Civic Intelligence

An Achievable Dream Virginia Beach Inc.

990 • Fiscal year 2017 • EIN 46-3211492

Jul 01, 2016 to Jun 30, 2017 • Filed on May 01, 2018

Organization ProfileWWW.ACHIEVABLEDREAM.ORG
10858 Warwick Boulevard 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

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

23rd percentile

-7.9%

Higher net margin than 23% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$49,792

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

20th percentile

-4.9%

Faster asset growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-21%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$1,760,014

Down $90,329 (-4.9%) from 2016

Net Assets

Down

$1,739,361

Down $101,828 (-5.5%) from 2016

Liabilities

Up

$20,653

Up $11,499 (+126%) from 2016

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin23rd percentile

Revenue

Down

$949,575

Down $250,256 (-21%) from 2016

Expenses

Down

$1,025,025

Down $17,810 (-1.7%) from 2016

Net Income

Down

-$75,450

Down $232,446 (-148%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,573,065Liabilities 2014: $0Net Assets 2014: $2,573,0652014Assets 2015: $2,016,056Liabilities 2015: $31,863Net Assets 2015: $1,984,1932015Assets 2016: $1,850,343Liabilities 2016: $9,154Net Assets 2016: $1,841,1892016Assets 2017: $1,760,014Liabilities 2017: $20,653Net Assets 2017: $1,739,3612017Assets 2018: $2,046,259Liabilities 2018: $35,368Net Assets 2018: $2,010,8912018Assets 2019: $2,572,617Liabilities 2019: $106,309Net Assets 2019: $2,466,3082019Assets 2020: $2,227,823Liabilities 2020: $30,449Net Assets 2020: $2,197,3742020Assets 2021: $2,210,263Liabilities 2021: $187,620Net Assets 2021: $2,022,6432021Assets 2022: $3,021,338Liabilities 2022: $206,912Net Assets 2022: $2,814,4262022Assets 2023: $3,234,722Liabilities 2023: $561,993Net Assets 2023: $2,672,7292023

Highlighted filing

2017

Assets$1,760,014
Liabilities$20,653
Net Assets$1,739,361
Open 2017 Filing

Operations Trend

Revenue Growth12th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,638,205Expenses 2014: $500,219Net Income 2014: $1,137,9862014Revenue 2015: $1,161,580Expenses 2015: $1,000,452Net Income 2015: $161,1282015Revenue 2016: $1,199,831Expenses 2016: $1,042,835Net Income 2016: $156,9962016Revenue 2017: $949,575Expenses 2017: $1,025,025Net Income 2017: -$75,4502017Revenue 2018: $1,454,892Expenses 2018: $1,183,257Net Income 2018: $271,6352018Revenue 2019: $2,049,970Expenses 2019: $1,596,656Net Income 2019: $453,3142019Revenue 2020: $1,515,837Expenses 2020: $1,731,074Net Income 2020: -$215,2372020Revenue 2021: $1,537,746Expenses 2021: $1,796,799Net Income 2021: -$259,0532021Revenue 2022: $2,711,822Expenses 2022: $1,943,609Net Income 2022: $768,2132022Revenue 2023: $2,158,088Expenses 2023: $2,246,213Net Income 2023: -$88,1252023

Highlighted filing

2017

Revenue$949,575
Expenses$1,025,025
Net Income-$75,450
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.0
Gross Receipts
$1,057,090
Mission and Program Overview

Mission

An achievable dream develops independent, productive citizens through a social, academic, and moral education.

It is our mission to provide a unique, challenging, disciplined academic environment for children in elementary grades through high school. It is our mission to challenge and motivate all students to exceed their own expectations in academic achievement and social progress and to instill in all children respect for themselves, respect for their adult leaders and respect for core human values by providing all children with a social, academic, and moral education(same). It is our mission to enable each child, with the support of his/her family, to attain a vision; to develop a personal, achievable dream that will light the way for success and joy in life as a productive citizen.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,217,061$1,025,422▼ $191,639
Savings and Temporary Cash Investments$521,571$633,737▲ $112,166
Accounts Receivable$76,250$70,000▼ $6,250
Prepaid Expenses and Deferred Charges$32,031$28,265▼ $3,766
Land, Buildings, and Equipment, Net$3,430$2,590▼ $840
Total Assets$1,850,343$1,760,014▼ $90,329
Liabilities
Accounts Payable and Accrued Expenses$9,154$20,653▲ $11,499
Total Liabilities$9,154$20,653▲ $11,499
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,154,561$957,100▼ $197,461
Unrestricted Net Assets$686,628$782,261▲ $95,633
Total Net Assets Fund Balance$1,841,189$1,739,361▼ $101,828
Total Liabilities and Net Assets / Fund Balance$1,850,343$1,760,014▼ $90,329

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,590$1,610-
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleBaseOtherTotal
Katherine EdwardsPresident/CEO$48,342$1,450$49,792
Helen MyersCFO$39,466$1,184$40,650

Board Members and Trustees

NameTitle
Frances P LuterChair
William FosterVice Chairman
Aubrey L Layne JrDirector
Bev SessomsDirector
Carol CurtisDirector
Charles G BarkerDirector
Christopher W ChopeDirector
Jack RossDirector
Jacqueline AmatoDirector
Jay KlebanoffDirector
Jeff SilvermanDirector
John LynchDirector
Michael V TaylorDirector
Peggy LayneDirector
Steve RobertsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$920,471
Program Service Revenue
$0
Investment Income
$48
Other Revenue
$29,056
All Other Contributions
$868,563
Change in Net Assets
$-75,450

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table95$50,958Estimated Fair Marke
Total Noncash Contributions95$50,958-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$768,347
Other Expenses$256,678
Total Fundraising Expense$145,698
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$436,550$71,822$105,255$613,627
Current Officers, Directors, Trustees, and Key Employees$35,391$38,056$17,660$91,107
Payroll Taxes$36,489$8,473$9,562$54,524
Fees for Services Accounting$2,295$19,546$683$22,524
All Other Expenses$14,849-$5,472$20,321
Other Expenses$13,988$49,094-$13,988
Insurance$9,770--$9,770
Other Employee Benefits-$6,442-$6,442
Information Technology--$3,380$3,380
Office Expenses-$157$3,222$3,379
Pension Plan Contributions$1,774$409$464$2,647
Fees for Services Other-$1,792-$1,792
Travel-$1,661-$1,661
Depreciation Depletion-$840-$840
Fees for Services Legal-$754-$754
Conferences and Meetings-$722-$722
Total Functional Expenses$679,559$199,768$145,698$1,025,025
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$136,571
Fundraising Direct Expenses$107,515
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
The Beach Ball$188,479$136,571$20,570$116,001
Total Events$188,479$136,571$107,515$29,056
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Aubrey l. Layne, jr. And peggy layne are married.”

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

“A copy of the 990 is distributed to board members before filing.”

Form 990, Part VI, Section B, Line 15

“Compensation of organization officers and key employees is done via annual review”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Same Foundation
EIN
46-3211492
Phone
7575999472
Address
10858 WARWICK BOULEVARD NO A, NEWPORT NEWS, VA 23601

Signing Officer

Name
Helen Myers
Title
CFO
Phone
7575999472
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Myers
Formed
2013
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
71
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Transfer of pledges -20,000. Bad debt -6,378.”

FORM 990, PART XII, LINE 2C:

“The process for oversight and selection of an independent accountant did not change from the prior year.”

Form 990, Part V, Q 1C

“Question 1c does not apply to the organization because the organization did not have backup withholding for reportable payments to vendors and reportable gaming winnings.”

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 X, LINE 2:

“The foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. Fasb 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 foundation's management has evaluated the impact of the guidance to its 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, 2017 and 2016. The foundation's income tax returns are subject to examination by taxing authorities, generally for a period of three years from the date they were filed.”

Raw XML AppendixShowing 400 of 530 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/ActivityOrMissionDesc0IT IS OUR MISSION TO PROVIDE A UNIQUE, CHALLENGING, DISCIPLINED ACADEMIC ENVIRONMENT FOR CHILDREN IN ELEMENTARY GRADES THROUGH HIGH SCHOOL. IT IS OUR MISSION TO CHALLENGE AND MOTIVATE ALL STUDENTS TO EXCEED THEIR OWN EXPECTATIONS IN ACADEMIC ACHIEVEMENT AND SOCIAL PROGRESS AND TO INSTILL IN ALL CHILDREN RESPECT FOR THEMSELVES, RESPECT FOR THEIR ADULT LEADERS AND RESPECT FOR CORE HUMAN VALUES BY PROVIDING ALL CHILDREN WITH A SOCIAL, ACADEMIC, AND MORAL EDUCATION(SAME). IT IS OUR MISSION TO ENABLE EACH CHILD, WITH THE SUPPORT OF HIS/HER FAMILY, TO ATTAIN A VISION; TO DEVELOP A PERSONAL, ACHIEVABLE DREAM THAT WILL LIGHT THE WAY FOR SUCCESS AND JOY IN LIFE AS A PRODUCTIVE CITIZEN.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt051908
IRS990/FundraisingDirectExpensesAmt0107515
IRS990/FundraisingGrossIncomeAmt0136571
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01057090
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03380
IRS990/InformationTechnologyGrp/TotalAmt03380
IRS990/InsuranceGrp/ProgramServicesAmt09770
IRS990/InsuranceGrp/TotalAmt09770
IRS990/InvestmentIncomeGrp/ExclusionAmt048
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01610
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03430
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02590
IRS990/LandBldgEquipCostOrOtherBssAmt04200
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IT IS OUR MISSION TO PROVIDE A UNIQUE, CHALLENGING, DISCIPLINED ACADEMIC ENVIRONMENT FOR CHILDREN IN ELEMENTARY GRADES THROUGH HIGH SCHOOL. IT IS OUR MISSION TO CHALLENGE AND MOTIVATE ALL STUDENTS TO EXCEED THEIR OWN EXPECTATIONS IN ACADEMIC ACHIEVEMENT AND SOCIAL PROGRESS AND TO INSTILL IN ALL CHILDREN RESPECT FOR THEMSELVES, RESPECT FOR THEIR ADULT LEADERS AND RESPECT FOR CORE HUMAN VALUES BY PROVIDING ALL CHILDREN WITH A SOCIAL, ACADEMIC, AND MORAL EDUCATION(SAME). IT IS OUR MISSION TO ENABLE EACH CHILD, WITH THE SUPPORT OF HIS/HER FAMILY, TO ATTAIN A VISION; TO DEVELOP A PERSONAL, ACHIEVABLE DREAM THAT WILL LIGHT THE WAY FOR SUCCESS AND JOY IN LIFE AS A PRODUCTIVE CITIZEN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01841189
IRS990/NetAssetsOrFundBalancesEOYAmt01739361
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt029056
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt029056
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt050958
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03222
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0157
IRS990/OfficeExpensesGrp/TotalAmt03379
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-26378
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06442
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06442
IRS990/OtherExpensesGrp/Desc0SCHOOL BASED PROGRAMS
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE ALLOCATI
IRS990/OtherExpensesGrp/Desc2UNIFORMS
IRS990/OtherExpensesGrp/Desc3FIELD TRIPS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049094
IRS990/OtherExpensesGrp/ProgramServicesAmt099532
IRS990/OtherExpensesGrp/ProgramServicesAmt128921
IRS990/OtherExpensesGrp/ProgramServicesAmt213988
IRS990/OtherExpensesGrp/TotalAmt099532
IRS990/OtherExpensesGrp/TotalAmt149094
IRS990/OtherExpensesGrp/TotalAmt228921
IRS990/OtherExpensesGrp/TotalAmt313988
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0105255
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071822
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0436550
IRS990/OtherSalariesAndWagesGrp/TotalAmt0613627
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09562
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08473
IRS990/PayrollTaxesGrp/ProgramServicesAmt036489
IRS990/PayrollTaxesGrp/TotalAmt054524
IRS990/PensionPlanContributionsGrp/FundraisingAmt0464
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0409
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01774
IRS990/PensionPlanContributionsGrp/TotalAmt02647
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01217061
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01025422
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032031
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028265
IRS990/PrincipalOfficerNm0HELEN MYERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01135075
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt050
IRS990/PYOtherExpensesAmt0274451
IRS990/PYOtherRevenueAmt064706
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0156996
IRS990/PYSalariesCompEmpBnftPaidAmt0768384
IRS990/PYTotalExpensesAmt01042835
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01199831
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-75450
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0521571
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0633737
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0920471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01135075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01133276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01638181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01435079
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06262082
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0172
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt018557
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07045
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025602
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03917145
IRS990ScheduleA/SubstantialContributorsTotAmt02344937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0920471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01135075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01133276
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01638181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01435079
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06262082
IRS990ScheduleA/TotalSupportAmt06287856
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/EquipmentGrp/BookValueAmt02590
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01610
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04200
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FASB 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 FOUNDATION'S MANAGEMENT HAS EVALUATED THE IMPACT OF THE GUIDANCE TO ITS 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, 2017 AND 2016. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS FROM THE DATE THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02590
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATORY POLICY IS ONLY MADE KNOWN TO THE FAMILIES THAT THE ORGANIZATION SOLICITS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE NONDISCRIMINATORY POLICY COVERS ALL SCHOLARSHIP RECIPIENTS AND AWARDS. NO ADDITIONAL DOCUMENTATION IS MAINTAINED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt051908
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt051908
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0107515
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt010710
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt010710
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0THE BEACH BALL

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,760,014
Liabilities
$20,653
Net assets
$1,739,361
Revenue
$949,575
Expenses
$1,025,025
Net income
-$75,450
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$3.23$0.56$2.67$2.16$2.25$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.21$2.81$2.71$1.94$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.19$2.02$1.54$1.80$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.03$2.20$1.52$1.73$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.57$0.11$2.47$2.05$1.60$0.45
2018Summary only. Only limited summary data is available for this year.$2.05$0.04$2.01$1.45$1.18$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.76$0.02$1.74$0.95$1.03$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.85$0.01$1.84$1.20$1.04$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.03$1.98$1.16$1.00$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.57$0.00$2.57$1.64$0.50$1.14