27 years after overcoming the malevolent supernatural entity Pennywise, the former members of the Losers' Club, who have grown up and moved away from Derry, are brought back together by a devastating phone call.

Larry Guthrie, who loses his first love to the town hot shot, decides to win her back by volunteering with the children at her after-school program. When Larry accidentally tells the kids the Tooth Fairy is make-believe, he soon is transformed into a tutu-clad fairy with the "sentence" of collecting teeth.

"I will try to be normal" 12-year-old Ace Ventura Jr. promises. Thats cool, except whats normal for him is finding missing mutts, kidnapped kitties or gone gators and creating hilarious chaos every step of the way.