Triangle Research Libraries Network INC FY2020 filing

Tax-deductible

Durham, NC501(c)(3)Since 2020Education EIN 85-1016955Revenue $120K in FY2020Latest return filed May 13, 2026

On file with the IRStrln.orgBox 90194 411 Chapel Drive, 27708-9984 · Durham, NCTax-exempt since Sep 2020Publicly supported — 509(a)(2)

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Triangle Research Libraries Network (trln) is a collaborative organization of duke university, north carolina central university, north carolina state university, and the university of north carolina at chapel hill, the purpose of which is to marshal the financial, human, and information resources of their Research Libraries through cooperative efforts in order to create a rich and unparalleled knowledge environment that furthers the universities' teaching, Research, learning, and service missions.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
1 of 6
filings with a surplus
Average surplus $8K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$120K
Spent
$459K
To programs
90%
Net assets
$150K
By yearFY2020–FY2025
Revenue
$120K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$120K
FY2021$2.3M
FY2022$1.7M
FY2023$2.1M
FY2024$2.1M
FY2025$2.1M
Expenses
$459K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$459K
FY2021$1.4M
FY2022$2.1M
FY2023$2.2M
FY2024$2.1M
FY2025$2.1M
Net assets
$150K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$150K
FY2021$1.0M
FY2022$604K
FY2023$580K
FY2024$544K
FY2025$538K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2020.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $412K Management & general 10% · $47K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
Board Member
$0Pt 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

Lisa Croucher’s $131K as Executive Director Thru 04/25 is at the 54th percentile of top reported officer pay among 3395 $1–10M education 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Lisa Croucher$130,916$126,504$115,479$105,117$103,729
McKenna Lakin$46,905$39,241$41,157$45,674$45,745

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 Research Libraries Network INC executive salaries →

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Unites university libraries to share resources and create a rich knowledge environment.

Questions for Triangle Research Libraries Network INC

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3 programs · $412K · in their own filed words · FY2019
01

Implementation and management of a shared library catalog and of resource-sharing software systems and activities.

$411Kprogram expense
02

On january 30,2020, at carolina theatre, in durham, NC, 140 triangle research library network colleagues gathered for a documentary film and panel discussion. "change the subject" shares the story of a group of student activists at dartmouth college who produced a film to capture their effort at confronting an instance of…

$986program expense
03

In march 2020, triangle research libraries network hosted the project reshare planning summit at duke university libraries. Project reshare is a new community developing an open approach to library resource sharing. The community is a group of libraries, consortia, and information organizations and developers.

$262program 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 1 funder$10K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$120K
Ln 12
Gifts and grantsLn 1h$120K
Money outPt IX
$459K
Ln 25
Programscol B$412K
Managementcol C$47K
Owns and owesPt X
$150K
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$150K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$120K
Total revenueLn 12$120K
Assets in detailPt X, end of year
CashLn 1$150K
Cash and savings togetherLn 1–2$150K
Total assetsLn 16$150K
LiabilitiesLn 26$0
Net assetsLn 32$150K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$150K
Total assetsLn 16$0$150K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$150K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$47K$25K
Legal feesLn 11b$2K$2K
Office expensesLn 13$4K$4K
TravelLn 17$713$713
Conferences, conventions and meetingsLn 19−$2K−$2K
Other expenses (24a–d)Ln 24$382K$364K$18K
Total functional expensesLn 25$459K$412K$47K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 13, 2026 $2.1M$2.1M−$6K$538K 990 PDF
FY2024Filed with the IRS May 15, 2025 $2.1M$2.1M−$35K$544K 990 PDF
FY2023Filed with the IRS May 13, 2024 $2.1M$2.2M−$24K$580K 990 PDF
FY2022Filed with the IRS May 5, 2023 $1.7M$2.1M−$399K$604K 990 PDF
FY2021Filed with the IRS May 11, 2022 $2.3M$1.4M$853K$1.0M 990 PDF
FY2020 ViewingFiled with the IRS Sep 15, 2021 $120K$459K−$339K$150K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $120,088 revenue, 12 lines filed
I-8 Contributions and grants$120,088
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$120,088
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$72,446
I-16a Professional fundraising fees$0
I-17 Other expenses$386,749
I-18 Total expenses$459,195
I-19 Revenue less expenses−$339,107
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $120,088 across 3 lines filed
VIII-1b Membership dues$120,088
VIII-1h Total contributions, gifts and grants$120,088
VIII-12 Total revenue$120,088
Part IX · Statement of functional expenses $459,195 across 6 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $47,304 · Management $25,142$72,446
IX-11b Legal feesManagement $2,416$2,416
IX-13 Office expensesManagement $3,692$3,692
IX-17 TravelPrograms $713$713
IX-19 Conferences, conventions and meetingsManagement −$1,873−$1,873
IX-24 Other expenses (24a–d)Programs $364,287 · Management $17,514$381,801
IX-25 Total functional expensesPrograms $412,304 · Management $46,891 · Fundraising $0$459,195
Part X · Balance sheet $150,242 assets, 5 lines filed
X-1 Cash, non-interest-bearing$150,242
X-16 Total assetsStart of year $0$150,242
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$150,242
X-33 Total liabilities and net assetsStart of year $0$150,242
Part XI · Reconciliation of net assets $150,242 net assets at year end
XI-1 Total revenue$120,088
XI-2 Total expenses$459,195
XI-3 Revenue less expenses−$339,107
XI-8 Prior period adjustments$489,349
XI-10 Net assets at end of year$150,242

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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