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LONG BEACH ACCELERATOR INC

LONG BEACH, California, 90802

EIN: 84-3378272

Community Improvement, Capacity Building

MISSION

LONG BEACH ACCELERATOR IS FORMED TO ASSIST WITH THE FOLLOWING SPECIFIC AND PRIMARY MISSION TO ACCELERATE EARLY STAGE STARTUPS WITH SEED FUNDING, MENTORSHIP, AND EXIT STRATEGY. THE VISION IS TO MAKE LONG BEACH A DESTINATION FOR EARLY STAGE STARTUPS.

 FORM 1023-EZ for LONG BEACH ACCELERATOR INC

DEMOGRAPHIC

ADDRESS
245 E 3RD ST
90802
COUNTY
los angeles county, CA
IN CARE OF NAME
JOHN SHEN SUNSTONE MANAGEMENT INC

ORGANIZATIONAL OVERVIEW & RANKINGS

LONG BEACH ACCELERATOR INC is a based in LONG BEACH, CA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in February 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $123,362.00, this ranks 469,001 among 2,656,690 nonprofits nationally (Top 18%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 47,550 out of 275,729 organizations in CA (Top 18%).

In los angeles county, CA, the organization ranks 11,716 out of 71,287 nonprofits by assets (Top 17%), while locally in long beach, it stands at 603 among 3,227 organizations (Top 19%).

The organization reported annual revenue of $365,765.00, ranking 215,361 nationally (Top 9%) and 23,482 in CA (Top 9%).

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, LONG BEACH ACCELERATOR INC ranks 1,421 in assets (Top 29%) and 830 in revenue (Top 17%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$365,765.00
FORM 990 REVENUE AMOUNT
$365,765.00
RULING DATE
02/2020
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$123,362.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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