2 Chronicles 7 INC

Tax-deductible

Sachse, TX501(c)(3)Food & AgricultureEIN 82-1418764

2 Chronicles 7 Inc improves the lives of families by promting healthy living through the value of good food, outdoor activities, and a health environment.

501(c)(3) charity; gifts are tax-deductible.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $178K a year · 100% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$234K
+449% vs prior year
Spent
$0
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$234K
FY2024▲ +449%
Revenue by fiscal year
FY2020$119K
FY2021$251K
FY2022$243K
FY2023$43K
FY2024$234K
Expenses
$0
FY2024
Expenses by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
Net assets
$1.2M
FY2024▲ +24%
Net assets by fiscal year
FY2020$119K
FY2021$696K
FY2022$940K
FY2023$992K
FY2024$1.2M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See 2 Chronicles 7 INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes healthy living for families through good food, outdoor activities, and a healthy environment.

Provided by the organization

This section is blank until 2 Chronicles 7 INC claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

Livestock Exp $975 Product Exp $975 Bees Exp $975

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$234K
Ln 12
Gifts and grantsLn 1h$234K
Investment incomeLn 3$92
Money outPt IX
$0
Ln 25
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$234K
Government grantsLn 1e$234K
Investment incomeLn 3$92
Total revenueLn 12$234K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
Other assetsLn 15$10K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$982K$1.2M
Total assetsLn 16$992K$1.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$992K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $234K$0$234K$1.2M 990 PDF
FY2023 $43K$0$43K$992K 990 PDF
FY2022 $243K$0$243K$940K 990 PDF
FY2021 $251K$0$251K$696K 990 PDF
FY2020 $119K$0$119K$119K 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
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $233,760 across 5 lines filed
VIII-1e Government grants$233,668
VIII-1h Total contributions, gifts and grants$233,668
VIII-3 Investment incomeUnrelated business $92$92
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $92 · Excluded from tax $0$233,760
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $1,225,984 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $272,909$4,990
X-2 Savings and temporary cash investmentsStart of year $709,315$1,210,994
X-15 Other assetsStart of year $10,000$10,000
X-16 Total assetsStart of year $992,224$1,225,984
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $992,224$1,225,984
X-32 Total net assets or fund balancesStart of year $992,224$1,225,984
X-33 Total liabilities and net assetsStart of year $992,224$1,225,984
Part XI · Reconciliation of net assets $1,225,984 net assets at year end
XI-1 Total revenue$233,760
XI-2 Total expenses$0
XI-3 Revenue less expenses$233,760
XI-4 Net assets at start of year$992,224
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,225,984

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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