2023-11-14T11:33:59-05:00 2023-06-30 200221868 BARNES BROCK CORNWELL & PAINTER PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2022-07-01 546038828 DOLPHIN SCHOLARSHIP FOUNDATION DOLP 4966 EUCLID ROAD SUITE 109 VIRGINIA BEACH VA 23462 KEITH B FARGO SECRETARY/TREASURER 2023-10-12 true KEITH FARGO 999009999 false KIMBERLY C PAINTER CPA P00294115 7579615017 2023-11-14 2022 2023-04-26 12:10:37Z KEITH B FARGO 4966 EUCLID RD VIRGINIA BEACH VA 23462 3962196 false X WWW.DOLPHINSCHOLARSHIP.ORG X 1990 VA THE DOLPHIN SCHOLARSHIP FOUNDATION (DSF) BELIEVES THAT ENHANCEMENT OF BOTH HUMAN POTENTIAL AND QUALITY OF LIFE IS ACHIEVABLE THROUGH EDUCATION. MANY SONS, DAUGHTERS, AND SPOUSES OF U.S. NAVY SUBMARINERS FACE FINANCIAL OBSTACLES WHILE PURSUING UNDERGRADUATE AND VOCATIONAL EDUCATION. DSF IS COMMITTED TO MINIMIZING THOSE OBSTACLES BY ASSISTING THEM IN REACHING THEIR FULLEST POTENTIAL. 13 13 5 20 0 493677 686471 0 492777 108335 81693 60624 1068147 855430 380250 403159 0 127089 151861 0 17797 72651 80624 579990 635644 488157 219786 6734999 7643427 27628 62294 6707371 7581133 X THE DOLPHIN SCHOLARSHIP FOUNDATION (DSF) BELIEVES THAT ENHANCEMENT OF BOTH HUMAN POTENTIAL AND QUALITY OF LIFE IS ACHIEVABLE THROUGH EDUCATION. MANY SONS, DAUGHTERS, AND SPOUSES OF U.S. NAVY SUBMARINERS FACE FINANCIAL OBSTACLES WHILE PURSUING UNDERGRADUATE AND VOCATIONAL EDUCATION. DSF IS COMMITTED TO MINIMIZING THOSE OBSTACLES BY ASSISTING THEM IN REACHING THEIR FULLEST POTENTIAL. false false 565325 403159 DOLPHIN SCHOLARSHIP FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SET FORTH UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISION OF ANY FUTURE FEDERAL LAW OF TAXATION (THE CODE) AND PRIMARILY FOR THE PURPOSE OF HOLDING, INVESTING, ADMINISTERING AND DISTRIBUTING FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN OF THE DEPENDENTS OF OFFICERS AND ENLISTED PERSONNEL OF THE SUBMARINE FORCE OF THE UNITED STATES NAVY IN ORDER TO ENABLE AND ASSIST SUCH DEPENDENTS TO PURSUE A POST-SECONDARY EDUCATION. DOLPHIN SCHOLARSHIP FOUNDATION ALSO ADMINISTERS SCHOLARSHIPS TO PROVIDE FINANCIAL ASSISTANCE TO ENLISTED PERSONNEL, AND THE DEPENDENTS OF OFFICERS AND ENLISTED PERSONNEL WHO ARE SERVING OR HAVE SERVED ON SPECIFIC U.S. NAVY SUBMARINES TO ENABLE AND ASSIST THEM IN PURSUING A POST-SECONDARY EDUCATION. 565325 true true false false false false false false false true true false false false true true true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 1 0 5 true false false false false false true true false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true false false VA X X X FINANCIAL ADMINISTRATOR 7576713200 4966 EUCLID ROAD SUITE 109 VIRGINIA BEACH VA 23462 STEVEN W MAAS PRESIDENT 5.00 X X 0 0 0 COLLEEN HOUSTON CHAIRPERSON 1.00 X X 0 0 0 SCOTT R VAN BUSKIRK VICE PRESIDE 1.00 X X 0 0 0 KEITH B FARGO SECRETARY/TR 0.50 X X 0 0 0 MARYELLEN BALDWIN DIRECTOR 0.50 X 0 0 0 DAVID BOLCAR DIRECTOR 0.50 X 0 0 0 BARRY L BRUNER DIRECTOR 0.50 X 0 0 0 BRUCE E GROOMS DIRECTOR 0.50 X 0 0 0 JAMES HAY DIRECTOR 0.50 X 0 0 0 ALBERT H KONETZNI JR DIRECTOR 0.50 X 0 0 0 MICHELE LAMPHEAR DIRECTOR 0.50 X 0 0 0 TIMOTHY W OLIVER DIRECTOR 0.50 X 0 0 0 CHARLIE YOUNG DIRECTOR 0.50 X 0 0 0 ANDREW CLARK EXECUTIVE DI 40.00 X 88214 0 0 88214 false false false 686471 686471 172380 172380 3019956 3084001 -64045 -64045 -64045 74079 17511 56568 56568 9310 5254 4056 4056 855430 -59989 228948 403159 403159 88214 70571 13232 4411 52919 42335 7938 2646 10728 8583 1609 536 1000 700 150 150 4694 3286 704 704 17596 17596 428 428 5403 2368 561 2474 11810 8266 1772 1772 19753 15802 2963 988 640 640 1525 1067 229 229 1506 1054 226 226 3142 2200 471 471 EQUIPMENT RENTAL & MAINT 4718 4435 283 TELEPHONE 3785 2649 568 568 BANK CHARGES 2271 2271 REGISTRATION 1449 1449 904 768 68 68 635644 565325 52522 17797 620 53 221885 182318 69946 3500 4000 2659 1236 1236 34203 23216 8426 10987 6487739 7278212 8934 96675 6734999 7643427 1188 4398 23794 20891 2646 37005 27628 62294 X 5545987 6105429 1161384 1475704 6707371 7581133 6734999 7643427 219786 653976 X false true X true false X 528631 153838 502425 493677 686471 2365042 528631 153838 502425 493677 686471 2365042 132423 2232619 132752 139548 125991 132962 172380 703633 9880 51952 78018 96243 74079 310172 3378847 45808 0.66080 0.64930 X PART II, LINE 10 GROSS INCOME FROM FUNDRAISING EVENTS 236,093 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1161384 221046 140354 43850 3230 1475704 1064535 176376 -40875 35800 2852 1161384 903463 11592 166975 14800 2695 1064535 866113 5207 46782 12100 2539 903463 541445 256900 83032 14200 1064 866113 1.00000 false false 34203 23216 10987 10987 OPERATING LEASE RIGHT OF USE 33975 PAYROLL LIABILITIES 3030 37005 X 1491810 653976 653976 837834 17596 17596 855430 618048 618048 17596 17596 635644 SCHEDULE D, PAGE 3, PART X THE FOUNDATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE FOUNDATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE FOUNDATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023. SCHEDULE D, PAGE 4, PART XIII THE FOUNDATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2023, 2022, 2021 AND 2020 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. GOLF TOURNAMENT 47302 47302 15111 OTHER FUNDRAISI 26777 26777 2400 1 74079 74079 17511 17511 56568 true SCHOLARSHIPS 124 403159 SCHEDULE I, PAGE 1, PART I, LINE 2 ASSISTANCE (SCHOLARSHIP) PAYMENTS ARE MADE DIRECTLY TO EDUCATIONAL INSTITUTIONS WITHIN THE UNITED STATES WITH INSTRUCTIONS THAT THE FUNDS ARE TO BE RETURNED TO THE FOUNDATION SHOULD THEY EXCEED THE AMOUNT DUE FOR QUALIFIED EDUCATIONAL EXPENSES. FORM 990 - ORGANIZATION'S MISSION THE DOLPHIN SCHOLARSHIP FOUNDATION (DSF) BELIEVES THAT ENHANCEMENT OF BOTH HUMAN POTENTIAL AND QUALITY OF LIFE IS ACHIEVABLE THROUGH EDUCATION. MANY SONS, DAUGHTERS, AND SPOUSES OF U.S. NAVY SUBMARINERS FACE FINANCIAL OBSTACLES WHILE PURSUING UNDERGRADUATE AND VOCATIONAL EDUCATION. DSF IS COMMITTED TO MINIMIZING THOSE OBSTACLES BY ASSISTING THEM IN REACHING THEIR FULLEST POTENTIAL. FORM 990, PAGE 2, PART III, LINE 4A DOLPHIN SCHOLARSHIP FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SET FORTH UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 OR THE CORRESPONDING PROVISION OF ANY FUTURE FEDERAL LAW OF TAXATION (THE CODE) AND PRIMARILY FOR THE PURPOSE OF HOLDING, INVESTING, ADMINISTERING AND DISTRIBUTING FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN OF THE DEPENDENTS OF OFFICERS AND ENLISTED PERSONNEL OF THE SUBMARINE FORCE OF THE UNITED STATES NAVY IN ORDER TO ENABLE AND ASSIST SUCH DEPENDENTS TO PURSUE A POST-SECONDARY EDUCATION. DOLPHIN SCHOLARSHIP FOUNDATION ALSO ADMINISTERS SCHOLARSHIPS TO PROVIDE FINANCIAL ASSISTANCE TO ENLISTED PERSONNEL, AND THE DEPENDENTS OF OFFICERS AND ENLISTED PERSONNEL WHO ARE SERVING OR HAVE SERVED ON SPECIFIC U.S. NAVY SUBMARINES TO ENABLE AND ASSIST THEM IN PURSUING A POST-SECONDARY EDUCATION. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE 990 IS SENT TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD PERFORMS ANNUAL PERFORMANCE EVALUATIONS OF THE EXECUTIVE DIRECTOR AND RE-EVALUATES COMPENSATION BASED ON COMPARABLE DATA FOR SIMILAR NATIONAL AND LOCAL ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY STATEMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT ITS OFFICES BY REQUEST.