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Nonprofit · EIN 83-0897920

TWO RIVERS CLASSICAL ACADEMY

Tax-exempt · WDM, IA 50265

Financials

$988K$832K2022$1.3M$1.1M2023$1.2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of TWO RIVERS CLASSICAL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,232,434$1,216,319$16,115$741,877$160,167$581,710
June 30, 2024990 (amended)$1,269,240$1,110,542$158,698$1,201,667$636,072$565,595
June 30, 2023990$988,132$832,398$155,734$946,969$540,072$406,897
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$43,686
Program service revenue
$1,154,023
Investment income
$34,725
Net gain from sales of assets
$540
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$91,879
Other salaries and wages
$750,614
Salaries, compensation and benefits (total)
$932,050
Professional fundraising fees
$0
Legal fees
$15,525
Accounting fees
$9,035
Occupancy
$66,805
Travel
$2,335
Program services (functional)
$1,099,102
Management and general (functional)
$102,287
Fundraising (functional)
$14,930

Balance sheet and other

Total assets, start of year
$1,201,667
Total assets, end of year
$741,877
Total liabilities, end of year
$160,167
Net assets, end of year
$581,710
Publicly traded securities
$232,795
Net assets without donor restrictions
$581,710
Gross receipts
$1,232,434
Employees
53
Volunteers
50
Year formed
2018
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
NATHAN OPPMANHeadmaster
Officer, Highest-paid employee
40$75,687
ZACH DIETRICHDIRECTOR
Trustee or director, Officer
20$18,592
ANDREW FOGLEDIRECTOR AND TREASURER
Trustee or director, Officer
1$0
ELIZABETH BOMERDIRECTOR AND SECRETARY
Trustee or director, Officer
1$0
ANDREW SCHOONHOVENDIRECTOR AND CHAIR
Trustee or director
1$0
NICK BALDIRECTOR
Trustee or director
1$0
MICHELLE SAGEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
NATHAN OPPMANHeadmaster
Officer, Highest-paid employee
40$66,232
ZACH DIETRICHDIRECTOR AND CHAIR
Trustee or director, Officer
20$16,192
ANDREW KARASDIRECTOR
Trustee or director
5$5,833
ANDREW FOGLEDIRECTOR AND TREASURER
Trustee or director, Officer
1$0
ELIZABETH BOMERDIRECTOR AND SECRETARY
Trustee or director, Officer
1$0
STANLEY JENSENDIRECTOR
Trustee or director
1$0
ANDREW SCHOONHOVENDIRECTOR
Trustee or director
1$0
NICK BALDIRECTOR
Trustee or director
1$0
MICHELLE SAGEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
NATHAN OPPMANDIRECTOR & HEADMASTER
Trustee or director, Officer
40$57,813
ZACH DIETRICHDIRECTOR AND PRESIDENT
Trustee or director, Officer
20$17,250
ANDREW KARASDIRECTOR AND TREASURER
Trustee or director, Officer
20$12,917
ANDREW FOGLEDIRECTOR AND SECRETARY
Trustee or director, Officer
1$0
ELIZABETH BOMERDIRECTOR
Trustee or director
1$0
STANLEY JENSENDIRECTOR
Trustee or director
1$0
ANDREW SCHOONHOVENDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 65336, WDM, IA 50265-0336
In care of
% ANDREW KARAS
Principal officer (990 for 2024)
NATHAN OPPMAN, 3114 SW 61st STreet, Des Moines, IA 50321
Signed the 990
ANDREW FOGLE, TREASURER
Phone
(515) 313-3213
Return prepared by
DELMAR R MOHLER CPA

Mission

Organize and assemble the staff, facilities, and programs for Two Rivers Classical Academy and its activities.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATING TWO RIVERS CLASSICAL ACADEMY FOR 243 STUDENTS IN GRADES 1 TO 12.
    Expenses $1,099,102 · revenue $1,154,563

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
83-0897920
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B24)
Assets (IRS master file)
$741,877
Income (IRS master file)
$1,232,434

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,232,434$1,216,319$741,877XML
990June 2024$1,269,240$1,110,542$1,201,667XML
990June 2023$988,132$832,398$946,969XML
990June 2022$762,929$650,617$1,168,035IRS
990June 2021–––IRS
990June 2020–––IRS
990-EZJune 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-0897920).

Questions about TWO RIVERS CLASSICAL ACADEMY

What is the EIN of TWO RIVERS CLASSICAL ACADEMY?
The employer identification number (EIN) of TWO RIVERS CLASSICAL ACADEMY is 83-0897920.
Is TWO RIVERS CLASSICAL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to TWO RIVERS CLASSICAL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TWO RIVERS CLASSICAL ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TWO RIVERS CLASSICAL ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TWO RIVERS CLASSICAL ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TWO RIVERS CLASSICAL ACADEMY?
The 990 for the year ended June 30, 2025 names NATHAN OPPMAN.
Who are the officers and directors of TWO RIVERS CLASSICAL ACADEMY?
The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $75,687 (NATHAN OPPMAN, Headmaster).
How much revenue does TWO RIVERS CLASSICAL ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,232,434, expenses of $1,216,319 and total assets of $741,877 at year end.

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