Civic Intelligence

Two Rivers Community School

EIN 20-0726895 • 501(c)3 • Boone, NC

Profile

Operation of a public charter school.

1018 Archie Carroll RoadBoone, NC 28607

tworiverscommunityschool.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.15x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

60th percentile

7.8%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

9.9%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,436,066

Up $175,457 (+7.8%) from 2023

Liabilities

Down

$2,801,094

Down $57,947 (-2.0%) from 2023

Net Assets

Up

-$365,028

Up $233,404 (+39%) from 2023

Revenue

Up

$2,108,203

Up $190,008 (+9.9%) from 2023

Expenses

Up

$1,874,799

Up $379,753 (+25%) from 2023

Net Income

Down

$233,404

Down $189,745 (-45%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $725,900Liabilities 2011: $228,896Net Assets 2011: $497,0042011Assets 2012: $800,794Liabilities 2012: $214,673Net Assets 2012: $586,1212012Assets 2013: $883,568Liabilities 2013: $204,108Net Assets 2013: $679,4602013Assets 2015: $1,039,882Liabilities 2015: $544,609Net Assets 2015: $495,2732015Assets 2016: $1,148,036Liabilities 2016: $506,932Net Assets 2016: $641,1042016Assets 2017: $1,330,844Liabilities 2017: $806,723Net Assets 2017: $524,1212017Assets 2018: $1,306,441Liabilities 2018: $3,260,117Net Assets 2018: -$1,953,6762018Assets 2019: $1,369,908Liabilities 2019: $3,224,696Net Assets 2019: -$1,854,7882019Assets 2020: $1,398,936Liabilities 2020: $3,141,371Net Assets 2020: -$1,742,4352020Assets 2021: $1,619,974Liabilities 2021: $3,060,138Net Assets 2021: -$1,440,1642021Assets 2022: $1,916,907Liabilities 2022: $2,938,488Net Assets 2022: -$1,021,5812022Assets 2023: $2,260,609Liabilities 2023: $2,859,041Net Assets 2023: -$598,4322023Assets 2024: $2,436,066Liabilities 2024: $2,801,094Net Assets 2024: -$365,0282024

Highlighted filing

2024

Assets$2,436,066
Liabilities$2,801,094
Net Assets-$365,028

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,380,723Expenses 2011: $1,411,200Net Income 2011: -$30,4772011Revenue 2012: $1,417,819Expenses 2012: $1,328,702Net Income 2012: $89,1172012Revenue 2013: $1,625,162Expenses 2013: $1,531,823Net Income 2013: $93,3392013Revenue 2015: $1,673,365Expenses 2015: $1,566,962Net Income 2015: $106,4032015Revenue 2016: $1,679,838Expenses 2016: $1,534,007Net Income 2016: $145,8312016Revenue 2017: $1,591,121Expenses 2017: $1,708,104Net Income 2017: -$116,9832017Revenue 2018: $1,699,215Expenses 2018: $1,764,581Net Income 2018: -$65,3662018Revenue 2019: $1,668,302Expenses 2019: $1,559,414Net Income 2019: $108,8882019Revenue 2020: $1,610,631Expenses 2020: $1,498,278Net Income 2020: $112,3532020Revenue 2021: $1,868,415Expenses 2021: $1,566,144Net Income 2021: $302,2712021Revenue 2022: $1,958,527Expenses 2022: $1,539,944Net Income 2022: $418,5832022Revenue 2023: $1,918,195Expenses 2023: $1,495,046Net Income 2023: $423,1492023Revenue 2024: $2,108,203Expenses 2024: $1,874,799Net Income 2024: $233,4042024

Highlighted filing

2024

Revenue$2,108,203
Expenses$1,874,799
Net Income$233,404

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 9, 2024
Return Version
2023v5.1
Gross Receipts
$2,108,203
Mission and Program Overview

Mission

Operation of a public charter school

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$930,487$1,004,178▲ $73,691
Land, Buildings, and Equipment, Net$521,881$525,036▲ $3,155
Savings and Temporary Cash Investments-$50,700-
Prepaid Expenses and Deferred Charges$12,418$7,937▼ $4,481
Accounts Receivable$5,638$4,392▼ $1,246
Total Assets$2,260,609$2,436,066▲ $175,457
Other Assets Total$790,185$843,823▲ $53,638
Liabilities
Other Liabilities$2,793,135$2,746,266▼ $46,869
Mortgage Notes Payable Secured by Investment Property$55,577$36,501▼ $19,076
Accounts Payable and Accrued Expenses$10,329$18,327▲ $7,998
Total Liabilities$2,859,041$2,801,094▼ $57,947
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-598,432$-365,028▲ $233,404
Total Net Assets Fund Balance$-598,432$-365,028▲ $233,404
Total Liabilities and Net Assets / Fund Balance$2,260,609$2,436,066▲ $175,457

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$222,129$169,727$391,856
Land$292,122-$292,122
Equipment-$158,440$158,440
Buildings$10,785$13,454$24,239
Other Assets Org$843,823--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$24,018---$24,018
2022$22,311-▲ $1,961$254$24,018
2021$26,019-▼ $3,225$483$22,311
2020$10,838$11,260▲ $4,788$867$26,019
2019$10,392-▲ $707$261$10,838
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carole GreeneChair
Twila WingroveVice Chair
Helen PhilipsBoard Member
Jennifer KirbyBoard Member
Renee TayBoard Member
Natalie Oransky Non VotingExecutive Director
Amy GardnerPTO Representative
Dawn ShumateSecretary
Kaitlyn CagleStaff Representative
Samantha MauneyStaff Representative
Cacey WellsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$287,017
Program Service Revenue
$1,821,186
Investment Income
$0
Other Revenue
$0
All Other Contributions
$33,678
Change in Net Assets
$233,404

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,108,203
Total Revenue per Audited Statements
$2,108,203
Total Revenue per Form 990
$2,108,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,461,963
Other Expenses$412,836
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,018,568$6,169-$1,024,737
Pension Plan Contributions$212,417--$212,417
Other Employee Benefits$150,261--$150,261
Occupancy$109,107$27,277-$136,384
Payroll Taxes$74,076$472-$74,548
Other Expenses$10,033$12,131-$22,164
Insurance-$18,099-$18,099
Fees for Services Accounting-$9,500-$9,500
Fees for Services Legal-$8,206-$8,206
Advertising-$6,448-$6,448
Interest-$2,505-$2,505
Depreciation Depletion$-88,750$3,258-$-85,492
Total Functional Expenses$1,735,794$139,005$0$1,874,799

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,874,799
Total Expenses per Audited Statements$1,874,799
Total Expenses per Form 990$1,874,799
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net pension liability$1,285,610
Federal income taxes$928,629
Net OPEB liability$532,027
Deferred inflows of resources-
Net DIPNC liability-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 12C

At monthly board meetings the board discusses any potential conflicts of interest. If any member has a potential conflict that person does not participate in the decision-making process or vote on the matter.

Form 990, Part VI, Section C, Line 19

Governing documents, school policies, and financial statements are available for viewing by the public at the organizations office upon request.

Filing and Contact Details

Filer

Filer Name
Two Rivers Community School
EIN
20-0726895
In Care Of
% Natalie Oransky
Phone
8282625411
Address
1018 Archie Carroll Road, Boone, NC 28607

Signing Officer

Name
Natalie Oransky
Title
Chair
Phone
8282625411
Signed
2024-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natalie Oransky
Formed
2004
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
40
Volunteers
130

Preparer

Firm
Rebekah Barr CPA PC
Address
2505-B Nash Street NW, Wilson, NC 27896
Preparer
Rebekah T Barr
Phone
2522946920
Supplemental Narrative

Additional Explanations

Form 990, Part V, Section B, Line 11B

The executive director reviews the 990 and presents to the board of directors for approval.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherSalariesAndWagesGrp/TotalAmt01024737
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0472
IRS990/PayrollTaxesGrp/ProgramServicesAmt074076
IRS990/PayrollTaxesGrp/TotalAmt074548
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0212417
IRS990/PensionPlanContributionsGrp/TotalAmt0212417
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012418
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07937
IRS990/PrincipalOfficerNm0Natalie Oransky
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0State appropriations
IRS990/ProgramServiceRevenueGrp/Desc1Local appropriations
IRS990/ProgramServiceRevenueGrp/Desc2Other programs revenues
IRS990/ProgramServiceRevenueGrp/Desc3OPEB noncapital contributions
IRS990/ProgramServiceRevenueGrp/Desc4School Lunch and Child care
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01259753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1471524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt234449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt453773
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0171189
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0415719
IRS990/PYProgramServiceRevenueAmt01747006
IRS990/PYRevenuesLessExpensesAmt0423149
IRS990/PYSalariesCompEmpBnftPaidAmt01079327
IRS990/PYTotalExpensesAmt01495046
IRS990/PYTotalRevenueAmt01918195
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0233404
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050700
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt010785
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013454
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024239
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt024018
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt024018
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt022311
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt024018
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01961
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0254
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt026019
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt022311
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3225
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0483
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010838
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt011260
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt026019
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04788
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0867
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010392
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010838
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0707
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0261
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158440
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0158440
IRS990ScheduleD/ExpensesSubtotalAmt01874799
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0292122
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0292122
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0222129
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0169727
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0391856
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0843823
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred outflows of resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0928629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11285610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2532027
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net pension liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Net OPEB liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred inflows of resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Net DIPNC liability
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt02108203
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0525036
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0843823
IRS990ScheduleD/TotalExpensesPerForm990Amt01874799
IRS990ScheduleD/TotalLiabilityAmt02746266
IRS990ScheduleD/TotalRevenuePerForm990Amt02108203
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02108203
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01874799
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0North Carolina charter schools are funded by the State and Local governments. The School also receives various federal grants
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The executive director reviews the 990 and presents to the board of directors for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At monthly board meetings the board discusses any potential conflicts of interest. If any member has a potential conflict that person does not participate in the decision-making process or vote on the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, school policies, and financial statements are available for viewing by the public at the organizations office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02260609
IRS990/TotalAssetsEOYAmt02436066
IRS990/TotalAssetsGrp/BOYAmt02260609
IRS990/TotalAssetsGrp/EOYAmt02436066
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0287017
IRS990/TotalEmployeeCnt040
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0139005
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01735794
IRS990/TotalFunctionalExpensesGrp/TotalAmt01874799

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