Two Inc
- Assets
- $103.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gray, TN
- Founding
- 09/1989
- Data as of
- 06/2023
- EIN
- 54-1514750
Organization Overview
Two Inc is located in Gray, TN. The organization was established in 1989. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Two Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Two Inc generated $37.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $50.8k during the year ending 06/2023. While expenses have increased by 5.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
RESIDENTIAL SHELTERED GROUP HOME SERVICE FOR 10 DEVELOPMENTALLY DISABLED ADULTS SUBSIDIZED BY THE U S DEPARTMENT OF URBAN DEVELOPMENT HUD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Gibson Treasurer | 0 | $0 | |
Judy Roberts Board Member | 0 | $0 | |
Joanna Edds Board Member | 0 | $0 | |
Robert Ledford Secretary | 0 | $0 | |
Bobby Cassell Chair | 0 | $0 | |
Delores Belcher Vice-Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,429 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,785 |
| Total expenses | $50,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,283 |
| Other assets | $0 |
| Total assets | $103,228 |
| Total liabilities | $442,606 |
| Net assets or fund balances | -$339,378 |