Cathedral Towers 2 Inc is a 501(c)(3) organization based in Jacksonville, Florida, registered in 2016, with $10 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$10
▼ 9.1% vs prior year
Housing median: $408K
Expenses (FY2023)
$70
Net assets
$2,232
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 Cathedral Towers 2 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 Cathedral Towers 2 Inc: 383 mo reserves · -600% 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 Cathedral Towers 2 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 Cathedral Towers 2 Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $11 (FY2022) to $10 (FY2023) across 2 reported years.
Financial snapshot
Operating margin
-600.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2,232
Total liabilities
$0
Net assets
$2,232
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $10▼9.1% | $70▼89.1% | $2,232▲72.8% | $2,232▲72.8% | 990EZ |
| 2022 | $11 | $645▲821% | $1,292▼32.9% | $1,292▼39.6% | 990EZ |
| 2021 | — | $70▼96.1% | $1,926▲288% | $2,140▲331% | 990EZ |
| 2020 | — | $1,795▲178% | $496▼61.6% | $496▼61.6% | 990EZ |
| 2019 | — | $645▼7.9% | $1,291▼33.3% | $1,291▼33.3% | 990EZ |
| 2018 | — | $700▲92.3% | $1,936▲18.3% | $1,936▲18.3% | 990EZ |
| 2017 | — | $364 | $1,636 | $1,636 | 990EZ |
| 2016 | — | — | $0 | $0 | 990EZ |
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 Cathedral Towers 2 Inc (EIN 47-4251993) 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.