Triangle Lightning
- Assets
- $13.7k
- Revenue
- $37.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Wendell, NC
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 01-0562689
Organization Overview
Triangle Lightning is located in Wendell, NC. The organization was established in 2002. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triangle Lightning 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 12/2021, Triangle Lightning generated $37.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $31.8k during the year ending 12/2021. While expenses have increased by 3.5% 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
IT'S THE MISSION OF TRIANGLE LIGHTNING TO CULTIVATE AN ENVIRONMENT THAT DEVELOPS YOUNG LADIES BOTH ON AND OFF THE FIELD. WE ARE DEDICATED TO THE IDEA OF INSPIRING OUR PLAYERS RATHER THAN INTIMIDATING AND MANIPULATING THEM. SOFTBALL IS THE PODIUM WE USE TO SHAPE THE LIVES OF THE YOUNG LADIES WE ARE PRIVILEGED TO COACH. WE BELIEVE A CULTURE BUILT ON INTEGRITY, SPORTSMANSHIP, HARD WORK, RESPECT, AND SERVANT LEADERSHIP WILL DEVELOP CHARACTER-DRIVEN PLAYERS AND PREPARE THEM TO BE " LEADERS FOR LIFE".
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION FIELDS GIRL'S SOFTBALL TEAMS IN VARIOUS AGE GROUPS RANGING FROM 8 - 18. TEAM MEMBERSHIP IS SELECTED BASED UPON THE ABILITY OF THE INDIVIDUAL TO PLAY THE SPORT WITH EACH TEAM CONSISTING OF APPROXIMATELY 14 PLAYERS. THE GOAL OF THE ORGANIZATION IS TO FOCUS ON THE PLAYER'S DEVELOPMENT AND GROWTH, BOTH ON AND OFF THE FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Chamblee President | OfficerTrustee | 5 | $0 |
Patricia Chamblee Treasurer | OfficerTrustee | 15 | $0 |
Kimberley Vardy Secretary | OfficerTrustee | 15 | $0 |
Brian Harris Vice Preside | OfficerTrustee | 0 | $0 |
Tim Moose Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,460 |
| Total Program Service Revenue | $28,572 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,154 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,186 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,126 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,661 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,426 |
| Total functional expenses | $31,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,737 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,737 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $13,737 |
| 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 | $13,737 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Baseball Federation Inc Durham, NC | $5,122,144 | $8,202,476 |
Chantilly Youth Association Inc Chantilly, VA | $7,555,946 | $3,403,813 |
Hurricanes Baseball Fredericksburg, VA | $620,272 | $2,544,250 |
Ecb Inc Canton, GA | $5,748,500 | $937,291 |
Northern Virginia Travel Baseball League Herndon, VA | $1,029,171 | $1,260,557 |
Brentwood Baseball Inc Brentwood, TN | $376,722 | $761,962 |
Southwest Athletics Inc Clemmons, NC | $3,325,327 | $829,282 |
Mt Juliet League Inc Mt Juliet, TN | $991,694 | $794,006 |
Cuyahoga Valley Youth Organization Inc Crossville, TN | $454,390 | $914,040 |
Buckhead Baseball Inc Atlanta, GA | $1,323,731 | $666,103 |
Furman Youth Association Inc Greenville, SC | $0 | $715,753 |
W G Warriors Inc Carrollton, GA | $161,398 | $825,046 |