ACCESS COLLEGE FOUNDATION

NORFOLK, VA | Norfolk City
Community Services

Overview

ACCESS COLLEGE FOUNDATION
54-1440734
2555 ELLSMERE AVE # 110
NORFOLK, VA 23513
Norfolk City
(757) 962-6113

Mission Statement info

THE PURPOSE OF THE FOUNDATION IS TO PROVIDE STUDENTS, WHO MAY NOT HAVE THE OPPORTUNITY, THE PATH TO ATTEND AND COMPLETE COLLEGE. THE FOUNDATION PROVIDED POSTSECONDARY EDUCATION PLANNING TO MORE THAN 12,000 HIGH SCHOOL JUNIORS, SENIORS, AND COLLEGE STUDENTS DURING 2017 AND 13,000 IN 2016. OF THOSE STUDENTS, 5,900 FAMILIES DISCLOSED THEIR INCOME AND MORE THAN 77% WERE VERIFIED TO BE LOW-INCOME. BASED ON FEDERAL FREE AND REDUCED LUNCH STATISTICS, OTHER FAMILIES WERE LIKELY LOW-INCOME AS WELL, BUT DID NOT OFFICIALLY DISCLOSE THEIR INFORMATION. THE ACCESS COLLEGE FOUNDATION WILL ELIMINATE BARRIERS TO POSTSECONDARY EDUCATION FOR UNDERREPRESENTED AND LOW-INCOME STUDENTS WHO ARE LESS LIKELY TO ATTAIN HIGHER EDUCATION BECAUSE OF SOCIO-ECONOMIC FACTORS AND LACK OF INFORMATION ABOUT THE COLLEGE ADMISSION AND FINANCIAL AID PROCESSES. THE ACCESS COLLEGE FOUNDATION IS COMMITTED TO THE BETTERMENT OF OUR STUDENTS AND TO PROVIDING THEM WITH THE TOOLS NECESSARY TO BE SUCCESSFUL IN THEIR EDUCATIONAL ENDE

Founded info
1988
Total Employees info
52
Total Volunteers info
50
CRA Category info
  • Community Services
Nonprofit location info
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
B82

B - Educational Institutions

Scholarships & Student Financial Aid

Organizations that enable students who demonstrate financial need to obtain the financial assistance they require to meet their educational and living expenses while in school.

IRS Activity Codes info
043
Other student aid
149
Other instruction and training
-
Not reported
Standard Business Classification (NAICS Code) info
813410
Civic and Social Organizations

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$6.4M
Revenue
$3M
Assets
$54.4M
Exempt Ruling Date info
1988-06
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
2555 ELLSMERE AVE # 110
NORFOLK, VA 23513
Norfolk City
FIPS Geocoded Address info
47260
MSA/CBSA info
51
State info
710
County info
0015.00
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Virginia Beach-Norfolk-Newport News, VA-NC
Combined Statistical Area info
Virginia Beach-Norfolk, VA-NC
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 45.23%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0015.00 Norfolk City
Population
Total Population 2,001 244,601
Total Households 874 88,353
Income
Median Family Income (Census*) $61,181 $51,590
Median Family Income (2019 FFIEC) $74,800 N/A
Tract Income Percentage 86.78% N/A
Below Poverty Level 13.4% 18.7%
Unemployment Level 4.0% 7.6%
Housing
Total Housing Units 977 97,670
Total Owner-Occupied Units 33.8% 43.4%
Total Renter-Occupied Units 55.7% 56.6%
Total Vacant Units 10.5% 9.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

38
Total Voting Members
in Governing Body
info
37
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Bonnie Sutton
President & CEO
(757) 962-7285
Principal Officer info
Bonnie Sutton
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.