Two Rivers Head Start Agency

Tax-deductible

Aurora, IL501(c)(3)Since 1965EIN 36-6128783Revenue $6.5M in FY2025

On file with the IRStrhsa.org1661 Landmark Rd, 60506-1146 · Aurora, ILTax-exempt since Jun 1966Publicly supported charity — 170(b)(1)(A)(vi)

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Providing educational and financial assistance to families in need.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 690 volunteers and 254 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $288K a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$93K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $179K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.1M
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.5M
-0.1% vs prior year
Spent
$6.3M
To programs
92%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$6.5M
FY2025-0.1%
Tap a bar for its year
Revenue by fiscal year
FY2020$11.3M
FY2021$4.7M
FY2022$5.7M
FY2023$7.0M
FY2024$6.5M
FY2025$6.5M
Expenses
$6.3M
FY2025▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.3M
FY2021$5.8M
FY2022$6.8M
FY2023$6.9M
FY2024$6.5M
FY2025$6.3M
Net assets
$2.8M
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.6M
FY2021$3.5M
FY2022$2.4M
FY2023$2.5M
FY2024$2.5M
FY2025$2.8M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1966.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $5.8M Management & general 8% · $488K

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

12 people listed on the 990; $93K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$93,395Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Diane Lacey———$88,987$95,031$88,570
Kelly Neidel$93,395$93,816$54,309———

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 Head Start Agency executive salaries →

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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 15aYes

Programs and updates

Helps families with education and money.

Questions for Two Rivers Head Start Agency

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Provided by the organization

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2 programs · $5.8M · in their own filed words · FY2024
01

Head start is a comprehensive early childhood education service provided to preschool aged children from low income families. Approximately 200 children were served.

$4.8Mprogram expense
02

Community services block grant is a program providing information and referrals, emergency financial assistance, and economic development loans in low income communities. In fiscal year 2024, 1,224 unduplicated people were served thru the CSBG grant at two rivers head start agency.

$1.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$179K
Grants paid · 20 grants · $3.4M · 2019–2024
Unitemized GrantFY2024$224,814
Unitemized GrantFY2024$158,523
Unitemized GrantFY2024$134,578
Unitemized GrantFY2024$34,272
Unitemized GrantFY2023$184,116
Unitemized GrantFY2023$163,357
Unitemized GrantFY2023$63,101
Unitemized GrantFY2023$10,000
Unitemized GrantFY2023$4,192
Unitemized GrantFY2022$428,669
Unitemized GrantFY2022$190,667
Unitemized GrantFY2022$142,579
Unitemized GrantFY2022$21,081
Unitemized GrantFY2022$9,887
Unitemized GrantFY2021$714,326
Unitemized GrantFY2021$10,806
Unitemized GrantFY2020$520,144
Unitemized GrantFY2020$1,993
See all 20 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$6.5M
Ln 12
Gifts and grantsLn 1h$6.5M
Fees for servicesLn 2g$71K
Investment incomeLn 3$11K
Money outPt IX
$6.3M
Ln 25
Programscol B$5.8M
Managementcol C$488K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$4.9M
LiabilitiesLn 26$2.1M
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.5M
Government grantsLn 1e$6.4M
Noncash giftsLn 1g$7K
Fees for servicesLn 2g$71K
Investment incomeLn 3$11K
Gains on assetsLn 7−$13K
Total revenueLn 12$6.5M
Assets in detailPt X, end of year
CashLn 1$1.6M
Cash and savings togetherLn 1–2$1.6M
Land, buildings, equipmentLn 10c$2.7M
Other assetsLn 15$7K
Total assetsLn 16$4.9M
LiabilitiesLn 26$2.1M
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 5254
VolunteersI 6690
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.5M$1.6M
Land, buildings, equipmentLn 10c$2.7M$2.7M
Total assetsLn 16$4.9M$4.9M
LiabilitiesLn 26$2.4M$2.1M
Net assetsLn 32$2.5M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$552K$552K
Pay of current officers, directors and key staffLn 5$109K$109K
Other salaries and wagesLn 7$3.1M$2.9M$181K
Pension plan contributionsLn 8$77K$76K$601
Other employee benefitsLn 9$661K$638K$23K
Payroll taxesLn 10$318K$294K$25K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$23K$23K
Other fees for servicesLn 11g$48K$42K$6K
Office expensesLn 13$52K$47K$6K
OccupancyLn 16$438K$408K$29K
TravelLn 17$18K$17K$1K
InterestLn 20$15K$11K$4K
Depreciation, depletion and amortizationLn 22$55K$51K$4K
InsuranceLn 23$87K$29K$58K
Other expenses (24a–d)Ln 24$645K$630K$15K
All other expensesLn 24e$41K$37K$4K
Total functional expensesLn 25$6.3M$5.8M$488K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $6.5M$6.3M$260K$2.8M 990 PDF
FY2024 $6.5M$6.5M$50K$2.5M 990 PDF
FY2023 $7.0M$6.9M$87K$2.5M 990 PDF
FY2022 $5.7M$6.8M−$1.1M$2.4M 990 PDF
FY2021 $4.7M$5.8M−$1.1M$3.5M 990 PDF
FY2020 $11.3M$11.3M$55K$4.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $6,526,070 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,631,465$6,457,872
I-9 Program service revenuePrior year $70,487$70,637
I-10 Investment incomePrior year −$168,509−$2,439
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $6,533,443$6,526,070
I-13 Grants and similar amounts paidPrior year $424,766$552,187
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,399,896$4,290,768
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,658,718$1,422,698
I-18 Total expensesPrior year $6,483,380$6,265,653
I-19 Revenue less expensesPrior year $50,063$260,417
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,526,070 across 8 lines filed
VIII-1e Government grants$6,413,023
VIII-1f All other contributions, gifts and grants$44,849
VIII-1g Noncash contributions (included above)$7,448
VIII-1h Total contributions, gifts and grants$6,457,872
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $70,637$70,637
VIII-3 Investment incomeExcluded from tax $10,934$10,934
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$13,373−$13,373
VIII-12 Total revenueRelated to mission $70,637 · Unrelated business $0 · Excluded from tax −$2,439$6,526,070
Part IX · Statement of functional expenses $6,265,653 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $552,187$552,187
IX-5 Pay of current officers, directors and key staffManagement $109,473$109,473
IX-7 Other salaries and wagesPrograms $2,945,107 · Management $180,539$3,125,646
IX-8 Pension plan contributionsPrograms $76,224 · Management $601$76,825
IX-9 Other employee benefitsPrograms $637,949 · Management $22,756$660,705
IX-10 Payroll taxesPrograms $293,519 · Management $24,600$318,119
IX-11b Legal feesPrograms $1,267$1,267
IX-11c Accounting feesManagement $22,968$22,968
IX-11g Other fees for servicesPrograms $42,172 · Management $5,660$47,832
IX-13 Office expensesPrograms $46,587 · Management $5,676$52,263
IX-16 OccupancyPrograms $408,389 · Management $29,127$437,516
IX-17 TravelPrograms $16,959 · Management $1,018$17,977
IX-20 InterestPrograms $10,774 · Management $4,135$14,909
IX-22 Depreciation, depletion and amortizationPrograms $50,820 · Management $4,449$55,269
IX-23 InsurancePrograms $29,428 · Management $57,819$87,247
IX-24 Other expenses (24a–d)Programs $629,548 · Management $15,031$644,579
IX-24e All other expensesPrograms $36,518 · Management $4,353$40,871
IX-25 Total functional expensesPrograms $5,777,448 · Management $488,205 · Fundraising $0$6,265,653
Part X · Balance sheet $4,886,700 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,535,060$1,639,325
X-3 Pledges and grants receivableStart of year $314,008$384,640
X-10c Land, buildings and equipment, netStart of year $2,675,413$2,681,681
X-14 Intangible assetsStart of year $371,092$174,444
X-15 Other assetsStart of year $0$6,610
X-16 Total assetsStart of year $4,895,573$4,886,700
X-17 Accounts payable and accrued expensesStart of year $424,368$485,925
X-25 Other liabilitiesStart of year $1,658,510$1,471,495
X-26 Total liabilitiesStart of year $2,352,873$2,083,583
X-27 Net assets without donor restrictionsStart of year $1,796,922$2,057,339
X-28 Net assets with donor restrictionsStart of year $745,778$745,778
X-32 Total net assets or fund balancesStart of year $2,542,700$2,803,117
X-33 Total liabilities and net assetsStart of year $4,895,573$4,886,700
Part XI · Reconciliation of net assets $2,803,117 net assets at year end
XI-1 Total revenue$6,526,070
XI-2 Total expenses$6,265,653
XI-3 Revenue less expenses$260,417
XI-4 Net assets at start of year$2,542,700
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,803,117

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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