EIN 54-1440734

Access College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
53
Year formed
1987
Most recent tax filings
2023-06-01
Description
Access College Foundation helps public high school students in Hampton Roads go to college through advisory services and postsecondary education planning.
Total revenues
$8,084,908
2023
Total expenses
$5,129,033
2023
Total assets
$68,748,416
2023
Num. employees
53
2023

Program areas at Access College Foundation

High school program and College success program: the Foundation provided postsecondary education planning to more than 4,793 high school juniors, seniors and College students during 2022 and 3,944 in 2021. Of those students served in 2022, 3,392 families (71%), were verified to be low-income and in 2021, 2,879 (73%) were verified to be low-income. Post-secondary education planning includes school-based and virtual advisory services for: College and postsecondary training preparation and success; College application/ testing fee payments; guidance through the admissions process; College tours to prospective campuses; and the leveraging of financial aid, scholarships, and grants needed to attend College or other postsecondary training. Each high school junior and senior completes a "fee waiver application" at the beginning of the school year for our use in determining their level of poverty, based on federal guidelines, to receive fee waivers and fee payments made by Access on their behalf. When financial aid forms (fafsas) are filed for the seniors and our College students, the family size and income information are captured and updated through actual tax returns. This information was used to verify that 71% of the students in 2022 and 73% of the students in 2021 belonged to a family whose annual household income was not in excess of 300% of the federal poverty guidelines. Early College awareness: with our Foundation's primary target being students from low-income families who may not otherwise have Access, we begin laying the groundwork of early College awareness/readiness activities to middle school students in the 7th and 8th grades and then follow them into high school in the 9th and 10th grades. Much of this work is done in group settings and students in these grade levels do not disclose their family's financial information in order to receive services. We do know that the schools these students attend have a majority population receiving free- or reduced- lunch. Additionally, while our mission is to serve low-income students, we know that in the process of providing postsecondary education planning to these low-income students, other students may receive information or benefit from activities provided in group settings.

Grants made by Access College Foundation

GranteeGrant descriptionAmount
Chesapeake Bay Wine Classic FoundationPremier Education$37,000

Who funds Access College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Chesapeake Bay Wine Classic FoundationSupport$369,115
Hampton Roads Community FoundationEducation$262,670
Ray Schoenbaum Memorial Fund U / A 5 / 22 / 68Education$125,000
...and 20 more grants received totalling $1,272,198

Personnel at Access College Foundation

NameTitleCompensation
Bonnie SuttonPresident and Chief Executive Officer$249,293
Dionne ScottVice - President for Development$0
Cheryl JonesVice - President for Programs
Erica StillEvents and Marketing Manager
Nikki HuddleDevelopment Operations Manager
...and 8 more key personnel

Financials for Access College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,866,167
Program services$0
Investment income and dividends$961,531
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$255,710
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,500
Total revenues$8,084,908

Form 990s for Access College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
2022-062022-11-15990View PDF
2021-062021-11-15990View PDF
2020-062021-03-31990View PDF
2019-062020-02-07990View PDF
...and 9 more Form 990s
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 28, 2023
Updated personnel
Identified 2 new personnel
December 25, 2023
Received grants
Identified 5 new grant, including a grant for $262,670 from Hampton Roads Community Foundation
September 19, 2023
Updated personnel
Identified 2 new personnel
August 19, 2023
Received grants
Identified 18 new grant, including a grant for $369,115 from Chesapeake Bay Wine Classic Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Receives government fundingEndowed supportGala fundraisersTax deductible donations
General information
Address
2555 Ellsmere Ave Suite 110
Norfolk, VA 23513
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Norfolk city, VA
Website URL
accesscollege.org/ 
Phone
(757) 962-6113
Facebook page
ACCESSCollegeFoundation 
Twitter profile
@accesscollegefd 
IRS details
EIN
54-1440734
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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