ACCELERATE 500 INC (EIN 824059664) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

MELISSA BRADLEY

Phone

9175496092

Tax Period

2024-01-01 to 2024-12-31

ACCELERATE 500 INC, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $4.2M exceeded revenue, resulting in a 72% operating deficit.

Mission

A BUSINESS DEVELOPMENT PROGRAM DESIGNED TO BRIDGE THE GAP BETWEEN ENTREPRENEURSHIP AND EQUITY.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,410,586

Program Service Revenue $0

Investment Income $26,249

Other Revenue $0

TOTAL REVENUE $2,436,835

Expense Breakdown

Grants Paid $69,987

Salaries & Benefits $1,184,084

Fundraising Expenses $300,520

Program Expenses $1,342,238

Other Expenses $2,829,169

TOTAL EXPENSES $4,189,334

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,436,835	$3,081,284	-0.2%
Expenses	$4,189,334	$4,588,079	-0.1%
Net Income	$-1,752,499	$-1,506,795	+0.2%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$368,018

Total Directors

$368,018

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA BRADLEY	MANAGING PARTNER	1.00	Officer Director	$368,018	$0	$368,018
JENN FLYNN	CHAIR	1.00	Officer Director	$0	$0	$0
GRAHAM MCLAUGHLIN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
VONETTA YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
RUSTIN BROWN	DIRECTOR	1.00	Director	$0	$0	$0
MARISSA MAHONEY	DIRECTOR	1.00	Director	$0	$0	$0
AERICA BANKS	DIRECTOR	1.00	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	$2,436,835	$4,189,334	$5,228,978	$-1,752,499
2023	$3,081,284	$4,588,079	$6,429,966	$-1,506,795
2022	$6,555,531	$4,506,128	$8,379,905	$2,049,403
2022	$3,813,997	$4,233,440	$7,076,580	$-419,443
2021	$5,606,902	$2,826,680	$4,861,434	$2,780,222
2021	$5,606,811	$2,826,680	$4,861,343	$2,780,131
2020	$2,780,743	$1,353,745	$2,491,815	$1,426,998
2019	$781,793	$435,510	$373,987	$346,283

ACCELERATE 500 INC