2023-09-29T16:29:01-04:00 2023-06-30 200221868 BARNES BROCK CORNWELL & PAINTER PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2022-07-01 320109100 ANCHOR SCHOLARSHIP FOUNDATION INC ANCH 7577774724 5520 GREENWICH ROAD SUITE 204 A VIRGINIA BEACH VA 23462 H JAMES MONROE CHAIRMAN 7577774724 2023-09-05 true JAMES MONROE 999009999 false KIMBERLY C PAINTER CPA P00294115 7579615017 2023-09-28 2022 2023-04-26 12:10:37Z X H JAMES MONROE 500 E PLUME ST SUITE 504 NORFOLK VA 23510 491007 false X WWW.ANCHORSCHOLARSHIP.ORG X 1980 VA TO AWARD COLLEGE SCHOLARSHIPS TO DEPENDENT CHILDREN AND SPOUSES OF ACTIVE DUTY, RETIRED AND HONORABLY DISCHARGED SURFACE NAVY PERSONNEL. 15 15 3 30 0 217248 264069 0 114850 78370 11095 63119 343193 405558 119350 116841 0 124911 130870 0 17599 37659 69229 281920 316940 61273 88618 1531904 1769262 64142 151488 1467762 1617774 TO AWARD COLLEGE SCHOLARSHIPS TO DEPENDENT CHILDREN AND SPOUSES OF ACTIVE DUTY, RETIRED AND HONORABLY DISCHARGED SURFACE NAVY PERSONNEL. false false 263935 116841 TO AWARD COLLEGE SCHOLARSHIPS TO DEPENDENT CHILDREN AND SPOUSES OF ACTIVE DUTY, RETIRED AND HONORABLY DISCHARGED SURFACE NAVY PERSONNEL. 263935 true true false false false false false false false true true false false false true true true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 0 0 false 3 true false false false false false false false false X 15 15 false false false false false false false true true false false true false true true true false false VA X X ANCHOR SCHOLARSHIP FOUNDATION 7577774724 500 E PLUME ST STE 504 NORFOLK VA 23510 H JAMES MONROE CHAIRMAN 1.00 X X 0 0 0 DAVID STEINDL VICE CHAIR 1.00 X X 0 0 0 PERRY BINGHAM TREASURER 1.00 X X 0 0 0 MARYELLEN BALDWIN DIRECTOR 1.00 X 0 0 0 CAPT PETER BULKELEY DIRECTOR 1.00 X 0 0 0 GINA BUZBY DIRECTOR 1.00 X 0 0 0 JACOB CHANG DIRECTOR 1.00 X 0 0 0 PAUL HAWKINS DIRECTOR 1.00 X 0 0 0 TOM HENNESSEY DIRECTOR 1.00 X 0 0 0 CAPT CAMERON INGRAM DIRECTOR 1.00 X 0 0 0 ERIC JENKUSKY DIRECTOR 1.00 X 0 0 0 SPENCER KUSHNER DIRECTOR 1.00 X 0 0 0 DR LATITIA MCCANE DIRECTOR 1.00 X 0 0 0 NEIL PICKARD DIRECTOR 1.00 X 0 0 0 CDR WARD WILSON DIRECTOR 1.00 X 0 0 0 JOY EYROLLES EXECUTIVE DI 40.00 X 82500 0 0 82500 false false false 1730 262339 1730 264069 72812 72812 69994 64436 5558 5558 5558 68455 1730 21013 47442 47442 OTHER REVENUE 15677 15677 15677 405558 21235 120254 116841 116841 82500 66000 12375 4125 39072 31257 5861 1954 9298 7438 1395 465 3500 3500 16023 11217 2403 2403 1804 90 1714 12090 5292 4074 2724 6035 2290 3745 11014 11014 9371 8902 469 1263 1263 463 463 ONLINE APPLICATION 4068 2034 2034 TRAINING AND DEVELOPMENT 1342 671 671 SCHOLARSHIP RECEPTION 1270 1270 FEES 680 340 340 306 306 316940 263935 35406 17599 17891 14168 94799 94618 5000 1911 2131 8967 6884 3346 2083 1413957 1569868 81394 1531904 1769262 64142 151488 64142 151488 X 767958 805575 699804 812199 1467762 1617774 1531904 1769262 88618 61394 X false true X true false X 176290 639259 174285 217248 264069 1471151 176290 639259 174285 217248 264069 1471151 1471151 543 40982 59710 116425 72812 290472 36909 38031 29068 40328 68455 212791 1974414 65957 0.74510 0.78290 X PART II, LINE 10 GROSS SALES FROM FUNDRAISING 144,336 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 699804 75000 64336 20600 6341 812199 848396 -129307 11900 7385 699804 698186 174004 16900 6894 848396 254637 420801 9582 12200 6507 698186 254768 13771 9800 4102 254637 1.00000 false false 8967 6884 2083 2083 RIGHT-OF-USE LEASE LIABILITY 79928 SHOLARSHIPS 63675 PAYROLL LIABILITY 7885 151488 X 466852 61294 61294 405558 405558 316940 316940 316940 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023. SCHEDULE D, PAGE 4, PART XIII THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2023, 2022, 2021 AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. GOLF TOURNAMENT 40509 40509 14721 ANCHOR RUN 15056 15056 2916 1 8478 8478 1419 64043 64043 19056 19056 44987 false SCHOLARSHIPS 40 116841 FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF FORM 990 WILL BE MADE AVAILABLE TO ALL BOARD MEMBERS FOR APPROVAL BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD MEMBERS REVIEWED COMPARABLE SALARY DATA FOR THE POSITION OF EXECUTIVE DIRECTOR, AND REVIEWED PAST YEAR'S PERFORMANCE IN DETERMINING CURRENT YEAR COMPENSATION. THERE IS DOCUMENTATION TO SUBSTANTIATE THIS PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST