2020-02-17T09:43:41-06:00 2019-06-30 521853933 JONES MARESCA & MCQUADE PA 1730 RHODE ISLAND AVE NW SUITE 800 WASHINGTON DC 20036 990 2018-07-01 412089357 TWO RIVERS PUBLIC CHARTER SCHOOL INC TWOR 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 SARAH RICHARDSON CFO 2025464477 2020-02-14 1 DAVID JONES P01361002 2022963306 64.88.174.3 2020-02-14 10:07:40 ES P 3C3155FC485199F728C980AB5EC5DB38AD63B029 8135A10533E138772E75B7028466B6AE3A842BF5 2018 2020-09-23 17:36:50Z SARAH RICHARDSON 1227 4TH STREET NE WASHINGTON DC 20002 19474535 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. 13 13 173 25 0 0 16744028 19235588 111843 115085 45721 66447 16202 -4296 16917794 19412824 0 0 0 0 9660164 10925833 0 0 177689 6311455 6726653 15971619 17652486 946175 1760338 33862806 35222185 26886664 26903803 6976142 8318382 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 16170123 115085 OPERATED A PUBLIC CHARTER SCHOOL IN WASHINGTON, D.C. THAT IS OPEN TO ANY D.C. CHILD IN GRADES PRESCHOOL THROUGH GRADE EIGHT. 16170123 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 34 0 1 173 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2025464477 1227 4TH STREET NE WASHINGTON DC 20002 CLARA BOTSTEIN CHAIR 2.00 X X 0 0 0 JUSTIN VALENTINE VICE CHAIR 2.00 X X 0 0 0 ALI KHAWAR SECRETARY 2.00 X X 0 0 0 JASON S MILLER TREASURER 2.00 X X 0 0 0 GRACE ADUROJA TRUSTEE 2.00 X 0 0 0 ANN GOSIER TRUSTEE 2.00 2.00 X 0 0 0 ELI SCHLAM TRUSTEE 2.00 X 0 0 0 ADRIAN JORDAN TRUSTEE 2.00 X 0 0 0 STEPHEN SPAULDING TRUSTEE 2.00 X 0 0 0 REEM LABIB TYSON TRUSTEE 2.00 X 0 0 0 SENTHIL SANKARAN TRUSTEE 2.00 X 0 0 0 NICK RODRIGUEZ TRUSTEE 2.00 X 0 0 0 ANNE LACKRITZ TRUSTEE 2.00 X 0 0 0 LAURA JIMENEZ TURSTEE UNTIL SEP 2018 2.00 X 0 0 0 JESSICA WODATCH EXECUTIVE DIRECTOR AS OF AUG 2018 40.00 2.00 X 60015 0 8251 SARAH RICHARDSON CFO 40.00 2.00 X 126764 0 11640 DAVID NITKIN ED UNTIL AUG 2018 THEN CHIEF OF STAFF 40.00 X 108981 0 0 MARGARET BELLO CHIEF ACADEMIC OFFICER 40.00 X 133962 0 12197 CAROLINE MWENDWA-BAKER PRINCIPAL, ELEMENTARY SCHOOL 40.00 X 108707 0 5586 538429 0 37674 4 0 0 0 MCN BUILD LLC 1214 28TH ST NW WASHINGTON DC 20007 CONSTRUCTION 3329826 ALIGN STAFFING 7474 GREENWAY CTR DR 620 GREENBELT MD 20770 STAFFING AGENCY 481639 PMM COMPANIES 15938 DERWOOD ROAD ROCKVILLE MD 20855 JANITORIAL SERVICE 384196 REVOLUTION FOODS INC 8393 CAPWELL DRIVE SUITE 200 OAKLAND CA 94621 FOOD SERVICE 307552 CONABOY & ASSOCIATES INC 507 CAPITOL CT NE SUTE 100 WASHINGTON DC 20002 OCCUPATIONAL THERAPY SERVICE 272446 12 65954 18611360 558274 66543 19235588 PROGRAM SERVICE REVENUE 611710 115085 115085 115085 66447 66447 57415 65954 61711 -4296 -4296 19412824 115085 0 62151 427738 383906 39839 3993 8835912 7931215 822288 82409 270604 242582 25470 2552 660993 592544 62214 6235 730586 654931 68764 6891 449709 190444 258861 404 177672 176039 1240 393 121726 120622 838 266 1217187 1206147 8375 2665 501 501 1211125 1200140 8334 2651 1107872 1097823 7623 2426 77291 76590 532 169 DIRECT STUDENT COSTS 2032087 2032087 PROFESSIONAL DEVELOPMEN 180835 180835 DONATED GOODS 66543 66543 FEES AND LICENSES 43026 42638 296 92 41079 41079 17652486 16170123 1304674 177689 377489 335221 5671015 6327973 501907 540578 239480 259163 158685 102629 34591562 6993691 26815798 27597871 98432 58750 33862806 35222185 622151 680194 16846 0 12280712 11802339 13734782 13679809 232173 741461 26886664 26903803 X 6678798 7938709 0 0 297344 379673 6976142 8318382 33862806 35222185 1760338 -418098 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5454478 5454478 11311776 3158476 8153300 15799438 2161028 13638410 1154685 967417 187268 871185 706770 164415 27597871 DEFERRED RENTAL LIABILITY 214562 ACCRUED INTEREST 91565 INTEREST RATE SWAPS 435334 741461 X 19252211 -418098 195774 61711 -160613 19412824 0 19412824 17909971 195774 61711 257485 17652486 0 17652486 PART X, LINE 2: THE SCHOOL HAS ANALYZED ITS TAX POSITIONS AND HAS CONCLUDEED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS TAKEN ON THE RETURN FILED FOR THE YEAR ENDED JUNE 30, 2019. 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 TWELVE MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 61,711. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 61,711. 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 $16,649,986. SCHEDULE E, PART I, LINE 7 THE ORGANIZATION IS EXEMPT UNDER REV. PROC. 75-50. ANNUAL GALA 123369 65954 57415 1614 60097 123369 65954 57415 1614 60097 61711 -4296 X X X 0 0 0 0 0 0 0 0 0 A DISTRICT OF COLUMBIA 536001131 2013-06-01 14500000 TO REFINANCE 0 0 0 A 14500000 2016 0 0 0 1 A 0 0 0 0 1 0 0 A 0 0 0 0 1 0 0 0 1 A 0 X VARIOUS GOODS FOR FUNDRAISING AUCTION 124 66543 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): TWO RIVERS PCS REPORTS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF TRUSTEES, BY RESOLUTION ADOPTED BY A MAJORITY OF THE TRUSTEES IN OFFICE, MAY APPOINT ONE OR MORE COMMITTEES, EACH OF WHICH SHALL CONSIST OF TWO OR MORE TRUSTEES AND WHICH SHALL HAVE AND EXERCISE SUCH AUTHORITY AS SPECIFIED IN THE RESOLUTION. FORM 990, PART VI, SECTION B, 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, 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). THE CONFLICT OF INTEREST POLICY WAS REVIEWED AND SIGNED IN SEPTEMBER 2019. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES COMPENSATION DIRECTLY FOR THE EXECUTIVE DIRECTOR AND THE INTERIM EXECUTIVE DIRECTOR AS PART OF CONTRACT NEGOTIATIONS IN MAY 2017. SPECIFIC BENCHMARKS REVIEWED FOR OTHER OFFICERS AND EMPLOYEES OF THE ORGANIZATION INCLUDE COMPENSATION FOR SIMILAR ROLES AT NEARBY PUBLIC SCHOOL SYSTEMS, COMPENSATION OF OFFICIALS AT OTHER LOCAL CHARTER SCHOOLS AVAILABLE THROUGH PUBLICLY-AVAILABLE SOURCES OF INFORMATION AND COMPENSATION SURVEYS. COMPENSATION FOR EMPLOYEES IS REVIEWED AND BENCHMARKED ANNUALLY AND MANAGEMENT AND LEADERSHIP STAFF SALARY SCALES ARE USED TO DETERMINE SALARIES. THE LAST COMPENSATION REVIEW WAS APRIL, 2019. 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. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS AUDIT OVERSIGHT PROCESS OR ITS INDEPENDENT AUDITOR SELECTION PROCESS FROM THE PREVIOUS YEAR. TWO RIVERS - YOUNG QALICB LLC 1227 4TH STREET NE WASHINGTON DC 20002 810710603 REAL ESTATE HOLDING CORP DC 649586 14893450 TWO RIVERS PUBLIC CHARTER SCHOOL INC TWO RIVERS SUPPORTING CORP 1227 4TH STREET NE WASHINGTON DC 20002 810710739 TO ACQUIRE, HOLD, AND MANAGE ASSETS FOR USE BY TWO RIVERS PCS DC 501 (C) 509(A)(3) N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 TWO RIVERS SUPPORTING CORP P 158636 FMV TWO RIVERS SUPPORTING CORP Q 148500 FMV