Phase Two Cebu is located in Cambridge, MN. The organization was established in 2019. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, 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. Phase Two Cebu 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 12/2021, Phase Two Cebu generated $157.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $87.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED BOOKS AND LIBRARY SUPPLIES LIBRARIES AND EDUCATIONAL INSTITUTIONS IN CEBU PHILIPPINES
PROVIDED FUNDING FOR THE ERECTION OF A RETAINING WALL RELATED TO PROJECT TALISAY IN CEBU PHILIPPINES
PROVIDED FUNDING FOR WELL REPAIR AND VEHICLE REPAIR RELATED TO PROJECT ARGAO IN CEBU PHILIPPINES
PROVIDED FUNDING FOR RELIEF AND SUPPLIES RELATED TO TYPHOON RAI IN CEBU PHILIPPINES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Reasoner President | 15 | $0 | |
Shari Reasoner Vice President | 15 | $0 | |
Michelle Turner Secretary | 5 | $0 | |
Ruth Linde Treasurer | 5 | $0 | |
Roger D Madison Chairman | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $156,642 |
Interest on Savings | $33 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,055 |
Total Revenue | $157,730 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $8,784 |
Total operating and administrative expenses | $9,709 |
Contributions, gifts, grants paid | $77,542 |
Total expenses and disbursements | $87,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $178,576 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $178,576 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Organization Name | Assets | Revenue |
---|---|---|
Little Falls Health Services Little Falls, MN | $19,442,722 | $8,301,335 |
The Uwm Real Estate Foundation Inc Milwaukee, WI | $83,241,635 | $5,703,376 |
Blugold Real Estate Foundation Inc Eau Claire, WI | $54,871,317 | $5,562,467 |
Model Cities Properties St Paul, MN | $9,312,230 | $753,626 |
Holie Vii Inc Mequon, WI | $2,106,301 | $274,557 |
Community Development Alternatives Inc Prairie Du Chien, WI | $1,232,003 | $240,505 |
Luther Manor Foundation Dubuque, IA | $2,285,501 | $240,502 |
Northport Movin Out Inc Madison, WI | $1,296,580 | $88,718 |
New Community Shelter Foundationinc Green Bay, WI | $1,954,752 | $145,316 |
Bethany Lutheran Foundation Inc Sioux Falls, SD | $695,403 | $151,410 |
Bethesda Foundation Of Willmar Willmar, MN | $1,408,684 | $291,946 |
Phase Two Cebu Cambridge, MN | $178,576 | $157,730 |