Civic Intelligence

Accelerate 500 Inc.

990 • Fiscal year 2021 • EIN 82-4059664

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization Profile1863ventures.net
1100 15th Street NW 4th FloorWashington, DC 20005

(917) 549-6092

Siviq Scores

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

Liabilities / Assets

39th percentile

0.06x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

28th percentile

0.05x

Higher debt load relative to revenue than 28% of similar nonprofits.

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

Net Margin

86th percentile

50%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

95th percentile

95%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

89th percentile

102%

Faster revenue growth than 89% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$4,861,343

Up $2,369,528 (+95%) from 2020

Net Assets

Up

$4,553,412

Up $2,780,131 (+157%) from 2020

Liabilities

Down

$307,931

Down $410,603 (-57%) from 2020

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin86th percentile

Revenue

Up

$5,606,811

Up $2,826,068 (+102%) from 2020

Expenses

Up

$2,826,680

Up $1,472,935 (+109%) from 2020

Net Income

Up

$2,780,131

Up $1,353,133 (+95%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$10M$5.0M$0Assets 2019: $373,987Liabilities 2019: $27,704Net Assets 2019: $346,2832019Assets 2020: $2,491,815Liabilities 2020: $718,534Net Assets 2020: $1,773,2812020Assets 2021: $4,861,343Liabilities 2021: $307,931Net Assets 2021: $4,553,4122021Assets 2021: $4,861,434Liabilities 2021: $307,931Net Assets 2021: $4,553,5032021Assets 2022: $8,379,905Liabilities 2022: $1,772,930Net Assets 2022: $6,606,9752022Assets 2023: $6,429,966Liabilities 2023: $1,150,425Net Assets 2023: $5,279,5412023Assets 2024: $5,228,978Liabilities 2024: $877,028Net Assets 2024: $4,351,9502024

Highlighted filing

2021

Assets$4,861,343
Liabilities$307,931
Net Assets$4,553,412
Open 2021 Filing

Operations Trend

Revenue Growth89th percentile

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

$10M$5.0M$0-$5.0MRevenue 2019: $781,793Expenses 2019: $435,510Net Income 2019: $346,2832019Revenue 2020: $2,780,743Expenses 2020: $1,353,745Net Income 2020: $1,426,9982020Revenue 2021: $5,606,811Expenses 2021: $2,826,680Net Income 2021: $2,780,1312021Revenue 2021: $5,606,902Expenses 2021: $2,826,680Net Income 2021: $2,780,2222021Revenue 2022: $6,555,531Expenses 2022: $4,506,128Net Income 2022: $2,049,4032022Revenue 2023: $3,081,284Expenses 2023: $4,588,079Net Income 2023: -$1,506,7952023Revenue 2024: $2,436,835Expenses 2024: $4,189,334Net Income 2024: -$1,752,4992024

Highlighted filing

2021

Revenue$5,606,811
Expenses$2,826,680
Net Income$2,780,131
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$5,606,811
Mission and Program Overview

Mission

Accelerate 500 Inc. is a business developement program designed to bridge the gap between entrepreneurship and equity. Our programs seek to accelerate new majority entrepeneurs from high potential to high growth. Our vision is to create $100 billion of new wealth and economic power for and by the new majority. The firm provides several programs designed to support various stages in the lifecycle to include early-stage and growth-stage.

A business developement program designed to bridge the gap between entrepreneurship and equity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,665,086$4,344,918▲ $2,679,832
Pledges and Grants Receivable$750,000$403,000▼ $347,000
Prepaid Expenses and Deferred Charges$14,926$16,221▲ $1,295
Receivables From Officers Etc$14,463$1,530▼ $12,933
Total Assets$2,491,815$4,861,343▲ $2,369,528
Other Assets Total$47,340$95,674▲ $48,334
Liabilities
Deferred Revenue-$178,000-
Accounts Payable and Accrued Expenses$208,254$98,651▼ $109,603
Other Liabilities$510,280$31,280▼ $479,000
Total Liabilities$718,534$307,931▼ $410,603
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$75,185$4,553,412▲ $4,478,227
Net Assets With Donor Restrictions$1,698,096$0▼ $1,698,096
Total Net Assets Fund Balance$1,773,281$4,553,412▲ $2,780,131
Total Liabilities and Net Assets / Fund Balance$2,491,815$4,861,343▲ $2,369,528
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Melissa BradleyManaging Partner$220,833$220,833

Board Members and Trustees

NameTitle
Jenn FlynnChair
Graham McLaughlinVice Chair
Aerica BanksDirector
Marissa MahoneyDirector
Rustin BrownDirector
Vonetta YoungDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$5,207,435
Program Service Revenue
$399,000
Investment Income
$0
Other Revenue
$376
All Other Contributions
$5,207,435
Change in Net Assets
$2,780,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,808,823
Grants and Similar Amounts Paid$555,000
Salaries, Compensation, and Employee Benefits$462,857
Total Fundraising Expense$1,734
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$927,908$319,623$300$1,247,831
Grants to Domestic Orgs$540,000--$540,000
Current Officers, Directors, Trustees, and Key Employees$137,160$83,673-$220,833
Occupancy$156,115$52,400-$208,515
Other Salaries and Wages$121,834$74,324-$196,158
Fees for Services Accounting-$80,636-$80,636
Conferences and Meetings$23$44,611$574$45,208
Payroll Taxes$23,125$8,401-$31,526
Travel$4,855$24,781$860$30,496
Advertising$3,270$26,736-$30,006
Office Expenses$5,369$19,017-$24,386
Fees for Services Legal$1,600$15,660-$17,260
Grants to Domestic Individuals$15,000--$15,000
Other Employee Benefits$2,430$11,910-$14,340
Insurance$3,974$1,208-$5,182
Other Expenses$14,314$5,000-$5,000
Total Functional Expenses$2,030,907$794,039$1,734$2,826,680
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sollular Connections LLCLiberty, MOSingle Member LLCHERImpact KC pitch competition$25,000
Kufukaa LLCOlathe, KSLLCHERImpact KC pitch competition$12,500
Crib Coaching LLCRiverside, MOLLCHERImpact KC pitch competition$7,500
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
Receivables from Officers, Directors, Trustees, and Key Employees$14,463$1,530▼ $12,933
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant refund$31,280
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
No
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 A, line 2

“Rustin Brown and Vonetta Young are married.”

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

“The Federal Form 990 is prepared by an independent accounting firm and is reviewed by the Board of Directors prior to filing with the Internal Revenue Service.”

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

“The Organization has a written conflict of interest policy and regularly monitors and enforces compliance with the policy as it pertains to Board Directors and Officers.”

Form 990, Part VI, Section B, line 15A

“Compensation of the Organization's Managing Partner is determined based on regional and national peer reviews using comparability data and then is proposed to the Board of Directors for approval.”

Form 990, Part VI, Section C, line 19

“The Federal Form 990, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Accelerate 500 Inc
EIN
82-4059664
Phone
9175496092
Address
1100 15th Street NW 4th Floor, Washington, DC 20005
Doing Business As
1863 Ventures

Signing Officer

Name
Melissa Bradley
Title
Managing Partner
Phone
9175496092
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Bradley
Formed
2017
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
10

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Hemali Kane EA
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consultants, other professional fees, payroll services, etc: Program service expenses 927,908. Management and general expenses 319,623. Fundraising expenses 300. Total expenses 1,247,831.”

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IRS990/Desc01. Beyond 5 - The Beyond 5 campaign is designed to promote and support new majority businesses to increase the likelihood of business success beyond the typical failure rate of 5 years. The campaign is comprised of three strategies:I. National Social Media CampaignIn an effort to change the negative narrative around founders of color, we have initiated a social media campaign to promote new majority founders who have made it beyond 5. Our goal is to leverage our social media, and that of our partners, to promote the success stories of new majority entrepreneurs who have been running businesses beyond 5 years. We welcome any self-nominations or recommendations for entrepreneurs to promote in the campaign; email us at [email protected]. Survivability Research ReportThere is a dearth of primary research and in-depth analysis on what it takes a business to survive beyond 5 years. Our report will collect data from over 1,000 candidates and seek to provide insight on key inputs for surviving beyond 5 years. We will provide case studies, as well as outline areas of opportunity for ecosystem builders, policy makers, investors, and the like to help advance these businesses beyond the "Valleys of Death."2. Pipeline Program - The pipeline program was created to equip founders with the processes, mindsets and guidance to address these challenges and rapidly accelerate towards scale. The aim of the pipeline program is to work with business leaders to identify business goals and then develop an actionable plan to not only to help them achieve their goals, but to help their business become sustainable. By helping entrepreneurs build better businesses, pipeline enables companies to attract the talent, capital and connections needed for last growth and development. The pipeline program is focused on helping entrepreneurs grow a successful business. The program's focus is beyond learning how to pitch and present. Instead, time is intentionally spent on supporting businesses on a path to maturity. Entrepreneurs completing the program will have a more investment-ready business and truly understand why and how to deploy future financings.3. Herimpact - Herimpact is designed to help female social entrepreneurs scale their enterprises in order to increase their impact and long-term sustainability. The program was initiated in the fall of 2018. The initiative is comprised of an entrepreneurship summit, which is designed to build community and increase the capacity of female social entrepreneurs through advice from experts, online tools and networking. The initiative also includes a pitch competition, designed to invest in early and growth stage companies in the region.
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IRS990/MissionDesc0Accelerate 500 Inc. is a business developement program designed to bridge the gap between entrepreneurship and equity. Our programs seek to accelerate new majority entrepeneurs from high potential to high growth. Our vision is to create $100 billion of new wealth and economic power for and by the new majority. The firm provides several programs designed to support various stages in the lifecycle to include early-stage and growth-stage.
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0399000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0399000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02357356
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0171630
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0856473
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0423387
IRS990/PYRevenuesLessExpensesAmt01426998
IRS990/PYSalariesCompEmpBnftPaidAmt0325642
IRS990/PYTotalExpensesAmt01353745
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02780743
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt014463
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt01530
IRS990/ReconcilationRevenueExpnssAmt02780131
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0399000
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05207435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02357356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0652718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08217509
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0951462
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0376
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0376
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt08217509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05207435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02357356
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0652718
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08217509
IRS990ScheduleA/TotalSupportAmt08217885
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/OtherLiabilitiesOrgGrp/Amt031280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Grant refund
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt031280
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt03R Grant
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/RecipientTable/CashGrantAmt012500
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt27500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0LLC
IRS990ScheduleI/RecipientTable/IRCSectionDesc1Single Member LLC
IRS990ScheduleI/RecipientTable/IRCSectionDesc2LLC
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0HERImpact KC pitch competition
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1HERImpact KC pitch competition
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HERImpact KC pitch competition
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Kufukaa LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Sollular Connections LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Crib Coaching LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0871794340
IRS990ScheduleI/RecipientTable/RecipientEIN1832069374
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt016531 S Schweiger Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1108 Nashua Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt24745 NW Flintridge Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Olathe
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Liberty
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Riverside
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd066062
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd164068
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd264150
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt03
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0220833
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/PersonNm0Melissa Bradley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Managing Partner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0220833
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01530
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Travel advance
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt014463
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Melissa Bradley
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Managing Partner
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt01530
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Rustin Brown and Vonetta Young are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Federal Form 990 is prepared by an independent accounting firm and is reviewed by the Board of Directors prior to filing with the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization has a written conflict of interest policy and regularly monitors and enforces compliance with the policy as it pertains to Board Directors and Officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of the Organization's Managing Partner is determined based on regional and national peer reviews using comparability data and then is proposed to the Board of Directors for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Federal Form 990, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Consultants, other professional fees, payroll services, etc: Program service expenses 927,908. Management and general expenses 319,623. Fundraising expenses 300. Total expenses 1,247,831.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02491815
IRS990/TotalAssetsEOYAmt04861343
IRS990/TotalAssetsGrp/BOYAmt02491815
IRS990/TotalAssetsGrp/EOYAmt04861343
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt05207435
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01734
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0794039
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02030907
IRS990/TotalFunctionalExpensesGrp/TotalAmt02826680

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Filings

Displayed year

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

Open filing
Assets
$4,861,343
Liabilities
$307,931
Net assets
$4,553,412
Revenue
$5,606,811
Expenses
$2,826,680
Net income
$2,780,131
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.23$0.88$4.35$2.44$4.19$1.75
2023Detailed filing. Detailed filing data is available for this year.$6.43$1.15$5.28$3.08$4.59$1.51
2022Detailed filing. Detailed filing data is available for this year.$8.38$1.77$6.61$6.56$4.51$2.05
2021Detailed filing. Detailed filing data is available for this year.$4.86$0.31$4.55$5.61$2.83$2.78
2021Detailed filing. Detailed filing data is available for this year.$4.86$0.31$4.55$5.61$2.83$2.78
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.72$1.77$2.78$1.35$1.43
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.03$0.35$0.78$0.44$0.35