2011-02-14T09:31:01-06:00 2010-06-30 WITT MARES PLC 701 TOWN CENTER DRIVE SUITE 900 NEWPORT NEWS VA 236064287 990 2009-07-01 541621932 AN ACHIEVABLE DREAM INC ANAC 7575999470 P O BOX 1039 NEWPORT NEWS VA 23606 Walter Segaloff 7575999470 2011-02-11 1 Brian Windley 7578731587 X 2009 2016-02-24 21:20:13Z Walter Segaloff 10858 Warwick Blvd Suite A Newport News VA 23601 2995953 0 X www.achievabledream.com X 1992 VA It is our mission to provide a unique, challenging, disciplined academic enviroment 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, acheivable dream that will light the way for success and joy in life as a productive citizen. 12 12 118 40 0 0 1941390 1621726 0 21139 19147 1022992 997690 2985521 2638563 0 0 674591 706357 0 353598 2106256 2230608 2780847 2936965 204674 -298402 15121137 14787614 13114856 13003495 2006281 1784119 HELP DISADVANTAGED CHILDREN BY PROVIDING A SOLID ACADEMIC AND PERSONAL FOUNDATION FOR SUCCESS. 0 0 2062168 AN ACHIEVABLE DREAM PROGRAM. HELP DISADVANTAGED CHILDREN BY PROVIDING A SOLID ACADEMIC AND PERSONAL FOUNDATION FOR SUCCESS. APPROXIMATELY 1200 STUDENTS IN GRADES K-5 WERE SERVED during 2009. 2062168 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 1 0 0 1 118 1 0 0 0 0 0 1 1 0 0 0 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 1 0 X X Helen Myers 7575999470 10858 WARWICK BLVD Newport News VA 23601 X ALAN DIAMONSTEIN 1.00 X 0 0 0 CINDY STEGEMAN 1.00 X 0 0 0 Danny L Carroll 1.00 X 0 0 0 Elizabeth B David 1.00 X 0 0 0 GENERAL WALLACE ARNOLD 1.00 X 0 0 0 HOWARD E GWYNN 1.00 X 0 0 0 JACQUELINE AMATO 1.00 X 0 0 0 Gordon L Gentry Jr 1.00 X 0 0 0 John F Biagas 1.00 X 0 0 0 Nancy L Levin 1.00 X 0 0 0 RICHARD J PEARCE 1.00 X 0 0 0 WALTER SEGALOFF 40.00 X 0 0 0 KATHY EDWARDS 40.00 X 130050 0 0 130050 0 0 1 0 0 0 Holland & Knight LLP PO BOX 864084 ORLANDO FL 32886 Federal Government Relations 138554 1 624491 997235 1621726 19147 19147 783250 783250 783250 783250 571830 357390 214440 214440 2638563 0 0 1016837 617581 313798 188907 114876 38760 10381 28379 50016 24276 16402 9338 3758 3758 32625 32625 18342 18342 4156 4156 116370 116370 455000 455000 660995 660995 19848 19848 SCHOOL BASED PROGRAMS 357566 357566 Admin Expense 356342 64267 116416 175659 GRANT WRITING 49569 49569 Cost Sharing Agreement 37500 37500 Supplies and Club Expen 37489 37489 81048 81048 2936965 2062168 521199 353598 1493014 1896868 1049929 898834 310833 1894 8441 29953 12699333 2119724 11229900 10579609 1029020 1380456 15121137 14787614 114856 3495 13000000 13000000 13114856 13003495 X 1979781 1758619 26500 25500 2006281 1784119 15121137 14787614 X 0 1 1 X 1 1 X 3618770 1771650 1846427 1941390 1621726 10799963 3618770 1771650 1846427 1941390 1621726 10799963 345894 10454069 119289 1089616 862019 804389 802397 3677710 14477673 3499538 0.72210 0.80900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 118650 118650 2818315 2936965 296848 74212 0 0 288767 289042 296848 874657 1311986 67980 93967 118650 280597 72192 72261 74212 218665 327998 11382617 1324029 10058588 1302726 783148 519578 13990 12547 1443 10579609 DEFERRED FINANCING COST, NET 54083 dEFERRED RENT 1285646 Intercompany Receivable-ADMHS 40727 1380456 2638563 2936965 -298402 76240 76240 -222162 3072193 76240 357390 433630 2638563 0 2638563 3294355 357390 357390 2936965 0 2936965 Part X: Description of Uncertain Tax Positions Under FIN 48: The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. FASB Accounting Standards Codification 740 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 standard to its financial statements. Management is not aware of any material uncertain tax positions, and has not accrued the effect of any uncertain tax positions as of June 30, 2010. 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. With few exceptions, the Organization is no longer subject to income tax examinations by federal, state or local tax authorities for years before 2006. The Organization recognizes interest and penalties incurred, if any, related to income tax positions as other interest expense and penalties expense, respectively. Part XII, Line 2d - Other Adjustments: Special Events direct expenses: 357390. Part XIII, Line 2d - Other Adjustments: Special Events direct expenses: 357390. Tennis Ball 571830 571830 10000 9836 21000 316554 571830 571830 10000 9836 21000 316554 357390 214440 Charter Facilities Funding 2006-08-27 13000000 To finance expansion of Middle & High School Buildings 0 0 13000000 2215000 10785000 2007 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 Walter Segaloff CEO 62787 Lease office and storage space. MR. Segaloff is the 100% shareholder in Wss Group. An Achievable Dream, Inc. leases an office facility and storage space from WSS Group. 0 Form 990, Part VI, Section B, line 11 A copy of the 990 was mailed to the board members before filing. Form 990, Part VI, Section B, line 15b The process for determining compensation includes an annual review. Form 990, Part VI, Section C, line 19 All the organization's governing documents and policies are made available upon request. Form 990, Part XI, Line 2c Line Explanation The finance committee is responsible for selection of the independent accountant. Form 990, Part V, Q 7g and 7h Line Explanation 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. ADm & HS LLC 10858 Warwick Boulevard Suite A Newport News VA 23601 541621932 School Renovation/Expansion VA 473478 12536971 An Achievable Dream Inc