2025-06-30T12:56:17-07:00 2024-12-31 473812099 Kevin Wong CPA 301 E foothill blvd ste 202 arcadia CA 91006 990EZ 2024-01-01 843378272 LONG BEACH ACCELERATOR INC LONG 3109908524 245 E THIRD ST LONG BEACH CA 90802 RAGAN ROBERTSON Treasurer 2025-06-30 true true Kevin Wong P01421794 6262474339 X 2024 2025-03-06 01:10:19Z X WWW.LBACCELERATOR.ORG X X 91166 X 76059 1906 1 0 0 0 0 13200 91166 8000 28637 30626 6750 54589 128602 -37436 -105106 -142542 X 94839 36869 12623 6351 107462 43220 212568 185762 -105106 -142542 LONG BEACH ACCELERATOR WAS FORMED FOR THE PURPOSE OF PERFORMING ALL THINGS INCIDENTAL TO, OR APPROPRIATE IN, THE ACHIEVEMENT OF THE FOLLOWING SPECIFIC AND PRIMARY MISSION TO ACCELERATE EARLY STATE STARTUPS WITH SEED FUNDING, MENTORSHIP, AND EXIT STRATEGY. THE VISION OF THE LONG BEACH ACCELERATOR IS TO MAKE LONG BEACH A DESTINATION OF CHOICE FOR EARLY STAGE STARTUPS. THE LONG BEACH ACCELERATOR IS A 4-MONTH PROGRAM BROKEN UP INTO TWO PHASES. FOR THE FIRST THREE MONTHS, THERE ARE WEEKLY WORKSHOPS AND MENTORSHIP FOCUSED ON DETERMINING MARKET FIT, BUSINESS STRATEGY AND DEVELOPMENT AND SALES AND MARKETING. THE FINAL MONTH OF THE PROGRAM IS FOCUSED ON DEVELOPING AN EXIT STRATEGY AND PREPARING FOR DEMO DAY TO SECURE ADDITIONAL SEED FUNDING FOR CONTINUED GROWTH AND EXPANSION. 89920 89920 VIVIAN SHIMOYAMA Chairman 7.00 0 BRENDA WUNSCH VICE CHAIR 4.00 0 SANTHOSH DEVATI Director 1.00 0 RAGAN ROBERTSON Treasurer 4.00 0 WADE MARTIN PAST CHAIR 5.00 0 WALTER LARKINS Director 1.00 0 CHRIS HALLIWELL Director 2.00 0 SUE MALONE Director 2.00 0 PAYAL KAMDAR Secretary 2.00 0 JOHN KEISLER Director 1.00 0 ROD RIGOLE Director 1.00 0 false false false false false false true 180500 0 0 0 false 0 0 false CA SANTHOSH DEVATI 245 E THIRD ST LONG BEACH CA 90802 3109908524 false false false false false false false false false false false NONE NONE true X 50000 57500 150000 76059 333559 2500 328124 272250 238961 1906 843741 0 0 0 2500 378124 329750 388961 77965 1177300 0 45000 145000 54060 244060 45000 145000 54060 244060 933240 0 0 0 26831 12000 38831 2500 378124 329750 415792 89965 1216131 0.76740 0.80740 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED JOHN KEISLER-SUNSTONE DIRECTOR OPERATIONS X 200000 180500 false false false 180500 Other Revenue.1 OTHER INCOME - LOAN FORGIVEN $12000 Other Revenue.2 OTHER INCOME $1200 Other Expenses.1001 Advertising and Promotion $1797 Other Expenses.1002 Office Expenses $2517 Other Expenses.1003 Information Technology $7875 Other Expenses.1005 Travel $2391 Other Expenses.1012 Insurance $8780 Other Expenses.1 PROGRAM EXPENSES $30127 Other Expenses.2 PAYROLL PROCESSING $1102 Other Assets.1005 Accounts Receivable - Beginning $1868 Accounts Receivable - Ending $5000 Other Assets.1011 Prepaid Expenses and Deferred Charges - Beginning $10755 Prepaid Expenses and Deferred Charges - Ending $1351 Total Liabilities.1001 Accounts Payable and Accrued Expenses - Beginning $3700 Accounts Payable and Accrued Expenses - Ending $78 Total Liabilities.1006 Payable to Officers, Directors, Etc. - Beginning $192500 Payable to Officers, Directors, Etc. - Ending $180500 Total Liabilities.1 ACCRUED INTEREST - Beginning $5184 ACCRUED INTEREST - Ending $5184 Total Liabilities.2 PAYROLL LIABILITIES - Beginning $9984 PAYROLL LIABILITIES - Ending $0 Total Liabilities.3 ACCRUED EXPENSES - Beginning $1200 ACCRUED EXPENSES - Ending $0