2026-03-15T13:31:39-05:00 2025-06-30 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-07-01 522132835 DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM DIST 2027837933 1425 K STREET NW 200 WASHINGTON DC 20005 ERIC WALDO PRESIDENT/CEO 2027837933 2026-03-09 1 1 FRANK SMITH P00639053 2022274000 2026-03-04 2024 2025-03-06 01:10:19Z ERIC WALDO 1425 K STREET NW 200 WASHINGTON DC 20005 83460589 0 X WWW.DCCAP.ORG X 1998 DC TO ENCOURAGE AND ENABLE DISTRICT OF COLUMBIA STUDENTS TO ATTEND AND GRADUATE FROM COLLEGE. 19 19 42 19 0 0 3926598 22359548 0 0 6964574 21483132 40920 31721 10932092 43874401 6793801 7222579 0 0 4410711 3695392 0 9000 1235948 3982263 2975800 15186775 13902771 -4254683 29971630 73675569 87346760 2460844 1789330 71214725 85557430 X THE DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM'S (DC CAP'S) PRIMARY PURPOSE IS TO ENCOURAGE AND ENABLE DISTRICT OF COLUMBIA STUDENTS TO ATTEND AND GRADUATE COLLEGE. 0 0 7217461 5275079 DC CAP MAINTAINS ONE MAIN INITIATIVE STUDENT SUCCESS, WHICH PROVIDES SCHOLARS WITH INCREASED FINANCIAL SUPPORT FROM DC CAP. IN CONJUNCTION WITH THIS PROGRAM, DC CAP PROVIDES COMPREHENSIVE SUPPORT FOR A PIPELINE OF "SCHOLARS," THE MAJORITY OF WHOM ENROLL AT ONE OF DC CAP'S "UNIVERSITY PARTNER INSTITUTIONS." THIS STRATEGY WAS DESIGNED TO PAIR FEDERAL, PRIVATE, AND INSTITUTIONAL GIFT AID WITH HIGH-IMPACT, COLLABORATIVE COACHING FROM DC CAP AND UNIVERSITY STAFF. STUDENT SUCCESS COACHES PROVIDE ACADEMIC, FINANCIAL AID, SOCIAL, AND LOGISTICAL SUPPORT WITHIN A COHORT-BASED SCHOLAR COMMUNITY. THIS SUPPORT LEADS TO AN INCREASE IN COLLEGE PERSISTENCE AND GRADUATION RATES FOR DISTRICT OF COLUMBIA STUDENTS. DC CAP'S FLAGSHIP PROGRAM, THE DC CAP UNIVERSITY PARTNERSHIP SCHOLARSHIP PROGRAM, WAS ENACTED THROUGH COLLABORATIVE AGREEMENTS WITH 14 HIGH-PERFORMING, FOUR-YEAR INSTITUTIONS THAT ARE COMMITTED TO INCREASING ENROLLMENT AND GRADUATION RATES FOR D.C. STUDENTS. PARTNER INSTITUTIONS MUST DEMONSTRATE HIGH COMPLETION RATES FOR LOW-INCOME (PELL GRANT RECIPIENT) STUDENTS AND OFFER COMPREHENSIVE SUPPORT SERVICES FOR LOW-INCOME AND FIRST-GENERATION STUDENTS. PARTNERSHIP INSTITUTIONS COLLABORATE CLOSELY WITH DC CAP TO RECRUIT AND SELECT A COHORT OF STUDENTS ANNUALLY, PROVIDE YEAR-ROUND HIGH INTENSITY RETENTION SUPPORT SERVICES AND TRACKING, AND AWARD SUBSTANTIAL FINANCIAL AID PACKAGES TO ENSURE THAT D.C. STUDENTS CAN EARN THEIR DEGREES. DC CAP UNIVERSITY PARTNERSHIP SCHOLARS ARE SELECTED AS GRADUATING HIGH SCHOOL SENIORS AND RECEIVE RENEWABLE SUPPORT FROM DC CAP FOR UP TO FIVE YEARS. SCHOLARSHIP AMOUNTS VARY BASED ON THE INSTITUTION AND RANGE FROM $5,000 TO $7,500 ANNUALLY PER SCHOLAR. 3590873 1947500 DC CAP AWARDS "NAMED" SCHOLARSHIPS BASED ON DONOR GIVING AND AGREED UPON STUDENT ELIGIBILITY CRITERIA. ADDITIONALLY, DC CAP MANAGES THE WARD 7&8 SCHOLARS PROGRAM AND THE GEAR UP PROGRAM. WARD 7&8 PROVIDES SCHOLARSHIP FUNDING AND STUDENT SUCCESS COACHING TO INCREASE RETENTION AND GRADUATION RATES AMONG DC CAP SCHOLARS FROM D.C.'S WARD 7&8 HIGH SCHOOLS. THE PROGRAM PROVIDES HIGHLY INTENSIVE SUPPORT SERVICES THROUGH COLLEGE, AS WELL AS ANNUAL SCHOLARSHIPS FOR UP TO FIVE YEARS PER SCHOLAR ($12,000, PER SCHOLAR, PER YEAR). GEAR UP IS A FEDERALLY FUNDED COLLEGE-READINESS PROGRAM POWERED BY DC CAP THAT HELPS DC STUDENTS PREPARE FOR POSTSECONDARY EDUCATION STARTING AS EARLY AS MIDDLE SCHOOL. THROUGH SCHOOL-BASED COACHES, CAMPUS EXPERIENCES, MENTORING, AND HANDS-ON SUPPORT, GEAR UP BUILDS THE ACADEMIC AND PERSONAL SKILLS STUDENTS NEED TO SUCCEED IN POSTSECONDARY EDUCATION. 10808334 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X X ERIC WALDO 2027837933 1425 K STREET NW 200 WASHINGTON DC 20005 TED LEONSIS CHAIRMAN 5.00 X X 0 0 0 PINKIE DENT MAYFIELD TREASURER 10.00 X X 0 0 0 ANDREW FLAGEL SECRETARY 1.00 X X 0 0 0 RONALD ABRAMSON BOARD MEMBER 1.00 X 0 0 0 JEREMY BLANK BOARD MEMBER 1.00 X 0 0 0 KATHERINE BRADLEY BOARD MEMBER 1.00 X 0 0 0 PATRICK BUTLER BOARD MEMBER 1.00 X 0 0 0 JOE DEL GUERCIO BOARD MEMBER 1.00 X 0 0 0 LEWIS D FEREBEE BOARD MEMBER 1.00 X 0 0 0 RAUL J FERNANDEZ BOARD MEMBER 1.00 X 0 0 0 DONALD E GRAHAM BOARD MEMBER 1.00 X 0 0 0 DR ANTOINETTE MITCHELL BOARD MEMBER 1.00 X 0 0 0 W RUSSELL RAMSEY BOARD MEMBER 1.00 X 0 0 0 NIKKI REID BOARD MEMBER 1.00 X 0 0 0 TAMIKA L TREMAGLIO BOARD MEMBER 1.00 X 0 0 0 DAVID CANADA BOARD MEMBER 1.00 X 0 0 0 AMRY JUNAIDEEN BOARD MEMBER 1.00 X 0 0 0 ERIC WALDO PRESIDENT & CEO 40.00 X 351149 0 16807 TOSHA LEWIS HUGHES CHIEF OPERATING OFFICER TO 09/24 40.00 X 238565 0 9419 KYA DIXON CHIEF PROGRAM OFFICER 40.00 X 182320 0 14973 PRESTON MAGOUIRK CHIEF DATA OFFICER 40.00 X 187690 0 4851 ANGELA CAMMACK CHIEF OF STAFF 40.00 X 182737 0 12837 ADAM NANCE CHIEF DEVELOPMENT OFFICER 40.00 X 178766 0 11182 1321227 0 70069 6 0 1 0 MARCUM LLP 10 MELVILLE PARK RD MELVILLE NY 11747 ACCOUNTING 394145 OUTSOURCE IT 6810 CRAIN HIGHWAY LA PLATA MD 20646 IT CONSULTING 323203 ORR GROUP INC 3000 K ST NW SUITE E280 WASHINGTON DC 20007 HR CONSULTING 303653 FRONTRUNNER PRODUCTIONSDC 1245 DELAFIELD PLACE NE WASHINGTON DC 20017 EVENT MANAGEMENT 269220 SALESFORCE 415 MISSION ST 3RD FLOOR SAN FRANCISCO CA 84105 IT SERVICES 123539 5 3944 1015298 21340306 22359548 2148065 2148065 58921255 39586188 19335067 19335067 19335067 SCHOLARSHIP REFUNDS 611710 31721 31721 31721 43874401 0 0 21514853 7222579 7222579 1188301 596543 287245 304513 2060125 1412021 124492 523612 43068 29756 2567 10745 153479 95856 16193 41430 250419 155136 31293 63990 372090 372090 9000 9000 200820 200820 700043 79428 620244 371 106066 65311 28010 12745 586783 506629 24639 55515 514497 318782 64261 131454 111623 103044 4693 3886 3122 2117 705 300 31731 19661 3963 8107 64852 40182 8100 16570 DUES & SUBSCRIPTIONS 97582 55385 23754 18443 PROGRAM FEES & SUPPLIES 90980 51638 22146 17196 STAFF DEVELOPMENT 58184 33024 14163 10997 BAD DEBT 30000 17027 7303 5670 7427 4215 1808 1404 13902771 10808334 1858489 1235948 1418219 2125152 10729254 14485555 2729913 9828369 317606 348780 231739 186127 735133 588545 62041 146588 56503376 58933979 1683421 1292210 73675569 87346760 539862 280579 1920982 1508751 2460844 1789330 X 50953614 56979249 20261111 28578181 71214725 85557430 73675569 87346760 X 29971630 -15147381 -481544 X X 0 1 X 1 0 X 2026716 1584964 2020186 3926598 22359548 31918012 2026716 1584964 2020186 3926598 22359548 31918012 22453516 9464496 809447 2891838 1101171 1369592 2148065 8320113 2175 14578 40920 31721 89394 40327519 0.23470 0.33750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 2,175. 2022 AMOUNT: $ 14,578. 2023 AMOUNT: $ 40,920. 2024 AMOUNT: $ 31,721. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85968369 6335752 8546633 83757488 83714595 10970904 8717130 85968369 84100499 5744327 6130231 83714595 107637608 124000 -16375991 7285118 84100499 87534210 27501076 7397678 107637608 0.79532 0.10618 0.09850 0 0 735133 588545 146588 146588 DEFERRED COMPENSATION 60000 LEASE LIABILITY 1448751 1508751 X 28585626 -15147381 540970 -481544 -15087955 43673581 200820 200820 43874401 14242921 540970 540970 13701951 200820 200820 13902771 PART V, LINE 4: THE BOARD OF DIRECTORS OF DC CAP HAS DESIGNATED CERTAIN UNRESTRICTED NET ASSETS AS INTENDED FOR LONG-TERM INVESTMENT SUPPORT. PERMANENTLY RESTRICTED FUNDS ARE INTENDED TO BUILD THE CAPACITY OF DC CAP TO IMPROVE ITS PERFORMANCE PROGRAMMATICALLY AND OPERATIONALLY AND EXPAND COLLEGE RETENTION SERVICES PROGRAMS. THE EARNINGS ON THE ENDOWMENT FUNDS ARE NOT RESTRICTED AND MAY BE USED FOR GENERAL PURPOSES. THE TEMPORARILY RESTRICTED NET ASSETS PORTION OF THE ENDOWMENT PERTAINS TO THE EARNINGS GENERATED FROM THE CORPUS THROUGHOUT THE LIFE OF THE ENDOWMENT. PART X, LINE 2: DC CAP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE IRC); AND THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT DC CAP IS A PUBLICLY SUPPORTED ORGANIZATION AS DESCRIBED IN SECTION 509(A)(1) OF THE IRC. PART XI, LINE 2D - OTHER ADJUSTMENTS: PV DISCOUNT, PLEDGE AMORTIZATION -481,544. 1 EDUCATIONAL SCHOLARSHIPS 1191 7222579 PART I, LINE 2: DC CAP OFFERS NEED-BASED AND NON-NEED-BASED SCHOLARSHIPS. ALL AWARD APPLICATIONS GO THROUGH THE SAME PROCESS, REGARDLESS OF WHETHER OR NOT THEY ARE NEED-BASED. DC CAP PERFORMS MULTIPLE REVIEWS AND DOES NOT APPROVE AWARDS FOR DISBURSEMENT TO THE SCHOOLS UNTIL THE STUDENT'S ENROLLMENT IS VERIFIED. AWARDS ARE PAID DIRECTLY TO THE COLLEGES / UNIVERSITIES, TYPICALLY VIA EFT; HOWEVER, A MANUAL CHECK CAN BE ISSUED IF NECESSARY. FUTURE PAYMENTS ON THE AWARD ARE CONTINGENT UPON CONTINUED COLLEGE ENROLLMENT, MEETING ANY REQUIRED ACADEMIC MEASURES, AND FINANCIAL NEED. X X X X 1 0 0 0 0 0 0 1 0 ERIC WALDO PRESIDENT & CEO 309212 0 41937 0 0 0 7931 0 8876 0 367956 0 0 0 TOSHA LEWIS HUGHES CHIEF OPERATING OFFICER TO 09/24 139165 0 21490 0 77910 0 4129 0 5290 0 247984 0 0 0 KYA DIXON CHIEF PROGRAM OFFICER 175165 0 7155 0 0 0 5176 0 9797 0 197293 0 0 0 ANGELA CAMMACK CHIEF OF STAFF 170487 0 12250 0 0 0 4120 0 8717 0 195574 0 0 0 PRESTON MAGOUIRK CHIEF DATA OFFICER 175440 0 12250 0 0 0 2127 0 2724 0 192541 0 0 0 ADAM NANCE CHIEF DEVELOPMENT OFFICER 178766 0 0 0 0 0 1797 0 9385 0 189948 0 0 0 PART I, LINE 4A TOSHA LEWIS HUGHES, CHIEF OPERATING OFFICE, RECEIVED SEVERANCE OF $77,910. PART I, LINE 7 DURING THE YEAR ENDED DECEMBER 31, 2024, ERIC WALDO, PRESIDENT/CEO, RECEIVED BONUSES OF $46,937, TOSHA LEWIS HUGHES, CHIEF OPERATING OFFICER, RECEIVED A BONUS OF $21,490, KYA DIXON, CHIEF PROGRAM OFFICER, RECEIVED A BONUS OF $7,155, PRESTON MAGOUIRK, CHIEF DATA OFFICER, RECEIVED A BONUS OF $12,250, AND ANGELA CAMMACK, CHIEF OF STAFF, RECEIVED A BONUS OF $12,250. FORM 990, PART VI, SECTION A, LINE 3 DURING THE TAX YEAR, DC CAP OUTSOURCED THE VICE PRESIDENT OF FINANCE POSITION TO AN OUTSIDE CONSULTING FIRM. THE OUTSOURCED MANAGERIAL DUTIES INCLUDED PLANNING OF THE ORGANIZATION'S BUDGET, ALONG WITH OTHER ADMINISTRATIVE FINANCE FUNCTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE TAX DEPARTMENT AT A PROFESSIONAL CPA FIRM PREPARES THE DRAFT FORM 990 BASED UPON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION REQUESTS PRESENTED TO MANAGEMENT. UPON RECEIPT OF THE DRAFT, SENIOR MANAGEMENT AT DC CAP REVIEWS THE DOCUMENT FOR ACCURACY. THE TREASURER OF THE BOARD OF DIRECTORS THEN REVIEWS THE DRAFT FORM 990. ONCE FINAL APPROVAL IS GIVEN, THE TAX ACCOUNTANTS ISSUE THE FINAL RETURN FOR MANAGEMENT'S SIGNATURE AND PROVIDE A COPY TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE IS PROVIDED WITH THE CONFLICT-OF-INTEREST POLICY DURING THEIR ORIENTATION, AND IT IS SUBSEQUENTLY REVIEWED ANNUALLY. DC CAP MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT-OF-INTEREST POLICY. IN ADDITION, POTENTIAL VENDORS ARE VETTED TO ENSURE THAT NO CONFLICT OF INTEREST EXISTS. IF NO CONFLICT OF INTEREST EXISTS, THE VENDOR IS ADDED TO A LIST OF APPROVED VENDORS WITH WHICH DC CAP CAN CONDUCT BUSINESS. FURTHERMORE, THE MANAGEMENT AT DC CAP MONITORS ITS OPERATIONS FROM TIME TO TIME TO ENSURE THAT THERE ARE NO UNDISCLOSED CONFLICTS OF INTEREST IN RELATION TO BOARD MEMBERS AND THEIR ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT/CEO'S TOTAL COMPENSATION PACKAGE IS DETERMINED BY RESEARCH AND STUDY SOUGHT FROM AN EXTERNAL EXECUTIVE COMPENSATION FIRM ENGAGED EVERY 3 YEARS TO PROVIDE COMPENSATION, INCENTIVE, AND BENEFIT DATA. THE DATA IS SHARED WITH AN AD-HOC EXECUTIVE COMPENSATION COMMITTEE MADE UP OF BOARD MEMBERS. THE COMPENSATION AMOUNTS ARE DETERMINED BASED ON COMPARABLE COMPENSATION PACKAGES FOR PRESIDENTS AND CEOS OF SIMILAR ORGANIZATIONS IN BOTH SIZE AND SCOPE. RECOMMENDATIONS BY THE CONSULTANT ARE CONSIDERED AND A DECISION IS MADE BY THE AD-HOC COMMITTEE. THE CHAIRMAN OF THE BOARD OF DIRECTORS THEN PRESENTS AND/OR NEGOTIATES THE PACKAGE WITH THE PRESIDENT/CEO. OTHER EXECUTIVE POSITIONS PAY ARE DETERMINED IN CONSULTATION WITH HR AND LED WITH EXTERNAL BENCHMARKING. THE MOST RECENT COMPENSATION STUDY WAS IMPLEMENTED IN AUGUST 2019. FORM 990, PART VI, SECTION C, LINE 19 DC CAP MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FEDERAL FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PV DISCOUNT, PLEDGE AMORTIZATION -481,544. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.