L โ€” Housing & ShelterEIN: 042609432ยท Ruling Year: 1977

2life Development Inc

Brighton, Massachusetts

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$11.9M
Total Revenue
๐Ÿ“Š
$1.7M
Total Expenses
๐Ÿฆ
$73.7M
Net Assets
๐Ÿ“‹
$18.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+92.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+85.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
43.49
Net assets divided by total expenses
Liabilities-to-Assets
19.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$11,934,871โ†‘93%$1,693,803โ†‘3%$91,836,133โ†‘16%
2022$6,196,005โ†“66%$1,638,588โ†“83%$79,101,869โ†‘11%
2021$18,442,494โ†‘117%$9,717,633โ†‘938%$71,180,944โ†‘14%
2020$8,497,057โ†‘137%$936,497โ†‘2%$62,631,519โ†‘92%
2019$3,585,337โ†‘843%$922,391โ†“16%$32,608,111โ†‘18%
2018$380,380โ†‘11%$1,097,583โ†‘21%$27,707,791โ†“3%
2017$341,284โ†“28%$906,921โ†‘131%$28,500,405โ†“1%
2016$473,659โ†“35%$393,439โ†‘6%$28,704,472โ†“1%
2015$725,232โ†‘11%$371,976โ†‘49%$28,906,469โ†‘2%
2014$655,590โ†“1%$248,831โ†‘934%$28,265,289โ†‘2%
2013$659,366โ†‘7%$24,069โ†“82%$27,841,394โ†‘2%
2012$615,125โ†“76%$134,823โ†“54%$27,192,257โ†‘1%
2011$2,558,966โ†“23%$293,567โ†“77%$26,880,561โ†‘54%
2010$3,331,262$1,259,374$17,409,407

Frequently Asked Questions

What does 2life Development Inc do?โ–ผ

2life Development Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L190 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 2life Development Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, 2life Development Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does 2life Development Inc generate?โ–ผ

2life Development Inc reports $6.1M in annual revenue and holds $110.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Massachusetts.

2life Development Inc โ€” Brighton, MA | GiveScope