Nonprofit · EIN 81-1798188
HUGHES ELITE SCHOLARS INCORPORATED
Tax-exempt (reinstated) · CHARLOTTE, NC 28262
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $900,581 | $940,378 | -$39,797 | $126,380 | $0 | $126,380 |
| August 31, 2024 | 990 | $936,161 | $885,448 | $50,713 | $170,360 | $4,183 | $166,177 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $900,581
- of which government grants
- $900,581
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $24,023
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $487,546
- Salaries, compensation and benefits (total)
- $523,361
- Professional fundraising fees
- $0
- Accounting fees
- $9,391
- Travel
- $24,957
- Program services (functional)
- $867,070
- Management and general (functional)
- $73,308
Balance sheet and other
- Total assets, start of year
- $170,141
- Total assets, end of year
- $126,380
- Total liabilities, end of year
- $0
- Net assets, end of year
- $126,380
- Land, buildings and equipment
- $36,609
- Net assets without donor restrictions
- $126,380
- Gross receipts
- $900,581
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- NC
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 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Rhonda Covington | Chairman Trustee or director | 0 | $0 |
| Dr Yaw Owusu Addo | Chairman Trustee or director | 0 | $0 |
| Mrs Kesse Satterfield | Secretary Trustee or director | 0 | $0 |
| Mr Darron Lille | Treasurer Trustee or director | 0 | $0 |
| Mrs Tamesha Hughes Frazier | Director Trustee or director | 0 | $0 |
990 for the year ended August 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Rhonda Covington | Chairman Trustee or director | 0 | $0 |
| Dr Yaw Owusu Addo | Chairman Trustee or director | 0 | $0 |
| Mrs Kesse Satterfield | Secretary Trustee or director | 0 | $0 |
| Mr Darron Lille | Treasurer Trustee or director | 0 | $0 |
| Mrs Tamesha Hughes Frazier | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2315 W ARBORS DR STE 125, CHARLOTTE, NC 28262-2639
- Principal officer (990 for 2024)
- Mrs Tamesha Hughes Frazier, 10150 Mallard Creek Rd 106, Charlotte, NC 28262
- Signed the 990
- Tamesha Hughes Frazier, Director
- Phone
- (252) 571-2072
- Website
- www.hugheseliteschoars.com
- Return prepared by
- Mindful Accounting LLC
Mission
Prepared low income, first generation and disabled individuals in moving to the next grade level, and graduate from secondary school and enter Into post secondary education by providing SAT fees, fee waivers, filling out FAFSA forms, academics advising, cultural trips, for over 150 students
Program accomplishments
- Hughes Elite Scholars is a college prep, preparing high school juniors and seniors financial aid application through FASA: Fee waivers for ACT and SAT are provided for free. Academic counseling gives free financial aid workshops, services and also prep high school juniors and seniors for college. Hughes Elite Scholars took the kids on college tours and spend time on campus so the kids could get use to college atmosphere. These services were provided to approximately 200 students in the target group. Workshops provided focused on a variety of topics-peer pressure skills, and conflict resolution. Tutorials to students improve grades. These services were available to and provided for approximately 200 students.Expenses $867,070 · grants $900,581
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 81-1798188
- 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
- 2024
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B01)
- Assets (IRS master file)
- $126,380
- Income (IRS master file)
- $900,581
Revocation and reinstatement
- Exemption revoked
- May 15, 2022
- Posted by the IRS
- August 10, 2024
- Reinstated
- Effective May 15, 2022
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $900,581 | $940,378 | $126,380 | XML |
| 990 | August 2024 | $936,161 | $885,448 | $170,360 | XML |
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 81-1798188).
Questions about HUGHES ELITE SCHOLARS INCORPORATED
- What is the EIN of HUGHES ELITE SCHOLARS INCORPORATED?
- The employer identification number (EIN) of HUGHES ELITE SCHOLARS INCORPORATED is 81-1798188.
- Is HUGHES ELITE SCHOLARS INCORPORATED tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
- Are donations to HUGHES ELITE SCHOLARS INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HUGHES ELITE SCHOLARS INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HUGHES ELITE SCHOLARS INCORPORATED due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HUGHES ELITE SCHOLARS INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of HUGHES ELITE SCHOLARS INCORPORATED?
- The 990 for the year ended August 31, 2025 names Mrs Tamesha Hughes Frazier.
- Who are the officers and directors of HUGHES ELITE SCHOLARS INCORPORATED?
- The 990 for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does HUGHES ELITE SCHOLARS INCORPORATED have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $900,581, expenses of $940,378 and total assets of $126,380 at year end.
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