Civic Intelligence

757 Accelerate Inc.

990 • Fiscal year 2021 • EIN 82-3232312

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 23, 2022

Organization Profile757ACCELERATE.ORG
400 Granby St Suite 115Norfolk, VA 23510

(757) 513-1343

Siviq Scores

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

Liabilities / Assets

71st percentile

0.17x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.11x

Higher debt load relative to revenue than 65% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

49th percentile

12%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

94th percentile

$144,792

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

83rd percentile

50%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

109%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$615,934

Up $203,942 (+50%) from 2020

Net Assets

Up

$513,134

Up $132,559 (+35%) from 2020

Liabilities

Up

$102,800

Up $71,383 (+227%) from 2020

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin49th percentile

Revenue

Up

$961,820

Up $500,744 (+109%) from 2020

Expenses

Up

$847,498

Up $468,901 (+124%) from 2020

Net Income

Up

$114,322

Up $31,843 (+39%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$1.0M$500K$0Assets 2018: $447,629Liabilities 2018: $27,160Net Assets 2018: $420,4692018Assets 2019: $316,179Liabilities 2019: $17,057Net Assets 2019: $299,1222019Assets 2020: $411,992Liabilities 2020: $31,417Net Assets 2020: $380,5752020Assets 2021: $615,934Liabilities 2021: $102,800Net Assets 2021: $513,1342021Assets 2022: $821,015Liabilities 2022: $78,396Net Assets 2022: $742,6192022Assets 2023: $976,372Liabilities 2023: $46,704Net Assets 2023: $929,6682023Assets 2024: $507,572Liabilities 2024: $2,284Net Assets 2024: $505,2882024

Highlighted filing

2021

Assets$615,934
Liabilities$102,800
Net Assets$513,134
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2018: $657,157Expenses 2018: $236,688Net Income 2018: $420,4692018Revenue 2019: $446,536Expenses 2019: $384,552Net Income 2019: $61,9842019Revenue 2020: $461,076Expenses 2020: $378,597Net Income 2020: $82,4792020Revenue 2021: $961,820Expenses 2021: $847,498Net Income 2021: $114,3222021Revenue 2022: $1,564,123Expenses 2022: $1,334,638Net Income 2022: $229,4852022Revenue 2023: $1,566,357Expenses 2023: $1,379,308Net Income 2023: $187,0492023Revenue 2024: $1,238,698Expenses 2024: $1,663,078Net Income 2024: -$424,3802024

Highlighted filing

2021

Revenue$961,820
Expenses$847,498
Net Income$114,322
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 23, 2022
Return Version
2021v4.2
Gross Receipts
$961,820
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$160,233$502,515▲ $342,282
Savings and Temporary Cash Investments$251,759$113,419▼ $138,340
Total Assets$411,992$615,934▲ $203,942
Liabilities
Accounts Payable and Accrued Expenses$31,417$83,978▲ $52,561
Other Liabilities$0$18,822▲ $18,822
Total Liabilities$31,417$102,800▲ $71,383
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$308,431$513,134▲ $204,703
Net Assets With Donor Restrictions$72,144$0▼ $72,144
Total Net Assets Fund Balance$380,575$513,134▲ $132,559
Total Liabilities and Net Assets / Fund Balance$411,992$615,934▲ $203,942
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Evans McmillionExecutive DirectorFT$144,792$144,792

Board Members and Trustees

NameTitle
Nancy GrdenChairman
Angela ReddixBoard Member
Anne ConnerBoard Member
Blake LuseBoard Member
Chandra BriggmanBoard Member
Dave LevinBoard Member
Drew UnvgarskyBoard Member
Eric BrownBoard Member
Nate FenderBoard Member
Rishap MalhotraBoard Member
Monique AdamsOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$961,785
Program Service Revenue
$0
Investment Income
$35
Other Revenue
$0
All Other Contributions
$527,173
Change in Net Assets
$114,322
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$372,683
Other Expenses$294,823
Grants and Similar Amounts Paid$179,992
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$96,217$144,325-$240,542
Grants to Domestic Orgs$179,992--$179,992
Other Salaries and Wages$46,132$69,198-$115,330
Fees for Services Other$107,000--$107,000
Occupancy-$78,009-$78,009
Other Expenses$40,738$19,180-$19,180
Payroll Taxes$6,724$10,087-$16,811
Office Expenses-$16,792-$16,792
Information Technology-$11,493-$11,493
Advertising-$9,644-$9,644
Fees for Services Accounting-$9,031-$9,031
Insurance-$2,936-$2,936
Total Functional Expenses$476,803$370,695$0$847,498
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aged DiagnosticsWashington, DC-Organization Startup Funds$20,000
Better World Collective LLCCharlottesville, VA-Organization Startup Funds$19,999
FrontlineVirgina Beach, VA-Organization Startup Funds$19,999
Grantable LLCRichmond, VA-Organization Startup Funds$19,999
Happy Active FamilyJackson, WY-Organization Startup Funds$19,999
Inovcares Connected Comprehensive Healthcare LLCAtlanta, GA-Organization Startup Funds$19,999
PaintjetHendersonville, TN-Organization Startup Funds$19,999
Senior RunsNewport News, VA-Organization Startup Funds$19,999
Zilper TrenchlessNorfolk, VA-Organization Startup Funds$19,999
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to 757 Angels$18,822
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The managing partner of 757 accelerate dba 757 collab approves a draft of the 990 and circulates to the board with 24 hours to respond. The return is then signed by the managing partner.”

Form 990, Part VI, Section C, Line 19

“All documents are available to the general public upon request.”

FORM 990, PART VI, SECTION C, LINE 19:

“All documents are available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
757 Accelerate Inc
EIN
82-3232312
Phone
7575131343
Address
400 GRANBY ST SUITE 115, NORFOLK, VA 23510

Signing Officer

Name
Evans Mcmillion
Title
Managing Director
Phone
7572873338
Signed
2022-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Evans Mcmillion
Formed
2017
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
11
Employees
4
Volunteers
70

Preparer

Firm
Wall Einhorn & Chernitzer Pc
Address
150 W MAIN ST SUITE 1200, NORFOLK, VA 23510
Preparer
Paul G Dinardo
Phone
7576254700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 107,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 107,000.”

Financial Statement Notes

PART X, LINE 2:

“757 accelerate, inc. Is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. Internal revenue code section 513(a) defines an unrelated trade or business of an exempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. Currently the organization has no obligation for any unrelated business income tax. The organization believes it has appropriate support for any tax positions taken; however, any penalties and interest incurred as a result of uncertain taxx positions would be recorded in miscellaneous management and general expenses.”

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IRS990/Desc0RECEIVED 160 APPLICATIONS FOR 9 SPOTS IN THE ACCELERATOR PROGRAM. OF THE 9 COMPANIES, 6 HAD A MINORITY FOUNDER AND 5 HAD A FEMALE FOUNDER ON THE C-SUITE TEAM. ENGAGED OVER 80 MENTORS WHO SPENT OVER 510 HOURS WITH THE 9 FOUNDERS. OUR ALUMNI COMPANIES CREATED 109 JOBS, GENERATED $3.5 MILLION IN REVENUE, RAISED A TOTAL OF $34 MILLION IN INVESTMENT CAPITAL AND RECEIVED OVER $12 MILLION IN GRANTS, LOANS, SBIR OR STTR FUNDING. DURING 2021, 757 ACCELERATE DEVELOPED A NEW PARTNERSHIP WITH HAMPTON ROADS BIOMEDICAL RESEARCH COLLABORATIVE ("HRBRC") THAT NOT ONLY BECAME A FINANCIAL SPONSOR BUT HAS JOINED THE COALITION TO PROVIDE TARGETED MENTORSHIP AND PROGRAMMATIC SUPPORT TO SUPPORT OUR EFFORTS TO GROW MORE REGIONAL BIOMEDICAL AND HEALTHCARE RELATED COMPANIES.
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IRS990/MissionDesc0757 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.
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IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0757 STARTUP STUDIOUS HAS MADE A MEASURABLE IMPACT IN OUR REGION'S ENTREPRENEURIAL AND STARTUP ECOSYSTEM. CURRENTLY, WORKING WITH 12 EARLY-STAGE FOUNDERS, STARTUP STUDIOS HAS FACILITATED NEARLY 50 UNIQUE PROGRAMMATIC OFFERINGS SINCE OPENING. THE STUDIOS HAS HAD OVER 1,600 VISITS INTO THE SPACE AND OVER 600 UNIQUE VISITORS DURING THAT TIME PERIOD. THE STUDIOS HAS SURPASSED OVER 30,000 IMPRESSIONS ON SOCIAL MEDIA PLATFORMS AND WEBSITE SINCE LAUNCHING. BEGINNING NOVEMBER 2022, THE STUDIOS WILL BE SCALING UP FROM SERVING 12 STARTUPS TO 30 EARLY-STAGE STARTUPS. THE COMPANIES FOR WHICH THE STUDIOS HAS ASSISTED HAS RESULTED IN OVER 40 JOB CREATIONS AND RAISING OVER A MILLION DOLLARS IN FUNDING SINCE MOVING INTO STARTUP STUDIOS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023185
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0263438
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0461040
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0210595
IRS990/PYInvestmentIncomeAmt036
IRS990/PYOtherExpensesAmt018902
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt082479
IRS990/PYSalariesCompEmpBnftPaidAmt0149100
IRS990/PYTotalExpensesAmt0378597
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0461076
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0114322
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0698347
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0251759
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0961785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0461040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0175002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0140019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01737846
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0102
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01737846
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0961785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0461040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0175002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0140019
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01737846
IRS990ScheduleA/TotalSupportAmt01737948
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018822
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO 757 ANGELS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0757 ACCELERATE, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN; HOWEVER, ANY PENALTIES AND INTEREST INCURRED AS A RESULT OF UNCERTAIN TAXX POSITIONS WOULD BE RECORDED IN MISCELLANEOUS MANAGEMENT AND GENERAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt018822
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt019999
IRS990ScheduleI/RecipientTable/CashGrantAmt119999
IRS990ScheduleI/RecipientTable/CashGrantAmt219999
IRS990ScheduleI/RecipientTable/CashGrantAmt319999
IRS990ScheduleI/RecipientTable/CashGrantAmt419999
IRS990ScheduleI/RecipientTable/CashGrantAmt519999
IRS990ScheduleI/RecipientTable/CashGrantAmt619999
IRS990ScheduleI/RecipientTable/CashGrantAmt719999
IRS990ScheduleI/RecipientTable/CashGrantAmt820000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8ORGANIZATION STARTUP FUNDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HAPPY ACTIVE FAMILY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SENIOR RUNS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2PAINTJET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3FRONTLINE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4BETTER WORLD COLLECTIVE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5ZILPER TRENCHLESS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6INOVCARES CONNECTED COMPREHENSIVE HEALTHCARE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7GRANTABLE LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8AGED DIAGNOSTICS
IRS990ScheduleI/RecipientTable/RecipientEIN0833224984
IRS990ScheduleI/RecipientTable/RecipientEIN1461456854
IRS990ScheduleI/RecipientTable/RecipientEIN2843868752
IRS990ScheduleI/RecipientTable/RecipientEIN3870987811
IRS990ScheduleI/RecipientTable/RecipientEIN4465380007
IRS990ScheduleI/RecipientTable/RecipientEIN5831578803
IRS990ScheduleI/RecipientTable/RecipientEIN6823744868
IRS990ScheduleI/RecipientTable/RecipientEIN7854303997
IRS990ScheduleI/RecipientTable/RecipientEIN8830982319
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 13303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1528 RAINBOW CT 103
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21020 LAVERN CIR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt35510 LYNBROOK LANDING
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4448 ROOKWOOD DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5312 W 24TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6504 FAIR ST SW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71717 EAST CARY STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8625 H ST NE APT 821
IRS990ScheduleI/RecipientTable/USAddress/CityNm0JACKSON
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NEWPORT NEWS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2HENDERSONVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3VIRGINA BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm4CHARLOTTESVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm5NORFOLK
IRS990ScheduleI/RecipientTable/USAddress/CityNm6ATLANTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm7RICHMOND
IRS990ScheduleI/RecipientTable/USAddress/CityNm8WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0830023303
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123608
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd237075
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd323462
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd422903
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd523517
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd630313
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd723223
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd820002
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION OBTAINS APPLICATIONS FOR GRANTS; ELIGIBLE ENTITIES ARE INTERVIEWED AND A SELECTION COMMITTEE INCLUDING BOARD LEADERSHIP VOTES ON FINAL RECIPIENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt09
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MANAGING PARTNER OF 757 ACCELERATE DBA 757 COLLAB APPROVES A DRAFT OF THE 990 AND CIRCULATES TO THE BOARD WITH 24 HOURS TO RESPOND. THE RETURN IS THEN SIGNED BY THE MANAGING PARTNER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING: PROGRAM SERVICE EXPENSES 107,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$615,934
Liabilities
$102,800
Net assets
$513,134
Revenue
$961,820
Expenses
$847,498
Net income
$114,322
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$1.24$1.66$0.42
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.05$0.93$1.57$1.38$0.19
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.08$0.74$1.56$1.33$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.10$0.51$0.96$0.85$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.03$0.38$0.46$0.38$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.02$0.30$0.45$0.38$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.03$0.42$0.66$0.24$0.42