Form 990 for tax year 2023
Filed by ACADEMIC COACHING SERVICES ACS FOUNDATION INC.
Totals
- Total revenue
- $250,500
- Total expenses
- $109,702
- Contributions and grants received
- $250,500
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $101,110
- Management and general expenses
- $8,592
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $101,110
Program services were 92.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$250,500
-
2f · All other program service revenue
total $0 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $65,243 · program services $65,243 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $5,806 · program services $0 · management and general $5,806 · fundraising $0
-
13 · Office expenses
total $12,162 · program services $10,176 · management and general $1,986 · fundraising $0
-
16 · Occupancy
total $25,691 · program services $25,691 · management and general $0 · fundraising $0
-
17 · Travel
total $800 · program services $0 · management and general $800 · fundraising $0
Mission and programs · 2023
Mission
Academic Coaching Services (ACS) Foundation, Inc. is dedicated to providing financial assistance for supplemental, academic preparation to Nevada students who seek admissions to selective colleges and universities or university honors programs throughout the nation.? In partnership with the Alexander Dawson Foundation, ACS Foundation will now manage and administe r the Dawson College Bound (DCB) program. Starting in 2023, exceptional, income-qualified students from Southern Nevada will be recruited to participate in all academic programs administered by Academic Coaching Services & ACS Foundation.
-
ACS Foundation & Dawson College Bound (DCB) will award scholarships to high achieving, income-qualified Nevada students who need financial assistance to complete rigorous academic enrichment activities (tutoring, test prep courses, college counseling) and to improve their eligibility for selective college or honors program consideration. National Merit Semi-finalist distinction is one of the primary goals of this scholarship program. Additionally, ACS Foundation/Dawson College Bound support may be provided to fund educational expenses associated with preparing and submitting applications to selective colleges or programs (i.e. school visits, summer enrichment programs, travel, etc).
Expenses $101,110 · Grants $200,000 · Revenue $200,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Clarence W CoakleyCLARENCE W COAKLEY
EXECUTIVE DIRECTOR
- Total calculated
- $44,100
- From this org
- $0
- From related orgs
- $42,000
- Other
- $2,100
- Hours/week
- 60
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Itemized on Schedule J with no Part VII listing of the same name on this return:
-
Clarence CoakleyCLARENCE COAKLEY
Schedule J breakdown
- Base
- $42,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $42,000
-
Evan RogersEVAN ROGERS
Schedule J breakdown
- Base
- $9,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $9,000
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$7,500
COMMUNITY ASSISTANCE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 December 2024
- IRS schema version
- 2023v6.0
- Source object
- 202632459349301568
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