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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 COMMUNITY FIRST 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.

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

Against its field

TWO ANGELS FOUNDATION INC holds deeper cash reserves than three-quarters of the 7,105 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· 7,105 philanthropy nonprofits $100k–$1M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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

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 · 7,816 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
02Who 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 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 6 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like TWO ANGELS FOUNDATION INC

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

In Colorado

Nationally

04Profile & 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 policyWhistleblower policyDocument retentionBoard reviewed the 990Audited 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. 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 COMMUNITY FIRST 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?
COMMUNITY FIRST 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.

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 6funders 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 August 27, 2026. What this page cannot tell you · view filing