Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $490,407

• 1d · Related organizations

  $9,705,969

• 1f · All other contributions, gifts and grants

  $7,946,711

• 1g · Noncash contributions included above

  $663,039

• 2a · Program service revenue: INCENTIVE MANAGEMENT

  total $792,730 · related or exempt $792,730

• 2b · Program service revenue: REIMBURSEMENT REVENUE

  total $48,997 · related or exempt $48,997

• 3 · Investment income

  total $778,965 · excluded $778,965

• 7a · Gross sales of assets other than inventory

  securities $11,588,523

• 7b · Less cost or other basis and sales expenses

  securities $11,303,208

• 7c · Gain or loss

  securities $285,315

• 7d · Net gain or loss

  total $285,315 · excluded $285,315

• 8a · Fundraising events: gross income

  $42,700

• 8a · Fundraising events: contributions included on line 1c

  $490,407

• 8b · Fundraising events: direct expenses

  $152,564

• 8c · Net income from fundraising events

  total -$109,864 · excluded -$109,864

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $3,804,980 · program services $1,583,656 · management and general $1,531,383 · fundraising $689,941

• 9 · Other employee benefits

  total $884,416 · program services $342,442 · management and general $392,785 · fundraising $149,189

• 10 · Payroll taxes

  total $292,132 · program services $113,112 · management and general $129,741 · fundraising $49,279

• 11a · Fees: management

  total $747,641 · program services $14,560 · management and general $578,412 · fundraising $154,669

• 11b · Fees: legal

  total $72,947 · management and general $72,947

• 11c · Fees: accounting

  total $62,150 · management and general $62,150

• 12 · Advertising and promotion

  total $824,969 · program services $4,523 · management and general $820,446

• 13 · Office expenses

  total $128,540 · program services $9,395 · management and general $119,145

• 16 · Occupancy

  total $90 · management and general $90

• 17 · Travel

  total $6,705 · management and general $6,705

• 19 · Conferences, conventions and meetings

  total $53,526 · management and general $53,526

• 21 · Payments to affiliates

  total $5,667,205 · program services $5,667,205

• 22 · Depreciation, depletion and amortization

  total $4,883 · management and general $4,883

• 24a · Other expenses: ADMINISTRATIVE EXPENSES

  total $663,373 · program services $104,921 · management and general $558,452

• 24b · Other expenses: FINANCIAL EXPENSES

  total $165,265 · program services $165,265

• 24c · Other expenses: PROGRAM AND EVENTS

  total $29,701 · program services $145 · fundraising $29,556

• 24e · All other expenses

  total $53,621 · management and general $31,869 · fundraising $21,752

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $432,732 · end of year $3,412,523

• 2 · Savings and temporary cash investments

  beginning of year $3,287 · end of year $12,728

• 3 · Pledges and grants receivable

  end of year $7,847,841

• 4 · Accounts receivable

  beginning of year $203,242 · end of year $334,929

• 7 · Other notes and loans receivable

  beginning of year $7,790,000 · end of year $14,750,000

• 9 · Prepaid expenses and deferred charges

  end of year $33,375

• 11 · Investments: publicly traded securities

  beginning of year $28,566,729 · end of year $32,632,468

• 14 · Intangible assets

  end of year $20,228

• 15 · Other assets

  beginning of year $5,565,757 · end of year $237,350

• 17 · Accounts payable and accrued expenses

  beginning of year $1,430,656 · end of year $513,094

• 19 · Deferred revenue

  end of year $1,500,000

• 24 · Unsecured notes and loans payable

  beginning of year $1,268,000

• 25 · Other liabilities

  beginning of year $359,926 · end of year $957,188

• 27 · Net assets without donor restrictions

  beginning of year $39,387,616 · end of year $46,311,272

• 28 · Net assets with donor restrictions

  beginning of year $115,549 · end of year $9,999,888

The filer's explanations (Part III)

PART I, LINE 3

A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE WERE USED TO ESTABLISH COMPENSATION OF THE RELATED ORGANIZATION'S CEO AND PRESIDENT. BOARD OR COMPENSATION COMMITTEE'S APPROVAL IS ALSO REQUIRED.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• 2LIFE 370 HARVARD LLC

  LOW INCOME HS · MA

• 2LIFE BROOK HOUSE LLC

  LOW INCOME HS · MA

• 2LIFE BROOK HOUSE MM LLC

  LOW INCOME HS · MA

• 2LIFE GOLDA EXPANSION

  LOW INCOME HS · MA

• 2LIFE GOLDA LIMITED PARTNERSHIP

  LOW INCOME HS · MA

• 2LIFE JJ CARROLL LLC

  LOW INCOME HS · MA

• 2LIFE KURLAT LLC

  LOW INCOME HS · MA

• 2LIFE LELAND LLC

  LOW INCOME HS · MA

• 2LIFE LELAND MM LLC

  LOW INCOME HS · MA

• 2LIFE LEVENTHAL LIMITED PARTNERSHIP

  LOW INCOME HS · MA

• 2LIFE SHILLMAN LIMITED PARTNERSHIP

  LOW INCOME HS · MA

• 2LIFE SOLIMINE 4 LLC

  LOW INCOME HS · MA

• 2LIFE SOLIMINE 4 MM LLC

  LOW INCOME HS · MA

• 2LIFE SOLIMINE 9 LLC

  LOW INCOME HS · MA

• 2LIFE SOLIMINE 9 MM LLC

  LOW INCOME HS · MA

• 2LIFE TREEHOUSE BOSTON LLC

  LOW INCOME HS · MA

• 2LIFE TREEHOUSE BOSTON MM LLC

  LOW INCOME HS · MA

• 2LIFE ULIN LIMITED PARTNERSHIP

  LOW INCOME HS · MA

• 2LIFE WEINBERG LLC

  LOW INCOME HS · MA

• SHIRLEY COMMONS LLC

  LOW INCOME HS · MA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• 2LIFE 370 HARVARD MM LLC

  C · LOW INCOME HS · MA

• 2LIFE GOLDA EXPANSION GP LLC

  C · LOW INCOME HS · MA

• 2LIFE GOLDA GP LLC

  C · LOW INCOME HS · MA

• 2LIFE LEVENTHAL INC

  C · LOW INCOME HS · MA

• 2LIFE SHILLMAN INC

  C · LOW INCOME HS · MA

• 2LIFE ULIN INC

  C · LOW INCOME HS · MA

• 2LIFE WEINBERG MM LLC

  C · LOW INCOME HS · MA

• SHIRLEY COMMONS MM LLC

  C · LOW INCOME HS · MA