Ty 2 Foundation Inc
501(c)(3)
Only null% goes to programs Strong reserves Declining revenue
Ty 2 Foundation Inc is a 501(c)(3) organization based in Franklin, Tennessee, registered in 2012, with $854,002 in FY2024 revenue. CharityIndex grades it B.
5640 Pinewood Rd, Franklin, TN, 37064 EIN 45-2996149 Since 2012
Revenue (FY2024)
$854K
▼ 29.8% vs prior year
Expenses (FY2024)
$377K
Net assets
$6.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Ty 2 Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating218 mo reserves · +56% margin
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 Ty 2 Foundation Inc: 218 mo reserves · +56% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Ty 2 Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Ty 2 Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $858K (FY2020) to $854K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $120KNet assets $6.8M
Operating margin
55.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.0M
Total liabilities
$120K
Net assets
$6.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $854,002▼29.8% | $376,724▲11.2% | $6,847,484▲2.8% | $6,967,484▲4.6% | 990PF |
| 2023 | $1,217,096▲0.3% | $338,869▲3.0% | $6,662,957▲15.8% | $6,662,957▲15.8% | 990PF |
| 2022 | $1,213,094▼26.4% | $329,041▲40.6% | $5,753,991▲10.2% | $5,753,991▲10.2% | 990PF |
| 2021 | $1,649,343▲92.1% | $234,045▲12.2% | $5,223,031▲33.7% | $5,223,031▲33.7% | 990PF |
| 2020 | $858,389 | $208,522 | $3,907,872 | $3,907,872 | 990PF |
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.
Frequently asked questions
- Is Ty 2 Foundation Inc a legitimate nonprofit?
- Yes. Ty 2 Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-2996149, based in Franklin, Tennessee.
- What is Ty 2 Foundation Inc's EIN?
- Ty 2 Foundation Inc's Employer Identification Number (EIN) is 45-2996149.
- How much revenue does Ty 2 Foundation Inc report?
- Ty 2 Foundation Inc reported $854,002 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ty 2 Foundation Inc have?
- CharityIndex grades Ty 2 Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Ty 2 Foundation Inc (EIN 45-2996149) 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.