Nonprofit · EIN 27-1764310
FIVETWO NETWORK
Tax-exempt · BURNET, TX 78611
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $855,832 | $1,230,191 | -$374,359 | $468,673 | $94,115 | $374,558 |
| December 31, 2024 | 990 | $660,487 | $1,047,642 | -$387,155 | $806,586 | $57,669 | $748,917 |
| December 31, 2023 | 990 | $1,591,977 | $561,469 | $1,030,508 | $1,146,361 | $10,289 | $1,136,072 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $369,777
- Program service revenue
- $462,538
- Investment income
- $21,778
- Other revenue
- $1,739
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,644
- Other salaries and wages
- $599,223
- Salaries, compensation and benefits (total)
- $727,867
- Professional fundraising fees
- $0
- Accounting fees
- $36,162
- Travel
- $101,045
- Program services (functional)
- $926,869
- Management and general (functional)
- $194,823
- Fundraising (functional)
- $108,499
Balance sheet and other
- Total assets, start of year
- $806,586
- Total assets, end of year
- $468,673
- Total liabilities, end of year
- $94,115
- Net assets, end of year
- $374,558
- Net assets without donor restrictions
- $26,293
- Net assets with donor restrictions
- $348,265
- Gross receipts
- $855,832
- Employees
- 0
- Volunteers
- 70
- Year formed
- 2010
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDY LARSON | PARTNERSHIP Highest-paid employee | 40 | $155,534 |
| BILL WOOLSEY | CHAIRMAN Trustee or director, Officer | 20 | $128,644 |
| TANYA SKILTON | SECRETARY Trustee or director, Officer | 2 | $0 |
| BOB CARSON | TREASURER Trustee or director, Officer | 2 | $0 |
| ROBERT GOODWIN | DIRECTOR Trustee or director | 2 | $0 |
| DOUG ALLEN | DIRECTOR Trustee or director | 2 | $0 |
| KERRY NICHOLAS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL WOOLSEY | CHAIRMAN Trustee or director, Officer | 20 | $132,194 |
| TANYA SKILTON | SECRETARY Trustee or director, Officer | 2 | $0 |
| BOB CARSON | TREASURER Trustee or director, Officer | 2 | $0 |
| ROBERT GOODWIN | DIRECTOR Trustee or director | 2 | $0 |
| DOUG ALLEN | DIRECTOR Trustee or director | 2 | $0 |
| KERRY NICHOLAS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BILL WOOLSEY | CHAIRMAN Trustee or director, Officer | 40 | $94,195 | $121,366 |
| TANYA SKILTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BOB CARSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT GOODWIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KERRY NICHOLAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 COUNTY ROAD 139A, BURNET, TX 78611-2084
- In care of
- % BILL WOOLSEY
- Mailing address (990-N for 2012)
- 700 S Westgreen BLVD, Katy TX 77450
- Principal officer (990 for 2025)
- BILL WOOLSEY, 100 COUNTY ROAD 139A, BURNET, TX 78611
- Principal officer (990-N for 2012)
- Bill Woolsey, 700 S Westgreen BLVD, Katy TX 77450
- Signed the 990
- BILL WOOLSEY, CHAIRMAN
- Phone
- (800) 591-2710
- Website
- WWW.FIVETWO.COM
- Return prepared by
- RATLIFF & ASSOCIATES PC
Mission
ACTIVATING CHURCHES AND FAITH-BASED VENTURES TO BRING THE CHURCH OUTSIDE THE CHURCH WALLS SO MORE PEOPLE MEET JESUS WHERE THEY LIVE. (SEE ATTACHED DESCRIPTION)
Program accomplishments
- PROVIDING A PROCESS THAT LEADS CONGREGATIONS TO STRATEGIC GROWTH BY CLARIFYING THEIR UNIQUE CALLING, EQUIPPING THEM TO LIVE OUT THAT CALLING, AND COACHING THE MINISTRY TEAMS TO ACT ON THAT CALLING AND ACCOMPLISH THEIR GOALS.Expenses $926,869 · revenue $462,538
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1764310
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $468,673
- Income (IRS master file)
- $855,832
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $855,832 | $1,230,191 | $468,673 | XML |
| 990 | December 2024 | $660,487 | $1,047,642 | $806,586 | XML |
| 990 | December 2023 | $1,591,977 | $561,469 | $1,146,361 | XML |
| 990 | December 2022 | $549,112 | $497,162 | $112,181 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Bill Woolsey | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1764310).
Questions about FIVETWO NETWORK
- What is the EIN of FIVETWO NETWORK?
- The employer identification number (EIN) of FIVETWO NETWORK is 27-1764310.
- Is FIVETWO NETWORK tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to FIVETWO NETWORK tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIVETWO NETWORK file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIVETWO NETWORK due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIVETWO NETWORK last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FIVETWO NETWORK?
- The 990 for the year ended December 31, 2025 names BILL WOOLSEY.
- Who are the officers and directors of FIVETWO NETWORK?
- The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization, the highest $155,534 (RANDY LARSON, PARTNERSHIP).
- How much revenue does FIVETWO NETWORK have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $855,832, expenses of $1,230,191 and total assets of $468,673 at year end.
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