Nonprofit · EIN 45-2996149
TY 2 FOUNDATION INC
Tax-exempt · FRANKLIN, TN 37064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $854,002 | $376,724 | $477,278 | $6,967,484 | $120,000 | $6,847,484 |
| December 31, 2023 | 990-PF | $1,217,096 | $338,869 | $878,227 | $6,662,957 | $0 | $6,662,957 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $514,232
- Dividends
- $205,361
- Interest
- $61,077
- Net gain from sales of assets
- $78,168
- Other income
- -$4,836
Expenses
- Grants and similar amounts paid
- $296,919
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $307,435
- Excise tax on investment income
- $3,744
Balance sheet and other
- Total assets, start of year
- $6,662,957
- Total assets, end of year
- $6,967,484
- Total liabilities, end of year
- $120,000
- Net assets, end of year
- $6,847,484
- Fair market value of assets
- $7,741,265
- Qualifying distributions
- $307,435
- Net investment income
- $334,341
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY L OSMAN 5640 PINEWOOD ROAD, FRANKLIN, TN 37064 | PRESIDENT | 10 | $0 |
| KENDALL OSMAN 5640 PINEWOOD ROAD, FRANKLIN, TN 37064 | VICE PRESIDENT | 0 | $0 |
| BRENNAN MCNEIL 5640 PINEWOOD ROAD, FRANKLIN, TN 37064 | SECRETARY | 0 | $0 |
| ADAIR MCNEIL 5640 PINEWOOD ROAD, FRANKLIN, TN 37064 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nancy Osman 5640 Pinewood Road, Franklin, TN 37064 | President | 10 | $0 |
| Kendall Osman 5640 PInewood Road, Franklin, TN 37064 | Vice President | 0 | $0 |
| Brennan McNeil 5640 Pinewood Road, Franklin, TN 37064 | Secretary | 0 | $0 |
| Adair McNeil 5640 Pinewood Road, Franklin, TN 37064 | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 5640 PINEWOOD RD, FRANKLIN, TN 37064-9369
- Signed the 990-PF
- NANCY OSMAN, PRESIDENT
- Phone
- (615) 333-9369
- Return prepared by
- ARLINGTON ASSOCIATES LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-2996149
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $6,967,484
- Income (IRS master file)
- $1,558,531
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $854,002 | $376,724 | $6,967,484 | IRS |
| 990-PF | December 2023 | $1,217,096 | $338,869 | $6,662,957 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
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 45-2996149).
Questions about TY 2 FOUNDATION INC
- What is the EIN of TY 2 FOUNDATION INC?
- The employer identification number (EIN) of TY 2 FOUNDATION INC is 45-2996149.
- Is TY 2 FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Which annual return does TY 2 FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TY 2 FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TY 2 FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of TY 2 FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does TY 2 FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $854,002, expenses of $376,724 and total assets of $6,967,484 at year end.
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