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Nonprofit · EIN 45-3804840

HBCU MEMPHIS

Tax-exempt (reinstated) · MEMPHIS, TN 38116

Financials

$49K$49K2023$36K$36K2024
Revenue Expenses · by fiscal year end
Financials of HBCU MEMPHIS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$35,700$35,750-$50$100–$100
December 31, 2023990-EZ$48,500$49,358-$858$150–$150
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,700

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$10,500
Professional fees and payments to contractors
$1,650
Printing, publications and postage
$1,400
Other expenses
$22,200

Balance sheet and other

Total assets, start of year
$150
Total assets, end of year
$100
Total liabilities, end of year
–
Net assets, end of year
$100
Cash, savings and investments
$100
Gross receipts
$35,700

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Demetria SinclairPresident - CEO30$0
Terence BoboCFO15$0
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Demetria SinclairPresident - CEO30$0
Terence BoboCFO15$0

Address and contacts

Address (IRS master file)
4900 FARMWOOD DR, MEMPHIS, TN 38116-7900
In care of
% TERENCE BOBO
Signed the 990-EZ
Terence Bobo, CFO

Mission

o provide college awareness and preparation for students and to help students

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE MISSION OF HBCU MEMPHIS IS TOPROVIDE COLLEGE AWARENESS AND READINESS TO STUD ENTS IN THE MID-SOUTH AREA.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-3804840
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B90)
Assets (IRS master file)
$100
Income (IRS master file)
$35,700

Revocation and reinstatement

Exemption revoked
July 15, 2020
Posted by the IRS
November 3, 2020
Reinstated
Effective February 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$35,700$35,750$100XML
990-EZDecember 2023$48,500$49,358$150XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3804840).

Questions about HBCU MEMPHIS

What is the EIN of HBCU MEMPHIS?
The employer identification number (EIN) of HBCU MEMPHIS is 45-3804840.
Is HBCU MEMPHIS tax-exempt?
Yes. The IRS revoked its exemption on July 15, 2020 and reinstated it effective February 15, 2021.
Are donations to HBCU MEMPHIS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HBCU MEMPHIS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HBCU MEMPHIS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HBCU MEMPHIS last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of HBCU MEMPHIS?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does HBCU MEMPHIS have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $35,700, expenses of $35,750 and total assets of $100 at year end.

Other nonprofits in MEMPHIS

All nonprofits in MEMPHIS · Tennessee · Education