LHousing & ShelterEIN: 042609432· Ruling Year: 1977

2 Life Development Inc

Brighton, Massachusetts

A-Health Score
76A-

Financial Health Score

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

Very Good

💰
$11.9M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$73.7M
Net Assets
📋
$18.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+92.6%
Year-over-year change (2022 → 2023)
Net Margin
+85.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
43.49
Net assets divided by total expenses
Liabilities-to-Assets
19.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$11,934,87193%$1,693,8033%$91,836,13316%
2022$6,196,00566%$1,638,58883%$79,101,86911%
2021$18,442,494117%$9,717,633938%$71,180,94414%
2020$8,497,057137%$936,4972%$62,631,51992%
2019$3,585,337843%$922,39116%$32,608,11118%
2018$380,38011%$1,097,58321%$27,707,7913%
2017$341,28428%$906,921131%$28,500,4051%
2016$473,65935%$393,4396%$28,704,4721%
2015$725,23211%$371,97649%$28,906,4692%
2014$655,5901%$248,831934%$28,265,2892%
2013$659,3667%$24,06982%$27,841,3942%
2012$615,12576%$134,82354%$27,192,2571%
2011$2,558,96623%$293,56777%$26,880,56154%
2010$3,331,262$1,259,374$17,409,407

Frequently Asked Questions

What does 2 Life Development Inc do?

2 Life Development Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L190 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 2 Life Development Inc financially healthy?

Based on our 9-metric Financial Health Score model, 2 Life Development Inc has a score of 76/100 (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 2 Life Development Inc generate?

2 Life Development Inc reports $6.1M in annual revenue and holds $110.4M in total assets, based on IRS filings.

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