ANNUAL REPORT

Transcription

1 ANNUAL REPORT

2 LETTER FROM THE CHAIRMAN Dear Friends and Supporters, We are pleased to provide you with our Annual Report. During this 13th year of operation, Reach for Excellence continued to bring quality education and enrichment opportunities to middle school students from the underserved population of Atlanta. About Reach for Excellence Reach for Excellence is a non-profit, classroom based academic, and leadership enrichment program. In 2001, this program was begun by the Marist Fathers and Brothers, who also operate Marist School in Atlanta, Georgia. Through its mix of academic, cultural, and community based experiences, this tuition-free program prepares talented, limited income middle school students to meet the challenges of college preparatory programs and high schools. Students, along with their families, commit to three six-week summer sessions and two years of Saturday sessions throughout the school year. As detailed in this Report, our 2013 Reach graduates will be attending rigorous, college-preparatory high school programs this fall at such schools as Woodward Academy, The Paideia School, The Galloway School, Mount Vernon Presbyterian School, Our Lady of Mercy Catholic High School, Marist School, and a number of competitive public high schools. In recognition of the effectiveness and success of the program, in March, the College Board named Reach for Excellence as the winner of the 2013 College Keys Compact Innovation Award. In addition graduates continue to strive for excellence, including one student being named Mentee of the Year by 100 Black Men of America, and another achieving Outstanding Participant status in the 2014 National Achievement Scholarship Program. These results are only possible through the hard work and dedication of the incredible young people who get up early, take the bus, and give up their summer days and weekends to make a better life for themselves and their families. Of course, the Reach program staff and teachers deserve the credit for making the program compelling and relevant to these young people. Finally, on behalf of the entire Board, we recognize and thank Jim MacGinnitie who served as chairman of the Reach Board for over ten years. Jim s leadership and passion for Reach has been a driving force behind the program s success. We all have big shoes to fill. Thank you for your commitment and generosity to Reach. Together, we are helping to change lives and our community. Warm regards, Rocco Testani Chairman of the Board

3 LETTER FROM THE DIRECTOR SPONSORS August 1, July 31, 2013 The summer of 2013 marked Reach for Excellence s 13th year, culminating with the graduation of our eleventh cohort! Cohort K Class of 2013, twenty-six scholars strong, is currently attending college preparatory public high schools and independent day schools. Reach for Excellence put its three busses to good use transporting scholars during the summer on fieldtrips as well as to community service projects at St. Vincent de Paul s Distribution Center. The rising 8th graders enjoyed their trip to the Tellus Museum, Reach s first visit to this museum, and their treks to North Georgia. Additional subject related outings included visits to the CNN Center, Stone Mountain, Wesleyan School, Westminster Schools, Rabun Gap Nacoochee School, the Anne Frank Exhibit, the Atlanta History Center, and the Animal Safari. Plans are being made for our 2014 summer session when we will welcome Cohort N Class of Cohort B Class of 2004, has its first lawyer, and college graduates attending medical school, pharmacy school, and other graduate schools. In May, Reach graduates earned college degrees in Early Childhood Education, Special Education, Elementary Education, and Mechanical Engineering. As I begin my eighth year as the Executive Director of Reach for Excellence, I am grateful to be a part of these talented young adults lives. With your support, the number of Reach for Excellence scholars will continue to grow, expanding their possibilities in the classroom, in their communities, and in their lives. $30,000 and above DeKalb County Human Services Grant Mr. & Mrs. W. James MacGinnitie The Sara Giles Moore Foundation The Society of Mary $25,000 and above Premiere Global Services, Inc. $10,000 and above Mr. Timothy J. Cambias The Edward Colston Foundation Mr. & Mrs. Andy Monin Mr. & Mrs. Steve Raeber Mr. & Mrs. Asbury (Major) Snow Mr. & Mrs. Wade Stribling The UPS Foundation $5,000 and above College Board Mr. & Mrs. Brian Frank The M. Winnifred O Dell Fund of the Community Foundation for Greater Atlanta The Sartain Lanier Family Foundation Sutherland Asbill & Brennan LLP Mr. & Mrs. Rocco Testani Mr. & Mrs. Jack Thornton Drs. John Zora & Marian Finan HD Supply Mr. Ben Harrison Invisible Hand Foundation/Al Trujillo Mr. & Mrs. Jeffrey Long Marist Magazine Sale Mr. & Mrs. Dan McDevitt Alex & Betty Smith Donor Advised Fund $500 and above Mr. & Mrs. Keith Keller Mr. Ralph B. Levy Marist School Junior Achievement Mr. & Mrs. Patrick McGahan Mr. & Mrs. John Meyers Mr. & Mrs. Norman Moore $250 and above Anonymous Mr. & Mrs. James Bligh Mr. & Mrs. Howard Mavity Ms. Lisa Robinson & Mr. Will Slade $100 and above Mr. & Mrs. Benton Ashby Mr. & Mrs. John Ball Mr. & Mrs. Lee Berg Mr. & Mrs. James Dorsey Mr. & Mrs. Nicholas Gentile Courtney Hale IMO Margaret Konzen The Ledlie Group Mr. & Mrs. Robert Meyers Mr. & Mrs. Dan Moroski Mr. & Mrs. Carlos Navarro Mr. & Mrs. Jon Schmid The Sophia Academy Mr. Alvin Townley Mr. & Mrs. Richard Whitehead Mr. & Mrs. H. Berrien Zettler $25 and above Mr. & Mrs. John Bright Mr. & Mrs. Christopher Camacho Mr. & Mrs. Ken Dickson Martha Egan IMO Paul Robinson Ms. Lolly Hemphill IHO Jon & Yasmine Scmid Mr. Granger Marchman & Ms. Alison Bearman Mr. Patrick Whalen In-Kind Donation Ms. Kristin Bright Ms. Delores Lauderdale Marist School Mr. & Mrs. John Meyers The Marist Way Thank you for your generosity, Karen A. Dessables Executive Director Visit us online and learn more about how we help change lives through providing access to education and opportunity. Find us online at $2,500 and above The Atlanta Foundation/Wells Fargo Mary Ryan & Henry G. Kuhrt Foundation Dr. Andrew MacGinnitie IHO Jim & Barbara MacGinnitie The Nordson Corporation Foundation The Patterson Family Foundation Mr. & Mrs. Joseph Thompson The Tull Charitable Foundation $1,000 and above The Berner Charitable & Scholarship Fund Mr. & Mrs. Jim Brewster Mr. & Mrs. James Butler Mr. & Mrs. Matt Connelly Credit Suisse Matching Gifts Mr. Leroy Fails Ms. Helen Flynn IHO Jim & Barbara MacGinnitie

4 STAFF AND BOARD OF DIRECTORS FINNCIALS Staff Karen Dessables Executive Director Gigi Meyers Development Director L to R: Karen Dessables, Executive Director; Fr. John Harhager, S.M., Reach Board of Directors Member; and Gigi Meyers, Director of Development Statement of Activities and Change in Net Assets Temporarily Permanently Unrestricted Restricted Restricted Total Public Support and Revenue Contributions $ 246,661 $ 85,000 $ 1,629 $ 333,290 In-Kind Contributions 78, ,750 Grants Revenue - 32,000-32,000 Interest Income Miscellaneous Income Net Assets Released from Restrictions 95,211 (95,211) - - Total Revenue and Support 421,483 21,789 1, ,901 Board of Directors Rocco Testani Chairman, Partner, Sutherland Asbill and Brennan LLP W. James MacGinnitie Actuary and Consultant Wade Stribling Partner, Sutherland Asbill and Brennan, LLP Timothy J. Cambias Sr. Chairman, Massey-Fair, LLC Patty Butler Assistant General Counsel, Turner Broadcasting Expenses Program Expenses 352, ,370 Management and Administration 17, ,769 Fundraising 16, ,800 Total Expenses 386, ,939 Changes in Net Assets 34,544 21,789 1,629 57,962 Net assets, beginning of year as restated (note 12) 55,622 71, ,833 Net assets, end of year $ 90,166 $ 93,000 $ 1,629 $ 184,795 Matt Connelly Managing Director, Mazzone and Associates, Inc. Angela Dorsey Vice President for Institutional Advancement, Marist School Leroy Fails Vice President for Regions and K 12 Service, The College Board Rev. John Harhager, S.M. President, Marist School Ben Harrison, President DealCloud, Inc. Dan S. McDevitt Director, Legal, HD Supply, Inc. Stephen M. Raeber Managing Director, Credit Suisse Securities, LLC Lisa Robinson Director of Development and Communications, Woodruff Arts Center Alvin Townley Author: Legacy of Honor, The Values and Influence of America s Eagle Scouts, and Spirit of Adventure Assets Current Assets Cash $ 26,839 Restricted Cash 1,629 Promises to Give, Net 38,000 Grants Receivable 32,000 Prepaid Expenses and Other Assets 550 Total Current Assets 99,018 Non-Current Assets Promises to Give, Net 55,000 Property and Equipment, Net 73,279 Total Non-Current Assets 128,279 Total Assets $ 227,297 Liabilities and Net Assets Liabilities Accounts Payable $ 2,500 Due to Marist School 40,002 Total Current Liabilities 42,502 Total Liabilities 42,502 Net Assets Unrestricted 90,166 Temporarily Restricted 93,000 Permanently Restricted 1,629 Total Net Assets 184,795 Total Liabilities and Net Assets $ 227,297

5 Reach for Excellence graduates have been accepted to the following secondary schools: Arabia Mountain High School Asheville School, NC Atlanta International School The Atlanta Girls School Banneker High School Ben Franklin Academy Benjamin E. Mays Math and Science Academy Berkmar High School, Honors Program Blair Academy, NJ Booker T. Washington S.T.A.R. Academy for Careers in Education Brookwood High School Centennial High School Cheshire Academy, CT Chamblee Charter High School Chamblee Magnet Program for High Achievers Chapel Hill High School Chattahoochee High School Clarkston High School Collins Hill High School Columbia High School Cross Keys High School The Darlington School, GA Decatur High School DeKalb Early College Academy DeKalb School of the Arts Druid Hills Charter High School Douglas Business and Technology Magnet Duluth High School, Gifted Dunwoody High School Episcopal School, VA Reach for Excellence graduates have been accepted to the following colleges and universities: Agnes Scott College Air Force Academy Alabama A & M University Albany State University Armstrong Atlantic State University Auburn University Benedict College Boston College Brenau University Brown University California Institute of the Arts College of Charleston College of Wooster Dartmouth College Davidson College DeVry University Elon University Emory University Escuela de Aviacion, MX Florida A & M University Fort Valley State University Furman University George Washington University Georgia Gwinnett College Georgia Perimeter College Georgia State University Reach for Excellence graduates have been accepted to the following graduate schools: Medical College of Georgia Mercer University Stetson University, College of Law University of Georgia, College of Pharmacy Fayette County High School The Galloway School The Global Village School Grady Communications Magnet Program Grady High School Gwinnett School of Math, Science and Technology Hapeville Charter Career Academy Heritage High School Holy Innocents Episcopal School Horizon School International Baccalaureate Programs at Dunwoody, Lithia Springs Marietta, M. L. King, and Tucker High Schools Lakeside High School, Honors Lake Forest Academy, IL Langston Hughes High School The Lawrenceville School, NJ The Lovett School Marist School Mays High School, Science and Math Community McCallie School, TN Mill Creek High School Morrow High School Mount Vernon Presbyterian School New Schools of Carver Magnet High School North Atlanta International Studies Magnet High School North Springs Art Magnet North Springs Science Magnet High School Our Lady Of Mercy Catholic High School Pace Academy Georgia Southern University Georgia Institute of Technology Georgia Southwestern State University Grambling State University Guilford College Hampton University Harvard University Howard University Huntingdon College Kennesaw State University Marquette University Maryland Institute College of the Arts Mercer University Middle Tennessee State University Morehouse College North Carolina A & T State University North Carolina State University North Georgia College & State University Ohio Wesleyan University Princeton University Queens University Rhodes College Rollins College Salem College Savannah College of Art and Design School of the Art Institute of Chicago The Paideia School Parkview High School Peddie School, NJ Rabun Gap Nacoochee School, GA Riverwood High School Salem Academy, NC School Without Walls, Washington, D.C. Shawnee Mission North High School, Kansas Shiloh High School South Atlanta High School South Cobb High School Academy of Research and Medical Sciences Southwest DeKalb High Achievers Magnet High School St. Andrews, FL St. Andrew s Sewanee School, TN St. Pius X Stephenson High School Stockbridge High School College Preparatory Program Subiaco Academy, AR Tri-Cities High School Magnet Program Tucker High School, IB Program Webb School, TN Wesleyan School Westlake High School Mathematics and Science Magnet Program Westminster Schools Wheeler Math and Science Magnet High School Woodberry Forest School, VA Woodward Academy Southern Polytechnic State University Spelman College Spring Hill College Stanford University St. Leo University Swarthmore College Tennessee State University Tuskegee University Tulane University University of Alabama University of Alabama-Huntsville University of Colorado University of Georgia University of Mississippi University of North Carolina Chapel Hill University of Notre Dame University of Pennsylvania University of West Georgia Valdosta State University Vanderbilt University Virginia Commonwealth University Wake Forest University Watkins College of Art, Design, and Film Xavier University Yale University 3790 Ashford Dunwoody Road, NE Atlanta, Georgia