Two Rivers Supporting Corp FY2021 filing

Washington, DCUnknown exempt organization EIN 81-0710739Revenue $516K in FY2021Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSWashington, DC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To acquire, hold, and manage assets for use by Two Rivers public charter school, INC. ("Two Rivers"), a district of columbia nonprofit organization. In addition, the corporation was established to participate in the internal revenue service's new market tax credit program to finance leasehold improvements of Two rivers' facility. The corporation also engages in Supporting educational activities that enhance the operations of Two rivers' programs. The corporation operates high school placement and alumni support activities to assist current and former Two rivers' students in their next educational pursuit.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-0710739) · Dispute this line
37¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $7K a year · 2% of revenue · last 4 filings
A surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
37%
of spending
37% of spending went to programs.
Pt IX · Ln 25 · col B
3.9 mo
of spending, in cash
3.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.4M
101% of total assets
Liabilities are 101% of assets.
Pt X · Ln 26
Independent board members
2
of 6 voting members
2 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$516K
-0.4% vs prior year
Spent
$495K
To programs
37%
Net assets
−$43K
By yearFY2020–FY2023
Revenue
$516K
FY2021-0.4%
Tap a bar for its year
Revenue by fiscal year
FY2020$518K
FY2021$516K
FY2022$516K
FY2023$253K
Expenses
$495K
FY2021▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$524K
FY2021$495K
FY2022$440K
FY2023$317K
Net assets
−$43K
FY2021▲ +33%
Tap a bar for its year
Net assets by fiscal year
FY2020−$64K
FY2021−$43K
FY2022$34K
FY2023$0

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

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

Where the money goes

37 cents of each dollar spent went to programs.

Program services 37% · $183K Management & general 63% · $312K

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

6 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Two Rivers Supporting Corp 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

Manages assets and finances for a public charter school, supporting its operations and student success.

Questions for Two Rivers Supporting Corp

Tap to ask. Two Rivers Supporting Corp sees how many people are interested.

Your first name shows with your question. Two Rivers Supporting Corp answers here, for everyone.

1 program · $183K · in their own filed words · FY2020
01

The corporation was established to participate in the internal revenue service's new market tax credit program to finance leasehold improvements of two rivers public charter school's facility.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 81-0710739) · Dispute this line
$183Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$516K
Ln 12
Investment incomeLn 3$318K
Fees for servicesLn 2g$197K
Money outPt IX
$495K
Ln 25
Programscol B$183K
Managementcol C$312K
Owns and owesPt X
−$43K
net assets · Ln 32
Cash and savingsLn 1–2$159K
Total assetsLn 16$6.3M
LiabilitiesLn 26$6.4M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$197K
Investment incomeLn 3$318K
Total revenueLn 12$516K
Assets in detailPt X, end of year
CashLn 1$159K
Cash and savings togetherLn 1–2$159K
Accounts receivableLn 4$60K
Notes and loans receivableLn 7$6.1M
Prepaid expenses and deferred chargesLn 9$770
Total assetsLn 16$6.3M
LiabilitiesLn 26$6.4M
Net assetsLn 32−$43K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$66K$159K
Total assetsLn 16$6.2M$6.3M
LiabilitiesLn 26$6.3M$6.4M
Net assetsLn 32−$64K−$43K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$6K$6K
InterestLn 20$305K$305K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$183K$183K$105
Total functional expensesLn 25$495K$183K$312K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS May 14, 2024 $253K$317K−$64K$0 990 PDF
FY2022Filed with the IRS May 12, 2023 $516K$440K$76K$34K 990 PDF
FY2021 ViewingFiled with the IRS Apr 7, 2022 $516K$495K$21K−$43K 990 PDF
FY2020Filed with the IRS Jan 26, 2021 $518K$524K−$7K−$64K 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $515,747 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $199,492$197,413
I-10 Investment incomePrior year $318,334$318,334
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $517,826$515,747
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $524,428$494,610
I-18 Total expensesPrior year $524,428$494,610
I-19 Revenue less expensesPrior year −$6,602$21,137
Part VI · Governance 2 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $515,747 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $197,413$197,413
VIII-3 Investment incomeExcluded from tax $318,334$318,334
VIII-12 Total revenueRelated to mission $197,413 · Unrelated business $0 · Excluded from tax $318,334$515,747
Part IX · Statement of functional expenses $494,610 across 4 lines filed
IX-11g Other fees for servicesManagement $5,510$5,510
IX-20 InterestManagement $305,083$305,083
IX-23 InsuranceManagement $1,128$1,128
IX-24 Other expenses (24a–d)Programs $182,784 · Management $105$182,889
IX-25 Total functional expensesPrograms $182,784 · Management $311,826 · Fundraising $0$494,610
Part X · Balance sheet $6,341,817 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $66,342$159,256
X-4 Accounts receivableStart of year $59,430$59,991
X-7 Notes and loans receivableStart of year $6,121,800$6,121,800
X-9 Prepaid expenses and deferred chargesStart of year $749$770
X-16 Total assetsStart of year $6,248,321$6,341,817
X-17 Accounts payable and accrued expensesStart of year $78,598$122,357
X-25 Other liabilitiesStart of year $26,525$6,261,966
X-26 Total liabilitiesStart of year $6,311,964$6,384,323
X-27 Net assets without donor restrictionsStart of year −$63,643−$42,506
X-32 Total net assets or fund balancesStart of year −$63,643−$42,506
X-33 Total liabilities and net assetsStart of year $6,248,321$6,341,817
Part XI · Reconciliation of net assets −$42,506 net assets at year end
XI-1 Total revenue$515,747
XI-2 Total expenses$494,610
XI-3 Revenue less expenses$21,137
XI-4 Net assets at start of year−$63,643
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$42,506

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

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →