2025-05-08T09:14:19-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2023-07-01 412089357 TWO RIVERS PUBLIC CHARTER SCHOOL INC TWOR 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 BELICIA REAVES EXECUTIVE DIRECTOR 2025464477 2025-05-05 1 1 ROBERT WILLIAMS P01345960 5712279500 2025-05-01 2023 2025-03-06 01:10:19Z BELICIA REAVES 1227 4TH STREET NE WASHINGTON DC 20002 28185309 0 X WWW.TWORIVERSPCS.ORG X 2003 DC TO NURTURE A DIVERSE GROUP OF STUDENTS TO BECOME LIFELONG, ACTIVE PARTICIPANTS IN THEIR EDUCATION, DEVELOP A SENSE OF SELF AND COMMUNITY, AND BECOME RESPONSIBLE AND COMPASSIONATE MEMBERS OF SOCIETY. 16 16 236 16 0 0 25521658 27768023 138955 4287 256199 296937 139452 116062 26056264 28185309 0 0 0 0 17391007 17762242 0 0 186936 11362956 10771833 28753963 28534075 -2697699 -348766 55494024 54537008 45446357 44780352 10047667 9756656 TWO RIVERS MISSION: TO NURTURE A DIVERSE GROUP OF STUDENTS TO BECOME LIFELONG, ACTIVE PARTICIPANTS IN THEIR OWN EDUCATION, DEVELOP A SENSE OF SELF AND COMMUNITY, AND BECOME RESPONSIBLE AND COMPASSIONATE MEMBERS OF SOCIETY. 0 0 26919944 120349 ESTABLISHED A PUBLIC CHARTER SCHOOL IN WASHINGTON, D.C. THAT IS OPEN TO ANY D.C. CHILD IN GRADES PRESCHOOL THROUGH GRADE EIGHT. 26919944 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 236 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X GAIL WILLIAMS 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 GREGG TREML CHAIR 2.00 0.00 X X 0 0 0 AHNNA SMITH VICE CHAIR 2.00 0.00 X X 0 0 0 KIMBERLY EDDINGS SECRETARY 2.00 0.00 X X 0 0 0 BEN ROBINS TREASURER 2.00 0.00 X X 0 0 0 ELLE CARNE TRUSTEE 2.00 0.00 X 0 0 0 LAUREN HAMILTON-EDWARD TRUSTEE 2.00 0.00 X 0 0 0 ELAINE HOU TRUSTEE 2.00 0.00 X 0 0 0 MALIK HUSSER TRUSTEE 2.00 0.00 X 0 0 0 ALVINCENT HUTSON TRUSTEE 2.00 0.00 X 0 0 0 JOHN PHILLIPS TRUSTEE 2.00 0.00 X 0 0 0 DEREK PIERCE TRUSTEE 2.00 0.00 X 0 0 0 JESSICA PROFFITT TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL MURPHY TRUSTEE 2.00 0.00 X 0 0 0 ERIN SHEEHY TRUSTEE 2.00 0.00 X 0 0 0 CARA WILLIAMS TRUSTEE 2.00 0.00 X 0 0 0 ASWATHI ZACHARIAH TRUSTEE 2.00 0.00 X 0 0 0 BELICIA REAVES EXECUTIVE DIRECTOR 40.00 0.00 X 79607 0 4078 KENNETH MCCANTS-PEARSALL CAO 40.00 0.00 X 118623 0 9615 AURORA STEINLE CHIEF OF STAFF 40.00 0.00 X 159871 0 27180 GAIL WILLIAMS COO 40.00 0.00 X 149451 0 20826 ASHLEY STONE PRINCIPAL 40.00 0.00 X 119677 0 7844 MEGAN DERITTER PRINCIPAL 40.00 0.00 X 117688 0 18387 744917 0 87930 19 0 1 0 ALIGN STAFFING 1910 TOWNE CENTER BLVD SUITE 250 ANNAPOLIS MD 21401 SPECIAL EDU. SERVICES & SUBSTITUTE SERVI 1230331 BUSY BEE ENVIRONMENTAL SERVICES 7826 EASTERN AVE SUITE 503 WASHINGTON DC 20012 JANITORIAL SERVICES 530803 LUNCHERAS DI SI LLC 703 EDGEWOOD NE WASHINGTON DC 20017 FOOD SERVICE 373714 TEACHERS ON DEMAND 8735 DUNWOODY PLACE SUITE R ATLANTA GA 30350 SPECIAL EDU. SERVICES & SUBSTITUTE SERVI 307261 COLE PEDIATRIC THERAPY 650 PENNSYLVANIA AVE SE SUITE 240 WASHINGTON DC 20003 OT/PT/SLP THERAPY SERVICES 264544 10 27486422 281601 27768023 PROGRAM SERVICE REVENUE 611710 4287 4287 4287 296937 296937 116062 0 116062 116062 28185309 120349 0 296937 195734 178119 15658 1957 14682538 13423336 1140314 118888 528113 479283 44224 4606 1251280 1135616 104734 10930 1104577 1002495 92423 9659 23491 23491 292358 292358 185517 180667 2046 2804 246602 244216 1007 1379 402877 398978 1645 2254 1625554 1609825 6635 9094 837 837 1859847 1841853 7591 10403 2255049 2233232 9204 12613 113796 112696 464 636 DIRECT STUDENT COSTS 2935913 2935913 PROFESSIONAL DEVELOPMEN 314062 314062 AUTHORIZER FEES 261205 258678 1066 1461 OTHER STAFF EXPENSES 148049 148049 106676 106240 184 252 28534075 26919944 1427195 186936 495637 50427 12703264 14256205 566278 326371 254773 11413 459295 326398 54130674 14768770 40632139 39361904 382638 204290 55494024 54537008 1167351 1178712 88934 41338 43406616 42746499 783456 813803 45446357 44780352 X 10047667 9738656 18000 10047667 9756656 55494024 54537008 -348766 57755 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5454478 5454478 12671021 4724597 7946424 34096340 8643640 25452700 1032980 707009 325971 875855 693524 182331 39361904 OPERATING LEASE LIABILITY 653040 ACCRUED INTEREST 160763 813803 X 28243064 57755 57755 28185309 0 28185309 28534075 0 28534075 0 28534075 PART X, LINE 2: THE SCHOOL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE SCHOOL IS CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(L). THE QALICB IS A DISREGARDED ENTITY FOR TAX PURPOSES AND ALL ITS ACTIVITY IS INCLUDED IN THE SCHOOL'S INFORMATIONAL RETURN. THE SCHOOL HAS ADOPTED THE ACCOUNTING OF UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FASB ASC. THE TOPIC REQUIRES THE SCHOOL TO DETERMINE WHETHER A TAX POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE SCHOOL HAS ANALYZED ITS TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE SCHOOL IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THAT THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT 12 MONTHS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 SCHEDULE E, PART I, LINE 3 PUBLICIZED ITS NON-DISCRIMINATORY POLICIES THROUGH NEWSPAPER ADS, ORGANIZATIONAL WEBSITE, COMMUNITY NEWSLETTER, AND COMMUNITY MEETINGS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED THE FOLLOWING FROM GOVERNMENTAL AGENCIES, DC PUBLIC SCHOOLS LOCAL APPROPRIATION $27,486,422 SCHEDULE E, PART I, LINE 7 THE ORGANIZATION IS EXEMPT UNDER REV. PROC. 75-50. X X X 0 0 0 0 0 0 0 1 0 AURORA STEINLE CHIEF OF STAFF 149871 0 10000 0 0 0 14857 0 12323 0 187051 0 0 0 GAIL WILLIAMS COO 146451 0 3000 0 0 0 13130 0 7696 0 170277 0 0 0 PART I, LINE 7 ALL OFFICERS AND HIGHEST COMPENSATED EMPLOYEES RECEIVED BONUSES IN CALENDAR YEAR 2023. BONUSES ARE BASED ON MERIT. GAIL WILLIAMS, COO ($3,000) KENNETH MCCANTS-PEARSALL, CAO ($7,500) MEGAN DERITTER, PRINCIPAL ($2,750) ASHLEY STONE, PRINCIPAL ($2,500) AURORA STEINLE, CHIEF OF STAFF ($10,000) A DISTRICT OF COLUMBIA 536001131 2013-06-01 14500000 TO REFINANCE 0 0 0 B DISTRICT OF COLUMBIA 536001131 25483VXS8 2020-10-26 45411244 TO REFINANCE 0 0 0 A 14500000 2016 0 0 1 1 B 10690000 2524150 917300 908224 30417076 2785000 2020 1 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND THE ISSUE PRICE LISTED IN PART I, COLUMN (E) OF $4,721,244 IS RELATED TO THE NET PREMIUM OF THE BOND ISSUED. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF OPERATING OFFICER, THE EXECUTIVE DIRECTOR, AND THE TREASURER OF THE BOARD OF TRUSTEES REVIEW THE 990, AND IT IS THEN DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C FOR EACH PROCUREMENT ABOVE $10,000 MADE BY THE SCHOOL, THE BOARD DISCLOSES ANY POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT (I) VOTE ON, (II) USE HIS OR HER PERSONAL INFLUENCE ON, (III) BE PRESENT DURING ANY BOARD DISCUSSION OR DELIBERATIONS WITH RESPECT TO, OR (IV) BE PRESENT DURING ANY COMMITTEE OR SUBCOMMITTEE DISCUSSION OR DELIBERATION WITH RESPECT TO THE CONTRACT, TRANSACTION, OR PROGRAM (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO REPSOND TO QUESTIONS PRIOR TO THE DISCUSSION). FORM 990, PART VI, SECTION B, LINE 15 TWO RIVERS CONTRACTS WITH AND PARTICIPATES IN EDFUEL'S COMPENSATION STUDY TO DETERMINE SALARY SCALES FOR THE EXECUTIVE DIRECTOR AND SENIOR STAFF. THE LATEST STUDIES WERE COMPLETED IN 2021 AND 2023. THE DATA FROM THE COMPENSATION STUDY IS PROVIDED TO THE BOARD'S EXECUTIVE TEAM, WHICH DETERMINES THE EXECUTIVE DIRECTOR'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.