1614089
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2541734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION IS RAISING MONEY TO EXPAND IT'S FACILITIES IN MULTIPLE PHASES. THE MONEY IS BEING RAISED IN VARIOUS WAYS, THROUGH DONATIONS, COUNTY GRANT INCOME AND OTHER METHODS. THE MONEY THAT IS RAISED IS EARMARKED AS TEMPORARILY RESTRICTED, AND IS BEING RELEASED FROM RESTRICTION AS THE COSTS OF EXPANSION ARE INCURRED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0201472
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0519745
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0302
IRS990/PYOtherExpensesAmt03233338
IRS990/PYOtherRevenueAmt0108306
IRS990/PYProgramServiceRevenueAmt03186697
IRS990/PYRevenuesLessExpensesAmt0-171239
IRS990/PYSalariesCompEmpBnftPaidAmt0752951
IRS990/PYTotalExpensesAmt03986289
IRS990/PYTotalRevenueAmt03815050
IRS990/ReconcilationRevenueExpnssAmt0113888
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03484979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0819850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0519745
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0486623
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0526335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0506202
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02858755
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03704547
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03295305
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02998601
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02753015
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02570252
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015321720
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt018180475
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04524397
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03815050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03485224
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03279350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03076454
IRS990ScheduleA/Total509Grp/TotalAmt018180475
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04524397
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03815050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03485224
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03279350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03076454
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt018180475
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt083520
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0457154
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0540674
IRS990ScheduleD/LandGrp/BookValueAmt04511160
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04511160
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04912
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0122919
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0127831
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06701268
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt329035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt420094
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt512132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt66311
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt7899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0N/P - CURRAN FOUNDATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BONDS PAYABLE- LT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BONDS PAYABLE- ST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TRITON BOOSTER CLUB
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SCHOLARSHIPS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5DUES REDUCTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PREPAID LESSONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc7RETIREMENT PLAN PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04599592
IRS990ScheduleD/TotalLiabilityAmt011769739
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT OF THE ORGANIZATION IS PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE FINALIZING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED TO THE BOARD CHAIR, AND EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TOP OFFICIALS IN THIS ORGANIZATION ARE NOT MONETARILY COMPENSATED. THEY ARE VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST, AND SOME ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.TRIANGLEAQUATICS.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt063527
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt016339121
IRS990/TotalAssetsEOYAmt016223972
IRS990/TotalAssetsGrp/BOYAmt016339121
IRS990/TotalAssetsGrp/EOYAmt016223972
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0819850
IRS990/TotalEmployeeCnt0198
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0212021
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04199130
IRS990/TotalFunctionalExpensesGrp/TotalAmt04411151
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011998776
IRS990/TotalLiabilitiesEOYAmt011769739
IRS990/TotalLiabilitiesGrp/BOYAmt011998776
IRS990/TotalLiabilitiesGrp/EOYAmt011769739
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04340345
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04454233
IRS990/TotalProgramServiceExpensesAmt04199130
IRS990/TotalProgramServiceRevenueAmt03499979
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03705189
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04525039
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt016339121
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016223972
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04340345
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04390706
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0238 MICHELANGELO WAY
IRS990/USAddress/CityNm0CARY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027518
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.TRIANGLEAQUATICS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CURRAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09194610770
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIANGLE AQUATIC CENTER
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0141839387
ReturnHeader/Filer/PhoneNum09196565322
ReturnHeader/Filer/USAddress/AddressLine1Txt0275 CONVENTION DRIVE
ReturnHeader/Filer/USAddress/CityNm0CARY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027511
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02B6453E6FCC02801D862A793A0E99B7A9F097BC3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02B6453E6FCC02801D862A793A0E99B7A9F097BC3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.26.10.130
ReturnHeader/FilingSecurityInformation/IPDt02019-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:23:03
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561137607
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES A LUCAS AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04909 WESTERN BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0276061749
ReturnHeader/PreparerPersonGrp/PhoneNum09198514696
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA HERGENRADER
ReturnHeader/ReturnTs02019-05-14T11:23:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,223,972
Liabilities
$11,769,739
Net assets
$4,454,233
Revenue
$4,525,039
Expenses
$4,411,151
Net income
$113,888
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$25.8$19.1$6.74$4.92$4.60$0.32
2022Detailed filing. Detailed filing data is available for this year.$24.9$18.5$6.42$6.28$5.82$0.45
2021Detailed filing. Detailed filing data is available for this year.$23.6$17.6$5.97$5.72$4.76$0.96
2020Detailed filing. Detailed filing data is available for this year.$15.5$14.4$1.10$4.20$7.61$3.41
2019Detailed filing. Detailed filing data is available for this year.$18.3$13.8$4.50$5.53$5.48$0.05
2018Detailed filing. Detailed filing data is available for this year.$16.2$11.8$4.45$4.53$4.41$0.11
2017Detailed filing. Detailed filing data is available for this year.$16.3$12.0$4.34$3.82$3.99$0.17
2016Summary only. Only limited summary data is available for this year.$16.8$12.2$4.51$3.49$3.80$0.31
2015Detailed filing. Detailed filing data is available for this year.$17.3$12.4$4.82$3.28$3.34$0.06
2014Detailed filing. Detailed filing data is available for this year.$17.4$12.5$4.88$3.07$3.16$0.08
2013Summary only. Only limited summary data is available for this year.$17.9$12.9$4.97$3.49$3.38$0.11
2012Summary only. Only limited summary data is available for this year.$18.1$13.3$4.86$2.47$2.58$0.11
2011Summary only. Only limited summary data is available for this year.$18.5$13.5$4.97$2.58$2.64$0.07