757 Accelerate Inc logo

757 Accelerate Inc

NORFOLK, VA EIN: 82-3232312 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$508K

-48.0% YoY

Annual Giving

$160K

+19.4% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$20K

+4.5% YoY

About 757 Accelerate Inc

Based on IRS filings

757 Accelerate Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $508K in total assets. In 2024, it awarded 8 grants totaling $160K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AtlantaCharlottesvilleChesapeakeFalls ChurchHamptonHendersonvilleHoustonJacksonLeesburgLisleLynchburgMcleanNew YorkNewport NewsNorfolkOrlandoOxon HillPhilidelphiaPittsburghPorter Ranch

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$457K$915K$1M$2M20202021202220232024
Metric202420232022
Total Assets$507,572$976,372$821,015
Revenue$1,238,698$1,566,357$1,564,123
Expenses$1,663,078$1,379,308$1,334,638
Qualifying Distributions
Net Investment Income$13,453$22$24
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$135K$180K5 grants20209 grants20215 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

REBLOOD RX INC$20KNIGHTINGALE CARE SOLUTIONS$20KWORDS LIIVE$20KSLIP SIGNAL TECHNOLOGIES$20KLUFTCAR LLC$20KMARKBOTIX$20KNININGER MEDICAL INC$20KREENVISION AI INC$20K

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHARLES CORPREWSECRETARY$140KPAUL NOLDEPREDSIDENT$101K

From 2024 filing

NameTitleHoursCompensation
NANCY GRDENCHAIRMAN0.5
BLAKE LUSEBOARD MEMBER0.5
DREW UNVGARSKYBOARD MEMBER0.5
ANGELA REDDIXBOARD MEMBER0.5
RISHAP MALHOTRABOARD MEMBER0.5
DAVE LEVINBOARD MEMBER0.5
PAUL NOLDEPREDSIDENT40$100,663
WILLY DONALDSONVICE OFFICER0.5
TINA MCRAEBOARD MEMBER0.5
CRISSIE HALLBOARD MEMBER0.5
TIM RYANEXECUTIVE DIRECTOR0.5
SARAH JANE KIRKLANDBOARD MEMBER0.5
DALIP KAPOORBOARD MEMBER0.5
RHONDA ALEXANDERBOARD MEMBER0.5
TOI HUNTERBOARD MEMBER0.5
JEFF CONROYTREASURER0.5
CHARLES CORPREWSECRETARY40$140,400

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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