Accelerate Up
- Assets
- $38.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marquette, MI
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 46-2482581
Organization Overview
Accelerate Up is located in Marquette, MI. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accelerate Up is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Accelerate Up generated $90.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $81.7k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BUSINESS COACHING TO SMALL BUSINESSES AND ENTREPRENEURS. SEE SCHEDULE O FOR DESCRIPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jeanne Chapman Treasurer, Trustee | 4 | $0 | |
Stu Bradley Vide President, Trustee | 4 | $0 | |
Meagen Morrison President, Trustee | 4 | $0 | |
Bob Eslinger Secretary, Trustee | 4 | $0 | |
Amy Quinn Trustee | 4 | $0 | |
Nheena Weyer-Ittner Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $77,346 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,320 |
| Total expenses | $81,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,882 |
| Other assets | $0 |
| Total assets | $38,882 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,882 |
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|---|---|---|
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Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Grand Rapids-Kent Cty Convention Center & Vistors Bureau Grand Rapids, MI | $10,130,209 | $9,465,987 |
Elevate Ventures Inc Indianapolis, IN | $13,635,821 | $6,541,390 |
Team Neo Foundation Cleveland, OH | $2,982,756 | $6,381,649 |
Greater Cincinnati Convention & Visitors Bureau Inc Cincinnati, OH | $12,063,911 | $8,787,781 |
Wayne State Univ Research & Techno- Logy Park In The City Of Detroit Detroit, MI | $24,221,060 | $8,978,851 |