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Nonprofit · EIN 85-1276996

HBCU WEEK FOUNDATION INC

Tax-exempt · WILMINGTON, DE 19805

Financials

$2.2M$1.9M2023$2.1M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of HBCU WEEK FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,139,207$2,247,060-$107,853$468,784$0$468,784
December 31, 2023990$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.

NameTitleHours / weekCompensation
ASHLEY CHRISTOPHERCEO
Trustee or director
20$0
ADRIELLE B KALECFO
Trustee or director
5$0
Lorin Dale-PierceCHIEF LEGAL OFFICER
Trustee or director
5$0
Daniel R MeachumVICE CHAIRMAN
Trustee or director
2$0
Heyward DamonCHAIRMAN
Trustee or director
2$0
KRISTI HENDERSONBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
BRANDON PURNSLEYCFO
Trustee or director
20$0
Ashley ChristopherPresident
Trustee or director
5$0
Lorin Dale-PierceSecretary
Trustee or director
5$0
Daniel R MeachumVice Chairman
Trustee or director
2$0
Heyward DamonChairman
Trustee or director
2$0
Kristi HendersonBoard 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
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.

990 for the year ended December 31, 2024

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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,139,207$2,247,060$468,784IRS
990December 2023$2,197,225$1,921,102$595,327XML
990December 2022$2,058,154$2,226,398$338,938IRS
990December 2021–––IRS
990December 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.

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