2024-11-15T06:12:15-06:00 2024-06-30 BDO USA 300 E Main St Ste 1300 Norfolk VA 23510 990 2023-07-01 541440734 ACCESS COLLEGE FOUNDATION % HEATHER FOXWELL ACCE 7579626113 2555 Ellsmere Avenue Suite 110 Norfolk VA 23513 BONNIE SUTTON PRESIDENT/CEO 7579627285 2024-11-14 true true Marc Berger P01871563 7576407190 2024-11-14 2023 2024-10-15 13:58:12Z BONNIE SUTTON 2555 Ellsmere Avenue Suite 11 Norfolk VA 23513 15622151 false X WWW.ACCESSCOLLEGE.ORG X 1987 VA THE ACCESS COLLEGE FOUNDATION HELPS STUDENTS IN THE PUBLIC HIGH SCHOOLS OF S.HAMPTON ROADS, AND N. HAMPTON CO. GO TO COLLEGE OR OTHER POSTSECONDARY TRAINING. 37 36 48 66 379389 259218 6866167 9239573 0 0 1217241 1605231 1500 -16002 8084908 10828802 797084 990402 0 0 3480694 4029998 0 78106 846146 851255 863941 5129033 5962447 2955875 4866355 68748416 78695584 308766 304641 68439650 78390943 X ADVISORY SERVICES FOR POSTSECONDARY EDUCATIONAL PLANNING AND IMPLEMENTATION OF THE APPLICATION AND FINANCIAL AID PROCESSES, AND CAREER ASSISTANCE AND OPPORTUNITIES FOR STUDENTS COMPLETING THEIR CERTIFICATION DEGREE OR PROGRAMS. THESE SERVICES WERE PROVIDED BOTH IN PERSON AND VIRTUALLY/REMOTELY. false false 4462784 990402 0 HIGH SCHOOL PROGRAM AND COLLEGE SUCCESS PROGRAM: THE FOUNDATION PROVIDED POSTSECONDARY EDUCATION PLANNING TO MORE THAN 4,391 HIGH SCHOOL JUNIORS, SENIORS AND COLLEGE STUDENTS DURING 2023 AND 4,793 IN 2022. OF THOSE STUDENTS SERVED IN 2023, 3,199 FAMILIES (73%), WERE VERIFIED TO BE LOW-INCOME AND IN 2022, 3,392 (71%) WERE VERIFIED TO BE LOW-INCOME. POST-SECONDARY EDUCATION PLANNING INCLUDES SCHOOL-BASED AND VIRTUAL ADVISORY SERVICES FOR: COLLEGE AND POSTSECONDARY TRAINING 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 OR OTHER POSTSECONDARY TRAINING. EACH HIGH SCHOOL JUNIOR AND SENIOR COMPLETES AN "ACCESS SERVICES APPLICATION" AT THE BEGINNING OF THE SCHOOL YEAR FOR OUR USE IN DETERMINING THEIR ELIGIBILITY FOR SERVICES TO RECEIVE FEE WAIVERS AND FEE PAYMENTS MADE BY ACCESS ON THEIR BEHALF. THIS APPLICATION ALSO DEFINES THEIR FAMILY'S LEVEL OF POVERTY, BASED ON FEDERAL GUIDEINES. WHEN FINANCIAL AID FORMS (FAFSAS) ARE FILED FOR THE SENIORS AND OUR COLLEGE STUDENTS, THE FAMILY SIZE AND INCOME INFORMATION ARE CAPTURED ON THE COMPLETED "FAFSA CONSULTATION FORMUPDATED IN OUR STUDENT DATABASE. THIS INFORMATION WAS USED TO VERIFY THAT 73% OF THE STUDENTS IN 2023 AND 71% OF THE STUDENTS IN 2022 BELONGED TO A FAMILY WHOSE ANNUAL HOUSEHOLD INCOME WAS NOT IN EXCESS OF 300% OF THE FEDERAL POVERTY GUIDELINES. MIDDLE SCHOOL PROGRAM: WITH OUR FOUNDATION'S PRIMARY TARGET BEING STUDENTS FROM LOW-INCOME FAMILIES WHO MAY NOT OTHERWISE HAVE ACCESS, WE BEGIN LAYING THE GROUNDWORK OF EARLY COLLEGE AWARENESS/READINESS ACTIVITIES TO MIDDLE SCHOOL STUDENTS IN THE 7TH AND 8TH GRADES AND THEN FOLLOW THEM INTO HIGH SCHOOL IN THE 9TH AND 10TH GRADES. MUCH OF THIS WORK IS DONE IN GROUP SETTINGS AND STUDENTS IN THESE GRADE LEVELS DO NOT DISCLOSE THEIR FAMILY'S FINANCIAL INFORMATION IN ORDER TO RECEIVE SERVICES. WE DO KNOW THAT THE SCHOOLS THESE STUDENTS ATTEND HAVE A MAJORITY POPULATION RECEIVING FREE- OR REDUCED- LUNCH. ADDITIONALLY, 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, OTHER STUDENTS MAY RECEIVE INFORMATION OR BENEFIT FROM ACTIVITIES PROVIDED IN GROUP SETTINGS. 4462784 true true false false false false false false false true true true false false false true true false false false false false false true true false false true true true false false false false false false false false true false false false false false false false false true 14 0 true 48 true true true false false false false true true true 2 false false true false false false X 37 36 true false false false false false false true true false false true true true true true true true true false VA X X X HEATHER FOXWELL 7579626113 2555 ELLSMERE AVENUE SUITE 110 NORFOLK VA 23513 BONNIE B SUTTON PRESIDENT AND CEO 37.5 0.0 X X 261299 0 15017 CHERYL JONES VP FOR PROGRAMS 37.5 0.0 X 107238 0 11889 DIONNE SCOTT VP FOR DEVELOPMENT 37.5 0.0 X 104436 0 10049 AARON SCHAEFER DIRECTOR 0.2 0.0 X 0 0 0 ALLISON MCDUFFIE DIRECTOR 0.2 0.0 X 0 0 0 AMANDA GIFT CHAIR 1.0 0.0 X X 0 0 0 AUDREY SETTLE ASST. SECRETARY 0.2 0.0 X X 0 0 0 BOBBY BEASLEY III DIRECTOR 0.2 0.0 X 0 0 0 CEDRICKA DALTON DIRECTOR 0.2 0.0 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 CHRISTOPHER JOHNSON DIRECTOR 0.2 0.0 X 0 0 0 CONRAD M HALL DIRECTOR 0.2 0.0 X 0 0 0 DON SCOTT DIRECTOR 0.2 0.0 X 0 0 0 ELLIS PRETLOW DIRECTOR 0.2 0.0 X 0 0 0 EVAN KALFUS DIRECTOR 0.2 0.0 X 0 0 0 FRANK BATTEN JR DIRECTOR 0.2 0.0 X 0 0 0 FRED KIRSCHBAUM DIRECTOR 0.2 0.0 X 0 0 0 GWEN GREEN DIRECTOR 0.2 0.0 X 0 0 0 JAMES NOEL DIRECTOR 0.2 0.0 X 0 0 0 JANE R SHORT ASST. TREASURER 0.2 0.0 X X 0 0 0 JARED COTTON DIRECTOR (AS OF 01/24) 0.2 0.0 X 0 0 0 JIM SHUMADINE DIRECTOR 0.2 0.0 X 0 0 0 JOAN P BROCK DIRECTOR 0.2 0.0 X 0 0 0 JOHN B GORDON DIRECTOR (THRU 01/24) 0.2 0.0 X 0 0 0 JOHN STEIN SECRETARY 1.0 0.0 X X 0 0 0 KRISTAL AUDAIN DIRECTOR 0.2 0.0 X 0 0 0 LOUIS RYAN DIRECTOR 0.2 0.0 X 0 0 0 MORGAN WHAYLAND DIRECTOR 0.2 0.0 X 0 0 0 OWEN GRIFFIN TREASURER 1.0 0.0 X X 0 0 0 RBRUCE BRADLEY CHAIR 1.0 0.0 X X 0 0 0 REED ATKINS DIRECTOR 0.2 0.0 X 0 0 0 ROBIN COOKE DIRECTOR 0.2 0.0 X 0 0 0 SHARON GOODWYN DIRECTOR 0.2 0.0 X 0 0 0 STEPHANIE CALLIOTT DIRECTOR 0.2 0.0 X 0 0 0 T RICHARD LITTON JR VICE-CHAIR 1.0 0.0 X X 0 0 0 THOMAS G JOHNSON JR DIRECTOR 0.2 0.0 X 0 0 0 TODD COPELAND DIRECTOR 0.2 0.0 X 0 0 0 VICKI MCPHERSON DIRECTOR 0.2 0.0 X 0 0 0 WENDI BUTLER DIRECTOR 0.2 0.0 X 0 0 0 472973 0 36955 3 false true false 0 21608 219600 71720 8926645 560130 9239573 0 635461 379389 256072 0 0 0 0 0 5588384 4618614 969770 969770 969770 84500 219600 174735 -90235 -90235 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 74233 74233 74233 10828802 379389 1209840 0 0 990402 990402 0 0 276316 214868 24114 37334 0 2874431 2235200 250852 388379 0 879251 719224 56390 103637 0 0 0 42995 42995 0 78106 78106 125503 125503 113136 302 57834 55000 34917 3632 17705 13580 18560 11593 3302 3665 146229 90891 11526 43812 0 0 33430 28236 1675 3519 0 126865 24561 6247 96057 0 0 21146 14539 4444 2163 21058 20272 786 SCHOOL EVENTS 87021 87021 0 0 PRINTING & PUBLICATIONS 16299 2823 7548 5928 REPAIRS & MAINTENANCE 14515 8019 2152 4344 SUPPLIES 13266 4915 4353 3998 49001 26558 16605 5838 5962447 4462784 653517 846146 2575066 2008888 7105859 441460 226829 5709410 0 0 0 0 0 0 0 0 0 0 27250 0 221745 161607 73991 60138 10851043 9612155 47888378 60863533 0 0 0 0 0 0 68748416 78695584 308766 304641 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 308766 304641 X 5359788 5823304 63079862 72567639 68439650 78390943 68748416 78695584 4866355 5084938 X false true X true X 2198317 4002205 2841201 6866167 9239573 25147463 0 0 2198317 4002205 2841201 6866167 9239573 25147463 1378001 23769462 942671 930898 1234335 961531 635461 4704896 0 8000 11698 0 1500 74233 95431 29947790 0.79370 0.64103 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65538373 6128090 6548286 2614060 75600689 59418875 4232110 4356426 2469038 65538373 65307002 945904 -4492765 2341266 59418875 52729651 978224 13830184 2231057 65307002 52606638 1146425 1143234 2166646 52729651 0.05910 0.59330 0.34760 false false 177836 144775 33061 43909 16832 27077 60138 PARTNERSHIPS, NET ASSET VALUE 60863533 F 60863533 0 0 X 16120905 5084939 157932 174735 5417606 10703299 125503 125503 10828802 6169611 157932 174735 332667 5836944 125503 125503 5962447 FORM 990, SCHEDULE D, PART V, LINE 4 TO PROVIDE OPERATING FUND TO FURTHER THE FOUNDATION'S EXEMPT PURPOSE. FORM 990, SCHEDULE D, PART X, LINE 2 THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. EXEMPT ORGANIZATIONS ARE SUBJECT TO TAX ON INCOME FROM REGULARLY CONDUCTED TRADE OR BUSINESS ACTIVITIES THAT ARE NOT SUBSTANTIALLY RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. RETURNS ARE GENERALLY SUBJECT TO EXAMINATIONS FOR THREE YEARS FROM THE DATE FILED. THIS PERIOD OF LIMITATIONS HAS EXPIRED FOR RETURNS FILED FOR TAX YEARS PRIOR TO 2020. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE FOUNDATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. FORM 990, SCHEDULE D, PART XI AND XII, LINE 2D: FUNDRAISING EXPENSES: $174,735 X X X X X X X true Virginia Fundraising consultants endowment campaign false 1834850 78106 1756744 1834850 78106 1756744 VA 35th AnniVER. 304100 219600 84500 174735 0 304100 219600 84500 174735 174735 -90235 true Tidewater Community College Educational FDN 121 College Place Norfolk VA 23510 521217056 501(C)(3) 30100 Scholarships 1 Student Grants 453 952658 FORM 990, SCHEDULE I, LINE 2 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 209387 0 50192 0 1720 0 7389 0 7628 0 276316 0 0 0 X 4 245484 FMV X 8 314646 FMV 0 false true true FORM 990, SCHEDULE M, COLUMN B THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, SCHEDULE M, LINE 32B ACCESS COLLEGE FOUNDATION SELLS DONATED VEHICLES AT THE CHESAPEAKE BAY WINE CLASSIC GRAND AUCTION OR UTILIZES A BROKER TO SELL THE VEHICLES THAT ARE NOT SOLD AT AUCTION. FORM 990, PART VI, LINE 2: BRUCE BRADLEY AND AMANDA GIFT HAVE A FAMILY RELATIONSHIP. DIRECTORS FRANK BATTEN, JR. AND CONRAD HALL HAVE A BUSINESS RELATIONSHIP. RICHARD LITTON AND AMANDA GIFT HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINE 11B: 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. FORM 990, PART VI, LINE 12C: BY MARCH OF EACH FISCAL YEAR THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, LINE 15A & 15B: THE CHAIRMAN SENDS TO THE EXECUTIVE COMMITTEE "ASSESSMENT OF THE CHIEF EXECUTIVE - SHORT FORM" DEVELOPED SELF-EVALUATION BY THE NATIONAL CENTER FOR NONPROFIT BOARDS, AS WELL AS THE FOLLOWING DOCUMENTS: (1) A DOCUMENT 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. FOR THE VICE PRESIDENT POSITIONS (PROGRAM, FINANCE, AND DEVELOPMENT), A DOCUMENT THAT COMPARES SIMILAR POSITIONS WITH NONPROFITS ACROSS THE REGION AND NATION IS PROVIDED TO THE FINANCE COMMITTEE FOR DISCUSSION AND THEN APPROPRIATE SALARIES ARE INCLUDED IN THE ANNUAL BUDGET FOR APPROVAL. FORM 990, PART VI, LINE 19: THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC VIA THE WEBSITE WWW.ACCESSCOLLEGE.ORG