Public 990 Summary
EIN 561803864 · Latest tax year 2024 · Usable public filing summary
RALEIGH, NC · teafnc.org
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TRIANGLE EDUCATIONAL ADVANCEMENT has a public Form 990 profile, but an AlignMint donation portal is not live yet. Review the public filing signals and share the claim link with the nonprofit if the profile should be activated.
Program ratio
Not enough public dataFundraising ratio
0%Admin ratio
Not enough public dataProgram ratio estimates the share of reported expenses used for programs. Fundraising ratio estimates fundraising expense share. Admin ratio estimates management and general expense share when the public fields reconcile.
Ratios use reported functional expenses when available and are only derived when the public fields reconcile with total expenses.
Recent prepared public snapshots appear here as the directory rollup processes more 990 filings. Use the ProPublica link for the full public filing archive when a prior year is not shown yet.
Revenue: $384,180
Expenses: $347,210
Program ratio: Not reported
Latest public tax year: 2024. Ask for newer financials if the organization has not filed a recent 990 yet.
Compare the mission narrative with the program-service rows and the nonprofit's current website.
Program ratio: Not enough public data. Fundraising ratio: 0%. Admin ratio: Not enough public data.
This profile is public research only until the nonprofit claims it and connects payment integrations.
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.
Public Form 990 officer rows; not a staff or contact directory.
SECRETARY & TREASURER
1 hours/week · Reportable compensation: $0
BOARD MEMBER
1 hours/week · Reportable compensation: $0
PRESIDENT
1 hours/week · Reportable compensation: $0
BOARD MEMBER
1 hours/week · Reportable compensation: $0
EXECUTIVE DIRECTOR
4 hours/week · Reportable compensation: $20,000
BOARD MEMBER
1 hours/week · Reportable compensation: $0
Tax year 2024 · Source 202532969349300023 · Parser opportunity-intelligence-financials-v1
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THE PURPOSE OF THE ORGANIZATION IS THE POSITIVE DEVELOPMENT OF YOUTH THROUGH THE IMPROVEMENT OF THEIR LIFE SKILLS, I.E. ACCEPTING RESPONSIBILITY, CULTIVATING CITIZENSHIP, DEVELOPING LEADERSHIP, SOCIAL, AND COMMUNICATION SKILLS; PROVIDE THE OPPORTUNITY TO HAVE THEIR ANIMALS APPRAISED BY THE MOST COMPETENT JUDGES AND TO EXPERIENCE VICTORY OR DEFEAT; PROVIDING AN EDUCATIONAL EXPERIENCE IN WHICH THEY LEARN ABOUT THE ECONOMIC VALUE OF DESIRABLE MARKET TRAITS AND HOW TO RECOGNIZE THOSE TRAITS; IMPROVE THEIR SKILL IN ANIMAL CARE, ANIMAL PRODUCTS AND HOW THEY ARE PRODUCED; PRESENT THEM WITH THE CHALLENGE OF HELPING TO EDUCATE THE GENERAL PUBLIC OF WHAT LIVESTOCK PRODUCTION IS AND WHAT IT INVOLVES; PROVIDING THE OPPORTUNITY TO MEET AND BECOME ACQUAINTED WITH BUSINESS LEADERS AND THOSE WHO BUY THEIR ANIMALS AND HELP SUPPORT THE SHOW.
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