Virginia · Nonprofit
757 ACCELERATE INC
757 ACCELERATE INC (Virginia) receives grants from 5 organizations whose IRS filings report $298,334 to it, the largest being VIRGINIA INNOVATION PARTNERSHIP CORPORATION ($200,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $1.2M
- Funders on record
- 5
- Grants received
- $298k
- Net assets
- $505k
What 757 Accelerate Inc does
Mission
757 accelerate is a non-profit startup accelerator and incubator program. Our mission is to provide startups with the customized resources and capital they need to grow. We boost promising startups towards customer traction and revenue using their own network of mentors, investors, support service, working space, and a lean startup education. Our values are entrepreneurs-first, give before you get, and a long-term commitment to helping startups do more, faster.
As stated on its FY2024 Form 990.
Programs
In 2024, 757 collab delivered high-impact programming across its continuum - startup studios, accelerate, and angels - positioning hampton roads as a nationally recognized innovation hub. The organization directly engaged over 2,500 entrepreneurs, created 350 new jobs, and facilitated 90 internships. Through 757 startup studios, over 200 startups have been incubated since launch, including 24 new products launched in the past year alone. Founders logged over 7,000 visits to the space and participated in more than 100 facilitated programs - with 98% of them calling hampton roads home.
$707,036 spentof which $160,000 as grants$331,632 earned by the program80% of program spending757 accelerate, the flagship investor-readiness program, has now supported 54 startups across eight cohorts, helping raise more than $100 million to date, including $20+ million in 2024. The program created over 350 jobs and delivered over 1,500 hours of mentorship in the past year. Additional highlights include strategic innovation partnerships across climate, health, and defense tech sectors. The organization hosted 85 invite-only innovation events, facilitated over 200 matb startup connections, and helped 28 small businesses and two universities pitch directly to navy and air force stakeholders.
$176,759 spent20% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $883,795.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $976k to $508k (−48%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 100% · 2019 83% · 2020 100% · 2021 45% · 2022 48% · 2023 46% · 2024 38%. Grants only. Government contracts and fees sit inside program revenue.
72% of 757 ACCELERATE INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Tim Ryan
Executive director
Board chair
Nancy Grden
Chairman
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2021 and FY2022, and between the FY2023 and FY2024 filings.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $17k → $165k.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of 757 ACCELERATE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
757 ACCELERATE INC leans on a few funders — its largest provides 67% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 757 ACCELERATE INC.
Largest funder’s share by year: 2018 100% · 2019 100% · 2022 100% · 2023 61% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
95% of 757 ACCELERATE INC's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
757 ACCELERATE INC has grown faster than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding 757 ACCELERATE INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.5M on record.
- Department of Defense$2.5M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like 757 ACCELERATE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
53% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for 757 ACCELERATE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds 757 ACCELERATE INC?
- 757 ACCELERATE INC (Virginia) receives grants from 5 organizations whose IRS filings report $298,334 to it, the largest being VIRGINIA INNOVATION PARTNERSHIP CORPORATION ($200,000). 2 of them have funded it in more than one year.
- How many funders does 757 ACCELERATE INC have?
- IRS filings report 5 organizations giving $298,334 in grants to 757 ACCELERATE INC, 2 of which have funded it in more than one year.
- Who is the largest funder of 757 ACCELERATE INC?
- VIRGINIA INNOVATION PARTNERSHIP CORPORATION is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
- How can an organization like 757 ACCELERATE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing