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THREE RIVERS ACADEMY

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Tax-exempt status may be revoked

THREE RIVERS ACADEMY

EIN 83-1158515

What they do

Operate A Charter School

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

13.15%of revenue went to mission work13.8% of expenses · Program services
$95.25spent for every $100 of revenueRevenue covered expenses this year.
82.11%of revenue went to management and office costs86.2% of expenses
$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,409,851
Mission workProgram services$185,32813.15% of revenue13.8% of expenses
ManagementOffice and general costs$1,157,60182.11% of revenue86.2% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$66,9224.75% of revenueShown in gray on the chart
Total expenses$1,342,92995.25% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 13.8% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2020CurrentExpense mix: 13.8% mission · 86.2% management · 0.0% fundraisingTotal expenses: 95.25% of revenue
2018Expense mix: 50.8% mission · 49.2% management · 0.0% fundraisingTotal expenses: 97.35% of revenue

Money in and money out

Revenue$1,409,851
Expenses$1,342,929
Annual surplus $66,922 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$185,328 · 13.8% of expenses
Management and office costs$1,157,601 · 86.2% of expenses
See all reported dollar amounts
Revenue$1,409,851
Expenses$1,342,929
Assets$82,372
Contributions$1,409,851
Mission work (program services)$185,328
Management and general$1,157,601
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (5)

BISHOP RON WATFORDDIRECTOR

EULANDA ELLIOTTDIRECTOR

JAMES MONTAGUEBOARD CHAIR

LINDA PEELEBOARD SECRETARY

WONZA MONTAGUEBOARD TREASURER

About this charity

Recognized since
July 2021
Location
PO Box 26, Powellsville, NC 27967
County
Bertie
In care of
James Montague
Primary officer
James Montague, Chairperson

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
July 1, 2020
Return type
990
Tax preparer
DARRELL L KELLER CPA PA
Revocation date
November 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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