Two Rivers Community School FY2021 filing

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Operation of a public charter school.

Form 990 Part I, line 1, FY2021. 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.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
75%
of spending
75% of spending went to programs.
Pt IX · Ln 25 · col B
4.9 mo
of spending, in cash
4.9 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
189% of total assets
Liabilities are 189% of assets.
Pt X · Ln 26
Independent board members
8
of 8 voting members
8 of 8 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.9M
+16% vs prior year
Spent
$1.6M
To programs
75%
Net assets
−$1.4M
By yearFY2020–FY2025
Revenue
$1.9M
FY2021▲ +16%
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
$1.6M
FY2021▲ +5%
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
−$1.4M
FY2021▲ +17%
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 FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 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

75 cents of each dollar spent went to programs.

Program services 75% · $1.2M Management & general 25% · $391K

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

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
$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 · FY2020
01

Operated as a charter school in boone, NC serving approximately 171 students for the fiscal year ended 6/30/21.

Form 990 Part III, line 4, FY2020. 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Fees for servicesLn 2g$1.7M
Gifts and grantsLn 1h$149K
Other incomeLn 4–11$26K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.2M
Managementcol C$391K
Owns and owesPt X
−$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$638K
Total assetsLn 16$1.6M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$149K
Government grantsLn 1e$145K
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$52
Other incomeLn 4–11$26K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$580K
SavingsLn 2$59K
Cash and savings togetherLn 1–2$638K
Accounts receivableLn 4$5K
Prepaid expenses and deferred chargesLn 9$10K
Land, buildings, equipmentLn 10c$549K
Other assetsLn 15$417K
Total assetsLn 16$1.6M
LiabilitiesLn 26$3.1M
Net assetsLn 32−$1.4M
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
LineFY21FY20FY19FY18
End of yearLn 1g$26K$11K$10K$10K
AddedLn 1b$11K$10K
SpentLn 1d–1f$867$261$106
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$453K$638K
Land, buildings, equipmentLn 10c$563K$549K
Total assetsLn 16$1.4M$1.6M
LiabilitiesLn 26$3.1M$3.1M
Net assetsLn 32−$1.7M−$1.4M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$61K$61K
Other salaries and wagesLn 7$821K$791K$30K
Pension plan contributionsLn 8$92K$83K$9K
Other employee benefitsLn 9$107K$96K$11K
Payroll taxesLn 10$65K$58K$7K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$143K$46K$98K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$18K$6K$11K
Information technologyLn 14$47K$42K$5K
OccupancyLn 16$95K$95K
TravelLn 17$15K$15K
Conferences, conventions and meetingsLn 19$11K$11K
InterestLn 20$5K$5K
Depreciation, depletion and amortizationLn 22$14K$11K$4K
InsuranceLn 23$17K$17K
Other expenses (24a–d)Ln 24$40K$30K$10K
All other expensesLn 24e$5K$2K$3K
Total functional expensesLn 25$1.6M$1.2M$391K$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
FY2021 ViewingFiled with the IRS Jan 7, 2022 $1.9M$1.6M$302K−$1.4M 990 PDF
FY2020Filed 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 FY2021 990
Part I · Summary $1,868,415 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $98,813$148,832
I-9 Program service revenuePrior year $1,471,983$1,693,787
I-10 Investment incomePrior year $196$52
I-11 Other revenuePrior year $39,639$25,744
I-12 Total revenuePrior year $1,610,631$1,868,415
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,149,266$1,145,991
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $349,012$420,153
I-18 Total expensesPrior year $1,498,278$1,566,144
I-19 Revenue less expensesPrior year $112,353$302,271
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $1,868,415 across 8 lines filed
VIII-1e Government grants$144,773
VIII-1f All other contributions, gifts and grants$4,059
VIII-1h Total contributions, gifts and grants$148,832
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,693,787$1,693,787
VIII-3 Investment incomeExcluded from tax $52$52
VIII-8 Net income from fundraising eventsExcluded from tax $13,370$13,370
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,351 · Excluded from tax $9,023$12,374
VIII-12 Total revenueRelated to mission $1,697,138 · Excluded from tax $22,445$1,868,415
Part IX · Statement of functional expenses $1,566,144 across 18 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $60,650$60,650
IX-7 Other salaries and wagesPrograms $791,291 · Management $30,000$821,291
IX-8 Pension plan contributionsPrograms $82,902 · Management $9,478$92,380
IX-9 Other employee benefitsPrograms $96,103 · Management $10,987$107,090
IX-10 Payroll taxesPrograms $57,954 · Management $6,626$64,580
IX-11c Accounting feesManagement $7,786$7,786
IX-11g Other fees for servicesPrograms $45,719 · Management $97,504$143,223
IX-12 Advertising and promotionManagement $2,267$2,267
IX-13 Office expensesPrograms $6,233 · Management $11,437$17,670
IX-14 Information technologyPrograms $41,568 · Management $5,146$46,714
IX-16 OccupancyManagement $95,299$95,299
IX-17 TravelManagement $14,868$14,868
IX-19 Conferences, conventions and meetingsPrograms $11,130$11,130
IX-20 InterestManagement $5,310$5,310
IX-22 Depreciation, depletion and amortizationPrograms $10,685 · Management $3,562$14,247
IX-23 InsuranceManagement $16,533$16,533
IX-24 Other expenses (24a–d)Programs $30,030 · Management $10,467$40,497
IX-24e All other expensesPrograms $1,809 · Management $2,800$4,609
IX-25 Total functional expensesPrograms $1,175,424 · Management $390,720 · Fundraising $0$1,566,144
Part X · Balance sheet $1,619,974 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $425,685$579,679
X-2 Savings and temporary cash investmentsStart of year $27,326$58,740
X-4 Accounts receivableStart of year $2,402$5,464
X-9 Prepaid expenses and deferred chargesStart of year $2,416$9,577
X-10c Land, buildings and equipment, netStart of year $563,265$549,016
X-15 Other assetsStart of year $377,844$417,498
X-16 Total assetsStart of year $1,398,938$1,619,974
X-17 Accounts payable and accrued expensesStart of year $5,179$5,739
X-23 Secured mortgages and notes payableStart of year $107,101$90,830
X-25 Other liabilitiesStart of year $3,029,091$2,963,569
X-26 Total liabilitiesStart of year $3,141,371$3,060,138
X-27 Net assets without donor restrictionsStart of year −$1,744,601−$1,440,164
X-32 Total net assets or fund balancesStart of year −$1,742,433−$1,440,164
X-33 Total liabilities and net assetsStart of year $1,398,938$1,619,974
Part XI · Reconciliation of net assets −$1,440,164 net assets at year end
XI-1 Total revenue$1,868,415
XI-2 Total expenses$1,566,144
XI-3 Revenue less expenses$302,271
XI-4 Net assets at start of year−$1,742,433
XI-8 Prior period adjustments−$2
XI-10 Net assets at end of year−$1,440,164

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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