Public Charity

757 ACCELERATE INC

Based in NORFOLK, VA, 757 ACCELERATE INC operates as a Public Charity. The organization reported $1.2M in revenue, $1.7M in expenses, $508K in total assets for fiscal year 2024. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $257K.

EIN: 823232312 NORFOLK, VA Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.7M
Total Assets$508K
Grant Records5
Funding Total$257K
Filing Years2020–2024

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.

Officers & Directors

BOARD MEMBER Angela Reddix
BOARD MEMBER Blake Luse
SECRETARY Charles Corprew
BOARD MEMBER Crissie Hall
BOARD MEMBER Dalip Kapoor
BOARD MEMBER Dave Levin

Officer compensation and complete director data available with membership.

Top Grant Purposes

RESEARCH
$200,000 2 grants
For grant recipient's exempt purposes
$25,000 1 grant
GENERAL SUPPORT
$16,667 1 grant
SEE PART IV
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.7M $508K
2023 $1.6M $1.4M $976K
2022 $1.6M $1.3M $821K
2021 $962K $847K $616K
2020 $461K $379K $412K

Between 2020 and 2024, reported annual revenue grew from $461K to $1.2M (+169%), with total assets most recently reported at $508K.

Interactive year-over-year charts and full filing details available with membership.

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