2019-11-14T10:35:25-06:00 2019-06-30 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2018-07-01 541440734 Access College Foundation % PAMELA JIMERSON ACCE 7579626113 7300 Newport Avenue Suite 500 Norfolk VA 23505 BONNIE SUTTON PRESIDENT/CEO 7579627285 2019-11-12 true James E Prince III P00559346 7576407190 2019-11-15 4.30.229.250 54222620193185000003 2019-11-14 P CD20C639064E5323A576B6DADCB5D8D641F2BD99 43F1791EC8C5CA1F20FD56D5F8567203A611C732 2018 2020-03-31 21:24:44Z BONNIE SUTTON 7300 Newport Avenue Suite 500 Norfolk VA 23505 6352323 false X www.accesscollege.org X 1988 VA The Access College Foundation helps students in the public high schools of South Hampton Roads go to college. 34 33 46 88 -154132 -166749 3977708 2291989 0 0 1374926 468672 0 191688 5352634 2952349 674925 666736 0 0 2847979 2994299 0 0 608903 736442 733525 4259346 4394560 1093288 -1442211 53380019 54397152 197492 209588 53182527 54187564 THE PURPOSE OF THE FOUNDATION IS TO PROVIDE EDUCATIONAL PATHWAYS LEADING TO CERTIFICATION OR COLLEGE DEGREE ATTAINMENT AND CAREER OPPORTUNITIES FOR STUDENTS, PARTICULARLY THOSE WHO MAY NOT OTHERWISE HAVE ACCESS. ACCESS COLLEGE FOUNDATION ACCOMPLISHES ITS MISSION BY PROVIDING VARYING TYPES OF SERVICES TO STUDENTS FROM MIDDLE SCHOOL THROUGH COLLEGE GRADUATION. THESE SERVICES INCLUDE STUDENTS RECEIVING COLLEGE INFORMATION IN GROUP SETTINGS, STUDENTS RECEIVING ONE-ON-ONE ADVISORY SERVICES FOR POSTSECONDARY EDUCATIONAL PLANNING AND IMPLEMENTATION OF THE APPLICATION AND FINANCIAL AID PROCESSES, AND CAREER OPPORTUNITIES FOR STUDENTS COMPLETING THEIR CERTIFICATION DEGREE PROGRAMS. false false 3378357 666736 HIGH SCHOOL PROGRAM AND COLLEGE SUCCESS PROGRAM THE FOUNDATION PROVIDED POSTSECONDARY EDUCATION PLANNING TO MORE THAN 5,200 HIGH SCHOOL JUNIORS, SENIORS AND COLLEGE STUDENTS DURING 2018 AND 5,900 IN 2017. OF THOSE STUDENTS 3,965 FAMILIES (76%), WERE VERIFIED TO BE LOW-INCOME IN 2018 AND 4,551 (77%), WERE VERIFIED TO BE LOW-INCOME IN 2017. POSTSECONDARY EDUCATION PLANNING INCLUDES: SCHOOL-BASED ADVISORY SERVICES FOR COLLEGE AND POSTSECONDARY TRAINING PREPARATION AND SUCCESS; COLLEGE APPLICATION/ TESTING FEE PAYMENTS; GUIDANCE THROUGH THE ADMISSIONS PROCESS; COLLEGE TOURS TO PROSPECTIVE CAMPUSES; AND THE LEVERAGING OF FINANCIAL AID, SCHOLARSHIPS, AND GRANTS NEEDED TO ATTEND COLLEGE OR OTHER POSTSECONDARY TRAINING. EACH STUDENT COMPLETES A "FEE WAIVER APPLICATION" AT THE BEGINNING OF THE SCHOOL YEAR FOR OUR USE IN DETERMINING THEIR LEVEL OF POVERTY, BASED ON FEDERAL GUIDELINES, TO RECEIVE FEE WAIVERS AND FEE PAYMENTS MADE BY ACCESS ON THEIR BEHALF. WHEN FINANCIAL AID FORMS (FAFSAS) ARE FILED FOR THESE STUDENTS AND OUR COLLEGE STUDENTS, THE FAMILY SIZE AND INCOME INFORMATION IS CAPTURED AND UPDATED THROUGH ACTUAL TAX RETURNS. THIS INFORMATION WAS USED TO VERIFY THAT 76% OF THE STUDENTS IN 2018 AND 77% OF THE STUDENTS IN 2017 BELONGED TO A FAMILY WHOSE ANNUAL HOUSEHOLD INCOME WAS NOT IN EXCESS OF 300% OF THE FEDERAL POVERTY GUIDELINES. EARLY COLLEGE AWARENESS WITH OUR FOUNDATION'S PRIMARY TARGET BEING STUDENTS FROM LOW-INCOME FAMILIES WHO MAY NOT OTHERWISE HAVE ACCESS, WE BEGIN LAYING THE GROUNDWORK OF EARLY COLLEGE AWARENESS/READINESS ACTIVITIES TO MIDDLE SCHOOL STUDENTS IN THE 7TH AND 8TH GRADES AND THEN FOLLOW THEM INTO HIGH SCHOOL IN THE 9TH AND 10TH GRADES. MUCH OF THIS WORK IS DONE IN GROUP SETTINGS AND STUDENTS IN THESE GRADE LEVELS DO NOT DISCLOSE THEIR FAMILY'S FINANCIAL INFORMATION IN ORDER TO RECEIVE SERVICES. WE DO KNOW THAT THE SCHOOLS THESE STUDENTS ATTEND HAVE A MAJORITY POPULATION RECEIVING FREE- OR REDUCED- LUNCH. ADDITIONALLY, WHILE OUR MISSION IS TO SERVE LOW-INCOME STUDENTS, WE KNOW THAT IN THE PROCESS OF PROVIDING POSTSECONDARY EDUCATION PLANNING TO THESE LOW-INCOME STUDENTS, OTHER STUDENTS MAY RECEIVE INFOMRATION OR BENEFIT FROM ACTIVITIES PROVIDED IN GROUP SETTINGS. 3378357 true true false false false false false false false true true true false false false false true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 4 0 true 46 true true true false false false false false true 3 false false true false X 34 33 true false true false false false false true true false false true true true true true true true false false VA X X X PAMELA JIMERSON 7579626113 7300 NEWPORT AVENUE NORFOLK VA 23505 BONNIE B SUTTON PRESIDENT AND CEO 37.5 0.0 X X 221596 0 6987 Mark Compton DIRECTOR 0.2 0.0 X 0 0 0 CONRAD M HALL DIRECTOR 0.2 0.0 X 0 0 0 FRANK BATTEN JR CHAIRMAN 1.0 0.0 X X 0 0 0 JOAN P BROCK Director 0.2 0.0 X 0 0 0 CHARLES BIRDSONG DIRECTOR 0.2 0.0 X 0 0 0 CHRIS GRAVES DIRECTOR 0.2 0.0 X 0 0 0 RONALD C RIPLEY DIRECTOR 0.2 0.0 X 0 0 0 LOUIS RYAN DIRECTOR 0.2 0.0 X 0 0 0 MAURICE D SLAUGHTER DIRECTOR 0.2 0.0 X 0 0 0 THOMAS G JOHNSON JR DIRECTOR 0.2 0.0 X 0 0 0 R BRUCE BRADLEY DIRECTOR 0.2 0.0 X 0 0 0 ED TANKARD DIRECTOR 0.2 0.0 X 0 0 0 DAWN S GLYNN DIRECTOR 0.2 0.0 X 0 0 0 GWEN S GREEN DIRECTOR 0.2 0.0 X 0 0 0 ALFRED M RANDOLPH JR Chairman Emeritus 0.2 0.0 X X 0 0 0 LEMUEL E LEWIS SECRETARY TREASURER 1.0 0.0 X X 0 0 0 ANNE B SHUMADINE DIRECTOR 0.2 0.0 X 0 0 0 ALLISON MCDUFFIE DIRECTOR 0.2 0.0 X 0 0 0 SCOTT CARR DIRECTOR 0.2 0.0 X 0 0 0 MARK A JOHNSON DIRECTOR 0.2 0.0 X 0 0 0 DR Aaron Spence DIRECTOR 0.2 0.0 X 0 0 0 AUDREY SETTLE DIRECTOR 0.2 0.0 X 0 0 0 JANE R SHORT DIRECTOR 0.2 0.0 X 0 0 0 VICKY McPHERSON DIRECTOR 0.2 0.0 X 0 0 0 JOHN STEIN DIRECTOR 0.2 0.0 X 0 0 0 LEWIS W WEBB III DIRECTOR 0.2 0.0 X 0 0 0 WAYNE WILBANKS DIRECTOR 0.2 0.0 X 0 0 0 DAVID MELE CHAIR ELECT 0.2 0.0 X X 0 0 0 AMANDA GIFT Director 0.2 0.0 X 0 0 0 T RICHARD LITTON JR Director 0.2 0.0 X 0 0 0 OWEN GRIFFIN DIRECTOR 0.2 0.0 X 0 0 0 ELAINA L BANKS-GREEN DIRECTOR 0.2 0.0 X 0 0 0 WENDI BUTLER DIRECTOR 0.2 0.0 X 0 0 0 221596 0 6987 1 false true false 0 2291989 429377 2291989 0 922033 -154132 1076165 0 0 0 0 0 2848115 3301476 -453361 -453361 -453361 278686 98498 180188 180188 0 0 0 0 0 0 MISCELLANEOUS 11500 11500 11500 2952349 -154132 814492 0 666736 666736 0 0 226196 113098 61073 52025 0 2148153 1748767 135289 264097 0 450025 383601 24867 41557 169925 130783 12870 26272 0 0 22000 22000 0 0 57105 57105 0 0 38434 25500 7518 5416 75246 35594 6314 33338 0 0 37213 31936 3131 2146 0 164036 38808 9373 115855 0 0 10525 6841 2210 1474 18639 18639 PRINTING AND PUBLICATIONS 41356 13518 6749 21089 SCHOOL EVENTS/AWARENESS 138990 138990 MARKETING 52226 12803 8144 31279 REPAIRS & MAINTENANCE 17297 13521 3776 60458 17861 28242 14355 4394560 3378357 407300 608903 1144802 1177000 3490399 3591938 2535853 434618 0 0 0 0 0 0 0 0 0 0 0 0 262364 135736 79790 126628 12293104 13583719 33836071 35483249 0 0 0 0 0 0 53380019 54397152 197492 209588 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 197492 209588 X 980811 971124 17291455 17967667 34910261 35248773 53182527 54187564 53380019 54397152 -1442211 2447248 X false true X true X 2534986 3363661 1943641 3977215 2291989 14111492 0 0 2534986 3363661 1943641 3977215 2291989 14111492 2993014 11118478 690888 882752 1180889 628048 1076165 4458742 0 11500 11500 18581734 0.59835 0.58273 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51411620 338512 2855700 1999194 52606638 47411230 1846023 3892602 1738241 51411614 44960839 86010 4006815 1642434 47411230 44524099 3595101 -1982835 1382619 44753746 41734436 2943166 1268949 1346742 44599809 79251 27462 51789 183113 108274 74839 126628 PARTNERSHIPS, NET ASSET VALUE 35483249 F 35483249 5423553 2447248 81061 2528309 2895244 57105 57105 2952349 4418516 81061 81061 4337455 57105 57105 4394560 ENDOWMENT FUND TO PROVIDE OPERATING FUND TO FURTHER THE FOUNDATION'S EXEMPT PURPOSE. FIN 48 MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE FOUNDATION'S TAX RETURNS. MANAGEMENT BELIEVES THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST. GALA 278686 278686 98498 NONE 0 278686 278686 98498 98498 180188 true STUDENT GRANTS 506 666736 Monitoring Assistance The Foundation monitors the use of funds according to the requirements of that particular grant. The Foundation tracks all personnel and other expenditures and follows their guidelines for travel if personnel are reimbursed for travel expenses. X X X X false false false false false false false false false BONNIE B SUTTON PRESIDENT AND CEO 173339 48257 0 6987 228583 0 X 4 248722 FMV X 14 269497 FMV false true false FORM 990 PROVIDED TO GOVERNING BODY ALTHOUGH FORM 990 HAS BEEN PROVIDED TO THE GOVERNING BODY, THERE WAS NO FORMAL PRESENTATION TO THE EXECUTIVE COMMITTEE PRIOR TO FILING THE RETURN. THE RETURN WOULD HAVE TO HAVE BEEN READY BY OCTOBER 15 TO ACCOMPLISH THAT. CONFLICT OF INTEREST IN MARCH OF EACH YEAR THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT COMPENSATION THE CHAIRMAN SENDS TO THE EXECUTIVE COMMITTEE "ASSESSMENT OF THE CHIEF EXECUTIVE - SHORT FORM" DEVELOPED BY THE NATIONAL CENTER FOR NONPROFIT BOARDS, AS WELL AS THE FOLLOWING DOCUMENTS: (1) A SELF-EVALUATION THAT ADDRESSES MAJOR STRENGTHS, SIGNIFICANT PERSONAL AND PROGRAM ACHIEVEMENTS, AND ORGANIZATIONAL GOALS FOR THE COMING YEAR; (2) DOCUMENTS THAT COMPARE THE CEO'S OF ORGANIZATIONS SIMILAR TO ACCESS COLLEGE FOUNDATION, AND THE CEO'S OF OTHER SOUTH HAMPTON ROADS EXEMPT ORGANIZATIONS, AND A HISTORY OF CEO COMPENSATION PAID BY THE FOUNDATION SINCE 2000. THE EXECUTIVE COMMITTEE DISCUSSES AND EVALUATES PERSONAL AND PROGAM PERFORMANCE TO DETERMINE APPROPRIATE SALARY AND BENEFITS. THE CHAIRMAN ADVISES THE CEO OF ITS DETERMINATION. THE COMPENSATION ESTABLISHED BY THE EXECUTIVE COMMITTEE IS INCLUDED IN THE ORGANIZATION'S ANNUAL BUDGET. THE CHAIRMAN SENDS AN UPDATE ON THE COMPENSATION DETERMINATION TO THE FULL BOARD. DISCLOSURE THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA THE WEBSITE WWW.ACCESSCOLLEGE.ORG BYLAWS Bylaws were amended to split the position of secretary/treasurer so that two people may serve when necessary. Also allows for the same position to serve as both roles when necessary. RELATIONSHIPS DIRECTORS FRANK BATTEN, JR., CONRAD HALL, AND DAVID MELE HAVE A BUSINESS RELATIONSHIP. DIRECTORS ANNE B. SHUMADINE AND AMANDA GIFT HAD A BUSINESS RELATIONSHIP. ANNE B. SHUMADINE PASSED AWAY ON 7/24/2018. DIRECTORS R. BRUCE BRADLEY AND AMANDA GIFT HAVE A FAMILY RELATIONSHIP.