Nonprofit · EIN 85-1276996
HBCU WEEK FOUNDATION INC
Tax-exempt · WILMINGTON, DE 19805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,139,207 | $2,247,060 | -$107,853 | $468,784 | $0 | $468,784 |
| December 31, 2023 | 990 | $2,197,225 | $1,921,102 | $276,123 | $595,327 | $18,690 | $576,637 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,898,182
- of which government grants
- $305,000
- Program service revenue
- $241,025
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $729,986
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $12,000
- Accounting fees
- $27,745
- Travel
- $62,832
- Program services (functional)
- $1,929,647
- Management and general (functional)
- $305,413
- Fundraising (functional)
- $12,000
Balance sheet and other
- Total assets, start of year
- $595,327
- Total assets, end of year
- $468,784
- Total liabilities, end of year
- $0
- Net assets, end of year
- $468,784
- Gross receipts
- $2,139,207
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2020
- State of legal domicile
- DE
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY CHRISTOPHER | CEO Trustee or director | 20 | $0 |
| ADRIELLE B KALE | CFO Trustee or director | 5 | $0 |
| Lorin Dale-Pierce | CHIEF LEGAL OFFICER Trustee or director | 5 | $0 |
| Daniel R Meachum | VICE CHAIRMAN Trustee or director | 2 | $0 |
| Heyward Damon | CHAIRMAN Trustee or director | 2 | $0 |
| KRISTI HENDERSON | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRANDON PURNSLEY | CFO Trustee or director | 20 | $0 |
| Ashley Christopher | President Trustee or director | 5 | $0 |
| Lorin Dale-Pierce | Secretary Trustee or director | 5 | $0 |
| Daniel R Meachum | Vice Chairman Trustee or director | 2 | $0 |
| Heyward Damon | Chairman Trustee or director | 2 | $0 |
| Kristi Henderson | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1022 COLEMAN ST, WILMINGTON, DE 19805-4825
- Principal officer (990 for 2024)
- ADRIELLE KALE, 1022 COLEMAN STREET, WILMINGTON, DE 19805
- Signed the 990
- ADRIELLE B KALE, CFO
- Phone
- (302) 544-0799
- Website
- WWW.HBCUWEEK.ORG
- Return prepared by
- Redcross Martin and Associates
Mission
THE MISSION OF HBCU WEEK IS TO ENCOURAGE HIGH SCHOOL AGED YOUTH TO ENROLL INTO HBCUS, PROVIDE SCHOLARSHIP DOLLARS FOR MATRICULATION AND SUSTAIN A PIPELINE FOR EMPLOYMENT FROM UNDERGRADUATE SCHOOL TO CORPORATE AMERICA.
Program accomplishments
- HBCU WEEK 2024 - THE FOUNDATION HOSTED HBCU WEEK IN BOTH WILMINGTON, DELAWARE AND ORLANDO, FLORIDA. IN WILMINGTON, THE EVENTS CONSISTED OF A 5K RUN/WALK, A COLLEGE TOUR AT DELAWARE STATE UNIVERSITY FOR MIDDLE SCHOOL STUDENTS,TWO EDUCATIONAL PANELS AT LOCAL HIGH SCHOOLS, A CONCERT, A COLLEGE FAIR AND A BATTLE OF THE BANDS EVENT. IN ORLANDO, THE FOUNDATION HOSTED A WELCOME RECEPTION AND COLLEGE FAIR. INSTITUTIONS PRESENT AT THE COLLEGE FAIR OFFERED 4,450 ON THE SPOT ACCEPTANCES AND 1,448 SCHOLARSHIPS TOTALING APPROXIMATELY $26,719,498.Expenses $945,569 · revenue $920,000
- GALA - IN 2024, THE FOUNDATION HOSTED ITS ANNUAL AWARDS GALA RECOGNIZING HBCU GRADUATES WHO HAVE MADE SIGNIFICANT IMPACT IN THEIR COMMUNITIES. ATTENDEES OF THE EVENT INCLUDED GOVERNMENT OFFICIALS AND OTHER INFLUENTIAL MEMBERS OF THE LOCAL COMMUNITY. THE EVENT RAISED $110,523 IN PROFITS, ALL OF WHICH WAS REINVESTED INTO THE FOUNDATIONS CORE OPERATIONS.Expenses $191,877 · revenue $302,510
- SCHOLARSHIP - THE FOUNDATION ADMINISTERS SEVERAL SCHOLARSHIPS FUNDED BY DONATIONS FROM CORPORATE PARTNERS AND OTHER ORGANIZATIONS. THE FOUNDATION CREATES APPLICATIONS, HOSTS AN APPLICATION PLATFORM, MANAGES THE APPLICATION PROCESS AND DISTRIBUTES FUNDING ALL OF THE SCHOLARSHIPS WITH THE EXCEPTION OF FUTURE OF(STEM) SCHOLARS INITIATIVE.Expenses $779,186 · grants $507,975 · revenue $749,000
- ACTIVITY IS RELATED HBCU WEEKS SMALLER TARGETED PROGRAMS.Expenses $13,015
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-1276996
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $468,784
- Income (IRS master file)
- $2,139,207
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,139,207 | $2,247,060 | $468,784 | IRS |
| 990 | December 2023 | $2,197,225 | $1,921,102 | $595,327 | XML |
| 990 | December 2022 | $2,058,154 | $2,226,398 | $338,938 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-1276996).
Questions about HBCU WEEK FOUNDATION INC
- What is the EIN of HBCU WEEK FOUNDATION INC?
- The employer identification number (EIN) of HBCU WEEK FOUNDATION INC is 85-1276996.
- Is HBCU WEEK FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to HBCU WEEK FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HBCU WEEK FOUNDATION INC 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 HBCU WEEK FOUNDATION INC 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 WEEK FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HBCU WEEK FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names ADRIELLE KALE.
- Who are the officers and directors of HBCU WEEK FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does HBCU WEEK FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,139,207, expenses of $2,247,060 and total assets of $468,784 at year end.
Other nonprofits in WILMINGTON
- ODYSSEY CHARTER SCHOOL INCORPORATED EIN 20-1787299 · last filed 990 for 2025
- HOMER SKELTON CHARITABLE FOUNDATION EIN 62-1578268 · last filed 990-PF for 2024
- TOWER HILL SCHOOL EIN 51-0065745 · last filed 990 for 2025
- GOLDEY BEACOM COLLEGE INC EIN 51-0109178 · last filed 990 for 2025
- LEE INC EIN 20-8848357 · last filed 990 for 2024
- UNIVERSITY OF THE PEOPLE EIN 26-4078735 · last filed 990 for 2025
- TATNALL SCHOOL INC EIN 51-0071443 · last filed 990 for 2025
- KUUMBA ACADEMY CHARTER SCHOOL INC EIN 51-0399911 · last filed 990 for 2025