Liabilities / Assets
14th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2018 • EIN 52-1277427
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
14th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
14th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
54th percentile
Higher top officer pay than 54% of similar nonprofits.
Top officer pay equals 3.9% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
30th percentile
Faster revenue growth than 30% of similar nonprofits.
Assets
Up$3,882,556
Up $65,683 (+1.7%) from 2017
Net Assets
Up$3,882,556
Up $66,028 (+1.7%) from 2017
Liabilities
Down$0
Down $345 (-100%) from 2017
Revenue
Down$1,837,707
Down $83,331 (-4.3%) from 2017
Expenses
Up$1,771,679
Up $124,898 (+7.6%) from 2017
Net Income
Down$66,028
Down $208,229 (-76%) from 2017
GRASP's mission is to help all students and their families, with a focus on financially disadvantaged households, by: giving inspiration and hope that their goals are attainable; assisting them with the financial aid process and awarding scholarships; and supporting them in the attainment of their post-secondary goals at the lowest possible cost. GRASP is the only organization in the regions we serve that is primarily focused on assisting students with the postsecondary financial aid process and scholarship searching for all students. Financial aid is critical to increasing college access and success and is most effective when students and families learn about it early enough to make informed choices and plans. GRASP fills a substantial gap in the college access and success pipeline and fulfills our mission to ensure that every student has an equal opportunity for continuing education after high school through a balanced continuum of services.
To provide resources to students and families in need to access financial aid, scholarships, private financial support and counseling to encourage and maximize each student's educational opportunities. GRASP's mission is to increase the college attendance and the graduation rate, particularly among families without sufficient financial resources to accomplish such mission without GRASP's guidance and financial assistance.GRASP anticipates continuing to take advantage of the Virginia Neighborhood Assistance Tax Credit Program ("NAP") and Education Improvement Scholarship Program ("EISP"). The NAP and EISP programs provide significant tax incentives to Virginia private and business donors who support scholarships and other tuition assistance programs as defined further in Item III, 4(c).
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $3,053,934 | $3,333,583 | ▲ $279,649 |
| Cash and Non-Interest-Bearing Accounts | $707,027 | $502,661 | ▼ $204,366 |
| Pledges and Grants Receivable | $31,892 | $30,750 | ▼ $1,142 |
| Land, Buildings, and Equipment, Net | $4,912 | $12,788 | ▲ $7,876 |
| Savings and Temporary Cash Investments | $19,108 | $2,774 | ▼ $16,334 |
| Total Assets | $3,816,873 | $3,882,556 | ▲ $65,683 |
| Liabilities | |||
| Other Liabilities | $345 | $0 | ▼ $345 |
| Total Liabilities | $345 | $0 | ▼ $345 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $3,059,486 | $2,708,554 | ▼ $350,932 |
| Temporarily Rstr Net Assets | $757,042 | $1,174,002 | ▲ $416,960 |
| Total Net Assets Fund Balance | $3,816,528 | $3,882,556 | ▲ $66,028 |
| Total Liabilities and Net Assets / Fund Balance | $3,816,873 | $3,882,556 | ▲ $65,683 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $12,788 | $22,253 | $35,041 |
| Investment Program Related Org | $3,333,583 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Elizabeth E Heggie MBA | Chief Operating Officer | FT | $71,427 | $71,427 |
| Kenneth D Barker | President and CEO | FT | $8,000 | $8,000 |
| Name | Title |
|---|---|
| Kenneth M Dye | Chairman |
| Senator Walter A Stosch | Director, Past Chairman/Tr |
| Robert Holsworth PhD | Director/Past Chairman |
| Andrea P McDaniel | Director |
| Congressman David A Brat PhD | Director |
| David L Bailey Jr PhD | Director |
| David W Didawick CPA | Director |
| Elsie L Rose CPA CGMA | Director |
| James W Beamer | Director |
| Jane M Alford MEdCRC | Director |
| Jean W Cunningham Esq | Director |
| Judge Randolph A Beales | Director |
| Julian S Hillery III CFA | Director |
| Levar M Stoney | Director |
| Matthew P Bosher Esq | Director |
| Paula F Robinson MPA | Director |
| Raymond Garguilo EdD | Director |
| Robert B Maxwell III M Ed | Director |
| Robyn Diehl McDougle PhD | Director |
| Sarah H Scarbrough PhD | Director |
| Stacey Strawn MA EdHD | Director |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $15,000 | $125/hr max for elig |
| Other Non Cash Contri Table | 1 | $10,588 | $125/hr max for elig |
| Other Non Cash Contri Table | 1 | $2,115 | Area square footage |
| Total Noncash Contributions | 3 | $27,703 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $805,033 |
| Salaries, Compensation, and Employee Benefits | $733,177 |
| Other Expenses | $233,469 |
| Total Fundraising Expense | $30,590 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $805,033 | - | - | $805,033 |
| Other Salaries and Wages | $507,863 | $169,288 | - | $677,151 |
| Payroll Taxes | $38,851 | $12,951 | - | $51,802 |
| Occupancy | $38,135 | $13,417 | - | $51,552 |
| All Other Expenses | $37,526 | $2,534 | - | $40,060 |
| Office Expenses | $33,453 | - | - | $33,453 |
| Other Expenses | $20,486 | - | $30,590 | $20,486 |
| Insurance | $4,406 | $1,469 | - | $5,875 |
| Other Employee Benefits | $4,224 | - | - | $4,224 |
| Depreciation Depletion | $3,572 | - | - | $3,572 |
| Total Functional Expenses | $1,541,430 | $199,659 | $30,590 | $1,771,679 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,799,381 |
| Expenses per Audited Statements | $1,771,679 |
| Total Expenses per Form 990 | $1,771,679 |
| Expenses Not Reported on Form 990 | $27,702 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Form 990 is reviewed by Organization's Treasurer before its release.”
“GRASP's Conflict of Interest Policy document identifies procedures for determining whether a conflict of interest exists, the disclosure of such, and actions to be taken by the board member and the governing board upon disclosure of such a conflict. GRASP has also documented its procedures for addressing the conflict of interest. GRASP has documented the procedures to be taken when it is believes that a violation of its conflict of interest policy has occurred and procedures to be taken when violation has been deemed to have occurred. Annually, each board member, committee member and manager with board delegated powers shall sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy and understands GRASP is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. Outside advisors may be used by GRASP to assist its board with monitoring its compliance with its conflict of interest policy.”
“Compensation of the Chief Executive Officer and Management is subject to review and approval by the Executive Committee of the Board of Directors on an annual basis. Compensation of other officers and key employees is subject to review and approval by the Executive Committee of the Board of Directors on an annual basis.”
“Governing documents are made available to the public on the public website.”
“The organization has not changed its process since its prior tax year for internal oversight or auditor selection.”
“GRASP has evaluated its tax position for all open tax years subject to examination by the Internal Revenue Service which include the fiscal years ended June 30, 2018, 2017 and 2016. Based on the evaluation of GRASP's tax positions, management believes all tax positions taken by GRASP will be upheld for any examination that may follow in the open tax years previously mentioned. Therefore, no provision for the effects of uncertain tax positions has been made by management for the year ended June 30, 2018.”
“Costs assoc. w/ "Reach for the Stars" Event, incl in Schedule G, Pg 2, Pt 2”
“Costs assoc. w/ "Reach for the Stars" Event, incl in Schedule G, Pg 2, Pt 2”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To provide resources to students and families in need to access financial aid, scholarships, private financial support and counseling to encourage and maximize each student's educational opportunities. GRASP's mission is to increase the college attendance and the graduation rate, particularly among families without sufficient financial resources to accomplish such mission without GRASP's guidance and financial assistance.GRASP anticipates continuing to take advantage of the Virginia Neighborhood Assistance Tax Credit Program ("NAP") and Education Improvement Scholarship Program ("EISP"). The NAP and EISP programs provide significant tax incentives to Virginia private and business donors who support scholarships and other tuition assistance programs as defined further in Item III, 4(c). |
| IRS990/AllOtherContributionsAmt | 0 | 1244542 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2534 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 37526 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 40060 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | GReat Aspirations Scholarship Program Inc |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8045277726 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4551 Cox Road Suite 115 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Glen Allen |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 230606740 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 707027 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 502661 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1700542 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 805033 |
| IRS990/CYInvestmentIncomeAmt | 0 | 77865 |
| IRS990/CYOtherExpensesAmt | 0 | 233469 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 59300 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 66028 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 733177 |
| IRS990/CYTotalExpensesAmt | 0 | 1771679 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 30590 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1837707 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 3572 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3572 |
| IRS990/Desc | 0 | GRASP is a non-profit organization specializing with helping students and their families, regardless of financial resources, to develop an educational plan for post secondary education. GRASP's professional financial aid advisors work in high schools and private settings, without charge to students and families, to assist with overcoming financial and motivational challenges to the goal of higher education. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | DBA GRASP |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 61 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 736397 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Senator Walter A Stosch |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Congressman David A Brat PhD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Sarah H Scarbrough PhD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Jane M Alford MEdCRC |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | David L Bailey Jr PhD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Raymond Garguilo EdD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Robert Holsworth PhD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Andrea P McDaniel |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | David W Didawick CPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Robert B Maxwell III M Ed |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Kenneth M Dye |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Robyn Diehl McDougle PhD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Elsie L Rose CPA CGMA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Stacey Strawn MA EdHD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Judge Randolph A Beales |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Levar M Stoney |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | James W Beamer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Matthew P Bosher Esq |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Jean W Cunningham Esq |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Julian S Hillery III CFA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | Paula F Robinson MPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | Elizabeth E Heggie MBA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | Kenneth D Barker |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 71427 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 8000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director, Past Chairman/Tr |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director/Past Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Chief Operating Officer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | President and CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1983 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GovernmentGrantsAmt | 0 | 456000 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 805033 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 805033 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1837707 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 21 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 1469 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4406 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5875 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 77865 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 77865 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 3053934 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 3333583 |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 22253 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4912 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12788 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 35041 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | GRASP's mission is to help students and their families, regardless of their financial resources and at no charge to them, development an educational plan by assisting them with the financial aid process; by awarding and administering scholarships; by inspiring them to believe that secondary and post-secondary education are attainable goals; and by supporting them in the attainment of their goals throughout their post-secondary education. GRASP's focus is on increasing college, technical school, and workforce credential access and graduation rates, particularly among families without sufficient financial resources to accomplish this without GRASP's guidance and financial assistance. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3816528 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3882556 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 13417 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 38135 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 51552 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 33453 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 33453 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 4224 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 4224 |
| IRS990/OtherExpensesGrp/Desc | 0 | Fundraising |
| IRS990/OtherExpensesGrp/Desc | 1 | Mileage reimbursement |
| IRS990/OtherExpensesGrp/Desc | 2 | Training expenses |
| IRS990/OtherExpensesGrp/Desc | 3 | Computer database servi |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 30590 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 25200 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 22681 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 20486 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 30590 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 25200 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 22681 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 20486 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 345 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 169288 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 507863 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 677151 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 12951 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 38851 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 51802 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 31892 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 30750 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Kenneth D Barker PE |
| IRS990/ProfessionalFundraisingInd | 0 | 1 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611430 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Public School Advisor |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Fees Earned Scholarshi |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 58000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1300 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 58000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1300 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | GRASP awarded scholarships to deserving graduating high seniors school or college students, respectively, most of whom are financially disadvantaged. Of the scholarships awarded, $477,683 were for 233 students from low to moderate income households to receive scholarships for private K-12 Virginia schools. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 805033 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 805033 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 56000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | GRASP anticipates continuing to take advantage of the Virginia Neighborhood Assistance Tax Credit Program ("NAP") and Education Improvement Scholarship Program ("EISP"). The NAP and EISP programs provide significant tax incentives to Virginia private and business donors who support scholarships and other tuition assistance programs of (1) students and families of low to modest financial means and (2) provide scholastic assistance in developing post - secondary academic and vocational plans for children with one or more disabilities as defined under the federal IDEA legislation. The NAP program requires that more than 50% of GRASP tax credit derived revenues are used for education services in support of students and families with income at or below 300% of the recognized poverty level of income or 400% of the recognized poverty level for students with disabilities. The EISP Program, a scholarship program for students in K-12 who wish to attend a private school, requires that at least 90% of tax credit generated revenues under this program be paid out in scholarships for students at or below 300% of poverty, or in the case of students with disabilities, 400% of poverty by the end of the following fiscal year end. The GRASP Board has directed that preference be given to scholarships for students with disabilities attending private schools with specialized disability services under the EISP Program. |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 412168 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | These items included amounts that were donated as in-kind donations and likewise treated as in-kind expenses for the same amounts that were used as donated audit, accounting and tax services in addition to occupancy costs. |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 0 | 27702 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1759993 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 816230 |
| IRS990/PYInvestmentIncomeAmt | 0 | 100186 |
| IRS990/PYOtherExpensesAmt | 0 | 199028 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 60859 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 274257 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 631523 |
| IRS990/PYTotalExpensesAmt | 0 | 1646781 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1921038 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 66028 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RevenueAmt | 0 | 137165 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 19108 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2774 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1728244 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1786506 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1905208 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1405428 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1510325 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 8335711 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 77865 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 100186 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41155 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27980 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 17490 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 264676 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 338811 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.96920 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.97620 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 8335711 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1728244 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1786506 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1905208 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1405428 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1510325 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 8335711 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 8600387 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 27702 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 27702 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 12788 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 22253 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 35041 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 27702 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1771679 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.