Two Rivers Classical Academy FY2023 filing
Provides staff, facilities, and programs for Two Rivers Classical Academy. For fiscal year 2023 it reported $988K in revenue, $832K in expenses, and $407K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Wdm, IA
- Website
- tworiversclassical.org
- Filings
- 5 on file (2021–2023)
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Summary of the Filing
Where the work happens
Operating two rivers classical academy for 225 students.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Nathan Oppman’s $76K as Headmaster is at the 17th percentile of top reported officer pay among 3393 $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 · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Nathan Oppman | $75,687 | $66,232 | $57,813 | $48,733 | — |
| Andrew Karas | — | $5,833 | $12,917 | $22,490 | $6,000 |
| Zach Dietrich | $18,592 | $16,192 | $17,250 | $21,206 | $6,000 |
| Stanley Jensen | — | — | — | — | $6,000 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 17% | — | — |
| Fundraising cost ratio | 11% | — | — |
| Revenue growth | 30% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 0.07% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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