Two Seven Oh Inc
Two Seven Oh Inc. consistently operates at a deficit, drawing down significant assets over the past decade.
EIN: 205576623 · New Hudson, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $954K |
| Program Spending | 75% |
| Net Assets | $13.9M |
| Transparency Score | 45/100 |
Is Two Seven Oh Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Two Seven Oh Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Two Seven Oh Inc
Two Seven Oh Inc (EIN: 205576623) is a nonprofit organization based in New Hudson, MI, classified under NTEE code T20. The organization reported total revenue of $3.2M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Two Seven Oh Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Two Seven Oh Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $526K |
| Total Expenses | $954K |
| Surplus / Deficit | $-428,166 |
| Total Assets | $13.9M |
| Total Liabilities | $1 |
| Net Assets | $13.9M |
| Operating Margin | -81.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 174.6 months |
Financial Health Grade: B
In 2023, Two Seven Oh Inc reported a deficit of $428K with expenses exceeding revenue, holds 174.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Two Seven Oh Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +149.7% | +1.6% | -2.7% |
| 2022 | -83.1% | +33.1% | -4.9% |
| 2021 | +113.3% | -0.6% | +3.6% |
| 2020 | +299.5% | +51.0% | -0.8% |
| 2019 | -73.6% | -25.2% | -8.9% |
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 Seven Oh 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: 75%
- fundraising: 10%
According to IRS 990 filings, Two Seven Oh Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $428K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary, which is a strong positive for resource allocation.
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 Seven Oh Inc's IRS 990 filings:
- Consistent operational deficits: Expenses exceeded revenue in 8 out of 10 reported years, including a $428,166 deficit in 2023.
- Declining asset base: Assets have decreased from $17,105,706 in 2011 to $13,879,849 in 2023, indicating reliance on reserves to cover deficits.
- Unusual liability reporting: Liabilities consistently reported as $1 in recent years (2020-2023) which is highly atypical for an organization of this size and activity.
Strengths
The following positive indicators were identified for Two Seven Oh Inc:
- No executive compensation: Officer compensation is reported as 0% across all filings, indicating efficient use of funds at the leadership level.
- Substantial asset base: Despite declines, the organization still holds significant assets ($13,879,849 in 2023) which provide a buffer, at least for now.
Frequently Asked Questions about Two Seven Oh Inc
Is Two Seven Oh Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Two Seven Oh Inc (EIN: 205576623) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Two Seven Oh Inc spend its money?
Two Seven Oh Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Two Seven Oh Inc tax-deductible?
Two Seven Oh Inc is registered as a tax-exempt nonprofit (EIN: 205576623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Two Seven Oh Inc's spending goes to programs?
Two Seven Oh Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Two Seven Oh Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Two Seven Oh Inc is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Two Seven Oh Inc located?
Two Seven Oh Inc is headquartered in New Hudson, Michigan and files with the IRS under EIN 205576623. It is classified under NTEE code T20.
How many years of IRS 990 filings does Two Seven Oh Inc have?
Two Seven Oh Inc has 10 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 $3.2M in total revenue.
Is Two Seven Oh Inc. financially sustainable given its consistent operational deficits?
The organization has consistently spent more than it earned in 8 out of 10 reported years. For example, in 2023, expenses were $954,065 against revenues of $525,899. This trend suggests a reliance on drawing down assets, which have decreased from $17,105,706 in 2011 to $13,879,849 in 2023, raising concerns about long-term sustainability.
What is the nature of the organization's liabilities, consistently reported as $1 in recent years?
The consistent reporting of $1 in liabilities from 2020 to 2023 is highly unusual for an organization with significant assets and expenses. This figure may not accurately reflect all financial obligations and could indicate a lack of transparency or an incomplete financial picture.
How does Two Seven Oh Inc. fund its operations given the revenue shortfalls?
With expenses frequently exceeding revenue (e.g., $954,065 expenses vs. $525,899 revenue in 2023), the organization appears to be funding its operations by utilizing its substantial asset base, which has seen a decline of over $3 million since 2011.
Filing History
IRS 990 filing history for Two Seven Oh Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Two Seven Oh Inc's revenue has declined by 22.5%, moving from $678K to $526K. Total assets decreased by 18.9% over the same period, from $17.1M to $13.9M. Total functional expenses fell by 22.4%, from $1.2M to $954K. In its most recent filing year (2023), Two Seven Oh Inc reported a deficit of $428K, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $526K | $954K | $13.9M | $1 | — | View 990 |
| 2022 | $211K | $939K | $14.3M | $1 | — | View 990 |
| 2021 | $1.2M | $705K | $15.0M | $1 | — | View 990 |
| 2020 | $584K | $709K | $14.5M | $1 | — | — |
| 2019 | $146K | $470K | $14.6M | $519 | — | — |
| 2015 | $555K | $628K | $16.0M | $16K | — | View 990 |
| 2014 | $604K | $1.1M | $16.1M | $53K | — | View 990 |
| 2013 | $831K | $987K | $16.5M | $16K | — | View 990 |
| 2012 | $620K | $940K | $16.7M | $459 | — | View 990 |
| 2011 | $678K | $1.2M | $17.1M | $399 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $526K, expenses of $954K, and assets of $13.9M (revenue +149.7% year-over-year).
- 2022: Revenue of $211K, expenses of $939K, and assets of $14.3M (revenue -83.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $705K, and assets of $15.0M (revenue +113.3% year-over-year).
- 2020: Revenue of $584K, expenses of $709K, and assets of $14.5M (revenue +299.5% year-over-year).
- 2019: Revenue of $146K, expenses of $470K, and assets of $14.6M (revenue -73.6% year-over-year).
- 2015: Revenue of $555K, expenses of $628K, and assets of $16.0M (revenue -8.2% year-over-year).
- 2014: Revenue of $604K, expenses of $1.1M, and assets of $16.1M (revenue -27.3% year-over-year).
- 2013: Revenue of $831K, expenses of $987K, and assets of $16.5M (revenue +34.0% year-over-year).
- 2012: Revenue of $620K, expenses of $940K, and assets of $16.7M (revenue -8.6% year-over-year).
- 2011: Revenue of $678K, expenses of $1.2M, and assets of $17.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Two Seven Oh Inc:
Data Sources and Methodology
This transparency report for Two Seven Oh 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.