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Nonprofit · EIN 02-0647356

TRIANGLE VOLLEYBALL CLUB INC

Tax-exempt · MORRISVILLE, NC 27560

Financials

$2.6M$2.8M2022$3.1M$3M2023$3.1M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of TRIANGLE VOLLEYBALL CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$3,129,331$3,166,265-$36,934$1,382,768$431,565$951,203
August 31, 2024990$3,070,094$2,961,197$108,897$1,275,900$287,763$988,137
August 31, 2023990$2,643,534$2,785,726-$142,192$1,189,739$310,499$879,240
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$1,638,218
Membership dues
$1,635,892
Program service revenue
$1,326,246
Investment income
$22,012
Net rental income
$166,947
Net income from sales of inventory
-$35,513
Other revenue
$142,855

Expenses

Grants and similar amounts paid
$62,708
Compensation of officers, directors and key employees
$136,195
Other salaries and wages
$834,566
Salaries, compensation and benefits (total)
$1,088,084
Professional fundraising fees
$0
Accounting fees
$15,433
Occupancy
$537,227
Travel
$586,540
Depreciation
$12,537
Program services (functional)
$2,980,639
Management and general (functional)
$185,626

Balance sheet and other

Total assets, start of year
$1,275,900
Total assets, end of year
$1,382,768
Total liabilities, end of year
$431,565
Net assets, end of year
$951,203
Land, buildings and equipment
$138,447
Net assets without donor restrictions
$951,203
Gross receipts
$3,167,576
Employees
114
Volunteers
200
Year formed
2002
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SHERRY FADOOLEXECUTIVE DIRECTOR / PRESI
Officer
40$113,750$2,273
MARY ANN ENZWEILERSECRETARY
Trustee or director, Officer
1$20,717$0
MIKE MARKSCHAIRMAN
Trustee or director, Officer
1$0$0
CAREN ENLOEBOARD MEMBER
Trustee or director
1$0$0
ALAN SLAYBOARD MEMBER
Trustee or director
1$0$0
JOSEPH SAGULABOARD MEMBER
Trustee or director
1$0$0
CHRISTIE CLARKBOARD MEMBER
Trustee or director
1$0$0
CHRISTINA CROSSBOARD MEMBER
Trustee or director
1$0$0
MOLLY MERRILLBOARD MEMBER
Trustee or director
1$0$0
LORI SPELLSBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended August 31, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
SHERRY FADOOLEXECUTIVE DIRECTOR / PRESI
Officer
40$108,333$2,228
MARY ANN ENZWEILERSECRETARY
Trustee or director, Officer
1$22,408$0
ALAN SLAYCHAIRMAN
Trustee or director, Officer
1$0$0
CAREN ENLOEBOARD MEMBER
Trustee or director
1$0$0
MIKE MARKSBOARD MEMBER
Trustee or director
1$0$0
GLENN PHILLIPSBOARD MEMBER
Trustee or director
1$0$0
JOSEPH SAGULABOARD MEMBER
Trustee or director
1$0$0
LORI SPELLSBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended August 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
SHERRY FADOOLEXECUTIVE DIRECTOR / PRESI
Trustee or director, Officer
40$103,750$2,033
MARY ANN ENZWEILERSECRETARY
Trustee or director, Officer
1$21,877$0
ALAN SLAYCHAIRMAN
Trustee or director, Officer
1$0$0
LORI SPELLSBOARD MEMBER
Trustee or director
1$0$0
CAREN ENLOEBOARD MEMBER
Trustee or director
1$0$0
GLENN PHILLIPSBOARD MEMBER
Trustee or director
1$0$0
MIKE MARKSBOARD MEMBER
Trustee or director
1$0$0
JOSEPH SAGULABOARD MEMBER
Trustee or director
1$0$0
DAWN KABBESBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
121 COMPETITION CENTER DR, MORRISVILLE, NC 27560-9032
In care of
% SHERRY FADOOL
Principal officer (990 for 2024)
SHERRY FADOOL, 121 COMPETITION CENTER DR, MORRISVILLE, NC 27560
Signed the 990
SHERRY FADOOL, EXECUTIVE DIRECTOR
Phone
(919) 462-8196
Return prepared by
THOMAS JUDY & TUCKER PA

Mission

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

990 for the year ended August 31, 2025

Program accomplishments

  • 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.
    Expenses $1,066,087 · revenue $538,156
  • 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.
    Expenses $1,384,551 · grants $62,708 · revenue $698,916
  • 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.
    Expenses $530,001 · revenue $267,542

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
02-0647356
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,382,768
Income (IRS master file)
$3,167,576

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$3,129,331$3,166,265$1,382,768XML
990August 2024$3,070,094$2,961,197$1,275,900XML
990August 2023$2,643,534$2,785,726$1,189,739XML
990August 2022$2,498,616$2,498,321$1,316,754IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0647356).

Questions about TRIANGLE VOLLEYBALL CLUB INC

What is the EIN of TRIANGLE VOLLEYBALL CLUB INC?
The employer identification number (EIN) of TRIANGLE VOLLEYBALL CLUB INC is 02-0647356.
Is TRIANGLE VOLLEYBALL CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to TRIANGLE VOLLEYBALL CLUB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRIANGLE VOLLEYBALL CLUB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TRIANGLE VOLLEYBALL CLUB INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRIANGLE VOLLEYBALL CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of TRIANGLE VOLLEYBALL CLUB INC?
The 990 for the year ended August 31, 2025 names SHERRY FADOOL.
Who are the officers and directors of TRIANGLE VOLLEYBALL CLUB INC?
The 990 for the year ended August 31, 2025 lists 10 people; 2 received compensation from the organization, the highest $113,750 (SHERRY FADOOL, EXECUTIVE DIRECTOR / PRESI).
How much revenue does TRIANGLE VOLLEYBALL CLUB INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $3,129,331, expenses of $3,166,265 and total assets of $1,382,768 at year end.

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