2018-11-15T06:14:03-06:00 2018-06-30 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2017-07-01 541440734 Access College Foundation % PAMELA JIMERSON ACCE 7579626113 7300 Newport Avenue Suite 500 Suite Norfolk VA 23505 BONNIE SUTTON PRESIDENT/CEO 7579627285 2018-11-15 true James E Prince III P00559346 7576407190 2018-11-15 162.249.82.11 54222620183195000000 2018-11-15 P 61CE8145AE0FCA86B591966C4CD1245B6EB464FC 27745B154FC8052976959A067951EB614792E4C1 2017 2018-06-14 16:35:46Z BONNIE SUTTON 7300 NEWPORT AVENUE SUITE 500 Norfolk VA 23505 10493862 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. 38 37 52 50 159751 -18017 1943369 3977215 0 0 2119308 1374926 -315 0 4062362 5352141 765075 663125 0 0 2468477 2847979 0 0 600121 698108 747749 3931660 4258853 130702 1093288 49620484 53380019 107235 197492 49513249 53182527 THE PURPOSE OF THE FOUNDATION IS TO PROVIDE STUDENTS, WHO MAY NOT HAVE THE OPPORTUNITY, THE PATH TO ATTEND AND COMPLETE COLLEGE. THE FOUNDATION PROVIDED POSTSECONDARY EDUCATION PLANNING TO MORE THAN 12,000 HIGH SCHOOL JUNIORS, SENIORS, AND COLLEGE STUDENTS DURING 2017 AND 13,000 IN 2016. OF THOSE STUDENTS, 5,900 FAMILIES DISCLOSED THEIR INCOME AND MORE THAN 77% WERE VERIFIED TO BE LOW-INCOME. BASED ON FEDERAL FREE AND REDUCED LUNCH STATISTICS, OTHER FAMILIES WERE LIKELY LOW-INCOME AS WELL, BUT DID NOT OFFICIALLY DISCLOSE THEIR INFORMATION. THE ACCESS COLLEGE FOUNDATION WILL ELIMINATE BARRIERS TO POSTSECONDARY EDUCATION FOR UNDERREPRESENTED AND LOW-INCOME STUDENTS WHO ARE LESS LIKELY TO ATTAIN HIGHER EDUCATION BECAUSE OF SOCIO-ECONOMIC FACTORS AND LACK OF INFORMATION ABOUT THE COLLEGE ADMISSION AND FINANCIAL AID PROCESSES. THE ACCESS COLLEGE FOUNDATION IS COMMITTED TO THE BETTERMENT OF OUR STUDENTS AND TO PROVIDING THEM WITH THE TOOLS NECESSARY TO BE SUCCESSFUL IN THEIR EDUCATIONAL ENDE false false 3246437 663125 The purpose of the Foundation is to provide students, who may not have the opportunity, the path to attend and complete college. The Foundation provided postsecondary education planning to more than 12,000 high school juniors, seniors, and college students during 2017 and 13,000 in 2016. Of those students, 5,900 families disclosed their income and more than 77% were verified to be low-income. Based on federal free and reduced lunch statistics, other families were likely low-income as well, but did not officially disclose their information. POSTSECONDARY EDUCATION PLANNING: SCHOOL-BASED ADVISORY SERVICES FOR COLLEGE 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. 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, ANOTHER 7,000+ JUNIORS AND SENIORS OF UNKNOWN FAMILY INCOMES RECEIVE INFORMATION; SOME ALSO BENEFIT FROM THE ACTIVITIES AND SERVICES PROVIDED IN GROUP SETTINGS IN THE SCHOOLS. SUPPLEMENTARY TO THE EDUCATIONAL PLANNING PROVIDED, 533 STUDENTS RECEIVED AN ACCESS SCHOLARSHIP. IN ADDITION TO HIGH SCHOOL UPPERCLASSMEN AND COLLEGE STUDENTS, APPROXIMATELY 23,000 STUDENTS IN GRADES 7-10 ATTENDING A HIGH-NEED MIDDLE OR HIGH SCHOOL PARTICIPATED IN EARLY COLLEGE AWARENESS/READINESS INFORMATIONAL SESSIONS AND ACTIVITIES. IN THE HIGH-NEED MIDDLE AND HIGH SCHOOLS THAT ACCESS SERVES AN AVERAGE OF EIGHT OUT OF EVERY TEN FAMILIES HAVE INCOME AT OR BELOW 300% OF THE FEDERAL POVERTY GUIDELINES. 3246437 true true false false false false false false false true true true false false false false true false false false false false false false false false false false true true false false false false false false false false true false false false false false false false false true 2 0 true 52 true true true false false false false false true 1 false false true false X 38 37 true false true false false false false true true false false true true true true true true true false false X X X PAMELA JIMERSON 7579626113 7300 NEWPORT AVENUE NORFOLK VA 23505 BONNIE B SUTTON PRESIDENT AND CEO 37.5 0.0 X X 202341 0 6349 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 ELECT 0.2 0.0 X X 0 0 0 BARRY C BISHOP DIRECTOR 0.2 0.0 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 KAREN JONES SQUIRES 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 1.0 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 MCDUFFY 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 J CHRISTOPHER PERRY DIRECTOR 0.2 0.0 X 0 0 0 AUDREY SETTLE DIRECTOR 0.2 0.0 X 0 0 0 SONIA SONNER 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 DIRECTOR 0.2 0.0 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 BLANKS-GREEN DIRECTOR 0.2 0.0 X 0 0 0 WENDI BUTLER DIRECTOR 0.2 0.0 X 0 0 0 202341 0 6349 1 false true false 0 3977215 382718 3977215 0 787799 159751 628048 0 0 0 0 0 5728848 5141721 587127 587127 587127 0 0 0 0 0 0 0 0 0 0 5352141 159751 1215175 0 663125 663125 0 0 213123 74593 55412 83118 0 2003543 1609407 127144 266992 0 472182 387741 29995 54446 159131 120592 12732 25807 0 0 30000 30000 0 0 57013 57013 0 0 39386 22955 10270 6161 48089 26382 6331 15376 0 0 46207 40446 4028 1733 0 124152 56850 12366 54936 0 0 14356 9331 3015 2010 18414 18275 139 PRINTING AND PUBLICATIONS 95017 63071 1808 30138 SCHOOL EVENTS/AWARENESS 117441 117441 REPAIRS & MAINTENANCE 23476 12460 4647 6369 STUDENT FEES 11800 11800 122398 30243 39259 52896 4258853 3246437 412295 600121 1497805 1144802 2979407 3490399 4381915 2535853 0 0 0 0 0 0 0 0 0 0 0 0 225782 145992 84535 79790 11605847 12293104 29070975 33836071 0 0 0 0 0 0 49620484 53380019 107235 197492 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 107235 197492 X 1499098 980811 14950190 17291455 33063961 34910261 49513249 53182527 49620484 53380019 1093288 2575990 X false true X true X 3678840 2534986 3363661 1943641 3977215 15498343 0 0 3678840 2534986 3363661 1943641 3977215 15498343 3758372 11739971 839070 988011 866600 1127910 787799 4609390 0 23716 2877 16152 6880 0 49625 20157358 0.58242 0.65124 X 47410959 1846300 3892602 1738241 51411620 44960839 85739 4006815 1642434 47410959 44524099 3595101 -1982835 1382619 44753746 41734436 2943166 1268949 1346742 44599809 33673233 4654744 3840331 433872 41734436 0.67900 0.32100 0 0 0 79251 25430 53821 146531 120562 25969 79790 PARTNERSHIPS, NET ASSET VALUE 33836071 F 33836071 7950252 2575990 78641 493 2655124 5295128 57013 57013 5352141 4280974 78641 493 79134 4201840 57013 57013 4258853 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. PART XI & XII LINE 2D CHANGE IN PLEDGE RECEIVABLE: $493 true STUDENT GRANTS 533 663125 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 155806 46535 0 0 6349 208690 0 X 2 126809 FMV X 15 248409 FMV 1 false false false SECTION VI PART B ITEM 11 FORM 990 REVIEW 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. SECTION VI PART B ITEM 12 CONFLICT OF INTEREST IN MARCH OF EACH YEAR THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. SECTION VI PART B ITEM 15 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. SECTION VI PART C ITEM 19 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 SECTION VI PART A ITEM 4 BYLAWS Bylaws were amended to include non-voting Honorary Directors which consist of school superintendents and one representative from each school board in districts served by ACCESS. A position of Superintendent Director was also created to serve as a voting member of the board and to servce on the Executive Committee. The meeting schedule was also changed to include an additional board meeting in the month of January. PART VI SECTION A ITEM 2 RELATIONSHIPS DIRECTORS FRANK BATTEN, JR. AND DAVID MELE HAVE A BUSINESS RELATIONSHIP. DIRECTORS ANNE B. SHUMADINE AND AMANDA GIFT HAVE A BUSINESS RELATIONSHIP. DIRECTORS R. BRUCE BRADLEY AND AMANDA GIFT HAVE A FAMILY RELATIONSHIP. DIRECTORS JOAN P. BROCK AND J. CHRISTOPHER PERRY HAVE A FAMILY RELATIONSHIP.