2026-05-15T10:12:26-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-07-01 412089357 TWO RIVERS PUBLIC CHARTER SCHOOL INC TWOR 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 BELICIA REAVES EXECUTIVE DIRECTOR 2025464477 2026-05-12 1 1 CHICHI MSANGI P01972113 5712279500 2026-05-12 2024 2025-03-06 01:10:19Z BELICIA REAVES 1227 4TH STREET NE WASHINGTON DC 20002 31303912 0 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. 15 15 235 17 0 0 27768023 30671295 4287 3200 296937 516378 116062 45258 28185309 31236131 0 0 0 0 17762242 18968577 0 0 202796 10771833 11045582 28534075 30014159 -348766 1221972 54537008 55492091 44780352 44380671 9756656 11111420 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 28175005 0 110739 ESTABLISHED A PUBLIC CHARTER SCHOOL IN WASHINGTON, D.C. THAT IS OPEN TO ANY D.C. CHILD IN GRADES PRESCHOOL THROUGH GRADE EIGHT. 28175005 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 0 0 0 1 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 39 0 1 235 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X GAIL WILLIAMS 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 GREGG TREML CHAIR 2.00 0.00 X X 0 0 0 ERIN SHEEHY VICE CHAIR AS OF JULY 2024 2.00 0.00 X X 0 0 0 ELLE CARNE SECRETARY AS OF JULY 2024 2.00 0.00 X X 0 0 0 BEN ROBINS TREASURER 2.00 0.00 X X 0 0 0 FAISAL AWWAL TRUSTEE AS OF OCT. 2024 2.00 0.00 X 0 0 0 KIMBERLY EDDINGS 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 AHNNA SMITH TRUSTEE AS OF JULY 2024 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 188864 0 23414 GAIL WILLIAMS COO 40.00 0.00 X 167176 0 49619 AQUEELHA JAMES CAO 40.00 0.00 X 156737 0 9941 MEGAN DERITTER PRINCIPAL 40.00 0.00 X 132186 0 28484 ASHLEY STONE PRINCIPAL 40.00 0.00 X 127018 0 27182 RACHEL CLEMENT SPECIAL EDUCATION TEACHER 40.00 0.00 X 107586 0 31157 TARIK CRANSTON LEAD TEACHER 40.00 0.00 X 114137 0 35521 MARY GORNICK SENIOR DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 114150 0 37037 1107854 0 242355 18 0 1 0 STAFFVENGERS 4500 FORBES BLVD LANHAM MD 20706 SPECIAL EDUCATION AND SUBSTITUTE SERVICE 591287 WHITSONS FOOD SERVICE BRONX LLC 1800 MOTOR PARKWAY ISLANDIA NY 11749 FOOD SERVICES 536854 ALIGNSTAFFING 1910 TOWNE CENTER BLVD SUITE 250 ANNAPOLIS MD 21401 SPECIAL EDUCATION AND SUBSTITUTE SERVICE 483836 TEACHERS ON DEMAND 8735 DUNWOODY PLACE SUITE R ATLANTA GA 30350 SPECIAL EDUCATION AND SUBSTITUTE SERVICE 454246 BRADCORP SERVICES INC 7150 CHESAPEAKE RD STE 103 HYATTSVILLE MD 20784 JANITORIAL SERVICES 439163 11 55213 30269609 346473 4674 30671295 PROGRAM SERVICE REVENUE 611710 3200 3200 3200 516378 516378 5500 55213 67781 -62281 -62281 107539 0 107539 107539 31236131 110739 0 454097 638382 580927 51072 6383 15180636 13778489 1275744 126403 581053 524386 51581 5086 1295233 1169076 114792 11365 1273273 1149635 112404 11234 38465 38465 253856 253856 76227 72006 1781 2440 336340 333086 1372 1882 470417 465866 1920 2631 1758029 1741020 7175 9834 374 374 1842547 1824721 7521 10305 2219685 2198210 9059 12416 100464 99492 410 562 DIRECT STUDENT COSTS 3034751 3034751 PROFESSIONAL DEVELOPMEN 338665 338665 AUTHORIZER FEES 306323 303360 1250 1713 OTHER STAFF EXPENSES 133871 133871 135568 134749 277 542 30014159 28175005 1636358 202796 50427 50502 14256205 15298924 326371 380222 11413 1668618 326398 522775 54161258 16768761 39361904 37392497 204290 178553 54537008 55492091 1178712 1458725 41338 9837 42746499 42066383 813803 845726 44780352 44380671 X 9738656 11015492 18000 95928 9756656 11111420 54537008 55492091 1221972 132792 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5454478 5454478 12687112 5075143 7611969 34211552 10219942 23991610 1032486 772464 260022 775630 701212 74418 37392497 OPERATING LEASE LIABILITY 686451 ACCRUED INTEREST 159275 845726 X 31436704 132792 132792 31303912 -67781 -67781 31236131 30081940 67781 67781 30014159 0 30014159 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, 2025 AND 2024. 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -67,781. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 67,781. 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 $30,269,610 SCHEDULE E, PART I, LINE 7 THE ORGANIZATION IS EXEMPT UNDER REV. PROC. 75-50. ANNUAL GALA 47235 41735 5500 27714 14181 25467 FANTASTIC VOYAGE 13478 13478 419 60713 55213 5500 27714 14181 25886 67781 -62281 X X X 0 0 0 0 0 0 0 1 0 GAIL WILLIAMS COO 154176 0 13000 0 0 0 15528 0 34091 0 216795 0 0 0 BELICIA REAVES EXECUTIVE DIRECTOR 182529 0 6335 0 0 0 11334 0 12080 0 212278 0 0 0 AQUEELHA JAMES CAO 150237 0 6500 0 0 0 4702 0 5239 0 166678 0 0 0 MEGAN DERITTER PRINCIPAL 125686 0 6500 0 0 0 11903 0 16581 0 160670 0 0 0 ASHLEY STONE PRINCIPAL 127018 0 0 0 0 0 11275 0 15907 0 154200 0 0 0 MARY GORNICK SENIOR DIRECTOR OF HUMAN RESOURCES 114150 0 0 0 0 0 10544 0 26493 0 151187 0 0 0 PART I, LINE 7 ALL OFFICERS AND HIGHEST COMPENSATED EMPLOYEES RECEIVED BONUSES IN CALENDAR YEAR 2024. BONUSES ARE BASED ON MERIT. GAIL WILLIAMS, COO ($13,000) ALQUEELHA JAMES, CAO ($6,500) MEGAN DERITTER, PRINCIPAL $6,500) AURORA STEINLE, CHIEF OF STAFF ($1,000) BELICIA REEVVES, EXECUTIVE DIRECTOR ($6,335) 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 DATA FROM THE COMPENSATION STUDY IS PROVIDED TO THE BOARD'S EXECUTIVE TEAM, WHICH DETERMINES THE EXECUTIVE DIRECTOR'S SALARY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. 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.