2017-11-15T12:57:04-06:00 2017-06-30 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2016-07-01 541440734 ACCESS COLLEGE FOUNDATION % PAMELA JIMERSON ACCE 7579626113 7300 NEWPORT AVENUE SUITE 500 Suit NORFOLK VA 23505 BONNIE B SUTTON PRESIDENT/CEO 7579627285 2017-11-14 true James E Prince III P00559346 7576407190 162.249.80.3 54222620173195000002 2017-11-15 P 12D6F5127C04A6DDFAE5EFD8B3573997AA4B775A 4B5F8544D9EDB03B949684E76446DB3AF3D38E12 2016 2021-01-29 14:40:06Z BONNIE B SUTTON 7300 NEWPORT AVENUE SUITE 500 NORFOLK VA 23505 10158386 false X www.accesscollege.org X 1988 VA The Access College Foundation helps students in the public high schools of South Hampton Roads and Northampton County, VA go to college. 36 35 49 45 -39219 -17541 5363661 1943369 0 0 865390 2119308 0 -315 6229051 4062362 663527 765075 0 0 2408400 2468477 0 0 534881 719459 698108 3791386 3931660 2437665 130702 47540658 49620484 103731 107235 47436927 49513249 X 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 false false 3005196 765075 545483 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. 3005196 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 false 0 0 49 true true true false false false false false true 2 false false false false X 36 35 true false false 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 192629 0 8539 Mark Compton DIRECTOR 0.2 0.0 X 0 0 0 CONRAD M HALL DIRECTOR 0.2 0.0 X X 0 0 0 FRANK BATTEN JR CHAIRMAN ELECT 0.2 0.0 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 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 1.0 0.0 X 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 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 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 192629 0 8539 1 false true false 0 1943369 89907 1943369 0 1134790 -39219 1174009 0 0 0 0 0 7080542 6096024 984518 984518 984518 0 0 0 0 0 0 0 0 0 MISCELLANEOUS -315 -315 -315 4062362 -39219 2158212 0 765075 765075 0 0 200016 50004 50004 100008 0 1796643 1474188 93047 229408 0 332244 275346 28342 28556 139574 102299 20571 16704 0 0 40650 40650 0 0 56979 56979 0 0 52485 33416 10454 8615 45718 23065 5359 17294 0 0 27290 23659 2131 1500 0 118339 38447 13974 65918 0 0 16908 15218 845 845 16018 14847 1171 PRINTING AND PUBLICATIONS 92718 65601 677 26440 BACKGROUND CHECK 3413 1460 1953 SCHOOL EVENTS/AWARENESS 106289 106289 REPAIRS & MAINTENANCE 24563 5299 14018 5246 96738 25830 37732 33176 3931660 3005196 391583 534881 1397146 1497805 1755893 2979407 6784263 4381915 0 0 0 0 0 0 0 0 0 0 7540 0 221570 137035 92839 84535 9430679 11605847 28072298 29070975 0 0 0 0 0 0 47540658 49620484 103731 107235 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103731 107235 X 1365687 1489319 13093018 15166791 32978222 32857139 47436927 49513249 47540658 49620484 130702 1945620 X false true X true X 2687118 3678840 2534986 3363661 1943641 14208246 0 0 2687118 3678840 2534986 3363661 1943641 14208246 1949836 12258410 719047 839070 988011 866600 1127910 4540638 0 24519 23716 2877 16152 6880 74144 18823028 0.65124 0.65888 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44960839 86010 4006815 1642434 47411230 44524099 3595101 -1982835 1382619 44753746 41734436 2943166 1268949 1346742 44599809 33673233 4654744 3840331 433872 41734436 25565612 5982563 2735899 610841 33673233 0.00000 0.73900 0.26100 false 0 0 0 79251 23398 55853 142319 113637 28682 0 0 0 84535 PARTNERSHIPS, AT COST 0 C PARTNERSHIPS, NET ASSET VALUE 29070975 F 29070975 6036363 1945620 85360 2030980 4005383 56979 56979 4062362 3960041 85360 85360 3874681 56979 56979 3931660 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. true STUDENT GRANTS 598 751036 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 157397 0 35232 0 0 0 0 0 8539 0 201168 0 0 0 X 89907 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 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.