N2 N Unlimited
N2 N Unlimited shows consistent asset growth and no liabilities, with 0% officer compensation.
EIN: 208154206 · Monroe, WA · NTEE: Q33 · Updated: 2026-03-28
Is N2 N Unlimited Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
N2 N Unlimited directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About N2 N Unlimited
N2 N Unlimited (EIN: 208154206) is a nonprofit organization based in Monroe, WA, classified under NTEE code Q33. The organization reported total revenue of $438K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of N2 N Unlimited's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates N2 N Unlimited with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, N2 N Unlimited allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size with revenue reaching over $500,000.
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 N2 N Unlimited's IRS 990 filings:
- Significant revenue fluctuation year-over-year (e.g., $522,371 in 2022 to $364,086 in 2023) could indicate reliance on inconsistent funding sources.
Strengths
The following positive indicators were identified for N2 N Unlimited:
- Consistent 0% officer compensation across all filings.
- Zero liabilities reported in all available filings, indicating strong financial management.
- Significant asset growth from $11,879 in 2014 to $315,547 in 2023.
- Expenses closely track revenue, suggesting efficient use of funds for current operations (e.g., $360,260 expenses vs. $364,086 revenue in 2023).
Frequently Asked Questions about N2 N Unlimited
Is N2 N Unlimited a legitimate charity?
Based on AI analysis of IRS 990 filings, N2 N Unlimited (EIN: 208154206) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does N2 N Unlimited spend its money?
N2 N Unlimited directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to N2 N Unlimited tax-deductible?
N2 N Unlimited is registered as a tax-exempt nonprofit (EIN: 208154206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is N2 N Unlimited a good charity?
Based on the financial data, N2 N Unlimited appears to be a very good charity. They consistently report 0% officer compensation, have no liabilities, and have shown significant asset growth from $11,879 in 2014 to $315,547 in 2023, indicating strong financial health and a commitment to their mission.
How has N2 N Unlimited's financial health changed over time?
N2 N Unlimited's financial health has significantly improved over time. Assets have grown substantially from $11,879 in 2014 to $315,547 in 2023, and the organization has consistently maintained zero liabilities, demonstrating increasing stability and capacity.
What is N2 N Unlimited's approach to executive compensation?
N2 N Unlimited's approach to executive compensation is highly unusual and commendable, as they consistently report 0% officer compensation across all 11 filings. This means no salaries are paid to officers, directing more funds towards their programs.
Filing History
IRS 990 filing history for N2 N Unlimited showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), N2 N Unlimited's revenue has grown by 9761.5%, moving from $4K to $364K. Total assets increased by 3428.4% over the same period, from $9K to $316K. Total functional expenses rose by 9149.3%, from $4K to $360K. In its most recent filing year (2023), N2 N Unlimited reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $364K | $360K | $316K | $0 | — | — |
| 2022 | $522K | $321K | $312K | $0 | — | View 990 |
| 2021 | $307K | $267K | $110K | $0 | — | View 990 |
| 2020 | $277K | $236K | $70K | $0 | — | View 990 |
| 2019 | $258K | $273K | $30K | $0 | — | View 990 |
| 2018 | $237K | $290K | $46K | $0 | — | View 990 |
| 2017 | $291K | $288K | $99K | $0 | — | View 990 |
| 2016 | $357K | $276K | $96K | $0 | — | View 990 |
| 2015 | $223K | $209K | $14K | $0 | — | View 990 |
| 2014 | $105K | $103K | $12K | $0 | — | View 990 |
| 2013 | $4K | $4K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364K, expenses of $360K, and assets of $316K (revenue -30.3% year-over-year).
- 2022: Revenue of $522K, expenses of $321K, and assets of $312K (revenue +70.0% year-over-year).
- 2021: Revenue of $307K, expenses of $267K, and assets of $110K (revenue +11.1% year-over-year).
- 2020: Revenue of $277K, expenses of $236K, and assets of $70K (revenue +7.3% year-over-year).
- 2019: Revenue of $258K, expenses of $273K, and assets of $30K (revenue +8.9% year-over-year).
- 2018: Revenue of $237K, expenses of $290K, and assets of $46K (revenue -18.6% year-over-year).
- 2017: Revenue of $291K, expenses of $288K, and assets of $99K (revenue -18.5% year-over-year).
- 2016: Revenue of $357K, expenses of $276K, and assets of $96K (revenue +60.1% year-over-year).
- 2015: Revenue of $223K, expenses of $209K, and assets of $14K (revenue +111.4% year-over-year).
- 2014: Revenue of $105K, expenses of $103K, and assets of $12K (revenue +2757.5% year-over-year).
- 2013: Revenue of $4K, expenses of $4K, and assets of $9K.
Data Sources and Methodology
This transparency report for N2 N Unlimited 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.