2023-11-15T14:09:38-06:00 2023-06-30 BDO USA 300 E Main Street Suite 1300 Norfolk VA 23510 990 2022-07-01 541440734 ACCESS COLLEGE FOUNDATION % PAMELA JIMERSON ACCE 7579626113 2555 Ellsmere Avenue Suite 110 Norfolk VA 23513 BONNIE SUTTON PRESIDENT/CEO 7579627285 2023-11-15 true BONNIE SUTTON 999009999 Marc Berger P01871563 7576407190 2023-11-15 2 2022 2023-04-26 12:10:37Z BONNIE SUTTON 2555 Ellsmere Avenue Suite 11 Norfolk VA 23513 24156419 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 53 56 484165 110345 2841201 6866167 0 0 1198410 1217241 0 1500 4039611 8084908 656189 797084 0 0 3241128 3480694 0 0 618552 747207 851255 4644524 5129033 -604913 2955875 62526055 68748416 333903 308766 62192152 68439650 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 3913364 797084 0 HIGH SCHOOL PROGRAM AND COLLEGE SUCCESS PROGRAM: THE FOUNDATION PROVIDED POSTSECONDARY EDUCATION PLANNING TO MORE THAN 4,793 HIGH SCHOOL JUNIORS, SENIORS AND COLLEGE STUDENTS DURING 2022 AND 3,944 IN 2021. OF THOSE STUDENTS SERVED IN 2022, 3,392 FAMILIES (71%), WERE VERIFIED TO BE LOW-INCOME AND IN 2021, 2,879 (73%) 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 A "FEE WAIVER APPLICATION" AT THE BEGINNING OF THE SCHOOL YEAR FOR OUR USE IN DETERMINING THEIR LEVEL OF POVERTY, BASED ON FEDERAL GUIDELINES, TO RECEIVE FEE WAIVERS AND FEE PAYMENTS MADE BY ACCESS ON THEIR BEHALF. WHEN FINANCIAL AID FORMS (FAFSAS) ARE FILED FOR THE SENIORS AND OUR COLLEGE STUDENTS, THE FAMILY SIZE AND INCOME INFORMATION ARE CAPTURED AND UPDATED THROUGH ACTUAL TAX RETURNS. THIS INFORMATION WAS USED TO VERIFY THAT 71% OF THE STUDENTS IN 2022 AND 73% OF THE STUDENTS IN 2021 BELONGED TO A FAMILY WHOSE ANNUAL HOUSEHOLD INCOME WAS NOT IN EXCESS OF 300% OF THE FEDERAL POVERTY GUIDELINES. EARLY COLLEGE AWARENESS: 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. 3913364 true true false false false false false false false true true true false false false true true false false false false false false false false false false true true true false false false false false false false false true false false false false false false false false true 12 0 true 53 true true true false false false false true true true 1 false false true false false false X 37 36 true false true false false false false true true false false true true true true true true true false false VA X X X PAMELA JIMERSON 7579626113 2555 ELLSMERE AVENUE SUITE 110 NORFOLK VA 23513 BONNIE B SUTTON PRESIDENT AND CEO 37.5 0.0 X X 249293 0 8805 AMANDA GIFT CHAIR 1.0 0.0 X X 0 0 0 RBRUCE BRADLEY VICE-CHAIR 1.0 0.0 X X 0 0 0 JOHN STEIN SECRETARY 1.0 0.0 X X 0 0 0 AUDREY SETTLE ASST. SECRETARY 0.2 0.0 X X 0 0 0 OWEN GRIFFIN TREASURER 1.0 0.0 X X 0 0 0 JANE R SHORT ASST. TREASURER 0.2 0.0 X X 0 0 0 REED ATKINS DIRECTOR 0.2 0.0 X 0 0 0 KRISTAL AUDAIN DIRECTOR 0.2 0.0 X 0 0 0 FRANK BATTEN JR DIRECTOR 0.2 0.0 X 0 0 0 BOBBY BEASLEY III DIRECTOR 0.2 0.0 X 0 0 0 CHARLES BIRDSONG DIRECTOR 0.2 0.0 X 0 0 0 JOAN P BROCK DIRECTOR 0.2 0.0 X 0 0 0 WENDI BUTLER DIRECTOR 0.2 0.0 X 0 0 0 STEPHANIE CALLIOTT DIRECTOR 0.2 0.0 X 0 0 0 MARK COMPTON DIRECTOR 0.2 0.0 X 0 0 0 ROBIN COOKE DIRECTOR 0.2 0.0 X 0 0 0 TODD COPELAND DIRECTOR 0.2 0.0 X 0 0 0 CEDRICKA DALTON DIRECTOR 0.2 0.0 X 0 0 0 SHARON GOODWYN DIRECTOR 0.2 0.0 X 0 0 0 JOHN B GORDON DIRECTOR 0.2 0.0 X 0 0 0 CHRIS GRAVES DIRECTOR 0.2 0.0 X 0 0 0 GWEN GREEN DIRECTOR 0.2 0.0 X 0 0 0 CONRAD M HALL DIRECTOR 0.2 0.0 X 0 0 0 CHRISTOPHER JOHNSON DIRECTOR 0.2 0.0 X 0 0 0 THOMAS G JOHNSON JR DIRECTOR 0.2 0.0 X 0 0 0 EVAN KALFUS DIRECTOR 0.2 0.0 X 0 0 0 FRED KIRSCHBAUM DIRECTOR 0.2 0.0 X 0 0 0 T RICHARD LITTON JR DIRECTOR 0.2 0.0 X 0 0 0 DAVID MELE DIRECTOR 0.2 0.0 X 0 0 0 ALLISON MCDUFFIE DIRECTOR 0.2 0.0 X 0 0 0 JAMES NOEL DIRECTOR 0.2 0.0 X 0 0 0 ELLIS PRETLOW DIRECTOR 0.2 0.0 X 0 0 0 LOUIS RYAN DIRECTOR 0.2 0.0 X 0 0 0 AARON SCHAEFER DIRECTOR 0.2 0.0 X 0 0 0 DON SCOTT DIRECTOR 0.2 0.0 X 0 0 0 JIM SHUMADINE DIRECTOR 0.2 0.0 X 0 0 0 249293 0 8805 1 false true false 0 24751 71720 6769696 332615 6866167 0 961531 484165 477366 0 0 0 0 0 16327221 16071511 255710 255710 255710 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 1500 1500 1500 8084908 484165 734576 0 0 797084 797084 0 0 258098 203228 23576 31294 0 2484304 1956153 226936 301215 0 738292 651482 29718 57092 0 0 0 40085 40085 0 0 149715 149715 88069 457 39660 47952 74923 11139 11368 52416 17982 11171 3173 3638 137517 82482 8543 46492 0 0 23649 20468 804 2377 0 112044 52729 3379 55936 0 0 20307 13703 4121 2483 20688 19612 1076 SCHOOL EVENTS 69771 69771 0 0 PRINTING & PUBLICATIONS 16248 2726 7888 5634 REPAIRS & MAINTENANCE 16104 7364 4777 3963 SUPPLIES 13727 6040 6987 700 50426 27367 16775 6284 5129033 3913364 597117 618552 2198916 2575066 3327480 7105859 552540 226829 0 0 0 0 0 0 0 0 0 0 0 27250 217351 143360 82609 73991 15922015 10851043 40442495 47888378 0 0 0 0 0 0 62526055 68748416 333903 308766 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 333903 308766 X 3272956 5359788 58919196 63079862 62192152 68439650 62526055 68748416 2955875 3291623 X false true X true X 2291989 2198317 4002205 2841201 6866167 18199879 0 0 2291989 2198317 4002205 2841201 6866167 18199879 1279659 16920220 1076165 942671 930898 1234335 961531 5145600 0 11500 8000 11698 0 1500 32698 23378177 0.72376 0.60553 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59418875 4232110 4356426 2469038 65538373 65307002 945904 -4492765 2341266 59418875 52729651 978224 13830184 2231057 65307002 52606638 1146425 1143234 2166646 52729651 51411620 338512 2855700 1999194 52606638 0.05370 0.59890 0.34740 false false 173442 126528 46914 43909 16832 27077 73991 PARTNERSHIPS, NET ASSET VALUE 47888378 F 47888378 0 0 X 11384856 3291623 158040 3449663 7935193 149715 149715 8084908 5137358 158040 158040 4979318 149715 149715 5129033 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 2019. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE FOUNDATION'S TAX FILINGS AND DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. true CHESAPEAKE BAY WINE CLASSIC FOUNDATION PO BOX 1175 VIRGINIA VA 23451 541831607 501(C)(3) 37000 PREMIER EDUCATION 1 STUDENT GRANTS 426 785367 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 199340 0 48725 0 1228 0 7005 0 1800 0 258098 0 0 0 X 4 235466 FMV X 15 91084 FMV X 1 1200 FMV X 1 4865 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., CONRAD HALL, AND DAVID MELE HAVE A BUSINESS RELATIONSHIP. RICHARD LITTON AND AMANDA GIFT HAVE A BUSINESS RELATIONSHIP. DIRECTORS OWEN GRIFFIN AND FRANK BATTEN HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINE 4 THE DUTIES AND RESPONSIBILITIES OF THE INVESTMENT COMMITTEE WERE OUTLINED IN GREAT DETAIL. 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 15 THE CHAIRMAN SENDS TO THE EXECUTIVE COMMITTEE "ASSESSMENT OF THE CHIEF EXECUTIVE - SHORT FORM" DEVELOPED BY THE NATIONAL CENTER FOR NONPROFIT BOARDS, AS WELL AS THE FOLLOWING DOCUMENTS: (1) A SELF-EVALUATION 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. 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