The Acceleration Project INC EIN 46-0762002

The Acceleration Project INC FY2020 filing

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Accelerates small business growth and empowers professional women to make a community impact. For fiscal year 2020 it reported $870K in revenue, $528K in expenses, and $852K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Scarsdale, NY
Website
www.theaccelerationproject.org
Filings
5 on file (2020–2020)
Revenue
$870KFY2020
Expenses
$528K
Net assets
$852K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-0762002 Public charity (501(c)(3)) Scarsdale, NY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/1/26 · see original: IRS
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Size
$1–10M
What they do
Accelerates small business growth and empowers professional women to make a community impact.
Leadership
Jane Veron · President/Ce · $84K
Money in and out
$870K revenue, $528K expenses
Bottom line
61% program efficiency
Where the money goes · FY2020
Total revenue
$870K
Pt VIII · Ln 12
Total expenses
$528K
Pt IX · Ln 25
Net assets
$852K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $341K
Where spending went · Part IX cols B–D
Program services $0.61 Management & general $0.15 Fundraising $0.23
Program efficiency
61%
of spending reaches programs
Operating runway
19.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$870K
FY2020
Expenses
$528K
FY2020
Total assets
$862K
FY2020
Total liabilities
$10K
FY2020
Total revenue
$870K
Pt VIII · Ln 12
Total expenses
$528K
Pt IX · Ln 25
Net assets
$852K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$341K
Total assetsPt X · Ln 16$862K
Program-expense ratioPt IX · col B61%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

2 program services account for $323K of program spending, described in the organization's own filed words · FY2020.
01

Tap project tap expertise is utilized to address a common need of the small business ecosystem. Provides opportunity to impact more small business owners at one time; typically requires a longer time commitment and greater number of tap consultants to execute.

$177Kprogram expense
02

Strategic advisory program consultative advisory program during which tap consultants work closely with small business owners to address their unique challenges and guide and mentor them toward future growth. Length of advisory program varies from 1 meeting to 6+ meetings over 12 week period.

$146Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Acceleration Project INC
EINHdr · item D46-0762002
Principal addressHdr · item CScarsdale, NY
WebsiteHdr · item Jwww.theaccelerationproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S40)
Ruling yearIRS BMFJan 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Ce
$83,880Pt VII · Sec A
Chief Op Off
$64,756Pt VII · Sec A
Chief Op Off
$63,443Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Jane Veron’s $102K as President/Ce is at the 21st percentile of top reported officer pay among 2834 $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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Tracy Jaffe$96,412$104,742$93,474$84,947$64,756
Jane Veron$101,624$84,698$78,902$88,000$83,880
Natalia Alarcon$90,833
Claudia Uribe$89,385$74,520$65,600
Devon Briger$83,410$74,520
Nancy Rosenberg$83,241$63,443
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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Statement of Revenue

Part VIII
Contributions & grants$694K · 80%
Program service revenue$174K · 20%
Contributions & grants80%$694K
Program service revenue20%$174K
Investment income$2K
— government grantsLn 1e$73K
Total revenueLn 12$870K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.61 Management & general $0.15 Fundraising $0.23
Program services61%$323K
Management & general15%$81K
Fundraising23%$124K
Total functional expensesLn 25$528K

Balance Sheet

Part X · end of year
CashLn 1$844K
Total assetsLn 16$862K
Total liabilitiesLn 26$10K
Total net assetsLn 32$852K
Months of cash on handcomputed19.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $844K · Operating expenses/yr $528K
19.2 months
Where the money goes
Program services
Program services $323K · Total expenses $528K
61%
Management & General
Management & general $81K · Total expenses $528K
15%
Fundraising
Fundraising $124K · Total expenses $528K
23%
Cost to raise $1
Fundraising expense $124K · Solicited contributions $621K
$0.20 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $694K · Total revenue $870K
80%
Government reliance
Government grants $73K · Total revenue $870K
8%
Earned-income share
Program service revenue $174K · Total revenue $870K
20%
Investment reliance
Investment income $2K · Total revenue $870K
+0.2%
Program self-sufficiency
Program service revenue $174K · Total expenses $528K
33%
Growth & trend
Revenue growth (YoY)
This year $870K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $852K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $870K · Expenses $528K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $862K
Net-asset ratio
Net assets $852K · Total assets $862K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $862K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jane Veron · Reported title PRESIDENT/CE · Highest reported compensation $84K · Total expenses $528K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $472K · Total expenses $528K
89%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 61%
Overhead ratio 15%
Fundraising cost ratio 18%
Legal fee ratio 0.1%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

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

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.6M revenue · ⤓ 990 PDF
FY2023$2.2M revenue · ⤓ 990 PDF
FY2022$2.1M revenue · ⤓ 990 PDF
FY2021$1.2M revenue · ⤓ 990 PDF
FY2020$870K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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