Civic Intelligence

Accelerate Change Inc.

990 • Fiscal year 2021 • EIN 82-3400062

Jul 01, 2020 to Jun 30, 2021 • Filed on May 15, 2021

294 Washington Street Suite 500Boston, MA 02108

(617) 292-4805

Siviq Scores

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

Liabilities / Assets

85th percentile

0.64x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

1.03x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

3rd percentile

-72%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

56th percentile

$132,497

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

1st percentile

-37%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-56%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Flat

$7,613,917

Flat from 2021

Net Assets

Flat

$2,758,920

Flat from 2021

Liabilities

Flat

$4,854,997

Flat from 2021

Revenue

Flat

$4,733,282

Flat from 2021

Expenses

Flat

$8,142,412

Flat from 2021

Net Income

Flat

-$3,409,130

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2020: $12,111,251Liabilities 2020: $5,943,201Net Assets 2020: $6,168,0502020Assets 2021: $7,613,917Liabilities 2021: $4,854,997Net Assets 2021: $2,758,9202021Assets 2021: $7,613,917Liabilities 2021: $4,854,997Net Assets 2021: $2,758,9202021Assets 2022: $12,728,956Liabilities 2022: $2,588,681Net Assets 2022: $10,140,2752022Assets 2023: $7,749,376Liabilities 2023: $1,957,635Net Assets 2023: $5,791,7412023

Highlighted filing

2021

Assets$7,613,917
Liabilities$4,854,997
Net Assets$2,758,920

Operations Trend

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

$20M$10M$0-$10MRevenue 2020: $10,832,667Expenses 2020: $6,924,342Net Income 2020: $3,908,3252020Revenue 2021: $4,733,282Expenses 2021: $8,142,412Net Income 2021: -$3,409,1302021Revenue 2021: $4,733,282Expenses 2021: $8,142,412Net Income 2021: -$3,409,1302021Revenue 2022: $15,689,192Expenses 2022: $8,307,837Net Income 2022: $7,381,3552022Revenue 2023: $5,562,912Expenses 2023: $9,911,446Net Income 2023: -$4,348,5342023

Highlighted filing

2021

Revenue$4,733,282
Expenses$8,142,412
Net Income-$3,409,130
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 15, 2021
Return Version
2020v4.0
Gross Receipts
$4,739,246
Mission and Program Overview

Mission

Educating the public, and especially minority and underprivileged members of the public, on a range of public interest issues including economic equality, criminal justice, healthcare, the environment, immigrant integration, child development, poverty, homelessness, and democracy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,442,693$7,083,906▼ $4,358,787
Savings and Temporary Cash Investments$290,162$292,142▲ $1,980
Accounts Receivable$217,278$232,474▲ $15,196
Pledges and Grants Receivable$155,000$0▼ $155,000
Prepaid Expenses and Deferred Charges$6,118$5,395▼ $723
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0--
Total Assets$12,111,251$7,613,917▼ $4,497,334
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,754,062$4,665,858▼ $1,088,204
Other Liabilities$189,139$189,139→ $0
Grants Payable$0--
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$5,943,201$4,854,997▼ $1,088,204
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,078,766$2,573,920▼ $1,504,846
Net Assets With Donor Restrictions$2,089,284$185,000▼ $1,904,284
Total Net Assets Fund Balance$6,168,050$2,758,920▼ $3,409,130
Total Liabilities and Net Assets / Fund Balance$12,111,251$7,613,917▼ $4,497,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter MurrayExecutive Director (see Sched O on compensation)PT$122,979$9,518$132,497

Board Members and Trustees

NameTitle
Johanna NeumannPresident
Jon DarnellDirector
Marcia EldridgeSecretary and Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Kw ProductionsInfluencer Strategy And Engagement1675 BROADWAY 20TH FL, New York, NY 10019$148,822
-Program, Admin & Fundraising Consult294 WASHINGTON ST STE 500, Boston, MA 02108$126,498
Revenue and Support

Revenue Composition

Contributions and Grants
$4,706,608
Program Service Revenue
$22,285
Investment Income
$4,389
Other Revenue
$0
All Other Contributions
$4,706,608
Change in Net Assets
$-3,409,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,837,297
Other Expenses$2,715,115
Grants and Similar Amounts Paid$2,590,000
Total Fundraising Expense$170,521
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,590,000--$2,590,000
Other Salaries and Wages$2,102,657$124,016$112,940$2,339,613
Advertising$1,377,409$0$0$1,377,409
Fees for Services Other$1,056,233$131,826$1,285$1,189,344
Payroll Taxes$174,519$11,889$11,473$197,881
Other Employee Benefits$137,700$9,381$9,053$156,134
Current Officers, Directors, Trustees, and Key Employees$65,057$23,657$29,572$118,286
Office Expenses$58,601$3,992$3,853$66,446
Pension Plan Contributions$22,386$1,525$1,472$25,383
Fees for Services Accounting$0$25,000$0$25,000
Information Technology$13,593$4,366$0$17,959
Conferences and Meetings$17,090$0$0$17,090
Insurance$3,560$7,052$234$10,846
Travel$6,307$430$415$7,152
Occupancy$3,413$232$224$3,869
Total Functional Expenses$7,628,525$343,366$170,521$8,142,412
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
PushblackWashington, DC501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$1,550,000
Parents Together FoundationWashington, DC501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$300,000
Rock the VoteWashington, DC501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$250,000
Casa De Maryland IncHyattsville, MD501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$70,000
Make the Road New YorkBrooklyn, NY501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$70,000
New Georgia ProjectAtlanta, GA501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$70,000
One PennsylvaniaPittsburgh, PA501(c)(4)TO SUPPORT ORGANIZATION'S MISSION$70,000
Organize Now IncOrlando, FL501(c)(4)TO SUPPORT ORGANIZATION'S MISSION$70,000
Takeaction Minnesota EducationSt Paul, MN501(c)(4)TO SUPPORT ORGANIZATION'S MISSION$70,000
Tides CenterSan Francisco, CA501(c)(3)TO SUPPORT ORGANIZATION'S MISSION$70,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$189,139
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 draft 990 is sent to all Board members prior to the return being finalized.

Form 990, Part VI, Section B, Line 12C

To monitor and enforce compliance with the conflict of interest policy, the organization requires all officers, directors, and individuals with substantial influence over the organization to complete an annual statement disclosing to the board any business, contractual, or financial relationships the person has with other corporations. In addition, said persons have an ongoing obligation to disclose to the board any financial interest, direct or indirect, that the person would gain from any particular transaction, contract, or policy under consideration by the organization. The board must assess potential conflicts on a case-by-case basis. Conflicted persons must abstain from the deliberation of the transaction, and corporate records be maintained.

Form 990, Part VI, Section B, Line 15

The Independent Compensation Committee with establish acceptable compensation packages after reviewing at least one of the following: 1) Information about compensation paid by similarly situated tax-exempt organizations for similar services; 2) Current compensation surveys compiled by independent firms; 3) Actual written offers from similarly situated organizations. The compensation committee maintains contemporaneous written documentation of the decision making process.

Form 990, Part VI, Section C, Line 19

No documents available to the public except for those that were included with the organization's Form 1023/24 application for exempt status, which are made available upon request as indicated in Line 18.

Form 990, Part VII, Section A, Line 1A

Peter murray is paid by accelerate action under a common paymaster arrangement. Part vii reflects the amount of compensation attributable to the filing organization.

Filing and Contact Details

Filer

Filer Name
Accelerate Change Inc
EIN
82-3400062
Phone
6172924805
Address
294 Washington Street Suite 500, Boston, MA 02108

Signing Officer

Name
Peter Murray
Title
Executive Director
Phone
6172924805
Signed
2021-05-15

Organization Details

Principal Officer
Johanna Neumann
Formed
2017
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Program services $1,056,233 mgt&gen $131,826 fundraising $1,285

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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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IRS990/Desc0The Accelerate Change program helps social change organizations build the people power and resources needed to make the lasting institutional changes needed for all communities to thrive. It helps organizations develop innovative ways to engage their members using lean startup methodologies and other strategies focused on solving real problems and enhancing the lives of their constituents. Accelerate Change also helps funders test new models for large scale, financially sustainable citizen organizations by identifying scalable civic venture opportunities, helping grantees test new models for building membership, and building earned revenue strategies into grantmaking.
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05964
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Educating the public, and especially minority and underprivileged members of the public, on a range of public interest issues including economic equality, criminal justice, healthcare, the environment, immigrant integration, child development, poverty, homelessness, and democracy.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt02758920
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01952
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01952
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04078766
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02573920
IRS990/NoncashContributionsAmt00
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IRS990/OccupancyGrp/FundraisingAmt0224
IRS990/OccupancyGrp/ManagementAndGeneralAmt0232
IRS990/OccupancyGrp/ProgramServicesAmt03413
IRS990/OccupancyGrp/TotalAmt03869
IRS990/OfficeExpensesGrp/FundraisingAmt03853
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03992
IRS990/OfficeExpensesGrp/ProgramServicesAmt058601
IRS990/OfficeExpensesGrp/TotalAmt066446
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09053
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09381
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0137700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0156134
IRS990/OtherLiabilitiesGrp/BOYAmt0189139
IRS990/OtherLiabilitiesGrp/EOYAmt0189139
IRS990/OtherRevenueTotalAmt00
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0124016
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02102657
IRS990/OtherSalariesAndWagesGrp/TotalAmt02339613
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt011473
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011889
IRS990/PayrollTaxesGrp/ProgramServicesAmt0174519
IRS990/PayrollTaxesGrp/TotalAmt0197881
IRS990/PensionPlanContributionsGrp/FundraisingAmt01472
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01525
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022386
IRS990/PensionPlanContributionsGrp/TotalAmt025383
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06118
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05395
IRS990/PrincipalOfficerNm0Johanna Neumann
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYGrantsAndSimilarPaidAmt02444292
IRS990/PYInvestmentIncomeAmt021951
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IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-3409130
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/RevenueAmt022285
IRS990/RoyaltiesGrp/FundraisingAmt00
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IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022285
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IRS990ScheduleA/SubstantialContributorsTotAmt0689036
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04706609
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018023125
IRS990ScheduleA/TotalSupportAmt018048212
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0189139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt070000
IRS990ScheduleI/RecipientTable/CashGrantAmt170000
IRS990ScheduleI/RecipientTable/CashGrantAmt270000
IRS990ScheduleI/RecipientTable/CashGrantAmt370000
IRS990ScheduleI/RecipientTable/CashGrantAmt470000
IRS990ScheduleI/RecipientTable/CashGrantAmt570000
IRS990ScheduleI/RecipientTable/CashGrantAmt670000

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