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Two Rivers Classical Academy

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830897920 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

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Overview

What is Two Rivers Classical Academy?

Two Rivers Classical Academy is a nonprofit institution located at 521 E Locust Street, Des Moines, Iowa 50309. With a mission to organize and assemble staff, facilities, and educational programs, the academy currently serves 199 students. The academy's primary focus is on providing a nurturing and enriching learning environment, which is evident in its operations. The academy employs a total of 33 individuals, all contributing to its success in delivering quality education.


Official website here: www.tworiversclassical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

Two Rivers Classical Academy has received a Three-Star rating from Charity Navigator, reflecting its overall score of 76%. This score is solely based on accountability and finance metrics, indicating a strong emphasis on these areas. The organization achieved high marks for having an independent board, with 100% of its members meeting this criterion, and demonstrated robustness in financial practices with no material diversion of assets reported.

The academy's commitment to transparency is evidenced by its well-documented policies, including conflict of interest and whistleblower policies, which are listed and properly maintained. Its program expense ratio is notably high at 88.34%, suggesting that a significant portion of resources is directed toward its educational programs rather than administrative costs, a positive aspect for supporters and stakeholders.

However, it is important to note that the organization has a liabilities to assets ratio of 57.03%, which may indicate some level of financial risk. While this score reflects a sound approach to accountability, potential donors may want to consider this aspect alongside the organization's strengths when evaluating its overall financial health.


This AI summary has been generated from information found on Charity Navigator.

Is Two Rivers Classical Academy legitimate?

Two Rivers Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Two Rivers Classical Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $92,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,260

For more financial information, click here


Official website here: www.tworiversclassical.org

What is the mission statement of Two Rivers Classical Academy?

Two Rivers Classical Academy's mission is centered around organizing and assembling the necessary resources, including staff, facilities, and programs, to facilitate its activities. This mission is aimed at providing an educational environment for its students, currently numbering 199. The academy's primary objective is to ensure the smooth operation of its educational programs and create an optimal learning environment.


Official website here: www.tworiversclassical.org

Who is the CEO of Two Rivers Classical Academy?

Andrew Karas is the Director And President of Two Rivers Classical Academy.


Official website here: www.tworiversclassical.org

What is the revenue of Two Rivers Classical Academy?

Two Rivers Classical Academy's revenue in 2022 was $762,929.


Official website here: www.tworiversclassical.org

Who are the executives of Two Rivers Classical Academy and what are their salaries?

The average compensation at Two Rivers Classical Academy during 2022 was $14,748. There are 33 employees and 50 volunteers at Two Rivers Classical Academy.


Here are 7 key members and their salaries:


Zach Dietrich (Director And President)
  • Compensation: $21,206
  • Related: $0
  • Other: $0
Andrew Karas (Director And Treasurer)
  • Compensation: $22,490
  • Related: $0
  • Other: $0
Andrew Fogle (Director And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Oppman (Director & Headmaster)
  • Compensation: $48,733
  • Related: $0
  • Other: $0
Elizabeth Bomer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Schoonhoven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tworiversclassical.org

Where can I find the form 990 for Two Rivers Classical Academy?

Two Rivers Classical Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tworiversclassical.org

Learn more at the official website: www.tworiversclassical.org

Mission Statement of Two Rivers Classical Academy

Two Rivers Classical Academy is tasked with meticulously organizing and assembling its staff, facilities, and programs to ensure the smooth operation of its activities. Its primary mission is to orchestrate an enriching educational environment for its 199 students, laying the groundwork for a successful academic journey. This involves not only gathering the necessary resources but also devising and implementing curricula and extracurricular activities that cater to the holistic development of each student.

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Impact




July, 2024

Two Rivers Classical Academy has had a significant impact on the education landscape in Des Moines, Iowa. With a mission to provide high-quality classical education to its 199 students, the academy has successfully organized and assembled a dedicated staff, top-notch facilities, and enriching programs to foster a well-rounded educational experience. Through its commitment to classical education, Two Rivers Classical Academy is shaping the minds of its students, equipping them with the knowledge and skills necessary to succeed in the modern world.




This information is meant to be a general summary of Two Rivers Classical Academy. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$762,929 (2022)
Expenses
$650,617 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,464
  • Program Service Revenue: $718,098
  • Gross Receipts: $762,929

Assets and Liabilities:

  • Total Assets: $1,168,035
  • Total Liabilities: $909,289
  • Net Assets: $258,746

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$691,455

BOOK RENTAL INCOME

Revenue

$2,528

MISCELLANEOUS FEES

Revenue

$24,115

Organization Details

Founding Year

2018

Principal Officer

Andrew Karas

Main Address

521 E Locust Street, Des Moines, IA, 50309

NTEE Category

Code: B24 - Education

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