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Nonprofit · EIN 82-4748585

THE TWENTY INC

Tax-exempt · WINSTON SALEM, NC 27107

Financials

$261K$196K2021$02022
Revenue Expenses · by fiscal year end
Financials of THE TWENTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2022990-EZ$0––$0–$0
December 31, 2021990$261,214$195,962$65,252$0$0$0
Financial details: 990-EZ for the year ended December 31, 2022

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$0
Program services (functional)
$5,000

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
–
Net assets, end of year
$0
Gross receipts
$0

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-EZ for the year ended December 31, 2022, highest compensation first.

NameTitleHours / weekCompensation
Perry CabeanChairperson5$0
Alvin BordersSecretary5$0
990 for the year ended December 31, 2021: 1 people
NameTitleHours / weekCompensation
Not ApplicableNot Applicable–$0

Address and contacts

Address (IRS master file)
1922 S MARTIN LUTHER KING JR DR, WINSTON SALEM, NC 27107-1361
Mailing address (990-N for 2025)
1922 S Martin Luther King Jr Dr, Winston Salem NC 27107
Principal officer (990-N for 2025)
Alvin Borders, 1922 S Martin Luther King Jr Dr, WinstonSalem NC 27127
Signed the 990-EZ
Perry Cabean, Chairperson
Phone
(336) 761-0053
Return prepared by
Darda Financial

Mission

To be an initiator and participate in alleviating the Racial Wealth Gap by working collaboratively with other individuals and organizations who are motivated to create assets, and gain greater access to capital.

990-EZ for the year ended December 31, 2022

Program accomplishments

  • COVID-19 Service Project - COVID-19 Education, Mask production and distribution, and COVID testing site implementation andoperation.
    Expenses $5,000
  • Community Engagement - Series of meetings to provide opportunitiesfor the community to learn about available resources to improve theirlives and listen to their needs.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024Check at the IRS

File the 2026 990-N for THE TWENTY INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
82-4748585
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Alvin Borders
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Alvin Borders
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2022$0$0$0XML
990December 2021$261,214$195,962$0XML
990-EZDecember 2020–––IRS
990-N for 2018
Officer: James Grace
December 31, 2018≤ $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 82-4748585).

Questions about THE TWENTY INC

What is the EIN of THE TWENTY INC?
The employer identification number (EIN) of THE TWENTY INC is 82-4748585.
Is THE TWENTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to THE TWENTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE TWENTY INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of THE TWENTY INC 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 THE TWENTY INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of THE TWENTY INC?
The 990-N for 2025 names Alvin Borders.
Who are the officers and directors of THE TWENTY INC?
The 990-EZ for the year ended December 31, 2022 lists 2 people; 0 received compensation from the organization.
How much revenue does THE TWENTY INC have?
On its 990-EZ for the year ended December 31, 2022 it reported revenue of $0 and total assets of $0 at year end.

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