Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
Liabilities / Revenue
46th percentile
Higher debt load relative to revenue than 46% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$257,536
No earlier filing loaded for comparison.
Net Assets
$229,620
No earlier filing loaded for comparison.
Liabilities
$27,916
No earlier filing loaded for comparison.
Revenue
$1,620,730
No earlier filing loaded for comparison.
Expenses
$1,402,135
No earlier filing loaded for comparison.
Net Income
$218,595
No earlier filing loaded for comparison.
The organization will educate the public about different cultures by presenting documentaries, doing social work, and making little known works of art available, while also helping artists fund their work as a tool to help fulfill the goal of educating the general public
To support the work of artists and other media makers during production and through distribution of their projects.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | - | $210,085 | - |
| Land, Buildings, and Equipment, Net | $36,878 | $41,816 | ▲ $4,938 |
| Total Assets | $39,703 | $257,536 | ▲ $217,833 |
| Other Assets Total | $2,825 | $5,635 | ▲ $2,810 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $13,678 | $27,916 | ▲ $14,238 |
| Other Liabilities | $15,000 | $0 | ▼ $15,000 |
| Total Liabilities | $28,678 | $27,916 | ▼ $762 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $11,025 | $201,363 | ▲ $190,338 |
| Temporarily Rstr Net Assets | - | $28,257 | - |
| Total Net Assets Fund Balance | $11,025 | $229,620 | ▲ $218,595 |
| Total Liabilities and Net Assets / Fund Balance | $39,703 | $257,536 | ▲ $217,833 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $41,816 | $23,916 | $65,732 |
| Name | Title |
|---|---|
| Melissa Rahmanian | President |
| Ram Devineni | Member |
| Zbigniew Bzymek | Member |
| Hamid Rahmanian | Secretary |
| Saurena Parham | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Fictionville Studios | Production And General Support | 39 REMSEN STREET2A, Brooklyn, NY 11201 | $320,136 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,402,135 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $1,053,511 | - | - | $1,053,511 |
| Occupancy | $77,141 | - | - | $77,141 |
| Information Technology | $59,671 | - | - | $59,671 |
| Office Expenses | $53,833 | - | - | $53,833 |
| Fees for Services Legal | - | $28,172 | - | $28,172 |
| Depreciation Depletion | $16,949 | $892 | - | $17,841 |
| Travel | $15,952 | - | - | $15,952 |
| Fees for Services Accounting | - | $9,199 | - | $9,199 |
| Other Expenses | $4,250 | $559 | - | $559 |
| Insurance | - | $506 | - | $506 |
| Total Functional Expenses | $1,362,807 | $39,328 | $0 | $1,402,135 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,402,135 |
| Total Expenses per Audited Statements | $1,402,135 |
| Total Expenses per Form 990 | $1,402,135 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Melissa and Hamid Rahmanian | Board Members | TWO BOARD MEMBERS OF TWO CHAIRS, INC. ARE OWNERS OF FICTIONVILLE STUDIOS, LLC, WHICH WAS PAID A TOTAL OF $317,636 FOR THE YEAR ENDING DECEMBER 31, 2014. FICTIONVILLE STUDIOS, LLC, WAS RESPONSIBLE FOR THE PRODUCTION OF THE PROGRAM "POLETIK" THAT WAS FUNDED BY THE FEDERAL GRANT. FICTIONVILLE STUDIOS IS ALSO INVOLVED IN THE DEVELOPMENT OF THE POP-UP BOOK ZAHHAK: THE LEGEND OF THE SERPENT KING.DURING THE YEAR, FICTIONVILLE STUDIO, LLC ALSO LENT TWO CHAIRS, INC. $5,800 TO COVER OPERATING EXPENSES. THE LOAN WAS PAID IN FULL AS OF DECEMBER 31, 2014. | No | $317,636 |
“The president, melissa rahmanian and the secretary, hamid rahmanian are husband and wife.”
“Due to the small size of the board there are no committees and therefore no seperate committee minutes.”
“The president is responsible for reviewing the 990 and then sending it to the board for their review. Once reviewed the 990 is signed by the president before being filed with the irs.”
“Two chairs, inc. Makes its form 1023 and form 990 available for public inspection upon request.”
“Pop-up book - in 2014, two chair started their fiscal sponsorship program with support of the book, zahhak: the legend of the serpent king. Fictionvile studio artist hamid rahmanain and paper engineer simon arizpe are creating a magical and dynamic new pop-up book, based on the art and stories of the best-selling book, shahnameh: the epic of the persian kings. This book will be the very first pop-up book based on a traditional iranian story. For the iranian community, creating original content that is based on its rich cultural heritage is a vital way to contribute to society and promote a better understanding of where we all come from. This book is an exciting way to introduce children to the ancient stories of persia. The book will be released in november 2015.”
“Freelance contractors: program service expenses 1,053,511. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,053,511.”
“Two chairs, inc. Believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements or that would have an effect on its tax-exempt status. There were no unrecognized tax benefits or liabilities that need to be recorded.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 13678 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 27916 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO SUPPORT THE WORK OF ARTISTS AND OTHER MEDIA MAKERS DURING PRODUCTION AND THROUGH DISTRIBUTION OF THEIR PROJECTS. |
| IRS990/AllOtherContributionsAmt | 0 | 46033 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7187551280 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 39 REMSEN STREET NO 2A |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BROOKLYN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11201 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 210085 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 320136 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 39 REMSEN STREET2A |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | BROOKLYN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 11201 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | FICTIONVILLE STUDIOS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | PRODUCTION AND GENERAL SUPPORT |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1620725 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5 |
| IRS990/CYOtherExpensesAmt | 0 | 1402135 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 218595 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1402135 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1620730 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 892 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 16949 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 17841 |
| IRS990/Desc | 0 | POLETIK VIDEO PROGRAM - IN 2014, TWO CHAIRS CONTINUED TO PRODUCE THE SHOW POLETIK, SPONSORED BY THE U.S. DEPARTMENT OF STATE. POLETIK, A FARSI LANGUAGE POLITICAL SATIRE TELEVISION SHOW, ADDRESSED CURRENT NEWS HEADLINES, POLITICS AND EVERY DAY ISSUES THAT IMPACT IRANIANS LIVING INSIDE IRAN. IN 2014, TWO CHAIRS PRODUCED 49 EPISODES THAT HOSTED A WEEKLY INTERVIEW WITH PROMINENT IRANIAN THINKERS, ARTISTS AND JOURNALISTS. THE SHOW WAS DISTRIBUTED VIA YOUTUBE AND OTHER SOCIAL MEDIA PLATFORMS ON THE WEB, AND ON RADIO FREE EUROPE'S SATELLITE TELEVISION AND RADIO STATIONS TO A WEEKLY AUDIENCE OF APPROXIMATELY 1.5 MILLION VIEWERS THAT INCLUDED PEOPLE INSIDE IRAN AND THE WORLDWIDE IRANIAN DIASPORA. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 1345031 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 9199 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 9199 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 28172 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 28172 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1053511 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1053511 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MELISSA RAHMANIAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | HAMID RAHMANIAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SAURENA PARHAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RAM DEVINENI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ZBIGNIEW BZYMEK |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 1574692 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1620730 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 59671 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 59671 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 506 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 506 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 5 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 5 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 23916 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 36878 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 41816 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 65732 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO SUPPORT THE WORK OF ARTISTS AND OTHER MEDIA MAKERS DURING PRODUCTION AND THROUGH DISTRIBUTION OF THEIR PROJECTS. THIS IS ACHIEVED BY WORKING IN COLLABORATION WITH OTHER ARTISTS, POOLING RESOURCES, SHARING INFORMATION AND CROSS PROMOTING THEIR WORK. THE OBJECTIVE IS TO DISSEMINATE WORK TO A BROAD AUDIENCE AND FOSTER A COMPLEX UNDERSTANDING AND APPRECIATION OF THE INTELLECTUAL IDEAS ADDRESSED BY THE WORKS AND TO THEREBY ENCOURAGE A PARTNERSHIP BETWEEN ARTISTIC AND INTELLECTUAL EXCELLENCE IN THE FIELDS OF ART AND THE HUMANITIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 11025 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 229620 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 77141 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 77141 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 53833 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 53833 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2825 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 5635 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | GUEST EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | POP-UP BOOK PROJECT ENG |
| IRS990/OtherExpensesGrp/Desc | 2 | MEALS AND LODGING |
| IRS990/OtherExpensesGrp/Desc | 3 | BANK FEE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 559 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 63724 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 17776 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 4250 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 63724 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17776 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4250 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 559 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 15000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | MELISSA RAHMANIAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | POP-UP BOOK - IN 2014, TWO CHAIR STARTED THEIR FISCAL SPONSORSHIP PROGRAM WITH SUPPORT OF THE BOOK, ZAHHAK: THE LEGEND OF THE SERPENT KING. FICTIONVILE STUDIO ARTIST HAMID RAHMANAIN AND PAPER ENGINEER SIMON ARIZPE ARE CREATING A MAGICAL AND DYNAMIC NEW POP-UP BOOK, BASED ON THE ART AND STORIES OF THE BEST-SELLING BOOK, SHAHNAMEH: THE EPIC OF THE PERSIAN KINGS. THIS BOOK WILL BE THE VERY FIRST POP-UP BOOK BASED ON A TRADITIONAL IRANIAN STORY. FOR THE IRANIAN COMMUNITY, CREATING ORIGINAL CONTENT THAT IS BASED ON ITS RICH CULTURAL HERITAGE IS A VITAL WAY TO CONTRIBUTE TO SOCIETY AND PROMOTE A BETTER UNDERSTANDING OF WHERE WE ALL COME FROM. THIS BOOK IS AN EXCITING WAY TO INTRODUCE CHILDREN TO THE ANCIENT STORIES OF PERSIA. THE BOOK WILL BE RELEASED IN NOVEMBER 2015. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 17776 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 500000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 488975 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 11025 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 488975 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 500000 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 218595 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1620725 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 500000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2120725 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 5 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2120725 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1620725 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 500000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2120725 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2120730 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 41816 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 23916 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 65732 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1402135 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1620730 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | TWO CHAIRS, INC. BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. THERE WERE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 41816 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1402135 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1620730 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1620730 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1402135 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | MELISSA AND HAMID RAHMANIAN |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | BOARD MEMBERS |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | 0 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 317636 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | TWO BOARD MEMBERS OF TWO CHAIRS, INC. ARE OWNERS OF FICTIONVILLE STUDIOS, LLC, WHICH WAS PAID A TOTAL OF $317,636 FOR THE YEAR ENDING DECEMBER 31, 2014. FICTIONVILLE STUDIOS, LLC, WAS RESPONSIBLE FOR THE PRODUCTION OF THE PROGRAM "POLETIK" THAT WAS FUNDED BY THE FEDERAL GRANT. FICTIONVILLE STUDIOS IS ALSO INVOLVED IN THE DEVELOPMENT OF THE POP-UP BOOK ZAHHAK: THE LEGEND OF THE SERPENT KING.DURING THE YEAR, FICTIONVILLE STUDIO, LLC ALSO LENT TWO CHAIRS, INC. $5,800 TO COVER OPERATING EXPENSES. THE LOAN WAS PAID IN FULL AS OF DECEMBER 31, 2014. |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | POP-UP BOOK - IN 2014, TWO CHAIR STARTED THEIR FISCAL SPONSORSHIP PROGRAM WITH SUPPORT OF THE BOOK, ZAHHAK: THE LEGEND OF THE SERPENT KING. FICTIONVILE STUDIO ARTIST HAMID RAHMANAIN AND PAPER ENGINEER SIMON ARIZPE ARE CREATING A MAGICAL AND DYNAMIC NEW POP-UP BOOK, BASED ON THE ART AND STORIES OF THE BEST-SELLING BOOK, SHAHNAMEH: THE EPIC OF THE PERSIAN KINGS. THIS BOOK WILL BE THE VERY FIRST POP-UP BOOK BASED ON A TRADITIONAL IRANIAN STORY. FOR THE IRANIAN COMMUNITY, CREATING ORIGINAL CONTENT THAT IS BASED ON ITS RICH CULTURAL HERITAGE IS A VITAL WAY TO CONTRIBUTE TO SOCIETY AND PROMOTE A BETTER UNDERSTANDING OF WHERE WE ALL COME FROM. THIS BOOK IS AN EXCITING WAY TO INTRODUCE CHILDREN TO THE ANCIENT STORIES OF PERSIA. THE BOOK WILL BE RELEASED IN NOVEMBER 2015. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRESIDENT, MELISSA RAHMANIAN AND THE SECRETARY, HAMID RAHMANIAN ARE HUSBAND AND WIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DUE TO THE SMALL SIZE OF THE BOARD THERE ARE NO COMMITTEES AND THEREFORE NO SEPERATE COMMITTEE MINUTES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PRESIDENT IS RESPONSIBLE FOR REVIEWING THE 990 AND THEN SENDING IT TO THE BOARD FOR THEIR REVIEW. ONCE REVIEWED THE 990 IS SIGNED BY THE PRESIDENT BEFORE BEING FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TWO CHAIRS, INC. MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | FREELANCE CONTRACTORS: PROGRAM SERVICE EXPENSES 1,053,511. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,053,511. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART IX, LINE 11G |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 1 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 28257 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 39703 |
| IRS990/TotalAssetsEOYAmt | 0 | 257536 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 39703 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 257536 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 1620725 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 39328 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 1362807 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 1402135 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 28678 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 27916 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 28678 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 27916 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 11025 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 229620 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 1362807 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 5 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 1620730 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 39703 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 257536 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 15952 |
| IRS990/TravelGrp/TotalAmt | 0 | 15952 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 11025 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 201363 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 39 REMSEN STREET NO 2A |
| IRS990/USAddress/CityNm | 0 | BROOKLYN |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 11201 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TWOCHAIRS.CO |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MELISSA RAHMANIAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7187551280 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-07-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TWO CHAIRS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TWOC |
| ReturnHeader/Filer/EIN | 0 | 274115161 |
| ReturnHeader/Filer/PhoneNum | 0 | 7187551280 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 39 REMSEN STREET NO 2A |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BROOKLYN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11201 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521853933 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JONES MARESCA & MCQUADE PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 10500 LITTLE PATUXENT PARKWAY SUITE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt | 0 | 770 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | COLUMBIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 21044 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4108840220 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID JONES |
| ReturnHeader/ReturnTs | 0 | 2015-07-31T10:41:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.