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← 2L FOUNDATION

Form 990 for tax year 2024

Filed by 2L FOUNDATION.

Totals

Total revenue
$559,305
Total expenses
$504,503
Contributions and grants received
$559,305
Grants paid
$245,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$212,062
Total liabilities, end of year
$15,203
Net assets or fund balances, end of year
$196,859
Program services expenses (Part IX)
$487,347
Management and general expenses
$17,156
Fundraising expenses
$0
Program service expenses (Part III)
$487,347

Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $559,305

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $245,000 · program services $245,000

  • 11a · Fees: management

    total $6,500 · management and general $6,500

  • 11b · Fees: legal

    total $2,922 · management and general $2,922

  • 11c · Fees: accounting

    total $2,210 · management and general $2,210

  • 11g · Fees: other

    total $487 · management and general $487

  • 12 · Advertising and promotion

    total $3,983 · program services $3,983

  • 13 · Office expenses

    total $5,037 · management and general $5,037

  • 19 · Conferences, conventions and meetings

    total $61,059 · program services $61,059

  • 24a · Other expenses: AUCTION PACKAGES

    total $177,305 · program services $177,305

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $143,000 · end of year $212,062

  • 17 · Accounts payable and accrued expenses

    end of year $20

  • 25 · Other liabilities

    beginning of year $943 · end of year $15,183

  • 27 · Net assets without donor restrictions

    beginning of year $142,057 · end of year $196,859

Mission and programs · 2024

Mission

OUR MISSION IS TO PROVIDE SAFETY, SHELTER, EDUCATION, AND HEALTHCARE FOR KIDS WHO FACE SIGNIFICANT CHALLENGES IN THEIR LIVES.

  • THE 2L FOUNDATION IS COMMITTED TO SUPPORTING ALL CHILDREN, REGARDLESS OF RACE, RELIGION, OR CREED, IN INTEGRATING INTO THEIR NEW LIFE IN THE UNITED STATES. OUR EDUCATION PROGRAM ALLOWS YOUTH TO ACCLIMATE TO NORTH AMERICAN CULTURE AND SOCIETY AND IT EMPOWERS THEM TO GROW UP AND BECOME VALUABLE MEMBERS OF THE WORKING POPULATION.

    Expenses $487,347 · Grants $245,000

As filed on the 2024 return.

Listed in Part VII

  • Kim Marie Bondy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jelena Madzar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Onur Haytac

    OFFICER

    Total calculated
    $0
    Hours/week
    5
  • Peter Youngren

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2025
IRS schema version
2024v5.0
Source object
202501349349312465

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