Civic Intelligence

757 Accelerate Inc.

990 • Fiscal year 2022 • EIN 82-3232312

Jan 01, 2022 to Dec 31, 2022 • Filed on May 23, 2023

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

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

63rd percentile

15%

Higher net margin than 63% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$225,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

83rd percentile

33%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

85th percentile

63%

Faster revenue growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$821,015

Up $205,081 (+33%) from 2021

Net Assets

Up

$742,619

Up $229,485 (+45%) from 2021

Liabilities

Down

$78,396

Down $24,404 (-24%) from 2021

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin63rd percentile

Revenue

Up

$1,564,123

Up $602,303 (+63%) from 2021

Expenses

Up

$1,334,638

Up $487,140 (+57%) from 2021

Net Income

Up

$229,485

Up $115,163 (+101%) from 2021

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

2022

Assets$821,015
Liabilities$78,396
Net Assets$742,619
Open 2022 Filing

Operations Trend

Revenue Growth85th 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

2022

Revenue$1,564,123
Expenses$1,334,638
Net Income$229,485
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 23, 2023
Return Version
2022v5.0
Gross Receipts
$1,564,123
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$502,515$730,593▲ $228,078
Savings and Temporary Cash Investments$113,419$90,422▼ $22,997
Total Assets$615,934$821,015▲ $205,081
Liabilities
Accounts Payable and Accrued Expenses$83,978$62,670▼ $21,308
Other Liabilities$18,822$15,726▼ $3,096
Total Liabilities$102,800$78,396▼ $24,404
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$513,134$742,619▲ $229,485
Total Net Assets Fund Balance$513,134$742,619▲ $229,485
Total Liabilities and Net Assets / Fund Balance$615,934$821,015▲ $205,081
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mary Evans McmillionExecutive DirectorFT$225,000$225,000

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
Nate FenderBoard Member
Rishap MalhotraBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$1,564,099
Program Service Revenue
$0
Investment Income
$24
Other Revenue
$0
All Other Contributions
$813,849
Change in Net Assets
$229,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$620,490
Salaries, Compensation, and Employee Benefits$609,148
Grants and Similar Amounts Paid$105,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$139,410$209,115-$348,525
Current Officers, Directors, Trustees, and Key Employees$90,000$135,000-$225,000
Fees for Services Other$168,000--$168,000
Occupancy-$167,617-$167,617
Grants to Domestic Orgs$105,000--$105,000
Payroll Taxes$14,249$21,374-$35,623
Other Expenses$226,833$13,000-$13,000
Information Technology-$12,427-$12,427
Office Expenses-$10,111-$10,111
Fees for Services Accounting-$8,470-$8,470
Advertising-$6,438-$6,438
Travel-$4,334-$4,334
Insurance-$3,205-$3,205
Fees for Services Legal-$55-$55
Total Functional Expenses$743,492$591,146$0$1,334,638
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ConconnectNew York, NY-Organization Startup Funds$25,000
ChainparencyHouston, TX-Organization Startup Funds$20,000
Crunchy HydrationVirginia Beach, VA-Organization Startup Funds$20,000
DreamiRedwood City, CA-Organization Startup Funds$20,000
Hubly SurgicalLisle, IL-Organization Startup Funds$20,000
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$15,726
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.”

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
Monique Adams
Title
Managing Director
Phone
7572873338
Signed
2023-05-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Evans Mcmillion
Formed
2017
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
9
Employees
4
Volunteers
250

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 168,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 168,000.”

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 tax positions would be recorded in miscellaneous management and general expenses.”

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IRS990/Desc0RECEIVED 157 APPLICATIONS FOR 7 SPOTS IN THE ACCELERATOR PROGRAM. OF THE 7 COMPANIES, 6 HAD A MINORITY FOUNDER AND 3 HAD A FEMALE FOUNDER ON THE C-SUITE TEAM. ENGAGED OVER 100 MENTORS WHO SPENT OVER 500 HOURS WITH THE 7 FOUNDERS. TO DATE OUR ALUMNI COMPANIES CREATED 464 JOBS, GENERATED $27 MILLION IN LIFETIME REVENUE, RAISED A TOTAL OF $69 MILLION IN INVESTMENT CAPITAL AND RECEIVED OVER $14 MILLION IN GRANTS, LOANS, SBIR OR STTR FUNDING. DURING 2022, 757 ACCELERATE DEVELOPED A NEW PARTNERSHIP WITH HAMPTON ROADS BIOMEDICAL RESEARCH COLLABORATIVE ("HRBRC") AND RISE COAST RESILIENCE PROVIDING PRE-ACCELERATION SERVICES AND PORTFOLIO ANALYSIS.
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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/ProgSrvcAccomActy2Grp/Desc0IN ITS FIRST FULL YEAR OF EXISTENCE, STARTUP STUDIOS' IMPACT HAS GROWN TO REDUCING OBSTACLES AND BARRIERS TO OVER 70 EARLY-STAGE, GROWTH ORIENTED ENTREPRENEURS. THE STUDIOS MODEL CONTINUES TO BE HYPER FOCUSED ON SURROUNDING ENTREPRENEURS WITH PLACE, COMMUNITY, CUSTOMIZED PROGRAMMING AND MENTORSHIP SO ENTREPRENEURS CAN FOCUS ON VALIDATING AND SCALING THEIR BUSINESS. WE RECEIVED A RECORD NUMBER OF APPLICATIONS FOR OUR PROGRAM AND ARE PROUD TO SHARE THAT OVER 80% OF OUR FOUNDERS HAVE AN UNDER-REPRESENTED MEMBER PART OF THEIR LEADERSHIP TEAM. WE RECORDED OVER 6,000 VISITS IN OUR SPACE DURING THIS CALENDAR YEAR, FACILITATED OVER 150 UNIQUE PROGRAM OFFERINGS TO OUR GROWING COMMUNITY. OUR ENTREPRENEURS RAISED OVER $7M IN OUTSIDE CAPITAL AND CREATED DOZENS OF HIGH PAYING JOBS IN THE REGION.
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IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0229485
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01294651
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0113419
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090422
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01564099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0961785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0461040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0175002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0140019
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03301945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0126
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt03301945
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01564099
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0961785
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0461040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0175002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140019
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03301945
IRS990ScheduleA/TotalSupportAmt03302071
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/Amt015726
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 TAX POSITIONS WOULD BE RECORDED IN MISCELLANEOUS MANAGEMENT AND GENERAL EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt015726
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt120000
IRS990ScheduleI/RecipientTable/CashGrantAmt220000
IRS990ScheduleI/RecipientTable/CashGrantAmt320000
IRS990ScheduleI/RecipientTable/CashGrantAmt420000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
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/RecipientBusinessName/BusinessNameLine1Txt0CONCONNECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CRUNCHY HYDRATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DREAMI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HUBLY SURGICAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CHAINPARENCY
IRS990ScheduleI/RecipientTable/RecipientEIN0874631151
IRS990ScheduleI/RecipientTable/RecipientEIN1833769180
IRS990ScheduleI/RecipientTable/RecipientEIN2872353924
IRS990ScheduleI/RecipientTable/RecipientEIN3834469291
IRS990ScheduleI/RecipientTable/RecipientEIN4854231750
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08 WEST 126TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11805 KEMPSVILLE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2198 CREST RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3750 WARRENVILLE ROAD SUITE 303
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41400 BROADFIELD BLVD SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1VIRGINIA BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm2REDWOOD CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm3LISLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4HOUSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010029
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123464
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd294062
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd360532
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd477084
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/TotalOtherOrgCnt05
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARY EVANS MCMILLION
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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/ExplanationTxt2CONSULTING: PROGRAM SERVICE EXPENSES 168,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 168,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0615934
IRS990/TotalAssetsEOYAmt0821015
IRS990/TotalAssetsGrp/BOYAmt0615934
IRS990/TotalAssetsGrp/EOYAmt0821015
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01564099
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0591146
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0743492
IRS990/TotalFunctionalExpensesGrp/TotalAmt01334638
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0102800
IRS990/TotalLiabilitiesEOYAmt078396
IRS990/TotalLiabilitiesGrp/BOYAmt0102800
IRS990/TotalLiabilitiesGrp/EOYAmt078396

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$821,015
Liabilities
$78,396
Net assets
$742,619
Revenue
$1,564,123
Expenses
$1,334,638
Net income
$229,485
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
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.08$0.74$1.56$1.33$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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