2022-08-01T16:19:37-05:00 2021-06-30 271181547 DUNCAN ASHE PA 7900 MCCLOUD RD SUITE 101 GREENSBORO NC 27409 990 2020-07-01 830687947 NC TRIAD FUSION INC NCTR 3369932137 428 TWINS WAY BERMUDA RUN NC 27006 SCOTT WOLLASTON EXECUTIVE DIRECTOR 3369932137 2022-06-16 1 SCOTT WOLLASTON 999009999 W BARTH ASHE P01361072 3362856510 2022-06-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X SCOTT WOLLASTON 428 TWINS WAY BERMUDA RUN NC 27006 7300576 0 X WWW.NCFUSION.ORG X 2018 NC POSITIVELY IMPACT PEOPLE FOR LIFE BY CREATING INTENTIONAL EXPERIENCES THROUGH SPORT. 9 9 159 0 0 0 148429 159174 3865817 5899464 0 0 474708 1197752 4488954 7256390 0 0 0 0 3050761 3136551 0 0 0 2610394 3376192 5661155 6512743 -1172201 743647 1241428 14538407 2522857 6223234 -1281429 8315173 POSITIVELY IMPACT PEOPLE FOR LIFE BY CREATING INTENTIONAL EXPERIENCES THROUGH SPORT. 0 0 5223179 7094706 PROVIDE YOUTH AND ADULTS AN OPPORTUNITY TO PARTICIPATE IN ORGANIZED SPORTS PROGRAMS BY PROVIDING PLAYERS WITH APPROPRIATE LEVEL COACHING, CONCENTRATED SKILL DEVELOPMENT, AND PERSONAL AND LEADERSHIP DEVEOPMENT OPPORTUNITIES. 5223179 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 45 0 1 159 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NC X LAURIE WADDELL 3368168252 428 TWINS WAY BERMUDA RUN NC 27006 JOE BROWER DIRECTOR 1.00 X 0 0 0 SCOTT WOLLASTON EXECUTIVE DIRECTOR 30.00 10.00 X 141281 0 0 JIM MARTINEAU DIRECTOR 1.00 X 0 0 0 TERRY HALES DIRECTOR 1.00 X X 0 0 0 CHAD HANSEN DIRECTOR 1.00 X 0 0 0 ATHAN LINDSEY DIRECTOR 1.00 X 0 0 0 PHELPS SPRINKLE DIRECTOR 1.00 X 0 0 0 LEAH HAZELWOOD DIRECTOR 1.00 X 0 0 0 PRESTON YARBOROUGH DIRECTOR 1.00 X 0 0 0 CRAIG PEATROSS DIRECTOR 1.00 X 0 0 0 141281 0 0 1 0 0 0 0 9325 149849 159174 DIVISION FEES 711210 4717585 4717585 TOURNAMENT SERIES ENTR 711210 745742 745742 FIELD RENTAL 711210 427873 427873 TRAINING INCOME 711210 8264 8264 5899464 10135 9325 7625 2510 2510 91355 36561 54794 54794 FORGIVENESS OF DEBT IN 711210 506582 506582 SPONSORSHIPS 711210 396127 396127 OTHER INCOME 711210 105515 105515 132224 132224 1140448 7256390 7094706 0 2510 141281 124327 16954 2570852 2066979 503873 235218 188174 47044 189200 152990 36210 332 332 30095 30095 295775 295775 39129 39129 16869 16869 50953 50953 844235 719109 125126 165276 157142 8134 7757 7757 15894 12715 3179 160238 143227 17011 ENTRY FEES 605088 605088 TOURNAMENT EXPENSES 573482 573482 REPAIRS AND MAINTENANCE 278440 222752 55688 EDUCATION 137542 137542 155087 102783 52304 6512743 5223179 1289564 0 879469 2076596 0 563070 295222 301651 0 643600 15645246 4693556 66737 10951690 0 1800 1241428 14538407 48934 289938 1003806 1065759 506582 4867537 963535 0 2522857 6223234 X -1281429 8315173 -1281429 8315173 1241428 14538407 X 743647 8852955 X 1 X 0 1 0 X 36941 143512 149849 330302 3058168 4301461 7056578 14416207 3095109 4444973 7206427 14746509 0 0 0 14746509 3095109 4444973 7206427 14746509 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2324509 2324509 2369887 854250 1515637 10198007 3195891 7002116 752843 643415 109428 10951690 X PART X, LINE 2: INCOME TAX STATUS - THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS REQUIRED TO FILE FORM 990 ANNUALLY TO RETAIN ITS TAX-EXEMPT STATUS. THE CORPORATION ACCOUNTS FOR INCOME IN ACCORDANCE WITH ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740-10 REQUIRES THE TCSA TO ASSESS POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN WHERE THERE IS UNCERTAINTY ABOUT WHETHER THE TAX POSITION WILL ULTIMATELY BE SUSTAINED UPON EXAMINATION. TAX PERIODS ENDING AFTER MAY 31, 2017 ARE SUBJECT TO EXAMINATION BY FEDERAL TAXING AUTHORITIES. THE ORGANIZATION HAS NOT UNDERGONE ANY EXAMINATIONS BY APPLICABLE TAXING AUTHORITIES. AMENDED RETURN THE FOLLOWING ITEMS ARE THE EFFECTS ON THE AMENDED RETURN RESULTING FROM ASSESSMENT OF DEFERRED REVENUES AND ACCRUED BONUSES. ORIGINAL FILING 1/27/22, AMENDED FILING 4/7/22. AS FILED AMENDED CHANGE PART I LINE 9 - PROGRAM SERVICE REVENUE 6,965,224 5,899,46 (1,065,760) PART I LINE 12 - TOTAL REVENUE 8,322,150 7,256,390 (1,065,760) PART I LINE 15 - SALARIES, OTHER COMPENSATION, EMPLOYEE BENEFITS 3,020,401 3,136,551 116,150 PART I LINE 18 - TOTAL EXPENSES 6,396,593 6,512,743 116,150 PART I LINE 21 - TOTAL LIABILITIES 5,041,324 6,223,234 1,181,910 PART I LINE 22 - NET ASSETS OR FUND BALANCES 9,497,083 8,315,173 (1,181,910) PART III LINE 4A - EXPENSES 5,107,029 5,223,179 116,150 PART III LINE 4A - REVENUES 8,160,466 7,094,706 (1,065,760) PART III LINE 4E - TOTAL PROGRAM SERVICE EXPENSES 5,107,029 5,223,179 116,150 PART VIII LINE 2A, COLUMN A - DIVISION FEES 5,766,661 4,717,585 (1,049,076) PART VIII LINE 2A, COLUMN B - DIVISION FEES 5,766,661 4,717,585 (1,049,076) PART VIII LINE 12, COLUMN A - TOTAL REVENUE 8,322,150 7,256,390 (1,065,760) PART VIII LINE 12, COLUMN B - TOTAL REVENUE 8,160,466 7,094,706 (1,065,760) PART IX LINE 7, COLUMN A - OTHER SALARIES AND WAGES 2,462,852 2,570,852 108,000 PART IX LINE 7, COLUMN B - OTHER SALARIES AND WAGES 1,958,979 2,066,979 108,000 PART IX LINE 25, COLUMN A - TOTAL FUNCTIONAL EXPENSES 6,396,593 6,512,743 116,150 PART IX LINE 25, COLUMN B - TOTAL FUNCTIONAL EXPENSES 5,107,029 5,223,179 116,150 PART X LINE 19, COLUMN B - DEFERRED REVENUE 0 1,065,759 1,065,759 PART X LINE 32, COLUMN B - TOTAL NET ASSETS OR FUND BALANCES 9,497,083 8,315,173 (1,181,910) PART XI LINE 1 - TOTAL REVENUE 8,322,150 7,256,390 (1,065,760) PART XI LINE 3 - REVENUE LESS EXPENSES 1,925,557 743,647 (1,181,910) PART XI LINE 10 - NET ASSETS OR FUND BALANCES AT END OF YEAR 9,497,083 8,315,173 (1,181,910) FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT AND EXECUTIVE DIRECTOR BEFORE SUBMISSION TO THE IRS. AN ELECTRONIC VERSION OF FORM 990 IS SENT TO ALL BOARD OF DIRECTOR MEMBERS AFTER FILING FORM 990. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: MERGER OF NC FUSION, TCYSA, GUSA ASSETS AND LIABILITIES 8,852,955. TWIN CITY SPORTS ASSOCIATION INC 118 S CHERRY STREET SUITE B KERNERSVILLE NC 27284 561310435 PROVIDE YOUTH AND ADULT SPORTS LEAGUES NC 501(C)(3) LINE 10 NC TRIAD FUSION INC 0 GREENSBORO UNITED SOCCER ASSOCIATION INC 118 S CHERRY STREET SUITE B KERNERSVILLE NC 27284 561231905 PROVIDE YOUTH AND ADULT SPORTS LEAGUES NC 501(C)(3) LINE 10 NC TRIAD FUSION INC 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 0 0 1 0 GREENSBORO UNITED SOCCER ASSOCIATION INC R 3938406 CARRYING AMOUNT GREENSBORO UNITED SOCCER ASSOCIATION INC E 788024 CARRYING AMOUNT GREENSBORO UNITED SOCCER ASSOCIATION INC J 100000 FAIR MARKET VALUE GREENSBORO UNITED SOCCER ASSOCIATION INC R 634775 FAIR MARKET VALUE TWIN CITY SPORTS ASSOCIATION INC R 6838524 CARRYING AMOUNT TWIN CITY SPORTS ASSOCIATION INC E 3639478 CARRYING AMOUNT TWIN CITY SPORTS ASSOCIATION INC J 150000 FAIR MARKET VALUE TWIN CITY SPORTS ASSOCIATION INC R 475091 FAIR MARKET VALUE