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Nonprofiteer
← ACCELERATE CHANGE INC

Form 990 for tax year 2022

Filed by ACCELERATE CHANGE INC.

Totals

Total revenue
$5,562,912
Total expenses
$9,911,446
Contributions and grants received
$5,337,885
Grants paid
$2,588,682
Program service revenue
$52,661
Investment income
$172,366
Other revenue
$0
Total assets, end of year
$7,749,376
Total liabilities, end of year
$1,957,635
Net assets or fund balances, end of year
$5,791,741
Program services expenses (Part IX)
$8,744,440
Management and general expenses
$783,571
Fundraising expenses
$383,435
Program service expenses (Part III)
$8,744,440

Program services were 88.2% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $5,337,885

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PROGRAM SERVICES

    total $52,661 · related or exempt $52,661 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $172,366 · related or exempt $172,366 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,588,682 · program services $2,588,682

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $109,420 · program services $60,181 · management and general $21,884 · fundraising $27,355

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $3,733,897 · program services $3,051,464 · management and general $406,967 · fundraising $275,466

  • 8 · Pension plan contributions

    total $40,047 · program services $32,423 · management and general $4,469 · fundraising $3,155

  • 9 · Other employee benefits

    total $286,670 · program services $232,095 · management and general $31,988 · fundraising $22,587

  • 10 · Payroll taxes

    total $273,315 · program services $221,283 · management and general $30,497 · fundraising $21,535

  • 11c · Fees: accounting

    total $33,000 · management and general $33,000

  • 11g · Fees: other

    total $1,526,869 · program services $1,324,262 · management and general $202,038 · fundraising $569

  • 12 · Advertising and promotion

    total $858,773 · program services $850,916 · management and general $4,605 · fundraising $3,252

  • 13 · Office expenses

    total $85,669 · program services $69,360 · management and general $9,559 · fundraising $6,750

  • 14 · Information technology

    total $79,943 · program services $79,924 · management and general $11 · fundraising $8

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $2,749 · program services $2,225 · management and general $307 · fundraising $217

  • 17 · Travel

    total $284,782 · program services $230,567 · management and general $31,777 · fundraising $22,438

  • 22 · Depreciation, depletion and amortization

    total $1,307 · program services $1,058 · management and general $146 · fundraising $103

  • 23 · Insurance

    total $6,323 · program services $0 · management and general $6,323 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,255,113 · end of year $6,881,030

  • 2 · Savings and temporary cash investments

    beginning of year $2,688,482 · end of year $21,811

  • 3 · Pledges and grants receivable

    beginning of year $500,000 · end of year $60,000

  • 4 · Accounts receivable

    beginning of year $274,568 · end of year $201,663

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,563 · end of year $5,950

  • 10a · Land, buildings and equipment: cost or other basis

    $6,537

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,615

  • 10c · Land, buildings and equipment, net

    beginning of year $5,230 · end of year $3,922

  • 12 · Investments: other securities

    end of year $575,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,588,681 · end of year $1,957,635

  • 27 · Net assets without donor restrictions

    beginning of year $10,140,275 · end of year $5,791,741

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

Educating the public, and especially minority and underprivileged members of the public, on a range of public interest issues including economic equality, criminal justice, healthcare, the environment, immigrant integration, child development, poverty, homelessness, and democracy.

  • The Accelerate Change 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 problems and enhancing the lives of their constituents. Accelerate Change also helps funders test new models for large scale, financially sustainable citizen organizations by identifying scalable civic venture opportunities, helping grantees test new models for building membership, and building earned revenue strategies into grantmaking.

    Expenses $8,744,440 · Grants $2,588,682 · Revenue $52,661

As filed on the 2022 return.

Listed in Part VII

  • Johanna Neumann

    Board Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Marcia Eldridge

    Secretary and Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Jon Darnell

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Dan Xie

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Celeste Meiffren-Swango

    Director

    Total calculated
    $0
    Hours/week
    0.5

  • Peter Murray

    President (see Sched O on compensation)

    Total calculated
    $0
    Hours/week
    23

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.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202431369349312968

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