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Colorado · Nonprofit

TWO ANGELS FOUNDATION INC

TWO ANGELS FOUNDATION INC (Colorado) receives grants from 6 organizations whose IRS filings report $219,587 to it, the largest being COLORADO GIVES FOUNDATION ($203,657). 4 of them have funded it in more than one year, and 95% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$256k
Funders on record
6
Grants received
$220k
Net assets
$1.9M
4/6 repeat funderspeak grant-dependency 66%
01What it does

What Two Angels Foundation Inc does

Mission

To increase the recreational opportunities for children with physical disabilities, inspiring them to lead the most inclusive and active lives possible.

As stated on its FY2024 Form 990.

Program

  1. To raise money to purchase adaptive equipment for physically disabled children

    $195,906 spentof which $127,117 as grants
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $195,906.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($94k) Expenses 100 ($80k) Net assets 100 ($81k)2018 Revenue 98 ($93k) Expenses 91 ($73k) Net assets 124 ($101k)2019 Revenue 117 ($110k) Expenses 111 ($89k) Net assets 150 ($122k)2020 Revenue 77 ($73k) Expenses 90 ($72k) Net assets 151 ($123k)2021 Revenue 886 ($836k) Expenses 191 ($153k) Net assets 1559 ($1.3M)2022 Revenue 630 ($594k) Expenses 244 ($195k) Net assets 2049 ($1.7M)2023 Revenue 380 ($358k) Expenses 248 ($199k) Net assets 2244 ($1.8M)2024 Revenue 271 ($256k) Expenses 273 ($219k) Net assets 2289 ($1.9M)
'17'18'19'20'21'22'23'24
Revenue (271)Expenses (273)Net assets (2289)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $123k to $1.3M (+931%).

$81k
$101k
$122k
$123k
$1.3M
$1.7M
$1.8M
$1.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

38% of TWO ANGELS FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$14k
’17
$20k
’18
$21k
’19
$838
’20
$683k
’21
$399k
’22
$159k
’23
$37k
’24
33
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Roger Mohatt

Chairman

As listed on its FY2024 Form 990.

2021202220232024
Listed17171717
Joined·+0+0+0
No longer listed·000
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $62k → $15k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 95% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TWO ANGELS FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TWO ANGELS FOUNDATION INC leans on a few funders — its largest provides 93% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TWO ANGELS FOUNDATION INC.

93%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 98% · 2018 94% · 2019 71% · 2020 99% · 2021 88% · 2022 93% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

95% of TWO ANGELS FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10k that is directly attributable, 100% of it comes from funders outside Colorado, across 3 states.

WA
IL
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
Colorado out of state home

Funder states come from each funder’s own filing. $209k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TWO ANGELS FOUNDATION INC holds deeper cash reserves than three-quarters of the 7,117 philanthropy nonprofits its size.

Operating margin14% · above the median
Months of reserve32.9mo · top quartile
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like TWO ANGELS FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

19
board members
74%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

26%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for TWO ANGELS FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TWO ANGELS FOUNDATION INC?
TWO ANGELS FOUNDATION INC (Colorado) receives grants from 6 organizations whose IRS filings report $219,587 to it, the largest being COLORADO GIVES FOUNDATION ($203,657). 4 of them have funded it in more than one year, and 95% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TWO ANGELS FOUNDATION INC have?
IRS filings report 6 organizations giving $219,587 in grants to TWO ANGELS FOUNDATION INC, 4 of which have funded it in more than one year.
Who is the largest funder of TWO ANGELS FOUNDATION INC?
COLORADO GIVES FOUNDATION is the largest funder on record, with $203,657 in grants. The full list of funders is on this page.
How can an organization like TWO ANGELS FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Two Angels →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing