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Triangle Volleyball Club Inc

EIN 02-0647356 · Morrisville, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair68 out of 100GovernanceFair55 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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

Income
$3.1 million
Spending
$3.2 million
Spent on programs
94%
Reserves
3.1 months of spending
Largest source of income
donations and private grants, 52%
Employees
114
Volunteers
200
Highest pay
$116,023, executive director / presi

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 68 out of 100. Higher than 37% of charities in its peer group (recreation and sports, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.1 months of spending.

  • Debt

    10 of 20

    It owes 31% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 55 out of 100. Higher than 26% of charities in its peer group (recreation and sports, $1m to $10m).

  • Independent board

    25 of 25

    8 of 9 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.1 million spent. 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.
  2. $1.4 million spent. 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.
  3. $530,001 spent. 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.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending August 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.