2024-02-09T10:36:14-06:00 2023-03-31 366055558 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2022-04-01 516522917 ACCESS GROUP LOAN RESERVE TRUST I ACCE 3026366728 RODNEY SQUARE N 1100 N MARKET ST WILMINGTON DE 19890 NEUMANN MARLETT III BANKING OFFICER 3026366728 2024-02-09 1 NEUMANN MARLETT III 999009999 0 ALYCIA SOLECKI P01272637 2155614200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NEUMANN MARLETT III RODNEY SQUARE N 1100 N MARKET ST WILMINGTON DE 19890 428957 0 X WWW.ACCESSLEX.ORG X 2000 DE SEE SCHEDULE O.THE TRUST SERVES AS A SOURCE OF GUARANTEE FUNDS FOR STUDENT LOANS UNDER THE TAX-EXEMPT LOAN PROGRAMS BY ACCESSLEX INSTITUTE FOR THE BENEFIT OF THE SUPPORTED SCHOOLS. 1 0 0 0 0 0 0 0 589831 405192 74 23765 0 0 589905 428957 0 0 0 0 17500 17500 0 0 0 0 0 17500 17500 572405 411457 1143709 1555166 4375 4375 1139334 1550791 X SEE SCHEDULE O.THE TRUST SERVES AS A SOURCE OF GUARANTEE FUNDS FOR STUDENT LOANS UNDER THE TAX-EXEMPT LOAN PROGRAMS ADMINISTERED BY ACCESSLEX INSTITUTE FOR THE BENEFIT OF THE SUPPORTED SCHOOLS, WHICH ARE TAX-EXEMPT INSTITUTIONS DESCRIBED IN SECTION 509(A) (1) OR (2) OF THE INTERNAL REVENUE CODE. 0 0 405192 SEE SCHEDULE O.THE PURPOSE OF THIS TRUST IS TO AID LAW SCHOOL STUDENTS, LAW SCHOOL GRADUATES WHO ARE PREPARING FOR THE BAR EXAMINATION, OTHER GRADUATE AND PROFESSIONAL SCHOOL STUDENTS AND CERTAIN UNDERGRADUATE STUDENTS IN ATTAINING AN EDUCATION. THE TRUST IS A SUPPORTING ORGANIZATION FOR POST-SECONDARY EDUCATIONAL INSTITUTIONS DESCRIBED IN SECTION 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE. THE TRUST CARRIES OUT ITS PURPOSE BY SERVING AS A SOURCE OF GUARANTEE FUNDS FOR STUDENT LOAN PROGRAMS CONDUCTED BY ACCESSLEX INSTITUTE, WHICH IS EXEMPT UNDER SECTION 501(C)(3). THE TRUST PROVIDES A RESERVE FOR SUPPLEMENTAL LOANS MADE BY ACCESSLEX INSTITUTE THAT ARE NOT PART OF THE FEDERAL FAMILY EDUCATIONAL LOAN PROGRAM (FFELP), COVERING THE DEFAULT OF SUCH LOANS. SUPPLEMENTAL LOANS ARE TYPICALLY NEEDED BY STUDENTS WHOSE EDUCATION IS MORE EXPENSIVE THAN THE LIMITS SET UNDER FEDERAL PROGRAMS. WITHOUT THE EXISTENCE OF A GUARANTEE, COMMERCIAL LENDERS WOULD NOT HAVE BEEN WILLING TO MAKE LOANS TO MANY BORROWERS OF SUPPLEMENTAL LOANS UNDER THE ACCESSLEX INSTITUTE PROGRAMS, BECAUSE SUCH STUDENTS TYPICALLY DO NOT HAVE THE CREDIT RECORD, CURRENT ASSETS OR CURRENT INCOME GENERALLY REQUIRED BY COMMERCIAL LENDERS FOR UNGUARANTEED LOANS. THUS, BY MAKING THE GUARANTEES REFERENCED ABOVE, THE TRUST DIRECTLY AND MATERIALLY AIDED STUDENTS IN ATTAINING AN EDUCATION. THE TRUST RECEIVED STUDENT LOAN NET RECOVERIES IN THE AMOUNT OF $405,192. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 X NEUMANN MARLETTIII 3026366728 1100 N MARKET ST WILMINGTON DE 19890 WILMINGTON TRUST COMPANY TRUSTEE 5.00 0.00 X 17500 0 0 17500 0 0 0 0 0 0 0 NET RECOVERIES 525920 405192 405192 405192 23765 23765 428957 405192 0 23765 17500 17500 17500 0 17500 0 1143709 1555166 1143709 1555166 4375 4375 4375 4375 X 1139334 1550791 1139334 1550791 1143709 1555166 411457 0 X 0 1 X 1 0 X X 1 ACCESSLEX INSTITUTE 232719985 10 1 0 17500 1 0 17500 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS - FIN 48 (ASC 740) THE COMPANY ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES BASED ON A THRESHOLD OF "MORE-LIKELY-THAN-NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COMPANY HAS NO UNCERTAIN TAX POSITIONS MEETING THE THRESHOLD. FORM 990, PART VI, SECTION A, LINE 8A PART VI, LINES 8A, 8B, 12A, 13, 14 AND 15 ACCESS GROUP LOAN RESERVE TRUST I IS A 501(C)(3) ORGANIZATION THAT SERVES AS A SOURCE OF GUARANTEE FUNDS FOR STUDENT LOANS ADMINISTERED BY ACCESSLEX INSTITUTE. ACCESS GROUP LOAN RESERVE TRUST I HAS NO OFFICERS, DIRECTORS AND ONE CORPORATE TRUSTEE. AS SUCH, THE ORGANIZATION DOES NOT CARRY OUT REGULAR BUSINESS ACTIVITIES AND FOR SUCH REASON DOES NOT HAVE THESE PROCEDURES IN PLACE. FORM 990, PART VI, SECTION A, LINE 8B SEE EXPLANATION UNDER PART VI, LINE 8A. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS FORM 990 WAS PREPARED BY MANAGEMENT IN CONSULTATION WITH THE ORGANIZATION'S TAX ACCOUNTANTS AND ATTORNEYS. PURSUANT TO THE PROVISIONS OF ITS CHARTER, THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED A DRAFT OF THIS FORM 990 AT A MEETING PRIOR TO FILING. A COMPLETE COPY OF THIS FORM 990, INCLUDING ALL REQUIRED SCHEDULES, WAS PROVIDED TO EACH OF THE ORGANIZATION'S DIRECTORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND TO THE EXTENT THEY ARE REQUIRED BY LAW. ACCESSLEX INSTITUTE 10 N HIGH STREET WEST CHESTER PA 19380 232719985 LOANS & SVCS DE 501 (C) (3) LINE 10 N/A 0 HELIX BAR REVIEW INC 10 N HIGH STREET WEST CHESTER PA 19380 842885336 SUPPORT DE 501 (C) (3) LINE 12A, I ACCESSLEX 0 ACCESS FUNDING 2010-A LLC C/O ACCESSLEX 10 N HIGH ST WEST CHESTER PA 19380 272762721 STUDENT LOANS DE ACCESSLEX N/A 0 0 CS ABS REPACKAGING TRUST 2013-A 11 MADISON AVE NEW YORK NY 10010 466848238 STUDENT LOANS DE ACCESSLEX N/A 0 0 AGILITY LOAN SERVICES INC 10 NORTH HIGH STREET WEST CHESTER PA 19380 371606855 INACTIVE DE ACCESSLEX C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0