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Acelero Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 320285851 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Acelero Charitable Foundation?

Acelero Charitable Foundation, located in New York City, New York, is a nonprofit organization that focuses on supporting families associated with Head Start programs in Milwaukee and Racine, Wisconsin. During the coronavirus pandemic, they have been providing essential resources, such as meals and supplies, to families in need. Beyond this, the foundation aims to contribute to the educational aspirations of children served by offering scholarships. Additionally, they engage in charitable distributions to provide essentials like food, clothing, medical care, and other necessities to children participating in Head Start educational programs. Overall, the mission of Acelero Charitable Foundation is to promote and facilitate early childhood education.

Is Acelero Charitable Foundation legitimate?

Acelero Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acelero Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Acelero Charitable Foundation?

The Acelero Charitable Foundation's mission is primarily focused on supporting the educational aspirations of children who have completed Head Start educational programs. They accomplish this by providing scholarships. Beyond education, the foundation also extends its charitable efforts to cater to the essential needs of these children, such as food, clothing, and medical care, among others. In addition, the foundation promotes and facilitates early childhood education. During the coronavirus pandemic, the foundation has been actively supporting families involved in Head Start programs in Milwaukee and Racine, Wisconsin, by providing meals and other necessary supplies for those in need.

Who is the CEO of Acelero Charitable Foundation?

Katherine Molina-Powell is the President & Treasurer of Acelero Charitable Foundation.

What is the revenue of Acelero Charitable Foundation?

Acelero Charitable Foundation's revenue in 2022 was $834,488.

Who are the executives of Acelero Charitable Foundation and what are their salaries?

There 3 volunteers at Acelero Charitable Foundation.


Here are 4 key members and their salaries:


Aaron Lieberman (President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Abrahams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Molina-Powell (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Acelero Charitable Foundation?

Acelero Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Acelero Charitable Foundation

Acelero Charitable Foundation, a philanthropic organization, is committed to supporting the educational goals and furthering the scholarships of children who have completed Head Start educational programs. Beyond scholarships, the foundation also aims to make charitable distributions to provide essentials such as food, clothing, medical care, and other necessities to children participating in these programs. Moreover, Acelero Charitable Foundation actively promotes and facilitates early childhood education. During the coronavirus pandemic, the organization has shown its dedication to families enrolled in Head Start programs in Milwaukee and Racine, Wisconsin, by providing meals and other necessary supplies to those in need.

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Impact




October, 2024

Acelero Charitable Foundation significantly impacts the educational and basic needs of children and families connected to Head Start programs. By offering scholarships, the foundation actively promotes and facilitates the educational aspirations of both current participants and graduates of Head Start educational programs. This financial support empowers children to pursue their academic goals, fostering a foundation for future success.

Additionally, the foundation addresses immediate necessities by distributing vital resources such as food, clothing, and medical care to Head Start participants. This comprehensive approach ensures that basic needs are met, allowing families to focus on education and stability. During the challenges posed by the coronavirus pandemic, Acelero Charitable Foundation extended its reach by providing meals and supplies to families in Milwaukee and Racine, Wisconsin, further demonstrating its commitment to supporting the community during critical times. Through these initiatives, the foundation plays a crucial role in enhancing the quality of life and educational opportunities for underserved families.




This information is meant to be a general summary of Acelero Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$834,488 (2022)
Expenses
$60 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $834,483
  • Gross Receipts: $834,733

Assets and Liabilities:

  • Total Assets: $884,249
  • Total Liabilities: $100
  • Net Assets: $884,149

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Organization Details

Founding Year

2008

Principal Officer

Katherine Molina-Powell

Main Address

500 7TH AVENUE 8TH FL, NEW YORK, NY, 10018

NTEE Category

Code: P20 - Human services

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