Civic Intelligence

Triangle Educational Advancement Foundation

990 • Fiscal year 2021 • EIN 56-1803864

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 21, 2022

Organization ProfileTEAFNC.ORG
CO John Boone 900 Walcott WayCary, NC 27519

(919) 607-9476

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.78x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

1.23x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

11th percentile

-56%

Higher net margin than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$9,500

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

83rd percentile

59%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

90%

Faster revenue growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$207,962

Up $76,798 (+59%) from 2020

Net Assets

Down

$46,043

Down $74,214 (-62%) from 2020

Liabilities

Up

$161,919

Up $151,012 (+1385%) from 2020

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin11th percentile

Revenue

Up

$131,727

Up $62,451 (+90%) from 2020

Expenses

Up

$205,941

Up $138,349 (+205%) from 2020

Net Income

Down

-$74,214

Down $75,898 (-4507%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$300K$200K$100K$0Assets 2010: $275,336Liabilities 2010: $43,601Net Assets 2010: $231,7352010Assets 2011: $207,681Liabilities 2011: $36,891Net Assets 2011: $170,7902011Assets 2012: $235,231Liabilities 2012: $59,657Net Assets 2012: $175,5742012Assets 2013: $173,355Liabilities 2013: $59,622Net Assets 2013: $113,7332013Assets 2014: $220,124Liabilities 2014: $61,272Net Assets 2014: $158,8522014Assets 2015: $246,347Liabilities 2015: $54,785Net Assets 2015: $191,5622015Assets 2016: $200,708Liabilities 2016: $67,170Net Assets 2016: $133,5382016Assets 2017: $270,797Liabilities 2017: $74,124Net Assets 2017: $196,6732017Assets 2018: $227,747Liabilities 2018: $96,127Net Assets 2018: $131,6202018Assets 2019: $231,593Liabilities 2019: $113,020Net Assets 2019: $118,5732019Assets 2020: $131,164Liabilities 2020: $10,907Net Assets 2020: $120,2572020Assets 2021: $207,962Liabilities 2021: $161,919Net Assets 2021: $46,0432021Assets 2022: $145,819Liabilities 2022: $130,036Net Assets 2022: $15,7832022Assets 2023: $213,128Liabilities 2023: $170,887Net Assets 2023: $42,2412023Assets 2024: $131,220Liabilities 2024: $52,009Net Assets 2024: $79,2112024

Highlighted filing

2021

Assets$207,962
Liabilities$161,919
Net Assets$46,043
Open 2021 Filing

Operations Trend

Revenue Growth84th percentile

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

$400K$200K$0-$200KRevenue 2010: $188,903Expenses 2010: $171,653Net Income 2010: $17,2502010Revenue 2011: $96,769Expenses 2011: $157,714Net Income 2011: -$60,9452011Revenue 2012: $152,979Expenses 2012: $148,195Net Income 2012: $4,7842012Revenue 2013: $78,398Expenses 2013: $140,239Net Income 2013: -$61,8412013Revenue 2014: $194,113Expenses 2014: $148,994Net Income 2014: $45,1192014Revenue 2015: $180,163Expenses 2015: $147,453Net Income 2015: $32,7102015Revenue 2016: $98,410Expenses 2016: $156,434Net Income 2016: -$58,0242016Revenue 2017: $231,106Expenses 2017: $167,971Net Income 2017: $63,1352017Revenue 2018: $138,696Expenses 2018: $203,749Net Income 2018: -$65,0532018Revenue 2019: $209,585Expenses 2019: $222,632Net Income 2019: -$13,0472019Revenue 2020: $69,276Expenses 2020: $67,592Net Income 2020: $1,6842020Revenue 2021: $131,727Expenses 2021: $205,941Net Income 2021: -$74,2142021Revenue 2022: $215,132Expenses 2022: $245,392Net Income 2022: -$30,2602022Revenue 2023: $257,760Expenses 2023: $231,302Net Income 2023: $26,4582023Revenue 2024: $384,180Expenses 2024: $347,210Net Income 2024: $36,9702024

Highlighted filing

2021

Revenue$131,727
Expenses$205,941
Net Income-$74,214
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 21, 2022
Return Version
2021v4.2
Gross Receipts
$131,727
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$131,164$106,489▼ $24,675
Accounts Receivable-$101,473-
Rtn Earn Endowment Incm Other Fnds$120,257$46,043▼ $74,214
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$131,164$207,962▲ $76,798
Liabilities
Accounts Payable and Accrued Expenses$10,907$161,919▲ $151,012
Total Liabilities$10,907$161,919▲ $151,012
Net Assets / Fund Balance
Total Net Assets Fund Balance$120,257$46,043▼ $74,214
Total Liabilities and Net Assets / Fund Balance$131,164$207,962▲ $76,798
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleBaseTotal
Bill SewellExecutive Director$9,500$9,500

Board Members and Trustees

NameTitle
Shannon ScottPresident
Bobby GuthrieBoard Member
Cierra WallBoard Member
Ian Wg SauerBoard Member
Jason SoperBoard Member
Rudy WatsonBoard Member
Tammy JonesBoard Member
Tanya PulleyBoard Member
Webb WellmanBoard Member
William ClaytonBoard Member
John BooneSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,250
Program Service Revenue
$101,474
Investment Income
$3
Other Revenue
$0
All Other Contributions
$30,250
Change in Net Assets
$-74,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,441
Grants and Similar Amounts Paid$32,500
Salaries, Compensation, and Employee Benefits$20,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$32,500--$32,500
Current Officers, Directors, Trustees, and Key Employees$20,000--$20,000
Fees for Services Accounting-$3,775-$3,775
Insurance-$1,620-$1,620
Other Expenses$147,471$50-$50
Total Functional Expenses$199,971$5,970$0$205,941
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
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 2

“Board member ian sauer works for summit hospitality.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 was provided to the members of the board for review before submission.”

Form 990, Part VI, Section B, Line 15A

“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.”

Form 990, Part VI, Section C, Line 19

“Documents are available by request. Contact information is available on the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Triangle Educational Advancement
EIN
56-1803864
Phone
9196079476
Address
CO JOHN BOONE 900 WALCOTT WAY, CARY, NC 27519

Signing Officer

Name
John Boone
Title
Secretary & Treasurer
Phone
9196079476
Signed
2022-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Boone
Formed
1992
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
19

Preparer

Firm
Hughes Pittman & Gupton Llp
Address
1500 SUNDAY DRIVE SUITE 300, RALEIGH, NC 27607
Preparer
J Timmons Robinson
Phone
9192325900
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IRS990/MissionDesc0THE 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.
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt046043
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0110000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0110000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt065520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt070100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt031500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0131000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0328370
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0227
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0101474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0139394
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0107122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0100053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0451793
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0227
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85880
IRS990ScheduleA/PublicSupportPY509Pct00.84570
IRS990ScheduleA/PublicSupportTotal509Amt0670163
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0110000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0110000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0131724
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0209494
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0138622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0231053
IRS990ScheduleA/Total509Grp/TotalAmt0780163
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0131727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt069276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0209585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0138696
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0231106
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0780390
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt032500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE 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 SCHOLARSHIPS FOR THE COLLEGE OR UNIVERSITY OF THEIR CHOICE. TEAF SENDS SCHOLARSHIP CHECKS TO THE RESPECTIVE COLLEGES AND UNIVERSITIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE I, PART III
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBER IAN SAUER WORKS FOR SUMMIT HOSPITALITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE MEMBERS OF THE BOARD FOR REVIEW BEFORE SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3DOCUMENTS ARE AVAILABLE BY REQUEST. CONTACT INFORMATION IS AVAILABLE ON THE FOUNDATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0131164
IRS990/TotalAssetsEOYAmt0207962
IRS990/TotalAssetsGrp/BOYAmt0131164
IRS990/TotalAssetsGrp/EOYAmt0207962
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt030250
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05970
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0199971
IRS990/TotalFunctionalExpensesGrp/TotalAmt0205941
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010907
IRS990/TotalLiabilitiesEOYAmt0161919
IRS990/TotalLiabilitiesGrp/BOYAmt010907
IRS990/TotalLiabilitiesGrp/EOYAmt0161919
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0120257
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046043
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0199971
IRS990/TotalProgramServiceRevenueAmt0101474
IRS990/TotalReportableCompFromOrgAmt09500
IRS990/TotalRevenueGrp/ExclusionAmt03
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0101474
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0131727
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0131164
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0207962
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0900 WALCOTT WAY
IRS990/USAddress/CityNm0CARY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027519
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0HTTP://TEAFNC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN BOONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09196079476
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIANGLE EDUCATIONAL ADVANCEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0561803864
ReturnHeader/Filer/PhoneNum09196079476
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO JOHN BOONE 900 WALCOTT WAY
ReturnHeader/Filer/USAddress/CityNm0CARY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027519

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$207,962
Liabilities
$161,919
Net assets
$46,043
Revenue
$131,727
Expenses
$205,941
Net income
-$74,214
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.52$0.79$3.84$3.47$0.37
2023Detailed filing. Detailed filing data is available for this year.$2.13$1.71$0.42$2.58$2.31$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.46$1.30$0.16$2.15$2.45$0.30
2021Detailed filing. Detailed filing data is available for this year.$2.08$1.62$0.46$1.32$2.06$0.74
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.11$1.20$0.69$0.68$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.32$1.13$1.19$2.10$2.23$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.28$0.96$1.32$1.39$2.04$0.65
2017Detailed filing. Detailed filing data is available for this year.$2.71$0.74$1.97$2.31$1.68$0.63
2016Detailed filing. Detailed filing data is available for this year.$2.01$0.67$1.34$0.98$1.56$0.58
2015Detailed filing. Detailed filing data is available for this year.$2.46$0.55$1.92$1.80$1.47$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.20$0.61$1.59$1.94$1.49$0.45
2013Detailed filing. Detailed filing data is available for this year.$1.73$0.60$1.14$0.78$1.40$0.62
2012Summary only. Only limited summary data is available for this year.$2.35$0.60$1.76$1.53$1.48$0.05
2011Summary only. Only limited summary data is available for this year.$2.08$0.37$1.71$0.97$1.58$0.61
2010Summary only. Only limited summary data is available for this year.$2.75$0.44$2.32$1.89$1.72$0.17