The Acceleration Project INC FY2023 filing
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Accelerates small business growth and empowers professional women to make a community impact. For fiscal year 2023 it reported $2.2M in revenue, $1.7M in expenses, and $2.7M in net assets.Pt I
Summary of the Filing
Where the work happens
Scalable platform through scalable programming, tap is able to provide expertise on specific areas of need within the small business ecosystem to larger audiences. This includes the development and delivery of content in individual sessions. The content can be delivered in large group settings or in one-on-one engagements.
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.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 62% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 26% | — | — |
| Revenue growth | 7% | — | — |
| Accounting fee ratio | 1% | — | — |
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.
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