Civic Intelligence

Triangle Universities Center for Advanced Studies Inc.

990 • Fiscal year 2014 • EIN 51-0175686

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

PO Box 12255Rtp, NC 27709

(919) 549-8181

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.20x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

54th percentile

3.2%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,273,407

Up $71,375 (+3.2%) from 2013

Net Assets

Up

$2,253,122

Up $95,166 (+4.4%) from 2013

Liabilities

Down

$20,285

Down $23,791 (-54%) from 2013

Revenue

Up

$102,957

Up $10,461 (+11%) from 2013

Expenses

Up

$43,304

Up $5,764 (+15%) from 2013

Net Income

Up

$59,653

Up $4,697 (+8.5%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,566,405Liabilities 2011: $471,404Net Assets 2011: $2,095,0012011Assets 2012: $2,420,038Liabilities 2012: $359,620Net Assets 2012: $2,060,4182012Assets 2013: $2,202,032Liabilities 2013: $44,076Net Assets 2013: $2,157,9562013Assets 2014: $2,273,407Liabilities 2014: $20,285Net Assets 2014: $2,253,1222014Assets 2015: $2,358,569Liabilities 2015: $179,260Net Assets 2015: $2,179,3092015Assets 2016: $2,313,790Liabilities 2016: $252,383Net Assets 2016: $2,061,4072016Assets 2017: $2,425,974Liabilities 2017: $130,654Net Assets 2017: $2,295,3202017Assets 2018: $2,556,517Liabilities 2018: $2,601Net Assets 2018: $2,553,9162018Assets 2019: $2,769,378Liabilities 2019: $975Net Assets 2019: $2,768,4032019Assets 2020: $3,079,788Liabilities 2020: $7,619Net Assets 2020: $3,072,1692020Assets 2021: $3,774,424Liabilities 2021: $1,695Net Assets 2021: $3,772,7292021Assets 2022: $3,774,282Liabilities 2022: $1,206Net Assets 2022: $3,773,0762022Assets 2023: $3,973,976Liabilities 2023: $12,595Net Assets 2023: $3,961,3812023Assets 2024: $4,494,096Liabilities 2024: $975Net Assets 2024: $4,493,1212024

Highlighted filing

2014

Assets$2,273,407
Liabilities$20,285
Net Assets$2,253,122

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $337,099Expenses 2011: $181,958Net Income 2011: $155,1412011Expenses 2012: $38,6682012Revenue 2013: $92,496Expenses 2013: $37,540Net Income 2013: $54,9562013Revenue 2014: $102,957Expenses 2014: $43,304Net Income 2014: $59,6532014Revenue 2015: $150,970Expenses 2015: $157,077Net Income 2015: -$6,1072015Revenue 2016: $264,407Expenses 2016: $313,587Net Income 2016: -$49,1802016Revenue 2017: $204,300Expenses 2017: $61,681Net Income 2017: $142,6192017Revenue 2018: $411,371Expenses 2018: $80,378Net Income 2018: $330,9932018Revenue 2019: $363,013Expenses 2019: $109,930Net Income 2019: $253,0832019Revenue 2020: $291,119Expenses 2020: $71,571Net Income 2020: $219,5482020Revenue 2021: $533,093Expenses 2021: $87,466Net Income 2021: $445,6272021Revenue 2022: $437,964Expenses 2022: $73,829Net Income 2022: $364,1352022Revenue 2023: $416,834Expenses 2023: $344,415Net Income 2023: $72,4192023Revenue 2024: $432,471Expenses 2024: $90,536Net Income 2024: $341,9352024

Highlighted filing

2014

Revenue$102,957
Expenses$43,304
Net Income$59,653
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$102,957
Mission and Program Overview

Mission

To be a leader in engaging the founding universities in collaborative activities that advance research and education.

To assist in the planning and execution of research and educational programs by joint activity with north carolina state university, duke university, and the university of north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,227,097$1,221,075▼ $6,022
Investments Other Securities$917,917$1,039,868▲ $121,951
Cash and Non-Interest-Bearing Accounts$34,457$10,820▼ $23,637
Prepaid Expenses and Deferred Charges$1,561$1,644▲ $83
Total Assets$2,202,032$2,273,407▲ $71,375
Other Assets Total$21,000--
Liabilities
Grants Payable$42,000$18,000▼ $24,000
Accounts Payable and Accrued Expenses$2,076$2,285▲ $209
Total Liabilities$44,076$20,285▼ $23,791
Net Assets / Fund Balance
Unrestricted Net Assets$1,394,606$1,408,661▲ $14,055
Temporarily Rstr Net Assets$513,350$594,461▲ $81,111
Permanently Rstr Net Assets$250,000$250,000→ $0
Total Net Assets Fund Balance$2,157,956$2,253,122▲ $95,166
Total Liabilities and Net Assets / Fund Balance$2,202,032$2,273,407▲ $71,375

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$21,075$424,621-
Land$1,200,000--
Equipment$0$67,053-
Other Securities$1,039,868--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$763,350-▲ $81,111-$844,461
2013$693,022-▲ $70,328-$763,350
2012$691,901-▲ $1,121-$693,022
2011$589,056-▲ $102,845-$691,901
2010$506,359-▲ $101,722$19,025$589,056
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$102,957
Other Revenue
$0
Change in Net Assets
$59,653

Audited Revenue Reconciliation

Revenue per Audited Statements
$102,957
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$19,013
Total Revenue per Audited Statements
$121,970
Total Revenue per Form 990
$102,957
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,804
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$9,526-$9,526
Grants to Domestic Orgs$7,500--$7,500
Depreciation Depletion-$6,022-$6,022
Fees for Services Legal-$4,334-$4,334
Insurance-$1,732-$1,732
Conferences and Meetings-$890-$890
Other Expenses$9,000$400-$400
Total Functional Expenses$16,500$26,804$0$43,304

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$43,304
Expenses per Audited Statements$26,804
Total Expenses per Audited Statements$26,804
Expenses Not Reported on Financial Statements$16,500
Other Expense Adjustments$16,500
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
56-1852726-501(c)(3)See Program Description-form 990, Page 2, Part Iii, Line 4a$7,500
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Each of founding universities has three trustees on the board, the university provost, the vice chancellor/vice president of research, and one other representative appointed by the president or chancellor of the university. The president or chancellor also has the authority to appoint other representatives in place of the provost or vice chancellor/vice president of research. The president of the university of north carolina also has the power to appoint two other trustees. The chair of the research triangle foundation appoints two members of its board to serve as trustees for this organization.

Form 990, Part VI, Section B, Line 11

The organization's treasurer reviews the tax return and gives a report to the executive committee.

Form 990, Part VI, Section C, Line 18

Returns are available for inspection upon request

Form 990, Part VI, Section C, Line 19

They are available upon request

Filing and Contact Details

Filer

EIN
51-0175686
Phone
9195498181

Signing Officer

Name
Linda Hall
Title
Treasurer
Phone
9195498181
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Hall
Formed
1975
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Preparer
Adrienne Mckinney
Phone
3362724551
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Program funding authorized in prior year, incurred current year 16,500.

FORM 990, PART XII, LINE 2C:

The organizations oversight of the audit of its financial statements and the selection of an independent accountant has not changed since the prior year.

Financial Statement Notes

PART V, LINE 4:

The center's endownment funds are to be invested to provide income which is to be used to support the center's ownership and operation of the 120-acre campus in the research triangle park. It also supports the organization's mission with the supported organizations.

PART X, LINE 2:

The center is a tax-exempt organization under section 501(c)(3) of the internal revenue code and the applicable state tax statues. Therefore, no provision for income taxes has been reflected in the accompanying financial statements. Management has evaluated the center's tax positions and concluded that the center had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of the income taxes topic of the fasb asc. With few exceptions, the center is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for fiscal years 2010 and prior.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Program funding authorized in prior year, incurred current year

Raw XML AppendixShowing 400 of 551 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.

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IRS990/Desc0LEADERSHIP TRIANGLE'S COLLEGE EDITION LEVERAGES THE LEADERSHIP TRIANGLE'S 21 YEAR OLD REGIONAL CLASS SERIES AND ITS PERSONAL LEADERSHIP PROGRAMS, AND TAILORS THEM SPECIFICALLY TO INSPIRE COLLEGE STUDENTS FROM DIFFERENT INSTITUTIONS IN THE REGION AS THEY MAKE THE TRANSITION TO BECOME ACTIVE, ENGAGED CITIZENS. SUPPORTING THIS INITIATIVE BRINGS AN OPPORTUNITY TO ENGAGE THESE YOUNG PEOPLE AND GATHER THEIR INPUT INTO THE FUTURE OF RTP AND RELATIONSHIPS WITH THE FOUNDING UNIVERSITIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01039868
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0491674
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01227097
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01221075
IRS990/LandBldgEquipCostOrOtherBssAmt01712749
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE A LEADER IN ENGAGING THE FOUNDING UNIVERSITIES IN COLLABORATIVE ACTIVITIES THAT ADVANCE RESEARCH AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02157956
IRS990/NetAssetsOrFundBalancesEOYAmt02253122
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt019013
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021000
IRS990/OtherChangesInNetAssetsAmt016500
IRS990/OtherExpensesGrp/Desc0RTP 180 TALKS
IRS990/OtherExpensesGrp/Desc1LANDSCAPING
IRS990/OtherExpensesGrp/Desc2BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03900
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1400
IRS990/OtherExpensesGrp/ProgramServicesAmt09000
IRS990/OtherExpensesGrp/TotalAmt09000
IRS990/OtherExpensesGrp/TotalAmt13900
IRS990/OtherExpensesGrp/TotalAmt2400
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0250000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0250000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01561
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01644
IRS990/PrincipalOfficerNm0LINDA HALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0RTP 180 ARE CREATIVE, TED-STYLED EVENTS TO HIGHLIGHT THE BRIGHTEST MIND OF THE TRIANGLE AND BUILD A UNIFIED COMMUNITY THAT IS PROUD TO CALL NC HOME. EACH EVENT IS GEARED TO A UNIQUE THEME AND ALL HAVE INCLUDED PRESENTERS FROM EACH OF THE FOUNDING UNIVERSITIES AS WELL AS GOOGLE, RED HAT, AND COMMUNITY LEADERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt050000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015000
IRS990/PYInvestmentIncomeAmt042193
IRS990/PYOtherExpensesAmt022540
IRS990/PYOtherRevenueAmt0303
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt054956
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt037540
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt092496
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt059653
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0566001393
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1566000756
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2560532129
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc22
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10UNIVERSITY OF NC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine11NC STATE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine12DUKE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0763350
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0844461
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt081111
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0693022
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0763350
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt070328
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0691901
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0693022
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01121
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0589056
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0691901
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0102845
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0506359
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0589056
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0101722
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt019025
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067053
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt067053
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt016500
IRS990ScheduleD/ExpensesSubtotalAmt026804
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01200000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01200000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt019013
IRS990ScheduleD/OtherExpensesNotIncludedAmt016500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021075
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0424621
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0445696
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01039868
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MUTUAL FUND-NOT EXCHANGE TRADED
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.29600
IRS990ScheduleD/RevenueNotReportedAmt019013
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0102957
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CENTER'S ENDOWNMENT FUNDS ARE TO BE INVESTED TO PROVIDE INCOME WHICH IS TO BE USED TO SUPPORT THE CENTER'S OWNERSHIP AND OPERATION OF THE 120-ACRE CAMPUS IN THE RESEARCH TRIANGLE PARK. IT ALSO SUPPORTS THE ORGANIZATION'S MISSION WITH THE SUPPORTED ORGANIZATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE CENTER IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE APPLICABLE STATE TAX STATUES. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE CENTER'S TAX POSITIONS AND CONCLUDED THAT THE CENTER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC. WITH FEW EXCEPTIONS, THE CENTER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS 2010 AND PRIOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PROGRAM FUNDING AUTHORIZED IN PRIOR YEAR, INCURRED CURRENT YEAR
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.70400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01221075
IRS990ScheduleD/TotalBookValueSecuritiesAmt01039868
IRS990ScheduleD/TotalExpensesPerForm990Amt043304
IRS990ScheduleD/TotalRevenuePerForm990Amt0102957
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0121970
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt026804
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SEE PROGRAM DESCRIPTION-FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10LEADERSHIP TRIANGLE
IRS990ScheduleI/RecipientTable/RecipientEIN0561852726
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10312 BLACKWELL ST
IRS990ScheduleI/RecipientTable/USAddress/City0DURHAM
IRS990ScheduleI/RecipientTable/USAddress/State0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode027701
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH OF FOUNDING UNIVERSITIES HAS THREE TRUSTEES ON THE BOARD, THE UNIVERSITY PROVOST, THE VICE CHANCELLOR/VICE PRESIDENT OF RESEARCH, AND ONE OTHER REPRESENTATIVE APPOINTED BY THE PRESIDENT OR CHANCELLOR OF THE UNIVERSITY. THE PRESIDENT OR CHANCELLOR ALSO HAS THE AUTHORITY TO APPOINT OTHER REPRESENTATIVES IN PLACE OF THE PROVOST OR VICE CHANCELLOR/VICE PRESIDENT OF RESEARCH. THE PRESIDENT OF THE UNIVERSITY OF NORTH CAROLINA ALSO HAS THE POWER TO APPOINT TWO OTHER TRUSTEES. THE CHAIR OF THE RESEARCH TRIANGLE FOUNDATION APPOINTS TWO MEMBERS OF ITS BOARD TO SERVE AS TRUSTEES FOR THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S TREASURER REVIEWS THE TAX RETURN AND GIVES A REPORT TO THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RETURNS ARE AVAILABLE FOR INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THEY ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM FUNDING AUTHORIZED IN PRIOR YEAR, INCURRED CURRENT YEAR 16,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.49$0.00$4.49$0.43$0.09$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.97$0.01$3.96$0.42$0.34$0.07
2022Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$0.44$0.07$0.36
2021Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$0.53$0.09$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.01$3.07$0.29$0.07$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.36$0.11$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.55$0.41$0.08$0.33
2017Detailed filing. Detailed filing data is available for this year.$2.43$0.13$2.30$0.20$0.06$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.31$0.25$2.06$0.26$0.31$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.18$2.18$0.15$0.16$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.27$0.02$2.25$0.10$0.04$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.04$2.16$0.09$0.04$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.36$2.06$0.04
2011Summary only. Only limited summary data is available for this year.$2.57$0.47$2.10$0.34$0.18$0.16