2015-02-16T10:36:22-06:00 2014-06-30 111986323 MARCUM LLP 53 STATE STREET FLOOR 38 BOSTON MA 02109 990 2013-07-01 136130107 ACHIEVEMENT FOUNDATION INC ACHI 8606130315 460 SMITH STREET NO K MIDDLETOWN CT 06457 WILLIAM ANNECHINI TREASURER 8606130315 2015-01-31 1 DOUGLAS FARRINGTON P00370668 6177429666 2013 2016-03-07 17:11:31Z PAUL BRADY 460 SMITH STREET MIDDLETOWN CT 06457 1966067 0 X WWW.ACHIEVEMENTFOUNDATION.ORG X 1945 CT THE ACHIEVEMENT FOUNDATION, BY USING ITS FINANCIAL RESOURCES, DEDICATES ITSELF TO DEVELOPING A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM BY YOUNG PEOPLE. THE ACHIEVEMENT FOUNDATION MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS IN SUPPORT OF THE FOUNDATION'S MISSION, MAKES LOANS TO JUNOIR ACHIEVEMENT AREAS IN FINANCIAL NEED, AND MAKES SCHOLARSHIPS TO STUDENTS WHO HAVE COMPLETED JUNIOR ACHIEVEMENT PROGRAMS. 11 11 0 11 0 0 13540 15750 0 0 -33526 470156 0 0 -19986 485906 192893 135093 0 0 0 0 0 0 0 63819 72772 256712 207865 -276698 278041 4220540 4909125 177832 155925 4042708 4753200 X THE ACHIEVEMENT FOUNDATION, BY USING ITS FINANCIAL RESOURCES, DEDICATES ITSELF TO DEVELOPING A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM BY YOUNG PEOPLE. THE ACHIEVEMENT FOUNDATION MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS IN SUPPORT OF THE FOUNDATION'S MISSION, MAKES LOANS TO JUNIOR ACHIEVEMENT AREAS IN FINANCIAL NEED, AND MAKES SCHOLARSHIPS TO STUDENTS WHO HAVE COMPLETED JUNIOR ACHIEVEMENT PROGRAMS. 0 0 106000 106000 THE FOUNDATION MADE GRANTS TO NONPROFIT ORGANIZATIONS WHICH DEVELOP A BETTER UNDERSTANDING OF THE FREE ENTERPRISE SYSTEM IN YOUNG PEOPLE. THE FOUNDATION MAKES LOANS TO SPECIFIC JUNIOR ACHIEVEMENT PROGRAMS IN FINANCIAL NEED. THESE LOANS ARE REPAID AT NO INTEREST IF THE LOANS ARE REPAID ACCORDING TO THE AGREED UPON SCHEDULE. 29093 29093 THE FOUNDATION MAKES TWO SCHOLARSHIP PROGRAMS AVAILABLE TO GRADUATES OF JUNIOR ACHIEVEMENT HIGH SCHOOL PROGRAMS. 135093 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X PAUL BRADY 8606130315 460 SMITH STREET SUITE K MIDDLETOWN CT 06457 X ALFRED LEE BRIGHT BOARD MEMBER 1.00 X 0 0 0 MIKE HANNIGAN JR SECRETARY 1.00 X X 0 0 0 NORMAN FLEMING BOARD MEMBER 1.00 X 0 0 0 R CHADWICK PAUL JR CHAIRMAN 1.00 X X 0 0 0 CHRIS WHITE BOARD MEMBER 1.00 X 0 0 0 CAROL MOZAK-WOLFF BOARD MEMBER 1.00 X 0 0 0 WILLIAM ANNECHINI TREASURER 1.00 X X 0 0 0 ANTHONY SCHOPP BOARD MEMBER 1.00 X 0 0 0 JACK KOSAKOWSKI BOARD MEMBER 1.00 X 0 0 0 KURT SNYDER BOARD MEMBER 1.00 X 0 0 0 BONNAE MESHULAM BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 15750 15750 93369 93369 1856948 1480161 376787 376787 376787 485906 0 0 470156 106000 106000 29093 29093 7040 7040 20487 20487 36882 36882 725 725 50 50 2217 2217 529 529 3854 3854 TELEPHONE 503 503 LICENSE & PERMITS 260 260 POSTAGE & DELIVERY 138 138 PRINTING & REPRODUCTION 22 22 65 65 207865 135093 72772 0 96358 90966 113246 302187 8250 5500 3623768 4104988 378918 405484 4220540 4909125 75000 66000 102832 89925 177832 155925 X 3443486 4189609 220304 158107 378918 405484 4042708 4753200 4220540 4909125 278041 432451 0 X 0 1 X 0 0 X X X 0 0 0 JUNIOR ACHIEVEMENT INC 841267604 12 0 1 1 106000 1 106000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378918 26564 405482 367702 11216 378918 385471 -17769 367702 354130 31341 385471 343931 10199 354130 1 0 0 PERPETUAL TRUST HELD BY HORACE A. MOSES 269520 F ESTATE OF S. BAYARD COLGATE 113853 F ESTATE OF ERNEST W. WOOD 22111 F 405484 SCHOLARSHIPS PAYABLE 89925 89925 X 918357 432453 432453 485904 2 2 485906 207865 0 207865 0 207865 PART V, LINE 4: THE FUNDS ARE USED FOR THE EXPANSION OF THE WORK OF JUNIOR ACHIEVEMENT INC TO NEW AREAS OR FOR STUDIES IN THE IMPROVEMENT OF THE PROGRAM. THEY ARE ALSO USED FOR SPECIAL TRAINING AND RECRUITING FILMS. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 2. 1 JA OF CENTRAL FLORIDA 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF WESTERN CONNECTICUT 841267604 15000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF SACRAMENTO 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF COASTAL SOUTH CAROLINA 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF KENTUCKIANA 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF ARIZONA 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF THE UPPER MIDWEST 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF NORTHERN CALIFORNIA 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF NEW MEXICO 841267604 10000 SUPPORT OF EDUCATIONAL PROGRAMS JA OF CENTRAL MARYLAND 841267604 5000 SUPPORT OF EDUCATIONAL PROGRAMS YOUTHBIZ INC 841212586 10000 SUPPORT OF EDUCATIONAL PROGRAMS GIRL SCOUTS OF CENTRAL MARYLAND 520780207 5000 SUPPORT OF EDUCATIONAL PROGRAMS SUPPORT OF EDUCATIONAL PROGRAMS SUPPORT OF EDUCATIONAL PROGRAMS SUPPORT OF EDUCATIONAL PROGRAMS STANLEY CHIANG, EMORY UNIVERSITY 1 5000 DANIEL HAARBURGER, STANFORD UNIVERSITY 1 5000 GEORGLY LOMSADZE, YALE UNIVERSITY 1 5000 ZACHARY TERZIC, UNIVERSITY OF DENVER 1 5000 MIA ROHR, JOHN PAUL THE GREAT CATHOLIC UNIVERSITY 1 5000 ERICA WILLIAMS, UNIVERSITY OF GEORGIA 1 2000 SARA HOJJAITE, GEORGIA INSTITUTE OF TECHNOLOGY 1 2000 SHONTEL STEWART, UNIVERSITY OF GEORGIA 1 2000 CHELSEA COOK, UNIVERSITY OF MIAMI 1 2000 JOSUEL PLASENCIA, BABSON COLLEGE 1 5000 TERRY LIN, UNIVERSITY OF PENNSYLVANIA 1 1000 WILHELM THURSTON, UNIVERISTY OF MISSOURI 1 2000 ROSALEE ABRAMS-CARTER, MINNESOTA SCHOOL OF COSMETOLOGY 1 1000 PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO FILE QUARTERLY REPORTS AND A FINAL ANNUAL REPORT. SCHOLARSHIP RECIPIENTS ARE REQUIRED TO FILE SEMESTER TRANSCRIPTS. FORM 990, PART VI, SECTION A, LINE 3 ACHIEVEMENT FOUNDATION CONTRACTS WITH AMERICAN COUNCIL OF ENGINEERING COMPANIES OF CONNECTICUT TO PROVIDE ADMINISTRATIVE SERVICES TO THE FOUNDATION. PAUL BRADY SERVES AS EXECUTIVE DIRECTOR OF THE FOUNDATION UNDER THIS CONTRACT. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B YES. VARIOUS DECISONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE 990 IS REVIEWED BY THE BOARD. THE FINAL VERSION IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER PRIOR TO SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C DISCUSSED AT ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO FOR INSPECTION AT OUR OFFICE AT 460 SMITH ST, SUITE K, MIDDLETOWN, CT