Civic Intelligence

Two Rivers CDC

990EZ • Fiscal year 2022 • EIN 43-2065178

Jan 01, 2022 to Dec 31, 2022 • Filed on May 16, 2023

45053 SE 166th StNorth Bend, WA 98045

(425) 888-8787

Siviq Scores

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

Liabilities / Assets

89th percentile

0.41x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.20x

Higher debt load relative to revenue than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

79th percentile

29%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

89th percentile

77%

Faster asset growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

50%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$79,605

Up $34,545 (+77%) from 2021

Net Assets

Up

$46,739

Up $48,785 (+2384%) from 2021

Liabilities

Down

$32,866

Down $14,240 (-30%) from 2021

Revenue

Up

$166,376

Up $55,808 (+50%) from 2021

Expenses

Up

$117,591

Up $10,851 (+10%) from 2021

Net Income

Up

$48,785

Up $44,957 (+1174%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2012: $1Liabilities 2012: $31,8312012Assets 2013: $70,572Liabilities 2013: $13,887Net Assets 2013: $56,6852013Assets 2014: $89,418Liabilities 2014: $36,554Net Assets 2014: $52,8642014Assets 2015: $53,192Liabilities 2015: $36,199Net Assets 2015: $16,9932015Assets 2016: $70,554Liabilities 2016: $24,104Net Assets 2016: $46,4502016Assets 2017: $76,620Liabilities 2017: $3,184Net Assets 2017: $73,4362017Assets 2018: $4,189Liabilities 2018: $705Net Assets 2018: $3,4842018Assets 2019: $8,660Liabilities 2019: $6,610Net Assets 2019: $2,0502019Assets 2020: $11,489Liabilities 2020: $17,362Net Assets 2020: -$5,8732020Assets 2021: $45,060Liabilities 2021: $47,106Net Assets 2021: -$2,0462021Assets 2022: $79,605Liabilities 2022: $32,866Net Assets 2022: $46,7392022Assets 2023: $134,617Liabilities 2023: $79,896Net Assets 2023: $54,7212023

Highlighted filing

2022

Assets$79,605
Liabilities$32,866
Net Assets$46,739

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2012: $134,437Expenses 2012: $166,012Net Income 2012: -$31,5752012Revenue 2013: $666,627Expenses 2013: $631,651Net Income 2013: $34,9762013Revenue 2014: $949,863Expenses 2014: $953,684Net Income 2014: -$3,8212014Revenue 2015: $871,882Expenses 2015: $907,753Net Income 2015: -$35,8712015Revenue 2016: $818,677Expenses 2016: $789,586Net Income 2016: $29,0912016Revenue 2017: $612,252Expenses 2017: $585,266Net Income 2017: $26,9862017Revenue 2018: $5,225Expenses 2018: $75,177Net Income 2018: -$69,9522018Revenue 2019: $18,061Expenses 2019: $19,495Net Income 2019: -$1,4342019Revenue 2020: $92,997Expenses 2020: $100,920Net Income 2020: -$7,9232020Revenue 2021: $110,568Expenses 2021: $106,740Net Income 2021: $3,8282021Revenue 2022: $166,376Expenses 2022: $117,591Net Income 2022: $48,7852022Revenue 2023: $161,524Expenses 2023: $153,541Net Income 2023: $7,9832023

Highlighted filing

2022

Revenue$166,376
Expenses$117,591
Net Income$48,785
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 16, 2023
Return Version
2022v5.0
Gross Receipts
$166,376
Mission and Program Overview

Mission

The corporation will primarily focus on economic development to include affordable housing development, job creation, entrepreneurial support, training, development of economic infrastructure, such as low-interest loans, credit union services, and partnerships in non-profit.

Program Services

DescriptionGrantsExpenses
TWO RIVERS CDC CONDUCTED SIX SMALL BUSINESS WORKSHOP AT SIX DIFFERENT TRIBAL RESERVATIONS. THESE WORKSHOP COVERED ISSUES RELATED TO STARTING AND GROWING A SMALL BUSINESS WITH EMPHASIS ON GOVERNMENT CONTRACTING. TWO RIVERS CDC PERSONNEL CONDUCTED MULTIPLE ONE-ON-ONE COUNSELING SESSIONS WITH SMALL BUSINESS OWNERS AS WELL AS PRESENTATIONS TO TRIBAL COUNCIL ON LEVERAGING TRIBAL GRANTS TO CREATE ADDITIONAL "FOR-PROFIT" REVENUES STREAMS.-$117,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAUCEY BREWINGTONPresident-$0--
LE ANNE BURKEBoard Member-$0--
LAWRENCE SPOTTEDBIRDBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Two Rivers Cdc
EIN
43-2065178
Phone
4258888787
Address
45053 SE 166TH ST, NORTH BEND, WA 98045

Signing Officer

Name
Daucey Brewington
Title
President
Phone
4258888787
Signed
2023-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Deborah S Larsen CPA Pllc
Address
144 WOODS ST, MONROE, WA 98272
Preparer
Deborah S Larsen
Phone
3607943148
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 149 computer & internet 402 telephone 2,520 travel 9,605 conferences & meetings 1,950 insurance 440 bank charges 188 licenses 100 total 15,354

Form 990-ez, Part II, Line 24

Investment in company 1,010 1,010 total 1,010 1,010

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 8,902 8,306 payroll liabilities 9,645 6,218 payroll clearing 28,559 18,342

Form 990-ez, Part III

The corporation will primarily focus on economic development to include affordable housing development, job creation, entrepreneurial support, training, development of economic infrastructure, such as low-interest loans, credit union services, and partnerships in non-profit.

Form 990-ez, Part III, Line 28

Two rivers cdc conducted six small business workshop at six different tribal reservations. These workshop covered issues related to starting and growing a small business with emphasis on government contracting. Two rivers cdc personnel conducted multiple one-on-one counseling sessions with small business owners as well as presentations to tribal council on leveraging tribal grants to create additional "for-profit" revenues streams.

Raw XML Appendix137 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DAUCEY BREWINGTON
IRS990EZ/BooksInCareOfDetail/PhoneNum04258888787
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045053 SE 166TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH BEND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098045
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt044050
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt078595
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0164876
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt048785
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08220
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045060
IRS990EZ/Form990TotalAssetsGrp/EOYAmt079605
IRS990EZ/GrossReceiptsAmt0166376
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-2046
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046739
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-2046
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046739
IRS990EZ/OccupancyRentUtltsAndMaintAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAUCEY BREWINGTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LE ANNE BURKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAWRENCE SPOTTEDBIRD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01010
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01010
IRS990EZ/OtherExpensesTotalAmt015354
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION WILL PRIMARILY FOCUS ON ECONOMIC DEVELOPMENT TO INCLUDE AFFORDABLE HOUSING DEVELOPMENT, JOB CREATION, ENTREPRENEURIAL SUPPORT, TRAINING, DEVELOPMENT OF ECONOMIC INFRASTRUCTURE, SUCH AS LOW-INTEREST LOANS, CREDIT UNION SERVICES, AND PARTNERSHIPS IN NON-PROFIT.
IRS990EZ/PrintingPublicationsPostageAmt0834
IRS990EZ/ProgramServiceRevenueAmt01500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TWO RIVERS CDC CONDUCTED SIX SMALL BUSINESS WORKSHOP AT SIX DIFFERENT TRIBAL RESERVATIONS. THESE WORKSHOP COVERED ISSUES RELATED TO STARTING AND GROWING A SMALL BUSINESS WITH EMPHASIS ON GOVERNMENT CONTRACTING. TWO RIVERS CDC PERSONNEL CONDUCTED MULTIPLE ONE-ON-ONE COUNSELING SESSIONS WITH SMALL BUSINESS OWNERS AS WELL AS PRESENTATIONS TO TRIBAL COUNCIL ON LEVERAGING TRIBAL GRANTS TO CREATE ADDITIONAL "FOR-PROFIT" REVENUES STREAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0117303
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt087183
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt047106
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt032866
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117591
IRS990EZ/TotalProgramServiceExpensesAmt0117303
IRS990EZ/TotalRevenueAmt0166376
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://WWW.TWORIVERSCDC.ORG/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0164876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt028000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088197
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0304359
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt088868
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0304359
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0164876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt028000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05225
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0304359
IRS990ScheduleA/TotalSupportAmt0304359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 149 COMPUTER & INTERNET 402 TELEPHONE 2,520 TRAVEL 9,605 CONFERENCES & MEETINGS 1,950 INSURANCE 440 BANK CHARGES 188 LICENSES 100 TOTAL 15,354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVESTMENT IN COMPANY 1,010 1,010 TOTAL 1,010 1,010
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,902 8,306 PAYROLL LIABILITIES 9,645 6,218 PAYROLL CLEARING 28,559 18,342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION WILL PRIMARILY FOCUS ON ECONOMIC DEVELOPMENT TO INCLUDE AFFORDABLE HOUSING DEVELOPMENT, JOB CREATION, ENTREPRENEURIAL SUPPORT, TRAINING, DEVELOPMENT OF ECONOMIC INFRASTRUCTURE, SUCH AS LOW-INTEREST LOANS, CREDIT UNION SERVICES, AND PARTNERSHIPS IN NON-PROFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TWO RIVERS CDC CONDUCTED SIX SMALL BUSINESS WORKSHOP AT SIX DIFFERENT TRIBAL RESERVATIONS. THESE WORKSHOP COVERED ISSUES RELATED TO STARTING AND GROWING A SMALL BUSINESS WITH EMPHASIS ON GOVERNMENT CONTRACTING. TWO RIVERS CDC PERSONNEL CONDUCTED MULTIPLE ONE-ON-ONE COUNSELING SESSIONS WITH SMALL BUSINESS OWNERS AS WELL AS PRESENTATIONS TO TRIBAL COUNCIL ON LEVERAGING TRIBAL GRANTS TO CREATE ADDITIONAL "FOR-PROFIT" REVENUES STREAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAUCEY BREWINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04258888787
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWO RIVERS CDC
ReturnHeader/Filer/BusinessNameControlTxt0TWOR
ReturnHeader/Filer/EIN0432065178
ReturnHeader/Filer/PhoneNum04258888787
ReturnHeader/Filer/USAddress/AddressLine1Txt045053 SE 166TH ST
ReturnHeader/Filer/USAddress/CityNm0NORTH BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098045
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832349510
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEBORAH S LARSEN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0144 WOODS ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098272
ReturnHeader/PreparerPersonGrp/PhoneNum03607943148
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBORAH S LARSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-22T15:34:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAUCEY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BREWINGTON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.80$0.55$1.62$1.54$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.33$0.47$1.66$1.18$0.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.47$0.02$1.11$1.07$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.17$0.06$0.93$1.01$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.07$0.02$0.18$0.19$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.01$0.03$0.05$0.75$0.70
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.03$0.73$6.12$5.85$0.27
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.24$0.46$8.19$7.90$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.36$0.17$8.72$9.08$0.36
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.37$0.53$9.50$9.54$0.04
2013Summary only. Only limited summary data is available for this year.$0.71$0.14$0.57$6.67$6.32$0.35
2012Summary only. Only limited summary data is available for this year.$0.00$0.32$1.34$1.66$0.32
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits