ZUnclassifiedEIN: 421078444· Ruling Year: 1977

Foundation 2 Inc

Cedar Rapids, Iowa

AHealth Score
89A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.13×
Peer Median5.86×
💰
$12.0M
Total Revenue
📊
$9.8M
Total Expenses
🏦
$11.0M
Net Assets
📋
$845K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.4%
Year-over-year change (2023 → 2024)
Net Margin
+18.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.13
Net assets divided by total expenses
Liabilities-to-Assets
7.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$11,975,8825%$9,784,44714%$11,858,45428%
2023$12,657,77748%$8,567,31028%$9,236,81850%
2022$8,549,26728%$6,709,93121%$6,165,40336%
2021$6,694,48421%$5,549,7469%$4,543,62514%
2020$5,511,33315%$5,077,9557%$4,000,58139%
2019$4,804,4779%$4,767,4419%$2,882,1379%
2018$4,427,8734%$4,357,7391%$2,645,3891%
2017$4,270,7951%$4,305,0578%$2,628,0372%
2016$4,231,01822%$3,970,79626%$2,688,15813%
2015$3,476,25930%$3,153,94526%$2,380,05212%
2014$2,673,7399%$2,497,801$2,122,10914%
2013$2,456,497$2,496,8761%$1,858,6495%
2012$2,468,0013%$2,525,1881%$1,951,4568%
2011$2,546,885$2,498,356$2,110,591

Frequently Asked Questions

What does Foundation 2 Inc do?

Foundation 2 Inc is a unclassified nonprofit organization based in Iowa. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Foundation 2 Inc financially healthy?

Based on our 9-metric Financial Health Score model, Foundation 2 Inc has a score of 89/100 (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 Foundation 2 Inc generate?

Foundation 2 Inc reports $11.8M in annual revenue and holds $12.1M in total assets, based on IRS filings.

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