TRIANGLE VOLLEYBALL CLUB INC

EIN: 020647356 501(c)(3) Recreation & Sports

MORRISVILLE, NC

Total Revenue
$3,129,331
Total Expenses
$3,166,265
Total Assets
$1,382,768
Net Assets
$951,203
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
SHERRY FADOOL
Phone
9194628196
Tax Period
2024-09-01 to 2025-08-31

TRIANGLE VOLLEYBALL CLUB INC, founded in 2002, is a community nonprofit in the Recreation & Sports sector that reported $3.1M in total revenue in fiscal year 2024.

Mission

THE TRIANGLE VOLLEYBALL CLUB IS COMMITTED TO THE EDUCATION AND PROMOTION OF THE WHOLE PERSON THROUGH EXCELLENCE IN VOLLEYBALL.

Program Service Accomplishments

Program 1
Expenses: $1,066,087 Revenue: $538,156

THE SEASONAL CAMPS ENCOMPASS TRAINING FOR THE BEGINNER AS WELL AS THE ELITE ATHLETE. ATHLETES TRAIN TO IMPROVE SKILLS WITH THE GOAL OF MAKING THEIR MIDDLE AND HIGH SCHOOL TEAMS. THERE ARE...

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THE SEASONAL CAMPS ENCOMPASS TRAINING FOR THE BEGINNER AS WELL AS THE ELITE ATHLETE. ATHLETES TRAIN TO IMPROVE SKILLS WITH THE GOAL OF MAKING THEIR MIDDLE AND HIGH SCHOOL TEAMS. THERE ARE APPROXIMATELY 700 CAMPERS THROUGHOUT THE YEAR.

Program 2
Expenses: $1,384,551 Revenue: $698,916

A VOLLEYBALL PROGRAM DEVOTED TO THE ATHLETIC AND PERSONAL DEVELOPMENT OF STUDENT ATHLETES (AGES 10-18) THROUGH COMPETITIVE PARTICIPATION IN THE SPORT OF VOLLEYBALL, EXPERT TRAINING AND EDUCATION...

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A VOLLEYBALL PROGRAM DEVOTED TO THE ATHLETIC AND PERSONAL DEVELOPMENT OF STUDENT ATHLETES (AGES 10-18) THROUGH COMPETITIVE PARTICIPATION IN THE SPORT OF VOLLEYBALL, EXPERT TRAINING AND EDUCATION, PREPARATION FOR COLLEGIATE VOLLEYBALL, PROMOTION OF SPORTSMANSHIP AND TEAMWORK, AND PARTICIPATION IN PHILANTHROPIC WORK.

Program 3
Expenses: $530,001 Revenue: $267,542

THE JUNIOR CLUB VOLLEYBALL PROGRAM IS A COMPETITIVE PROGRAM NATIONALLY, REGIONALLY AND LOCALLY. TVC HAS 33 TEAMS, INCLUDING FOUR BOYS' TEAM FROM AGES 13-18. THERE ARE 338 STUDENT ATHLETES, MANY OF...

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THE JUNIOR CLUB VOLLEYBALL PROGRAM IS A COMPETITIVE PROGRAM NATIONALLY, REGIONALLY AND LOCALLY. TVC HAS 33 TEAMS, INCLUDING FOUR BOYS' TEAM FROM AGES 13-18. THERE ARE 338 STUDENT ATHLETES, MANY OF WHOM GO ON TO PLAY AT THE COLLEGIATE LEVEL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,638,218
Program Service Revenue $1,326,246
Investment Income $22,012
Other Revenue $142,855
TOTAL REVENUE $3,129,331

Expense Breakdown

Grants Paid $62,708
Salaries & Benefits $1,088,084
Fundraising Expenses $0
Program Expenses $2,980,639
Other Expenses $2,015,473
TOTAL EXPENSES $3,166,265

Year-over-Year Comparison

2024 2023 Change
Revenue $3,129,331 $3,070,094 +0.0%
Expenses $3,166,265 $2,961,197 +0.1%
Net Income $-36,934 $108,897 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
8
Employees
114
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$136,740
Total Directors
9
$20,717
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MARKS CHAIRMAN 1.00
Officer Director
$0 $0 $0
MARY ANN ENZWEILER SECRETARY 1.00
Officer Director
$20,717 $0 $20,717
CAREN ENLOE BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN SLAY BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH SAGULA BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTIE CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINA CROSS BOARD MEMBER 1.00
Director
$0 $0 $0
MOLLY MERRILL BOARD MEMBER 1.00
Director
$0 $0 $0
LORI SPELLS BOARD MEMBER 1.00
Director
$0 $0 $0
SHERRY FADOOL EXECUTIVE DIRECTOR / PRESI 40.00
Officer
$113,750 $2,273 $116,023
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,129,331 $3,166,265 $1,382,768 $-36,934
2024 $3,070,094 $2,961,197 $1,275,900 $108,897
2023 $2,643,534 $2,785,726 $1,189,739 $-142,192
2022 $2,498,616 $2,498,321 $1,316,754 $295
2021 $1,809,656 $1,803,219 $1,246,288 $6,437
2020 $1,965,929 $1,838,262 $1,211,463 $127,667
2019 $1,966,869 $1,773,619 $934,133 $193,250
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