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Record · Organization

2XSALT Inc

2XSALT Inc’s President, Bart Kofoed, was paid $72,000 for 2024, as the organization reported it on its Form 990, the total compensation reported on the 990, including benefits and pay from related organizations. It is not a verified salary and not take-home pay.

Monroe, NC. EIN 43-2023021. Reported $483,857 of revenue for 2024 on its Form 990.

The IRS record

Registered name
2XSALT INC
As the IRS records it, which is how it appears in their own search.
Employer Identification Number
43-2023021
The identifier the IRS uses for this organization.
Recognized under
501(c)(3) — charitable, religious, educational, scientific
The subsection of the code its exemption was granted under.
Recognized in
2004
The year of the IRS ruling.
Classification
Recreation and Sports
NTEE code N20, assigned at registration.
Gifts to it
Contributions are deductible
Whether the IRS treats a contribution to this organization as deductible.
Legal form
Corporation
How the organization is constituted, as recorded at registration.
Location of record
Monroe, NC
The address the IRS holds, not necessarily where it operates.
Most recent filing
Form 990
For tax year 2024.

What it reported for 2024

$483,857
Total revenue
Contributions, grants, program service revenue and investment income.
$560,557
Total expenses
As reported on the return.
$2.3 million
Total assets, book value
$2,312,721
At the end of the year, at what the organization paid for them.
1
People listed
Officers, directors, trustees, key employees and highest-paid employees.
$72,000
Largest reported compensation
Reported for Bart Kofoed.
$72,000
Reportable, from the organization
Part VII, column (D): W-2 or 1099 pay from this organization.
$0
Reportable, from related organizations
Part VII, column (E).
$0
Other compensation
Part VII, column (F): benefits, deferred pay and other compensation.

How this compares

Total revenue: $483,857, 2024
By the revenue it reported, ranks 211,678th of 693,297 organizations with revenue on their return nationally, 5,862nd of 18,139 in North Carolina and 6,112th of 37,314 in Recreation and Sports. Larger than 69% of the 693,297 organizations with revenue on their return nationally. It is < 0.1% of the $4,632,760,069,328 reported by every organization with a return on record.
Largest reported compensation: $72,000, 2024
By the largest compensation it reported paying, ranks 146,478th of 264,753 organizations reporting compensation nationally, 3,722nd of 6,794 in North Carolina and 2,936th of 7,242 in Recreation and Sports. Larger than 44% of the 264,753 organizations reporting compensation nationally.

Similar organizations

Other organizations in the same state and category as 2XSALT Inc
OrganizationRevenue
Atlantic Coast Conference$826.5 million
Charlotte Sports Foundation$29.5 million
US National Whitewater Center Inc$28.8 million
Myers Park Country Club Inc$24.1 million
Cypress of Raleigh Club Inc$24.0 million
East Carolina University Educational Foundation Inc$17.9 million

This organization elsewhere

More in North Carolina and under Recreation and Sports. All organizations: nonprofits.

What this page cannot show

  • Everything here is what the organization told the IRS about itself. The IRS publishes returns as filed and does not audit them first.
  • The figures describe the most recent year on record, which has already ended, and not the organization’s current position.
  • Nothing here says whether the organization does its work well, or how it spends what it raises beyond the totals on the form.

Something wrong? Tell us. Full method at methodology.

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Sources

Compiled automatically from Exempt Organizations Business Master File and Form 990 series e-file data by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved