757 ACCELERATE INC
501 BOUSCH STREET A, NORFOLK, VA 23510 757accelerate.org

Total Revenue
$461,076
Total Expenses
$378,597
Net Assets
$380,575

Organizations Filed Purposes: 757 ACCELERATE IN A NON-PROFIT STARTUP ACCELERATOR 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 GRT, AND A LONG-TERM COMMMITMENT TO HELPING STARTUPS DO MORE FASTER.

RECEIVED 94 APPLICATIONS IN YEAR 1 FOR 5 SPOTS; RECEIVED 130 APPLICATIONS IN YEAR 2 FOR 6 SPOTS, RECEIVED 105 APPLICATIONS IN YEAR 3 FOR 5 SPOTS. ACQUIRED AN ADDITIONAL MAJOR CORPORATE SPONSOR TO COLALITION TO ADD 6TH SPOT TO COHORT #2. ENGAGED OVER 170 MENTORS IN YEARS 1, 2 AND 3. 70% OF BENEFITING COMPANIES HAVE UNDERREPRESENTED FOUNDERS ON THEIR TEAM. $320K IN NON-DILUTIVE CAPITAL HAS BEEN DEPLOYED. ALUMNI COMPANIES HAVE RAISED OVER $11.6M IN PRIVATE CAPITAL WITHIN 24 MONTHS OF COMPLETING THE PROGRAM, CREATED 112 JOBS AND GENERATED $3.5M IN REVUNUE IN THE LAST 12 MONTHS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Evans McmillionSEC & EXEC DIRECTOR40$108,000
Blake LuseDIRECTOR0.5$0
John ParisDIRECTOR0.5$0
Eric BrownDIRECTOR0.5$0
Dave CouchDIRECTOR0.5$0
Lance ZaalDIRECTOR0.5$0
Jeff JohnsonDIRECTOR0.5$0
Zack MillerDIRECTOR0.5$0
Willy DonaldsonDIRECTOR0.5$0
Sherry BarnetteDIRECTOR0.5$0
Robert MooreDIRECTOR0.5$0
Paul HirschbielTREASURER0.5$0
Ned LilyDIRECTOR0.5$0
Nancy GrdenDIRECTOR0.5$0
Monique AdamsVICE CHAIR0.5$0
Michael YaskowskiDIRECTOR0.5$0
Max GreenhoodDIRECTOR0.5$0
Lisa DenoiaDIRECTOR0.5$0
Kevin CurryDIRECTOR0.5$0
Karen EagleDIRECTOR0.5$0
Hud CroasdaleDIRECTOR0.5$0
Graham HenshawDIRECTOR0.5$0
Florence KingstonDIRECTOR0.5$0
Bob SharakDIRECTOR0.5$0
Chris SheltonDIRECTOR0.5$0
Bob ArmstrongDIRECTOR0.5$0
Anne ConnerCHAIR0.5$0
Angel RichDIRECTOR0.5$0
Andria McclellanDIRECTOR0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101349349305010_public.xml