Two Cranes Institute FY2023 filing

Seattle, WA · Public charity (501(c)(3)) · Since 2008 · Youth Development

✓ Tax-deductible
Revenue
$325K
+43% vs prior year
Spent
$369K
To programs
85%
Net assets
$57K
By yearFY2020–FY2025
Revenue
$325K
FY2023▲ +43%
Revenue by fiscal year
FY2020$204K
FY2021$232K
FY2022$227K
FY2023$325K
FY2024$360K
FY2025$579K
Expenses
$369K
FY2023▲ +6%
Expenses by fiscal year
FY2020$275K
FY2021$285K
FY2022$349K
FY2023$369K
FY2024$313K
FY2025$336K
Net assets
$57K
FY2023▼ -44%
Net assets by fiscal year
FY2020$275K
FY2021$222K
FY2022$100K
FY2023$57K
FY2024$103K
FY2025$346K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CTwo Cranes Institute
EINHdr · item D26-3165486
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFSep 2010
Year of formationHdr · item L2008
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSeattle, WA
NTEE classificationIRS BMFYouth Development (O99)
WebsiteHdr · item Jwww.twocranesinstitute.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$315K
Management & general15%$54K
Total functional expensesLn 25$369K

Financial health

Is it on solid ground?

Program efficiency
85%
of spending reaches programs
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.9M
FY2023▲ +3%
Total assets by fiscal year
FY2020$2.0M
FY2021$1.9M
FY2022$1.9M
FY2023$1.9M
FY2024$1.9M
FY2025$2.1M
Total liabilities
$1.9M
FY2023▲ +5%
Total liabilities by fiscal year
FY2020$1.7M
FY2021$1.7M
FY2022$1.8M
FY2023$1.9M
FY2024$1.8M
FY2025$1.7M
Revenue less expensesPt I · Ln 19−$44K
Total assetsPt X · Ln 16$1.9M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$32K
Total assetsLn 16$1.9M
Total liabilitiesLn 26$1.9M
Total net assetsLn 32$57K
Months of cash on handcomputed1.0

Statement of Revenue

Part VIII
Program service revenue$208K · 64%
Contributions & grants$116K · 36%
Program service revenue64%$208K
Contributions & grants36%$116K
Other revenue$1K
— government grantsLn 1e$50K
Total revenueLn 12$325K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $32K · Operating expenses (Pt IX) $369K · Less non-cash grants $5K · Cash operating expenses/yr $364K
1.0 months
Where the money goes
Program services
Program services $315K · Total expenses $369K
85%
Management & General
Management & general $54K · Total expenses $369K
15%
Fundraising
Fundraising $0 · Total expenses $369K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $64K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $116K · Total revenue $325K
36%
Government reliance
Government grants $50K · Total revenue $325K
15%
Earned-income share
Program service revenue $208K · Total revenue $325K
64%
Investment reliance
Investment income $0 · Total revenue $325K
0%
Program self-sufficiency
Program service revenue $208K · Total expenses $369K
56%
Growth & trend
Revenue growth (YoY)
This year $325K · Prior year $227K
+43%
Net-asset trend (YoY)
End of year $57K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $325K · Expenses $369K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.9M
—
Net-asset ratio
Net assets $57K · Total assets $1.9M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kimberly Richardson · Reported title DIRECTOR · Highest reported compensation $24K · Total expenses $369K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $46K · Total expenses $369K
12%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 15%——
Fundraising cost ratio 0%——
Revenue growth 43%——
Accounting fee ratio 7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$24,500Pt VII · Sec A
President & Executive Dire
$21,120Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kimberly Richardson’s $56K as Director is at the 46th percentile of top reported officer pay among 1992 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Susan Adams$43,400$67,000$21,120$12,800——
Kimberly Richardson$56,000$51,000$24,500$38,500$38,500$50,050

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 4Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Teaches nonviolence and peaceful conflict resolution through educational programs for all ages.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $293K of program spending, described in the organization's own filed words · FY2023.
01

Aikido Classes for Youth and Adults

Two cranes aikido offers a fun and dynamic training program for children, teens, and adults.

$202Kprogram expense
02

Ethical and practical applications of aikido principles to trauma program - tci provides a trauma program geared toward psychotherapists and health practitioners in phase 1 and the general public in phase 2.

$69Kprogram expense
03

Leadership Education Program

Tci provides leadership education programs for emerging leaders or those in transition to improve their management skills, develop the emotional intelligence to handle complex situations and the ability to resolve conflicts, build trust, facilitate effective teamwork and negotiate sustainable agreements.

$22Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$2K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $579K$336K+61% 990 PDF
FY2024 $360K$313K+11% 990 PDF
FY2023 Viewing $325K$369K+43% 990 PDF
FY2022 $227K$349K-2% 990 PDF
FY2021 $232K$285K+14% 990 PDF
FY2020 $204K$275K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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