757 ACCELERATE INC

EIN 82-3232312 NORFOLK, VA

Browse the largest nonprofits in Virginia

Revenue 2024: $1,238,698
Expenses 2024: $1,663,078

Program services were 53.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection: 03
NTEE code: S30
Classification: 1200
Street: 400 GRANBY ST STE 115

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

757 ACCELERATE IS A NON-PROFIT STARTUP ACCELERATOR AND INCUBATOR PROGRAM. OUR MISSION IS TO PROVIDE STARTUPS WITH THE CUSTOMIZED RESOURCES AND CAPITAL THEY NEED TO GROW. WE BOOST PROMISING STARTUPS TOWARDS CUSTOMER TRACTION AND REVENUE USING THEIR OWN NETWORK OF MENTORS, INVESTORS, SUPPORT SERVICE, WORKING SPACE, AND A LEAN STARTUP EDUCATION. OUR VALUES ARE ENTREPRENEURS-FIRST, GIVE BEFORE YOU GET, AND A LONG-TERM COMMITMENT TO HELPING STARTUPS DO MORE, FASTER.

IN 2024, 757 COLLAB DELIVERED HIGH-IMPACT PROGRAMMING ACROSS ITS CONTINUUM - STARTUP STUDIOS, ACCELERATE, AND ANGELS - POSITIONING HAMPTON ROADS AS A NATIONALLY RECOGNIZED INNOVATION HUB. THE ORGANIZATION DIRECTLY ENGAGED OVER 2,500 ENTREPRENEURS, CREATED 350 NEW JOBS, AND FACILITATED 90 INTERNSHIPS. THROUGH 757 STARTUP STUDIOS, OVER 200 STARTUPS HAVE BEEN INCUBATED SINCE LAUNCH, INCLUDING 24 NEW PRODUCTS LAUNCHED IN THE PAST YEAR ALONE. FOUNDERS LOGGED OVER 7,000 VISITS TO THE SPACE AND PARTICIPATED IN MORE THAN 100 FACILITATED PROGRAMS - WITH 98% OF THEM CALLING HAMPTON ROADS HOME.

Expenses $707,036 · Grants $160,000 · Revenue $331,632
757 ACCELERATE, THE FLAGSHIP INVESTOR-READINESS PROGRAM, HAS NOW SUPPORTED 54 STARTUPS ACROSS EIGHT COHORTS, HELPING RAISE MORE THAN $100 MILLION TO DATE, INCLUDING $20+ MILLION IN 2024. THE PROGRAM CREATED OVER 350 JOBS AND DELIVERED OVER 1,500 HOURS OF MENTORSHIP IN THE PAST YEAR. ADDITIONAL HIGHLIGHTS INCLUDE STRATEGIC INNOVATION PARTNERSHIPS ACROSS CLIMATE, HEALTH, AND DEFENSE TECH SECTORS. THE ORGANIZATION HOSTED 85 INVITE-ONLY INNOVATION EVENTS, FACILITATED OVER 200 MATB STARTUP CONNECTIONS, AND HELPED 28 SMALL BUSINESSES AND TWO UNIVERSITIES PITCH DIRECTLY TO NAVY AND AIR FORCE STAKEHOLDERS.

Expenses $176,759

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Nancy GrdenNANCY GRDEN

CHAIRMAN

Total calculated

$0

Hours/week

0.5
Blake LuseBLAKE LUSE

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Drew UnvgarskyDREW UNVGARSKY

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Angela ReddixANGELA REDDIX

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Rishap MalhotraRISHAP MALHOTRA

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Dave LevinDAVE LEVIN

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Paul NoldePAUL NOLDE

PREDSIDENT

Total calculated

$100,663

From this org

$100,663

From related orgs

$0

Other

$0

Hours/week

40
Willy DonaldsonWILLY DONALDSON

VICE OFFICER

Total calculated

$0

Hours/week

0.5
Tina McRaeTINA MCRAE

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Crissie HallCRISSIE HALL

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Tim RyanTIM RYAN

EXECUTIVE DIRECTOR

Total calculated

$0

Hours/week

0.5
Sarah Jane KirklandSARAH JANE KIRKLAND

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Dalip KapoorDALIP KAPOOR

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Rhonda AlexanderRHONDA ALEXANDER

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Toi HunterTOI HUNTER

BOARD MEMBER

Total calculated

$0

Hours/week

0.5
Jeff ConroyJEFF CONROY

TREASURER

Total calculated

$0

Hours/week

0.5
Charles CorprewCHARLES CORPREW

SECRETARY

Total calculated

$140,400

From this org

$140,400

From related orgs

$0

Other

$0

Hours/week

40

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. Earlier years are each on their own filing page.

Filings

2024

Revenue

$1,238,698

Expenses

$1,663,078

Contributions

$893,613

Grants paid

$160,000
2023

Revenue

$1,566,357

Expenses

$1,379,308

Contributions

$1,566,335

Grants paid

$134,000
2022

Revenue

$1,564,123

Expenses

$1,334,638

Contributions

$1,564,099

Grants paid

$105,000

Tax year	Revenue	Expenses	Contributions	Grants paid
2024	$1,238,698	$1,663,078	$893,613	$160,000
2023	$1,566,357	$1,379,308	$1,566,335	$134,000
2022	$1,564,123	$1,334,638	$1,564,099	$105,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

2021 · 990

Revenue

$961,820

Expenses

$847,498

Assets (EOY)

$615,934
2020 · 990

Revenue

$461,076

Expenses

$378,597

Assets (EOY)

$411,992
2019 · 990

Revenue

$446,536

Expenses

$384,552

Assets (EOY)

$316,179
2018 · 990

Revenue

$657,157

Expenses

$236,688

Assets (EOY)

$447,629

Tax year	Form	Revenue	Expenses	Assets (EOY)
2021	990	$961,820	$847,498	$615,934
2020	990	$461,076	$378,597	$411,992
2019	990	$446,536	$384,552	$316,179
2018	990	$657,157	$236,688	$447,629

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

CONCONNECT

$25,000

2022 ORGANIZATION STARTUP FUNDS
AGRICISION INC

$20,000

2023 ORGANIZATION STARTUP FUNDS
FLYING SHIP COMPANY

$20,000

2023 ORGANIZATION STARTUP FUNDS
CONTRACTOR PLUS

$20,000

2023 ORGANIZATION STARTUP FUNDS
TEAM HANDOFF

$20,000

2023 ORGANIZATION STARTUP FUNDS
MOCKTAIL CLUB

$20,000

2023 ORGANIZATION STARTUP FUNDS
3 RIDGE TECHNOLOGIES

$20,000

2023 ORGANIZATION STARTUP FUNDS
REBLOOD RX INC

$20,000

2024 ORGANIZATION STARTUP FUNDS
NIGHTINGALE CARE SOLUTIONS

$20,000

2024 ORGANIZATION STARTUP FUNDS
WORDS LIIVE

$20,000

2024 ORGANIZATION STARTUP FUNDS

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

VIRGINIA INNOVATION PARTNERSHIP CORPORATION

$100,000

2022 RESEARCH
FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$25,000

2022 For grant recipient's exempt purposes
LOCAL INITIATIVES SUPPORT CORPORATION

$15,000

2023 SEE PART IV

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.