Three Rivers Charter School FY2023 filing

Tax-deductible

West Linn, OR501(c)(3)Since 2001EducationEIN 93-1308095

This page gets seen. Tell your story. Claim this org.

Operation of a public Charter School

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$111K 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

FY2023 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $23K a year · 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$111K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $38K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.3M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-1% vs prior year
Spent
$1.6M
To programs
75%
Net assets
$536K
By yearFY2020–FY2024
Revenue
$1.6M
FY2023▼ -1%
Revenue by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.7M
FY2023$1.6M
FY2024$1.7M
FY2024$1.8M
Expenses
$1.6M
FY2023▲ +8%
Expenses by fiscal year
FY2020$1.5M
FY2021$1.5M
FY2022$1.5M
FY2023$1.6M
FY2024$1.8M
FY2024$2.0M
Net assets
$536K
FY2023▲ +12%
Net assets by fiscal year
FY2020$402K
FY2021$335K
FY2022$478K
FY2023$536K
FY2024$512K
FY2024$395K

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2001.

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% · $405K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990; $111K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Di
$110,783Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Megan Elston’s $128K as Executive Di is at the 51st 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Nicholas Chapin—————$133,667
Megan Elston$127,567$117,733$110,783$96,730$83,020—
Nicholas Chapin———$68,263$127,083—

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 Three Rivers Charter School executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Operates a public charter school for students.

Provided by the organization

This section is blank until Three Rivers Charter School claims this page.

Know this organization? Claim it to add your story

1 program service account for $1.2M of program spending, described in the organization's own filed words · FY2022.
01

Operation of a public charter school in the west LINN/WILSONVILLE school district. Serving grades 4-8.

$1.2Mprogram expense

Run this program? Claim this org to tell your story

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 · FY2024
Total grants receivedfrom 1 funder$38K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$26K
Other incomeLn 4–11$10K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.2M
Managementcol C$405K
Owns and owesPt X
$536K
net assets · Ln 32
Cash and savingsLn 1–2$468K
Total assetsLn 16$3.8M
LiabilitiesLn 26$3.3M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$1.2M
Fundraising eventsLn 1c$21K
Fees for servicesLn 2g$26K
Investment incomeLn 3$63
Other incomeLn 4–11$10K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$453K
SavingsLn 2$15K
Cash and savings togetherLn 1–2$468K
Land, buildings, equipmentLn 10c$2.9M
Other assetsLn 15$437K
Total assetsLn 16$3.8M
LiabilitiesLn 26$3.3M
Net assetsLn 32$536K
OperationsPt I, VI
EmployeesI 518
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$476K$468K
Land, buildings, equipmentLn 10c$3.0M$2.9M
Total assetsLn 16$4.1M$3.8M
LiabilitiesLn 26$3.6M$3.3M
Net assetsLn 32$478K$536K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$111K$82K$29K
Other salaries and wagesLn 7$705K$522K$183K
Pension plan contributionsLn 8$207K$153K$54K
Other employee benefitsLn 9$90K$67K$24K
Payroll taxesLn 10$72K$53K$19K
Accounting feesLn 11c$13K$9K$3K
Other fees for servicesLn 11g$1K$1K$364
Office expensesLn 13$22K$18K$3K
Information technologyLn 14$36K$27K$9K
OccupancyLn 16$30K$22K$8K
InterestLn 20$89K$66K$23K
Depreciation, depletion and amortizationLn 22$85K$63K$22K
InsuranceLn 23$18K$13K$5K
Other expenses (24a–d)Ln 24$165K$142K$23K
Total functional expensesLn 25$1.6M$1.2M$405K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $1.7M$1.8M−$180K$512K 990 PDF
FY2023 Viewing $1.6M$1.6M−$6K$536K 990 PDF
FY2022 $1.7M$1.5M$127K$478K 990 PDF
FY2021 $1.5M$1.5M−$63K$335K 990 PDF
FY2020 $1.5M$1.5M$8K$402K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,637,745 across 8 lines filed
VIII-1c Fundraising events$20,702
VIII-1e Government grants$1,202,084
VIII-1f All other contributions, gifts and grants$378,356
VIII-1h Total contributions, gifts and grants$1,601,142
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $26,496$26,496
VIII-3 Investment incomeExcluded from tax $63$63
VIII-8 Net income from fundraising events$10,044
VIII-12 Total revenueRelated to mission $26,496 · Excluded from tax $63$1,637,745
Part IX · Statement of functional expenses $1,643,814 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $81,979 · Management $28,804$110,783
IX-7 Other salaries and wagesPrograms $521,997 · Management $183,404$705,401
IX-8 Pension plan contributionsPrograms $153,477 · Management $53,924$207,401
IX-9 Other employee benefitsPrograms $66,929 · Management $23,516$90,445
IX-10 Payroll taxesPrograms $53,246 · Management $18,708$71,954
IX-11c Accounting feesPrograms $9,445 · Management $3,319$12,764
IX-11g Other fees for servicesPrograms $1,036 · Management $364$1,400
IX-13 Office expensesPrograms $18,157 · Management $3,358$21,515
IX-14 Information technologyPrograms $26,901 · Management $9,452$36,353
IX-16 OccupancyPrograms $22,379 · Management $7,863$30,242
IX-20 InterestPrograms $65,689 · Management $23,080$88,769
IX-22 Depreciation, depletion and amortizationPrograms $62,632 · Management $22,006$84,638
IX-23 InsurancePrograms $12,965 · Management $4,555$17,520
IX-24 Other expenses (24a–d)Programs $141,946 · Management $22,683$164,629
IX-25 Total functional expensesPrograms $1,238,778 · Management $405,036 · Fundraising $0$1,643,814
Part X · Balance sheet $3,840,375 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $458,518$453,325
X-2 Savings and temporary cash investmentsStart of year $17,809$14,884
X-4 Accounts receivableStart of year $41,626$20,111
X-9 Prepaid expenses and deferred chargesStart of year $9,916$11,415
X-10c Land, buildings and equipment, netStart of year $2,979,754$2,903,214
X-15 Other assetsStart of year $556,633$437,426
X-16 Total assetsStart of year $4,064,256$3,840,375
X-17 Accounts payable and accrued expensesStart of year $70,028$56,741
X-25 Other liabilitiesStart of year $1,736,967$1,553,406
X-26 Total liabilitiesStart of year $3,586,396$3,304,227
X-27 Net assets without donor restrictionsStart of year $477,860$536,148
X-32 Total net assets or fund balancesStart of year $477,860$536,148
X-33 Total liabilities and net assetsStart of year $4,064,256$3,840,375
Part XI · Reconciliation of net assets $536,148 net assets at year end
XI-1 Total revenue$1,637,745
XI-2 Total expenses$1,643,814
XI-3 Revenue less expenses−$6,069
XI-4 Net assets at start of year$477,860
XI-9 Other changes in net assets$64,357
XI-10 Net assets at end of year$536,148

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

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

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.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street 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, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.