Y2 Y Network
EIN: 821755423 · Cambridge, MA · NTEE: O51
| Metric | Value |
|---|---|
| Total Revenue | $853K |
| Total Expenses | $988K |
| Net Assets | $2.3M |
Is Y2 Y Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Y2 Y Network
Y2 Y Network (EIN: 821755423) is a nonprofit organization based in Cambridge, MA, classified under NTEE code O51. The organization reported total revenue of $853K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Y2 Y Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Y2 Y Network is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 37.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $988K |
| Surplus / Deficit | +$584K |
| Total Assets | $2.3M |
| Total Liabilities | $69K |
| Net Assets | $2.3M |
| Operating Margin | 37.1% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 28.2 months |
Financial Health Grade: A
In 2023, Y2 Y Network reported a surplus of $584K with revenue exceeding expenses, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Y2 Y Network's revenue has grown at a compound annual growth rate (CAGR) of 37.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | -15.3% | +37.4% |
| 2022 | -44.7% | -31.9% | +0.8% |
| 2021 | +40.1% | +48.9% | +19.1% |
| 2020 | +30.8% | +148.4% | +73.6% |
| 2019 | +261.7% | +90.7% | +666.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Y2 Y Network has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Y2 Y Network with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $584K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Frequently Asked Questions about Y2 Y Network
Is Y2 Y Network a legitimate charity?
Y2 Y Network (EIN: 821755423) is a registered tax-exempt nonprofit based in Massachusetts. It has 6 years of IRS 990 filings on record. Total revenue: $853K. No red flags identified. Financial health grade: A.
How does Y2 Y Network spend its money?
Y2 Y Network reported $853K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Y2 Y Network tax-deductible?
Y2 Y Network is registered as a tax-exempt nonprofit (EIN: 821755423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Y2 Y Network located?
Y2 Y Network is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 821755423. It is classified under NTEE code O51.
How many years of IRS 990 filings does Y2 Y Network have?
Y2 Y Network has 6 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 $853K in total revenue.
Filing History
IRS 990 filing history for Y2 Y Network showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Y2 Y Network's revenue has grown by 385.3%, moving from $324K to $1.6M. Total assets increased by 2095.1% over the same period, from $106K to $2.3M. Total functional expenses rose by 307.4%, from $243K to $988K. In its most recent filing year (2023), Y2 Y Network reported a surplus of $584K, with revenue exceeding expenses. The organization holds $69K in liabilities against $2.3M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $988K | $2.3M | $69K | — | — |
| 2022 | $1.2M | $1.2M | $1.7M | $64K | — | View 990 |
| 2021 | $2.1M | $1.7M | $1.7M | $71K | — | View 990 |
| 2020 | $1.5M | $1.1M | $1.4M | $236K | — | View 990 |
| 2019 | $1.2M | $463K | $812K | $21K | — | View 990 |
| 2018 | $324K | $243K | $106K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $988K, and assets of $2.3M (revenue +32.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue -44.7% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.7M, and assets of $1.7M (revenue +40.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $1.4M (revenue +30.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $463K, and assets of $812K (revenue +261.7% year-over-year).
- 2018: Revenue of $324K, expenses of $243K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Y2 Y Network:
Data Sources and Methodology
This transparency report for Y2 Y Network 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.