Public Charity

ACCELERATE 500 INC

ACCELERATE 500 INC is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $2.4M revenue, $4.2M expenses, $5.2M total assets. 5 publicly reported grants to this organization, totaling roughly $265K, appear in IRS filings.

EIN: 824059664 WASHINGTON, DC Latest filing: 2024
Total Revenue$2.4M
Total Expenses$4.2M
Total Assets$5.2M
Grant Records5
Funding Total$265K
Filing Years2020–2024

Mission

ACCELERATE 500 INC. IS A BUSINESS DEVELOPMENT PROGRAM DEESIGNED TO BRIDGE THE GAP BETWEEN ENTREPRENEURSHIP AND EQUITY. OUR PROGRAMS SEEK TO ACCELERATE NEW MAJORITY ENTREPENEURS FROM HIGH POTENTIAL TO HIGH GROWTH. OUR VISION IS TO CREATE $100 BILLION OF NEW WEALTH AND ECONOMIC POWER FOR AND BY THE NEW MAJORITY. THE FIRM PROVIDES SEVERAL PROGRAMS DESIGNED TO SUPPORT VARIOUS STAGES IN THE LIFECYCLE TO INCLUDE EARLY-STAGE AND GROWTH-STAGE.

Officers & Directors

DIRECTOR Aerica Banks
VICE CHAIR Graham Mclaughlin
CHAIR Jenn Flynn
DIRECTOR Marissa Mahoney
MANAGING PARTNER Melissa Bradley
DIRECTOR Rustin Brown

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE GRANT
$100,000 2 grants
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$100,000 1 grant
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$55,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.4M $4.2M $5.2M
2023 $3.1M $4.6M $6.4M
2022 $6.6M $4.5M $8.4M
2021 $5.6M $2.8M $4.9M
2020 $2.8M $1.4M $2.5M

Between 2020 and 2024, reported annual revenue declined from $2.8M to $2.4M (-12%), with total assets most recently reported at $5.2M.

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

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