The Acceleration Project INC

Tax-deductible

Scarsdale, NY501(c)(3)Since 2012Community DevelopmentEIN 46-0762002Revenue $2.7M in FY2025

On file with the IRStheaccelerationproject.orgPo Box 335, 10583-0335 · Scarsdale, NYTax-exempt since Jan 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To unlock pathways to wealth creation and economic mobility by accelerating under-resourced small businesses through high impact, customized support in strategy, operations, finance and marketing.

501(c)(3) charity; gifts are tax-deductible.
61¢ of each $1 spent went to programs.
Run by 225 volunteers and 28 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: 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
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $481K a year · 25% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$504K
to officers and key staff · 20% of spending
Top officer’s pay lower than 78% of similar orgs
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
22
named funders · $803K
Looks good: 22 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$428K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
+3% vs prior year
Spent
$2.5M
To programs
61%
Net assets
$3.4M
By yearFY2020–FY2025
Revenue
$2.7M
FY2025▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$870K
FY2021$1.2M
FY2022$2.1M
FY2023$2.2M
FY2024$2.6M
FY2025$2.7M
Expenses
$2.5M
FY2025▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$528K
FY2021$798K
FY2022$1.2M
FY2023$1.7M
FY2024$2.2M
FY2025$2.5M
Net assets
$3.4M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$852K
FY2021$1.3M
FY2022$2.2M
FY2023$2.7M
FY2024$3.2M
FY2025$3.4M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2014.

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

Where the money goes

61 cents of each dollar spent went to programs.

Program services 61% · $1.5M Management & general 18% · $450K Fundraising 21% · $517K

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

19 people listed on the 990; $504K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/Ce
$104,287Pt VII · Sec A
Chief Develo
$87,500Pt VII · Sec A
Chief Growth
$87,057Pt VII · Sec A
Chief Operat
$81,368Pt VII · Sec A
Chief Revenu
$76,489Pt VII · Sec A
Chief Prog.
$67,512Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Chair of Boa
$0Pt VII · Sec A

Jane Veron’s $104K as President/Ce is at the 22nd percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tracy Jaffe$87,057$96,412$104,742$93,474$84,947$64,756
Jane Veron$104,287$101,624$84,698$78,902$88,000$83,880
Natalia Alarcon$87,500$90,833————
Claudia Uribe$67,512$89,385$74,520$65,600——
Devon Briger$81,368$83,410$74,520———
Nancy Rosenberg————$83,241$63,443
Katherine Knudsen$76,489—————
Nancy Rosenberguntil 71222———$40,454——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Accelerates small business growth and empowers professional women to make a community impact.

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Provided by the organization

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2 programs · $1.5M · in their own filed words · FY2025
01

Scalable small business coaching tap's scalable programming delivers targeted expertise across the small business ecosystem to broad audiences through varying formats - webinars, workshops, small-group coaching, and one-on-one advisory sessions - all at no cost to small business owners.

$1.3Mprogram expense
02

Strategic & customized advisory services tap's strategic & customized advisory services are designed to address acute small business challenges and fill ecosystem-level technical assistance gaps.

$251Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 22 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$2.4M
Fees for servicesLn 2g$222K
Investment incomeLn 3$151K
Money outPt IX
$2.5M
Ln 25
Programscol B$1.5M
Managementcol C$450K
Fundraisingcol D$517K
Owns and owesPt X
$3.4M
net assets · Ln 32
Cash and savingsLn 1–2$632K
Total assetsLn 16$3.9M
LiabilitiesLn 26$428K
PeoplePt VI, VII
19
listed · VII A
PaidVII A6
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Government grantsLn 1e$286K
Noncash giftsLn 1g$25K
Fundraising eventsLn 1c$644K
Fees for servicesLn 2g$222K
Investment incomeLn 3$151K
Gains on assetsLn 7−$2K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$247K
SavingsLn 2$385K
Cash and savings togetherLn 1–2$632K
InvestmentsLn 11–13$3.2M
Total assetsLn 16$3.9M
LiabilitiesLn 26$428K
Net assetsLn 32$3.4M
OperationsPt I, VI
EmployeesI 528
VolunteersI 6225
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$735K$632K
InvestmentsLn 11–13$2.6M$3.2M
Total assetsLn 16$3.5M$3.9M
LiabilitiesLn 26$246K$428K
Net assetsLn 32$3.2M$3.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$566K$327K$59K$180K
Other salaries and wagesLn 7$1.2M$847K$228K$129K
Other employee benefitsLn 9$43K$32K$3K$8K
Payroll taxesLn 10$125K$83K$20K$22K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$217K$70K$76K$70K
Advertising and promotionLn 12$36K$5K$32K
Office expensesLn 13$14K$2K$12K
Information technologyLn 14$62K$53K$6K$2K
Conferences, conventions and meetingsLn 19$92K$92K
InsuranceLn 23$16K$4K$9K$4K
Other expenses (24a–d)Ln 24$89K$895$29K$59K
Total functional expensesLn 25$2.5M$1.5M$450K$517K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $2.7M$2.5M$247K$3.4M 990 PDF
FY2024 $2.6M$2.2M$491K$3.2M 990 PDF
FY2023 $2.2M$1.7M$483K$2.7M 990 PDF
FY2022 $2.1M$1.2M$886K$2.2M 990 PDF
FY2021 $1.2M$798K$439K$1.3M 990 PDF
FY2020 $870K$528K$341K$852K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $2,727,645 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,656,281$2,355,736
I-9 Program service revenuePrior year $867,178$221,532
I-10 Investment incomePrior year $117,845$150,551
I-11 Other revenuePrior year −$132−$174
I-12 Total revenuePrior year $2,641,172$2,727,645
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,721,258$1,938,212
I-16a Professional fundraising feesPrior year $10,000$0
I-17 Other expensesPrior year $419,029$542,639
I-18 Total expensesPrior year $2,150,287$2,480,851
I-19 Revenue less expensesPrior year $490,885$246,794
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,727,645 across 10 lines filed
VIII-1c Fundraising events$643,787
VIII-1e Government grants$285,921
VIII-1f All other contributions, gifts and grants$1,426,028
VIII-1g Noncash contributions (included above)$24,725
VIII-1h Total contributions, gifts and grants$2,355,736
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $221,532$221,532
VIII-3 Investment incomeExcluded from tax $152,215$152,215
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,664−$1,664
VIII-8 Net income from fundraising events−$174
VIII-12 Total revenueRelated to mission $221,532 · Excluded from tax $150,551$2,727,645
Part IX · Statement of functional expenses $2,480,851 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $327,094 · Management $59,432 · Fundraising $179,721$566,247
IX-7 Other salaries and wagesPrograms $847,096 · Management $228,376 · Fundraising $128,804$1,204,276
IX-9 Other employee benefitsPrograms $32,389 · Management $2,840 · Fundraising $7,743$42,972
IX-10 Payroll taxesPrograms $82,645 · Management $20,148 · Fundraising $21,924$124,717
IX-11c Accounting feesManagement $17,617$17,617
IX-11g Other fees for servicesPrograms $70,204 · Management $76,293 · Fundraising $70,205$216,702
IX-12 Advertising and promotionPrograms $4,668 · Fundraising $31,567$36,235
IX-13 Office expensesManagement $1,815 · Fundraising $11,878$13,693
IX-14 Information technologyPrograms $53,301 · Management $5,739 · Fundraising $2,470$61,510
IX-19 Conferences, conventions and meetingsPrograms $92,016$92,016
IX-23 InsurancePrograms $3,521 · Management $8,692 · Fundraising $3,784$15,997
IX-24 Other expenses (24a–d)Programs $895 · Management $29,333 · Fundraising $58,641$88,869
IX-25 Total functional expensesPrograms $1,513,829 · Management $450,285 · Fundraising $516,737$2,480,851
Part X · Balance sheet $3,871,650 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $419,329$246,645
X-2 Savings and temporary cash investmentsStart of year $315,491$385,457
X-4 Accounts receivableStart of year $133,400$16,500
X-9 Prepaid expenses and deferred chargesStart of year $28,448$64,460
X-11 Publicly traded securitiesStart of year $2,557,312$3,158,588
X-16 Total assetsStart of year $3,453,980$3,871,650
X-17 Accounts payable and accrued expensesStart of year $44,418$64,582
X-19 Deferred revenueStart of year $201,250$362,998
X-26 Total liabilitiesStart of year $245,668$427,580
X-27 Net assets without donor restrictionsStart of year $3,133,312$3,400,070
X-28 Net assets with donor restrictionsStart of year $75,000$44,000
X-32 Total net assets or fund balancesStart of year $3,208,312$3,444,070
X-33 Total liabilities and net assetsStart of year $3,453,980$3,871,650
Part XI · Reconciliation of net assets $3,444,070 net assets at year end
XI-1 Total revenue$2,727,645
XI-2 Total expenses$2,480,851
XI-3 Revenue less expenses$246,794
XI-4 Net assets at start of year$3,208,312
XI-5 Net unrealized gains (losses) on investments−$11,036
XI-10 Net assets at end of year$3,444,070

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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