THE ACCELERATION PROJECT INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

JANE VERON

Phone

9142220354

Tax Period

2024-01-01 to 2024-12-31

THE ACCELERATION PROJECT INC, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $491K, a strong 19% operating margin.

Mission

TO UNLOCK PATHWAYS TO WEALTH CREATION AND ECONOMIC MOBILITY BY EMPOWERING UNDER-RESOURCED SMALL BUSINESSES AND ACCELERATING THEIR GROWTH THROUGH HIGH IMPACT, CUSTOMIZED SUPPORT IN STRATEGY, OPERATIONS, FINANCE AND MARKETING.

Program Service Accomplishments

Program 1

Expenses: $1,080,582 Revenue: $779,368

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.

Program 2

Expenses: $235,375 Revenue: $87,810

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...

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. WE DEVELOP AND DELIVER CUSTOMIZED TOOLS AND TIME-BOUND ACTION PLANS WITH GOALS, STRATEGIES, AND TACTICS TO IMPLEMENT. WHERE APPROPRIATE, WE LEVERAGE THE ENTIRE TAP TEAM TO ADDRESS SPECIFIC CLIENT NEEDS THROUGH BRAINSTORMING SESSIONS, FOCUS GROUPS, OR PROVISION OF INDUSTRY-SPECIFIC EXPERTISE. FOLLOWING THE COMPLETION OF THE ADVISORY PROGRAM, TAP CONSULTANTS CHECK IN WITH CLIENTS AT PRESCRIBED INTERVALS FOR 12 MONTHS TO ADDRESS QUESTIONS AND MEASURE IMPACT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,656,281

Program Service Revenue $867,178

Investment Income $117,845

Other Revenue $-132

TOTAL REVENUE $2,641,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,721,258

Fundraising Expenses $448,724

Program Expenses $1,315,957

Other Expenses $419,029

TOTAL EXPENSES $2,150,287

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,641,172	$2,221,431	+0.2%
Expenses	$2,150,287	$1,738,744	+0.2%
Net Income	$490,885	$482,687	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

259

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$469,464

Total Directors

$109,424

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANE VERON	PRESIDENT/CE	40.00	Officer Director	$101,624	$7,800	$109,424
TRACY JAFFE	CHIEF GROWTH	32.00	Officer	$96,412	$0	$96,412
NATALIA ALARCON	CHIEF MARKET	32.00	Officer	$90,833	$0	$90,833
CLAUDIA URIBE	CHIEF PROG.	32.00	Officer	$89,385	$0	$89,385
DEVON BRIGER	CHIEF OPERAT	32.00	Officer	$83,410	$0	$83,410
MARCIA BATESONUNTIL 1224	PRES. COUNC	0.50	Officer Director	$0	$0	$0
ERIN ANDREW	BOARD MEMBER	0.50	Director	$0	$0	$0
MAUD BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA DICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
NICOLE FANJUL	BOARD MEMBER	0.50	Director	$0	$0	$0
ANDREW FELDSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE FIELDING	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER D GREENE	CHAIR OF BOA	1.00	Officer Director	$0	$0	$0
JULIE KALISH	BOARD MEMBER	0.50	Director	$0	$0	$0
BARRIE MARKOWITZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARINA LUTOVA MEYERS	TREASURER	0.50	Officer Director	$0	$0	$0
SCOTT RECHLER	BOARD MEMBER	0.15	Director	$0	$0	$0
ALEXIS ROSENBLUM	BOARD MEMBER	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,641,172	$2,150,287	$3,453,980	$490,885
2023	$2,221,431	$1,738,744	$2,868,264	$482,687
2022	$2,068,944	$1,183,377	$2,266,769	$885,567
2021	$1,236,597	$797,751	$1,525,654	$438,846
2020	$869,758	$528,347	$861,656	$341,411
2019	$647,340	$398,097	$521,784	$249,243
2018	$244,235	$196,278	$322,937	$47,957