2024-05-13T13:47:38-05:00 2023-06-30 540737372 PBMARES LLP 701 TOWN CENTER DRIVE SUITE 900 NEWPORT NEWS VA 23606 990 2022-07-01 541682144 AN ACHIEVABLE DREAM MIDDLE AND HIGH SCHOOL INC ANAC 7575999470 10858 WARWICK BLVD A NEWPORT NEWS VA 23601 AMANDA ROSE VP OF FINANCE & ADMINISTRATION/CFO 7575999472 2024-05-11 1 AMANDA ROSE 999009999 0 JENNIFER N FRENCH CPA P00659678 7578731587 2024-05-11 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMANDA ROSE 10858 WARWICK BLVD A NEWPORT NEWS VA 23601 2081532 0 X WWW.ACHIEVABLEDREAM.ORG X 1992 VA AN ACHIEVABLE DREAM DEVELOPS INDEPENDENT, PRODUCTIVE CITIZENS THROUGH A SOCIAL, ACADEMIC, AND MORAL EDUCATION. 11 11 55 11 0 0 2081932 2081425 0 0 -962 107 0 0 2080970 2081532 589188 752242 0 0 812624 966768 0 0 162116 473859 583680 1875671 2302690 205299 -221158 1267476 1677366 49555 680603 1217921 996763 AN ACHIEVABLE DREAM DEVELOPS INDEPENDENT, PRODUCTIVE CITIZENS THROUGH A SOCIAL, ACADEMIC, AND MORAL EDUCATION. 0 0 1926478 752242 THE PURPOSE OF THE PROGRAM IS TO HELP UNDERSERVED CHILDREN BY PROVIDING A SOLID ACADEMIC AND PERSONAL FOUNDATION FOR SUCCESS. APPROXIMATELY 500 STUDENTS IN GRADES 6-12 WERE SERVED DURING THE 2022/2023 SCHOOL YEAR. 1926478 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 1 0 55 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 VA X AMANDA ROSE 7575999472 10858 WARWICK BLVD A NEWPORT NEWS VA 23601 RAY BAGLEY DIRECTOR 1.00 X 0 0 0 CRYSTAL BRIGHT DIRECTOR 1.00 X 0 0 0 ARTHUR CASEY DIRECTOR 1.00 X 0 0 0 DENISE CHAMBLEE DIRECTOR 1.00 X 0 0 0 RICHARD COLEMAN CHAIR 1.00 X X 0 0 0 MICHAEL DANIELS DIRECTOR 1.00 X 0 0 0 CHRIS EDINGER DIRECTOR 1.00 X 0 0 0 KEVIN HARRISON DIRECTOR 1.00 X 0 0 0 MARSHA HUDGINS DIRECTOR 1.00 X 0 0 0 BRANCH LAWSON DIRECTOR 1.00 X 0 0 0 THOMAS MEEHAN DIRECTOR 1.00 X 0 0 0 AMANDA ROSE CFO 40.00 X 29579 0 1133 DEENA LEE VREELAND PRESIDENT/CEO 40.00 X 100104 0 3604 129683 0 4737 1 0 0 0 0 688657 1392768 2081425 107 107 2081532 0 0 107 X 752242 752242 108762 77573 31189 810056 667618 37459 104979 3089 2438 302 349 26717 5501 20883 333 18144 9805 4707 3632 150 150 34127 4222 29905 106897 71897 35000 16708 16708 31339 28757 2465 117 6336 3973 1365 998 8749 8749 12875 12750 125 1778 1778 13649 13649 MIDDLE AND HIGH SCHOOL 115730 115730 FIELD TRIPS 79486 79486 CLUB EXPENSES 74129 74129 UNIFORMS 52999 52999 28728 28728 2302690 1926478 214096 162116 307476 450240 150090 50177 635605 801519 27054 21410 73772 46414 15901 8584 816 7317 72663 300289 1267476 1677366 83 26155 49472 654448 49555 680603 X 603194 319194 614727 677569 1217921 996763 1267476 1677366 -221158 0 X X 1 X 0 0 0 X 1553120 1482937 1435866 2081932 1956425 8510280 1553120 1482937 1435866 2081932 1956425 8510280 754851 7755429 30 90 107 227 8510507 0.91130 0.89000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2302690 2302690 265135 66284 0 0 223278 227832 243784 265135 960029 1440044 7500 15000 6250 28750 55820 56958 60946 66284 240008 360012 15901 8584 7317 7317 DUE FROM ACCOUNTS 300289 300289 DUE TO ACCOUNTS 654448 654448 X 2081532 0 2081532 0 2081532 2302690 0 2302690 0 2302690 PART X, LINE 2: MIDDLE AND HIGH SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MIDDLE AND HIGH SCHOOL'S MANAGEMENT HAS EVALUATED THE IMPACT OF THE GUIDANCE TO ITS FINANCIAL STATEMENTS. MANAGEMENT IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS, AND HAS NOT ACCRUED THE EFFECT OF ANY UNCERTAIN TAX PROVISIONS AS OF JUNE 30, 2023 AND 2022. MIDDLE AND HIGH SCHOOL'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED. MIDDLE AND HIGH SCHOOL'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES, IF ANY, IN OTHER INTEREST EXPENSE AND PENALTIES EXPENSE, RESPECTIVELY. 0 EDUCATIONAL SCHOLARSHIPS 247 752242 FORM 990, SCHEDULE I, PART I, LINE 2 THERE IS NO APPLICATION PROCESS. ALL STUDENTS WHO GRADUATE FROM AN ACHIEVABLE DREAM AND GO TO COLLEGE RECEIVE SCHOLARSHIP FUNDS. FORM 990, PART V, Q 7G AND 7H QUESTIONS 7G AND 7H DO NOT APPLY TO THE ORGANIZATION BECAUSE THE ORGANIZATION DID NOT HAVE CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY OR CONTRIBUTIONS OF CARS, BOATS, AIRPLANES OR OTHER VEHICLES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS E-MAILED TO THE BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW OF THE COMPENSATION IS COMPLETED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINACIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 7 SHARING OF EXPENSES: AN ACHIEVABLE DREAM, INC. IS ASSOCIATED WITH THE MIDDLE AND HIGH SCHOOL THROUGH COMMON MANAGEMENT. THE MIDDLE AND HIGH SCHOOL SHARE CERTAIN FACILITIES AND MANAGEMENT RELATED EXPENSES WITH AN ACHIEVABLE DREAM, INC. THE EXPENSES ARE ALLOCATED BETWEEN THE TWO ORGANIZATIONS BASED ON ACTUAL EXPENSES INCURRED. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE IS RESPONSIBLE FOR SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.