2-x1 Charities Inc is a 501(c)(3) organization based in Carrollton, Texas, registered in 2006, with $12,415 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$12K
▼ 65.5% vs prior year
Education median: $200K
Expenses (FY2023)
$24K
Net assets
$152K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 2-x1 Charities Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 2-x1 Charities Inc: 76 mo reserves · -94% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 2-x1 Charities Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 2-x1 Charities Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $77K (FY2013) to $12K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-93.8%
Spent more than it raised in the latest fiscal year.
Total assets
$159K
Total liabilities
$7,137
Net assets
$152K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,415▼65.5% | $24,066▼41.9% | $151,706▼23.9% | $158,843▼24.0% | 990EZ |
| 2019 | $35,968▼22.3% | $41,414▼46.6% | $199,411▼2.7% | $208,911▼2.5% | 990 |
| 2018 | $46,265▼35.8% | $77,611▼17.1% | $204,857▼13.3% | $214,360▼13.8% | 990 |
| 2017 | $72,050▼55.1% | $93,587▲38.1% | $236,203▼8.4% | $248,556▼7.7% | 990 |
| 2016 | $160,628▲14.5% | $67,761▼34.7% | $257,740▲56.3% | $269,293▲55.6% | 990 |
| 2015 | $140,285▲36.8% | $103,729▲33.7% | $164,873▲28.5% | $173,072▲24.4% | 990 |
| 2014 | $102,550▲33.1% | $77,612▲39.0% | $128,317▲24.1% | $139,113▲25.8% | 990 |
| 2013 | $77,021 | $55,854▼16.7% | $103,379▲25.7% | $110,559▲32.5% | 990 |
| 2012 | — | $67,086▲18.7% | $82,212▲3.7% | $83,462▲5.3% | 990 |
| 2011 | — | $56,508 | $79,279 | $79,279 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for 2-x1 Charities Inc (EIN 86-1150970) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.