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Nc Triad Fusion Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830687947 ✦ Bermuda run, NC ✦ Designated as a 501(c)(3)

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Overview

What is Nc Triad Fusion Inc?

Nc Triad Fusion Inc is a nonprofit organization located in Bermuda Run, North Carolina, with an address at 428 Twin Way, and employs 180 individuals. Their primary mission is to offer organized sports programs for both youth and adults. They achieve this by providing players with skilled coaching, targeted skill development, and opportunities for personal and leadership growth. The organization's goal is to make a lasting impact on individuals' lives by creating purposeful experiences through sports. They aim to foster a positive environment that encourages personal growth and development.


Official website here: www.ncfusion.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: Needs Improvement (Two Stars)**

Nc Triad Fusion Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas needing improvement. The score of 69% is solely derived from its Accountability & Finance metrics. While the organization demonstrates strong governance practices, such as having an independent board, it lacks crucial policies like conflict of interest and whistleblower protections.

The nonprofit's financial management appears sound, with a high program expense ratio of 82.90%, indicating that the majority of its expenditures support its programs. However, deficiencies in policy documentation and the absence of a solid framework for measurable impact and organizational culture raise concerns regarding overall operations and transparency.

Unfortunately, user reviews from GreatNonprofits could not be accessed. Therefore, public sentiment about the organization remains unknown, which limits a comprehensive understanding of its effectiveness from a community engagement perspective.


This AI summary has been generated from information found on Charity Navigator.

Is Nc Triad Fusion Inc legitimate?

Nc Triad Fusion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nc Triad Fusion Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $432,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,076,870

For more financial information, click here


Official website here: www.ncfusion.org

What is the mission statement of Nc Triad Fusion Inc?

Nc Triad Fusion Inc's mission is centered around positively impacting people's lives through organized sports. They achieve this by creating intentional experiences for both youth and adults. The company provides appropriate level coaching, focusing on concentrated skill development, and offers opportunities for personal and leadership growth. Their goal is to offer a platform where individuals can participate in sports programs, thereby enhancing their overall experience.


Official website here: www.ncfusion.org

Who is the CEO of Nc Triad Fusion Inc?

Scott Wollaston is the Chief Executive Officer of Nc Triad Fusion Inc. The CEO's salary of Nc Triad Fusion Inc is $221,853 and their total compensation is $236,036.


Official website here: www.ncfusion.org

What is the revenue of Nc Triad Fusion Inc?

Nc Triad Fusion Inc's revenue in 2023 was $8,733,068.


Official website here: www.ncfusion.org

Who are the executives of Nc Triad Fusion Inc and what are their salaries?

The average compensation at Nc Triad Fusion Inc during 2023 was $19,494. There are 180 employees and 900 volunteers at Nc Triad Fusion Inc.


Here are 11 key members and their salaries (Nc Triad Fusion Inc's CEO's salary is $221,853 and their total compensation is $236,036):


Scott Wollaston (Chief Executive Officer)
  • Compensation: $221,853
  • Related: $0
  • Other: $14,183
Terry Hales (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Preston Yarborough (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Martineau (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Brower (Vice Chair/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Hansen (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Athan Lindsay (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phelps Sprinkle (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Peatross (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Wright (Head Of Business Operations - Controller)
  • Compensation: $104,362
  • Related: $0
  • Other: $2,580
Sarah Bridges (Chief Experience Officer)
  • Compensation: $102,074
  • Related: $0
  • Other: $2,655


Official website here: www.ncfusion.org

Where can I find the form 990 for Nc Triad Fusion Inc?

Nc Triad Fusion Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ncfusion.org

Learn more at the official website: www.ncfusion.org

Mission Statement of Nc Triad Fusion Inc

NC Triad Fusion Inc, with a mission to positively impact people for life, accomplishes this by creating intentional experiences through sport. Their primary objective is to offer youth and adults the chance to engage in organized sports programs. By providing players with appropriate coaching, concentrated skill development, and opportunities for personal and leadership growth, NC Triad Fusion Inc strives to foster a positive impact on individuals' lives. Their activities are geared towards enhancing participants' skills and personal development, ultimately contributing to their overall well-being.

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Impact




July, 2024

Nc Triad Fusion Inc positively impacts people by creating intentional experiences through sports. They provide youth and adults with the opportunity to participate in organized sports programs, offering appropriate coaching, skill development, and personal and leadership development opportunities. Through their mission, they aim to positively impact individuals for life through sports experiences. Their work in Bermuda Run, NC, under the tag of "Recreation," emphasizes the importance of sports in fostering growth and positive outcomes in individuals' lives.




This information is meant to be a general summary of Nc Triad Fusion Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,733,068 (2023)
Expenses
$8,851,335 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $758
  • Program Service Revenue: $7,233,119
  • Gross Receipts: $8,777,133

Assets and Liabilities:

  • Total Assets: $15,347,899
  • Total Liabilities: $6,218,483
  • Net Assets: $9,129,416

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DIVISION FEES

Revenue

$5,140,130

TOURNAMENT SERIES ENTR

Revenue

$933,064

FIELD RENTAL

Revenue

$852,903

TRAINING INCOME

Revenue

$307,022

Organization Details

Founding Year

2018

Principal Officer

Scott Wollaston

Main Address

428 TWINS WAY, BERMUDA RUN, NC, 27006

NTEE Category

Code: N64 - Recreation

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