Two Rivers Community School FY2020 filing

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Operation of a public charter school.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0726895) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$56K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $289K a year · 15% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
77% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$56K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
3.6 mo
of spending, in cash
3.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$3.1M
225% of total assets
Liabilities are 225% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.6M
Spent
$1.5M
To programs
77%
Net assets
−$1.7M
By yearFY2020–FY2025
Revenue
$1.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$1.9M
FY2022$2.0M
FY2023$1.9M
FY2024$2.1M
FY2025$2.1M
Expenses
$1.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$1.6M
FY2022$1.5M
FY2023$1.5M
FY2024$1.9M
FY2025$1.9M
Net assets
−$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.7M
FY2021−$1.4M
FY2022−$1.0M
FY2023−$598K
FY2024−$365K
FY2025−$120K

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $1.2M Management & general 23% · $347K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $56K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Di
$56,292Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Natalie Oransky Non Voting’s $68K as Executive Director is at the 13th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2020
Natalie Oransky Non Voting$67,607——
Natalie Oransky Non-Voting—$67,607—
Natalie Oransky——$56,292

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Two Rivers Community School executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates students through a public charter school.

Questions for Two Rivers Community School

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1 program · $1.2M · in their own filed words · FY2019
01

Operated as a charter school in boone, NC serving approximately 180 students for the fiscal year ended 6/30/20.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 20-0726895) · Dispute this line
$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.5M
Gifts and grantsLn 1h$99K
Other incomeLn 4–11$40K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.2M
Managementcol C$347K
Owns and owesPt X
−$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$453K
Total assetsLn 16$1.4M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$99K
Government grantsLn 1e$91K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$196
Other incomeLn 4–11$40K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$426K
SavingsLn 2$27K
Cash and savings togetherLn 1–2$453K
Accounts receivableLn 4$2K
Prepaid expenses and deferred chargesLn 9$2K
Land, buildings, equipmentLn 10c$563K
Other assetsLn 15$378K
Total assetsLn 16$1.4M
LiabilitiesLn 26$3.1M
Net assetsLn 32−$1.7M
OperationsPt I, VI
EmployeesI 555
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY20FY19FY18
End of yearLn 1g$11K$10K$10K
AddedLn 1b$10K
SpentLn 1d–1f$261$106
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$396K$453K
Land, buildings, equipmentLn 10c$578K$563K
Total assetsLn 16$1.4M$1.4M
LiabilitiesLn 26$3.2M$3.1M
Net assetsLn 32−$1.9M−$1.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$58K$58K
Other salaries and wagesLn 7$797K$767K$30K
Pension plan contributionsLn 8$187K$164K$22K
Other employee benefitsLn 9$46K$40K$5K
Payroll taxesLn 10$62K$55K$8K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$113K$65K$47K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$19K$6K$13K
Information technologyLn 14$5K$4K$1K
OccupancyLn 16$111K$111K
TravelLn 17$281$31$250
Conferences, conventions and meetingsLn 19$8K$8K
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$14K$11K$4K
InsuranceLn 23$13K$13K
Other expenses (24a–d)Ln 24$34K$28K$7K
All other expensesLn 24e$7K$4K$3K
Total functional expensesLn 25$1.5M$1.2M$347K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 28, 2026 $2.1M$1.9M$245K−$120K 990 PDF
FY2024Filed with the IRS Dec 9, 2024 $2.1M$1.9M$233K−$365K 990 PDF
FY2023Filed with the IRS Apr 25, 2024 $1.9M$1.5M$423K−$598K 990 PDF
FY2022Filed with the IRS May 2, 2023 $2.0M$1.5M$419K−$1.0M 990 PDF
FY2021Filed with the IRS Jan 7, 2022 $1.9M$1.6M$302K−$1.4M 990 PDF
FY2020 ViewingFiled with the IRS Jan 28, 2021 $1.6M$1.5M$112K−$1.7M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $1,610,631 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $77,176$98,813
I-9 Program service revenuePrior year $1,542,952$1,471,983
I-10 Investment incomePrior year $163$196
I-11 Other revenuePrior year $48,011$39,639
I-12 Total revenuePrior year $1,668,302$1,610,631
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,135,359$1,149,266
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $424,055$349,012
I-18 Total expensesPrior year $1,559,414$1,498,278
I-19 Revenue less expensesPrior year $108,888$112,353
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,610,631 across 8 lines filed
VIII-1e Government grants$90,685
VIII-1f All other contributions, gifts and grants$8,128
VIII-1h Total contributions, gifts and grants$98,813
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,471,983$1,471,983
VIII-3 Investment incomeExcluded from tax $196$196
VIII-8 Net income from fundraising eventsExcluded from tax $35,175$35,175
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $60 · Excluded from tax $4,404$4,464
VIII-12 Total revenueRelated to mission $1,472,043 · Excluded from tax $39,775$1,610,631
Part IX · Statement of functional expenses $1,498,278 across 19 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $58,025$58,025
IX-7 Other salaries and wagesPrograms $766,599 · Management $30,150$796,749
IX-8 Pension plan contributionsPrograms $164,291 · Management $22,403$186,694
IX-9 Other employee benefitsPrograms $40,246 · Management $5,488$45,734
IX-10 Payroll taxesPrograms $54,563 · Management $7,501$62,064
IX-11b Legal feesManagement $5,000$5,000
IX-11c Accounting feesManagement $7,471$7,471
IX-11g Other fees for servicesPrograms $65,429 · Management $47,385$112,814
IX-12 Advertising and promotionManagement $5,768$5,768
IX-13 Office expensesPrograms $5,737 · Management $13,111$18,848
IX-14 Information technologyPrograms $3,900 · Management $1,279$5,179
IX-16 OccupancyManagement $111,120$111,120
IX-17 TravelPrograms $31 · Management $250$281
IX-19 Conferences, conventions and meetingsPrograms $7,612$7,612
IX-20 InterestManagement $6,167$6,167
IX-22 Depreciation, depletion and amortizationPrograms $10,794 · Management $3,598$14,392
IX-23 InsuranceManagement $12,862$12,862
IX-24 Other expenses (24a–d)Programs $27,895 · Management $6,513$34,408
IX-24e All other expensesPrograms $4,335 · Management $2,755$7,090
IX-25 Total functional expensesPrograms $1,151,432 · Management $346,846 · Fundraising $0$1,498,278
Part X · Balance sheet $1,398,936 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $368,796$425,685
X-2 Savings and temporary cash investmentsStart of year $27,130$27,326
X-4 Accounts receivableStart of year $6,927$2,402
X-9 Prepaid expenses and deferred chargesStart of year $2,570$2,416
X-10c Land, buildings and equipment, netStart of year $577,655$563,263
X-15 Other assetsStart of year $386,830$377,844
X-16 Total assetsStart of year $1,369,908$1,398,936
X-17 Accounts payable and accrued expensesStart of year $8,838$5,179
X-23 Secured mortgages and notes payableStart of year $122,516$107,101
X-25 Other liabilitiesStart of year $3,093,342$3,029,091
X-26 Total liabilitiesStart of year $3,224,696$3,141,371
X-27 Net assets without donor restrictionsStart of year −$1,854,788−$1,744,601
X-28 Net assets with donor restrictions$2,166
X-32 Total net assets or fund balancesStart of year −$1,854,788−$1,742,435
X-33 Total liabilities and net assetsStart of year $1,369,908$1,398,936
Part XI · Reconciliation of net assets −$1,742,435 net assets at year end
XI-1 Total revenue$1,610,631
XI-2 Total expenses$1,498,278
XI-3 Revenue less expenses$112,353
XI-4 Net assets at start of year−$1,854,788
XI-10 Net assets at end of year−$1,742,435

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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