Nonprofit · EIN 85-3199841
HBCU CARES
Tax-exempt · MONTGOMERY, AL 36104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $853,529 | $603,900 | $249,629 | $786,547 | $744 | $785,803 |
| December 31, 2024 | 990 | $463,977 | $351,962 | $112,015 | $536,173 | $0 | $536,173 |
| December 31, 2023 | 990 | $429,072 | $5,170 | $423,902 | $424,158 | $0 | $424,158 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $851,875
- of which government grants
- $771,875
- Program service revenue
- $0
- Investment income
- $1,654
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $75,100
- Compensation of officers, directors and key employees
- $110,915
- Salaries, compensation and benefits (total)
- $122,586
- Professional fundraising fees
- $0
- Legal fees
- $25,000
- Accounting fees
- $10,920
- Occupancy
- $70,413
- Travel
- $29,290
- Program services (functional)
- $505,147
- Management and general (functional)
- $98,753
Balance sheet and other
- Total assets, start of year
- $536,173
- Total assets, end of year
- $786,547
- Total liabilities, end of year
- $744
- Net assets, end of year
- $785,803
- Net assets with donor restrictions
- $785,803
- Gross receipts
- $853,529
- Employees
- 1
- Volunteers
- 5
- Year formed
- 2020
- State of legal domicile
- AL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Brittany Holloman | Executive Director Officer | 40 | $110,915 | $3,288 |
| Perry Jones | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Julian Grant | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Marsha Morgan | Secretary & Treasurer Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Danielle Kennedy-Jones | Part-Year Executive Director Former | 5 | $59,500 |
| James Aaron Pierre | Part-Year Exectuive Director Former | 5 | $22,897 |
| Terri Reynolds | Part-Year Executive Director Trustee or director | 2 | $0 |
| Perry Jones | President Officer | 2 | $0 |
| Julian Grant | Vice President Officer | 2 | $0 |
| Chasseny Lewis | Board Member Officer | 2 | $0 |
| Helena Duncan | Board Member Officer | 5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Anita Jarman | Executive Director Trustee or director | 20 | $5,000 |
| Terry Reynolds | Interim Director Trustee or director | 2 | $0 |
| Helena Duncan | Board Member Officer | 5 | $0 |
| Perry Jones | President Officer | 2 | $0 |
| Julian Grant | Vice President Officer | 2 | $0 |
| Chasseny Lewis | Board Member Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3 S JACKSON ST, MONTGOMERY, AL 36104-3812
- In care of
- % BRITTANY A HOLLOMAN
- Mailing address (990-N for 2022)
- 10 Court Square Suite 200, Montgomery AL 36104
- Principal officer (990 for 2025)
- Brittany Holloman, 1 Perimeter Park South Ste 100N, Birmingham, AL 35243
- Principal officer (990-N for 2022)
- Anita Jarman, 10 Court Square Suite 200, MONTGOMERY AL 36104
- Signed the 990
- BRITTANY A HOLLOMAN, Executive Director
- Phone
- (205) 821-3024
- Website
- www.hbcucares.org
- Return prepared by
- Hillard Tax & Accounting LLC
Mission
To unite a coalition of Historically Black Colleges, Community Colleges, and Universities to collaboratively harness research, expertise, and programs that create meaningful economic and workforce opportunities.
Program accomplishments
- Innovators Fellowship & Legacy Launchpad is an entrepreneurship and innovation accelerator program designed to support students and recent alumni from Historically Black Colleges and Universities (HBCUs) and Historically Black Community Colleges (HBCCs). The fellowship provides participants with business development training, mentorship, networking opportunities, and access to resources that help transform innovative ideas into viable businesses and community-based solutions. During the program, fellows participate in workshops focused on entrepreneurship, leadership, financial literacy, business planning, and innovation. Participants also receive coaching from industry professionals and have opportunities to pitch their ventures for seed funding and other support.Expenses $84,500
- State Agency Talent Pipeline - The State Agency Talent Pipeline Grant Initiative is a workforce development program designed to strengthen connections between Alabama state agencies and students attending Historically Black Colleges and Universities (HBCUs) and Historically Black Community Colleges (HBCCs). Through institutional grants and strategic partnerships, the initiative supports career fairs, professional development workshops, internship opportunities, employer engagement activities, and workforce readiness programming. The program helps students gain exposure to careers in state government while assisting agencies in recruiting and developing a diverse and highly skilled workforce. By creating pathways to employment and increasing awareness of public sector career opportunities, the initiative advances HBCU C.A.R.E.S. mission of workforce development, economic empowerment, and expanding opportunities for students across Alabama.Expenses $75,000
- Birmingham Executive Class - The Executive Director participated in the Birmingham Executive Class through Momentum Leaders, a professional development and leadership training program designed to strengthen executive leadership, strategic planning, community engagement, and organizational effectiveness. The program provided opportunities for leadership development, peer learning, and collaboration with professionals from diverse sectors across Alabama. Participation in the program enhanced the Executive Directors ability to lead HBCU C.A.R.E.S., strengthen partnerships, expand organizational capacity, and advance the organizations mission of supporting workforce development, educational opportunity, and economic growth throughout the state.Expenses $6,000
- All other program costs incurred to carry out its mission.Expenses $339,647
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 | 990 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
- 85-3199841
- 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 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $786,547
- Income (IRS master file)
- $853,529
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $853,529 | $603,900 | $786,547 | XML |
| 990 | December 2024 | $463,977 | $351,962 | $536,173 | XML |
| 990 | December 2023 | $429,072 | $5,170 | $424,158 | XML |
| 990-N for 2022 Officer: Anita Jarman | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 85-3199841).
Questions about HBCU CARES
- What is the EIN of HBCU CARES?
- The employer identification number (EIN) of HBCU CARES is 85-3199841.
- Is HBCU CARES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to HBCU CARES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HBCU CARES 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 CARES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HBCU CARES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HBCU CARES?
- The 990 for the year ended December 31, 2025 names Brittany Holloman.
- Who are the officers and directors of HBCU CARES?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $110,915 (Brittany Holloman, Executive Director).
- How much revenue does HBCU CARES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $853,529, expenses of $603,900 and total assets of $786,547 at year end.
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All nonprofits in MONTGOMERY · Alabama · Community improvement and capacity building