501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $7K a year · 17% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
49 mo
of spending, in cash
Looks good: 48.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$41K
-28% vs prior year
Spent
$29K
Net assets
$120K
By yearFY2020–FY2025
Revenue
$41K
FY2024▼ -28%
Tap a bar for its year
Revenue by fiscal year
FY2020$37K
FY2021$33K
FY2022$51K
FY2023$57K
FY2024$41K
FY2025$33K
Expenses
$29K
FY2024▼ -48%
Tap a bar for its year
Expenses by fiscal year
FY2020$56K
FY2021$41K
FY2022$51K
FY2023$57K
FY2024$29K
FY2025$63K
Net assets
$120K
FY2024▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$115K
FY2021$107K
FY2022$108K
FY2023$108K
FY2024$120K
FY2025$90K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $29K Operating & administrative 0% · $63

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Accel Foundation executive salaries →

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Programs and updates

A private foundation based in Waverly, IA.

Questions for The Accel Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 27 grants · $63K · 2025–2025
Sleep in Heavenly Peace - Linn CoFY2025$10,000
Sleep in Heavenly Peace - Dsm ChapterFY2025$10,000
Friends of the FamilyFY2025$10,000
Individual RecipientFY2025$5,000
Wartburg CollegeFY2025$5,000
Lutheran Services in IowaFY2025$5,000
Northeast Iowa Food BankFY2025$2,500
Cedar Rapids Community School FoundationFY2025$2,500
Waypoint ServicesFY2025$1,667
Zach Johnson FoundationFY2025$1,500
Individual RecipientFY2025$1,500
Northeast Iowa Food BankFY2025$1,064
HacapFY2025$1,063
Food Bank of IowaFY2025$1,063
Iowa Donor NetworkFY2025$1,000
Foundation 2FY2025$1,000
Fellowship of Christian AthletesFY2025$1,000
Forever Strong Children's FoundationFY2025$350
See all 27 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$1K
Largest grantPart XV$10K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$41K
Gifts and grants$36K
Investment income$5K
Money out
$29K
Grants paid$29K
Running costs$63
Owns and owes
$120K
net assets
Cash and savings$120K
Total assets$120K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$36K
Investment income$5K
Total revenue$41K
Assets in detailEnd of year
Cash and savings together$120K
Total assets$120K
Liabilities$0
Net assets$120K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $33K$63K−$30K$90K 990 PDF
FY2024 Viewing $41K$29K$12K$120K 990 PDF
FY2023 $57K$57K$430$108K 990 PDF
FY2022 $51K$51K$148$108K 990 PDF
FY2021 $33K$41K−$7K$107K 990 PDF
FY2020 $37K$56K−$18K$115K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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