Overview
What is Accessity?
Accessity is a nonprofit organization located in San Diego, California, with a focus on empowering historically underserved entrepreneurs. They aim to provide financial opportunities and business support services to groups such as entrepreneurs of color, women, immigrants, and those with low-to-moderate income, helping them establish thriving businesses and improve their livelihoods. By doing so, Accessity also contributes to the overall strengthening of their communities, ultimately stimulating local economic growth. With a team of 36 dedicated individuals, they offer credit access and essential business support, thereby fostering prosperity and promoting equality in their community.
Official website here: www.accessity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
Accessity has earned an impressive Four-Star rating from Charity Navigator, reflecting its high performance across multiple metrics. With a perfect score in Accountability & Finance, Leadership & Adaptability, and Feedback Collection and Usage, the organization demonstrates strong financial health and effective governance. Its Program Expense Ratio of 91.50% indicates a significant focus on programmatic spending, ensuring that a large portion of its resources directly supports its mission.
The organization has a fully independent board, which enhances its transparency and accountability. The presence of comprehensive policies, including conflict of interest and whistleblower policies, further solidifies its commitment to ethical practices. Accessity's high scores in Impact & Measurement and Culture & Community suggest a robust framework for assessing its effectiveness and engaging with stakeholders.
While Accessity's financial and operational strengths are evident, ongoing monitoring of its performance will be essential to maintaining its high standards. No significant limitations were noted in the data, indicating that Accessity is well-positioned to continue its impactful work in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Accessity legitimate?
Accessity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accessity 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: $480,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,935,544
For more financial information, click here
Official website here: www.accessity.org
What is the mission statement of Accessity?
Accessity's mission is centered around providing financial opportunities and business support to historically underserved groups. These groups primarily include entrepreneurs of color, women, immigrants, and those with low-to-moderate income. The organization aims to help these entrepreneurs build prosperous businesses and secure a livelihood for themselves and their families. Furthermore, Accessity's mission also involves contributing to the strengthening of communities.
Official website here: www.accessity.org
Who is the CEO of Accessity?
Elizabeth Schott is the Ceo of Accessity. The CEO's salary of Accessity is $159,256 and their total compensation is $164,320.
Official website here: www.accessity.org
What is the revenue of Accessity?
Accessity's revenue in 2022 was $5,295,637.
Official website here: www.accessity.org
Who are the executives of Accessity and what are their salaries?
The average compensation at Accessity during 2022 was $67,104. There are 36 employees and 19 volunteers at Accessity.
Here are 20 key members and their salaries (Accessity's CEO's salary is $159,256 and their total compensation is $164,320):
- Compensation: $159,256
- Related: $0
- Other: $5,064
- Compensation: $140,526
- Related: $0
- Other: $4,975
- Compensation: $136,532
- Related: $0
- Other: $4,517
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Official website here: www.accessity.org
Where can I find the form 990 for Accessity?
Accessity's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.accessity.org
Learn more at the official website: www.accessity.org
Mission Statement of Accessity
Accessity, a nonprofit organization, is committed to bridging financial opportunities for individuals who historically have been underserved in the realm of capital and business support. Primarily focusing on entrepreneurs from underrepresented groups such as people of color, women, immigrants, and those with low to moderate incomes, Accessity aims to empower these individuals to establish prosperous businesses and secure stable livelihoods for themselves and their families. Beyond personal gain, Accessity strives to strengthen communities as a whole through the success of these entrepreneurs.
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Impact
October, 2024
Accessity has made a significant impact on local economic growth by providing crucial access to credit and business support services for micro-enterprises in San Diego. By focusing on underserved populations—including entrepreneurs of color, women, immigrants, and low-to-moderate income individuals—Accessity empowers these entrepreneurs to establish and grow their businesses. This not only enhances their individual livelihoods but also contributes to the overall vitality and strength of the community. Through its targeted support, Accessity fosters an environment where a diverse range of voices can thrive in the business landscape, ultimately leading to a more inclusive and prosperous economy.
This information is meant to be a general summary of Accessity. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,818
- Program Service Revenue: $1,635,295
- Gross Receipts: $5,295,637
Assets and Liabilities:
- Total Assets: $20,405,394
- Total Liabilities: $5,121,550
- Net Assets: $15,283,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$1,050,151
LOAN FEES
Revenue
$585,144
Organization Details
Founding Year
1994
Phone
(619) 795-7250Principal Officer
Elizabeth Schott
Main Address
404 EUCLID AVENUE STE 271, SAN DIEGO, CA, 92114
Website
www.accessity.orgNTEE Category
Code: S310 - Community improvement
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