Hbcu Week Foundation Inc
EIN: 851276996 · Wilmington, DE · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.9M |
| Net Assets | $577K |
Is Hbcu Week Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hbcu Week Foundation Inc
Hbcu Week Foundation Inc (EIN: 851276996) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B80. The organization reported total revenue of $2.1M and total assets of $469K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hbcu Week Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hbcu Week Foundation Inc is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 62.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$276K |
| Total Assets | $595K |
| Total Liabilities | $19K |
| Net Assets | $577K |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Hbcu Week Foundation Inc reported a surplus of $276K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Hbcu Week Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 62.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -13.7% | +75.6% |
| 2022 | +75.4% | +130.6% | -26.2% |
| 2021 | +128.9% | +268.4% | +82.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hbcu Week Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hbcu Week Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $276K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Hbcu Week Foundation Inc
Is Hbcu Week Foundation Inc a legitimate charity?
Hbcu Week Foundation Inc (EIN: 851276996) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: A.
How does Hbcu Week Foundation Inc spend its money?
Hbcu Week Foundation Inc reported $2.1M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hbcu Week Foundation Inc tax-deductible?
Hbcu Week Foundation Inc is registered as a tax-exempt nonprofit (EIN: 851276996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hbcu Week Foundation Inc located?
Hbcu Week Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 851276996. It is classified under NTEE code B80.
How many years of IRS 990 filings does Hbcu Week Foundation Inc have?
Hbcu Week Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.1M in total revenue.
Filing History
IRS 990 filing history for Hbcu Week Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Hbcu Week Foundation Inc's revenue has grown by 328.6%, moving from $513K to $2.2M. Total assets increased by 137% over the same period, from $251K to $595K. Total functional expenses rose by 633%, from $262K to $1.9M. In its most recent filing year (2023), Hbcu Week Foundation Inc reported a surplus of $276K, with revenue exceeding expenses. The organization holds $19K in liabilities against $595K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $577K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.9M | $595K | $19K | — | View 990 |
| 2022 | $2.1M | $2.2M | $339K | $38K | — | — |
| 2021 | $1.2M | $966K | $459K | $333 | — | View 990 |
| 2020 | $513K | $262K | $251K | $584 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.9M, and assets of $595K (revenue +6.8% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.2M, and assets of $339K (revenue +75.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $966K, and assets of $459K (revenue +128.9% year-over-year).
- 2020: Revenue of $513K, expenses of $262K, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hbcu Week Foundation Inc:
Data Sources and Methodology
This transparency report for Hbcu Week Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.