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Nonprofit · EIN 99-1164608

5 & 2 TRAINING INSTITUTE INC

Tax-exempt · WAXHAW, NC 28173

Financials

$1.4M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of 5 & 2 TRAINING INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,376,436$1,234,416$142,020$1,715,688$86,304$1,629,384
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,376,436
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$766,732
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,500
Occupancy
$11,120
Travel
$975
Depreciation
$266,770
Program services (functional)
$1,059,687
Management and general (functional)
$168,316
Fundraising (functional)
$6,413

Balance sheet and other

Total assets, start of year
$1,487,691
Total assets, end of year
$1,715,688
Total liabilities, end of year
$86,304
Net assets, end of year
$1,629,384
Land, buildings and equipment
$1,590,706
Net assets without donor restrictions
$1,629,384
Gross receipts
$1,376,436
Employees
0
Volunteers
50
Year formed
2024
State of legal domicile
NC

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.

NameTitleHours / weekCompensation
Cyril PrabhuPresident
Officer
50$0
Daniel MichielsTreasurer
Officer
2$0
Phyllis FInchSecretary
Officer
2$0

Address and contacts

Address (IRS master file)
3919 S PROVIDENCE RD STE B # 114, WAXHAW, NC 28173-9903
In care of
% DANIEL MICHIELS
Principal officer (990 for 2025)
Daniel Michiels, 8 Church St S Ste 20, Concord, NC 28025
Signed the 990
Daniel Michiels, Treasurer
Phone
(980) 699-8047
Return prepared by
D Michiels CPA PLLC

Mission

5&2 Training Institute is an advocate organization for fatherless children impacted by parental incarceration that provides affected youth with a safe and supportive home, hands-on edcuation and practicals skills, empowering them to build a secure and self-sufficient future.

990 for the year ended December 31, 2025

Program accomplishments

  • Welding Program- The organization launched its first trade school program in 2025 that provides enrolled students with welding instruction. This program requires students to work in a hands on environment for four hours per day and prepares them for AWS (American Welding Society) certification. The organization also provides soft skill training, equipping participants to navigate the everyday challenges of life and thrive as responsible, productive adults in society.
    Expenses $1,059,687

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

IRS record

EIN
99-1164608
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
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,715,688
Income (IRS master file)
$1,376,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,376,436$1,234,416$1,715,688XML

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 99-1164608).

Questions about 5 & 2 TRAINING INSTITUTE INC

What is the EIN of 5 & 2 TRAINING INSTITUTE INC?
The employer identification number (EIN) of 5 & 2 TRAINING INSTITUTE INC is 99-1164608.
Is 5 & 2 TRAINING INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to 5 & 2 TRAINING INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 5 & 2 TRAINING INSTITUTE INC 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 5 & 2 TRAINING INSTITUTE 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 5 & 2 TRAINING INSTITUTE INC 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 5 & 2 TRAINING INSTITUTE INC?
The 990 for the year ended December 31, 2025 names Daniel Michiels.
Who are the officers and directors of 5 & 2 TRAINING INSTITUTE INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does 5 & 2 TRAINING INSTITUTE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,376,436, expenses of $1,234,416 and total assets of $1,715,688 at year end.

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