Triangle Area Network Inc
- Assets
- $2.9m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 80
- Location
- Beaumont, TX
- Founding
- 12/1987
- Data as of
- 12/2023
- EIN
- 76-0226835
Organization Overview
Triangle Area Network Inc is located in Beaumont, TX. The organization was established in 1987. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Triangle Area Network Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Area Network 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 12/2023, Triangle Area Network Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $5.8m during the year ending 12/2023. While expenses have increased by 13.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRIANGLE AREA NETWORK SERVES THE HEALTH NEEDS OF INDIVIDUALS AND FAMILIES IN OUR AREA: PROVIDE PRIMARY ,PREVENTIVE HEALTHCARE SERVICES; OPERATE IN A COST EFFECTIVE MANNER THAT ALLOWS AFFORDABLE SERVICES FOR EVERYONE;INCLUDING ADVOCACY,EDUCATION,AND CARE FOR PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH AND SUPPORT SERVICES:PRIMARY AND PREVENTIVE HEALTH CARE TO INDIVIDUALS LIVING IN SOUTHEAST TX; REGARDLESS OF ABILITY TO PAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Bass Treasurer | OfficerTrustee | 5 | $0 |
Sally Burman Member | Trustee | 1 | $0 |
Jana Daigle Member | Trustee | 1 | $0 |
Jonathon Dixxon Chair | OfficerTrustee | 1 | $0 |
Mel Spell Member | Trustee | 1 | $0 |
Deven Michael Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $306,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,307,283 |
| Total Program Service Revenue | $3,330,423 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,637,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $606,672 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,698 |
| Compensation of current officers, directors, key employees. | $20,272 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,973,119 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $248,430 |
| Payroll taxes | $244,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $32,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $55,241 |
| Office expenses | $262,588 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,041 |
| Travel | $63,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,389 |
| Interest | $178,091 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $126,707 |
| Insurance | $56,232 |
| All other expenses | $18,576 |
| Total functional expenses | $5,751,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,446 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $422,444 |
| Accounts receivable, net | $243,765 |
| 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 |
| Net Land, buildings, and equipment | $465,110 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $963,222 |
| Other assets | $10,520 |
| Total assets | $2,910,507 |
| Accounts payable and accrued expenses | $315,249 |
| Grants payable | $0 |
| Deferred revenue | $91,476 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,059,088 |
| Total liabilities | $1,465,813 |
| Net assets without donor restrictions | $1,444,694 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,910,507 |