Triangle Day School Inc
- Assets
- $8.6m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 61
- Location
- Durham, NC
- Founding
- 05/1993
- Data as of
- 06/2021
- EIN
- 56-1736992
Organization Overview
Triangle Day School Inc is located in Durham, NC. The organization was established in 1993. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2021, Triangle Day School Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Day School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Triangle Day School Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER INTELLECTUAL ENGAGEMENT, ENTHUSIAM FOR LEARING, CREATIVITY IN THINKING AND RESPECT FOR EACH OTHER AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE A NON SECTARIAN EDUCATONAL FACILITY PROVIDING A TRADITONAL LIBERAL ARTS EDUCATION FOR STUDENTS IN GRADES TRANSITIONAL KINDERGARTEN THROUGH 8TH. TOTAL ENROLLMENT FOR THE 2020-2021 SCHOOL YEAR WAS 271 STUDENTS. WE ALSO OFFER AN AFTER SCHOOL ENRICHMENT PROGRAM WITH A VARIETY OF OPTIONAL INSTRUCTION AND ACTIVITIES AS WELL AS A SUMMER PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Norry Head Of School | Officer | 40 | $183,224 |
Tammy Fox Chair | OfficerTrustee | 3 | $0 |
Shayla Higginbotham Secretary | OfficerTrustee | 3 | $0 |
Kimberly Johnson Vice Chair | OfficerTrustee | 3 | $0 |
Ryan Mcdevitt Treasurer | OfficerTrustee | 3 | $0 |
Sheryl Blackwell Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $732,967 |
| Investment income | $3,892 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,762 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,280,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $335,993 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $234,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,384,591 |
| Pension plan accruals and contributions | $34,844 |
| Other employee benefits | $348,122 |
| Payroll taxes | $185,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,148 |
| Fees for services: Accounting | $15,199 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,534 |
| Advertising and promotion | $46,941 |
| Office expenses | $96,367 |
| Information technology | $77,979 |
| Royalties | $0 |
| Occupancy | $214,345 |
| Travel | $1,477 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $75,600 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $227,630 |
| Insurance | $38,610 |
| All other expenses | $0 |
| Total functional expenses | $4,590,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,407,299 |
| Savings and temporary cash investments | $1,458,270 |
| Pledges and grants receivable | $28,166 |
| Accounts receivable, net | $23,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $2,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,607,980 |
| Accounts payable and accrued expenses | $352,783 |
| Grants payable | $0 |
| Deferred revenue | $540,085 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,773,868 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,666,736 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,941,244 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Triangle Day School Inc has recieved totaling $18,777.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,868 |
Whaley Family Foundation Inc Durham, NC PURPOSE: TDS ANNUAL FUND | $5,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $2,250 |
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,304 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $355 |
Endowment Analysis
| Net Contributions | $20,291 |
| Ending Balance | $20,291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Wake County Smartstart Raleigh, NC | $3,415,796 | $19,658,248 |
Livingston Byrdstown Jamestown And Cookeville Development Corporation Cookeville, TN | $2,043,241 | $13,554,742 |
Columbia Academy School Columbia, TN | $17,513,853 | $13,288,512 |
Montessori School Of Raleigh Inc Raleigh, NC | $11,662,431 | $8,380,387 |
Smart Start Of Forsyth County Winston Salem, NC | $369,779 | $8,124,286 |
Caldwell Academy Greensboro, NC | $20,742,733 | $8,088,099 |
The Augusta Preparatory Day School Martinez, GA | $25,344,401 | $14,944,838 |
High Meadows School Inc Roswell, GA | $15,794,704 | $8,144,978 |
Niswonger Foundation Greeneville, TN | $22,434,674 | $9,108,493 |
Richmond Montessori School Inc Richmond, VA | $10,937,942 | $7,480,859 |
Clarksville Academy Clarksville, TN | $6,723,954 | $6,391,160 |