Civic Intelligence

Achievable Dream Endowment Inc.

990 • Fiscal year 2020 • EIN 26-1392573

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

Organization Profilewww.achievabledream.org
10858 Warwick Blvd No ANewport News, VA 23601

(757) 599-9472

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.71x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

88th percentile

42%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

30th percentile

0.9%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-24%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$23,881,580

Up $204,646 (+0.9%) from 2019

Net Assets

Up

$23,057,773

Up $658,881 (+2.9%) from 2019

Liabilities

Down

$823,807

Down $454,235 (-36%) from 2019

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin88th percentile

Revenue

Down

$1,158,146

Down $363,033 (-24%) from 2019

Expenses

Down

$666,892

Down $594,585 (-47%) from 2019

Net Income

Up

$491,254

Up $231,552 (+89%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $11,799,172Liabilities 2010: $1,142Net Assets 2010: $11,798,0302010Assets 2011: $14,724,656Liabilities 2011: $500,000Net Assets 2011: $14,224,6562011Assets 2012: $15,476,229Liabilities 2012: $825,000Net Assets 2012: $14,651,2292012Assets 2013: $16,443,910Liabilities 2013: $550,000Net Assets 2013: $15,893,9102013Assets 2014: $18,079,827Liabilities 2014: $440,000Net Assets 2014: $17,639,8272014Assets 2015: $19,635,946Liabilities 2015: $440,207Net Assets 2015: $19,195,7392015Assets 2016: $19,751,347Liabilities 2016: $439,463Net Assets 2016: $19,311,8842016Assets 2017: $22,355,339Liabilities 2017: $492,222Net Assets 2017: $21,863,1172017Assets 2018: $22,599,517Liabilities 2018: $874,444Net Assets 2018: $21,725,0732018Assets 2019: $23,676,934Liabilities 2019: $1,278,042Net Assets 2019: $22,398,8922019Assets 2020: $23,881,580Liabilities 2020: $823,807Net Assets 2020: $23,057,7732020Assets 2021: $31,216,021Liabilities 2021: $735,014Net Assets 2021: $30,481,0072021Assets 2022: $27,316,592Liabilities 2022: $1,223,263Net Assets 2022: $26,093,3292022Assets 2023: $29,008,049Liabilities 2023: $879,017Net Assets 2023: $28,129,0322023Assets 2024: $31,099,588Liabilities 2024: $1,418,216Net Assets 2024: $29,681,3722024

Highlighted filing

2020

Assets$23,881,580
Liabilities$823,807
Net Assets$23,057,773
Open 2020 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $66,8202010Expenses 2011: $39,8922011Expenses 2012: $40,7992012Expenses 2013: $362,4402013Revenue 2014: $557,954Expenses 2014: $344,721Net Income 2014: $213,2332014Revenue 2015: $2,787,140Expenses 2015: $742,435Net Income 2015: $2,044,7052015Revenue 2016: $1,030,580Expenses 2016: $373,684Net Income 2016: $656,8962016Revenue 2017: $3,688,728Expenses 2017: $766,823Net Income 2017: $2,921,9052017Revenue 2018: $1,038,295Expenses 2018: $763,676Net Income 2018: $274,6192018Revenue 2019: $1,521,179Expenses 2019: $1,261,477Net Income 2019: $259,7022019Revenue 2020: $1,158,146Expenses 2020: $666,892Net Income 2020: $491,2542020Revenue 2021: $3,421,150Expenses 2021: $757,197Net Income 2021: $2,663,9532021Revenue 2022: $2,743,275Expenses 2022: $1,761,860Net Income 2022: $981,4152022Revenue 2023: -$155,104Expenses 2023: $1,929,891Net Income 2023: -$2,084,9952023Revenue 2024: $1,187,241Expenses 2024: $2,388,311Net Income 2024: -$1,201,0702024

Highlighted filing

2020

Revenue$1,158,146
Expenses$666,892
Net Income$491,254
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$1,257,004
Mission and Program Overview

Mission

The primary exempt function of the organization is to invest funds for the primary benefit of "achievable dream entities". The achievable dream entities consist of several exempt corporations related by common management.

The primary exempt function of the organization is to invest funds for the primary benefit of "Achievable Dream Entities." The Achievable Dream entities consist of several exempt corporations related by common management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,342,992$21,585,517▲ $242,525
Savings and Temporary Cash Investments$1,935,041$1,894,101▼ $40,940
Pledges and Grants Receivable$363,077$372,654▲ $9,577
Investments Other Securities$15,824$29,308▲ $13,484
Other Notes and Loans Receivable, Net$20,000$0▼ $20,000
Total Assets$23,676,934$23,881,580▲ $204,646
Liabilities
Other Liabilities$1,278,042$819,807▼ $458,235
Accounts Payable and Accrued Expenses-$4,000-
Total Liabilities$1,278,042$823,807▼ $454,235
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,730,645$17,874,954▲ $144,309
Net Assets With Donor Restrictions$4,668,247$5,182,819▲ $514,572
Total Net Assets Fund Balance$22,398,892$23,057,773▲ $658,881
Total Liabilities and Net Assets / Fund Balance$23,676,934$23,881,580▲ $204,646

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$21,556,748-▲ $595,563-$21,585,518
2018$20,498,482-▲ $1,123,764-$21,556,748
2017$18,847,679$300,000▲ $1,414,446-$20,498,482
2016$16,896,263-▲ $2,007,930-$18,847,679
2015$16,869,197-▲ $71,158-$16,896,263
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Tim DykstraChairman
Marvin FriedbergVice Chairman
Anne ConnorDirector
Aubrey L Lane JrDirector
C Larry PopeDirector
Gordon Gentrydirector
Steve RobertsDirector
William ErmatingerDirector
Lee VreelandCEO
Helen MyersExec VP and CFO
ED DavidSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$695,265
Program Service Revenue
$0
Investment Income
$436,061
Other Revenue
$26,820
All Other Contributions
$695,265
Change in Net Assets
$491,254

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,148,167
Revenue Not Reported on Financial Statements
$9,979
Revenue Not Reported on Form 990
$177,606
Other Revenue Adjustments
$9,979
Total Revenue per Audited Statements
$1,325,773
Total Revenue per Form 990
$1,158,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$506,617
Other Expenses$105,912
Salaries, Compensation, and Employee Benefits$54,363
Total Fundraising Expense$18,121
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$506,617--$506,617
Fees for Service Investment Mgmnt Fees-$66,794-$66,794
Other Salaries and Wages$18,121$18,121$18,121$54,363
Fees for Services Accounting-$29,250-$29,250
Fees for Services Legal-$7,226-$7,226
Insurance-$2,185-$2,185
Fees for Services Other-$457-$457
Total Functional Expenses$524,738$124,033$18,121$666,892

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$666,892
Total Expenses per Audited Statements$666,892
Total Expenses per Form 990$666,892
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
An Achievable Dream IncNewport News, VA501(c)(3)assist with educational programs-
An Achievable Dream Middle and High SchoolNewport News, VA501(c)(3)assist with educational programs-
An Achievable Dream Virginia BeachNewport News, VA501(c)(3)assist with educational programs-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due (to) from AAD Inc.$567,807
Due to MHS$160,000
Due To SAME$92,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The board reviews Form 990 before is filed with the IRS.”

Form 990, Part VI, Section C, line 19

“Available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Achievable Dream Endowment Inc
EIN
26-1392573
Phone
7575999472
Address
10858 Warwick Blvd No A, Newport News, VA 23601

Signing Officer

Name
Helen Myers
Title
CFO
Phone
7575999472
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Myers
Formed
2007
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Pbmares Llp
Address
701 TOWN CENTER DRIVE SUITE 900, NEWPORT NEWS, VA 23606
Preparer
Jennifer N French CPA
Phone
7578731587
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in Discount -9,979.”

Form 990, Part XII, line 2C

“Organization has a committee who assumes responsibility for oversight of the audit and this process has not changed from prior year.”

Form 990, Part V, Q 7G and 7H

“Questions 7g and 7h do not apply to the organization because the organization did not have contributions of qualified intellectual property or contributions of cars, boats, airplanes or other vehicles during the year.”

Financial Statement Notes

Part V, Line 4:

“Endowment funds will be used to support Achievable Dream Academies.”

Part X, Line 2:

“The Organization is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. ASC Topic 740, Income Taxes, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Organization's management has evaluated the impact of the guidance to its consolidated financial statements. Management is not aware of any material uncertain tax positions, and has not accrued the effect of any uncertain tax provisions as of June 30, 2020 and 2019. The Organization's income tax returns are subject to examination by taxing authorities, generally for a period of three years from the date they were filed. The Organization's policy is to classify income tax related interest and penalties, if any, in other interest expense and penalties expense, respectively.”

Part XI, Line 4B - Other Adjustments:

“Change in Discount 9,979.”

Raw XML AppendixShowing 400 of 519 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt011996
IRS990/OtherRevenueTotalAmt026820
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018121
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018121
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018121
IRS990/OtherSalariesAndWagesGrp/TotalAmt054363
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt020000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0363077
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0372654
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Helen Myers
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0838138
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01126520
IRS990/PYInvestmentIncomeAmt0670828
IRS990/PYOtherExpensesAmt0113738
IRS990/PYOtherRevenueAmt012213
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0259702
IRS990/PYSalariesCompEmpBnftPaidAmt021219
IRS990/PYTotalExpensesAmt01261477
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01521179
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0491254
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01935041
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01894101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0695265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0838138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0340902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01217657
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0443686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03535648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0503224
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0603079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0471542
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0494611
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0465947
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02538403
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt026820
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt012213
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt016094
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt056283
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt061909
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0173319
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40160
IRS990ScheduleA/PublicSupportPY170Pct00.34470
IRS990ScheduleA/PublicSupportTotal170Amt02511020
IRS990ScheduleA/SubstantialContributorsTotAmt01024628
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0695265
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0838138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0340902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01217657
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0443686
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03535648
IRS990ScheduleA/TotalSupportAmt06253078
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt06682
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0-974
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt05708
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.84330
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt066793
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt021556748
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt021585518
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0500000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0595563
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt065498
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt020498482
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt021556748
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01123764
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt063643
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt018847679
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0300000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt020498482
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01414446
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt056514
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt016896263
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt018847679
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02007930
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt044092
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt016869197
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt016896263
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt071158
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0666892
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0177606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0567807
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt192000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2160000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due (to) from AAD Inc.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due To SAME
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Due to MHS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt09979
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.10750
IRS990ScheduleD/RevenueNotReportedAmt0177606
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt09979
IRS990ScheduleD/RevenueSubtotalAmt01148167
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Endowment funds will be used to support Achievable Dream Academies.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code. ASC Topic 740, Income Taxes, prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Organization's management has evaluated the impact of the guidance to its consolidated financial statements. Management is not aware of any material uncertain tax positions, and has not accrued the effect of any uncertain tax provisions as of June 30, 2020 and 2019. The Organization's income tax returns are subject to examination by taxing authorities, generally for a period of three years from the date they were filed. The Organization's policy is to classify income tax related interest and penalties, if any, in other interest expense and penalties expense, respectively.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Change in Discount 9,979.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.04920
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0666892
IRS990ScheduleD/TotalLiabilityAmt0819807
IRS990ScheduleD/TotalRevenuePerForm990Amt01158146
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01325773
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0666892
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0225947
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt1167278
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt2110392
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0assist with educational programs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1assist with educational programs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2assist with educational programs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0An Achievable Dream Middle and High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1An Achievable Dream Virginia Beach
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2An Achievable Dream Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0541621844
IRS990ScheduleI/RecipientTable/RecipientEIN1463211492
IRS990ScheduleI/RecipientTable/RecipientEIN2541621932
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt010858 Warwick Blvd Suite A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt110858 Warwick Blvd Suite A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt210858 Warwick Blvd Suite A
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Newport News
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Newport News
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Newport News
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123601
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd223601
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board reviews Form 990 before is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Change in Discount -9,979.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Organization has a committee who assumes responsibility for oversight of the audit and this process has not changed from prior year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Questions 7g and 7h do not apply to the organization because the organization did not have contributions of qualified intellectual property or contributions of cars, boats, airplanes or other vehicles during the year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part V, Q 7g and 7h
IRS990ScheduleR/AssetExchangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,881,580
Liabilities
$823,807
Net assets
$23,057,773
Revenue
$1,158,146
Expenses
$666,892
Net income
$491,254
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.1$1.42$29.7$1.19$2.39$1.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.0$0.88$28.1$0.16$1.93$2.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$1.22$26.1$2.74$1.76$0.98
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.2$0.74$30.5$3.42$0.76$2.66
2020Detailed filing. Detailed filing data is available for this year.$23.9$0.82$23.1$1.16$0.67$0.49
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.7$1.28$22.4$1.52$1.26$0.26
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$0.87$21.7$1.04$0.76$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$0.49$21.9$3.69$0.77$2.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.8$0.44$19.3$1.03$0.37$0.66
2015Detailed filing. Detailed filing data is available for this year.$19.6$0.44$19.2$2.79$0.74$2.04
2014Detailed filing. Detailed filing data is available for this year.$18.1$0.44$17.6$0.56$0.34$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.4$0.55$15.9$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$0.83$14.7$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$0.50$14.2$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$0.00$11.8$0.07