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Nonprofit · EIN 84-3378272

LONG BEACH ACCELERATOR INC

Tax-exempt · LONG BEACH, CA 90802

Financials

$416K$395K2023$91K$129K2024
Revenue Expenses · by fiscal year end
Financials of LONG BEACH ACCELERATOR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$91,166$128,602-$37,436$43,220$185,762-$142,542
December 31, 2023990$415,792$395,075$20,717$107,462$212,568-$105,106
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$76,059
Program service revenue
$1,906
Investment income
$1
Other revenue
$13,200

Expenses

Grants and similar amounts paid
$8,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$28,637
Professional fees and payments to contractors
$30,626
Occupancy
$6,750
Other expenses
$54,589
Program services (functional)
$89,920

Balance sheet and other

Total assets, start of year
$107,462
Total assets, end of year
$43,220
Total liabilities, end of year
$185,762
Net assets, end of year
-$142,542
Cash, savings and investments
$36,869
Gross receipts
$91,166

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
VIVIAN SHIMOYAMAChairman7$0
BRENDA WUNSCHVICE CHAIR4$0
SANTHOSH DEVATIDirector1$0
RAGAN ROBERTSONTreasurer4$0
WADE MARTINPAST CHAIR5$0
WALTER LARKINSDirector1$0
CHRIS HALLIWELLDirector2$0
SUE MALONEDirector2$0
PAYAL KAMDARSecretary2$0
JOHN KEISLERDirector1$0
ROD RIGOLEDirector1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
ANDREA WHITE-KJOSSExecutive Dir.
Officer
40$170,445
VIVIAN SHIMOYAMAChairman
Trustee or director, Officer
7$0
BRENDA WUNSCHVICE CHAIR
Trustee or director, Officer
4$0
SANTHOSH DEVATITreasurer
Trustee or director, Officer
4$0
RAGAN ROBERTSONSecretary
Trustee or director, Officer
4$0
WADE MARTINDirector
Trustee or director
5$0
WALTER LARKINSDirector
Trustee or director
1$0
CHRIS HALLIWELLDirector
Trustee or director
2$0
SUE MALONEDirector
Trustee or director
2$0
PAYAL KAMDARDirector
Trustee or director
2$0
JOHN KEISLERDirector
Trustee or director
1$0
ROD RIGOLEDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
245 E 3RD ST, LONG BEACH, CA 90802-3141
In care of
% JOHN SHEN SUNSTONE MANAGEMENT INC
Signed the 990-EZ
RAGAN ROBERTSON, Treasurer
Phone
(310) 990-8524
Return prepared by
Kevin Wong CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 84-3378272 or by the name LONG BEACH ACCELERATOR INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

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.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $89,920

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, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-3378272
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$43,220
Income (IRS master file)
$91,166

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$91,166$128,602$43,220XML
990-TDecember 2024–––IRS
990December 2023$415,792$395,075$107,462XML
990-TDecember 2023–––IRS
990December 2022$365,765$488,266$123,362IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––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 84-3378272).

Questions about LONG BEACH ACCELERATOR INC

What is the EIN of LONG BEACH ACCELERATOR INC?
The employer identification number (EIN) of LONG BEACH ACCELERATOR INC is 84-3378272.
Is LONG BEACH ACCELERATOR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to LONG BEACH ACCELERATOR INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LONG BEACH ACCELERATOR 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 LONG BEACH ACCELERATOR 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 LONG BEACH ACCELERATOR INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LONG BEACH ACCELERATOR INC?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does LONG BEACH ACCELERATOR INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $91,166, expenses of $128,602 and total assets of $43,220 at year end.

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