Civic Intelligence

Two Foundation Inc

990 • Fiscal year 2021 • EIN 46-3258319

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

8578 East Washington StChagrin Falls, OH 44023

(440) 384-3236

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

40th percentile

0.05x

Higher debt load relative to revenue than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

69th percentile

26%

Higher net margin than 69% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$100,000

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

85th percentile

47%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

54%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,229,247

Up $390,555 (+47%) from 2020

Net Assets

Up

$1,158,578

Up $476,182 (+70%) from 2020

Liabilities

Down

$70,669

Down $85,627 (-55%) from 2020

Revenue

Up

$1,526,956

Up $538,286 (+54%) from 2020

Expenses

Up

$1,135,970

Up $248,234 (+28%) from 2020

Net Income

Up

$390,986

Up $290,052 (+287%) from 2020

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $55,234Liabilities 2014: $02014Assets 2015: $71,622Liabilities 2015: $30,897Net Assets 2015: $40,7252015Assets 2016: $152,432Liabilities 2016: $32,469Net Assets 2016: $119,9632016Assets 2017: $258,827Liabilities 2017: $30,737Net Assets 2017: $228,0902017Assets 2018: $353,098Liabilities 2018: $32,353Net Assets 2018: $320,7452018Assets 2019: $608,056Liabilities 2019: $37,976Net Assets 2019: $570,0802019Assets 2020: $838,692Liabilities 2020: $156,296Net Assets 2020: $682,3962020Assets 2021: $1,229,247Liabilities 2021: $70,669Net Assets 2021: $1,158,5782021Assets 2022: $1,558,920Liabilities 2022: $78,481Net Assets 2022: $1,480,4392022Assets 2023: $2,834,445Liabilities 2023: $657,819Net Assets 2023: $2,176,6262023Assets 2024: $7,068,553Liabilities 2024: $1,845,522Net Assets 2024: $5,223,0312024

Highlighted filing

2021

Assets$1,229,247
Liabilities$70,669
Net Assets$1,158,578

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $118,704Expenses 2014: $68,542Net Income 2014: $50,1622014Revenue 2015: $394,664Expenses 2015: $409,173Net Income 2015: -$14,5092015Revenue 2016: $490,789Expenses 2016: $412,288Net Income 2016: $78,5012016Revenue 2017: $613,444Expenses 2017: $505,022Net Income 2017: $108,4222017Revenue 2018: $794,278Expenses 2018: $630,490Net Income 2018: $163,7882018Revenue 2019: $1,076,958Expenses 2019: $836,027Net Income 2019: $240,9312019Revenue 2020: $988,670Expenses 2020: $887,736Net Income 2020: $100,9342020Revenue 2021: $1,526,956Expenses 2021: $1,135,970Net Income 2021: $390,9862021Revenue 2022: $1,708,613Expenses 2022: $1,365,230Net Income 2022: $343,3832022Revenue 2023: $2,762,818Expenses 2023: $2,042,872Net Income 2023: $719,9462023Revenue 2024: $5,583,546Expenses 2024: $2,438,706Net Income 2024: $3,144,8402024

Highlighted filing

2021

Revenue$1,526,956
Expenses$1,135,970
Net Income$390,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$1,526,956
Mission and Program Overview

Mission

To provide job placement, job coaching and support in the work place for the mild to moderate cognitively abled individuals ages 16 and over.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$495,242$628,488▲ $133,246
Investments Program Related$229,989$375,881▲ $145,892
Land, Buildings, and Equipment, Net$96,074$149,694▲ $53,620
Savings and Temporary Cash Investments-$75,184-
Accounts Receivable$17,387--
Total Assets$838,692$1,229,247▲ $390,555
Liabilities
Unsecured Notes Loans Payable$120,000--
Accounts Payable and Accrued Expenses$36,296$52,389▲ $16,093
Other Liabilities-$18,280-
Total Liabilities$156,296$70,669▼ $85,627
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$557,946$1,034,128▲ $476,182
Net Assets With Donor Restrictions$124,450$124,450→ $0
Total Net Assets Fund Balance$682,396$1,158,578▲ $476,182
Total Liabilities and Net Assets / Fund Balance$838,692$1,229,247▲ $390,555

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$145,909$50,329$196,238
Equipment-$33,759$33,759
Leasehold Improvements$3,785$822$4,607
Investment Program Related Org$375,881--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shari HunterExecutive DiFT$100,000$100,000

Board Members and Trustees

NameTitle
Ben BrigemanDirector
David DickensonDirector
Edda OwenDirector
Francis DickensonDirector
Michael KoehlerDirector
Terry OwenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$805,693
Program Service Revenue
$713,852
Investment Income
$7,411
Other Revenue
$0
All Other Contributions
$547,090
Change in Net Assets
$390,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$655,941
Other Expenses$480,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$445,560$18,489-$464,049
Current Officers, Directors, Trustees, and Key Employees$75,000$25,000-$100,000
Depreciation Depletion$83,632$54-$83,686
Occupancy$66,618--$66,618
Payroll Taxes$40,149$9,447-$49,596
Other Employee Benefits$42,296--$42,296
All Other Expenses$30,609$1,704-$32,313
Insurance$9,648$3,216-$12,864
Other Expenses$12,683$1,334-$12,683
Advertising$9,307--$9,307
Fees for Services Other$8,820--$8,820
Office Expenses$1,885$2,827-$4,712
Interest$33--$33
Total Functional Expenses$1,073,899$62,071$0$1,135,970
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Van Loan$18,280
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Organization's process to review form 990 officers of two foundation is to review and discuss form 990 with preparer. Adjustments and corrections made as determined necessary.

Form 990, Page 6, Part VI, Line 12C

Initially in the employee handbook. Then, management oversees daily operations.

Form 990, Page 6, Part VI, Line 15A

Board approves at their regular board meetings.

Form 990, Page 6, Part VI, Line 15B

Board approves at their regular board meetings.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Two Foundation Inc
EIN
46-3258319
Phone
4403843236
Address
8578 EAST WASHINGTON ST, CHAGRIN FALLS, OH 44023
Doing Business As
Two Cafe & Boutique

Signing Officer

Name
Shari Hunter
Title
Executive Director
Phone
4403843236
Signed
2022-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shari Hunter
Formed
2014
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
7
Employees
47

Preparer

Firm
Kuper Hilton & Kaminski Inc
Address
23790 LORAIN RD, NORTH OLMSTED, OH 44070
Preparer
Kenneth D Ellis CPA
Phone
4407790303
Supplemental Narrative

Additional Explanations

Form 990, Part III

Two cafe & boutique is a restaurant & retail operation. The cafe & boutique trains several mild to moderate cognitively abled individuals to prepare them to enter the workforce and as extension of the mission to provide job placement.

Form 990, Part XI, Line 9

Book / tax depreciation difference 65,920 unrealized gain on investments 19,276 total 85,196

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0347870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02507725
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04734291
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01260941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0988670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01076958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0794278
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0613444
IRS990ScheduleA/Total509Grp/TotalAmt04734291
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01260941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0988670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01076958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0794278
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0613444
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04734291
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033759
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033759
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0375881
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0TD AMERITRADE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03785
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0822
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04607
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0145909
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050329
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0196238
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0VAN LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149694
IRS990ScheduleD/TotalBookValueProgramRltdAmt0375881
IRS990ScheduleD/TotalLiabilityAmt018280
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO CAFE & BOUTIQUE IS A RESTAURANT & RETAIL OPERATION. THE CAFE & BOUTIQUE TRAINS SEVERAL MILD TO MODERATE COGNITIVELY ABLED INDIVIDUALS TO PREPARE THEM TO ENTER THE WORKFORCE AND AS EXTENSION OF THE MISSION TO PROVIDE JOB PLACEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 OFFICERS OF TWO FOUNDATION IS TO REVIEW AND DISCUSS FORM 990 WITH PREPARER. ADJUSTMENTS AND CORRECTIONS MADE AS DETERMINED NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INITIALLY IN THE EMPLOYEE HANDBOOK. THEN, MANAGEMENT OVERSEES DAILY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD APPROVES AT THEIR REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD APPROVES AT THEIR REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE 65,920 UNREALIZED GAIN ON INVESTMENTS 19,276 TOTAL 85,196
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01229247
IRS990/TotalAssetsGrp/BOYAmt0838692
IRS990/TotalAssetsGrp/EOYAmt01229247
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0805693
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062071
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01073899
IRS990/TotalFunctionalExpensesGrp/TotalAmt01135970
IRS990/TotalGrossUBIAmt018
IRS990/TotalLiabilitiesBOYAmt0156296
IRS990/TotalLiabilitiesEOYAmt070669
IRS990/TotalLiabilitiesGrp/BOYAmt0156296
IRS990/TotalLiabilitiesGrp/EOYAmt070669
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0682396
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01158578
IRS990/TotalProgramServiceExpensesAmt01073899
IRS990/TotalProgramServiceRevenueAmt0713852
IRS990/TotalReportableCompFromOrgAmt0100000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0721245
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01526956
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0838692
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01229247
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0120000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0274 N CHILLOCOTHE ROAD
IRS990/USAddress/CityNm0AURORA
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044202
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.TWOFOUNDATION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARI HUNTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04403843236
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0TWOF
ReturnHeader/Filer/EIN0463258319
ReturnHeader/Filer/PhoneNum04403843236
ReturnHeader/Filer/USAddress/AddressLine1Txt08578 EAST WASHINGTON ST
ReturnHeader/Filer/USAddress/CityNm0CHAGRIN FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044023
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341718091
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KUPER HILTON & KAMINSKI INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023790 LORAIN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH OLMSTED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044070
ReturnHeader/PreparerPersonGrp/PhoneNum04407790303
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH D ELLIS CPA
ReturnHeader/ReturnTs02022-11-15T13:17:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHARI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HUNTER
ReturnHeader/TaxPeriodBeginDt02021-01-01

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