Two By Two Rescue
Two By Two Rescue faces recent operating deficits despite strong asset base and zero officer compensation.
EIN: 204219823 · Birmingham, AL · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $637K |
| Transparency Score | 80/100 |
Is Two By Two Rescue Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Two By Two Rescue directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Two By Two Rescue
Two By Two Rescue (EIN: 204219823) is a nonprofit organization based in Birmingham, AL, classified under NTEE code D20. The organization reported total revenue of $504K and total assets of $491K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Two By Two Rescue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Two By Two Rescue is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $753K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-259,731 |
| Total Assets | $672K |
| Total Liabilities | $35K |
| Net Assets | $637K |
| Operating Margin | -34.5% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 8.0 months |
Financial Health Grade: B
In 2024, Two By Two Rescue reported a deficit of $260K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Two By Two Rescue's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -8.4% | -10.7% | -26.2% |
| 2023 | -42.9% | +98.0% | -26.1% |
| 2022 | +229.0% | +39.4% | +254.7% |
| 2021 | +23.0% | +43.5% | +8.7% |
| 2020 | +23.2% | +4.3% | +29.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Two By Two Rescue with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Two By Two Rescue allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $260K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.2%.
Executive Compensation Analysis
Two By Two Rescue consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign for transparency and ensures that all funds are directed towards the organization's mission.
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 Two By Two Rescue's IRS 990 filings:
- Consistent operating deficits in recent years (2023 and 2024), where expenses exceeded revenue.
- Significant decrease in revenue from $1,439,878 in 2022 to $752,778 in 2024.
Strengths
The following positive indicators were identified for Two By Two Rescue:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication of funds to mission.
- Strong asset base ($672,110 in 2024) significantly exceeding liabilities ($35,047), demonstrating financial solvency.
- Historically strong revenue growth leading up to 2022, showing past fundraising capacity.
Frequently Asked Questions about Two By Two Rescue
Is Two By Two Rescue a legitimate charity?
Based on AI analysis of IRS 990 filings, Two By Two Rescue (EIN: 204219823) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Two By Two Rescue spend its money?
Two By Two Rescue directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Two By Two Rescue tax-deductible?
Two By Two Rescue is registered as a tax-exempt nonprofit (EIN: 204219823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Two By Two Rescue's spending goes to programs?
Two By Two Rescue directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Two By Two Rescue compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Two By Two Rescue is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Two By Two Rescue located?
Two By Two Rescue is headquartered in Birmingham, Alabama and files with the IRS under EIN 204219823. It is classified under NTEE code D20.
How many years of IRS 990 filings does Two By Two Rescue have?
Two By Two Rescue 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 $504K in total revenue.
Is Two By Two Rescue a good charity?
Two By Two Rescue demonstrates several characteristics of a good charity, including strong transparency with 0% officer compensation and a solid asset base. However, recent operating deficits in 2023 and 2024, where expenses exceeded revenue, suggest a need for improved financial management to ensure long-term sustainability.
How has Two By Two Rescue's financial health changed over time?
Two By Two Rescue experienced significant growth in revenue and assets up to 2022, with revenue peaking at $1,439,878. However, 2023 and 2024 show a reversal, with declining revenue and increasing expenses leading to operating deficits, indicating a recent downturn in financial performance.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly commendable, as it consistently reports 0% officer compensation in all IRS 990 filings. This means that no salaries are paid to its officers, maximizing the funds available for programmatic activities.
Filing History
IRS 990 filing history for Two By Two Rescue showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Two By Two Rescue's revenue has grown by 845.8%, moving from $80K to $753K. Total assets increased by 1000.6% over the same period, from $61K to $672K. Total functional expenses rose by 1346.7%, from $70K to $1.0M. In its most recent filing year (2024), Two By Two Rescue reported a deficit of $260K, with expenses exceeding revenue. The organization holds $35K in liabilities against $672K in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $637K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $753K | $1.0M | $672K | $35K | — | View 990 |
| 2023 | $822K | $1.1M | $911K | $14K | — | View 990 |
| 2022 | $1.4M | $573K | $1.2M | $24K | — | View 990 |
| 2021 | $438K | $411K | $348K | $5K | — | — |
| 2020 | $356K | $286K | $320K | $4K | — | View 990 |
| 2019 | $289K | $275K | $247K | $688 | — | View 990 |
| 2018 | $297K | $224K | $244K | $12K | — | View 990 |
| 2017 | $261K | $179K | $159K | $0 | — | View 990 |
| 2016 | $187K | $169K | $80K | $95 | — | View 990 |
| 2015 | $157K | $149K | $63K | $2K | — | View 990 |
| 2014 | $116K | $102K | $54K | $1K | — | View 990 |
| 2013 | $86K | $107K | $40K | $852 | — | View 990 |
| 2012 | $80K | $70K | $61K | $850 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $753K, expenses of $1.0M, and assets of $672K (revenue -8.4% year-over-year).
- 2023: Revenue of $822K, expenses of $1.1M, and assets of $911K (revenue -42.9% year-over-year).
- 2022: Revenue of $1.4M, expenses of $573K, and assets of $1.2M (revenue +229.0% year-over-year).
- 2021: Revenue of $438K, expenses of $411K, and assets of $348K (revenue +23.0% year-over-year).
- 2020: Revenue of $356K, expenses of $286K, and assets of $320K (revenue +23.2% year-over-year).
- 2019: Revenue of $289K, expenses of $275K, and assets of $247K (revenue -2.7% year-over-year).
- 2018: Revenue of $297K, expenses of $224K, and assets of $244K (revenue +13.5% year-over-year).
- 2017: Revenue of $261K, expenses of $179K, and assets of $159K (revenue +39.7% year-over-year).
- 2016: Revenue of $187K, expenses of $169K, and assets of $80K (revenue +19.0% year-over-year).
- 2015: Revenue of $157K, expenses of $149K, and assets of $63K (revenue +35.4% year-over-year).
- 2014: Revenue of $116K, expenses of $102K, and assets of $54K (revenue +35.0% year-over-year).
- 2013: Revenue of $86K, expenses of $107K, and assets of $40K (revenue +8.1% year-over-year).
- 2012: Revenue of $80K, expenses of $70K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Two By Two Rescue:
Data Sources and Methodology
This transparency report for Two By Two Rescue 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.