Civic Intelligence

Triangle Flying Disc Association

990 • Fiscal year 2016 • EIN 56-2038555

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 13, 2017

PO Box 112Morrisville, NC 27560

(919) 970-1279

Siviq Scores

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

Liabilities / Assets

89th percentile

0.29x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.28x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Top Officer Pay

96th percentile

$30,033

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Asset Growth

64th percentile

10%

Faster asset growth than 64% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • NTEE N • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$267,731

Up $25,406 (+10%) from 2015

Net Assets

Up

$190,602

Up $32,359 (+20%) from 2015

Liabilities

Down

$77,129

Down $6,953 (-8.3%) from 2015

Revenue

Up

$277,627

Up $26,935 (+11%) from 2015

Expenses

Up

$245,268

Up $34,822 (+17%) from 2015

Net Income

Down

$32,359

Down $7,887 (-20%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2010: $37,692Liabilities 2010: $02010Assets 2011: $18,356Liabilities 2011: $02011Assets 2012: $141,192Liabilities 2012: $98,3662012Assets 2013: $183,380Liabilities 2013: $93,333Net Assets 2013: $90,0472013Assets 2014: $210,823Liabilities 2014: $92,826Net Assets 2014: $117,9972014Assets 2015: $242,325Liabilities 2015: $84,082Net Assets 2015: $158,2432015Assets 2016: $267,731Liabilities 2016: $77,129Net Assets 2016: $190,6022016Assets 2017: $297,369Liabilities 2017: $77,277Net Assets 2017: $220,0922017Assets 2018: $228,464Liabilities 2018: $10,999Net Assets 2018: $217,4652018Assets 2019: $249,683Liabilities 2019: $4,785Net Assets 2019: $244,8982019Assets 2020: $205,077Liabilities 2020: $131Net Assets 2020: $204,9462020Assets 2021: $191,918Liabilities 2021: $11,762Net Assets 2021: $180,1562021Assets 2022: $330,737Liabilities 2022: $111,920Net Assets 2022: $218,8172022Assets 2023: $223,024Liabilities 2023: $40,184Net Assets 2023: $182,8402023Assets 2024: $135,521Liabilities 2024: $28,898Net Assets 2024: $106,6232024Assets 2025: $126,933Liabilities 2025: -$9,656Net Assets 2025: $136,5892025

Highlighted filing

2016

Assets$267,731
Liabilities$77,129
Net Assets$190,602

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $90,437Expenses 2010: $132,642Net Income 2010: -$42,2052010Revenue 2011: $106,028Expenses 2011: $125,364Net Income 2011: -$19,3362011Revenue 2012: $98,133Expenses 2012: $73,000Net Income 2012: $25,1332012Revenue 2013: $140,193Expenses 2013: $92,972Net Income 2013: $47,2212013Revenue 2014: $185,584Expenses 2014: $157,634Net Income 2014: $27,9502014Revenue 2015: $250,692Expenses 2015: $210,446Net Income 2015: $40,2462015Revenue 2016: $277,627Expenses 2016: $245,268Net Income 2016: $32,3592016Revenue 2017: $311,230Expenses 2017: $281,740Net Income 2017: $29,4902017Revenue 2018: $296,925Expenses 2018: $299,552Net Income 2018: -$2,6272018Revenue 2019: $356,248Expenses 2019: $328,815Net Income 2019: $27,4332019Revenue 2020: $284,730Expenses 2020: $334,551Net Income 2020: -$49,8212020Revenue 2021: $126,083Expenses 2021: $156,856Net Income 2021: -$30,7732021Revenue 2022: $510,787Expenses 2022: $460,023Net Income 2022: $50,7642022Revenue 2023: $668,073Expenses 2023: $672,402Net Income 2023: -$4,3292023Revenue 2024: $626,137Expenses 2024: $704,716Net Income 2024: -$78,5792024Revenue 2025: $677,156Expenses 2025: $663,675Net Income 2025: $13,4812025

Highlighted filing

2016

Revenue$277,627
Expenses$245,268
Net Income$32,359
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$278,557
Mission and Program Overview

Mission

To collaboratively build a community that emphasizes accessability, relationships, and engagement through learning, playing, and teaching the sport of Ultimate in the Triangle region of North Carolina.

Organization is dedicated to creating opportunities for people to play, enjoy, and benefit from the sport of ultimate frisbee in north carolina, with a special emphasis on youth development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,082$150,225▲ $24,143
Land, Buildings, and Equipment, Net$113,295$113,295→ $0
Inventories for Sale or Use$2,848$2,538▼ $310
Total Assets$242,325$267,731▲ $25,406
Other Assets Total$100$1,673▲ $1,573
Liabilities
Unsecured Notes Loans Payable$82,643$76,959▼ $5,684
Accounts Payable and Accrued Expenses$1,439--
Other Liabilities-$170-
Total Liabilities$84,082$77,129▼ $6,953
Net Assets / Fund Balance
Unrestricted Net Assets$158,243$190,602▲ $32,359
Total Net Assets Fund Balance$158,243$190,602▲ $32,359
Total Liabilities and Net Assets / Fund Balance$242,325$267,731▲ $25,406

Asset Categories

AssetBook ValueDepreciationBasis
Land$113,295-$113,295
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tristan GreenExecutive DiFT$30,033$30,033

Board Members and Trustees

NameTitle
Jason ParkerPresident
Alan HoyleBoard Member
Alec HoffmanBoard Member
Britta JonesBoard Member
Chani HodonskyBoard Member
Eric MartinBoard Member
Matthias MuellerBoard Member
Stephane DanielBoard Member
Stephen FusiBoard Member
Amy SmokerSecretary
TERENCE JOSEPH O'BRIEN JRTreasurer
Tom MunozVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$30,100
Program Service Revenue
$245,819
Investment Income
$96
Other Revenue
$1,612
All Other Contributions
$30,100
Change in Net Assets
$32,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$188,736
Salaries, Compensation, and Employee Benefits$56,532
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$40,145$18,716-$58,861
Current Officers, Directors, Trustees, and Key Employees$27,030$3,003-$30,033
Other Salaries and Wages$22,625--$22,625
Other Expenses$12,983--$12,983
Payroll Taxes$3,487$387-$3,874
Interest$3,192--$3,192
Insurance-$2,115-$2,115
Advertising-$2,017-$2,017
Fees for Services Accounting-$985-$985
Office Expenses$133--$133
Total Functional Expenses$218,045$27,223$0$245,268
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$170
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Members consist of the participants of the leagues that are run by the organization.

Form 990, Page 6, Part VI, Line 7A

Board of directors are elected by members.

Form 990, Page 6, Part VI, Line 11B

A complete copy of the form 990 is available to all members of the governing body but there is no formal distribution to the members or formal review. Form 990 will also be posted on the organization's website where it may be reviewed by anyone.

Form 990, Page 6, Part VI, Line 12C

Annual review of conflicts of interest policy by board of directors.

Form 990, Page 6, Part VI, Line 15A

Comparison to department of labor standards

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Triangle Flying Disc Association
EIN
56-2038555
Phone
9199701279
Address
PO BOX 112, MORRISVILLE, NC 27560
Doing Business As
Triangle Ultimate

Signing Officer

Name
TERENCE JOSEPH O'BRIEN JR
Title
Treasurer
Phone
9199071279
Signed
2017-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
TERENCE JOSEPH O'BRIEN JR
Formed
1997
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
260

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Administrative 0 11,655 0 membership dues 10,505 0 0 need based aid 6,470 0 0 trainer 6,197 0 0 program sponsorships 5,335 0 0 credit card fees 0 4,634 0 community grants 3,738 0 0 food 2,348 0 0 social 2,315 0 0 office rent 0 2,016 0 property tax 1,233 411 0 coaching clinics 1,299 0 0 professional services 600 0 0 equipment rent 105 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS CONSIST OF THE PARTICIPANTS OF THE LEAGUES THAT ARE RUN BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS ARE ELECTED BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COMPLETE COPY OF THE FORM 990 IS AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY BUT THERE IS NO FORMAL DISTRIBUTION TO THE MEMBERS OR FORMAL REVIEW. FORM 990 WILL ALSO BE POSTED ON THE ORGANIZATION'S WEBSITE WHERE IT MAY BE REVIEWED BY ANYONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REVIEW OF CONFLICTS OF INTEREST POLICY BY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPARISON TO DEPARTMENT OF LABOR STANDARDS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMINISTRATIVE 0 11,655 0 MEMBERSHIP DUES 10,505 0 0 NEED BASED AID 6,470 0 0 TRAINER 6,197 0 0 PROGRAM SPONSORSHIPS 5,335 0 0 CREDIT CARD FEES 0 4,634 0 COMMUNITY GRANTS 3,738 0 0 FOOD 2,348 0 0 SOCIAL 2,315 0 0 OFFICE RENT 0 2,016 0 PROPERTY TAX 1,233 411 0 COACHING CLINICS 1,299 0 0 PROFESSIONAL SERVICES 600 0 0 EQUIPMENT RENT 105 0 0
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IRS990/USAddress/AddressLine1Txt0PO BOX 112
IRS990/USAddress/CityNm0MORRISVILLE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027560
IRS990/VotingMembersGoverningBodyCnt013
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IRS990/WebsiteAddressTxt0WWW.TRIANGLEULTIMATE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERENCE JOSEPH O'BRIEN JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09199071279
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-13

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.27$0.10$1.37$6.77$6.64$0.13
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.29$1.07$6.26$7.05$0.79
2023Detailed filing. Detailed filing data is available for this year.$2.23$0.40$1.83$6.68$6.72$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.31$1.12$2.19$5.11$4.60$0.51
2021Detailed filing. Detailed filing data is available for this year.$1.92$0.12$1.80$1.26$1.57$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$2.85$3.35$0.50
2019Detailed filing. Detailed filing data is available for this year.$2.50$0.05$2.45$3.56$3.29$0.27
2018Detailed filing. Detailed filing data is available for this year.$2.28$0.11$2.17$2.97$3.00$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.97$0.77$2.20$3.11$2.82$0.29
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.77$1.91$2.78$2.45$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.42$0.84$1.58$2.51$2.10$0.40
2014Detailed filing. Detailed filing data is available for this year.$2.11$0.93$1.18$1.86$1.58$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.93$0.90$1.40$0.93$0.47
2012Summary only. Only limited summary data is available for this year.$1.41$0.98$0.98$0.73$0.25
2011Summary only. Only limited summary data is available for this year.$0.18$0.00$1.06$1.25$0.19
2010Summary only. Only limited summary data is available for this year.$0.38$0.00$0.90$1.33$0.42