2025-11-17T06:14:02-06:00 2024-12-31 541517420 WALL EINHORN & CHERNITZER PC 150 W MAIN ST SUITE 1200 NORFOLK VA 23510 990 2024-01-01 823232312 757 ACCELERATE INC 757A 8043661535 400 GRANBY ST 115 NORFOLK VA 23510 PAUL NOLDE MANAGING DIRECTOR 8043661535 2025-11-13 1 1 PAUL G DINARDO P00173186 7576254700 2025-11-13 2024 2025-03-06 01:10:19Z NANCY GRDEN 400 GRANBY ST 115 NORFOLK VA 23510 1238698 0 X 757ACCELERATE.ORG X 2017 VA 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. 17 15 7 250 0 0 1566335 893613 0 331632 22 13453 0 0 1566357 1238698 134000 160000 0 0 629180 709962 0 0 0 616128 793116 1379308 1663078 187049 -424380 976372 507572 46704 2284 929668 505288 X 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. 0 0 707036 160000 331632 IN 2024, 757 COLLAB DELIVERED HIGH-IMPACT PROGRAMMING ACROSS ITS CONTINUUM - STARTUP STUDIOS, ACCELERATE, AND ANGELS - POSITIONING HAMPTON ROADS AS A NATIONALLY RECOGNIZED INNOVATION HUB. THE ORGANIZATION DIRECTLY ENGAGED OVER 2,500 ENTREPRENEURS, CREATED 350 NEW JOBS, AND FACILITATED 90 INTERNSHIPS. THROUGH 757 STARTUP STUDIOS, OVER 200 STARTUPS HAVE BEEN INCUBATED SINCE LAUNCH, INCLUDING 24 NEW PRODUCTS LAUNCHED IN THE PAST YEAR ALONE. FOUNDERS LOGGED OVER 7,000 VISITS TO THE SPACE AND PARTICIPATED IN MORE THAN 100 FACILITATED PROGRAMS - WITH 98% OF THEM CALLING HAMPTON ROADS HOME. 176759 757 ACCELERATE, THE FLAGSHIP INVESTOR-READINESS PROGRAM, HAS NOW SUPPORTED 54 STARTUPS ACROSS EIGHT COHORTS, HELPING RAISE MORE THAN $100 MILLION TO DATE, INCLUDING $20+ MILLION IN 2024. THE PROGRAM CREATED OVER 350 JOBS AND DELIVERED OVER 1,500 HOURS OF MENTORSHIP IN THE PAST YEAR. ADDITIONAL HIGHLIGHTS INCLUDE STRATEGIC INNOVATION PARTNERSHIPS ACROSS CLIMATE, HEALTH, AND DEFENSE TECH SECTORS. THE ORGANIZATION HOSTED 85 INVITE-ONLY INNOVATION EVENTS, FACILITATED OVER 200 MATB STARTUP CONNECTIONS, AND HELPED 28 SMALL BUSINESSES AND TWO UNIVERSITIES PITCH DIRECTLY TO NAVY AND AIR FORCE STAKEHOLDERS. 883795 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 15 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 VA X X THE ORGANIZATION 8043661535 400 GRANBY ST SUITE 115 NORFOLK VA 23510 NANCY GRDEN CHAIRMAN 0.50 X X 0 0 0 BLAKE LUSE BOARD MEMBER 0.50 X 0 0 0 DREW UNVGARSKY BOARD MEMBER 0.50 X 0 0 0 ANGELA REDDIX BOARD MEMBER 0.50 X 0 0 0 RISHAP MALHOTRA BOARD MEMBER 0.50 X 0 0 0 DAVE LEVIN BOARD MEMBER 0.50 X 0 0 0 PAUL NOLDE PREDSIDENT 40.00 X 100663 0 0 WILLY DONALDSON VICE OFFICER 0.50 X X 0 0 0 TINA MCRAE BOARD MEMBER 0.50 X 0 0 0 CRISSIE HALL BOARD MEMBER 0.50 X 0 0 0 TIM RYAN EXECUTIVE DIRECTOR 0.50 X 0 0 0 SARAH JANE KIRKLAND BOARD MEMBER 0.50 X 0 0 0 DALIP KAPOOR BOARD MEMBER 0.50 X 0 0 0 RHONDA ALEXANDER BOARD MEMBER 0.50 X 0 0 0 TOI HUNTER BOARD MEMBER 0.50 X 0 0 0 JEFF CONROY TREASURER 0.50 X X 0 0 0 CHARLES CORPREW SECRETARY 40.00 X 140400 0 0 241063 0 0 2 0 0 0 0 468416 425197 893613 ACCELERATER AND ADVISE 611430 320174 320174 BOOT CAMP PROGRAM SALE 611430 5958 5958 START UP WORKSHOP SALE 611430 5000 5000 COMMUNITY SPONSOR SALE 611430 500 500 331632 13453 13453 1238698 331632 0 13453 160000 160000 241063 96425 144638 400178 160071 240107 24221 9688 14533 44500 17800 26700 50 50 41862 41862 68737 68737 16720 16720 22908 22908 21811 21811 143420 143420 34235 34235 482 482 3080 3080 OTHER DIRECT COSTS 439811 439811 1663078 883795 779283 0 635939 68973 340433 230998 188401 18160 0 1040 976372 507572 11226 498 35478 1786 46704 2284 X 929668 505288 929668 505288 976372 507572 -424380 0 X 0 0 0 X 461040 961785 1564099 1478543 1213787 5679254 461040 961785 1564099 1478543 1213787 5679254 5679254 36 29 24 22 13453 13564 5692818 0.99760 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CREDIT CARDS PAYABLE 1710 PAYROLL LIABILITIES 76 1786 X PART X, LINE 2: 757 ACCELERATE, INC. IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN; HOWEVER, ANY PENALTIES AND INTEREST INCURRED AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE RECORDED IN MISCELLANEOUS MANAGEMENT AND GENERAL EXPENSES. 1 REBLOOD RX INC 8643 ANROL AVE SAN DIEGO CA 92123 921971065 20000 0 ORGANIZATION STARTUP FUNDS NIGHTINGALE CARE SOLUTIONS 916 S 48TH STREET PHILIDELPHIA PA 19143 854185559 20000 0 ORGANIZATION STARTUP FUNDS WORDS LIIVE 6113 BROOK DRIVE FALLS CHURCH VA 22044 461909741 20000 0 ORGANIZATION STARTUP FUNDS SLIP SIGNAL TECHNOLOGIES 6710 OXON HILL ROAD OXON HILL MD 20745 883773207 20000 0 ORGANIZATION STARTUP FUNDS LUFTCAR LLC 1001 N ORANGE AVE ORLANDO CA 32801 862949261 20000 0 ORGANIZATION STARTUP FUNDS MARKBOTIX 18839 KIRKCOLM LN PORTER RANCH CA 91326 813889113 20000 0 ORGANIZATION STARTUP FUNDS NININGER MEDICAL INC PO BOX 540874 HOUSTON TX 77254 842190683 20000 0 ORGANIZATION STARTUP FUNDS REENVISION AI INC 4701 SE ADMIRAL WAY SEATTLE WA 98116 993011979 20000 0 ORGANIZATION STARTUP FUNDS 0 8 PART I, LINE 1 THE ORGANIZATION OBTAINS APPLICATIONS FOR GRANTS; ELIGIBLE ENTITIES ARE INTERVIEWED AND A SELECTION COMMITTEE INCLUDING BOARD LEADERSHIP VOTES ON FINAL RECIPIENTS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGING PARTNER OF 757 ACCELERATE DBA 757 COLLAB APPROVES A DRAFT OF THE 990 AND CIRCULATES TO THE BOARD WITH 24 HOURS TO RESPOND. THE RETURN IS THEN SIGNED BY THE MANAGING PARTNER. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.