Civic Intelligence

Triangle Flying Disc Association

990 • Fiscal year 2021 • EIN 56-2038555

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 04, 2021

PO Box 112Morrisville, NC 27560

(919) 907-1279

Siviq Scores

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

Liabilities / Assets

78th percentile

0.06x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Net Margin

13th percentile

-24%

Higher net margin than 13% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2021 filings • NTEE N • <$500k nonprofits • Source year 2021

Asset Growth

27th percentile

-6.4%

Faster asset growth than 27% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-56%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • NTEE N • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$191,918

Down $13,159 (-6.4%) from 2020

Net Assets

Down

$180,156

Down $24,790 (-12%) from 2020

Liabilities

Up

$11,762

Up $11,631 (+8879%) from 2020

Revenue

Down

$126,083

Down $158,647 (-56%) from 2020

Expenses

Down

$156,856

Down $177,695 (-53%) from 2020

Net Income

Up

-$30,773

Up $19,048 (+38%) from 2020

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

2021

Assets$191,918
Liabilities$11,762
Net Assets$180,156

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

2021

Revenue$126,083
Expenses$156,856
Net Income-$30,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$126,083
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.

Creating opportunties for people to play enjoy and benefit from Ultimate in NC with emphasis on youth development and participation

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$73,293$100,858▲ $27,565
Investments in Publicly Traded Securities$131,484$83,063▼ $48,421
Prepaid Expenses and Deferred Charges-$7,697-
Total Assets$205,077$191,918▼ $13,159
Other Assets Total$300$300→ $0
Liabilities
Accounts Payable and Accrued Expenses$131$9,948▲ $9,817
Other Liabilities-$1,814-
Total Liabilities$131$11,762▲ $11,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$204,946$180,156▼ $24,790
Total Net Assets Fund Balance$204,946$180,156▼ $24,790
Total Liabilities and Net Assets / Fund Balance$205,077$191,918▼ $13,159

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$300--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Somer ShivelyBoard Chair
Tom MunozChair Emeritus
Denise FlemingYouth Chair
Seth GoldBoard Vice Chair
Amy SmokerBoard Member
Ivy JohnsonBoard Member
Jeffrey StoutBoard Member
Joseph WolharBoard Member
Kathleen WilnerBoard Member
Kofi ThompsonBoard Member
Noah SaulBoard Member
Shira VielBoard Member
Tristan GreenExecutive Director
Stephane DanielsSecretary
Ari ShapiroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,246
Program Service Revenue
$82,289
Investment Income
$6,548
Other Revenue
$0
All Other Contributions
$22,891
Change in Net Assets
$-30,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$91,737
Other Expenses$65,119
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,779$4,087-$40,866
Other Salaries and Wages$33,829--$33,829
Payroll Taxes$11,978$1,331-$13,309
Information Technology$4,803--$4,803
Insurance$4,784--$4,784
Other Employee Benefits$3,360$373-$3,733
Advertising$1,403--$1,403
Occupancy$900--$900
All Other Expenses$856--$856
Office Expenses$601$66-$667
Other Expenses$533--$533
Travel$2--$2
Total Functional Expenses$150,999$5,857$0$156,856
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
Nc Payroll Taxes$95
Governance and Compliance

Governance Checklist

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

Governance Explanations

Part VI Line 11B

Submitted to finance committee, exec. Committee, then board

Part VI Line 11B

PRIOR TO SUBMISSION

Part VI Line 12C

Limited access to books. Cross checking for expenditures by treasurer

Part VI Line 12C

And exec. Director and all employees with expense privledges

Part VI Line 15A or B

2020 - comparison with other similar size/scope organizations

Part VI Line 15A or B

(executive director salary)

Part VI Line 19

Association documents are available on the triangleultimate.org website

Part VI Line 19

and/or by request to the general public.

Filing and Contact Details

Filer

Filer Name
Triangle Flying Disc Association
EIN
56-2038555
In Care Of
% LAWRENCE J WOBKER
Phone
9199071279
Address
PO BOX 112, MORRISVILLE, NC 27560
Doing Business As
Triangle Ultimate

Signing Officer

Name
Lawrence J Wobker
Title
Treasurer
Phone
9199701279
Signed
2021-11-04

Organization Details

Principal Officer
Somer Shively
Formed
1997
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
50
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IRS990/PayrollTaxesGrp/ProgramServicesAmt011978
IRS990/PayrollTaxesGrp/TotalAmt013309
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07697
IRS990/PrincipalOfficerNm0SOMER SHIVELY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0ULTIMATE PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt082289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt082289
IRS990/ProgSrvcAccomActy2Grp/Desc0Summer Youth Club - returned to summer youth club programming after pandemic pause in CY2020. Ran Youth Club for over 175 participants, culminating with a new Regional Youth Tournament with teams from North Carolina and surrounding states.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt013638
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt033805
IRS990/ProgSrvcAccomActy3Grp/Desc0Adult Leagues- returned to Summer Adult programs after pandemic pause, with increased participation and league opportunities on every single day of the week.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04893
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt020542
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0101162
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03058
IRS990/PYOtherExpensesAmt0155901
IRS990/PYOtherRevenueAmt04525
IRS990/PYProgramServiceRevenueAmt0175985
IRS990/PYRevenuesLessExpensesAmt0-49821
IRS990/PYSalariesCompEmpBnftPaidAmt0178650
IRS990/PYTotalExpensesAmt0334551
IRS990/PYTotalRevenueAmt0284730
IRS990/ReconcilationRevenueExpnssAmt0-30773
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt019583
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FEDERAL PPP GRANTS (PAYROLL PROTECTION PRGM)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II Line 10/Part III Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023556
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt073608
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt054092
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt045559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020317
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0217132
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03058
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0110
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt082289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0178859
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0279308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0248717
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0287532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01076705
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06548
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03058
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09834
IRS990ScheduleA/InvestmentIncomeCYPct00.00728
IRS990ScheduleA/InvestmentIncomePYPct00.00225
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt01677
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt02539
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt02381
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt06597
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt013690
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt027500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041190
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95736
IRS990ScheduleA/PublicSupportPY509Pct00.97507
IRS990ScheduleA/PublicSupportTotal509Amt01293837
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0105845
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0252467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0333400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0294276
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0307849
IRS990ScheduleA/Total509Grp/TotalAmt01293837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0126083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0283025
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0335195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0296925
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0310230
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01351458
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt01719
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0300
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RENT FACILITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NC PAYROLL TAXES
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0300
IRS990ScheduleD/TotalLiabilityAmt01814
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUBMITTED TO FINANCE COMMITTEE, EXEC. COMMITTEE, THEN BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LIMITED ACCESS TO BOOKS. CROSS CHECKING FOR EXPENDITURES BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AND EXEC. DIRECTOR AND ALL EMPLOYEES WITH EXPENSE PRIVLEDGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt42020 - COMPARISON WITH OTHER SIMILAR SIZE/SCOPE ORGANIZATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5(EXECUTIVE DIRECTOR SALARY)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Association documents are available on the triangleultimate.org website
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7and/or by request to the general public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0205077
IRS990/TotalAssetsEOYAmt0191918
IRS990/TotalAssetsGrp/BOYAmt0205077
IRS990/TotalAssetsGrp/EOYAmt0191918
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037246
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

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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