Twin Ridges Home Study Charter School

EIN: 364743371 501(c)(3) Education

Nevada City, CA

Total Revenue
$2,558,973
Total Expenses
$2,430,184
Total Assets
$1,689,635
Net Assets
$866,757
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
Jennifer Dearduff
Phone
9166461400
Tax Period
2022-07-01 to 2023-06-30

Twin Ridges Home Study Charter School, founded in 2011, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 5% surplus.

Mission

The Twin Ridges Home Study Program facilitates responsibility, compassion, and self-discipline so that students can reach their fullest potential in academics, personal awareness, athletics and the arts. The school, in partnership with the parents,creates a climate in which students can become scholars, critical thinkers, effective problem solvers, and lifelong learners.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,545,836
Investment Income $13,137
Other Revenue $0
TOTAL REVENUE $2,558,973

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,481,970
Fundraising Expenses $0
Program Expenses $1,788,290
Other Expenses $948,214
TOTAL EXPENSES $2,430,184

Year-over-Year Comparison

2022 2021 Change
Revenue $2,558,973 $2,057,752 +0.2%
Expenses $2,430,184 $1,883,344 +0.3%
Net Income $128,789 $174,408 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
37
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
8
$107,156
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Dearduff Director 40.00
Director
$80,191 $26,965 $107,156
Brenda Royer Director 0.00
Director
$0 $0 $0
Rachel Wegman Director 0.00
Director
$0 $0 $0
Marieke Furnee Director 0.00
Director
$0 $0 $0
Jalana Smith Chairman 0.00
Director
$0 $0 $0
Xylem Larla Dey Director 0.00
Director
$0 $0 $0
Nicole Raglin Secretary 0.00
Officer Director
$0 $0 $0
Desiree Miller Business Tech 36.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,558,973 $2,430,184 $1,689,635 $128,789
2022 $2,057,752 $1,883,344 $1,274,046 $174,408
2021 $1,522,642 $1,501,706 $737,540 $20,936
2020 $1,530,076 $1,403,499 $593,449 $126,577
2019 $1,718,989 $1,653,673 $391,315 $65,316
2018 $1,330,233 $1,589,869 $239,346 $-259,636
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