Nonprofit screen
Screen a listAccelerate 500 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)
$2.4Mrevenue
FY2024 · −57% in 3 yrs11staff
6 of 6years filed
’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−71.9%
Months of reserve1.8mo
Revenue growth (annualized)+25.5%
Middle half of peersMedianAccelerate 500
Where the money goes FY2024 · $4.2M spent
Programs$1.3M32%Management and general$2.5M61%Fundraising$301k7%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2022
The Goldman Sachs Foundation gave $1.9M in FY2022, 28% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$1.5M in FY2023 and −$1.8M in FY2024. Cash covers 1.8 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Growing faster than peers
Revenue up 26% a year since FY2019, in the top quarter of similar nonprofits.
990 Part I · peer cohortFunders stay
3 of the 5 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists15funders
$1.8Ma year, last 3 years
35%from its largest funder
Funder’19’20’21’22’23The Goldman Sachs FoundationOn and off$1.9MThe Rockefeller FoundationSince FY2020$250k$697k$230k$23kFord PhilanthropyEvery year since FY2019$378k$75k$150k$275k$153kSurdna Foundation IncStopped after FY2022$50k$400k$405k–WK Kellogg FoundationSince FY2022$300k$300kEwing Marion Kauffman FoundationStopped after FY2022$130k$15k–Donor-advised giftsDonors not disclosed$55k$100k7 other fundersUp to $100k a year each$35k$165k$100k$50k
FundedThrough a donor-advised fundStopped