Civic Intelligence

Two Blades Foundation

990 • Fiscal year 2022 • EIN 56-2455310

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 30, 2023

Organization Profile2BLADES.ORG

View Organization Page

1630 Chicago Avenue Suite 1312Evanston, IL 60201

(847) 425-1277

Siviq Scores

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

Liabilities / Assets

24th percentile

0.02x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

18th percentile

0.03x

Higher debt load relative to revenue than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

55th percentile

9.3%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

3rd percentile

-27%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

9.5%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$8,778,210

Down $3,194,886 (-27%) from 2021

Net Assets

Up

$8,615,645

Up $602,964 (+7.5%) from 2021

Liabilities

Down

$162,565

Down $3,797,850 (-96%) from 2021

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin55th percentile

Revenue

Up

$6,470,980

Up $560,664 (+9.5%) from 2021

Expenses

Down

$5,868,016

Down $1,049,468 (-15%) from 2021

Net Income

Up

$602,964

Up $1,610,132 (+160%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $1,099,772Liabilities 2010: $1,528,729Net Assets 2010: -$428,9572010Assets 2011: $940,600Liabilities 2011: $467,384Net Assets 2011: $473,2162011Assets 2012: $1,177,538Liabilities 2012: $2,007,241Net Assets 2012: -$829,7032012Assets 2013: $2,365,852Liabilities 2013: $3,105,552Net Assets 2013: -$739,7002013Assets 2014: $2,124,282Liabilities 2014: $2,295,448Net Assets 2014: -$171,1662014Assets 2015: $5,050,526Liabilities 2015: $2,218,027Net Assets 2015: $2,832,4992015Assets 2016: $6,489,906Liabilities 2016: $7,368,928Net Assets 2016: -$879,0222016Assets 2017: $16,907,250Liabilities 2017: $12,199,117Net Assets 2017: $4,708,1332017Assets 2018: $18,064,976Liabilities 2018: $10,973,229Net Assets 2018: $7,091,7472018Assets 2019: $16,255,813Liabilities 2019: $9,144,185Net Assets 2019: $7,111,6282019Assets 2020: $17,604,907Liabilities 2020: $8,585,058Net Assets 2020: $9,019,8492020Assets 2021: $11,973,096Liabilities 2021: $3,960,415Net Assets 2021: $8,012,6812021Assets 2022: $8,778,210Liabilities 2022: $162,565Net Assets 2022: $8,615,6452022Assets 2023: $10,631,316Liabilities 2023: $3,638,914Net Assets 2023: $6,992,4022023Assets 2024: $13,326,984Liabilities 2024: $2,140,530Net Assets 2024: $11,186,4542024

Highlighted filing

2022

Assets$8,778,210
Liabilities$162,565
Net Assets$8,615,645
Open 2022 Filing

Operations Trend

Revenue Growth58th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $2,428,246Expenses 2010: $1,771,788Net Income 2010: $656,4582010Revenue 2011: $2,544,336Expenses 2011: $1,642,163Net Income 2011: $902,1732011Revenue 2012: $3,944,442Expenses 2012: $5,247,361Net Income 2012: -$1,302,9192012Revenue 2013: $5,207,771Expenses 2013: $5,117,768Net Income 2013: $90,0032013Revenue 2014: $4,326,527Expenses 2014: $3,757,993Net Income 2014: $568,5342014Revenue 2015: $7,903,694Expenses 2015: $4,900,029Net Income 2015: $3,003,6652015Revenue 2016: $6,941,285Expenses 2016: $10,652,806Net Income 2016: -$3,711,5212016Revenue 2017: $8,978,041Expenses 2017: $3,390,886Net Income 2017: $5,587,1552017Revenue 2018: $7,434,942Expenses 2018: $5,051,328Net Income 2018: $2,383,6142018Revenue 2019: $5,874,276Expenses 2019: $5,799,172Net Income 2019: $75,1042019Revenue 2020: $8,538,030Expenses 2020: $6,629,809Net Income 2020: $1,908,2212020Revenue 2021: $5,910,316Expenses 2021: $6,917,484Net Income 2021: -$1,007,1682021Revenue 2022: $6,470,980Expenses 2022: $5,868,016Net Income 2022: $602,9642022Revenue 2023: $2,480,613Expenses 2023: $3,493,827Net Income 2023: -$1,013,2142023Revenue 2024: $9,981,596Expenses 2024: $5,934,568Net Income 2024: $4,047,0282024

Highlighted filing

2022

Revenue$6,470,980
Expenses$5,868,016
Net Income$602,964
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$6,470,980
Mission and Program Overview

Mission

Scientific, research and education

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$8,012,681$8,615,645▲ $602,964
Cash and Non-Interest-Bearing Accounts$8,185,586$8,548,136▲ $362,550
Accounts Receivable$147,863$127,907▼ $19,956
Total Assets$11,973,096$8,778,210▼ $3,194,886
Other Assets Total$3,639,647$102,167▼ $3,537,480
Liabilities
Accounts Payable and Accrued Expenses$56,831$59,992▲ $3,161
Other Liabilities-$53,748-
Grants Payable$3,903,584$48,825▼ $3,854,759
Total Liabilities$3,960,415$162,565▼ $3,797,850
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,012,681$8,615,645▲ $602,964
Total Liabilities and Net Assets / Fund Balance$11,973,096$8,778,210▼ $3,194,886

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$12,537$12,537
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Diana M HorvathPresident
Eric WardDirector
Rob HorschDirector
Peter VanesseVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,341,567
Program Service Revenue
$0
Investment Income
$22,945
Other Revenue
$106,468
All Other Contributions
$5,464,929
Change in Net Assets
$602,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,470,980
Total Revenue per Audited Statements
$6,470,980
Total Revenue per Form 990
$6,470,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,388,470
Other Expenses$1,507,012
Salaries, Compensation, and Employee Benefits$972,534
Total Fundraising Expense$595,962
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$3,283,317--$3,283,317
Other Salaries and Wages$341,371$192,995$315,986$850,352
Advertising--$159,445$159,445
Fees for Services Legal$114,949$17,559-$132,508
Grants to Domestic Orgs$105,153--$105,153
Travel$56,691-$46,384$103,075
Pension Plan Contributions$29,391$16,616$27,205$73,212
Occupancy$25,038$19,493$10,417$54,948
Payroll Taxes$19,659$11,114$18,197$48,970
Insurance$20,101$15,326$9,794$45,221
Other Expenses$10,000$15,738-$25,738
Conferences and Meetings$1,840$19,918-$21,758
Office Expenses$5,717$3,929$5,292$14,938
All Other Expenses$8,324$2,780$3,242$14,346
Depreciation Depletion-$12,537-$12,537
Fees for Services Accounting-$5,600-$5,600
Fees for Services Other-$25-$25
Total Functional Expenses$4,938,424$333,630$595,962$5,868,016

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,868,016
Total Expenses per Audited Statements$5,868,016
Total Expenses per Form 990$5,868,016
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MinnesotaMinneapolis, MN-Research$105,153

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Lease Liability$53,748
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
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

“50% of the board of directors sign the state return which has a copy of this 990 attached.”

Form 990, Page 6, Part VI, Line 19

“UPON WRITTEN REQUEST.”

Filing and Contact Details

Filer

Filer Name
Two Blades Foundation
EIN
56-2455310
Phone
8474251277
Address
1630 CHICAGO AVENUE SUITE 1312, EVANSTON, IL 60201

Signing Officer

Name
Diana M Horvath
Title
President
Phone
8474251277
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diana M Horvath
Formed
2004
Legal Domicile
De
Voting Board Members
4
Independent Board Members
3
Employees
6

Preparer

Firm
Rozovics Group Llp
Address
805 W TOUHY AVE, PARK RIDGE, IL 60068
Preparer
Susan M Huizinga
Phone
8476997600
Raw XML Appendix397 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt056831
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt059992
IRS990/AccountsReceivableGrp/BOYAmt0147863
IRS990/AccountsReceivableGrp/EOYAmt0127907
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SCIENTIFIC, RESEARCH AND EDUCATION
IRS990/AdvertisingGrp/FundraisingAmt0159445
IRS990/AdvertisingGrp/TotalAmt0159445
IRS990/AllOtherContributionsAmt05464929
IRS990/AllOtherExpensesGrp/FundraisingAmt03242
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02780
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08324
IRS990/AllOtherExpensesGrp/TotalAmt014346
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0DIANA M HORVATH
IRS990/BooksInCareOfDetail/PhoneNum08474251277
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01630 CHICAGO AVENUE SUITE1312
IRS990/BooksInCareOfDetail/USAddress/CityNm0EVANSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060201
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt08185586
IRS990/CashNonInterestBearingGrp/EOYAmt08548136
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt019918
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01840
IRS990/ConferencesMeetingsGrp/TotalAmt021758
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06341567
IRS990/CYGrantsAndSimilarPaidAmt03388470
IRS990/CYInvestmentIncomeAmt022945
IRS990/CYOtherExpensesAmt01507012
IRS990/CYOtherRevenueAmt0106468
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0602964
IRS990/CYSalariesCompEmpBnftPaidAmt0972534
IRS990/CYTotalExpensesAmt05868016
IRS990/CYTotalFundraisingExpenseAmt0595962
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06470980
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012537
IRS990/DepreciationDepletionGrp/TotalAmt012537
IRS990/Desc0TWO BLADES SUPPORTS AND MANAGES PROGRAMS THAT ADVANCE SCIENTIFIC DISCOVERIES INTO PRACTICAL APPLICATIONS. TWO BLADES MANAGES A PORTFOLIO OF OWNED OR IN-LICENSED TECHNOLOGIES EMCOMPASSING SPECIFIC TRAITS AND ENABLING TECHNOLOGIES TO FIGHT PLANT DISEASE. TWO BLADES PAYS PATENT COSTS IN SUPPORT OF RESEARCH AND LICENSING AND PURSUES BUSINESS PARTNERS FOR DEVELOPMENT OF DISEASE RESISTANT PRODUCTS. IT ALSO MEETS WITH POTENTIAL PARTNER FOUNDATIONS TO DISCUSS CO-FUNDING OPPORTUNITIES. IT AWARDS RESEARCH GRANTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04938424
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05600
IRS990/FeesForServicesAccountingGrp/TotalAmt05600
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt017559
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0114949
IRS990/FeesForServicesLegalGrp/TotalAmt0132508
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025
IRS990/FeesForServicesOtherGrp/TotalAmt025
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt03283317
IRS990/ForeignGrantsGrp/TotalAmt03283317
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ROB HORSCH
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANA M HORVATH
IRS990/Form990PartVIISectionAGrp/PersonNm2ERIC WARD
IRS990/Form990PartVIISectionAGrp/PersonNm3PETER VANESSE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt0876638
IRS990/GrantAmt03388470
IRS990/GrantsPayableGrp/BOYAmt03903584
IRS990/GrantsPayableGrp/EOYAmt048825
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0105153
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0105153
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06470980
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt09794
IRS990/InsuranceGrp/ManagementAndGeneralAmt015326
IRS990/InsuranceGrp/ProgramServicesAmt020101
IRS990/InsuranceGrp/TotalAmt045221
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt022945
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022945
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012537
IRS990/LandBldgEquipCostOrOtherBssAmt012537
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SCIENTIFIC, RESEARCH AND EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt08012681
IRS990/NetAssetsOrFundBalancesEOYAmt08615645
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt010417
IRS990/OccupancyGrp/ManagementAndGeneralAmt019493
IRS990/OccupancyGrp/ProgramServicesAmt025038
IRS990/OccupancyGrp/TotalAmt054948
IRS990/OfficeExpensesGrp/FundraisingAmt05292
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03929
IRS990/OfficeExpensesGrp/ProgramServicesAmt05717
IRS990/OfficeExpensesGrp/TotalAmt014938
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03639647
IRS990/OtherAssetsTotalGrp/EOYAmt0102167
IRS990/OtherExpensesGrp/Desc0PATENT MAINTENANCE
IRS990/OtherExpensesGrp/Desc1RESEARCH-DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2LICENSE EXPENSES
IRS990/OtherExpensesGrp/Desc3OUTSIDE SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015738
IRS990/OtherExpensesGrp/ProgramServicesAmt0501837
IRS990/OtherExpensesGrp/ProgramServicesAmt1238853
IRS990/OtherExpensesGrp/ProgramServicesAmt2176183
IRS990/OtherExpensesGrp/ProgramServicesAmt310000
IRS990/OtherExpensesGrp/TotalAmt0501837
IRS990/OtherExpensesGrp/TotalAmt1238853
IRS990/OtherExpensesGrp/TotalAmt2176183
IRS990/OtherExpensesGrp/TotalAmt325738
IRS990/OtherLiabilitiesGrp/EOYAmt053748
IRS990/OtherRevenueMiscGrp/Desc0REALIZE GAIN FOREIGN CURRENCY
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0106468
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0106468
IRS990/OtherRevenueTotalAmt0106468
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0315986
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0192995
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0341371
IRS990/OtherSalariesAndWagesGrp/TotalAmt0850352
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt018197
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011114
IRS990/PayrollTaxesGrp/ProgramServicesAmt019659
IRS990/PayrollTaxesGrp/TotalAmt048970
IRS990/PensionPlanContributionsGrp/FundraisingAmt027205
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016616
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029391
IRS990/PensionPlanContributionsGrp/TotalAmt073212
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DIANA M HORVATH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05891399
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04534055
IRS990/PYInvestmentIncomeAmt018917
IRS990/PYOtherExpensesAmt01630817
IRS990/PYRevenuesLessExpensesAmt0-1007168
IRS990/PYSalariesCompEmpBnftPaidAmt0752612
IRS990/PYTotalExpensesAmt06917484
IRS990/PYTotalRevenueAmt05910316
IRS990/ReconcilationRevenueExpnssAmt0602964
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08012681
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08615645
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06341567
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05891399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08537651
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05870596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07432713
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt034073926
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03680
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02229
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05909
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0129413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt018917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0379
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0148709
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03680
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02229
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05909
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt034222635
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06470980
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05910316
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08538030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05870596
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07432713
IRS990ScheduleA/Total509Grp/TotalAmt034222635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06470980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05910316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08538030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt05874276
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07434942
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt034228544
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/ExpensesSubtotalAmt05868016
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012537
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt06470980
IRS990ScheduleD/TotalExpensesPerForm990Amt05868016
IRS990ScheduleD/TotalLiabilityAmt053748
IRS990ScheduleD/TotalRevenuePerForm990Amt06470980
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06470980
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05868016
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt02536122
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1671106
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt276089
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1RESEARCH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2RESEARCH
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0UNITED KINGDOM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1BRAZIL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2SAUDI ARABIA
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0US DOLLARS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc1US DOLLARS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc2US DOLLARS
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THE GRANTEE REPORTS BACK TO THE GRANTOR THEIR PROGRESS AND FINDINGS. THERE IS A SIGNED CONTRACT.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0105153
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF MINNESOTA
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0NW 5957 PO BOX 1450
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MINNEAPOLIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055485
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt050% OF THE BOARD OF DIRECTORS SIGN THE STATE RETURN WHICH HAS A COPY OF THIS 990 ATTACHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011973096
IRS990/TotalAssetsEOYAmt08778210
IRS990/TotalAssetsGrp/BOYAmt011973096
IRS990/TotalAssetsGrp/EOYAmt08778210
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06341567
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0595962
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0333630
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04938424
IRS990/TotalFunctionalExpensesGrp/TotalAmt05868016
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03960415
IRS990/TotalLiabilitiesEOYAmt0162565
IRS990/TotalLiabilitiesGrp/BOYAmt03960415
IRS990/TotalLiabilitiesGrp/EOYAmt0162565
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08012681
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08615645
IRS990/TotalProgramServiceExpensesAmt04938424
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0129413
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06470980
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011973096
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08778210
IRS990/TravelGrp/FundraisingAmt046384
IRS990/TravelGrp/ProgramServicesAmt056691
IRS990/TravelGrp/TotalAmt0103075
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01630 CHICAGO AVENUE SUITE1312
IRS990/USAddress/CityNm0EVANSTON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060201
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt02BLADES.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DIANA M HORVATH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08474251277
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWO BLADES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0TWOB
ReturnHeader/Filer/EIN0562455310
ReturnHeader/Filer/PhoneNum08474251277
ReturnHeader/Filer/USAddress/AddressLine1Txt01630 CHICAGO AVENUE SUITE 1312
ReturnHeader/Filer/USAddress/CityNm0EVANSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800955974
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROZOVICS GROUP LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0805 W TOUHY AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARK RIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060068
ReturnHeader/PreparerPersonGrp/PhoneNum08476997600
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUSAN M HUIZINGA
ReturnHeader/ReturnTs02023-11-01T13:50:27-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DIANA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HORVATH
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,778,210
Liabilities
$162,565
Net assets
$8,615,645
Revenue
$6,470,980
Expenses
$5,868,016
Net income
$602,964
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.3$2.14$11.2$9.98$5.93$4.05
2023Detailed filing. Detailed filing data is available for this year.$10.6$3.64$6.99$2.48$3.49$1.01
2022Detailed filing. Detailed filing data is available for this year.$8.78$0.16$8.62$6.47$5.87$0.60
2021Detailed filing. Detailed filing data is available for this year.$12.0$3.96$8.01$5.91$6.92$1.01
2020Detailed filing. Detailed filing data is available for this year.$17.6$8.59$9.02$8.54$6.63$1.91
2019Detailed filing. Detailed filing data is available for this year.$16.3$9.14$7.11$5.87$5.80$0.08
2018Detailed filing. Detailed filing data is available for this year.$18.1$11.0$7.09$7.43$5.05$2.38
2017Detailed filing. Detailed filing data is available for this year.$16.9$12.2$4.71$8.98$3.39$5.59
2016Summary only. Only limited summary data is available for this year.$6.49$7.37$0.88$6.94$10.7$3.71
2015Summary only. Only limited summary data is available for this year.$5.05$2.22$2.83$7.90$4.90$3.00
2014Summary only. Only limited summary data is available for this year.$2.12$2.30$0.17$4.33$3.76$0.57
2013Summary only. Only limited summary data is available for this year.$2.37$3.11$0.74$5.21$5.12$0.09
2012Summary only. Only limited summary data is available for this year.$1.18$2.01$0.83$3.94$5.25$1.30
2011Summary only. Only limited summary data is available for this year.$0.94$0.47$0.47$2.54$1.64$0.90
2010Summary only. Only limited summary data is available for this year.$1.10$1.53$0.43$2.43$1.77$0.66