Accelerated College Experiences Inc
- Assets
- $280.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jamaica Plain, MA
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-4101866
Organization Overview
Accelerated College Experiences Inc is located in Jamaica Plain, MA. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accelerated College Experiences Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Accelerated College Experiences Inc generated $199.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $154.2k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR SEVENTH GRADUATING CLASS OF STUDENTS ARE ATTENDING VARIOUS COLLEGES ACROSS THE COUNTRY WITH A GPA OF 3.0 OR HIGHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorita Williams President/ceo | 40 | $72,100 | |
Mia Roberts Treasurer | 20 | $28,495 | |
Adrian Mims Secretary | 1 | $0 | |
Audra Bohannon Board Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,029 |
| Total Program Service Revenue | $145,293 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,322 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $133,734 |
| Occupancy, rent, utilities, and maintenance | $2,295 |
| Printing, publications, postage, and shipping | $141 |
| Other expenses | $17,994 |
| Total expenses | $154,164 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $225,157 |
| Other assets | $0 |
| Total assets | $280,007 |
| Total liabilities | $532 |
| Net assets or fund balances | $279,475 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Accelerated College Experiences Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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