Civic Intelligence

Triangle Charter Education Association Inc.

990 • Fiscal year 2020 • EIN 90-1031905

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

Organization ProfileWWW.TRIANGLECHARTEREDUCATIONASSOCIATION.ORG
1020 St Charles PlaceCary, NC 27513

(919) 870-8763

Siviq Scores

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

Liabilities / Assets

96th percentile

1.30x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

1.52x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Net Margin

17th percentile

-7.9%

Higher net margin than 17% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Asset Growth

4th percentile

-8.1%

Faster asset growth than 4% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

6.3%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$10,387,317

Down $917,872 (-8.1%) from 2019

Net Assets

Down

-$3,123,329

Down $701,841 (-29%) from 2019

Liabilities

Down

$13,510,646

Down $216,031 (-1.6%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin17th percentile

Revenue

Up

$8,864,608

Up $524,281 (+6.3%) from 2019

Expenses

Up

$9,566,449

Up $614,623 (+6.9%) from 2019

Net Income

Down

-$701,841

Down $90,342 (-15%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$40M$20M$0-$20MAssets 2015: $14,540,307Liabilities 2015: $15,261,088Net Assets 2015: -$720,7812015Assets 2016: $13,871,276Liabilities 2016: $14,889,404Net Assets 2016: -$1,018,1282016Assets 2017: $13,533,688Liabilities 2017: $14,707,392Net Assets 2017: -$1,173,7042017Assets 2018: $12,272,143Liabilities 2018: $14,082,132Net Assets 2018: -$1,809,9892018Assets 2019: $11,305,189Liabilities 2019: $13,726,677Net Assets 2019: -$2,421,4882019Assets 2020: $10,387,317Liabilities 2020: $13,510,646Net Assets 2020: -$3,123,3292020Assets 2021: $23,775,884Liabilities 2021: $27,218,797Net Assets 2021: -$3,442,9132021Assets 2022: $23,342,230Liabilities 2022: $27,011,173Net Assets 2022: -$3,668,9432022Assets 2023: $34,519,295Liabilities 2023: $38,709,458Net Assets 2023: -$4,190,1632023Assets 2024: $32,364,888Liabilities 2024: $38,355,316Net Assets 2024: -$5,990,4282024

Highlighted filing

2020

Assets$10,387,317
Liabilities$13,510,646
Net Assets-$3,123,329
Open 2020 Filing

Operations Trend

Revenue Growth59th percentile

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

$20M$10M$0-$10MRevenue 2015: $5,186,544Expenses 2015: $5,907,325Net Income 2015: -$720,7812015Revenue 2016: $7,302,798Expenses 2016: $7,600,145Net Income 2016: -$297,3472016Revenue 2017: $9,164,098Expenses 2017: $9,319,674Net Income 2017: -$155,5762017Revenue 2018: $8,787,365Expenses 2018: $9,423,650Net Income 2018: -$636,2852018Revenue 2019: $8,340,327Expenses 2019: $8,951,826Net Income 2019: -$611,4992019Revenue 2020: $8,864,608Expenses 2020: $9,566,449Net Income 2020: -$701,8412020Revenue 2021: $15,148,719Expenses 2021: $15,468,303Net Income 2021: -$319,5842021Revenue 2022: $17,804,747Expenses 2022: $18,030,777Net Income 2022: -$226,0302022Revenue 2023: $18,160,737Expenses 2023: $18,681,957Net Income 2023: -$521,2202023Revenue 2024: $16,591,358Expenses 2024: $18,391,623Net Income 2024: -$1,800,2652024

Highlighted filing

2020

Revenue$8,864,608
Expenses$9,566,449
Net Income-$701,841
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.2
Gross Receipts
$8,864,608
Mission and Program Overview

Mission

The triangle charter educational association is a north carolina not-for-profit entity organized exclusively for educational purposes and is comprised of respected leaders in the state of north carolina that are committed to providing high quality educational options for the citizens of the state. The association governs cardinal charter academy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,414,357$9,701,186▼ $713,171
Cash and Non-Interest-Bearing Accounts$245,166$666,881▲ $421,715
Cap Stk Tr Prin Current Funds$378,024$115,276▼ $262,748
Pledges and Grants Receivable$232,928$10,117▼ $222,811
Accounts Receivable$38,845$5,796▼ $33,049
Prepaid Expenses and Deferred Charges$1,430$715▼ $715
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$-2,799,512$-3,238,605▼ $439,093
Total Assets$11,305,189$10,387,317▼ $917,872
Other Assets Total$372,463$2,622▼ $369,841
Liabilities
Other Liabilities$13,251,835$13,023,507▼ $228,328
Accounts Payable and Accrued Expenses$474,842$487,139▲ $12,297
Total Liabilities$13,726,677$13,510,646▼ $216,031
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,421,488$-3,123,329▼ $701,841
Total Liabilities and Net Assets / Fund Balance$11,305,189$10,387,317▼ $917,872

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,601,395$4,033,722$13,635,117
Equipment$88,830$1,357,619$1,446,449
Leasehold Improvements$10,961$7,532$18,493
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
E Allen Taylor JrPresident
Alex KrawchickVice President
Elaine ShamelDirector
Megan ChristieSecretary
Candi HughesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kerr Connect LLCEducational Therapy1319 MILITARY CUTOFF RD, Wilmington, NC 28405$197,894
Revenue and Support

Revenue Composition

Contributions and Grants
$8,703,569
Program Service Revenue
$161,039
Investment Income
$0
Other Revenue
$0
All Other Contributions
$176,623
Change in Net Assets
$-701,841

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,864,608
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,864,608
Total Revenue per Form 990
$8,864,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,057,413
Salaries, Compensation, and Employee Benefits$4,509,036
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,439,576$332,724-$3,772,300
Interest-$1,440,534-$1,440,534
Fees for Services Other$728,415$259,645-$988,060
Depreciation Depletion$768,796--$768,796
Fees for Services Management-$431,752-$431,752
Other Employee Benefits$399,531$22,258-$421,789
Payroll Taxes$273,693$26,041-$299,734
Occupancy$223,925--$223,925
Fees for Services Accounting-$189,200-$189,200
All Other Expenses$102,942$23,644-$126,586
Information Technology$103,974--$103,974
Other Expenses$93,347$727-$94,074
Insurance$43,888--$43,888
Advertising$26,838--$26,838
Fees for Services Legal-$17,314-$17,314
Pension Plan Contributions$13,951$1,262-$15,213
Travel-$12,294-$12,294
Office Expenses-$11,497-$11,497
Conferences and Meetings$5,269--$5,269
Total Functional Expenses$6,660,193$2,906,256$0$9,566,449

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,566,449
Total Expenses per Audited Statements$9,566,449
Total Expenses per Form 990$9,566,449
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Capital Lease Liabilities$12,939,791
Compensated Absences$74,532
Due to Management Company$9,184
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The association contracted with a charter school management company to be accountable to the board for the administration, operation, and performance of the charter school in accordance with the charter agreement.”

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

“A copy of form 990 was provided to the board of directors by the association's independent accounting firm. It was reviewed and approved by the governing board prior to government submission.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is monitored and enforced through the standards and provisions set forth by the north carolina state board of education. Board members are required to disclose any possible conflicts of interest annually.”

Form 990, Part VI, Section C, Line 18

“The association's form 990 is available upon request to the management company. The form 990 can also be found on www.guidestar.com.”

Form 990, Part VI, Section C, Line 19

“The association makes its governing documents, conflicts of interest policy, and audited financial statements available to the public upon request to the management company.”

Filing and Contact Details

Filer

Filer Name
Triangle Charter Education
EIN
90-1031905
Phone
9198708763
Address
1020 ST CHARLES PLACE, CARY, NC 27513

Signing Officer

Name
E Allen Taylor Jr
Title
President
Phone
9198708763
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
E Allen Taylor Jr
Formed
2013
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
KEEFE MCCULLOUGH & CO LLP CPA'S
Address
6550 N FEDERAL HIGHWAY SUITE 410, FT LAUDERDALE, FL 33308
Preparer
William G Benson
Phone
9547710896
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 296,663. Management and general expenses 0. Fundraising expenses 0. Total expenses 296,663. Contracted labor: program service expenses 431,752. Management and general expenses 259,645. Fundraising expenses 0. Total expenses 691,397.”

Form 990, Part XII, Line 2C

“There were no changes from prior year.”

Raw XML AppendixShowing 400 of 422 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0CARDINAL CHARTER ACADEMY: IS A TUITION-FREE PUBLIC CHARTER SCHOOL EDUCATING STUDENTS IN GRADES K-8 WHO RESIDE IN NORTH CAROLINA. THE SCHOOL CURRENTLY PROVIDES EDUCATION TO STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE. THE ACADEMY'S MISSION IS TO BUILD A STUDENT-CENTERED LEARNING ENVIRONMENT THAT IS PROJECT-BASED AND TECHNOLOGY-DRIVEN IN WHICH STUDENTS CAN REACH THEIR ACADEMIC POTENTIAL. WE VALUE ACADEMIC SUCCESS THROUGH THE USE OF DATA TO MEET INDIVIDUAL DIVERSE STUDENT NEEDS. CARDINAL CHARTER ACADEMY WILL FOSTER A CULTURE OF INNOVATION AND INQUIRY USING TECHNOLOGY AS THE MEDIUM.
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IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026041
IRS990/PayrollTaxesGrp/ProgramServicesAmt0273693
IRS990/PayrollTaxesGrp/TotalAmt0299734
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-2799512
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-3238605
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01262
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013951
IRS990/PensionPlanContributionsGrp/TotalAmt015213
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0232928
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010117
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01430
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0715
IRS990/PrincipalOfficerNm0E ALLEN TAYLOR JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTERCARE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt095299
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165740
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt095299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165740
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08086034
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04915019
IRS990/PYOtherRevenueAmt03578
IRS990/PYProgramServiceRevenueAmt0250715
IRS990/PYRevenuesLessExpensesAmt0-611499
IRS990/PYSalariesCompEmpBnftPaidAmt04036807
IRS990/PYTotalExpensesAmt08951826
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08340327
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-701841
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0161039
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09601395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04033722
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013635117
IRS990ScheduleD/EquipmentGrp/BookValueAmt088830
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01357619
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01446449
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09566449
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010961
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07532
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt018493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012939791
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt174532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO MANAGEMENT COMPANY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08864608
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09701186
IRS990ScheduleD/TotalExpensesPerForm990Amt09566449
IRS990ScheduleD/TotalLiabilityAmt013023507
IRS990ScheduleD/TotalRevenuePerForm990Amt08864608
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08864608
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09566449
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER NORTH CAROLINA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUCEMENTS AND PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION RECEIVES COMPENSATION FOR SERVICES IN THE FORM OF AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERNMENTS, WHICH ALSO INCLUDES FUNDING FOR STUDENT ENROLLMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION CONTRACTED WITH A CHARTER SCHOOL MANAGEMENT COMPANY TO BE ACCOUNTABLE TO THE BOARD FOR THE ADMINISTRATION, OPERATION, AND PERFORMANCE OF THE CHARTER SCHOOL IN ACCORDANCE WITH THE CHARTER AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BY THE ASSOCIATION'S INDEPENDENT ACCOUNTING FIRM. IT WAS REVIEWED AND APPROVED BY THE GOVERNING BOARD PRIOR TO GOVERNMENT SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH THE STANDARDS AND PROVISIONS SET FORTH BY THE NORTH CAROLINA STATE BOARD OF EDUCATION. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION'S FORM 990 IS AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY. THE FORM 990 CAN ALSO BE FOUND ON WWW.GUIDESTAR.COM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 296,663. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 296,663. CONTRACTED LABOR: PROGRAM SERVICE EXPENSES 431,752. MANAGEMENT AND GENERAL EXPENSES 259,645. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 691,397.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE WERE NO CHANGES FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011305189
IRS990/TotalAssetsEOYAmt010387317
IRS990/TotalAssetsGrp/BOYAmt011305189
IRS990/TotalAssetsGrp/EOYAmt010387317
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08703569
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02906256
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06660193
IRS990/TotalFunctionalExpensesGrp/TotalAmt09566449
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013726677
IRS990/TotalLiabilitiesEOYAmt013510646
IRS990/TotalLiabilitiesGrp/BOYAmt013726677
IRS990/TotalLiabilitiesGrp/EOYAmt013510646
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2421488
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3123329
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt06660193
IRS990/TotalProgramServiceRevenueAmt0161039
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0161039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08864608
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011305189
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010387317
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt012294
IRS990/TravelGrp/TotalAmt012294
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011408 LOSTWOOD LN
IRS990/USAddress/CityNm0RALEIGH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027614
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.TRIANGLECHARTEREDUCATIONASSOCIATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0E ALLEN TAYLOR JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09198708763
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIANGLE CHARTER EDUCATION

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,387,317
Liabilities
$13,510,646
Net assets
-$3,123,329
Revenue
$8,864,608
Expenses
$9,566,449
Net income
-$701,841
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.4$38.4$5.99$16.6$18.4$1.80
2023Detailed filing. Detailed filing data is available for this year.$34.5$38.7$4.19$18.2$18.7$0.52
2022Detailed filing. Detailed filing data is available for this year.$23.3$27.0$3.67$17.8$18.0$0.23
2021Detailed filing. Detailed filing data is available for this year.$23.8$27.2$3.44$15.1$15.5$0.32
2020Detailed filing. Detailed filing data is available for this year.$10.4$13.5$3.12$8.86$9.57$0.70
2019Detailed filing. Detailed filing data is available for this year.$11.3$13.7$2.42$8.34$8.95$0.61
2018Detailed filing. Detailed filing data is available for this year.$12.3$14.1$1.81$8.79$9.42$0.64
2017Detailed filing. Detailed filing data is available for this year.$13.5$14.7$1.17$9.16$9.32$0.16
2016Detailed filing. Detailed filing data is available for this year.$13.9$14.9$1.02$7.30$7.60$0.30
2015Detailed filing. Detailed filing data is available for this year.$14.5$15.3$0.72$5.19$5.91$0.72