2026-06-11T18:13:04-05:00 2025-07-31 390859910 BAKER TILLY ADVISORY GROUP LP 6320 CANOGA AVE 17TH FLOOR WOODLAND HILLS CA 91367 990 2024-08-01 756042129 AMERICAN ACADEMY OF ACHIEVEMENT AMER 2028870000 1222 SIXTEENTH STREET NW WASHINGTON DC 200363202 WAYNE REYNOLDS PRESIDENT 2028870000 2026-06-10 1 1 SHASHI MIRPURI P00874030 8189950090 2026-06-10 2024 2025-03-06 01:10:19Z WAYNE REYNOLDS 1222 SIXTEENTH STREET NW WASHINGTON DC 200363202 3534631 0 X WWW.ACHIEVEMENT.ORG X 1961 TX TO HONOR EXTRAORDINARY INNOVATORS AND VISIONARIES AND INSPIRE THE NEXT CONT'D ON SCH O GENERATION OF YOUNG LEADERS. 7 5 0 0 0 0 1952620 3450175 0 0 4073 4510 79946 79946 2036639 3534631 0 0 0 0 90452 0 0 0 121997 2158787 3753081 2249239 3753081 -212600 -218450 5181253 4971107 2798979 2807731 2382274 2163376 X TO HONOR EXTRAORDINARY INNOVATORS AND VISIONARIES AND INSPIRE THE NEXT GENERATION OF YOUNG LEADERS. 0 0 3250588 AMONG THE ACADEMY'S MANY EDUCATION INITIATIVES, A PRINCIPAL ACTIVITY HAS HISTORICALLY BEEN THE COORDINATION AND STAGING OF AN ACHIEVEMENT SUMMIT (THE "SUMMIT") WHICH HONORS OUTSTANDING ACHIEVERS IN BUSINESS, PUBLIC SERVICE, LITERATURE, SCIENCE, EXPLORATION, SPORTS, AND THE ARTS, AND PROVIDES A FORUM FOR THESE INDIVIDUAL ACHIEVERS TO INTERACT WITH OUTSTANDING COLLEGE AND GRADUATE STUDENTS AND PROMISING YOUNG ENTREPRENEURS BROUGHT TOGETHER FROM AROUND THE WORLD AS GUESTS OF THE ACADEMY. DURING THE MULTI-DAY SUMMIT, THESE EXTRAORDINARY YOUNG SCHOLARS HAVE JOINED EMINENT CONTEMPORARY LEADERS FOR MEANINGFUL DIALOGUE AND A SERIES OF SYMPOSIA AND ROUNDTABLE DISCUSSIONS ON ISSUES OF THE DAY. THE SUMMIT HAS BEEN PROVIDED AT NO COST TO THE DELEGATES. ADDITIONAL ACTIVITIES OF THE ACADEMY INCLUDE BRINGING LEADERS FROM VARIOUS FIELDS TOGETHER THROUGHOUT THE YEAR, HOLDING SPECIAL EVENTS TO HONOR ACADEMY INDUCTEES, AS WELL AS PROMOTING THE PRINCIPLES OF EXCELLENCE AND LEADERSHIP. 238146 DURING FISCAL YEARS ENDING JULY 31, 2025 AND 2024, THE ACADEMY CONTINUED TO EXPAND ITS ONLINE INTERNET PRESENCE VIA THEIR WEBSITE, WWW.ACHIEVEMENT.ORG. THE ACADEMY'S REDESIGNED WEBSITE, WHICH IS COMPATIBLE WITH MOBILE DEVICES, IS A VIRTUAL MUSEUM THAT FEATURES A GALLERY OF ACHIEVEMENT WITH EXCLUSIVE VIDEO INTERVIEWS OF MANY ACADEMY MEMBERS, A CURRICULUM CENTER FOR TEACHERS AND STUDENTS, AND A LIBRARY THAT HIGHLIGHTS BOOKS THAT CHANGED THE LIVES OF ACADEMY MEMBERS. THE WEBSITE ALLOWS THE ACADEMY TO REACH MILLIONS OF STUDENTS AND EDUCATORS EACH YEAR WITH THEIR EXPANSIVE LIBRARY OF LIVING HISTORY PRESENTED THROUGH MULTIMEDIA CONTENT.ANOTHER SIGNIFICANT ACTIVITY OF THE ACADEMY IS TO PROVIDE EDUCATIONAL CONTENT ON APPLE PODCASTS. THIS APPLICATION GIVES STUDENTS ACCESS TO THE WORLD'S LARGEST DIGITAL CATALOG OF FREE EDUCATIONAL CONTENT. THE ACADEMY BEGAN PROVIDING MULTIMEDIA CONTENT FROM ITS DIGITAL LIBRARY IN NOVEMBER 2010. DURING THE FISCAL YEAR 2016, THE ACADEMY LAUNCHED A PODCAST SERIES IN CONJUNCTION WITH APPLE PODCASTS ENTITLED "WHAT IT TAKES". THE PODCAST FEATURES EXCLUSIVE INTERVIEWS WITH ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO SUCCESS HIGHLIGHTING THE ATTRIBUTES THEY REQUIRED TO REACH THEIR GREAT ACHIEVEMENTS, SUCH AS PASSION, COURAGE AND PERSEVERANCE. THE ACADEMY MEMBERS FEATURED ON THE PODCAST INCLUDE GEORGE LUCAS, OPRAH WINFREY, ARCHBISHOP DESMOND TUTU, JUSTICE RUTH BADER GINSBURG, JOHNNY CASH, CORETTA SCOTT KING, AND JAMES MICHENER. SINCE INCEPTION, THE "WHAT IT TAKES" PODCAST, HAS RECEIVED MILLIONS OF DOWNLOADS ON APPLE PODCASTS.THE ACADEMY HAS ALSO PUBLISHED THREE EBOOKS (OR ELECTRONIC TEXTBOOKS) ON APPLE BOOKS, COVERING THE TOPICS OF CIVIL RIGHTS, CREATIVE WRITING, AND SOCIAL ADVOCACY ON THE ITUNES U SITE. THESE EBOOKS FEATURE VIDEO INTERVIEWS OF DISTINGUISHED ACADEMY MEMBERS AND HAVE BEEN DOWNLOADED BY MORE THAN 100,000 STUDENTS AND TEACHERS DURING FISCAL YEARS 2025 AND 2024.THE ACADEMY ALSO MAINTAINS A MULTIMEDIA MUSEUM EXHIBIT, AT ITS WASHINGTON, D.C. OFFICE, FEATURING THE LIFE STORIES OF ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO EXCELLENCE. 3488734 1 1 0 0 0 0 0 1 0 1 1 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 1 0 0 0 0 0 0 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CATHERINE B REYNOLDS FOUNDATION 9086757436 PO BOX 650157 STERLING VA 20165 WAYNE REYNOLDS PRESIDENT/CHAIRMAN 50.00 X X 904400 0 139841 CATHERINE REYNOLDS VICE-CHAIRMAN 1.00 X 0 0 0 ROBERT S LANGER DIRECTOR 1.00 X 0 0 0 GENERAL JOSEPH W RALSTON DIRECTOR 1.00 X 0 0 0 DR STEVEN ROSENBERG DIRECTOR 1.00 X 0 0 0 RICK ATKINSON DIRECTOR 1.00 X 0 0 0 BENJAMIN S CARSON DIRECTOR 1.00 X 0 0 0 904400 0 139841 1 0 1 0 ASC MANAGEMENT CO PO BOX 9870 MCLEAN VA 22102 ADMINISTRATIVE MANAGEMENT 940628 ONYX AUDIO VISUAL 800 PRINCIPAL CT STE A CHESEPEAKE VA 23320 AUDIO-VISUAL INTEGRATION SERVICES 189825 2 3450175 3450175 4510 4510 79946 0 79946 79946 79946 3534631 84456 0 0 X 887688 746151 77550 63987 21014 17663 1836 1515 43756 36779 3823 3154 379607 319081 33163 27363 789 715 37 37 31272 27164 2054 2054 59580 53948 2816 2816 34111 27289 3411 3411 1786479 1820031 -16776 -16776 172679 159045 6817 6817 35051 28041 3505 3505 REPAIRS AND MAINTENANCE 187443 149955 18744 18744 AWARD COUNCIL DEVELOPME 110582 100128 5227 5227 OTHER EXPENSES 9024 8172 426 426 ALLOCATED VIDEO O/H -5994 -5428 -283 -283 3753081 3488734 142350 121997 75374 129471 350 14426 340617 32536 5772984 3616606 2224549 2156378 2363894 2530390 176469 107906 5181253 4971107 2798979 2807731 2798979 2807731 X 1399051 1180153 983223 983223 2382274 2163376 5181253 4971107 -218450 -448 0 X 1 X 0 1 0 X 1371972 1640714 3475866 1952620 3450175 11891347 1371972 1640714 3475866 1952620 3450175 11891347 9503883 2387464 81120 81641 83290 84019 84455 414525 12305872 0.19400 0.22900 X THE ACADEMY MEETS MULTIPLE OF THE FACTS AND CIRCUMSTANCES FACTORS UNDER TREASURY REGULATIONS SECTION 1.170A-9(F)(3) TO QUALIFY AS A PUBLICLY SUPPORTED CHARITY. THESE FACTS AND CIRCUMSTANCES ARE:THE ACADEMY RECEIVES LARGE CONTRIBUTIONS FROM A REPRESENTATIVE NUMBER OF OTHER INDIVIDUALS AND ORGANIZATIONS INCLUDING OTHER PUBLICLY SUPPORTED ORGANIZATIONS.THE BOARD OF DIRECTORS CONSISTS OF VARIOUS PUBLIC FIGURES WHO REPRESENT THE BROAD INTERESTS OF THE PUBLIC SUCH AS JOURNALISTS, AUTHORS, RESEARCHERS, AND AWARD WINNING DOCTORS.THE ACADEMY HAS CREATED A POPULAR AND HEAVILY TRAFFICKED WEBSITE WHERE EDUCATIONAL CURRICULUM AND MATERIALS ARE AVAILABLE TO STUDENTS, TEACHERS, AND THE GENERAL PUBLIC ON A CONTINUING BASIS.THE ACADEMY MAINTAINS A VIRTUAL ONLINE MUSEUM OF LIVING HISTORY WHICH FEATURES VIDEO INTERVIEWS WITH HUNDREDS OF ACADEMY MEMBERS, A PODCAST CENTER OF SUMMIT SYMPOSIUMS, AND VIRTUAL LIBRARY THAT HIGHLIGHTS BOOKS THAT HAVE CHANGED THE LIVES OF ACADEMY MEMBERS WITH BROAD APPEAL.THE ACADEMY HAS CREATED A MULTIMEDIA MUSEUM AT ITS WASHINGTON, D.C. OFFICE FEATURING THE LIFE STORIES OF ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO EXCELLENCE.THE ACADEMY HAS CREATED AND PUBLISHED THREE EBOOKS, COVERING THE TOPICS OF CIVIL RIGHTS, CREATIVE WRITING, AND SOCIAL ADVOCACY, AVAILABLE ON APPLE BOOKS, PROVIDING FREE MULTI-MEDIA E-LEARNING COURSES FEATURING ACADEMY MEMBERS.THE ACADEMY HAS PUBLISHED NUMEROUS EDUCATIONAL PODCASTS THROUGH ITS "WHAT IT TAKES" PODCAST SERIES. THESE PODCASTS FOCUS ON LEADERSHIP AND ACHIEVEMENT AND HAVE BEEN DOWNLOADED MILLIONS OF TIMES ON APPLE PODCASTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107906 X X X 0 983223 983223 983223 983223 983223 983223 983223 983223 983223 983223 0 0 555516 555516 1646071 908082 737989 1563171 712068 851103 1388518 1376748 11770 619708 619708 0 2156378 X PART III, LINE 4: THE ACADEMY'S REDESIGNED WEBSITE, WHICH IS COMPATIBLE WITH MOBILE DEVICES, IS A VIRTUAL MUSEUM THAT FEATURES A GALLERY OF ACHIEVEMENT WITH EXCLUSIVE VIDEO INTERVIEWS OF MANY ACADEMY MEMBERS, A CURRICULUM CENTER FOR TEACHERS AND STUDENTS, AND A LIBRARY THAT HIGHLIGHTS BOOKS THAT CHANGED THE LIVES OF ACADEMY MEMBERS. THE WEBSITE ALLOWS THE ACADEMY TO REACH MILLIONS OF STUDENTS AND EDUCATORS EACH YEAR WITH THEIR EXPANSIVE LIBRARY OF LIVING HISTORY PRESENTED THROUGH MULTIMEDIA CONTENT. ANOTHER SIGNIFICANT ACTIVITY OF THE ACADEMY IS TO PROVIDE EDUCATIONAL CONTENT ON APPLE PODCASTS. THIS APPLICATION GIVES STUDENTS ACCESS TO THE WORLD'S LARGEST DIGITAL CATALOG OF FREE EDUCATIONAL CONTENT. THE ACADEMY BEGAN PROVIDING MULTIMEDIA CONTENT FROM ITS DIGITAL LIBRARY IN NOVEMBER 2010. DURING THE FISCAL YEAR 2016, THE ACADEMY LAUNCHED A PODCAST SERIES IN CONJUNCTION WITH APPLE PODCASTS ENTITLED "WHAT IT TAKES". THE PODCAST FEATURES EXCLUSIVE INTERVIEWS WITH ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO SUCCESS HIGHLIGHTING THE ATTRIBUTES THEY REQUIRED TO REACH THEIR GREAT ACHIEVEMENTS, SUCH AS PASSION, COURAGE AND PERSEVERANCE. THE ACADEMY MEMBERS FEATURED ON THE PODCAST INCLUDE GEORGE LUCAS, OPRAH WINFREY, ARCHBISHOP DESMOND TUTU, JUSTICE RUTH BADER GINSBURG, JOHNNY CASH, CORETTA SCOTT KING, AND JAMES MICHENER. SINCE INCEPTION, THE "WHAT IT TAKES" PODCAST, HAS RECEIVED MILLIONS OF DOWNLOADS ON APPLE PODCASTS. THE ACADEMY HAS ALSO PUBLISHED THREE EBOOKS (OR ELECTRONIC TEXTBOOKS) ON APPLE BOOKS, COVERING THE TOPICS OF CIVIL RIGHTS, CREATIVE WRITING, AND SOCIAL ADVOCACY ON THE ITUNES U SITE. THESE EBOOKS FEATURE VIDEO INTERVIEWS OF DISTINGUISHED ACADEMY MEMBERS AND HAVE BEEN DOWNLOADED BY MORE THAN 100,000 STUDENTS AND TEACHERS DURING FISCAL YEARS 2025 AND 2024. THE ACADEMY ALSO MAINTAINS A MULTIMEDIA MUSEUM EXHIBIT, AT ITS WASHINGTON, D.C. OFFICE, FEATURING THE LIFE STORIES OF ACADEMY MEMBERS AND THEIR PERSONAL PATHS TO EXCELLENCE. PART V, LINE 4: THE ENDOWMENT IS HELD FOR INVESTMENT PURPOSES ONLY. INCOME FROM THE INVESTMENTS MAY BE USED FOR ACADEMY OPERATIONS. A PORTION OF THE ENDOWMENT HAS BEEN INVESTED AS RENOVATIONS TO THE WASHINGTON D.C. OFFICE BUILDING, WHICH IS A PERMISSABLE INVESTMENT AND WAS APPROVED BY THE BOARD OF DIRECTORS. PART X, LINE 2: THE ACADEMY IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY IS ALSO CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ACADEMY, AND HAS CONCLUDED AS OF JULY 31, 2025 AND 2024, THERE ARE NO POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF THE LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 WAYNE REYNOLDS PRESIDENT/CHAIRMAN 531863 0 372537 0 0 0 93076 0 46765 0 1044241 0 0 0 PART I, LINE 1A MR. REYNOLDS RECEIVES COMPENSATION FOR SERVICES HE PERFORMS FOR THE ACADEMY. HIS ANNUAL COMPENSATION VARIES ANNUALLY DEPENDING ON THE ANNUAL FEE THAT ASC MANAGEMENT CO. RECEIVES UNDER ITS CONTRACT WITH THE ACADEMY (ENTERED INTO IN 1977 BY INDEPENDENT BOARD MEMBERS) AND THE NATURE AND TYPE OF SERVICES HE PROVIDES TO THE CORPORATION. THE COMPENSATION AMOUNT IS VOTED ON AND APPROVED ANNUALLY BY INDEPENDENT MEMBERS OF THE ACADEMY'S BOARD OF DIRECTORS. ADDITIONALLY, THE INDEPENDENT MEMBERS UTILIZE THE EXPERTISE OF AN INDEPENDENT COMPENSATION EXPERT. CONSISTENT WITH THE ACADEMY'S REIMBURSEMENT POLICY, FIRST CLASS TRAVEL IS PROVIDED FOR BOARD MEMBERS AND THEIR COMPANIONS THAT ATTEND THE ACADEMY'S SUMMIT. BOARD MEMBERS PARTICIPATE AS SPEAKERS AND PANELISTS IN SESSIONS WITH THE DELEGATES AND ARE AN INTEGRAL PART OF THE ACHIEVEMENT SUMMIT. PART I, LINE 4B THE ACADEMY MAKES CONTRIBUTIONS TO A RESTRICTED INVESTMENT ACCOUNT PURSUANT TO DEFERRED COMPENSATION AGREEMENT WITH ASC MANAGEMENT FOR THE SERVICES PROVIDED BY WAYNE REYNOLDS. FOR THE FISCAL YEAR ENDING JULY 31, 2025, THE CONTRIBUTION AMOUNT WAS $69,000. ASC MANAGEMENT INC ASC MANAGEMENT INC IS OWNED BY THE PRESIDENT. 940628 ASC MGMT IS THE ENTITY THROUGH WHICH THE PRESIDENT WAS ENGAGED. 0 CATHERINE B REYNOLDS FOUNDATION (CBRF) THE PRESIDENT OF THE ACADEMY IS ON THE BOARD OF CBRF 3100000 CBRF CONTRIBUTED $3,100,000 TO THE ACADEMY TO SUPPORT ITS MISSION AND PROGRAM SERVICE ACCOMPLISHMENTS. CBRF ALSO PROVIDES ACCOUNTING AND ADMINISTRATIVE SERVICES TO THE ACADEMY. 0 CATHERINE B REYNOLDS FOUNDATION (CBRF) THE VICE CHAIRMAN OF THE ACADEMY IS THE CHAIRMAN AND CEO OF CBRF 24000 THE ACADEMY CONTRACTS OUT ITS ACCOUNTING SERVICES AND ADMINISTRATIVE STAFF FUNCTIONS TO CBRF. 0 CATHERINE B REYNOLDS FOUNDATION (CBRF) CBRF IS A SUBSTANTIAL CONTRIBUTOR TO THE ACADEMY 79946 THE ACADEMY SUBLEASES A PORTION OF ITS OFFICE BUILDING TO CBRF BASED ON AN ANALYSIS OF COMPARABLE RENTAL PROPERTIES BY A THIRD PARTY. 0 FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT AND VICE CHAIRMAN ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT DUTIES INCLUDING PLANNING, ADMINISTRATION AND SUPERVISION FOR THE ACADEMY ARE PERFORMED BY ASC MANAGEMENT INC. FORM 990, PART VI, SECTION B, LINE 11B PURSUANT TO THE ACADEMY'S 990 REVIEW POLICY, AFTER THE FORM 990 IS REVIEWED BY THE PRESIDENT, A COPY OF THE RETURN IS FORWARDED TO THE REMAINING BOARD MEMBERS FOR THEIR FINAL REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO THE ACADEMY'S CONFLICT OF INTEREST POLICY, ANY CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD OF DIRECTORS AND HANDLED IN ACCORDANCE WITH BEST PRACTICES AS SUGGESTED BY THE IRS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION AMOUNT IS VOTED ON AND APPROVED ANNUALLY BY INDEPENDENT MEMBERS OF THE ACADEMY'S BOARD OF DIRECTORS. ADDITIONALLY, THE INDEPENDENT MEMBERS UTILIZE THE EXPERTISE OF AN INDEPENDENT COMPENSATION EXPERT WHO PREPARES A COMPENSATION SURVEY FROM TIME TO TIME. FORM 990, PART VI, SECTION C, LINE 19 TO THE EXTENT REQUIRED BY LAW, THE FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 319,081. MANAGEMENT AND GENERAL EXPENSES 33,163. FUNDRAISING EXPENSES 27,363. TOTAL EXPENSES 379,607.