Nonprofit · EIN 92-0889671
TWO FORTY TWO
Tax-exempt · OWASSO, OK 74055
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $57,594 | $41,255 | $16,339 | $67,870 | $0 | $67,870 |
| December 31, 2024 | 990-EZ | $58,379 | $13,054 | $45,325 | $44,049 | – | $44,049 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $57,594
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $200
- Occupancy
- $15,600
- Printing, publications and postage
- $5
- Other expenses
- $25,450
- Program services (functional)
- $17,778
Balance sheet and other
- Total assets, start of year
- $44,049
- Total assets, end of year
- $67,870
- Total liabilities, end of year
- $0
- Net assets, end of year
- $67,870
- Cash, savings and investments
- $65,928
- Gross receipts
- $57,594
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSHUA GLENN ADSIT | PRESIDENT/DIRECTOR | 4 | $0 |
| MARTI MANN HARRIS | TREASURER | 4 | $0 |
| CHRISTOPHER CHARLES HARRIS | SECRETARY/DIRECTOR | 4 | $0 |
| JANICE HARRIS LORD | DIRECTOR | 4 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSHUA GLENN ADSIT | PRESIDENT/DIRECTOR | 4 | $0 |
| MARTI MANN HARRIS | TREASURER | 4 | $0 |
| CHRISTOPHER CHARLES HARRIS | SECRETARY/DIRECTOR | 4 | $0 |
| JANICE HARRIS LORD | DIRECTOR | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 14123 E 88TH ST N, OWASSO, OK 74055-2602
- In care of
- % CHRISTOPHER C HARRIS
- Mailing address (990-N for 2023)
- 14123 E 88th St N, Owasso OK 74055
- Principal officer (990-N for 2023)
- Joshua Glenn Adsit, 14123 E 88th St N, Owasso OK 74055
- Signed the 990-EZ
- CHRISTOPHER HARRIS, SECRETARY/DIRECTOR
- Phone
- (918) 697-2200
- Website
- www.242network.org
- Return prepared by
- Block Advisors
Mission
THE PRIMARY FOCUS OF TWO FORTY-TWO IS PLANTING CHURCHES THAT WILL SERVE NEIGHBORHOODS THROUGH SPIRITUAL AND FINANCIAL SUPPORT. THIS CAN INCLUDE SUPPORTING SCHOOLS, TEACHERS, SPORTS TEAMS, COMMUNITY GROUPS, OTHER CHURCH PLANTING ORGANIZATIONS AND NON-PROFITS
Program accomplishments
- ORGANIZING SUPPORT FOR NEEDY FAMILIESExpenses $17,778
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 92-0889671
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X11)
- Assets (IRS master file)
- $67,870
- Income (IRS master file)
- $57,594
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $57,594 | $41,255 | $67,870 | IRS |
| 990-EZ | December 2024 | $58,379 | $13,054 | $44,049 | XML |
| 990-N for 2023 Officer: Joshua Glenn Adsit | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Christopher Harris | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 92-0889671).
Questions about TWO FORTY TWO
- What is the EIN of TWO FORTY TWO?
- The employer identification number (EIN) of TWO FORTY TWO is 92-0889671.
- Is TWO FORTY TWO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to TWO FORTY TWO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TWO FORTY TWO 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 TWO FORTY TWO 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 TWO FORTY TWO last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of TWO FORTY TWO?
- The 990-N for 2023 names Joshua Glenn Adsit.
- Who are the officers and directors of TWO FORTY TWO?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does TWO FORTY TWO have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $57,594, expenses of $41,255 and total assets of $67,870 at year end.
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