Accelerate Group Inc is located in Peoria, AZ. The organization was established in 2016. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Accelerate Group Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accelerate Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Accelerate Group Inc generated $653.3k 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 $614.1k during the year ending 12/2022. While expenses have increased by 14.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACCELERATE GROUP WORKS WITH PASTOR AND SPOUSE COUPLES TO HELP ENABLE THEM TO ACHIEVE LONG-TERM MINISTRY SUCCESS. ACCELERATE GROUP ALSO WORKS WITH CHURCH BOARDS AND STAFFS TO IMPROVE ROLES, RESPONSIBILITIES, AND GOVERNANCE PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. HOSTED OVER 16 PASTOR COUPLES ON A HOLY LAND TOUR THAT BROUGHT THE BIBLE TO LIFE.2. CONDUCTED TWO RETREATS THAT HOSTED 28 PASTOR COUPLES FROM ALL OVER THE US TO STRENGTHEN THEIR MARRIAGE AND MINISTRY.3. HELD A LEADERSHIP EVENT FOR 24 SENIOR PASTS EQUIPPING THEM FOR THE NEXT SEASON OF CHURCH OVERSIGHT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jesse M Nave Secretary/treas | OfficerTrustee | 40 | $69,400 |
Don Wilson President | OfficerTrustee | 40 | $17,024 |
Paul Wilson Vice President | OfficerTrustee | 2 | $0 |
Gary Scheer Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $446,443 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $446,443 |
Total Program Service Revenue | $138,298 |
Investment income | $68,601 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $653,342 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $189,451 |
Compensation of current officers, directors, key employees. | $18,945 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $42,016 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $45,617 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,024 |
Advertising and promotion | $60,880 |
Office expenses | $39,093 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $49,774 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,596 |
All other expenses | $6,215 |
Total functional expenses | $614,105 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $208,017 |
Savings and temporary cash investments | $1,549,605 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,863 |
Total assets | $1,760,485 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,760,485 |
Total liabilities and net assets/fund balances | $1,760,485 |