TRIANGLE UNIVERSITIES CENTER FOR ADVANCED STUDIES INC

EIN: 510175686 501(c)(3)

DURHAM, NC

Total Revenue
$516,767
Total Expenses
$342,210
Total Assets
$4,785,649
Net Assets
$4,782,985
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NC
Phone
9195498181
Tax Period
2024-07-01 to 2025-06-30

TRIANGLE UNIVERSITIES CENTER FOR ADVANCED STUDIES INC, founded in 1975, is a small nonprofit that reported $517K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $175K, a strong 34% operating margin.

Mission

TO ASSIST IN THE PLANNING AND EXECUTION OF RESEARCH AND EDUCATIONAL PROGRAMS BY JOINT ACTIVITY WITH NORTH CAROLINA STATE UNIVERSITY, DUKE UNIVERSITY, AND THE UNIVERSITY OF NORTH CAROLINA.

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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 $0
Program Service Revenue $0
Investment Income $150,410
Other Revenue $366,357
TOTAL REVENUE $516,767

Expense Breakdown

Grants Paid $250,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,000
Other Expenses $92,210
TOTAL EXPENSES $342,210

Year-over-Year Comparison

2024 2023 Change
Revenue $516,767 $432,471 +0.2%
Expenses $342,210 $90,536 +2.8%
Net Income $174,557 $341,935 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

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
6
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR CHRIS FREEL VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
DR CHRIS MCCLURE VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
DR JENNIFER LODGE PRESIDENT 0.5
Officer Director
$0 $0 $0
DR JIM PFAENDTNER VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
FARAD ALI CHAIR 2.0
Officer Director
$0 $0 $0
ALYN GOODSON TRUSTEE 0.5
Director
$0 $0 $0
ANITA BROWN-GRAHAM TRUSTEE 0.5
Director
$0 $0 $0
DR AMY ROUSSEL TRUSTEE 0.5
Director
$0 $0 $0
DR JAMES DEAN TRUSTEE 0.5
Director
$0 $0 $0
DR KRISTA WALTON TRUSTEE 0.5
Director
$0 $0 $0
DR MOHAMED NOOR TRUSTEE 0.5
Director
$0 $0 $0
DR PENNY GORDON-LARSEN TRUSTEE 0.5
Director
$0 $0 $0
DR WARWICK ARDEN TRUSTEE 0.5
Director
$0 $0 $0
MICHAEL VOLLMER TRUSTEE 0.5
Director
$0 $0 $0
SCOTT LEVITAN EX-OFFICIO TRUSTEE 2.0
Director
$0 $0 $0
TOM SHANAHAN TRUSTEE 0.5
Director
$0 $0 $0
JESSICA WISNIEWSKI TREASURER & SECRETARY 2.0
Officer
$0 $0 $0
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 $516,767 $342,210 $4,785,649 $174,557
2024 $432,471 $90,536 $4,494,096 $341,935
2023 $416,834 $344,415 $3,973,976 $72,419
2022 $437,964 $73,829 $3,774,282 $364,135
2021 $533,093 $87,466 $3,774,424 $445,627
2020 $291,119 $71,571 $3,079,788 $219,548
2019 $363,013 $109,930 $2,769,378 $253,083
2018 $411,371 $80,378 $2,556,517 $330,993
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