Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
990 • Fiscal year 2014 • EIN 56-1803864
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Assets
Up$220,124
Up $46,769 (+27%) from 2013
Net Assets
Up$158,852
Up $45,119 (+40%) from 2013
Liabilities
Up$61,272
Up $1,650 (+2.8%) from 2013
Revenue
Up$194,113
Up $115,715 (+148%) from 2013
Expenses
Up$148,994
Up $8,755 (+6.2%) from 2013
Net Income
Up$45,119
Up $106,960 (+173%) from 2013
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 | $173,355 | $218,583 | ▲ $45,228 |
| Rtn Earn Endowment Incm Other Fnds | $113,733 | $158,852 | ▲ $45,119 |
| Accounts Receivable | $0 | $1,541 | ▲ $1,541 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $173,355 | $220,124 | ▲ $46,769 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $59,622 | $61,272 | ▲ $1,650 |
| Total Liabilities | $59,622 | $61,272 | ▲ $1,650 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $113,733 | $158,852 | ▲ $45,119 |
| Total Liabilities and Net Assets / Fund Balance | $173,355 | $220,124 | ▲ $46,769 |
| Name | Title | Base | Total |
|---|---|---|---|
| Bill Sewell | Executive Director | $19,000 | $19,000 |
| Name | Title |
|---|---|
| Ian WG Sauer | President |
| Bobby Guthrie | Board Member |
| Clayton Somers | Board Member |
| Doyle Parrish | Board Member |
| Rudy Watson | Board Member |
| Scott Sherman | Board Member |
| Shannon Scott | Board Member |
| Tammy Jones | Board Member |
| John Boone | Board Secretary/Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $82,494 |
| 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 | - | $2,735 | - | $2,735 |
| Insurance | - | $1,938 | - | $1,938 |
| Other Expenses | $74,907 | $300 | - | $300 |
| Total Functional Expenses | $141,407 | $7,587 | $0 | $148,994 |
| 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 | 59622 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 61272 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1541 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Provide Scholarship opportunities to local high school students. |
| IRS990/AllOtherContributionsAmt | 0 | 90463 |
| 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/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 173355 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 218583 |
| 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 | 90463 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 47500 |
| IRS990/CYInvestmentIncomeAmt | 0 | 59 |
| IRS990/CYOtherExpensesAmt | 0 | 82494 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 103591 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 45119 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 19000 |
| IRS990/CYTotalExpensesAmt | 0 | 148994 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 194113 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | The 2014 High School OT Holiday Invitational was held December 26 - 27th and December 29 - 30th 2014. 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/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 141407 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2735 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 2735 |
| 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 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 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/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/PersonNm | 0 | Clayton Somers |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Bobby Guthrie |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Doyle Parrish |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Scott Sherman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | John Boone |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Ian WG Sauer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Rudy Watson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Tammy Jones |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Bill Sewell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Shannon Scott |
| 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 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 19000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 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/TitleTxt | 0 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Secretary/Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Executive Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | 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 | 10 |
| 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 | 194113 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 10 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1938 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1938 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 59 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 59 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| 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 HighSchoolOT.com Holiday Invitational Basketball Tournament and to provide scholarships to Triangle area high school students. The HighSchoolOT.com 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 Capitol Broadcasting Company 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 | 113733 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 158852 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Event Expenses |
| IRS990/OtherExpensesGrp/Desc | 1 | Other Expenses |
| IRS990/OtherExpensesGrp/Desc | 2 | Bank Fees |
| IRS990/OtherExpensesGrp/Desc | 3 | Secretary of State fili |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2171 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 443 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 300 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 74907 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 74907 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2171 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 443 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 300 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 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/Desc | 0 | High School OT Holida |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 103530 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 103530 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 9423 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 37500 |
| IRS990/PYInvestmentIncomeAmt | 0 | 140 |
| IRS990/PYOtherExpensesAmt | 0 | 83739 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 68835 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -61841 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 19000 |
| IRS990/PYTotalExpensesAmt | 0 | 140239 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 78398 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 45119 |
| 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 | 103530 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 113733 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 158852 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 78023 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 5000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 60000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 80000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 223023 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 90524 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9423 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 65304 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 18320 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 87700 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 271271 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 59 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 140 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 264 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 389 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 22140 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 22992 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 103530 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 68835 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 87411 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 78060 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 79064 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 416900 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 59 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 140 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 264 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 389 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 22140 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 22992 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.03230 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.03760 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.65410 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.71940 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 465148 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 78023 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 5000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 60000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 80000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 223023 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 166764 |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | College Scholarships |
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| 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 selects 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 11 |
| 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/USAddress/AddressLine1Txt | 0 | 900 Walcott way |
| IRS990/USAddress/CityNm | 0 | Cary |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
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| IRS990/WebsiteAddressTxt | 0 | http://teafnc.org |
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| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | John Boone |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Board Member |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9199613765 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-08-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Triangle Educational Advancement Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRIA |
| ReturnHeader/Filer/EIN | 0 | 561803864 |
| ReturnHeader/Filer/PhoneNum | 0 | 9199613765 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | C/o John Boone 900 Walcott Way |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Cary |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561415202 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Hughes Pittman & Gupton LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1500 Sunday Drive Suite 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Raleigh |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9192325900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Amy E Smith |
| ReturnHeader/ReturnTs | 0 | 2015-08-07T14:56:34-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.