Civic Intelligence

The Acceleration Project Inc.

990EZ • Fiscal year 2016 • EIN 46-0762002

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 03, 2017

ANCHIN LLP 1375 broadwayNew York, NY 10018

(212) 536-6825

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

88th percentile

64%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$111,182

Up $43,527 (+64%) from 2015

Net Assets

Up

$111,182

Up $43,527 (+64%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$51,572

Up $10,612 (+26%) from 2015

Expenses

Up

$8,045

Up $144 (+1.8%) from 2015

Net Income

Up

$43,527

Up $10,468 (+32%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $12,844Liabilities 2013: $0Net Assets 2013: $12,8442013Assets 2014: $34,596Liabilities 2014: $0Net Assets 2014: $34,5962014Assets 2015: $67,655Liabilities 2015: $0Net Assets 2015: $67,6552015Assets 2016: $111,182Liabilities 2016: $0Net Assets 2016: $111,1822016Assets 2017: $213,337Liabilities 2017: $0Net Assets 2017: $213,3372017Assets 2018: $322,937Liabilities 2018: $61,643Net Assets 2018: $261,2942018Assets 2019: $521,784Liabilities 2019: $11,247Net Assets 2019: $510,5372019Assets 2020: $861,656Liabilities 2020: $9,708Net Assets 2020: $851,9482020Assets 2021: $1,525,654Liabilities 2021: $234,860Net Assets 2021: $1,290,7942021Assets 2022: $2,266,769Liabilities 2022: $100,566Net Assets 2022: $2,166,2032022Assets 2023: $2,868,264Liabilities 2023: $187,995Net Assets 2023: $2,680,2692023Assets 2024: $3,453,980Liabilities 2024: $245,668Net Assets 2024: $3,208,3122024

Highlighted filing

2016

Assets$111,182
Liabilities$0
Net Assets$111,182

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2012: $5,084Expenses 2012: $5,084Net Income 2012: $02012Revenue 2013: $19,100Expenses 2013: $6,256Net Income 2013: $12,8442013Revenue 2014: $32,578Expenses 2014: $10,826Net Income 2014: $21,7522014Revenue 2015: $40,960Expenses 2015: $7,901Net Income 2015: $33,0592015Revenue 2016: $51,572Expenses 2016: $8,045Net Income 2016: $43,5272016Revenue 2017: $151,811Expenses 2017: $43,536Net Income 2017: $108,2752017Revenue 2018: $244,235Expenses 2018: $196,278Net Income 2018: $47,9572018Revenue 2019: $647,340Expenses 2019: $398,097Net Income 2019: $249,2432019Revenue 2020: $869,758Expenses 2020: $528,347Net Income 2020: $341,4112020Revenue 2021: $1,236,597Expenses 2021: $797,751Net Income 2021: $438,8462021Revenue 2022: $2,068,944Expenses 2022: $1,183,377Net Income 2022: $885,5672022Revenue 2023: $2,221,431Expenses 2023: $1,738,744Net Income 2023: $482,6872023Revenue 2024: $2,641,172Expenses 2024: $2,150,287Net Income 2024: $490,8852024

Highlighted filing

2016

Revenue$51,572
Expenses$8,045
Net Income$43,527
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 3, 2017
Return Version
2016v3.1
Gross Receipts
$51,572
Mission and Program Overview

Mission

Support the vitality of local economies by providing strategic and tactical advice to accelerate small business growth; and to empower professional women to make a meaningful impact in the community while advancing their skills.

The acceleration project, inc.'s primary exempt purposes are: (a) to promote economic development by providing small businesses with comprehensive entrepreneurial and financial training, strategic and tactical business advice, and networking, so that such businesses can grow and flourish, provide jobs to the community and boost the local economy; (b) to provide training for business consultants looking to hone their skills and/or re-enter the workforce; and (c) to conduct any other activities and to perform any and all acts which may be necessary, useful, suitable, or proper for the furtherance, accomplishment, or attainment of any of the activities described in clauses (a) and (b).

Program Services

DescriptionGrantsExpenses
Strategic Advisory Program is the cornerstone of The Acceleration Project, Inc.'s services. Through this program, the organization offers consulting engagements where consultants work with small business owners to create a customized Action Plan to drive their business forward and work to address immediate business issues.-$4,578
Another program,a Speed Consulting workshop, provided 90 minutes of consulting on how to address business challenges. Consultants worked with the businesses in small groups facilitating dialogue and brainstorming among businesses.-$1,412
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANE VERONCo-Founder Co-Pres Treas DirectorPT$0--
LISA TRETLER resigned March 2016Co-Founder Co-Pres Secy DirectorPT$0--
ANDREW FELDSTEINVice President Director-$0--
JONATHAN TRETLERVice President Director-$0--
PETER D GREENECo-Pres Secy DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
The Acceleration Project Inc
EIN
46-0762002
In Care Of
% ANCHIN BLOCK & ANCHIN LLP
Phone
2125366825
Address
ANCHIN LLP 1375 broadway, NEW YORK, NY 10018

Signing Officer

Name
Jane Veron
Title
co-president
Phone
2128403456
Signed
2017-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Anchin Block & Anchin Llp
Address
1375 BROADWAY, NEW YORK, NY 10018-7001
Preparer
James Ferrara
Phone
2128403456
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:CONSULTANTS RECRUITMENT Amount:737

Form 990EZ Part I Line 16

Description:MARKETING Amount:863

Form 990EZ Part I Line 16

Description:INSURANCE Amount:1677

Form 990EZ Part I Line 16

Description:WEBSITE/DOMAIN REGISTRATION Amount:432

Form 990EZ Part I Line 16

Description:ASSOCIATION DUES Amount:202

Form 990EZ Part I Line 16

Description:PAYPAL FEES Amount:298

Form 990EZ Part I Line 16

Description:PROGRAM MANAGEMENT Amount:48

Form 990EZ Part I Line 16

Description:DEVELOPMENT AND FUNDRAISING Amount:2055

Raw XML Appendix185 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JANE VERON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LISA TRETLER resigned March 2016
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0THE ACCELERATION PROJECT, INC.'S PRIMARY EXEMPT PURPOSES ARE: (A) TO PROMOTE ECONOMIC DEVELOPMENT BY PROVIDING SMALL BUSINESSES WITH COMPREHENSIVE ENTREPRENEURIAL AND FINANCIAL TRAINING, STRATEGIC AND TACTICAL BUSINESS ADVICE, AND NETWORKING, SO THAT SUCH BUSINESSES CAN GROW AND FLOURISH, PROVIDE JOBS TO THE COMMUNITY AND BOOST THE LOCAL ECONOMY; (B) TO PROVIDE TRAINING FOR BUSINESS CONSULTANTS LOOKING TO HONE THEIR SKILLS AND/OR RE-ENTER THE WORKFORCE; AND (C) TO CONDUCT ANY OTHER ACTIVITIES AND TO PERFORM ANY AND ALL ACTS WHICH MAY BE NECESSARY, USEFUL, SUITABLE, OR PROPER FOR THE FURTHERANCE, ACCOMPLISHMENT, OR ATTAINMENT OF ANY OF THE ACTIVITIES DESCRIBED IN CLAUSES (A) AND (B).
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:CONSULTANTS RECRUITMENT Amount:737
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:INSURANCE Amount:1677
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:WEBSITE/DOMAIN REGISTRATION Amount:432
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:ASSOCIATION DUES Amount:202
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:PAYPAL FEES Amount:298
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:PROGRAM MANAGEMENT Amount:48
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description:DEVELOPMENT AND FUNDRAISING Amount:2055
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/PhoneNum02125366825
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES FERRARA
ReturnHeader/ReturnTs02017-09-05T15:20:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$0.25$3.21$2.64$2.15$0.49
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.19$2.68$2.22$1.74$0.48
2022Detailed filing. Detailed filing data is available for this year.$2.27$0.10$2.17$2.07$1.18$0.89
2021Detailed filing. Detailed filing data is available for this year.$1.53$0.23$1.29$1.24$0.80$0.44
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.01$0.85$0.87$0.53$0.34
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$0.65$0.40$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.06$0.26$0.24$0.20$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.15$0.04$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.05$0.01$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.04$0.01$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.03$0.01$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.01$0.01
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.01$0.01$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits