2 Nd Act Org Inc
2 Nd Act Org Inc: Financial Volatility and Limited Transparency
EIN: 222950758 · Boston, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $286K |
| Total Expenses | $474K |
| Program Spending | 70% |
| Net Assets | $66K |
| Transparency Score | 45/100 |
Is 2 Nd Act Org Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
2 Nd Act Org Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About 2 Nd Act Org Inc
2 Nd Act Org Inc (EIN: 222950758) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $286K and total assets of $57K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 2 Nd Act Org Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
2 Nd Act Org Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $413K |
| Total Expenses | $474K |
| Surplus / Deficit | $-60,347 |
| Total Assets | $291K |
| Total Liabilities | $225K |
| Net Assets | $66K |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 77.3% |
| Months of Reserves | 7.4 months |
Financial Health Grade: C
In 2023, 2 Nd Act Org Inc reported a deficit of $60K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 77.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), 2 Nd Act Org Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.5% | +36.6% | -18.4% |
| 2022 | -1.3% | +12.9% | -12.4% |
| 2021 | -25.0% | +9.8% | -13.4% |
| 2020 | +2.6% | -2.0% | +125.8% |
| 2019 | +87.0% | +29.3% | +36.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 2 Nd Act Org Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, 2 Nd Act Org Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.3%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 2 Nd Act Org Inc's IRS 990 filings:
- Significant fluctuations in revenue and expenses over the past several years, indicating potential instability.
- Net assets have shown a declining trend from $470,186 in 2020 to $291,108 in 2023.
- Lack of clear information on program activities and impact makes it difficult to assess effectiveness.
Strengths
The following positive indicators were identified for 2 Nd Act Org Inc:
- Consistent revenue generation over the past several years, despite fluctuations.
- Maintains a positive net asset balance, indicating some financial reserves.
Frequently Asked Questions about 2 Nd Act Org Inc
Is 2 Nd Act Org Inc a legitimate charity?
2 Nd Act Org Inc (EIN: 222950758) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $286K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does 2 Nd Act Org Inc spend its money?
2 Nd Act Org Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to 2 Nd Act Org Inc tax-deductible?
2 Nd Act Org Inc is registered as a tax-exempt nonprofit (EIN: 222950758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 2 Nd Act Org Inc's spending goes to programs?
2 Nd Act Org Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is 2 Nd Act Org Inc located?
2 Nd Act Org Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 222950758.
How many years of IRS 990 filings does 2 Nd Act Org Inc have?
2 Nd Act Org Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $286K in total revenue.
What does 2 Nd Act Org Inc do?
2 Nd Act Org Inc is a nonprofit organization in the Unknown sector, located in Boston, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does 2 Nd Act Org Inc have?
2 Nd Act Org Inc reported total revenue of $286,089. Based on 13 IRS 990 filings on record.
What are 2 Nd Act Org Inc's total assets?
2 Nd Act Org Inc holds total assets of $56,833 as reported in IRS 990 filings.
Where is 2 Nd Act Org Inc located?
2 Nd Act Org Inc is based in Boston, Massachusetts.
What is 2 Nd Act Org Inc's EIN?
2 Nd Act Org Inc's Employer Identification Number (EIN) is 222950758. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is 2 Nd Act Org Inc?
2 Nd Act Org Inc is classified under NTEE code Unknown (Unknown).
Is 2 Nd Act Org Inc a registered 501(c)(3)?
2 Nd Act Org Inc appears in IRS records (EIN: 222950758). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does 2 Nd Act Org Inc file IRS Form 990?
Yes, 2 Nd Act Org Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was 2 Nd Act Org Inc's revenue in 2023?
In the 202306 filing period, 2 Nd Act Org Inc reported total revenue of $413,267, total expenses of $473,614, and net assets of $291,108.
Is 2 Nd Act Org Inc's revenue growing or declining?
2 Nd Act Org Inc's revenue is growing. Revenue went from $260,688 (202206) to $413,267 (202306), a +58.5% change. Based on 13 filings on record.
What is 2 Nd Act Org Inc's most recent 990 filing?
The most recent IRS Form 990 filing for 2 Nd Act Org Inc covers tax period 202306. It shows revenue of $413,267, expenses of $473,614, total assets of $291,108, and liabilities of $224,988.
How much does 2 Nd Act Org Inc spend on programs vs administration?
Based on IRS 990 analysis, 2 Nd Act Org Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is 2 Nd Act Org Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, 2 Nd Act Org Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for 2 Nd Act Org Inc?
The following concerns were identified: Significant fluctuations in revenue and expenses over the past several years, indicating potential instability.. Net assets have shown a declining trend from $470,186 in 2020 to $291,108 in 2023.. Lack of clear information on program activities and impact makes it difficult to assess effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are 2 Nd Act Org Inc's strengths?
Positive indicators for 2 Nd Act Org Inc include: Consistent revenue generation over the past several years, despite fluctuations.. Maintains a positive net asset balance, indicating some financial reserves.. These findings are derived from AI analysis of the organization's financial filings.
How does 2 Nd Act Org Inc compensate executives?
Executive compensation information is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contribute to the significant year-over-year changes in revenue and expenses, and how does the organization manage these fluctuations?
The provided data shows revenue ranging from $124,904 to $351,865 and expenses from $167,083 to $473,614. Without further context on funding sources or program changes, it's unclear what drives this volatility or the strategies employed to mitigate its impact.
Given the decline in net assets from $470,186 in 2020 to $291,108 in 2023, what is the organization's strategy to rebuild its financial reserves?
The consistent decrease in net assets over the last four years suggests the organization is spending more than it's bringing in or experiencing asset depreciation. A clear strategy for increasing revenue or controlling expenses would be crucial for long-term financial health.
Filing History
IRS 990 filing history for 2 Nd Act Org Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 2 Nd Act Org Inc's revenue has grown by 316.5%, moving from $99K to $413K. Total assets increased by 622.9% over the same period, from $40K to $291K. Total functional expenses rose by 539.9%, from $74K to $474K. In its most recent filing year (2023), 2 Nd Act Org Inc reported a deficit of $60K, with expenses exceeding revenue. The organization holds $225K in liabilities against $291K in assets (debt-to-asset ratio: 77.3%), resulting in net assets of $66K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $413K | $474K | $291K | $225K | — | — |
| 2022 | $261K | $347K | $357K | $219K | — | View 990 |
| 2021 | $264K | $307K | $407K | $183K | — | View 990 |
| 2020 | $352K | $279K | $470K | $192K | — | View 990 |
| 2019 | $343K | $285K | $208K | $9K | — | View 990 |
| 2018 | $183K | $221K | $153K | $3K | — | View 990 |
| 2017 | $131K | $167K | $191K | $4K | — | View 990 |
| 2016 | $125K | $202K | $232K | $0 | — | View 990 |
| 2015 | $233K | $185K | $332K | $9K | — | View 990 |
| 2014 | $142K | $160K | $292K | $4K | — | View 990 |
| 2013 | $123K | $150K | $287K | $4K | — | View 990 |
| 2012 | $368K | $98K | $314K | $5K | — | View 990 |
| 2011 | $99K | $74K | $40K | $956 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $413K, expenses of $474K, and assets of $291K (revenue +58.5% year-over-year).
- 2022: Revenue of $261K, expenses of $347K, and assets of $357K (revenue -1.3% year-over-year).
- 2021: Revenue of $264K, expenses of $307K, and assets of $407K (revenue -25.0% year-over-year).
- 2020: Revenue of $352K, expenses of $279K, and assets of $470K (revenue +2.6% year-over-year).
- 2019: Revenue of $343K, expenses of $285K, and assets of $208K (revenue +87.0% year-over-year).
- 2018: Revenue of $183K, expenses of $221K, and assets of $153K (revenue +40.4% year-over-year).
- 2017: Revenue of $131K, expenses of $167K, and assets of $191K (revenue +4.6% year-over-year).
- 2016: Revenue of $125K, expenses of $202K, and assets of $232K (revenue -46.5% year-over-year).
- 2015: Revenue of $233K, expenses of $185K, and assets of $332K (revenue +64.5% year-over-year).
- 2014: Revenue of $142K, expenses of $160K, and assets of $292K (revenue +14.9% year-over-year).
- 2013: Revenue of $123K, expenses of $150K, and assets of $287K (revenue -66.5% year-over-year).
- 2012: Revenue of $368K, expenses of $98K, and assets of $314K (revenue +271.1% year-over-year).
- 2011: Revenue of $99K, expenses of $74K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 2 Nd Act Org Inc:
Data Sources and Methodology
This transparency report for 2 Nd Act Org Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.