Civic Intelligence

Triangle Sports Commission Inc.

990EZ • Fiscal year 2020 • EIN 30-0151626

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 03, 2021

205 Keybridge DriveMorrisville, NC 27560

(919) 616-3175

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

90th percentile

41%

Higher net margin than 90% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

84%

Faster asset growth than 90% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-85%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$18,079

Up $5,894 (+48%) from 2017

Net Assets

Up

$18,079

Up $5,894 (+48%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$19,974

Down $63,674 (-76%) from 2017

Expenses

Down

$11,707

Down $71,091 (-86%) from 2017

Net Income

Up

$8,267

Up $7,417 (+873%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2013: $5,726Net Assets 2013: $5,7262013Assets 2014: $2,252Net Assets 2014: $2,2522014Assets 2015: $11,702Net Assets 2015: $11,7022015Assets 2016: $11,335Net Assets 2016: $11,3352016Assets 2017: $12,185Net Assets 2017: $12,1852017Assets 2020: $18,079Net Assets 2020: $18,0792020Assets 2021: $44,628Net Assets 2021: $44,6282021Assets 2022: $43,981Liabilities 2022: $0Net Assets 2022: $43,9812022Assets 2024: $53,867Liabilities 2024: $1,000Net Assets 2024: $52,8672024

Highlighted filing

2020

Assets$18,079
Liabilities-
Net Assets$18,079

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $45,849Expenses 2013: $53,905Net Income 2013: -$8,0562013Revenue 2014: $46,738Expenses 2014: $50,211Net Income 2014: -$3,4732014Revenue 2015: $170,448Expenses 2015: $160,998Net Income 2015: $9,4502015Revenue 2016: $174,027Expenses 2016: $174,394Net Income 2016: -$3672016Revenue 2017: $83,648Expenses 2017: $82,798Net Income 2017: $8502017Revenue 2020: $19,974Expenses 2020: $11,707Net Income 2020: $8,2672020Revenue 2021: $184,855Expenses 2021: $158,306Net Income 2021: $26,5492021Revenue 2022: $346,223Expenses 2022: $346,870Net Income 2022: -$6472022Revenue 2024: $456,602Expenses 2024: $469,624Net Income 2024: -$13,0222024

Highlighted filing

2020

Revenue$19,974
Expenses$11,707
Net Income$8,267
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 3, 2021
Return Version
2020v4.0
Gross Receipts
$19,974
Mission and Program Overview

Mission

To promote the triangle (raleigh/durham/chapel hill/cary, nc) as a premier sports destination and seek to positively impact the region through one of the country's fastest growing industries - sports tourism.

Program Services

DescriptionGrantsExpenses
NC HIGH SCHOOL FOOTBALL CHAMPIONSHIPS: THE 2020 NORTH CAROLINA HIGH SCHOOL FOOTBALL CHAMPIONSHIP WAS MOVED FROM DECEMBER 2020 TO MAY 2021 DUE TO COVID-19. EXPENSES WERE INCURRED IN 2020. THE CHAMPIONSHIPS ARE HEADED BY THE TRIANGLE SPORTS COMMISSION IN PARTNERSHIP WITH DUKE UNIVERSITY AS THE VENUE HOST.-$10,284
THE NC SWIMMING HALL OF FAME: THE NC SWIMMING HALL OF FAME WAS FOUNDED IN 1985 TO RECOGNIZE OUTSTANDING ACHIEVEMENTS IN, AND CONTRIBUTIONS TO, THE SPORT OF SWIMMING IN NORTH CAROLINA. THE HALL RECOGNIZES ACHIEVEMENTS ACROSS ALL MAJOR AQUATIC SPORTS INCLUDING DIVING, MASTERS SWIMMING, OPEN WATER SWIMMING, SYNCHRONIZED SWIMMING, AND WATER POLO. THIS EVENT WAS TO BE HELD IN APRIL 2020. ALTHOUGH EXPENSES WERE INCURRED, DUE TO COVID 19, THE EVENT HAS BEEN POSTPONED UNTIL 2021.-$507
US MASTERS SWIMMING HIGH PERFORMANCE CAMP: THIS CAMP IS OFFERED TO MASTERS SWIMMERS THROUGH THE COMBINED EFFORTS OF US MASTERS SWIMMING, THE TRIANGLE SPORTS COMMISSION, AND THE GREENSBORO AQUATICS CENTER. THE CAMP IS HOSTED EACH YEAR BY THE TRIANGLE SPORTS COMMISSION, A US MASTERS SWIMMING COMMUNITY PARTNER. THE CAMP IS FOR MASTERS SWIMMERS SEEKING TO ADVANCE THEIR SKILLS AND PERFORMANCE. CAMPERS ARE TAUGHT AND ANALYZED BY OUTSTANDING USMS COACHES AND PROFESSIONALS IN THE FIELDS OF SPORTS PSYCHOLOGY, PHYSIOLOGY, BIOMECHANICS, NUTRITION, TECHNIQUE, AND RESISTANCE AND FLEXIBILITY TRAINING. ALTHOUGH THE 2020 CAMP WAS CANCELLED DUE TO COVID-19, EXPENSES WERE INCURRED WHICH CARRY OVER TO THE 2021 CAMP.-$295
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HILL CARROWDirector / CPT$0--
MCLEAN BRADSHAWDirector-$0--
BRIAN HOYLEDirector-$0--
SUSAN JOHNSONDirector-$0--
NAN HANNAHChair, Bod-$0--
Filing and Contact Details

Filer

Filer Name
Triangle Sports Commission
EIN
30-0151626
Phone
9196163175
Address
205 KEYBRIDGE DRIVE, MORRISVILLE, NC 27560

Signing Officer

Name
Hill Carrow
Title
Director / CEO
Phone
9196163175
Signed
2021-09-03
Discuss with paid preparer
Yes

Preparer

Firm
Linton & Associates Pa
Address
5011 SOUTHPARK DR SUITE 100, DURHAM, NC 27713
Preparer
Gwen S Adams CPA
Phone
9194895399
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses books/subsc/dues/conf. 534 bank fees 53 interest 34 usms highperformance camp 295 nc swim hall of fame 507 state football champions 10,284 total 11,707

Form 990-ez, Part III

To promote the triangle (raleigh/durham/chapel hill/cary, nc) as a premier sports destination and seek to positively impact the region through one of the country's fastest growing industries - sports tourism.

Form 990-ez, Part III, Line 28

Nc high school football championships: the 2020 north carolina high school football championship was moved from december 2020 to may 2021 due to covid-19. Expenses were incurred in 2020. The championships are headed by the triangle sports commission in partnership with duke university as the venue host.

Form 990-ez, Part III, Line 29

The nc swimming hall of fame: the nc swimming hall of fame was founded in 1985 to recognize outstanding achievements in, and contributions to, the sport of swimming in north carolina. The hall recognizes achievements across all major aquatic sports including diving, masters swimming, open water swimming, synchronized swimming, and water polo. This event was to be held in april 2020. Although expenses were incurred, due to covid 19, the event has been postponed until 2021.

Form 990-ez, Part III, Line 30

Us masters swimming high performance camp: this camp is offered to masters swimmers through the combined efforts of us masters swimming, the triangle sports commission, and the greensboro aquatics center. The camp is hosted each year by the triangle sports commission, a us masters swimming community partner. The camp is for masters swimmers seeking to advance their skills and performance. Campers are taught and analyzed by outstanding usms coaches and professionals in the fields of sports psychology, physiology, biomechanics, nutrition, technique, and resistance and flexibility training. Although the 2020 camp was cancelled due to covid-19, expenses were incurred which carry over to the 2021 camp.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE NC SWIMMING HALL OF FAME: THE NC SWIMMING HALL OF FAME WAS FOUNDED IN 1985 TO RECOGNIZE OUTSTANDING ACHIEVEMENTS IN, AND CONTRIBUTIONS TO, THE SPORT OF SWIMMING IN NORTH CAROLINA. THE HALL RECOGNIZES ACHIEVEMENTS ACROSS ALL MAJOR AQUATIC SPORTS INCLUDING DIVING, MASTERS SWIMMING, OPEN WATER SWIMMING, SYNCHRONIZED SWIMMING, AND WATER POLO. THIS EVENT WAS TO BE HELD IN APRIL 2020. ALTHOUGH EXPENSES WERE INCURRED, DUE TO COVID 19, THE EVENT HAS BEEN POSTPONED UNTIL 2021.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2US MASTERS SWIMMING HIGH PERFORMANCE CAMP: THIS CAMP IS OFFERED TO MASTERS SWIMMERS THROUGH THE COMBINED EFFORTS OF US MASTERS SWIMMING, THE TRIANGLE SPORTS COMMISSION, AND THE GREENSBORO AQUATICS CENTER. THE CAMP IS HOSTED EACH YEAR BY THE TRIANGLE SPORTS COMMISSION, A US MASTERS SWIMMING COMMUNITY PARTNER. THE CAMP IS FOR MASTERS SWIMMERS SEEKING TO ADVANCE THEIR SKILLS AND PERFORMANCE. CAMPERS ARE TAUGHT AND ANALYZED BY OUTSTANDING USMS COACHES AND PROFESSIONALS IN THE FIELDS OF SPORTS PSYCHOLOGY, PHYSIOLOGY, BIOMECHANICS, NUTRITION, TECHNIQUE, AND RESISTANCE AND FLEXIBILITY TRAINING. ALTHOUGH THE 2020 CAMP WAS CANCELLED DUE TO COVID-19, EXPENSES WERE INCURRED WHICH CARRY OVER TO THE 2021 CAMP.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BOOKS/SUBSC/DUES/CONF. 534 BANK FEES 53 INTEREST 34 USMS HIGHPERFORMANCE CAMP 295 NC SWIM HALL OF FAME 507 STATE FOOTBALL CHAMPIONS 10,284 TOTAL 11,707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROMOTE THE TRIANGLE (RALEIGH/DURHAM/CHAPEL HILL/CARY, NC) AS A PREMIER SPORTS DESTINATION AND SEEK TO POSITIVELY IMPACT THE REGION THROUGH ONE OF THE COUNTRY'S FASTEST GROWING INDUSTRIES - SPORTS TOURISM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NC HIGH SCHOOL FOOTBALL CHAMPIONSHIPS: THE 2020 NORTH CAROLINA HIGH SCHOOL FOOTBALL CHAMPIONSHIP WAS MOVED FROM DECEMBER 2020 TO MAY 2021 DUE TO COVID-19. EXPENSES WERE INCURRED IN 2020. THE CHAMPIONSHIPS ARE HEADED BY THE TRIANGLE SPORTS COMMISSION IN PARTNERSHIP WITH DUKE UNIVERSITY AS THE VENUE HOST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE NC SWIMMING HALL OF FAME: THE NC SWIMMING HALL OF FAME WAS FOUNDED IN 1985 TO RECOGNIZE OUTSTANDING ACHIEVEMENTS IN, AND CONTRIBUTIONS TO, THE SPORT OF SWIMMING IN NORTH CAROLINA. THE HALL RECOGNIZES ACHIEVEMENTS ACROSS ALL MAJOR AQUATIC SPORTS INCLUDING DIVING, MASTERS SWIMMING, OPEN WATER SWIMMING, SYNCHRONIZED SWIMMING, AND WATER POLO. THIS EVENT WAS TO BE HELD IN APRIL 2020. ALTHOUGH EXPENSES WERE INCURRED, DUE TO COVID 19, THE EVENT HAS BEEN POSTPONED UNTIL 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4US MASTERS SWIMMING HIGH PERFORMANCE CAMP: THIS CAMP IS OFFERED TO MASTERS SWIMMERS THROUGH THE COMBINED EFFORTS OF US MASTERS SWIMMING, THE TRIANGLE SPORTS COMMISSION, AND THE GREENSBORO AQUATICS CENTER. THE CAMP IS HOSTED EACH YEAR BY THE TRIANGLE SPORTS COMMISSION, A US MASTERS SWIMMING COMMUNITY PARTNER. THE CAMP IS FOR MASTERS SWIMMERS SEEKING TO ADVANCE THEIR SKILLS AND PERFORMANCE. CAMPERS ARE TAUGHT AND ANALYZED BY OUTSTANDING USMS COACHES AND PROFESSIONALS IN THE FIELDS OF SPORTS PSYCHOLOGY, PHYSIOLOGY, BIOMECHANICS, NUTRITION, TECHNIQUE, AND RESISTANCE AND FLEXIBILITY TRAINING. ALTHOUGH THE 2020 CAMP WAS CANCELLED DUE TO COVID-19, EXPENSES WERE INCURRED WHICH CARRY OVER TO THE 2021 CAMP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GWEN S ADAMS CPA
ReturnHeader/ReturnTs02021-09-20T12:23:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits