The Accel Foundation
The Accel Foundation maintains stable finances with zero officer compensation over a decade.
EIN: 208359918 · Waverly, IA · NTEE: T21 · Updated: 2026-03-28
Is The Accel Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Accel Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Accel Foundation
The Accel Foundation (EIN: 208359918) is a nonprofit organization based in Waverly, IA, classified under NTEE code T21. The organization reported total revenue of $41K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Accel Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Accel Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Accel Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a significant positive for an organization of its size, suggesting a high dedication of resources directly to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for The Accel Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Extremely low liabilities, often reported as $1, demonstrating strong financial management and low risk.
- Consistent asset growth over the long term, from $73,484 in 2011 to $108,017 in 2023.
- Regular and consistent IRS 990 filing history (10 filings), indicating good transparency.
- Expenses generally align with or are slightly below revenue, showing responsible operational management.
Frequently Asked Questions about The Accel Foundation
Is The Accel Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Accel Foundation (EIN: 208359918) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does The Accel Foundation spend its money?
The Accel Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Accel Foundation tax-deductible?
The Accel Foundation is registered as a tax-exempt nonprofit (EIN: 208359918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Accel Foundation a good charity?
Based on the provided financial data, The Accel Foundation appears to be a good charity. It demonstrates strong financial stability with low liabilities, consistent asset growth, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation for over a decade. Its consistent filing history also indicates good transparency.
How has The Accel Foundation's financial health changed over time?
The Accel Foundation has shown consistent financial health over time. Assets have grown from $73,484 in 2011 to $108,017 in 2023. While revenue and expenses fluctuate year-to-year, the organization generally maintains a positive net position, and liabilities have remained extremely low, often $1, throughout its filing history.
What is the trend in The Accel Foundation's revenue?
The Accel Foundation's revenue has fluctuated over the past decade, ranging from a low of $27,317 in 2011 to a high of $60,101 in 2019, and most recently $57,368 in 2023. There isn't a consistent upward or downward trend, but rather year-to-year variations typical for a small nonprofit.
Filing History
IRS 990 filing history for The Accel Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Accel Foundation's revenue has grown by 110%, moving from $27K to $57K. Total assets increased by 47% over the same period, from $73K to $108K. Total functional expenses rose by 360.8%, from $12K to $57K. In its most recent filing year (2023), The Accel Foundation reported a surplus of $430, with revenue exceeding expenses. The organization holds $1 in liabilities against $108K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $57K | $108K | $1 | — | — |
| 2022 | $51K | $51K | $108K | $1 | — | View 990 |
| 2021 | $33K | $41K | $107K | $1 | — | — |
| 2020 | $37K | $56K | $115K | $1 | — | — |
| 2019 | $60K | $47K | $133K | $1 | — | View 990 |
| 2015 | $31K | $22K | $121K | $1 | — | View 990 |
| 2014 | $37K | $27K | $112K | $1 | — | View 990 |
| 2013 | $35K | $27K | $102K | $1 | — | View 990 |
| 2012 | $37K | $17K | $93K | $210 | — | View 990 |
| 2011 | $27K | $12K | $73K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $57K, and assets of $108K (revenue +12.8% year-over-year).
- 2022: Revenue of $51K, expenses of $51K, and assets of $108K (revenue +53.4% year-over-year).
- 2021: Revenue of $33K, expenses of $41K, and assets of $107K (revenue -11.4% year-over-year).
- 2020: Revenue of $37K, expenses of $56K, and assets of $115K (revenue -37.7% year-over-year).
- 2019: Revenue of $60K, expenses of $47K, and assets of $133K (revenue +90.8% year-over-year).
- 2015: Revenue of $31K, expenses of $22K, and assets of $121K (revenue -13.8% year-over-year).
- 2014: Revenue of $37K, expenses of $27K, and assets of $112K (revenue +3.1% year-over-year).
- 2013: Revenue of $35K, expenses of $27K, and assets of $102K (revenue -4.3% year-over-year).
- 2012: Revenue of $37K, expenses of $17K, and assets of $93K (revenue +35.5% year-over-year).
- 2011: Revenue of $27K, expenses of $12K, and assets of $73K.
Data Sources and Methodology
This transparency report for The Accel Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.