Creating opportunties for people to play enjoy and benefit from Ultimate in NC with emphasis on youth development and participation

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Run by 50 volunteers and 22 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $17K a year · 3% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $11K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
−$10K
-8% of total assets
Looks good: liabilities are -8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$677K
+8% vs prior year
Spent
$664K
To programs
93%
Net assets
$137K
By yearFY2020–FY2025
Revenue
$677K
FY2025▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$285K
FY2021$126K
FY2022$511K
FY2023$668K
FY2024$626K
FY2025$677K
Expenses
$664K
FY2025▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$335K
FY2021$157K
FY2022$460K
FY2023$672K
FY2024$705K
FY2025$664K
Net assets
$137K
FY2025▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$205K
FY2021$180K
FY2022$219K
FY2023$183K
FY2024$107K
FY2025$137K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $620K Management & general 7% · $44K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Exec Director
$60,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Lauren Fayn’s $60K as Exec Director is at the 69th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Lauren Fayn$60,000$60,000———
Tristan Green——$60,000$54,000$48,970
Kathleen Wilner————$262

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Triangle Flying Disc Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes Ultimate frisbee play and benefits for youth development and participation in North Carolina.

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Provided by the organization

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3 programs · $241K · in their own filed words · FY2024
01

Youth Summer Camps

Triangle Ultimate (TU) partnered with local professional ultimate teams, the Flyers and Radiance, to offer a one-week overnight camp branded as Carolina Ultimate Flight School. An elite coaching team served 64 Flight School Campers in the summer of 2025.

$112Kprogram expense
02

Juniors and Youth Club programs (non-school based) Our competitive Summer Youth Club Championship (YCC) season served 163 youth across six teams. All teams attended the Southeast Showdown Tournament to compete regionally. Four elite teams also travelled to compete in USAUs Youth Club Championships in Aurora, CO.

$86Kprogram expense
03

School-Based Programs

Triangle Ultimate continues to expand accessable playing opportunities through our school-based programs across the Triangle area. We operate the regions largest school ultimate leagues, serving 423 high school players across 29 teams in the fall, and 393 middle school players across 27 teams in the winter.

$42Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$11K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$677K
Ln 12
Fees for servicesLn 2g$590K
Gifts and grantsLn 1h$86K
Investment incomeLn 3$818
Money outPt IX
$664K
Ln 25
Programscol B$620K
Managementcol C$44K
Owns and owesPt X
$137K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$127K
LiabilitiesLn 26−$10K
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$86K
Noncash giftsLn 1g$14K
Fees for servicesLn 2g$590K
Investment incomeLn 3$818
Total revenueLn 12$677K
Assets in detailPt X, end of year
CashLn 1$66K
SavingsLn 2$54K
Cash and savings togetherLn 1–2$120K
Total assetsLn 16$127K
LiabilitiesLn 26−$10K
Net assetsLn 32$137K
OperationsPt I, VI
EmployeesI 522
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$120K$120K
Total assetsLn 16$136K$127K
LiabilitiesLn 26$29K−$10K
Net assetsLn 32$107K$137K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$60K$48K$12K
Other salaries and wagesLn 7$218K$196K$22K
Pension plan contributionsLn 8$6K$5K$1K
Other employee benefitsLn 9$8K$6K$2K
Payroll taxesLn 10$21K$19K$2K
Advertising and promotionLn 12$16K$16K
Office expensesLn 13$2K$2K$469
Information technologyLn 14$7K$5K$1K
OccupancyLn 16$6K$3K$3K
TravelLn 17$879$791$88
Conferences, conventions and meetingsLn 19$986$986
InsuranceLn 23$4K$4K$405
Other expenses (24a–d)Ln 24$304K$304K
All other expensesLn 24e$10K$10K
Total functional expensesLn 25$664K$620K$44K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $677K$664K$13K$137K 990 PDF
FY2024 $626K$705K−$79K$107K 990 PDF
FY2023 $668K$672K−$4K$183K 990 PDF
FY2022 $511K$460K$51K$219K 990 PDF
FY2021 $126K$157K−$31K$180K 990 PDF
FY2020 $285K$335K−$50K$205K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $677,156 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $119,820$85,906
I-9 Program service revenuePrior year $503,953$590,432
I-10 Investment incomePrior year −$743$818
I-11 Other revenuePrior year $3,107$0
I-12 Total revenuePrior year $626,137$677,156
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $337,004$313,700
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $367,712$349,975
I-18 Total expensesPrior year $704,716$663,675
I-19 Revenue less expensesPrior year −$78,579$13,481
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $677,156 across 7 lines filed
Lines not itemized here account for $41,583 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$74,280
VIII-1g Noncash contributions (included above)$13,928
VIII-1h Total contributions, gifts and grants$85,906
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $548,849$548,849
VIII-3 Investment incomeRelated to mission $818$818
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $591,250 · Unrelated business $0 · Excluded from tax $0$677,156
Part IX · Statement of functional expenses $663,675 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $48,000 · Management $12,000$60,000
IX-7 Other salaries and wagesPrograms $196,408 · Management $21,823$218,231
IX-8 Pension plan contributionsPrograms $4,879 · Management $1,219$6,098
IX-9 Other employee benefitsPrograms $6,471 · Management $1,617$8,088
IX-10 Payroll taxesPrograms $19,155 · Management $2,128$21,283
IX-12 Advertising and promotionPrograms $15,544$15,544
IX-13 Office expensesPrograms $1,864 · Management $469$2,333
IX-14 Information technologyPrograms $5,360 · Management $1,340$6,700
IX-16 OccupancyPrograms $2,870 · Management $2,870$5,740
IX-17 TravelPrograms $791 · Management $88$879
IX-19 Conferences, conventions and meetingsPrograms $986$986
IX-23 InsurancePrograms $3,644 · Management $405$4,049
IX-24 Other expenses (24a–d)Programs $303,601$303,601
IX-24e All other expensesPrograms $10,143$10,143
IX-25 Total functional expensesPrograms $619,716 · Management $43,959 · Fundraising $0$663,675
Part X · Balance sheet $126,933 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $120,271$66,106
X-2 Savings and temporary cash investments$54,052
X-4 Accounts receivableStart of year $1,712$6,475
X-14 Intangible assets$300
X-16 Total assetsStart of year $135,521$126,933
X-17 Accounts payable and accrued expensesStart of year $28,898−$9,656
X-26 Total liabilitiesStart of year $28,898−$9,656
X-27 Net assets without donor restrictionsStart of year $106,623$136,589
X-32 Total net assets or fund balancesStart of year $106,623$136,589
X-33 Total liabilities and net assetsStart of year $135,521$126,933
Part XI · Reconciliation of net assets $136,589 net assets at year end
XI-1 Total revenue$677,156
XI-2 Total expenses$663,675
XI-3 Revenue less expenses$13,481
XI-4 Net assets at start of year$106,623
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$136,589

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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