Logo for "THE ACCELERATION PROJECT INC"

THE ACCELERATION PROJECT INC

THE ACCELERATION PROJECT INC

Scarsdale, NY, US
501(c)3
EIN
46-0762002
Logo for "THE ACCELERATION PROJECT INC"

THE ACCELERATION PROJECT INC

Scarsdale, NY, US
501(c)3
EIN
46-0762002

Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Acceleration Project Inc is a nonprofit organization dedicated to unlocking pathways to wealth creation and economic mobility by empowering under-resourced small businesses. With an operating budget of $2.2 million and total revenue of $2.6 million for the filing year 2024, the organization provides high-impact, customized support in strategy, operations, finance, and marketing. The Acceleration Project does not rely on a single funder for 50% or more of its revenue and can be found online at www.theaccelerationproject.org.

Mission Statement

TO SUPPORT THE VITALITY OF LOCAL ECONOMIES BY PROVIDING STRATEGIC AND TACTICAL ADVICE TO ACCELERATE SMALL BUSINESS GROWTH WITH A FOCUS ON BUSINESSES OWNED BY WOMEN AND PEOPLE OF COLOR; AND TO EMPOWER PROFESSIONAL WOMEN TO MAKE A MEANINGFUL IMPACT IN THE COMMUNITY WHILE ADVANCING THEIR SKILLS.
Revenues

$2.6M

Expenses

$2.2M

Net Income:
+$490.9K
Assets

$3.5M

Liabilities

$245.7K

Net Assets:
+$3.2M
Operating Budget

$2.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

20

Median grant size
$17.5K
Largest grant received
$250K
J
Jane Veron
Board Member
A
Andrew Feldstein
Board Member
M
Marina Lutova Meyers
Board Member

Frequently Asked Questions

What is THE ACCELERATION PROJECT INC’s budget?
In 2024, THE ACCELERATION PROJECT INC reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does THE ACCELERATION PROJECT INC support?
THE ACCELERATION PROJECT INC supports work in Business and industry.
Where does THE ACCELERATION PROJECT INC operate?
THE ACCELERATION PROJECT INC is headquartered in Scarsdale, NY.
Who funded THE ACCELERATION PROJECT INC recently?
In 2025, THE ACCELERATION PROJECT INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, THE GOLDSTONE FUND INC, and THE ELLEN AND ANDREW G CELLI FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE ACCELERATION PROJECT INC received in 2024?
The largest grant to THE ACCELERATION PROJECT INC in 2024 exceeds $250 thousand.
What is THE ACCELERATION PROJECT INC’s reliance on government grants?
THE ACCELERATION PROJECT INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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