TWO RIVERS COMMUNITY SCHOOL: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: TWO RIVERS COMMUNITY SCHOOL (EIN 20-0726895)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2021-12-27
IRS object ID: 202240079349302259
Schema version: 2020v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-12-27T08:06:50-06:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	202102404	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PETWAY MILLS & PEARSON PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1036	AddressLine1Txt
City	ZEBULON	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	275971036	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	200726895	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TWO RIVERS COMMUNITY SCHOOL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TWOR	BusinessNameControlTxt
Phone	8282625411	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1018 ARCHIE CARROLL ROAD	AddressLine1Txt
City	BOONE	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28607	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROSEMARY WEB	PersonNm
Person Title	CHAIR	PersonTitleTxt
Phone	8282877897	PhoneNum
Signature	2021-12-18	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ROSE MARY	PersonFirstNm
Person Last	WEBB	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAMES A RIDOUTT	PreparerPersonNm
PTIN	P00394550	PTIN
Phone	9192697405	PhoneNum
Preparation	2021-12-18	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ROSEMARY WEB	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1018 ARCHIE CARROLL RD	AddressLine1Txt
City	BOONE	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	28607	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,868,415	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	HTTP://TWORIVERSCOMMUNITYSCHOOL.NET	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2004	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	OPERATION OF A PUBLIC CHARTER SCHOOL	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	32	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$98,813	PYContributionsGrantsAmt
CY Contributions Grants	$148,832	CYContributionsGrantsAmt
PY Program Service Revenue	$1,471,983	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,693,787	CYProgramServiceRevenueAmt
PY Investment Income	$196	PYInvestmentIncomeAmt
CY Investment Income	$52	CYInvestmentIncomeAmt
PY Other Revenue	$39,639	PYOtherRevenueAmt
CY Other Revenue	$25,744	CYOtherRevenueAmt
PY Total Revenue	$1,610,631	PYTotalRevenueAmt
CY Total Revenue	$1,868,415	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,149,266	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,145,991	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$349,012	PYOtherExpensesAmt
CY Other Expenses	$420,153	CYOtherExpensesAmt
PY Total Expenses	$1,498,278	PYTotalExpensesAmt
CY Total Expenses	$1,566,144	CYTotalExpensesAmt
PY Revenues Less Expenses	$112,353	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$302,271	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,398,938	TotalAssetsBOYAmt
Total Assets EOY	$1,619,974	TotalAssetsEOYAmt
Total Liabilities BOY	$3,141,371	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$3,060,138	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$1,742,433	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$1,440,164	NetAssetsOrFundBalancesEOYAmt
Mission	OPERATION OF A PUBLIC CHARTER SCHOOL	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$1,175,424	ExpenseAmt
Revenue	$1,693,787	RevenueAmt
Desc	OPERATED AS A CHARTER SCHOOL IN BOONE, NC SERVING APPROXIMATELY 171 STUDENTS FOR THE FISCAL YEAR ENDED 6/30/21.	Desc
Total Program Service Expenses	$1,175,424	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	9	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	32	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	ACADIA NORTHSTAR	PersonNm
Phone	9199547040	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5029 FALLS OF NEUSE	AddressLine1Txt
City	RALEIGH	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27609	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ROSEMARY WEB
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
APRIL FLANDERS
VICE CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
MELISSA THOMAS
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
LAURA FONSECA
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
PAUL FOX
MEMBER	0.75	Yes (X)		$0	$0	$0
DAWN SHUMATE
MEMBER	0.75	Yes (X)		$0	$0	$0
KRISTINE MARTIN
MEMBER	0.75	Yes (X)		$0	$0	$0
TARA STOLLENMAIER
MEMBER		Yes (X)		$0	$0	$0
NATALIE ORANSKY
EXECUTIVE DI	40.00		Yes (X)	$0	$63,981	$0

Field	Value	IRS element (for citing)
Tot Reportable Comp Rltd Org	$63,981	TotReportableCompRltdOrgAmt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Government Grants	$144,773	GovernmentGrantsAmt
All Other Contributions	$4,059	AllOtherContributionsAmt
Total Contributions	$148,832	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
STATE OF NORTH CAROLINA	$1,225,876	$1,225,876
LOCAL EDUCATION AGENCIES	$465,784	$465,784
BEFORE & AFTER SCHOOL CARE	$2,127	$2,127

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,693,787	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$52	TotalRevenueColumnAmt
Exclusion	$52	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$13,370	FundraisingGrossIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,370	TotalRevenueColumnAmt
Exclusion	$13,370	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SALES TAX REFUND	$9,023	$9,023
VARIOUS	$3,351		$3,351

Field	Value	IRS element (for citing)
Other Revenue Total	$12,374	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,868,415	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,697,138	RelatedOrExemptFuncIncomeAmt
Exclusion	$22,445	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$60,650	TotalAmt
Management And General	$60,650	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$821,291	TotalAmt
Program Services	$791,291	ProgramServicesAmt
Management And General	$30,000	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$92,380	TotalAmt
Program Services	$82,902	ProgramServicesAmt
Management And General	$9,478	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$107,090	TotalAmt
Program Services	$96,103	ProgramServicesAmt
Management And General	$10,987	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$64,580	TotalAmt
Program Services	$57,954	ProgramServicesAmt
Management And General	$6,626	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$7,786	TotalAmt
Management And General	$7,786	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$143,223	TotalAmt
Program Services	$45,719	ProgramServicesAmt
Management And General	$97,504	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,267	TotalAmt
Management And General	$2,267	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$17,670	TotalAmt
Program Services	$6,233	ProgramServicesAmt
Management And General	$11,437	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$46,714	TotalAmt
Program Services	$41,568	ProgramServicesAmt
Management And General	$5,146	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$95,299	TotalAmt
Management And General	$95,299	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$14,868	TotalAmt
Management And General	$14,868	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$11,130	TotalAmt
Program Services	$11,130	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,310	TotalAmt
Management And General	$5,310	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$14,247	TotalAmt
Program Services	$10,685	ProgramServicesAmt
Management And General	$3,562	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$16,533	TotalAmt
Management And General	$16,533	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SUPPLIES	$20,771	$20,771
FUNDRAISING EXPENSES	$9,161	$9,161
SALES & USE TAX	$9,023		$9,023
FOOD PURCHASE	$1,542	$98	$1,444

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,609	TotalAmt
Program Services	$1,809	ProgramServicesAmt
Management And General	$2,800	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,566,144	TotalAmt
Program Services	$1,175,424	ProgramServicesAmt
Management And General	$390,720	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$425,685	BOYAmt
EOY	$579,679	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$27,326	BOYAmt
EOY	$58,740	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,402	BOYAmt
EOY	$5,464	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,416	BOYAmt
EOY	$9,577	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$866,657	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$317,641	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$563,265	BOYAmt
EOY	$549,016	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$377,844	BOYAmt
EOY	$417,498	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,398,938	BOYAmt
EOY	$1,619,974	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,179	BOYAmt
EOY	$5,739	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$107,101	BOYAmt
EOY	$90,830	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,029,091	BOYAmt
EOY	$2,963,569	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,141,371	BOYAmt
EOY	$3,060,138	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$1,744,601	BOYAmt
EOY	-$1,440,164	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,168	BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$1,742,433	BOYAmt
EOY	-$1,440,164	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,398,938	BOYAmt
EOY	$1,619,974	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$302,271	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	-$2	PriorPeriodAdjustmentsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$10,838	BeginningYearBalanceAmt
Contributions	$11,260	ContributionsAmt
Investment Earnings Or Losses	$4,788	InvestmentEarningsOrLossesAmt
Administrative Expenses	$867	AdministrativeExpensesAmt
End Year Balance	$26,019	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$10,392	BeginningYearBalanceAmt
Investment Earnings Or Losses	$707	InvestmentEarningsOrLossesAmt
Administrative Expenses	$261	AdministrativeExpensesAmt
End Year Balance	$10,838	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$10,000	BeginningYearBalanceAmt
Investment Earnings Or Losses	$498	InvestmentEarningsOrLossesAmt
Administrative Expenses	$106	AdministrativeExpensesAmt
End Year Balance	$10,392	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Contributions	$10,000	ContributionsAmt
End Year Balance	$10,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	1.00000	BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$292,122	OtherCostOrOtherBasisAmt
Book Value	$292,122	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$407,354	OtherCostOrOtherBasisAmt
Depreciation	$150,735	DepreciationAmt
Book Value	$256,619	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,741	OtherCostOrOtherBasisAmt
Depreciation	$8,741	DepreciationAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$122,366	OtherCostOrOtherBasisAmt
Depreciation	$122,091	DepreciationAmt
Book Value	$275	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$36,074	OtherCostOrOtherBasisAmt
Depreciation	$36,074	DepreciationAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$549,016	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDesc	Book ValueBookValueAmt
PENSION & OPEB DEFERRALS	$238,109
C/Y CONTRIBUTIONS TO PENSION PLAN	$121,212
C/Y CONTRIBUTIONS TO OPEB PLAN	$54,783
NET DIPNC ASSET	$2,656
C/Y CONTRIBUTIONS TO DIPNC PLAN	$738

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$417,498	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
NET OPEB LIABILITY	$1,341,554
OPEB DEFERRALS	$859,935
NET PENSION LIABILITY	$735,794
PENSION DEFERRALS	$25,093
DIPNC DEFERRALS	$1,193

Field	Value	IRS element (for citing)
Total Liability	$2,963,569	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$1,868,415	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$1,868,415	RevenueSubtotalAmt
Total Revenue Per Form990	$1,868,415	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,566,144	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$1,566,144	ExpensesSubtotalAmt
Total Expenses Per Form990	$1,566,144	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE D, PAGE 2, PART V, LINE 4	FormAndLineReferenceDesc
Explanation	SUPPORT SCHOOL OPERATIONS AND FUTURE CONSTRUCTION	ExplanationTxt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, LINE 3	TWO RIVERS COMMUNITY SCHOOL OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
SCHEDULE E, LINE 6	6A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11B	990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND PROVIDED TO BOARD PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C	CONFLICT OF INTEREST POLICY IS INFORMALLY MONITORED. POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AND RESOLVED BY THE BOARD OF DIRECTORS. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING ON ANY ISSUE THAT PRESENTS A POSSIBLE CONFLICT OF INTEREST.
FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS, SCHOOL POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE UPON REQUEST.