2013-03-15T14:07:55-05:00 2012-06-30 952242818 VICENTI LLOYD & STUTZMAN LLP 2210 E ROUTE 66 SUITE 100 GLENDORA CA 91740 990 2011-07-01 201083443 TWIN RIVERS CHARTER SCHOOL TWIN 5307552872 840 COOPER AVE YUBA CITY CA 95991 RON ERNY 5307552872 2013-02-20 1 WADE MCMULLEN P00541671 6268577300 2011 2016-02-25 16:41:14Z RON ERNY 840 COOPER AVE YUBA CITY CA 95991 2384269 0 X WWW.TWINRIVERSCHARTERSCHOOL.ORG X 2004 CA OPERATES AS A CALIFORNIA CHARTER SCHOOL. 6 5 62 20 0 0 2097896 2252430 0 0 13193 21338 118215 110501 2229304 2384269 0 0 0 0 1098571 1247384 0 0 0 549219 793093 1647790 2040477 581514 343792 1423324 1860446 114560 207890 1308764 1652556 TWIN RIVERS CHARTER SCHOOL IS A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION AND OPERATES A CHARTER SCHOOL APPROVED BY THE YUBA CITY UNIFIED SCHOOL DISTRICT. 0 0 1596045 120029 A CHARTER SCHOOL PROVIDING EDUCATION OPPORTUNITIES TO THE SURROUNDING COMMUNITY 1596045 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 62 1 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 5307552872 840 COOPER AVE YUBA CITY CA 95991 RON ERNY 10.00 X X 0 0 0 HARRY HENDRIX 5.00 X X 0 0 0 LORI DENNEY 5.00 X X 0 0 0 MICHELL HARRINGTON 5.00 X X 0 0 0 INGE KARLSHOEJ 5.00 X 0 0 0 BOB LORETELLI 40.00 X 113517 0 26488 113517 0 26488 1 0 0 0 0 2242902 9528 2252430 21338 21338 OTHER REVENUE 900099 110501 110501 110501 2384269 110501 0 21338 163365 163365 834279 712633 121646 53868 53868 169553 154989 14564 26319 12538 13781 2427 2427 10185 10185 122449 122449 10799 10799 193413 193413 41876 11141 30735 9102 9102 BOOKS AND SUPPLIES 166935 166935 EXCESS COSTS 127163 127163 CAPITAL EXPENSES 108744 108744 2040477 1596045 444432 0 650506 962504 623946 763532 32183 26823 225864 118277 116689 107587 1423324 1860446 114560 207890 114560 207890 X 1308764 1652556 1308764 1652556 1423324 1860446 343792 0 X 0 1 0 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77607 16855 60752 148257 101422 46835 107587 2384269 2040477 343792 343792 2384269 0 2384269 0 2384269 2040477 0 2040477 0 2040477 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. THE SCHOOL HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE SCHOOLS CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE IS UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT (>50%) OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE TAX PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THE SCHOOL DOES NOT SOLICIT STUDENTS EXPLANATION OF DOCUMENT RETENTION SCHEDULE E, PART I, LINE 4 THE SCHOOL PROVIDES NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE. THERE ARE NO CATALOGS OR BROCHURES PREPARED AS STUDENTS ARE OBTAINED BY WORD OF MOUTH. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 TWIN RIVERS CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL PRINCIPALLY FUNDED BY CALIFORNIA AND FEDERAL MONIES RECEIVED THROUGH THE CALIFORNIA DEPARTMENT OF EDUCATION. FORM 990, PART VI, SECTION B, LINE 11 THE 990 RETURN IS REVIEWED BY THE BOARD PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OF DIRECTORS MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE PRINCIPAL/SUPERINTENDENT'S EMPLOYMENT AGREEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 THE SCHOOL PROVIDES A COPY OF THE 990 TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.