2015-02-11T08:57:09-06:00 2014-06-30 521223909 MCQUADE BRENNAN LLP 1730 RHODE ISLAND AVE NW STE 800 WASHINGTON DC 200363114 990 2013-07-01 412089357 TWO RIVERS PUBLIC CHARTER SCHOOL INC TWOR 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 SARAH RICHARDSON CFO 2025464477 2015-02-06 true EMILY Y POON P01583318 2022963306 2015-02-11 2013 2016-02-25 16:41:14Z JESSICA K WODATCH 1227 4TH STREET NE WASHINGTON DC 20002 9891698 false X WWW.TWORIVERSPCS.ORG X 2003 DC 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. 11 11 125 15 0 8589072 9752844 47866 68876 15992 12604 -12820 17489 8640110 9851813 0 0 5153851 6363637 0 122333 3152207 3086599 8306058 9450236 334052 401577 20395826 20625949 15134590 14963136 5261236 5662813 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. false false 8404475 68876 ESTABLISHED A PUBLIC CHARTER SCHOOL IN WASHINGTON, DC THAT IS OPEN TO ANY D.C. CHILD IN GRADES PRESCHOOL THROUGH GRADE 8. 8404475 true true false false false false false false false false true false false false true true true false true false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false true 36 0 true 125 true false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false X SARAH RICHARDSON 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 ANN GOSIER PRESIDENT 2.00 X X 0 0 0 KATHERINE DAWES SECRETARY 2.00 X X 0 0 0 MEGHAN STARK TREASURER 2.00 X X 0 0 0 PETER EVELETH TRUSTEE 2.00 X 0 0 0 JUSTIN JONES TRUSTEE 2.00 X 0 0 0 KINNY J MU TRUSTEE 2.00 X 0 0 0 ERIC SCOTT TRUSTEE 2.00 X 0 0 0 RYAN J HUSCHKA TRUSTEE 2.00 X 0 0 0 JANE TOBLER TRUSTEE 2.00 X 0 0 0 SENTHIL SANKARAN TRUSTEE 2.00 X 0 0 0 STEVEN LAFEMINA TRUSTEE 2.00 X 0 0 0 JESSICA WODATCH EXECUTIVE DI 40.00 X 116200 0 21392 SARAH RICHARDSON CFO 40.00 X 114178 0 10724 MARGARET BELLO ES PRINCIPAL 40.00 X 103104 0 10437 333482 42553 3 false false false PMM COMPANIES 15938 DERWOOD RAOD ROCKVILLE MD 20855 JAN SVC/FAC MGM 247982 CAPITOL KIDS THERAPY LLC 201 8TH ST NE SUITE 301 WASHINGTON DC 20002 SPEECH LANGUAGE 245479 MARION CONSTRUCTION INC 6408P SEVEN CORNERS PL FALLS CHURCH VA 22044 CONSTRUCTION SV 154138 REVOLUTION FOODS INC 8383 CAPWELL DRIVE OAKLAND CA 94621 FOOD SERVICE 140768 CONABOY & ASSOCIATES INC 900 2ND STREET NE WASHINGTON DC 20002 OCCUP THERAPY 116510 5 28150 9586042 138652 14306 9752844 UNIFORMS/SCHOOL STORE 900099 37782 37782 MEALS SALES 900099 17252 17252 SUPPLEMENTAL/LOCAL PROGRAMS 900099 13842 13842 68876 12604 12604 35778 28150 39885 -4107 -4107 MISCELLANEOUS 900099 21596 21596 21596 9851813 68876 30093 263281 224744 36569 1968 5161874 4407332 716010 38532 219856 187366 30831 1659 297144 253233 41669 2242 421482 359196 59105 3181 58008 38772 4426 14810 99152 66272 7565 25315 91270 61004 6964 23302 146465 144472 1659 334 70280 69324 796 160 458058 451827 5187 1044 34542 34542 86778 86778 442959 437998 4130 831 451572 445429 5114 1029 62164 58917 3011 236 DIRECT STUDENT EXPENSES 817896 817896 FOOD SERVICE FEES 145148 145148 ADMINISTRATION FEES 48516 48516 OTHER STAFF EXPENSES 20612 20612 53179 45097 392 7690 9450236 8404475 923428 122333 108103 49930 4636686 4595574 119992 302023 55703 19114 94034 164432 17712423 2474369 15122051 15238054 259257 256822 20395826 20625949 375673 609282 258917 197372 14500000 14078203 78279 15134590 14963136 X 5261048 5646204 188 16609 5261236 5662813 20395826 20625949 401577 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5454478 5454478 11003938 1708796 9295142 147034 147034 1017491 753751 263740 89482 11822 77660 15238054 INTEREST RATE SWAP 78279 78279 X 9894517 2819 39885 42704 9851813 9851813 9492940 2819 39885 42704 9450236 9450236 SCHEDULE D, PAGE 3, PART X TWO RIVERS PUBLIC CHARTER SCHOOL HAS ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. TWO RIVERS PUBLIC CHARTER 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 OPEN TAX YEARS (2010-2012), OR EXPECTED TO BE TAKEN IN ITS 2013 TAX RETURN. TWO RIVERS PUBLIC CHARTER 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 TWELVE MONTHS. SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENT EXPENSE 39,885 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSE 39,885 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 PUBLICIZED ITS NON-DISCRIMINATORY POLICIES THROUGH NEWSPAPER ADS, ORGANIZATIONAL WEBSITE, COMMUNITY NEWSLETTER, AND COMMUNITY MEETINGS. SCHEDULE E, LINE 6 THE SCHOOL RECEIVED THE FOLLOWING FROM GOVERNMENTAL AGENCIES: DC PUBLIC SCHOOLS LOCAL APPROPRIATION 8,823,552 SOAR FUNDING 242,167 US DEPARTMENT OF AGRICULTURE 134,402 US DEPARTMENT OF EDUCATION 628,088 GALA 63928 28150 35778 2626 2546 14464 1117 19132 63928 28150 35778 2626 2546 14464 1117 19132 39885 -4107 A DISTRICT OF COLUMBIA 536001131 2013-06-01 14500000 TO REFINANCE. false false false A 14500000 325521 260892 2013 false false false true A false false false false true false false A false false false false true false false false false FORM 990, PAGE 6, PART VI, LINE 11B THE CHIEF FINANCIAL OFFICER, EXECUTIVE DIRECTOR, AND THE TREASURER OF THE BOARD OF TRUSTEES REVIEW THE 990, AND IT IS DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PAGE 6, PART VI, 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 DELIBERATIONS WITH RESPECT TO THE CONTRACT, TRANSACTION, OR PROGRAM (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS PRIOR TO THE DISCUSSION). FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE TOP OFFICIAL IS DETERMINED ANNUALLY BY THE TWO RIVERS BOARD OF TRUSTEES. THE BOARD CONSIDERED PUBLICLY AVAILABLE GENERAL AND SPECIFIC INFORMATION RELATED TO COMPENSATION TRENDS IN THE LOCAL AND NATIONAL EDUCATION FIELD PROVIDED BY BOARD MEMBERS WITH SPECIFIC INDUSTRY EXPERTISE AND ROLES. OTHER BENCHMARK INFORMATION CONSIDERED BY THE BOARD OF TRUSTEES ARE FEDERAL GOVERNMENT EMPLOYMENT AND PRIVATE SECTOR COMPENSATION LEVELS AND TRENDS. THIS REVIEW TOOK PLACE IN SPRING 2014 FOR THE 2014-2015 SCHOOL YEAR (AND IN SPRING 2013 FOR THE 2013-2014 SCHOOL YEAR). FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD DETERMINES COMPENSATION DIRECTLY FOR THE EXECUTIVE DIRECTOR. SPECIFIC BENCHMARKS REVIEWED FOR OTHER KEY EMPLOYEES OF THE ORGANIZATION INCLUDE COMPENSATION FOR SIMILAR ROLES AT NEARBY PUBLIC SCHOOL SYSTEMS AND COMPENSATION OF OFFICIALS AT OTHER LOCAL CHARTER SCHOOLS AVAILABLE THROUGH PUBLICLY-AVAILABLE SOURCES OF INFORMATION. COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND BENCHMARKED ANNUALLY AND MANAGEMENT AND LEADERSHIP STAFF SALARY SCALES ARE USED TO DETERMINE SALARIES. THIS REVIEW TOOK PLACE DURING THE JANUARY TO MARCH TIME PERIOD OF 2014 FOR THE 2014- 2015 SCHOOL YEAR (AND IN JANUARY-MARCH 2013 FOR THE 2013-2014 SCHOOL YEAR). FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE WITH THE SCHOOL'S AUTHORIZER, THE D.C. PUBLIC CHARTER SCHOOL BOARD, WHO MAKES THE STATEMENTS AVAILABLE ON REQUEST. FORM 990, PART XI, LINE 9 SPECIAL EVENT EXPENSE 39,885 SPECIAL EVENT EXPENSE -39,885