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Nonprofit · EIN 75-2824925

ACCELERATE DFW FOUNDATION INC

Tax-exempt · FORT WORTH, TX 76104

Financials

$211K$208K2022$85K$134K2023
Revenue Expenses · by fiscal year end
Financials of ACCELERATE DFW FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$85,394$134,459-$49,065$33,964$7,177$26,787
September 30, 2023990$210,915$208,019$2,896$87,482$11,630$75,852
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$85,394
of which government grants
$25,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,520
Travel
$201
Program services (functional)
$133,507
Fundraising (functional)
$952

Balance sheet and other

Total assets, start of year
$87,482
Total assets, end of year
$33,964
Total liabilities, end of year
$7,177
Net assets, end of year
$26,787
Net assets without donor restrictions
$26,787
Gross receipts
$85,394
Employees
3
Year formed
1999
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHARLIE GILROYBOARD MEMBER
Trustee or director
0$0
TODD MILLERBOARD MEMBER
Trustee or director
0$0
AMANDA JOHNSONBOARD MEMBER
Trustee or director
0$0
CHRIS BOTVIDSONBOARD MEMBER
Trustee or director
0$0
JAMES STANLEYBOARD MEMBER
Trustee or director
0$0
ORI FERNANDEZBOARD MEMBER
Trustee or director
0$0
DAVID MACKBOARD MEMBER
Trustee or director
0$0
MEGHAN WRIGHTBOARD MEMBER
Trustee or director
0$0
SEAN ARENABOARD MEMBER
Trustee or director
0$0
ANNIKA NELSONBOARD MEMBER
Trustee or director
0$0
ANNA BOULWAREBOARD MEMBER
Trustee or director
0$0
SAMEER VAIDYABOARD MEMBER
Trustee or director
0$0
JUSTIN MALONECHAIRMAN OF THE BOARD
Trustee or director, Officer
0$0
ALBERTO RIOSVICE CHAIR
Trustee or director, Officer
0$0
RICKY MCBRIDETREAS
Trustee or director, Officer
0$0
2 more people on this return
NameTitleHours / weekCompensation
LARRY ANFINSEC
Trustee or director, Officer
0$0
BRIAN HARRISINTERIM EXEC DIR
Key employee
40$0
990 for the year ended September 30, 2023: 18 people
NameTitleHours / weekCompensation
JAMES STANLEYBOARD MEMBER
Trustee or director
0$0
CHRIS BOTVIDSONBOARD MEMBER
Trustee or director
0$0
TODD MILLERBOARD MEMBER
Trustee or director
0$0
ORI FERNANDEZBOARD MEMBER
Trustee or director
0$0
ANNIKA NELSONBOARD MEMBER
Trustee or director
0$0
ANNA BOULWAREBOARD MEMBER
Trustee or director
0$0
CHARLIE GILROYBOARD MEMBER
Trustee or director
0$0
AMANDA JOHNSONBOARD MEMBER
Trustee or director
0$0
DAVID MACKBOARD MEMBER
Trustee or director
0$0
SAMEER VAIDYABOARD MEMBER
Trustee or director
0$0
RICHARD KNIGHTBOARD MEMBER
Trustee or director
0$0
SEAN ARENABOARD MEMBER
Trustee or director
0$0
MEGHAN WRIGHTBOARD MEMBER
Trustee or director
0$0
LARRY ANFINSEC
Trustee or director, Officer
0$0
RICKY MCBRIDETREAS
Trustee or director, Officer
0$0
JUSTIN MALONECHAIRMAN OF THE BOARD
Trustee or director, Officer
0$0
ALBERTO RIOSVICE CHAIR
Trustee or director, Officer
0$0
BRIAN HARRISDIR OF OPERATIONS
Key employee
40$0

Address and contacts

Address (IRS master file)
1150 SOUTH FWY, FORT WORTH, TX 76104-5064
Principal officer (990 for 2023)
JUSTIN MALONE
Signed the 990
JUSTIN MALONE, CHAIRMAN OF THE
Return prepared by
Wood Stephens & ONeil LLP

Mission

THE FOUNDATIONS MISSION IS TO CONNECT DEDICATED ENTREPRENEURS IN THE DFW AREA TO THE RESOURCES THEY NEED TO DEVELOP, LAUNCH AND GROW THEIR BUSINESSES.

990 for the year ended September 30, 2024

Program accomplishments

  • THE FOUNDATION SUPPORTS ENTREPRENEURSHIP BY COLLABORATING WITH LIKE-MINDED INSTITUTIONS AND BUSINESSES TO ORGANIZE EVENTS THAT BRING PEOPLE WITH AN ENTREPRENEURIAL MINDSET TOGETHER THROUGH EXPERIENTIAL EVENTS. THE FOUNDATION ALSO OFFERS PROGRAMS THAT AID ENTREPRENEURS IN BUILDING THEIR BUSINESSES.
    Expenses $133,507

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
75-2824925
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$33,964
Income (IRS master file)
$85,394

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$85,394$134,459$33,964XML
990September 2023$210,915$208,019$87,482XML
990September 2022–––IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2824925).

Questions about ACCELERATE DFW FOUNDATION INC

What is the EIN of ACCELERATE DFW FOUNDATION INC?
The employer identification number (EIN) of ACCELERATE DFW FOUNDATION INC is 75-2824925.
Is ACCELERATE DFW FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to ACCELERATE DFW FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACCELERATE DFW FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ACCELERATE DFW FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACCELERATE DFW FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of ACCELERATE DFW FOUNDATION INC?
The 990 for the year ended September 30, 2024 names JUSTIN MALONE.
Who are the officers and directors of ACCELERATE DFW FOUNDATION INC?
The 990 for the year ended September 30, 2024 lists 17 people; 0 received compensation from the organization.
How much revenue does ACCELERATE DFW FOUNDATION INC have?
On its 990 for the year ended September 30, 2024 it reported revenue of $85,394, expenses of $134,459 and total assets of $33,964 at year end.

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