Triangle Sports Commission Inc in Cary, North Carolina (NC)

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Triangle Sports Commission Inc
Employer Identification Number (EIN)300151626
Name of OrganizationTriangle Sports Commission Inc
In Care of NameHill Carrow
Address401 Harrison Oaks Blvd Ste 215, Cary, NC 27513
Websitehttp://www.trianglesportscommission.com
SubsectionEducational Organization, Charitable Organization
Ruling Date08/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2011
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$5,726
Amount of Income$45,849
Form 990 Revenue Amount$45,849
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Sports Training Facilities, Agencies


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Amount of income in 2011: $45,849 (it was $45,849 in 2013)
Triangle Sports Commission Inc: 

 $45,849
Other organizations performing similar types of work: 

 $85,412

Assets in 2011: $5,726 (it was $5,726 in 2013)
This organization: 

 $5,726
Other organizations performing similar types of work: 

 $43,701

Expenses in 2013: $53,905
Triangle Sports Commission Inc: 

 $53,905
Other organizations performing similar types of work: 

 $76,618

Income to expenses ratio in 2013: 0.9
Triangle Sports Commission Inc: 

 0.9
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 0.2%
Triangle Sports Commission Inc: 

 0.2%
Other organizations performing similar types of work: 

 24.6%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$119,897$45,849
Contributions, gifts, grants, and similar amounts received$0$100
Program service revenue including government fees and contracts$119,897$45,749
Membership dues and assessments$0$0
Investment income$0$0
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0$0
Other revenue$0$0
Total expenses$121,168$53,905
Total net assets$13,782$5,726
Excess/Deficit for the year$-1,271$-8,056
Net assets or fund balances at beginning of year$15,053$13,782
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$13,782$5,726
Balance Sheets
20122013
Total assets$13,782$5,726
Total liabilities$0$0
Net assets or fund balances$13,782$5,726
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$257,202
Subtotal$257,202
Gifts, grants, contributions, and membership fees received$100
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$257,102
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$257,202
Public support$257,202
Subtotal$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Charlotte Sports Foundation6337 Morrison Blvd, Charlotte, NC 28211-3510NC2014-06$9,571,792
2Cleveland County Alws Baseball Inc117a W Warren St, Shelby, NC 28150NC2010-11$2,452,141
3Usa South Athletic Conference Inc5400 Ramsey St, Fayetteville, NC 28311-1420NC2002-07$405,086
4Girls On The Run Of Union County Nc1930 Weddington Rd, Matthews, NC 28104-8318NC2010-06$161,845
5Soccer Academy Of Wilmington1901 Princess St, Wilmington, NC 28405-2938NC2002-01$126,141
6Sean May Foundation Corporation15105 D John Delaney Dr Ste 314, Charlotte, NC 28277NC2008-04$63,768
7Newbridge Ministries IncPo Box 5109, Mooresville, NC 28117NC2011-07$49,886
8Triangle Sports Commission Inc401 Harrison Oaks Blvd Ste 215, Cary, NC 27513NC2003-08$45,849
9Cabarrus Shooting Sports IncPO BOX 2122, Concord, NC 28026-6008NC2003-09$0
10Charlotte Sports Foundation Inc333 East Trade Street, Charlotte, NC 28202NC2000-11$0
11Enka Youth Sports Orgzanization Inc1091 Hendersonville Rd, Asheville, NC 28803-1873NC2015-03$0
12Fit & Able Productions Inc150 Wrenn Dr Po Box 2171, Cary, NC 27511NC2000-05$0
13Fvaa Sports126 South Fuquay Ave, Fuquayvarina, NC 27526NC2014-07$0
14National Collegeiate Waterski Association10944 Hickory Ridge Rd, Harrisburg, NC 28075-7678NC1999-01$0
15Official Lacrosse Combine Foundation IncPO BOX 10588, Greensboro, NC 27404-0588NC2001-10$0
16Poleflyers204 Connemara Drive, Cary, NC 27519NC2009-04$0
17Port City Pirates9 Atlanta St Unit 1, Wrightsville Beach, NC 28480NC2013-06$0
18Raleigh Area Triathletes704 Gannett St, Raleigh, NC 27606-1409NC2003-06$0
19Sailpack Foundation Inc, Sailpack Foundation5501 Millrace Trail, Raleigh, NC 27606NC2013-11$0
20Teammates 4 Life Inc18635 Starcreek Drive Ste F, Cornelius, NC 28031NC2014-09$0
Number of organizations performing similar types of work
Alaska10
Alabama14
Arkansas3
Arizona15
California139
Colorado28
Connecticut11
District of Columbia3
Delaware4
Florida57
Georgia24
Hawaii10
Iowa13
Idaho10
Illinois26
Indiana9
Kansas7
Kentucky12
Louisiana5
Massachusetts20
Maryland23
Maine2
Michigan22
Minnesota31
Missouri13
Mississippi2
Montana6
North Carolina24
North Dakota2
Nebraska6
New Hampshire9
New Jersey22
New Mexico10
Nevada10
New York47
Ohio23
Oklahoma11
Oregon26
Pennsylvania36
Rhode Island4
South Carolina8
South Dakota2
Tennessee12
Texas61
Utah6
Virginia19
Vermont5
Washington23
Wisconsin26
West Virginia7
International3
Total921

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