Two Together Inc in Albany, New York (NY)
Table of contents:
| Two Together Inc | |
| Employer Identification Number (EIN) | 161524927 |
| Name of Organization | Two Together Inc |
| In Care of Name | Laura Chodos President |
| Address | PO BOX 1397, Albany, NY 12201-1397 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Literary activities, Other school related activities |
| Subsection | Charitable Organization |
| Ruling Date | 03/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 08/2014 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $5,874 |
| Amount of Income | $25,613 |
| Form 990 Revenue Amount | $25,287 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Remedial Reading, Reading Encouragement |
Non-representatives - add comments:
Amount of income in 2014: $25,613 (it was $32,424 in 2013)
| Two Together Inc: | $25,613 |
| Other organizations performing similar types of work: | $181,065 |
Assets in 2014: $5,874 (it was $7,032 in 2013)
| This organization: | $5,874 |
| Other organizations performing similar types of work: | $157,810 |
Expenses in 2014: $26,387
| Two Together Inc: | $26,387 |
| Other organizations performing similar types of work: | $186,227 |
Income to expenses ratio in 2014: 1.0
| Two Together Inc: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2014: 93.6%
| This organization: | 93.6% |
| Other organizations performing similar types of work: | 84.3% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total revenue | $48,843 | $31,971 | $32,424 | $25,287 |
| Contributions, gifts, grants, and similar amounts received | $46,302 | $30,091 | $30,350 | $23,663 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 | $0 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $2,532 | $1,876 | $2,074 | $1,624 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $3,620 | $2,978 | $3,012 | $1,950 |
| Less: direct expenses from gaming and fundraising events | $1,088 | $1,102 | $938 | $326 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
| Other revenue | $9 | $4 | $0 | $0 |
| Total expenses | $42,061 | $47,392 | $30,111 | $26,387 |
| Total net assets | $20,061 | $4,640 | $6,953 | $5,853 |
| Excess/Deficit for the year | $6,782 | $-15,421 | $2,313 | $-1,100 |
| Net assets or fund balances at beginning of year | $13,279 | $20,061 | $4,640 | $6,953 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $4,640 | $6,953 | $5,853 | |
| Balance Sheets | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Total assets | $20,174 | $4,746 | $7,032 | $5,874 |
| Total liabilities | $113 | $106 | $79 | $21 |
| Net assets or fund balances | $20,061 | $4,640 | $6,953 | $5,853 |
| Other Information | ||||
| 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2014) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $190,059 |
| Subtotal | $190,059 |
| Gifts, grants, contributions, and membership fees received | $176,499 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $13,560 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $190,079 |
| Public support | $190,059 |
| Subtotal | $20 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $20 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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