2Share Inc
Nonprofit profile at a glance
- EIN
- 880604074
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Wrightsville Beach, NC, USA
- Phone
- 9102262763
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $106,192
- Expenses
- $93,625
- Assets
- $15,169
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Cecelia Peers (President)
- Alex Murchison (Vice President)
People named in this filing
- Cecelia Peers (President)
- Alex Murchison (Vice President)
- B Michael Krawczyk (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
2SHARE acquires furnishings in good, clean condition through donations and in turn, delivers those furnishings, free-of-charge, to individuals and families in the Greater Wilmington area who are economically stressed and in need of such assistance. For this purpose, 2SHARE partners with over three dozen local nonprofits, grass roots ministries, school social workers, faith communities and others to identify those needing assistance. By providing clean, usable furnishings, we seek to help create true homes for folks while furnishing hope and nurturing pride. We literally work to get people off the floor and into beds to sleep on; tables and chairs to eat at; and sofas and chairs to relax in.
What it reported doing in 2025
In 2025 we served over 442 households. We made over 600 deliveries of major furniture including 529 beds. While New Hanover County remains our primary service area, 2025 saw continued expansion into surroundingcounties as capacity allowed.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81%; rating input score 81
- Program expense ratio: 91.9%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.8%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 8.1% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 17.4% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 99.3% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 81% of revenue deployed · 91.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $86K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Operating margin scored 59/100.