THE ACCELERATION PROJECT INC: Form 990EZ, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE ACCELERATION PROJECT INC (EIN 46-0762002)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-05
- IRS object ID
- 201702489349200455
- Schema version
- 2016v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-05T15:20:26-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANCHIN BLOCK & ANCHIN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1375 BROADWAY | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100187001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460762002 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ACCELERATION PROJECT INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ANCHIN BLOCK & ANCHIN LLP | InCareOfNm |
| Business Name Control | ACCE | BusinessNameControlTxt |
| Phone | 2125366825 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ANCHIN LLP 1375 broadway | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANE VERON | PersonNm |
| Person Title | co-president | PersonTitleTxt |
| Phone | 2128403456 | PhoneNum |
| Signature | 2017-08-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES FERRARA | PreparerPersonNm |
| PTIN | P00288604 | PTIN |
| Phone | 2128403456 | PhoneNum |
| Preparation | 2017-08-03 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.221.150.5 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 13087820172485000191 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-09-05 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 8B6D5FFCA167059817609A76DEE7A846BF0EBD63 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 83E03B05FC48E4FBA8182FD56FF36C046B2C8CF6 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | n/a | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $51,572 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $45,201 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $6,365 | ProgramServiceRevenueAmt |
| Investment Income | $6 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | $0 | GainOrLossFromSaleOfAssetsAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $0 | SpecialEventsNetIncomeLossAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $0 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $51,572 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $0 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $302 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $667 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $7,076 | OtherExpensesTotalAmt |
| Total Expenses | $8,045 | TotalExpensesAmt |
| Excess Or Deficit For Year | $43,527 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $67,655 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $111,182 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,655 | BOYAmt |
| EOY | $111,182 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,655 | BOYAmt |
| EOY | $111,182 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,655 | BOYAmt |
| EOY | $111,182 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | THE ACCELERATION PROJECT, INC.'S PRIMARY EXEMPT PURPOSES ARE: (A) TO PROMOTE ECONOMIC DEVELOPMENT BY PROVIDING SMALL BUSINESSES WITH COMPREHENSIVE ENTREPRENEURIAL AND FINANCIAL TRAINING, STRATEGIC AND TACTICAL BUSINESS ADVICE, AND NETWORKING, SO THAT SUCH BUSINESSES CAN GROW AND FLOURISH, PROVIDE JOBS TO THE COMMUNITY AND BOOST THE LOCAL ECONOMY; (B) TO PROVIDE TRAINING FOR BUSINESS CONSULTANTS LOOKING TO HONE THEIR SKILLS AND/OR RE-ENTER THE WORKFORCE; AND (C) TO CONDUCT ANY OTHER ACTIVITIES AND TO PERFORM ANY AND ALL ACTS WHICH MAY BE NECESSARY, USEFUL, SUITABLE, OR PROPER FOR THE FURTHERANCE, ACCOMPLISHMENT, OR ATTAINMENT OF ANY OF THE ACTIVITIES DESCRIBED IN CLAUSES (A) AND (B). | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|
| Strategic Advisory Program is the cornerstone of The Acceleration Project, Inc.'s services. Through this program, the organization offers consulting engagements where consultants work with small business owners to create a customized Action Plan to drive their business forward and work to address immediate business issues. | $4,578 |
| Another program,a Speed Consulting workshop, provided 90 minutes of consulting on how to address business challenges. Consultants worked with the businesses in small groups facilitating dialogue and brainstorming among businesses. | $1,412 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,990 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| JANE VERON | ||||
| CO-FOUNDER CO-PRES TREAS DIR | 10.0 | $0 | $0 | $0 |
| LISA TRETLER resigned March 2016 | ||||
| CO-FOUNDER CO-PRES SECY DIR | 10.0 | $0 | $0 | $0 |
| ANDREW FELDSTEIN | ||||
| VICE PRESIDENT DIRECTOR | 2.0 | $0 | $0 | $0 |
| JONATHAN TRETLER | ||||
| VICE PRESIDENT DIRECTOR | 2.0 | $0 | $0 | $0 |
| PETER D GREENE | ||||
| CO-PRES SECY DIR | 10.0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | DE | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANCHIN BLOCK ANCHIN LLP | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1375 BROADWAY | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125366825 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Other Employee Paid Over100k | 0 | OtherEmployeePaidOver100kCnt |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,084 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,098 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,569 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,944 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,201 | CurrentTaxYearAmt |
| Total | $142,896 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,084 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,098 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,569 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,944 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,201 | CurrentTaxYearAmt |
| Total | $142,896 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $45,669 | SubstantialContributorsTotAmt |
| Public Support Total170 | $97,227 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $142,896 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990EZ PART I LINE 16 | Description:CONSULTANTS RECRUITMENT Amount:737 |
| FORM 990EZ PART I LINE 16 | Description:MARKETING Amount:863 |
| FORM 990EZ PART I LINE 16 | Description:INSURANCE Amount:1677 |
| FORM 990EZ PART I LINE 16 | Description:WEBSITE/DOMAIN REGISTRATION Amount:432 |
| FORM 990EZ PART I LINE 16 | Description:ASSOCIATION DUES Amount:202 |
| FORM 990EZ PART I LINE 16 | Description:PAYPAL FEES Amount:298 |
| FORM 990EZ PART I LINE 16 | Description:PROGRAM MANAGEMENT Amount:48 |
| FORM 990EZ PART I LINE 16 | Description:DEVELOPMENT AND FUNDRAISING Amount:2055 |