Phase Two Cebu

990PF • Fiscal year 2024 • EIN 84-1797339

Jan 01, 2024 to Dec 31, 2024 • Filed on May 07, 2025

Organization Profile

441 2nd Avenue SWCambridge, MN 55008

(763) 689-1752

Siviq Scores

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

0.00x

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

2024 filings • <$500k nonprofits • Source year 2024

0.00x

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

2024 filings • <$500k nonprofits • Source year 2024

9.5%

Higher net margin than 62% of similar nonprofits.

2024 filings • <$500k nonprofits • Source year 2024

$36,050

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2024 filings • <$500k nonprofits • Source year 2024

14%

Faster asset growth than 71% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

21%

Faster revenue growth than 69% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets61st percentile

Assets

$139,191

Up $16,615 (+14%) from 2023

Net Assets

$139,191

No earlier filing loaded for comparison.

Liabilities

Down

Down $1 (-100%) from 2023

Revenue And Expenses

Liabilities / Revenue62nd percentile Net Margin62nd percentile

Revenue

$175,691

Up $30,129 (+21%) from 2023

Expenses

Down

$159,076

Down $44,671 (-22%) from 2023

Net Income

$16,615

Up $74,800 (+129%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

Highlighted filing

2024

Assets$139,191

Liabilities$0

Net Assets$139,191

Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

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

Highlighted filing

2024

Revenue$175,691

Expenses$159,076

Net Income$16,615

Open 2024 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2024 to Dec 31, 2024
Signed: May 7, 2025
Return Version: 2024v5.1

Compensation and Service Providers

Top Officer Pay91st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Joel Reasoner	Executive Director	FT	$36,050	-	$36,050
Paul H Reasoner	President	PT	$0	-	-
Shari Reasoner	Vice President	PT	$0	-	-
Ruth Lunde	Treasurer	PT	$0	-	-
Michelle Turner	Secretary	PT	$0	-	-
Roger D Madison	Chairman	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Phase Two Cebu
EIN: 84-1797339
In Care Of: % Paul H Reasoner
Phone: 7636891752
Address: 441 2nd Avenue SW, Cambridge, MN 55008

Signing Officer

Name: Paul H Reasoner
Title: President
Phone: 7636891752
Signed: 2025-05-07
Discuss with paid preparer: No

Preparer

Firm: Grannis & Hauge PA
Address: 3459 Washington Dr Suite 206, Saint Paul, MN 55122
Preparer: Ward R Anderson
Phone: 6514569000

Raw XML Appendix374 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
AccountingFeesSchedule/AccountingFeesDetail/AdjustedNetIncomeAmt	0	0
AccountingFeesSchedule/AccountingFeesDetail/Amt	0	2300
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt	0	ACCOUNTING - PTC
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt	0	800
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt	0	1500
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	Joel Reasoner
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt	0	Director of Phase Two Cebu
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/BusinessCd	0	523000
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/UnrelatedBusinessTaxblIncmAmt	0	43
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt	0	43
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt	0	43
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt	0	800
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt	0	1500
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt	0	2300
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt	0	36050
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt	0	36050
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt	0	80000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt	0	80000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt	0	175576
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt	0	16615
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt	0	43
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt	0	43
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt	0	120
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesNetInvstIncmAmt	0	120
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt	0	240
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt	0	0
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt	0	25750
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt	0	25750
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt	0	72
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt	0	1050
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt	0	1050
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt	0	157138
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt	0	1620
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt	0	159076
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt	0	43
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt	0	175691
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt	0	77138
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt	0	1620
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt	0	79076
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt	0	13368
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt	0	13686
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt	0	16615
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt	0	139191
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt	0	122576
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt	0	139191
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt	0	7249
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt	0	7249
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt	0	7249
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt	0	7249
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt	0	0
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt	0	0
IRS990PF/FMVAssetsEOYAmt	0	139191
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblAmt	0	1085
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYAmt	0	1085
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYFMVAmt	0	1085
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt	0	254
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt	0	118911
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt	0	118911
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind	0	X
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt	0	122576
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt	0	139191
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt	0	122322
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt	0	19195
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt	0	19195
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt	0	122576
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt	0	139191
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt	0	139191
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt	0	0
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt	0	122576
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt	0	139191
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt	0	122576
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt	0	139191
IRS990PF/MethodOfAccountingCashInd	0	X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt	0	147179
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt	0	2208
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt	0	147179
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt	0	7249
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt	0	144971
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt	0	0
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt	0	147179
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt	0	NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	0	15.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	1	15.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	2	5.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	3	5.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	4	5.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt	5	40.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	3	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	4	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt	5	36050
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt	5	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt	5	0
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	0	Paul H Reasoner
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	1	Shari Reasoner
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	2	Ruth Lunde
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	3	Michelle Turner
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	4	Roger D Madison
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm	5	Joel Reasoner
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	0	President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	1	Vice President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	2	Treasurer
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	3	Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	4	Chairman
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt	5	Executive Director
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	0	441 2nd Avenue SW
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	1	441 2nd Avenue SW
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	2	6721 Hopi Road
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	3	2519 11th Avenue South
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	4	158 Wildwood Avenue
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt	5	441 2nd Avenue SW
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	0	Cambridge
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	1	Cambridge
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	2	Chanhassen
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	3	Minneapolis
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	4	Saint Paul
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm	5	Cambridge
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	0	MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	1	MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	2	MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	3	MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	4	MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd	5	MN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	0	55008
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	1	55008
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	2	55317
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	3	55404
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	4	55110
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd	5	55008
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt	0	0
IRS990PF/Organization501c3ExemptPFInd	0	X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt	0	157138
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt	0	157138
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd	0	false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd	0	false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd	0	false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd	0	true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd	0	false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd	0	true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd	0	false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd	0	true
IRS990PF/StatementsRegardingActyGrp/ForeignCountryCd	0	RP
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd	0	false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd	0	true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm	0	Paul H Reasoner
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd	0	false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt	0	441 2nd Avenue SW
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm	0	Cambridge
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd	0	MN
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd	0	55008
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd	0	false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd	0	true
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd	0	false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd	0	MN
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd	0	false
IRS990PF/StatementsRegardingActyGrp/PhoneNum	0	7636891752
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd	0	false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd	0	false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd	0	false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt	0	NOT APPLICABLE
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt	0	Expenses to Phase Two Cebu Group Inc Philippines for assistance in Construction of Low Cost Housing & funding of educational scholarships for needy students
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt	0	80000
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt	0	0
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt	0	80000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt	0	Assist in Construction of low Cost Housing
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine1Txt	0	206 Grove Building Guadalupe
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CityNm	0	Cebu City
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CountryCd	0	RP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/ForeignPostalCd	0	6000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/ProvinceOrStateNm	0	Cebu
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	0	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm	0	Phase Two Debu Group Inc
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt	0	0
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	80000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	7249
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	7249
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	149889
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt	0	149889
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	157138
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	149889
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	149889
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	0
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt	0	BikeBuildHome 500 co Cmmnty Gvng
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	1
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	1	2
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	2	3
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	3	4
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	4	5
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	5	6
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	6	7
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	7	8
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	8	9
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	0	Mark and Lea Pound
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	1	Timothy and Barbara Holmberg
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	2	Paul and Sharon Reasoner
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	3	David and Janie Pearson
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	4	Max and Zoe Werner
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	5	Dolores Sahlin
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	6	Roger and Donna Madison
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm	7	Timothy and Barbara Glader
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	0	101 7th Avenue South Suite 100
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	1	2855 Holly Street South
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	2	3310 Ten Oaks Street South
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	3	441 2nd Ave SW
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	4	12850 Stutz Court NE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	5	235 Carroll Street NW APT 417
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	6	5800 St Croix Avenue APT 112
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	7	158 Wildwood Ave
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt	8	1269 Mound Trail
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	0	Saint Cloud
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	1	Cambridge
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	2	Cambridge
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	3	Cambridge
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	4	Minneapolis
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	5	Washington
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	6	Minneapolis
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	7	Saint Paul
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm	8	Hugo
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	0	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	1	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	2	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	3	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	4	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	5	DC
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	6	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	7	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd	8	MN
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	0	56301
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	1	55008
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	2	55008
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	3	55008
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	4	55449
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	5	20012
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	6	55422
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	7	55110
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd	8	55038
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	0	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	1	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	2	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	3	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	4	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	5	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	6	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	7	X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd	8	X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	10583
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	1	7000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	2	10500
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	3	12000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	4	45500
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	5	5000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	6	11700
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	7	5000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	8	30000
IRS990ScheduleB/GeneralRuleInd	0	X
IRS990ScheduleB/Organization501c3ExemptPFInd	0	X
LegalFeesSchedule/LegalFeesGrp/AdjustedNetIncomeAmt	0	0
LegalFeesSchedule/LegalFeesGrp/CategoryTxt	0	LEGAL FEES - PTC
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt	0	120
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt	0	240
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt	0	120
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	0	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	1	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	2	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	3	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	4	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt	5	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	INSURANCE - PTC
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	OFFICE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	PAYROLL EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	BOOK SHIPMENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	4	LIBRARY SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	5	FUNDRAISING
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	2375
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	5065
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	3766
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	7015
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	4	4739
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	5	2790
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	2	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	3	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	4	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	5	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	2375
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	5065
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	3766
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	7015
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	4	4739
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	5	2790
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt	0	0
OtherIncomeSchedule2/OtherIncomeDetail/Desc	0	Misc other income
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt	0	0
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt	0	72
ReturnHeader/BuildTS	0	2025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PAUL H REASONER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7636891752
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Phase Two Cebu
ReturnHeader/Filer/BusinessNameControlTxt	0	PHAS
ReturnHeader/Filer/EIN	0	841797339
ReturnHeader/Filer/InCareOfNm	0	% Paul H Reasoner
ReturnHeader/Filer/PhoneNum	0	7636891752
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	441 2nd Avenue SW
ReturnHeader/Filer/USAddress/CityNm	0	Cambridge
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MN
ReturnHeader/Filer/USAddress/ZIPCd	0	55008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	411227361
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Grannis & Hauge PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	3459 Washington Dr Suite 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Saint Paul
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	55122
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6514569000
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	WARD R ANDERSON
ReturnHeader/ReturnTs	0	2025-05-14T11:09:29-04:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/TaxPeriodBeginDt	0	2024-01-01
ReturnHeader/TaxPeriodEndDt	0	2024-12-31
ReturnHeader/TaxYr	0	2024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $139,191
Liabilities: $0
Net assets: $139,191
Revenue: $175,691
Expenses: $159,076
Net income: $16,615

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.39	$0.00	$1.39	$1.76	$1.59	$0.17
2023Summary only. Only limited summary data is available for this year.	$1.23	$0.00		$1.46	$2.04	$0.58
2022Detailed filing. Detailed filing data is available for this year.	$1.81	$0.00	$1.81	$1.27	$1.25	$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.79	$0.00	$1.79	$1.58	$0.87	$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.08	$0.00	$1.08	$0.73	$0.25	$0.48
2019Summary only. Only limited summary data is available for this year.	$0.60	$0.00		$0.75	$0.14	$0.60