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2LIFE Partners

Brighton, MA · EIN 04-3584637 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

2LIFE Partners reported $13.3 million in revenue and $8.9 million in expenses for calendar year 2024. Of every $100 it spent, $99.95 went to program services, $0.05 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 68.4% of the total. Government grants made up 15.1%. The highest compensation it reported for one person was $340,398 (VICE PRESIDENT, CLERK/PRESIDENT). Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.9M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
100.0%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
68.4%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
15.1%14.9%
Program service revenue share
Part VIII 2g ÷ 12
30.4%11.9%
Highest reported compensation
Part VII-A, columns D–F
$340,398$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.83%1.49%
People paid over $100,000
Part VII, line 2
05
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.29.2
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$8.9M expenses · 100.0% of program spending · revenue $4.0M

The organization operates for purposes of owning, rehabilitating, and operating some government subsidized, multifamily apartment complexes for the elderly

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
VICE PRESIDENT, CLERK/PRESIDENT
Officer, 1.00 hrs/week
$0$286,713$53,685$340,398
CEO, PRESIDENT
Officer, 1.00 hrs/week
$0$282,073$36,606$318,679
CHIEF OF BUSINESS STRATEGY/ASSISTANT TREASURER
Officer, 1.00 hrs/week
$0$216,157$31,400$247,557
CFO/TREASURER
Officer, 1.00 hrs/week
$0$219,604$18,013$237,617
GENERAL COUNSEL/ASSISTANT CLERK
Officer, 1.00 hrs/week
$0$232,001$2,230$234,231

0 people received more than $100,000 in reportable compensation from 2LIFE Partners (Part VII, line 2).

2 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M20232024$13M$8.9M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$8.9M100.0%−$909K$340,398
2023 ⓘ$17M$7.9M99.9%−$2.7M$315,748

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 65

Correct a figure or respond

Every number above is copied from 2LIFE Partners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for 2LIFE Partners, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Massachusetts

Questions people ask

How much of 2LIFE Partners's spending goes to programs?

In calendar year 2024, 2LIFE Partners reported that 100.0% of its $8.9 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does 2LIFE Partners pay its top executive?

The largest total compensation 2LIFE Partners reported for one person in calendar year 2024 was $340,398, for the role of VICE PRESIDENT, CLERK/PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does 2LIFE Partners get its money?

Of $13.3 million in revenue in calendar year 2024, 68.4% came from contributions and grants (including 15.1% from government grants) and 30.4% from program service revenue (Form 990, Part VIII).

Is 2LIFE Partners a registered charity?

The IRS lists EIN 04-3584637 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503219349302860 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403279349301450 · read the filing

All filings for EIN 04-3584637: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.