ACCESS COLLEGE FOUNDATION: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- ACCESS COLLEGE FOUNDATION (EIN 54-1440734)
- Tax period
- 2016-07-01 to 2017-06-30
- Filed
- 2017-11-15
- IRS object ID
- 201733199349309913
- Schema version
- 2016v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T12:57:04-06:00 | ReturnTs |
| Tax Period End | 2017-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 Boush Street Suite 1100 | AddressLine1Txt |
| City | Norfolk | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23510 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541440734 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ACCESS COLLEGE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % PAMELA JIMERSON | InCareOfNm |
| Business Name Control | ACCE | BusinessNameControlTxt |
| Phone | 7579626113 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7300 NEWPORT AVENUE SUITE 500 Suit | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23505 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BONNIE B SUTTON | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 7579627285 | PhoneNum |
| Signature | 2017-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | James E Prince III | PreparerPersonNm |
| PTIN | P00559346 | PTIN |
| Phone | 7576407190 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 162.249.80.3 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 54222620173195000002 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-15 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 12D6F5127C04A6DDFAE5EFD8B3573997AA4B775A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4B5F8544D9EDB03B949684E76446DB3AF3D38E12 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BONNIE B SUTTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7300 NEWPORT AVENUE SUITE 500 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23505 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,158,386 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.accesscollege.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | The Access College Foundation helps students in the public high schools of South Hampton Roads and Northampton County, VA go to college. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 49 | TotalEmployeeCnt |
| Total Volunteers | 45 | TotalVolunteersCnt |
| Total Gross UBI | -$39,219 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$17,541 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,363,661 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,943,369 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $865,390 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,119,308 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$315 | CYOtherRevenueAmt |
| PY Total Revenue | $6,229,051 | PYTotalRevenueAmt |
| CY Total Revenue | $4,062,362 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $663,527 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $765,075 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,408,400 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,468,477 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $534,881 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $719,459 | PYOtherExpensesAmt |
| CY Other Expenses | $698,108 | CYOtherExpensesAmt |
| PY Total Expenses | $3,791,386 | PYTotalExpensesAmt |
| CY Total Expenses | $3,931,660 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,437,665 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $130,702 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $47,540,658 | TotalAssetsBOYAmt |
| Total Assets EOY | $49,620,484 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $103,731 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $107,235 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $47,436,927 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $49,513,249 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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 13,000 HIGH SCHOOL JUNIORS, SENIORS, AND COLLEGE STUDENTS DURING 2016 AND 12,000 IN 2015. OF THOSE STUDENTS, 5,200 FAMILIES DISCLOSED THEIR INCOME AND MORE THAN 79% 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 | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,005,196 | ExpenseAmt |
| Grant | $765,075 | GrantAmt |
| Revenue | $545,483 | RevenueAmt |
| Desc | 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 13,000 high school juniors, seniors, and college students during 2016 and 12,000 in 2015. Of those students, 5,200 families disclosed their income and more than 79% 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 8,000+ 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, 598 STUDENTS RECEIVED AN ACCESS SCHOLARSHIP. IN ADDITION TO HIGH SCHOOL UPPERCLASSMEN AND COLLEGE STUDENTS, APPROXIMATELY 21,000 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. | Desc |
| Total Program Service Expenses | $3,005,196 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 49 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | Yes (true) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 2 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAMELA JIMERSON | PersonNm |
| Phone | 7579626113 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7300 NEWPORT AVENUE | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23505 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| BONNIE B SUTTON | |||||||
| PRESIDENT AND CEO | 37.5 | 0.0 | Yes (X) | Yes (X) | $192,629 | $0 | $8,539 |
| Mark Compton | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| CONRAD M HALL | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| FRANK BATTEN JR | |||||||
| CHAIRMAN ELECT | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| BARRY C BISHOP | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| JOAN P BROCK | |||||||
| Director | 0.2 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CHARLES BIRDSONG | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| CHRIS GRAVES | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| RONALD C RIPLEY | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| LOUIS RYAN | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| MAURICE D SLAUGHTER | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| THOMAS G JOHNSON JR | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| R BRUCE BRADLEY | |||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KAREN JONES SQUIRES | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| ED TANKARD | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| DAWN S GLYNN | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| GWEN S GREEN | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| ALFRED M RANDOLPH JR | |||||||
| CHAIRMAN | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| LEMUEL E LEWIS | |||||||
| SECRETARY TREASURER | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANNE B SHUMADINE | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| ALLISON MCDUFFIE | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| SCOTT CARR | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| MARK A JOHNSON | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| DR Aaron Spence | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| J CHRISTOPHER PERRY | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| AUDREY SETTLE | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| SONIA SONNER | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| JANE R SHORT | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| VICKY McPHERSON | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| JOHN STEIN | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| LEWIS W WEBB III | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| WAYNE WILBANKS | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| DAVID MELE | |||||||
| DIRECTOR | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| AMANDA GIFT | |||||||
| Director | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| T RICHARD LITTON JR | |||||||
| Director | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $192,629 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $8,539 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,943,369 | AllOtherContributionsAmt |
| Noncash Contributions | $89,907 | NoncashContributionsAmt |
| Total Contributions | $1,943,369 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,134,790 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$39,219 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,174,009 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,080,542 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,096,024 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $984,518 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $984,518 | TotalRevenueColumnAmt |
| Exclusion | $984,518 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Total Revenue Column | -$315 | TotalRevenueColumnAmt |
| Exclusion | -$315 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$315 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,062,362 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$39,219 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,158,212 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $765,075 | TotalAmt |
| Program Services | $765,075 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,016 | TotalAmt |
| Program Services | $50,004 | ProgramServicesAmt |
| Management And General | $50,004 | ManagementAndGeneralAmt |
| Fundraising | $100,008 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,796,643 | TotalAmt |
| Program Services | $1,474,188 | ProgramServicesAmt |
| Management And General | $93,047 | ManagementAndGeneralAmt |
| Fundraising | $229,408 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,244 | TotalAmt |
| Program Services | $275,346 | ProgramServicesAmt |
| Management And General | $28,342 | ManagementAndGeneralAmt |
| Fundraising | $28,556 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,574 | TotalAmt |
| Program Services | $102,299 | ProgramServicesAmt |
| Management And General | $20,571 | ManagementAndGeneralAmt |
| Fundraising | $16,704 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,650 | TotalAmt |
| Management And General | $40,650 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,979 | TotalAmt |
| Management And General | $56,979 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,485 | TotalAmt |
| Program Services | $33,416 | ProgramServicesAmt |
| Management And General | $10,454 | ManagementAndGeneralAmt |
| Fundraising | $8,615 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,718 | TotalAmt |
| Program Services | $23,065 | ProgramServicesAmt |
| Management And General | $5,359 | ManagementAndGeneralAmt |
| Fundraising | $17,294 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,290 | TotalAmt |
| Program Services | $23,659 | ProgramServicesAmt |
| Management And General | $2,131 | ManagementAndGeneralAmt |
| Fundraising | $1,500 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,339 | TotalAmt |
| Program Services | $38,447 | ProgramServicesAmt |
| Management And General | $13,974 | ManagementAndGeneralAmt |
| Fundraising | $65,918 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,908 | TotalAmt |
| Program Services | $15,218 | ProgramServicesAmt |
| Management And General | $845 | ManagementAndGeneralAmt |
| Fundraising | $845 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,018 | TotalAmt |
| Management And General | $14,847 | ManagementAndGeneralAmt |
| Fundraising | $1,171 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRINTING AND PUBLICATIONS | $92,718 | $65,601 | $677 | $26,440 |
| BACKGROUND CHECK | $3,413 | $1,460 | $1,953 | |
| SCHOOL EVENTS/AWARENESS | $106,289 | $106,289 | ||
| REPAIRS & MAINTENANCE | $24,563 | $5,299 | $14,018 | $5,246 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,738 | TotalAmt |
| Program Services | $25,830 | ProgramServicesAmt |
| Management And General | $37,732 | ManagementAndGeneralAmt |
| Fundraising | $33,176 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,931,660 | TotalAmt |
| Program Services | $3,005,196 | ProgramServicesAmt |
| Management And General | $391,583 | ManagementAndGeneralAmt |
| Fundraising | $534,881 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,397,146 | BOYAmt |
| EOY | $1,497,805 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,755,893 | BOYAmt |
| EOY | $2,979,407 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,784,263 | BOYAmt |
| EOY | $4,381,915 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,540 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $221,570 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $137,035 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,839 | BOYAmt |
| EOY | $84,535 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,430,679 | BOYAmt |
| EOY | $11,605,847 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,072,298 | BOYAmt |
| EOY | $29,070,975 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,540,658 | BOYAmt |
| EOY | $49,620,484 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,731 | BOYAmt |
| EOY | $107,235 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,731 | BOYAmt |
| EOY | $107,235 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,365,687 | BOYAmt |
| EOY | $1,489,319 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,093,018 | BOYAmt |
| EOY | $15,166,791 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,978,222 | BOYAmt |
| EOY | $32,857,139 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,436,927 | BOYAmt |
| EOY | $49,513,249 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,540,658 | BOYAmt |
| EOY | $49,620,484 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $130,702 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,945,620 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,687,118 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,678,840 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,534,986 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,363,661 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,943,641 | CurrentTaxYearAmt |
| Total | $14,208,246 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,687,118 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,678,840 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,534,986 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,363,661 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,943,641 | CurrentTaxYearAmt |
| Total | $14,208,246 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,949,836 | SubstantialContributorsTotAmt |
| Public Support Total170 | $12,258,410 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $719,047 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $839,070 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $988,011 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $866,600 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,127,910 | CurrentTaxYearAmt |
| Total | $4,540,638 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $24,519 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,716 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,877 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,152 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,880 | CurrentTaxYearAmt |
| Total | $74,144 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,823,028 | TotalSupportAmt |
| Public Support CY170 | 0.65124 | PublicSupportCY170Pct |
| Public Support PY170 | 0.65888 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,960,839 | BeginningYearBalanceAmt |
| Contributions | $86,010 | ContributionsAmt |
| Investment Earnings Or Losses | $4,006,815 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,642,434 | OtherExpendituresAmt |
| End Year Balance | $47,411,230 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,524,099 | BeginningYearBalanceAmt |
| Contributions | $3,595,101 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,982,835 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,382,619 | OtherExpendituresAmt |
| End Year Balance | $44,753,746 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,734,436 | BeginningYearBalanceAmt |
| Contributions | $2,943,166 | ContributionsAmt |
| Investment Earnings Or Losses | $1,268,949 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,346,742 | OtherExpendituresAmt |
| End Year Balance | $44,599,809 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $33,673,233 | BeginningYearBalanceAmt |
| Contributions | $4,654,744 | ContributionsAmt |
| Investment Earnings Or Losses | $3,840,331 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $433,872 | OtherExpendituresAmt |
| End Year Balance | $41,734,436 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,565,612 | BeginningYearBalanceAmt |
| Contributions | $5,982,563 | ContributionsAmt |
| Investment Earnings Or Losses | $2,735,899 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $610,841 | OtherExpendituresAmt |
| End Year Balance | $33,673,233 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.73900 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.26100 | TermEndowmentBalanceEOYPct |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,251 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,398 | DepreciationAmt |
| Book Value | $55,853 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $142,319 | OtherCostOrOtherBasisAmt |
| Depreciation | $113,637 | DepreciationAmt |
| Book Value | $28,682 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $84,535 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PARTNERSHIPS, AT COST | $0 | C |
| PARTNERSHIPS, NET ASSET VALUE | $29,070,975 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $29,070,975 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $6,036,363 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,945,620 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $85,360 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $2,030,980 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,005,383 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $56,979 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $56,979 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,062,362 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,960,041 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $85,360 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $85,360 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,874,681 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $56,979 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $56,979 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,931,660 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | STUDENT GRANTS | GrantTypeTxt |
| Recipient | 598 | RecipientCnt |
| Cash Grant | $751,036 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring Assistance | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BONNIE B SUTTON | PersonNm |
| Title | PRESIDENT AND CEO | TitleTxt |
| Base Compensation Filing Org | $157,397 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $35,232 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $8,539 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $201,168 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp |
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $89,907 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp | |
| Securities Publicly Traded | SecuritiesPubliclyTradedGrp | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 DISCLOSURE | THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC |
| OTHER CHANGES IN NET ASSETS | UNREALIZED GAINS AND LOSSES |
| PART VI SECTION A ITEM 2 | 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. CHRISTORPHER PERRY HAVE A FAMILY RELATIONSHIP. |
Comments