Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
990 • Fiscal year 2019 • EIN 56-1803864
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
86th percentile
Faster revenue growth than 86% of similar nonprofits.
Assets
Up$231,593
Up $3,846 (+1.7%) from 2018
Net Assets
Down$118,573
Down $13,047 (-9.9%) from 2018
Liabilities
Up$113,020
Up $16,893 (+18%) from 2018
Revenue
Up$209,585
Up $70,889 (+51%) from 2018
Expenses
Up$222,632
Up $18,883 (+9.3%) from 2018
Net Income
Up-$13,047
Up $52,006 (+80%) from 2018
The triangle educational advancement foundation is a 501(c)3 non-profit organization that was established in 1994 to oversee the john wall holiday invitational basketball tournament and to provide scholarships to triangle area high school students. The john wall holiday invitational tournament has become a holiday tradition for the triangle community and has provided lifelong athletic experiences for players, coaches and fans. The proceeds of the tournament and the generous annual gift from the john wall family foundation have made it possible for the triangle educational advancement foundation to have awarded more than $1 million in scholarships. In 2009 the foundation established new criteria for the scholarships in order to make a bigger impact on the winners. Students from 43 public schools in the triangle are now eligible to receive one of the ten scholarships in the amount of $5000 that goes towards their college education during their freshman year of college.
Provide scholarship opportunities to local high school students
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $222,579 | $227,093 | ▲ $4,514 |
| Rtn Earn Endowment Incm Other Fnds | $131,620 | $118,573 | ▼ $13,047 |
| Accounts Receivable | $5,168 | $4,500 | ▼ $668 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $227,747 | $231,593 | ▲ $3,846 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $96,127 | $113,020 | ▲ $16,893 |
| Total Liabilities | $96,127 | $113,020 | ▲ $16,893 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $131,620 | $118,573 | ▼ $13,047 |
| Total Liabilities and Net Assets / Fund Balance | $227,747 | $231,593 | ▲ $3,846 |
| Name | Title | Base | Total |
|---|---|---|---|
| Bill Sewell | Executive Director | $19,000 | $19,000 |
| Name | Title |
|---|---|
| Bobby Guthrie | Co-president |
| Rudy Watson | Co-president |
| Clayton Somers | Board Member |
| Doyle Parrish | Board Member |
| Ian Wg Sauer | Board Member |
| Jason Soper | Board Member |
| Philip Isley | Board Member |
| Shannon Scott | Board Member |
| Tammy Jones | Board Member |
| Webb Wellman | Board Member |
| John Boone | Board Secretary/treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $156,132 |
| Grants and Similar Amounts Paid | $47,500 |
| Salaries, Compensation, and Employee Benefits | $19,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $47,500 | - | - | $47,500 |
| Current Officers, Directors, Trustees, and Key Employees | $19,000 | - | - | $19,000 |
| Fees for Services Accounting | - | $3,275 | - | $3,275 |
| Insurance | - | $977 | - | $977 |
| Other Expenses | $150,473 | $52 | - | $52 |
| Total Functional Expenses | $216,973 | $5,659 | $0 | $222,632 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Board members doyle parrish and ian sauer both work for summit hospitality.”
“A copy of the form 990 was provided to the members of the board for review before submission.”
“The board reviewed the executive director's compensation at a board meeting. Members of the board are familiar with other organizations similar to ours and noted that the compensation for the ed is in line with the norm.”
“Documents are available by request. Contact information is available on the foundation's website.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 96127 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 113020 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5168 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4500 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PROVIDE SCHOLARSHIP OPPORTUNITIES TO LOCAL HIGH SCHOOL STUDENTS |
| IRS990/AllOtherContributionsAmt | 0 | 70100 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JOHN BOONE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9194621957 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 900 WALCOTT WAY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CARY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27519 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 222579 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 227093 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 19000 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 19000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 70100 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 47500 |
| IRS990/CYInvestmentIncomeAmt | 0 | 91 |
| IRS990/CYOtherExpensesAmt | 0 | 156132 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 139394 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -13047 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 19000 |
| IRS990/CYTotalExpensesAmt | 0 | 222632 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 209585 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE 2019 JOHN WALL HOLIDAY INVITATIONAL WAS HELD DECEMBER 26 - DECEMBER 20TH 2019. TEAF SPONSORED TEAMS FROM ALL OVER THE COUNTRY TO COME AND COMPETE IN A 4-DAY TOURNAMENT FOR MEN'S AND WOMEN'S HIGH SCHOOL BASKETBALL. $47,500 IN SCHOLARSHIPS WERE AWARDED TO DESERVING STUDENTS THROUGHOUT THE TRIANGLE AREA. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 216973 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3275 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3275 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CLAYTON SOMERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BOBBY GUTHRIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DOYLE PARRISH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN BOONE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | IAN WG SAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RUDY WATSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TAMMY JONES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BILL SEWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SHANNON SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | PHILIP ISLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JASON SOPER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | WEBB WELLMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 19000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CO-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CO-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1992 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantAmt | 0 | 47500 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 47500 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 47500 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 209585 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 977 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 977 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 91 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 91 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 9 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE TRIANGLE EDUCATIONAL ADVANCEMENT FOUNDATION IS A 501(C)3 NON-PROFIT ORGANIZATION THAT WAS ESTABLISHED IN 1994 TO OVERSEE THE JOHN WALL HOLIDAY INVITATIONAL BASKETBALL TOURNAMENT AND TO PROVIDE SCHOLARSHIPS TO TRIANGLE AREA HIGH SCHOOL STUDENTS. THE JOHN WALL HOLIDAY INVITATIONAL TOURNAMENT HAS BECOME A HOLIDAY TRADITION FOR THE TRIANGLE COMMUNITY AND HAS PROVIDED LIFELONG ATHLETIC EXPERIENCES FOR PLAYERS, COACHES AND FANS. THE PROCEEDS OF THE TOURNAMENT AND THE GENEROUS ANNUAL GIFT FROM THE JOHN WALL FAMILY FOUNDATION HAVE MADE IT POSSIBLE FOR THE TRIANGLE EDUCATIONAL ADVANCEMENT FOUNDATION TO HAVE AWARDED MORE THAN $1 MILLION IN SCHOLARSHIPS. IN 2009 THE FOUNDATION ESTABLISHED NEW CRITERIA FOR THE SCHOLARSHIPS IN ORDER TO MAKE A BIGGER IMPACT ON THE WINNERS. STUDENTS FROM 43 PUBLIC SCHOOLS IN THE TRIANGLE ARE NOW ELIGIBLE TO RECEIVE ONE OF THE TEN SCHOLARSHIPS IN THE AMOUNT OF $5000 THAT GOES TOWARDS THEIR COLLEGE EDUCATION DURING THEIR FRESHMAN YEAR OF COLLEGE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 131620 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 118573 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | EVENT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 2 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 3 | SECRETARY OF STATE FILI |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1236 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 119 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 52 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 150473 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 150473 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 1236 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 119 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 52 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JOHN BOONE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 541800 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | JOHN WALL HOLIDAY INVI |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | ADVERTISING RIGHTS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 131894 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 7500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 131894 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 7500 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 31500 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 47500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 74 |
| IRS990/PYOtherExpensesAmt | 0 | 137249 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 107122 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -65053 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 19000 |
| IRS990/PYTotalExpensesAmt | 0 | 203749 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 138696 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -13047 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 139394 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 131620 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 118573 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 110000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 78022 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 188022 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 70100 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 31500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 131000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 20694 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 95923 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 349217 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 91 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 74 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 53 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 53 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 52 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 323 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 107122 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 100053 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 45162 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 84188 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 475919 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 74 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 53 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 53 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 52 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 323 |
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| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00040 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 231106 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 65909 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 180163 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | COLLEGE SCHOLARSHIPS |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 10 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE CRITERIA ESTABLISHED BY THE TEAF FOR THESE SCHOLARSHIPS INCLUDE FINANCIAL NEED, ACADEMIC ACHIEVEMENT, COMMUNITY INVOLVEMENT, ATHLETIC ACHIEVEMENT AND DEMONSTRATED LEADERSHIP. TRIANGLE AREA SCHOOL ADMINISTRATORS NOMINATE UP TO 2 STUDENTS FROM EACH SCHOOL FOR SCHOLARSHIP CONSIDERATION. THE TEAF BOARD OF DIRECTORS SELECTED 10 SCHOLARSHIP RECIPIENTS FROM THE POOL OF NOMINATED STUDENTS. THE 10 WINNERS RECEIVE NON-RENEWING $5,000 SCHOLARSHIPS FOR THE COLLEGE OR UNIVERSITY OF THEIR CHOICE. TEAF SENDS SCHOLARSHIP CHECKS TO THE RESPECTIVE COLLEGES AND UNIVERSITIES. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, SCHEDULE I, PART III |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOARD MEMBERS DOYLE PARRISH AND IAN SAUER BOTH WORK FOR SUMMIT HOSPITALITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A COPY OF THE FORM 990 WAS PROVIDED TO THE MEMBERS OF THE BOARD FOR REVIEW BEFORE SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD REVIEWED THE EXECUTIVE DIRECTOR'S COMPENSATION AT A BOARD MEETING. MEMBERS OF THE BOARD ARE FAMILIAR WITH OTHER ORGANIZATIONS SIMILAR TO OURS AND NOTED THAT THE COMPENSATION FOR THE ED IS IN LINE WITH THE NORM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DOCUMENTS ARE AVAILABLE BY REQUEST. CONTACT INFORMATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 222632 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 96127 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 113020 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 96127 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 113020 |
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| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 91 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 209585 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 231593 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 900 WALCOTT WAY |
| IRS990/USAddress/CityNm | 0 | CARY |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 27519 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | HTTP://TEAFNC.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN BOONE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BOARD MEMBER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9196079476 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TRIANGLE EDUCATIONAL ADVANCEMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRIA |
| ReturnHeader/Filer/EIN | 0 | 561803864 |
| ReturnHeader/Filer/PhoneNum | 0 | 9196079476 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | CO JOHN BOONE 900 WALCOTT WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CARY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.