Accelerate Action INC FY2023 filing

Not tax-deductible

Boston, MA501(c)(4)Since 2017Human Services EIN 82-3399959Revenue $8.3M in FY2023

On file with the IRSaccelerateaction.org294 Washington St Ste 500, 02108-4612 · Boston, MATax-exempt since Jul 2018

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To develop and test new models for citizen organizing, particularly in communities of color, that are scalable, financially self-sustaining, and build deep, trusted relationships that can move people to take Action.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
90¢ of each $1 spent went to programs.
$645K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
4 of 5
filings with a surplus
Average surplus $2.6M a year · 26% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$645K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
52 mo
of spending, in cash
Looks good: 52.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $10.6M
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$596K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.3M
+188% vs prior year
Spent
$2.8M
To programs
90%
Net assets
$13.3M
By yearFY2021–FY2025
Revenue
$8.3M
FY2023▲ +188%
Tap a bar for its year
Revenue by fiscal year
FY2021$7.1M
FY2022$2.9M
FY2023$8.3M
FY2024$12.2M
FY2025$21.0M
Expenses
$2.8M
FY2023▼ -47%
Tap a bar for its year
Expenses by fiscal year
FY2021$4.8M
FY2022$5.3M
FY2023$2.8M
FY2024$7.8M
FY2025$17.5M
Net assets
$13.3M
FY2023▲ +69%
Tap a bar for its year
Net assets by fiscal year
FY2021$10.3M
FY2022$7.9M
FY2023$13.3M
FY2024$17.6M
FY2025$22.8M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Jul 2018.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $2.6M Management & general 7% · $203K Fundraising 2% · $71K

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

10 people listed on the 990; $645K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President (see Sched O on Compensation)
$151,567Pt VII · Sec A
Exec Director (see Sched O on Comp)
$139,463Pt VII · Sec A
Chief Program Officer (see Sched O on Comp)
$134,362Pt VII · Sec A
VP of Media Investments (see Sched O on Comp)
$115,555Pt VII · Sec A
VP of Innovation (see Sched O on Comp)
$103,577Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Peter Murray’s $217K as President is at the 52nd percentile of top reported officer pay among 3122 $10–100M human services 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

NameFY2025FY2024FY2023FY2022FY2021
Peter Murray$216,935$171,673$151,567$143,036$148,537
Catherine Schuler$210,444————
Lea Madry$198,960$159,533$139,463——
Kimberly Hohman$183,004$155,655$134,362——
Jennifer Johnson$156,964$133,404———
Ha NA Park$146,790————
Luis Rivas—$146,365———
Patty Busby$144,840————

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.

See Accelerate Action INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates the public, especially minorities, on economic equality, justice, health, environment, and more.

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Provided by the organization

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1 program · $2.6M · in their own filed words · FY2022
01

The Accelerate Action program helps social change organizations build the people power and resources needed to make the lasting, institutional changes needed for all communities to thrive. It helps organizations develop innovative ways to engage their members using lean startup methodologies and other strategies focused on solving real…

$2.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 10 funders →
Grants paid · 17 grants · $12.0M · 2020–2024
Nowthis Media Group LLCFY2024$1,600,000
Focus for Democracy ActionDC · FY2024$1,550,000
Parentstogether ActionDC · FY2024$1,400,000
Environmental Action INCCO · FY2024$490,000
Get Vocal PbcFY2024$400,000
Working America ActionDC · FY2024$247,833
Galvanize ActionDC · FY2024$82,150
Project Pulso Action INCFL · FY2024$50,000
Parentstogether FoundationDC · FY2023$2,200,000
Project Pulso INCFY2023$792,226
Nowthis Media Group LLCFY2023$100,000
Gen-Z for Change INCDC · FY2023$50,000
Gen-Z for Change INCDC · FY2022$150,000
Parentstogether ActionDC · FY2021$2,440,000
Gen-Z for Change INCDC · FY2021$300,000
Florida Rising INCFL · FY2020$70,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.3M
Ln 12
Gifts and grantsLn 1h$6.6M
Fees for servicesLn 2g$1.2M
Other incomeLn 4–11$409K
Money outPt IX
$2.8M
Ln 25
Programscol B$2.6M
Managementcol C$203K
Fundraisingcol D$71K
Owns and owesPt X
$13.3M
net assets · Ln 32
Cash and savingsLn 1–2$12.4M
Total assetsLn 16$13.9M
LiabilitiesLn 26$596K
PeoplePt VI, VII
10
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.6M
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$1.2M
Investment incomeLn 3$77K
Other incomeLn 4–11$409K
Total revenueLn 12$8.3M
Assets in detailPt X, end of year
CashLn 1$122K
SavingsLn 2$12.3M
Cash and savings togetherLn 1–2$12.4M
InvestmentsLn 11–13$300K
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$13.9M
LiabilitiesLn 26$596K
Net assetsLn 32$13.3M
OperationsPt I, VI
EmployeesI 5114
VolunteersI 63
Fiscal year endsHeaderJune
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 FY23End FY23
Cash and savingsLn 1–2$7.4M$12.4M
InvestmentsLn 11–13$300K
Land, buildings, equipmentLn 10c$3K$4K
Total assetsLn 16$9.4M$13.9M
LiabilitiesLn 26$1.5M$596K
Net assetsLn 32$7.9M$13.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$150K$150K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$35K$19K$7K$9K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$552K$422K$84K$45K
Pension plan contributionsLn 8$6K$4K$903$528
Other employee benefitsLn 9$38K$29K$6K$3K
Payroll taxesLn 10$47K$35K$7K$4K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$33K$0$33K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$1.4M$1.4M$30K$85
Advertising and promotionLn 12$91K$91K$0$0
Office expensesLn 13$21K$16K$3K$2K
Information technologyLn 14$378K$371K$7K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$66K$50K$10K$6K
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$319$319$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$2K$1K$299$175
InsuranceLn 23$18K$5K$13K$593
Total functional expensesLn 25$2.8M$2.6M$203K$71K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $21.0M$17.5M$3.6M$22.8M 990 PDF
FY2024 $12.2M$7.8M$4.4M$17.6M 990 PDF
FY2023 Viewing $8.3M$2.8M$5.5M$13.3M 990 PDF
FY2022 $2.9M$5.3M−$2.4M$7.9M 990 PDF
FY2021 $7.1M$4.8M$2.2M$10.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $8,289,845 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,554,308$6,593,090
I-9 Program service revenuePrior year $1,011,895$1,211,132
I-10 Investment incomePrior year $245$76,570
I-11 Other revenuePrior year $311,404$409,053
I-12 Total revenuePrior year $2,877,852$8,289,845
I-13 Grants and similar amounts paidPrior year $2,840,000$150,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $448,712$677,755
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,024,718$2,007,230
I-18 Total expensesPrior year $5,313,430$2,834,985
I-19 Revenue less expensesPrior year −$2,435,578$5,454,860
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
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 $8,289,845 across 12 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$6,593,090
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$6,593,090
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,211,132 · Unrelated business $0 · Excluded from tax $0$1,211,132
VIII-3 Investment incomeRelated to mission $76,570 · Unrelated business $0 · Excluded from tax $0$76,570
VIII-5 RoyaltiesRelated to mission $409,053 · Unrelated business $0 · Excluded from tax $0$409,053
VIII-12 Total revenueRelated to mission $1,696,755 · Unrelated business $0 · Excluded from tax $0$8,289,845
Part IX · Statement of functional expenses $2,834,985 across 29 lines filed
IX-1 Grants to domestic organizationsPrograms $150,000$150,000
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $19,339 · Management $7,032 · Fundraising $8,790$35,161
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $422,366 · Management $84,439 · Fundraising $44,711$551,516
IX-8 Pension plan contributionsPrograms $4,359 · Management $903 · Fundraising $528$5,790
IX-9 Other employee benefitsPrograms $28,724 · Management $5,948 · Fundraising $3,480$38,152
IX-10 Payroll taxesPrograms $35,488 · Management $7,349 · Fundraising $4,299$47,136
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $33,000 · Fundraising $0$33,000
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $1,367,516 · Management $30,210 · Fundraising $85$1,397,811
IX-12 Advertising and promotionPrograms $90,768 · Management $0 · Fundraising $0$90,768
IX-13 Office expensesPrograms $15,920 · Management $3,297 · Fundraising $1,928$21,145
IX-14 Information technologyPrograms $370,637 · Management $7,083 · Fundraising $0$377,720
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $50,013 · Management $10,376 · Fundraising $6,069$66,458
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $319 · Management $0 · Fundraising $0$319
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $1,446 · Management $299 · Fundraising $175$1,920
IX-23 InsurancePrograms $4,897 · Management $12,599 · Fundraising $593$18,089
IX-25 Total functional expensesPrograms $2,561,792 · Management $202,535 · Fundraising $70,658$2,834,985
Part X · Balance sheet $13,942,264 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $7,108,749$121,857
X-2 Savings and temporary cash investmentsStart of year $267,410$12,253,569
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $1,999,903$1,249,136
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $15,087$13,346
X-10c Land, buildings and equipment, netStart of year $2,664$4,356
X-12 Other securities$300,000
X-16 Total assetsStart of year $9,393,813$13,942,264
X-17 Accounts payable and accrued expensesStart of year $1,502,726$596,317
X-26 Total liabilitiesStart of year $1,502,726$596,317
X-27 Net assets without donor restrictionsStart of year $7,891,087$13,345,947
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $7,891,087$13,345,947
X-33 Total liabilities and net assetsStart of year $9,393,813$13,942,264
Part XI · Reconciliation of net assets $13,345,947 net assets at year end
XI-1 Total revenue$8,289,845
XI-2 Total expenses$2,834,985
XI-3 Revenue less expenses$5,454,860
XI-4 Net assets at start of year$7,891,087
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$13,345,947

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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