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Nonprofit · EIN 27-0909315

TRIAD LOCAL FIRST

Tax-exempt · GREENSBORO, NC 27406

Financials

$46K$45K2024
Revenue Expenses · by fiscal year end
Financials of TRIAD LOCAL FIRST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$45,670$45,094$576$22,073–$22,073
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,887
Program service revenue
$29,420
Investment income
$1
Net income from fundraising events
$362

Expenses

Grants and similar amounts paid
$2,479
Compensation of officers, directors and key employees
$21,420
Salaries, compensation and benefits (total)
$24,332
Professional fees and payments to contractors
$6,101
Occupancy
$3,480
Other expenses
$8,702
Program services (functional)
$36,556

Balance sheet and other

Total assets, start of year
$21,497
Total assets, end of year
$22,073
Total liabilities, end of year
–
Net assets, end of year
$22,073
Cash, savings and investments
$22,073
Gross receipts
$77,099

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PENNY SCHNECKEXECUTIVE DI10$21,420
KERMIT COBLEPRESIDENT0$0
WAYNE ABRAHAMSECRETARY0$0
SUMMER WALLTREASURER0$0

Address and contacts

Address (IRS master file)
1451 S ELM-EUGENE STREET SUITE 310, GREENSBORO, NC 27406-2200
Mailing address (990-N for 2023)
1451 South Elm-Eugene Street, Greensboro NC 27406
Principal officer (990-N for 2023)
Penny Schneck, 1451 South Elm-Eugene Street, Greensboro NC 27406
Signed the 990-EZ
PENNY SCHNECK, EXECUTIVE DIRECTOR
Phone
(336) 365-5282
Return prepared by
SHAHBAZ CAROTHERS & COMPANY PA

Mission

TRIAD LOCAL FIRST'S MISSION IS TO PROMOTE AND STRENGTHEN THE ECONOMIC GROWTH AND SUSTAINABILITY OF LOCAL, INDEPENDENTLY-OWNED BUSINESSES.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • SUPPORT OF LOCALLY OWNED AND INDEPENDENT BUSINESSES THROUGH EDUCATION AND ADVOCACY.
    Expenses $36,556 · grants $2,479

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
27-0909315
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$22,073
Income (IRS master file)
$77,099

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$45,670$45,094$22,073XML
990-N for 2023
Officer: Penny Schneck
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Theresa Furman
December 31, 2021≤ $50,000 receipts––e-Postcard
990-EZDecember 2019–––IRS
990-N for 2011
Officer: Maribeth Hudgens
December 31, 2011≤ $50,000 receipts––e-Postcard

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 27-0909315).

Questions about TRIAD LOCAL FIRST

What is the EIN of TRIAD LOCAL FIRST?
The employer identification number (EIN) of TRIAD LOCAL FIRST is 27-0909315.
Is TRIAD LOCAL FIRST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to TRIAD LOCAL FIRST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRIAD LOCAL FIRST 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 TRIAD LOCAL FIRST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRIAD LOCAL FIRST last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of TRIAD LOCAL FIRST?
The 990-N for 2023 names Penny Schneck.
Who are the officers and directors of TRIAD LOCAL FIRST?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $21,420 (PENNY SCHNECK, EXECUTIVE DI).
How much revenue does TRIAD LOCAL FIRST have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $45,670, expenses of $45,094 and total assets of $22,073 at year end.

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