2024-05-15T16:43:57-05:00 2023-06-30 540737372 PBMares LLP 701 Town Center Drive Suite 900 Newport News VA 23606 990 2022-07-01 261392573 Achievable Dream Endowment Inc ACHI 7575999472 10858 Warwick Blvd A Newport News VA 23601 Amanda Rose VP of Finance & Adminstration/CFO 7575999472 2024-05-15 1 Amanda Rose 999009999 0 Jennifer N French CPA P00659678 7578731587 2024-05-15 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Amanda Rose 10858 Warwick Blvd A Newport News VA 23601 2272905 0 X www.achievabledream.org X 2007 VA Develops sustainable long-term funding to support the social, academic, and moral needs of current and future generations of students with social risk factors, affording emphasis to An Achievable Dream and organizations who serve a similar population. 8 8 0 8 391 0 2794350 1607075 0 0 -68275 -1767003 17200 4824 2743275 -155104 1161781 1407857 0 0 359452 321615 0 0 54675 240627 200419 1761860 1929891 981415 -2084995 27316592 29008049 1223263 879017 26093329 28129032 X An Achievable Dream Endowment's mission is to develop sustainable long-term funding to support the social, academic, and moral needs of current and future generations of students with social risk factors, affording emphasis to An Achievable Dream and organizations who serve a similar population. 0 0 1623737 1407857 To provide support for programs assisting students with social risk factors. 1623737 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 X Amanda Rose 7575999472 10858 Warwick Blvd Suite A Newport News VA 23601 X ED David Secretary/Treasurer 1.00 X X 0 0 0 Anne Connor Director 1.00 X 0 0 0 Tim Dykstra Chairman 1.00 X X 0 0 0 William Ermatinger Director 1.00 X 0 0 0 Marvin Friedberg Vice Chairman 1.00 X X 0 0 0 Gordon Gentry Director 1.00 X 0 0 0 Aubrey L Lane Jr Director 1.00 X 0 0 0 Steve Roberts Director 1.00 X 0 0 0 Lee Vreeland CEO 2.00 X 0 0 0 Amanda Rose CFO 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1607075 1607075 661006 661006 2428009 -2428009 -2428009 -2428009 Income from HGI US Property 900099 4824 391 4433 4824 -155104 0 391 -1762570 1407857 1407857 321615 196185 70755 54675 7407 7407 32210 32210 132516 132516 19947 19695 252 6050 6050 1788 1788 Taxes and licenses 501 501 1929891 1623737 251479 54675 923306 1168553 150138 10226 1169314 849585 100000 57262 1283 1285 24806390 26767249 166161 21466 0 132423 27316592 29008049 595980 649776 627283 229241 1223263 879017 X 18064521 19932177 8028808 8196855 26093329 28129032 27316592 29008049 X -2084995 4062918 57780 X X 0 1 X 1 0 X 838138 695265 2262584 1404426 758792 5959205 838138 695265 2262584 1404426 758792 5959205 2938587 3020618 603079 503224 592452 736438 661240 3096433 -974 6682 -363 391 5736 12213 26820 992 17563 4199 61787 9123161 0.33110 0.35830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 24354294 1950619 2295699 2350623 132516 26117473 28024210 2869731 -5362181 993643 183823 24354294 21017710 1176764 5918490 88754 28024210 21000705 583798 500000 66793 21017710 19969037 1095477 63809 21000705 0.68490 0.20480 0.11030 1 0 0 Due to An Achievable Dream Virginia Beach Inc. 7465 Due to An Achievable Dream Middle and High School Inc. 96033 Due to An Achievable Dream Inc 125743 229241 X 3970594 4062918 62780 4125698 -155104 0 -155104 1934891 5000 5000 1929891 0 1929891 Part V, Line 4: Endowment funds will be used to support Achievable Dream Academies. Part X, Line 2: The Organization 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. The Organization's management has evaluated the impact of the guidance to its consolidated 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. The Organization's income tax returns are subject to examination by taxing authorities, generally for a period of three years from the date they were filed. The Organization's policy is to classify income tax related interest and penalties, if any, in other interest expense and penalties expense, respectively. Part XI, Line 2d - Other Adjustments: change in discount 62,780. Part XII, Line 2d - Other Adjustments: Uncollected pledge write off 5,000. Schedule D, Part V In prior years, the organization reported investment account for An Achievable Dream Inc as part of its Endowment account. The investment was removed from Endowment reporting since the amount is not part of Endowment account and prior years were restated. 0 An Achievable Dream Middle and High School Inc 10858 Warwick Blvd Suite A Newport News VA 23601 541621844 501(c)(3) 710000 0 assist with educational programs An Achievable Dream Virginia Beach Inc 10858 Warwick Blvd Suite A Newport News VA 23601 463211492 501(c)(3) 223547 0 assist with educational programs An Achievable Dream Inc 10858 Warwick Blvd Suite A Newport News VA 23601 541621932 501(c)(3) 321016 0 assist with educational programs An Achievable Dream Certified Academies Inc 10858 Warwick Blvd Suite A Newport News VA 23601 223940105 501(c)(3) 105000 0 assist with educational programs 6 Form 990, Part VI, Section B, line 11b The board reviews Form 990 before is filed with the IRS. Form 990, Part VI, Section C, line 19 Available to the public upon request. Form 990, Part XI, line 9: Change in Discount 62,780. Uncollectible Pledges -5,000. Form 990, Part XII, line 2c Organization has a committee who assumes responsibility for oversight of the audit and this process has not changed from prior year. 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. ADE Investments LLC 10858 Warwick Blvd Suite A Newport News VA 23601 270888377 Real estate VA N/A ADE Investments of Virginia Inc 10858 Warwick Blvd Suite A Newport News VA 23601 270888377 Investment VA C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0