CSCharityScored
89

Foundation 2 Inc

Other · Cedar Rapids, Iowa

305 2Nd Ave Se, Cedar Rapids, IA 52401-1207

EIN: 421078444· Founded: Dec 1977· 49 years active· Filing Year: 2024

Annual Revenue

$12.0M

Total Expenses

$9.8M

Total Assets

$11.9M

Program Spending

93%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$606K

6.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$5.2M

Total Payroll

$5.9M

60% of total expenses

Where the Money Goes

93%
Programs: 93%
Payroll: 60%
Other overhead: 7%
Program Revenue$9.1M (76%)
Total Expenses$9.8M (82%)
Payroll$5.9M (60%)
Overhead (non-program)7%

Trust Score Breakdown

Program Spending Ratio

93% of expenses go to programs

40%

Revenue & Stability

$12.0M annual revenue

15%

Executive Compensation

$606K total officer comp (6.2% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$11.9M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.