Civic Intelligence

Two Rivers Community School

990 • Fiscal year 2022 • EIN 20-0726895

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 27, 2023

Organization ProfileTWORIVERSCOMMUNITYSCHOOL.NET
1018 Archie Carroll RoadBoone, NC 28607

(828) 262-5411

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.53x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

1.50x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Net Margin

73rd percentile

21%

Higher net margin than 73% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$67,607

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2022 filings • NTEE B • $1M-$5M nonprofits • Source year 2022

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

45th percentile

4.8%

Faster revenue growth than 45% of similar nonprofits.

2022 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$1,916,907

Up $296,933 (+18%) from 2021

Net Assets

Up

-$1,021,581

Up $418,583 (+29%) from 2021

Liabilities

Down

$2,938,488

Down $121,650 (-4.0%) from 2021

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin73rd percentile

Revenue

Up

$1,958,527

Up $90,112 (+4.8%) from 2021

Expenses

Down

$1,539,944

Down $26,200 (-1.7%) from 2021

Net Income

Up

$418,583

Up $116,312 (+38%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2022

Assets$1,916,907
Liabilities$2,938,488
Net Assets-$1,021,581
Open 2022 Filing

Operations Trend

Revenue Growth45th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$1,958,527
Expenses$1,539,944
Net Income$418,583
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 27, 2023
Return Version
2021v4.0
Gross Receipts
$1,958,527
Mission and Program Overview

Mission

Operation of a public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$579,679$777,876▲ $198,197
Land, Buildings, and Equipment, Net$549,016$534,908▼ $14,108
Savings and Temporary Cash Investments$58,740$16,135▼ $42,605
Accounts Receivable$5,464$10,523▲ $5,059
Prepaid Expenses and Deferred Charges$9,577$10,444▲ $867
Total Assets$1,619,974$1,916,907▲ $296,933
Other Assets Total$417,498$567,021▲ $149,523
Liabilities
Other Liabilities$2,963,569$2,859,342▼ $104,227
Mortgage Notes Payable Secured by Investment Property$90,830$73,672▼ $17,158
Accounts Payable and Accrued Expenses$5,739$5,474▼ $265
Total Liabilities$3,060,138$2,938,488▼ $121,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,440,164$-1,021,581▲ $418,583
Total Net Assets Fund Balance$-1,440,164$-1,021,581▲ $418,583
Total Liabilities and Net Assets / Fund Balance$1,619,974$1,916,907▲ $296,933

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$242,786$164,568$407,354
Land$292,122-$292,122
Equipment-$122,366$122,366
Other Land Buildings-$36,074$36,074
Leasehold Improvements-$8,741$8,741
Other Assets Org$753--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$26,019-▼ $3,225-$22,311
2020$10,838$11,260▲ $4,788-$26,019
2019$10,392-▲ $707-$10,838
2018$10,000-▲ $498-$10,392
2017-$10,000--$10,000
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Natalie Oransky Non-votingExecutive DiFT$67,607$67,607

Board Members and Trustees

NameTitle
April FlandersChair
Melissa ThomasVice Chair
Carole GreeneMember
Casey WellsMember
Twila WingroveMember
Dawn ShumateSecretary
Austin Pack Non-votingStaff Repres
Clint Byers Non-votingStaff Repres
Tara StollenmierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$159,890
Program Service Revenue
$1,785,529
Investment Income
$17
Other Revenue
$13,091
All Other Contributions
$19,465
Change in Net Assets
$418,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,958,527
Total Revenue per Audited Statements
$1,958,527
Total Revenue per Form 990
$1,958,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,186,178
Other Expenses$353,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$834,730$92,858-$927,588
Occupancy$131,148$43,716-$174,864
Other Employee Benefits$69,516$13,241-$82,757
Fees for Services Other$57,508$10,148-$67,656
Current Officers, Directors, Trustees, and Key Employees-$66,138-$66,138
Payroll Taxes$54,918$10,460-$65,378
Pension Plan Contributions$37,226$7,091-$44,317
Fees for Services Legal-$14,500-$14,500
Depreciation Depletion$10,582$3,527-$14,109
Insurance-$13,985-$13,985
Fees for Services Accounting-$7,750-$7,750
Information Technology$5,785$1,021-$6,806
Interest-$4,423-$4,423
Advertising$1,178$208-$1,386
Office Expenses$968$171-$1,139
Other Expenses$3,853$544-$544
Travel$310$55-$365
All Other Expenses$42--$42
Total Functional Expenses$1,225,237$314,707$0$1,539,944

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,539,944
Total Expenses per Audited Statements$1,539,944
Total Expenses per Form 990$1,539,944
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 Opeb Liability$1,596,382
Opeb Deferrals$609,957
Pension Deferrals$380,175
Net Pension Liability$272,059
Dipnc Deferrals$769
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, Page 6, Part VI, Line 11B

“990 is reviewed by the executive committee and provided to board prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest policy is informally monitored. Potential conflicts of interest are discussed and resolved by the board of directors. Board members recuse themselves from voting on any issue that presents a possible conflict of interest.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, school policies, and financial statements are available for viewing by the public at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
Two Rivers Community School
EIN
20-0726895
Phone
8282625411
Address
1018 ARCHIE CARROLL ROAD, BOONE, NC 28607

Signing Officer

Name
April Flanders
Title
Chair
Phone
8282877897
Signed
2023-04-27

Organization Details

Principal Officer
April Flanders
Formed
2004
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
42

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Support school operations and future construction”

Raw XML AppendixShowing 400 of 488 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05739
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05474
IRS990/AccountsReceivableGrp/BOYAmt05464
IRS990/AccountsReceivableGrp/EOYAmt010523
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0208
IRS990/AdvertisingGrp/ProgramServicesAmt01178
IRS990/AdvertisingGrp/TotalAmt01386
IRS990/AllOtherContributionsAmt019465
IRS990/AllOtherExpensesGrp/ProgramServicesAmt042
IRS990/AllOtherExpensesGrp/TotalAmt042
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ACADIA NORTHSTAR
IRS990/BooksInCareOfDetail/PhoneNum09199547040
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05029 FALLS OF NEUSE
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027609
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0579679
IRS990/CashNonInterestBearingGrp/EOYAmt0777876
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt066138
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt066138
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0159890
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017
IRS990/CYOtherExpensesAmt0353766
IRS990/CYOtherRevenueAmt013091
IRS990/CYProgramServiceRevenueAmt01785529
IRS990/CYRevenuesLessExpensesAmt0418583
IRS990/CYSalariesCompEmpBnftPaidAmt01186178
IRS990/CYTotalExpensesAmt01539944
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01958527
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03527
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010582
IRS990/DepreciationDepletionGrp/TotalAmt014109
IRS990/Desc0OPERATED AS A CHARTER SCHOOL IN BOONE, NC SERVING APPROXIMATELY 158 STUDENTS FOR THE FISCAL YEAR ENDED 6/30/22.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01225237
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07750
IRS990/FeesForServicesAccountingGrp/TotalAmt07750
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014500
IRS990/FeesForServicesLegalGrp/TotalAmt014500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt010148
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt057508
IRS990/FeesForServicesOtherGrp/TotalAmt067656
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0APRIL FLANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm1MELISSA THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm2TARA STOLLENMIER
IRS990/Form990PartVIISectionAGrp/PersonNm3DAWN SHUMATE
IRS990/Form990PartVIISectionAGrp/PersonNm4CASEY WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm5CAROLE GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm6TWILA WINGROVE
IRS990/Form990PartVIISectionAGrp/PersonNm7AUSTIN PACK NON-VOTING
IRS990/Form990PartVIISectionAGrp/PersonNm8CLINT BYERS NON-VOTING
IRS990/Form990PartVIISectionAGrp/PersonNm9NATALIE ORANSKY NON-VOTING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt967607
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7STAFF REPRES
IRS990/Form990PartVIISectionAGrp/TitleTxt8STAFF REPRES
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0140425
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01958527
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01021
IRS990/InformationTechnologyGrp/ProgramServicesAmt05785
IRS990/InformationTechnologyGrp/TotalAmt06806
IRS990/InsuranceGrp/ManagementAndGeneralAmt013985
IRS990/InsuranceGrp/TotalAmt013985
IRS990/InterestGrp/ManagementAndGeneralAmt04423
IRS990/InterestGrp/TotalAmt04423
IRS990/InvestmentIncomeGrp/ExclusionAmt017
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0331749
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0549016
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0534908
IRS990/LandBldgEquipCostOrOtherBssAmt0866657
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt090830
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt073672
IRS990/NetAssetsOrFundBalancesBOYAmt0-1440164
IRS990/NetAssetsOrFundBalancesEOYAmt0-1021581
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1440164
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1021581
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt043716
IRS990/OccupancyGrp/ProgramServicesAmt0131148
IRS990/OccupancyGrp/TotalAmt0174864
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0171
IRS990/OfficeExpensesGrp/ProgramServicesAmt0968
IRS990/OfficeExpensesGrp/TotalAmt01139
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0417498
IRS990/OtherAssetsTotalGrp/EOYAmt0567021
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013241
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt069516
IRS990/OtherEmployeeBenefitsGrp/TotalAmt082757
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD PURCHASE
IRS990/OtherExpensesGrp/Desc2FUNDRAISING EXPENSES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP/DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03084
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111558
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210229
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3544
IRS990/OtherExpensesGrp/ProgramServicesAmt017473
IRS990/OtherExpensesGrp/ProgramServicesAmt13853
IRS990/OtherExpensesGrp/TotalAmt020557
IRS990/OtherExpensesGrp/TotalAmt115411
IRS990/OtherExpensesGrp/TotalAmt210229
IRS990/OtherExpensesGrp/TotalAmt3544
IRS990/OtherLiabilitiesGrp/BOYAmt02963569
IRS990/OtherLiabilitiesGrp/EOYAmt02859342
IRS990/OtherRevenueMiscGrp/Desc0VARIOUS
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/ExclusionAmt05834
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07257
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07257
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15834
IRS990/OtherRevenueTotalAmt013091
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt092858
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0834730
IRS990/OtherSalariesAndWagesGrp/TotalAmt0927588
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010460
IRS990/PayrollTaxesGrp/ProgramServicesAmt054918
IRS990/PayrollTaxesGrp/TotalAmt065378
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07091
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037226
IRS990/PensionPlanContributionsGrp/TotalAmt044317
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09577
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010444
IRS990/PrincipalOfficerNm0APRIL FLANDERS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NORTH CAROLINA
IRS990/ProgramServiceRevenueGrp/Desc1LOCAL EDUCATION AGENCIES
IRS990/ProgramServiceRevenueGrp/Desc2BEFORE & AFTER SCHOOL CARE
IRS990/ProgramServiceRevenueGrp/Desc3SCHOOL PROGRAMS & ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc4FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01275869
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1453768
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt224538
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt318585
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt412769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01275869
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1453768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224538
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318585
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt412769
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0148832
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt052
IRS990/PYOtherExpensesAmt0420153
IRS990/PYOtherRevenueAmt025744
IRS990/PYProgramServiceRevenueAmt01693787
IRS990/PYRevenuesLessExpensesAmt0302271
IRS990/PYSalariesCompEmpBnftPaidAmt01145991
IRS990/PYTotalExpensesAmt01566144
IRS990/PYTotalRevenueAmt01868415
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0418583
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01785529
IRS990/SavingsAndTempCashInvstGrp/BOYAmt058740
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016135
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0242786
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0164568
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0407354
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0483
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt026019
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt022311
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3225
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0867
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010838
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt011260
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt026019
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04788
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0261
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010392
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010838
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0707
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0106
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010392
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0498
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0122366
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122366
IRS990ScheduleD/ExpensesSubtotalAmt01539944
IRS990ScheduleD/LandGrp/BookValueAmt0292122
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0292122
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08741
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08741
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0375806
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1137016
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt252615
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3831
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4753
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION & OPEB DEFERRALS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1C/Y CONTRIBUTIONS TO PENSION PLAN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2C/Y CONTRIBUTIONS TO OPEB PLAN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NET DIPNC ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4C/Y CONTRIBUTIONS TO DIPNC PLAN
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036074
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt036074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01596382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1609957
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2380175
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3272059
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4769
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPEB DEFERRALS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PENSION DEFERRALS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DIPNC DEFERRALS
IRS990ScheduleD/RevenueSubtotalAmt01958527
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SUPPORT SCHOOL OPERATIONS AND FUTURE CONSTRUCTION
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0534908
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0567021
IRS990ScheduleD/TotalExpensesPerForm990Amt01539944
IRS990ScheduleD/TotalLiabilityAmt02859342
IRS990ScheduleD/TotalRevenuePerForm990Amt01958527
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01958527
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01539944
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/ExplanationTxt0TWO RIVERS COMMUNITY SCHOOL OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,916,907
Liabilities
$2,938,488
Net assets
-$1,021,581
Revenue
$1,958,527
Expenses
$1,539,944
Net income
$418,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.44$2.80$0.37$2.11$1.87$0.23
2023Detailed filing. Detailed filing data is available for this year.$2.26$2.86$0.60$1.92$1.50$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.92$2.94$1.02$1.96$1.54$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$3.06$1.44$1.87$1.57$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.40$3.14$1.74$1.61$1.50$0.11
2019Summary only. Only limited summary data is available for this year.$1.37$3.22$1.85$1.67$1.56$0.11
2018Summary only. Only limited summary data is available for this year.$1.31$3.26$1.95$1.70$1.76$0.07
2017Summary only. Only limited summary data is available for this year.$1.33$0.81$0.52$1.59$1.71$0.12
2016Summary only. Only limited summary data is available for this year.$1.15$0.51$0.64$1.68$1.53$0.15
2015Summary only. Only limited summary data is available for this year.$1.04$0.54$0.50$1.67$1.57$0.11
2013Summary only. Only limited summary data is available for this year.$0.88$0.20$0.68$1.63$1.53$0.09
2012Summary only. Only limited summary data is available for this year.$0.80$0.21$0.59$1.42$1.33$0.09
2011Summary only. Only limited summary data is available for this year.$0.73$0.23$0.50$1.38$1.41$0.03