2012-11-09T14:37:20-06:00 2012-06-30 521223909 MCQUADE BRENNAN LLP 1730 RHODE ISLAND AVE NW 800 WASHINGTON DC 20036 990 2011-07-01 412089357 TWO RIVERS PUBLIC CHARTER SCHOOL INC TWOR 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 PAM JACKSON 2025464477 2012-11-09 1 HEATHER JONES P01620597 2022963306 2011 2016-02-24 21:20:13Z PAM JACKSON 1227 4TH STREET NE WASHINGTON DC 20002 8028402 0 X WWW.TWORIVERSPCS.ORG X 2003 DC OPERATE A PUBLIC CHARTER SCHOOL IN THE DISTRICT OF COLUMBIA, GRADES PRESCHOOL THROUGH 8 9 9 120 9 0 0 7103030 7887945 63962 54585 12911 15295 26881 40877 7206784 7998702 0 0 0 0 4092978 4750169 0 0 54688 2844692 2812828 6937670 7562997 269114 435705 19098328 19257001 14606849 14329817 4491479 4927184 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 7105289 54585 ESTABLISHED A PUBLIC CHARTER SCHOOL IN WASHINGTON, DC THAT IS OPEN TO ANY D.C. CHILD IN GRADES PRESCHOOL THROUGH GRADE 8 7105289 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 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 1 19 0 1 120 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SARAH RICHARDSON CFO 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 ANN GOSIER 2.00 X X 0 0 0 KATHERINE DAWES 2.00 X X 0 0 0 PAM JACKSON 2.00 X X 0 0 0 ANDREA COOPER 2.00 X 0 0 0 PETER EVELETH 2.00 X 0 0 0 JUSTIN JONES 2.00 X 0 0 0 KINNY MU 2.00 X 0 0 0 MEGHAN STARK 2.00 X 0 0 0 ERIC SCOTT 2.00 X 0 0 0 JESSICA WODATCH 40.00 X 101403 0 15166 SARAH RICHARDSON 20.00 X 42086 0 3667 143489 0 18833 1 0 0 0 0 7752076 135869 7887945 UNIFORMS/SCHOOL STORE 900099 26707 26707 MEALS SALES 900099 15424 15424 SUPPLEMENTAL/LOCAL PRO 900099 12454 12454 54585 15295 15295 70444 29700 40744 40744 MISCELLANEOUS 900099 133 133 133 7998702 54585 0 56172 173586 158087 14035 1464 3835839 3494296 309283 32260 175577 159578 14488 1511 238160 216458 19652 2050 327007 297209 26983 2815 7889 7798 75 16 93860 92781 893 186 84909 73889 244 10776 142745 141105 1358 282 454976 449749 4327 900 234 234 734962 726518 6991 1453 458127 452864 4357 906 28615 28286 272 57 DIRECT STUDENT EXPENSES 610836 610836 FOOD SERVICE FEES 124269 124269 ADMINISTRATION FEES 34943 34943 OTHER GENERAL EXPENSE 20592 20591 1 15871 15798 61 12 7562997 7105289 403020 54688 284390 302765 2513680 3302787 356188 120800 206 125030 119792 16955436 1654668 15667649 15300768 151391 109883 19098328 19257001 348730 301512 195423 47480 14062696 13980825 14606849 14329817 X 4479885 4919177 11594 8007 4491479 4927184 19098328 19257001 435705 0 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5454478 5454478 10792305 1150111 9642194 708653 504557 204096 15300768 7998702 7562997 435705 435705 8070031 41629 29700 71329 7998702 0 7998702 7634326 41629 29700 71329 7562997 0 7562997 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL HAS ADOPTED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE INCOME TAXES TOPIC (TOPIC 740) OF THE FASB ACCOUNTING STANDARDS CODIFICATION. TOPIC 740 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 TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS MORE THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WHICH COULD RESULT IN THE SCHOOL RECORDING A TAX LIABILITY THAT WOULD REDUCE ITS NET ASSETS 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 OPEN TAX YEARS (2008-2010), OR EXPECTED TO BE TAKEN IN ITS 2011 TAX RETURN. THE SCHOOL IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT BELIEVES THERE IS A REASONABLE POSSIBILITY THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 29,700. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 29,700. 1 1 1 1 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 PUBLICIZED ITS NON-DISCRIMINATORY POLICIES THROUGH NEWSPAPER ADS, ORGANIZATIONAL WEBSITE, COMMUNITY NEWSLETTER, AND COMMUNITY MEETINGS. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED THE FOLLOWING FROM GOVERNMENTAL AGENCIES: DISTRICT OF COLUMBIA PUBLIC SCHOOLS LOCAL APPROPRIATION $7,029,872 DISTRICT OF COLUMBIA NCLB PROGRAM $442,317 US DEPARTMENT OF AGRICULTURE $70,233 US CONGRESSIONAL FACILITIES APPROPRIATION $88,194 US CONGRESSIONAL REPLICATION AND EXPANSION GRANT $39,111 US CONGRESSIONAL QUALIFIED SCHOOL INCENTIVE GRANT $16,832 US CONGRESSIONAL TEACHERS COMPENSATION GRANT $65,528 GALA 70444 70444 29700 70444 70444 29700 29700 40744 FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER 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, 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 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, PART VI, SECTION B, LINE 15 EXECUTIVE AND KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES, AND RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION C, 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.