2024-05-15T15:13:06-05:00 2023-06-30 540737372 PBMARES LLP 701 TOWN CENTER DRIVE SUITE 900 NEWPORT NEWS VA 23606 990 2022-07-01 463211492 AN ACHIEVABLE DREAM VIRGINIA BEACH INC ANAC 7575999472 10858 WARWICK BOULEVARD A NEWPORT NEWS VA 23601 AMANDA ROSE VP OF FINANCE & ADMINISTRATION/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 BOULEVARD A NEWPORT NEWS VA 23601 2420279 0 X WWW.ACHIEVABLEDREAM.ORG X 2013 VA AN ACHIEVABLE DREAM DEVELOPS INDEPENDENT, PRODUCTIVE CITIZENS THROUGH A SOCIAL, ACADEMIC, AND MORAL EDUCATION. 20 20 115 20 0 0 2701830 2195032 0 0 -344 247 10336 -37191 2711822 2158088 0 0 0 0 1344857 1478221 0 0 291426 598752 767992 1943609 2246213 768213 -88125 3021338 3234722 206912 561993 2814426 2672729 AN ACHIEVABLE DREAM DEVELOPS INDEPENDENT, PRODUCTIVE CITIZENS THROUGH A SOCIAL, ACADEMIC, AND MORAL EDUCATION. 0 0 1738321 400 AAD PROGRAM: THE PURPOSE OF THE PROGRAM IS TO HELP UNDERSERVED CHILDREN BY PROVIDING A SOLID ACADEMIC AND PERSONAL FOUNDATION FOR SUCCESS. APPROXIMATELY 575 STUDENTS IN GRADES K-10 WERE SERVED DURING THE 2022/2023 SCHOOL YEAR. 1738321 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 1 0 115 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 X AMANDA ROSE 7575999472 10858 WARWICK BLVD NO A NEWPORT NEWS VA 23601 CHARLES G BARKER CHAIR 1.00 X X 0 0 0 JOAN BERLIN DIRECTOR 1.00 X 0 0 0 TONY BROTHERS DIRECTOR 1.00 X 0 0 0 CHRISTOPHER W CHOPE DIRECTOR 1.00 X 0 0 0 WILLIAM FOSTER DIRECTOR 1.00 X 0 0 0 CRAIG GRUBE DIRECTOR 1.00 X 0 0 0 RYAN HANSON DIRECTOR 1.00 X 0 0 0 LORI KALFUS DIRECTOR 1.00 X 0 0 0 JAY KLEBANOFF VICE CHAIR 1.00 X X 0 0 0 FRANCES P LUTER DIRECTOR 1.00 X 0 0 0 JOHN LYNCH DIRECTOR 1.00 X 0 0 0 EJ MANUEL DIRECTOR 1.00 X 0 0 0 PAULA MILLER DIRECTOR 1.00 X 0 0 0 WILLIAM MORRISON DIRECTOR 1.00 X 0 0 0 BECKY SAWYER DIRECTOR 1.00 X 0 0 0 BEV SESSOMS DIRECTOR 1.00 X 0 0 0 JEFF SILVERMAN DIRECTOR 1.00 X 0 0 0 ANNABELLE STIFFLER DIRECTOR 1.00 X 0 0 0 MICHAEL V TAYLOR DIRECTOR 1.00 X 0 0 0 CHRISTOPHER WASHINGTON DIRECTOR 1.00 X 0 0 0 DEENA LEE VREELAND PRESIDENT/CEO 1.00 X 115759 0 4630 AMANDA ROSE CFO 1.00 X 29579 0 1133 145338 0 5763 1 0 0 0 0 192080 800266 1202686 46462 2195032 247 247 209500 192080 252091 -42591 -42591 15100 10100 5000 5000 MISC REVENUE 525990 400 400 400 2158088 400 0 -37344 106116 48381 31508 26227 1246936 1086222 51412 109302 11096 9232 777 1087 23421 8949 14472 90652 77068 5363 8221 150 150 20931 4267 15305 1359 25000 25000 66884 6884 60000 26072 483 25589 8392 2310 6082 3050 3050 15259 15259 SCHOOL BASED PROGRAMS 305688 305688 UNIFORMS 105632 105632 ADMINISTRATIVE ALLOCATI 84752 84752 FIELD TRIPS 45204 45204 60978 32419 28559 2246213 1738321 216466 291426 168705 755548 1583115 1227902 304805 40171 98344 54097 4200 4200 0 0 866369 1157004 3021338 3234722 18985 76913 36525 37360 151402 447720 206912 561993 X 707331 1062854 2107095 1609875 2814426 2672729 3021338 3234722 X -88125 -23241 -30331 X X 0 1 X 1 0 X 2049918 1336053 1391352 2701830 2195032 9674185 2049918 1336053 1391352 2701830 2195032 9674185 218897 9455288 50 132 247 429 2 5184 3925 926 400 10437 9685051 0.97630 0.99350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 25000 0 0 25000 0 PART II-B, LINE 1: ENGAGED A LOBBYING FIRM TO HELP IN COMMUNICATION WITH LEGISLATORS IN ADDING THE ORGANIZATION TO THE STATE BUDGET. 4200 4200 0 0 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 548628 DUE FROM ACCOUNTS 608376 1157004 DUE TO ACCOUNTS 447720 447720 X 2396938 -23241 262091 238850 2158088 0 2158088 2538635 292422 292422 2246213 0 2246213 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FASB 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 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: SPECIAL EVENTS COSTS NETTED WITH REVENUE 262,091. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBTS 30,331. SPECIAL EVENTS COSTS NETTED WITH REVENUE 262,091. AN EVENING OF DREAMS 349824 178324 171500 159881 59310 PACC TENNIS TOURNAMENT 51756 13756 38000 17942 14958 401580 192080 209500 159881 17942 74268 252091 -42591 15100 10100 1 1.00000 15100 10100 10100 5000 VA 0 TWO RAFFLES TOTALED AMOUNTS THAT WERE BELOW FILING REQUIREMENT FOR VA LICENSING. 0 0 0 0 0 X AUCTION ITEMS 50 46462 AUCTION SALE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS COUNTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART V, Q 1C QUESTION 1C DOES NOT APPLY TO THE ORGANIZATION BECAUSE THE ORGANIZATION DID NOT HAVE BACKUP WITHHOLDING FOR REPORTABLE PAYMENTS TO VENDORS AND REPORTABLE GAMING WINNINGS. 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 IS DISTRIBUTED TO BOARD MEMBERS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW OF ORGANIZATION OFFICERS AND KEY EMPLOYEES IS DONE VIA AN ANNUAL REVIEW PROCESS FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: BAD DEBT -30,331. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT DID NOT CHANGE FROM THE PRIOR YEAR.