Civic Intelligence

Two Foundation Inc

990 • Fiscal year 2023 • EIN 46-3258319

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 24, 2024

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

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

79th percentile

26%

Higher net margin than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

70th percentile

$105,600

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

93rd percentile

82%

Faster asset growth than 93% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

62%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,834,445

Up $1,275,525 (+82%) from 2022

Net Assets

Up

$2,176,626

Up $696,187 (+47%) from 2022

Liabilities

Up

$657,819

Up $579,338 (+738%) from 2022

Revenue

Up

$2,762,818

Up $1,054,205 (+62%) from 2022

Expenses

Up

$2,042,872

Up $677,642 (+50%) from 2022

Net Income

Up

$719,946

Up $376,563 (+110%) from 2022

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

2023

Assets$2,834,445
Liabilities$657,819
Net Assets$2,176,626

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

2023

Revenue$2,762,818
Expenses$2,042,872
Net Income$719,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 24, 2024
Return Version
2023v5.1
Gross Receipts
$2,762,818
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.

To provide job placement,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$897,172$368,432▼ $528,740
Savings and Temporary Cash Investments$75,192$365,887▲ $290,695
Investments Program Related$341,168$0▼ $341,168
Land, Buildings, and Equipment, Net$219,640$230,140▲ $10,500
Accounts Receivable$25,748$10,094▼ $15,654
Total Assets$1,558,920$2,834,445▲ $1,275,525
Other Assets Total$0$1,859,892▲ $1,859,892
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,621$416,678▲ $403,057
Accounts Payable and Accrued Expenses$64,860$241,141▲ $176,281
Total Liabilities$78,481$657,819▲ $579,338
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,355,989$2,052,176▲ $696,187
Net Assets With Donor Restrictions$124,450$124,450→ $0
Total Net Assets Fund Balance$1,480,439$2,176,626▲ $696,187
Total Liabilities and Net Assets / Fund Balance$1,558,920$2,834,445▲ $1,275,525

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,937$78,907$158,844
Land$77,779-$77,779
Leasehold Improvements$56,108$7,720$63,828
Other Land Buildings$16,316$41,428$57,744
Other Assets Org$1,859,892--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shari HunterExecutive DirectorFT$105,600$105,600

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,765,159
Program Service Revenue
$974,027
Investment Income
$19,832
Other Revenue
$3,800
All Other Contributions
$1,765,159
Change in Net Assets
$719,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,085,017
Other Expenses$957,855
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$748,119$83,124-$831,243
All Other Expenses$208,153--$208,153
Occupancy$123,909--$123,909
Current Officers, Directors, Trustees, and Key Employees$79,200$26,400-$105,600
Other Employee Benefits$76,032--$76,032
Payroll Taxes$64,928$7,214-$72,142
Advertising$58,294--$58,294
Fees for Services Legal$52,944--$52,944
Interest$46,258--$46,258
Depreciation Depletion$42,515$43-$42,558
Insurance$23,483$10,550-$34,033
Other Expenses$20,844$3,316-$20,844
Office Expenses$4,322$4,322-$8,644
Fees for Services Accounting$4,784--$4,784
Travel$2,363--$2,363
Total Functional Expenses$1,907,903$134,969$0$2,042,872
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
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, Part VI, Section B, Line 11B

The officers and board members review form 990 and discuss all questions with preparer. Adjustments and corrections are made as determined necessary after additional review.

Form 990, Part VI, Section B, Line 12C

Management oversees daily operations and uses the employee handbook as a guide.

Form 990, Part VI, Section B, Line 15

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, Part VI, Section C, 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

Signing Officer

Name
Shari Hunter
Title
Executive Director
Phone
4403843236
Signed
2024-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shari Hunter
Formed
2014
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
9
Employees
65
Volunteers
0

Preparer

Firm
Persinger & Associates Inc
Address
323 E GARFIELD ROAD SUITE 10, AURORA, OH 44202
Preparer
Andrea H Persinger CPA
Phone
3305625811
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Cost of equipment traded-in -23,759.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/TotalAmt320844
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt083124
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0748119
IRS990/OtherSalariesAndWagesGrp/TotalAmt0831243
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07214
IRS990/PayrollTaxesGrp/ProgramServicesAmt064928
IRS990/PayrollTaxesGrp/TotalAmt072142
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SHARI HUNTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0722511
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SUPPORTED COMMUNITY EM
IRS990/ProgramServiceRevenueGrp/Desc1TWO CAFE & BOUTIQUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0608011
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1366016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0608011
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1366016
IRS990/ProgSrvcAccomActy2Grp/Desc0N/A
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0904575
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-11271
IRS990/PYOtherExpensesAmt0547076
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0815309
IRS990/PYRevenuesLessExpensesAmt0343383
IRS990/PYSalariesCompEmpBnftPaidAmt0818154
IRS990/PYTotalExpensesAmt01365230
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01708613
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0719946
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt03800
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0974207
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075192
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0365887
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01765159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0917498
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0547090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0470120
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0525172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04225039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0974027
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0802387
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0713851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0518550
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0551786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03560601
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt07785640
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02739186
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01719885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01260941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0988670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01076958
IRS990ScheduleA/Total509Grp/TotalAmt07785640
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02739186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01719885
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01260941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0988670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01076958
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07785640
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt079937
IRS990ScheduleD/EquipmentGrp/DepreciationAmt078907
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0158844
IRS990ScheduleD/LandGrp/BookValueAmt077779
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt077779
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt056108
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07720
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt063828
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01859892
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016316
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041428
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt057744
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0230140
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01859892
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OFFICERS AND BOARD MEMBERS REVIEW FORM 990 AND DISCUSS ALL QUESTIONS WITH PREPARER. ADJUSTMENTS AND CORRECTIONS ARE MADE AS DETERMINED NECESSARY AFTER ADDITIONAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT OVERSEES DAILY OPERATIONS AND USES THE EMPLOYEE HANDBOOK AS A GUIDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION'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/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COST OF EQUIPMENT TRADED-IN -23,759.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01558920
IRS990/TotalAssetsEOYAmt02834445
IRS990/TotalAssetsGrp/BOYAmt01558920
IRS990/TotalAssetsGrp/EOYAmt02834445
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01765159
IRS990/TotalEmployeeCnt065
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0134969
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01907903
IRS990/TotalFunctionalExpensesGrp/TotalAmt02042872
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt078481
IRS990/TotalLiabilitiesEOYAmt0657819
IRS990/TotalLiabilitiesGrp/BOYAmt078481
IRS990/TotalLiabilitiesGrp/EOYAmt0657819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01480439
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02176626
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01907903

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