Two Inc
- Assets
- $88.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gray, TN
- Founding
- 09/1989
- Data as of
- 06/2022
- 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 06/2022, Two Inc generated $17.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $46.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
2022
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 |
|---|---|---|---|
Randy Gilmer Treasurer | 0 | $0 | |
Michael O'donnell Chair | 0 | $0 | |
Margaret Gibson Board Member | 0 | $0 | |
Virginia Meador Board Member | 0 | $0 | |
Judy Roberts Vice Chair | 0 | $0 | |
Delores Belcher Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,570 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,571 |
| 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 | $46,848 |
| Total expenses | $46,848 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,229 |
| Other assets | $0 |
| Total assets | $88,406 |
| Total liabilities | $414,429 |
| Net assets or fund balances | -$326,023 |
Peer Organizations
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|---|---|---|
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Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
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American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
24 1 Community Land Trust Pine Lawn, MO | $28,090,880 | $9,459,445 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |
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Habitat For Humanity Of Metro Louisville Inc Louisville, KY | $17,692,701 | $8,716,107 |