Civic Intelligence

IT Takes Two Inc.

990EZ • Fiscal year 2020 • EIN 45-4734503

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 22, 2021

PO Box 787Gambrills, MD 21054

(443) 302-9799

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

88th percentile

48%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$8,190

No earlier filing loaded for comparison.

Net Assets

$8,190

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$10,984

No earlier filing loaded for comparison.

Expenses

$5,716

No earlier filing loaded for comparison.

Net Income

$5,268

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10K$5.0K$0Assets 2020: $8,190Liabilities 2020: $0Net Assets 2020: $8,1902020Assets 2022: $6,928Liabilities 2022: $0Net Assets 2022: $6,9282022Assets 2023: $6,874Liabilities 2023: $0Net Assets 2023: $6,8742023Assets 2024: $9,358Liabilities 2024: $0Net Assets 2024: $9,3582024

Highlighted filing

2020

Assets$8,190
Liabilities$0
Net Assets$8,190

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40K$30K$20K$10K$0-$10KRevenue 2020: $10,984Expenses 2020: $5,716Net Income 2020: $5,2682020Revenue 2022: $19,416Expenses 2022: $12,488Net Income 2022: $6,9282022Revenue 2023: $11,239Expenses 2023: $11,293Net Income 2023: -$542023Revenue 2024: $34,844Expenses 2024: $32,360Net Income 2024: $2,4842024

Highlighted filing

2020

Revenue$10,984
Expenses$5,716
Net Income$5,268
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 22, 2021
Return Version
2020v4.0
Gross Receipts
$10,984
Mission and Program Overview

Mission

IT TAKES TWO, INC is a 501(c)(3) nonprofit organization dedicated to enriching the lives of young people and increasing the opportunities of youth in Anne Arundel County, Prince George's County, and the greater Washington, D.C. Metropolitan area. Our mission is to enhance the educational experiences for young people from single parent households by awarding scholarships to address a variety of basic as well as expansive educational needs. It is our goal to promote the significance of education, build self- awareness, and encourage our youth; ultimately creating tomorrow leaders today.

Program Services

DescriptionGrantsExpenses
Tools for Success Scholarship is awarded to students in grades four through college (age 26) living in single parent homes in select Maryland counties . To date, we have awarded 25 scholarships totaling $8300 and we are in our 9th scholarship season.$2,850$1,549
P4GYP is a nine (9) month (March-November) co-ed life skills program focused on IT TAKES TWO, INC's six pillars: anti-bullying, financial literacy, college and career readiness, youth entrepreneurship, leadership, and community service. It is mainly geared toward 5th - 12th grade students. During 2020 it reached 100 students.$635$160
Supply drive 365 is an initiative where we provide school supplies to low end families in the same service are as our scholarship program with school supplies for the entire school year. Since its inception in the 2014-2015 school year, we have provided supplies to over 200 students.$70$498
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jaemellah KempCEO & PresidentPT$0--
Dawn Addison-HawkinsScholarship Outreach Director-$0--
Matthew SpeckEmail Marketing Manager-$0--
Ryan HawkinsGraphic DesignerPT$0--
Tyler RichardsDirector Of ProgramsPT$0--
Aja WatkinsBoard Vice Chair-$0--
Dawn TaylorBoard Treasurer-$0--
Felicia WiseBoard Secretary-$0--
Selina MenendesBoard Of Directors-$0--
Filing and Contact Details

Filer

Filer Name
It Takes Two Inc
EIN
45-4734503
Phone
4433029799
Address
PO Box 787, Gambrills, MD 21054

Signing Officer

Name
Jaemellah Kemp
Title
CEO & President
Phone
4433029799
Signed
2021-04-22
Discuss with paid preparer
Yes

Preparer

Firm
Archers Tax Services and More LLC
Address
PO Box 3304, Fort Pierce, FL 34948
Preparer
Maureen Archer
Phone
7726183035
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Program expenses for Tools for Success Scholarship P4GYP and Supply Drive 365

Form 990-EZ, Part I, Line 16

Description;Amount^Web Fees;299|Insurance;1700|Telephone Communication;180^Total;2179^

Form 990-EZ, Part III, Line (28-31)

1. Positioned for Greatness Youth Program (P4GYP) - Objective: to help students successfully handle their transformative years - middle and high school- as it sets the tone for life after high school. P4GYP is a nine (9) month (March-November) co-ed life skills program focused on IT TAKES TWO, INC's six pillars: anti-bullying, financial literacy, college and career readiness, youth entrepreneurship, leadership, and community service. It is mainly geared toward 5th - 12th grade students. Currently, all programming is 100% virtual because of COVID-19. Good stewardship is the foundation of a leader. Community service and leadership are the foundation of this program. College admissions officers are looking for youth who are leaders and believe in giving back, so we will depend on these concepts heavily in the program. Students participate in fun, engaging, thought-provoking activities monthly that will help them grow and make middle school and high school a great experience. We have guest speakers lined up who will encourage students while tapping into their gifts, passions, and talents. Through P4GYP we plan to open their eyes to the possibilities while making sure they are socially and academically prepared. They receive 9 educational sessions focused on our six pillars and 6-8 fun nights with family called Friday Night Kickbacks over the course of the program. There is a $30 annual materials fee with a 50% sibling discount. This program serves 10-12 students as members, but all sessions are open to the public for $5 per session. For 2020, our average program on reach was 100 students. 2. Tools for Success Scholarship is awarded to students in grades four through college (age 26) living in single parent homes in select Maryland counties (Anne Arundel, Prince George's, Baltimore, Montgomery, Charles, and Baltimore City). Awards pay for school supplies, books, uniforms, academic and sports registration fees, laptops, tutoring, and internet. After a needs assessment, the award package is distributed in the form of tangible supplies or a check to the college for college students. The scholarship is open from April 1 to July 1 annually with announcement made on August 1. To date, we have awarded 25 scholarships totaling $8300 and we are in our 9th scholarship season. 3. Supply drive 365 is an initiative where we provide school supplies to low end families in the same service are as our scholarship program with school supplies for the entire school year. Since its inception in the 2014-2015 school year, we have provided supplies to over 200 students. We created a standard supply list by grade. Students receive supplies at the start of the school year and a replenishment at the end of the second marking period.

Form 990-EZ, Part V, Line 34

Yes, the Bylaws were amended February 21 2019

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IRS990EZ/PrimaryExemptPurposeTxt0IT TAKES TWO, INC is a 501(c)(3) nonprofit organization dedicated to enriching the lives of young people and increasing the opportunities of youth in Anne Arundel County, Prince George's County, and the greater Washington, D.C. Metropolitan area. Our mission is to enhance the educational experiences for young people from single parent households by awarding scholarships to address a variety of basic as well as expansive educational needs. It is our goal to promote the significance of education, build self- awareness, and encourage our youth; ultimately creating tomorrow leaders today.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Tools for Success Scholarship is awarded to students in grades four through college (age 26) living in single parent homes in select Maryland counties . To date, we have awarded 25 scholarships totaling $8300 and we are in our 9th scholarship season.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Supply drive 365 is an initiative where we provide school supplies to low end families in the same service are as our scholarship program with school supplies for the entire school year. Since its inception in the 2014-2015 school year, we have provided supplies to over 200 students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2P4GYP is a nine (9) month (March-November) co-ed life skills program focused on IT TAKES TWO, INC's six pillars: anti-bullying, financial literacy, college and career readiness, youth entrepreneurship, leadership, and community service. It is mainly geared toward 5th - 12th grade students. During 2020 it reached 100 students.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program expenses for Tools for Success Scholarship P4GYP and Supply Drive 365
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Web Fees;299|Insurance;1700|Telephone Communication;180^Total;2179^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21. Positioned for Greatness Youth Program (P4GYP) - Objective: to help students successfully handle their transformative years - middle and high school- as it sets the tone for life after high school. P4GYP is a nine (9) month (March-November) co-ed life skills program focused on IT TAKES TWO, INC's six pillars: anti-bullying, financial literacy, college and career readiness, youth entrepreneurship, leadership, and community service. It is mainly geared toward 5th - 12th grade students. Currently, all programming is 100% virtual because of COVID-19. Good stewardship is the foundation of a leader. Community service and leadership are the foundation of this program. College admissions officers are looking for youth who are leaders and believe in giving back, so we will depend on these concepts heavily in the program. Students participate in fun, engaging, thought-provoking activities monthly that will help them grow and make middle school and high school a great experience. We have guest speakers lined up who will encourage students while tapping into their gifts, passions, and talents. Through P4GYP we plan to open their eyes to the possibilities while making sure they are socially and academically prepared. They receive 9 educational sessions focused on our six pillars and 6-8 fun nights with family called Friday Night Kickbacks over the course of the program. There is a $30 annual materials fee with a 50% sibling discount. This program serves 10-12 students as members, but all sessions are open to the public for $5 per session. For 2020, our average program on reach was 100 students. 2. Tools for Success Scholarship is awarded to students in grades four through college (age 26) living in single parent homes in select Maryland counties (Anne Arundel, Prince George's, Baltimore, Montgomery, Charles, and Baltimore City). Awards pay for school supplies, books, uniforms, academic and sports registration fees, laptops, tutoring, and internet. After a needs assessment, the award package is distributed in the form of tangible supplies or a check to the college for college students. The scholarship is open from April 1 to July 1 annually with announcement made on August 1. To date, we have awarded 25 scholarships totaling $8300 and we are in our 9th scholarship season. 3. Supply drive 365 is an initiative where we provide school supplies to low end families in the same service are as our scholarship program with school supplies for the entire school year. Since its inception in the 2014-2015 school year, we have provided supplies to over 200 students. We created a standard supply list by grade. Students receive supplies at the start of the school year and a replenishment at the end of the second marking period.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Yes, the Bylaws were amended February 21 2019
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part III, Line (28-31)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part V, Line 34
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Maureen Archer
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