Nonprofit screen
Screen a list757 Accelerate Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.2Mrevenue
FY2024 · +29% in 3 yrs7staff
7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−34.3%
Months of reserve2.2mo
Revenue growth (annualized)+11.1%
Middle half of peersMedian757 Accelerate
Where the money goes FY2024 · $1.7M spent
Programs$884k53%Management and general$779k47%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Growing faster than peers
Revenue up 11% a year since FY2018, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 7 of its 7 returns, 38% of revenue in FY2024. $2.5M is traced federal awards from Department of Defense.
990 Part VIII · USAspending5funders
$88ka year, last 3 years
75%from its largest funder
Funder’18’19’20’21’22’23Virginia Innovation Partnership CorporationSince FY2022$100k$100kNorfolk State University Research and Innovation FoundationStopped after FY2019$17k$17k–The Landmark FoundationNew in FY2023$25kLocal Initiatives Support CorporationNew in FY2023$15kDonor-advised giftsDonors not disclosed$25k
FundedThrough a donor-advised fundStopped