Skip to content
Nonprofiteer
← ACCEL AI INSTITUTE

Form 990 for tax year 2024

Filed by ACCEL AI INSTITUTE.

Totals

Total revenue
$304,146
Total expenses
$515,696
Contributions and grants received
$300,182
Grants paid
$145,346
Program service revenue
$0
Investment income
$4,103
Other revenue
-$139
Total assets, end of year
$384,683
Total liabilities, end of year
$54,457
Net assets or fund balances, end of year
$330,226
Program services expenses (Part IX)
$452,505
Management and general expenses
$58,949
Fundraising expenses
$4,242
Program service expenses (Part III)
not reported

Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $300,182

  • 3 · Investment income

    total $4,103

  • 10b · Cost of goods sold

    $139

  • 10c · Net income from sales of inventory

    total -$139

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $22,479 · program services $22,479

  • 3 · Grants to foreign organizations and individuals

    total $122,867 · program services $122,867

  • 11c · Fees: accounting

    total $2,604 · management and general $2,604

  • 11g · Fees: other

    total $216,516 · program services $216,516

  • 12 · Advertising and promotion

    total $4,242 · fundraising $4,242

  • 13 · Office expenses

    total $54,793 · program services $18,264 · management and general $36,529

  • 14 · Information technology

    total $6,829 · program services $6,829

  • 17 · Travel

    total $40,884 · program services $40,884

  • 19 · Conferences, conventions and meetings

    total $23,366 · program services $23,366

  • 22 · Depreciation, depletion and amortization

    total $15,086 · management and general $15,086

  • 23 · Insurance

    total $4,608 · management and general $4,608

  • 24a · Other expenses: STATE APPLICATION FEE

    total $122 · management and general $122

  • 24b · Other expenses: MEMBERSHIP DUES-ORGANIZATION

    total $1,300 · program services $1,300

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $397,226 · end of year $174,967

  • 2 · Savings and temporary cash investments

    beginning of year $66,292 · end of year $66,434

  • 4 · Accounts receivable

    beginning of year $10,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,582 · end of year $4,500

  • 12 · Investments: other securities

    beginning of year $42,500 · end of year $42,500

  • 15 · Other assets

    beginning of year $105,489 · end of year $96,282

  • 23 · Secured mortgages and notes payable

    beginning of year $23,150 · end of year $16,927

  • 24 · Unsecured notes and loans payable

    beginning of year $96 · end of year $6,265

  • 25 · Other liabilities

    beginning of year $63,984 · end of year $31,265

  • 27 · Net assets without donor restrictions

    beginning of year $626,089 · end of year $384,683

  • 28 · Net assets with donor restrictions

    beginning of year -$87,230 · end of year -$54,457

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

ACCEL NBSP;AI NBSP;INSTITUTE APOS;S NBSP;MISSION NBSP;TO NBSP;PROVIDE NBSP;EDUCATION NBSP;IN NBSP;AI NBSP;THEORY NBSP;AND NBSP;ENGINEERING NBSP;INTEGRATING NBSP;AI NBSP;AND NBSP;SOCIAL NBSP;IMPACT NBSP;IN NBSP;RESEARCH NBSP;CONSULTING NBSP;AND NBSP;WORKSHOPS NBSP;ON NBSP;ETHICAL NBSP;AI NBSP;DEVELOPMENT NBSP;AND NBSP;APPLIED NBSP;ENGINEERING

Activities or mission (Part I)

ACCEL AI INSTITUTEAPOSS MISSION TO PROVIDE EDUCATION IN AI THEORY AND ENGINEERING. INTEGRATING AI AND SOCIAL IMPACT IN RESEARCH, CONSULTING, AND WORKSHOPS ON ETHICAL AI DEVELOPMENT AND APPLIED ENGINEERING.

  • ACCEL AI INSTITUTES MISSION IS TO PROVIDE EDUCATION IN AI THEORY AND ENGINEERING. INTEGRATING AI AND SOCIAL IMPACT IN RESEARCH CONSULTING AND WORKSHOPS ON ETHICAL AI DEVELOPMENT AND APPLIED ENGINEERING.

As filed on the 2024 return.

Listed in Part VII

  • Laura Montoya

    CEO

    Total calculated
    $0
    Hours/week
    25
  • Tim McMacken Jr

    SECRETARY

    Total calculated
    $0
    Hours/week
    4
  • Joyce Katzman Gonzalez

    CFO

    Total calculated
    $0
    Hours/week
    4
  • Brayan Impata

    1

    Total calculated
    $0
  • Mateo Guaman Castro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Walter Mayor Torro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rosa Yuliana Gabriela Paccotacya Y

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Wiliams De Lima Costa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vladamir Araujo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Diana Galvan Sosa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Javier Turek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pablo Rivas

    DIRECTOR

    Total calculated
    $0
  • Miguel Gonzales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Luciana Benotti

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jaime Acevedo Viloria

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Errol Wilderd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jesus Solano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Danae Sanchez Villegas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nils Murrugarra-Llerena

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rodolfo Valente

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hoover Rueda Chacon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Francisco Lopez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jorge Bacca

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gilberto Ochoa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Duston Carrion

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ivan Reyes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andres Villa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Gonzales

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eduardo Moya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniela Herera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lidia Talavera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ariana Villegas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cisco Zabala

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Miguel Felipe Arevalo Castiblanco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pedro Braga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jose Sosa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ana Maria Quintero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Edwin Puertas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Miguel Gutierrez Vidal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brayan Ortiz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mateo Espinosa Zarlenga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Claudio Miceli De Farias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jose Antonio Cantoral Ceballos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Aina Tersol Montserrat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rogelio Sotero Reyes Galaviz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Luisa Fernanda Roa Ballen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yaro Celis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Omar Orqueda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Guillermo Leon Caguenas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hector Manuel Morales Farjardo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniela Cortez Bermudez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Ramirez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jhon Lopez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniel Otero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Josimar Chire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rafael Mateus Carrion

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cleber Zanchettin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Felipe Leno Da Silva

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lesly Miculicicich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Heitor Rapela Medeiros

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Isabel Metzger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Camilo Ramirez De Los Rios

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Manuel Ignacio Perez Carrasco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Abel Andres Reyes - Angulo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karla Caballero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Albert Manuel Orozco Camacho

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ignacio Gabriel Bugueno-Cordova

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception
  • 9 · Followed the rebuttable-presumption procedure

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 October 2024
IRS schema version
2024v5.2
Source object
202532989349300313

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.