Hbcu 20x20 Foundation
- Assets
- $0.0
- Revenue
- $872.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 07/2019
- Data as of
- 06/2023
- EIN
- 84-2260592
Organization Overview
Hbcu 20x20 Foundation is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hbcu 20x20 Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HBCU 20X20 IS THE WORLDS LARGEST NETWORK FOR HBCU AND BLACK JOB SEEKERS. WE RELENTLESSLY PURSUE OPPORTUNITIES FOR OTHERS BECAUSE WHEN WE ALL WORK TOGETHER ANY AND EVERYTHING IS POSSIBLE. BORN FROM THE IDEA THAT STUDENTS AT HBCU HISTORICALLY BLACK COLLEGES AND UNIVERSITIES DESERVED THE SAME JOB OPPORTUNITIES AND CAREER RESOURCES AS THOSE AT IVY LEAGUE INSTITUTIONS THE COMPANY WAS FOUNDED AS A SOCIAL ENTERPRISE IN 2017 WITH THE GOAL OF EMPLOYING 20,000 HBCU STUDENTS BY YEAR 2020. SINCE THEN WE'VE GROWN EXPONENTIALLY TO A QUALITY OVER QUANTITY APPROACH WITH OVER 25,000 MEMBERS. TODAY WE OWN A RECRUITING PLATFORM TO SHARE OPPORTUNITIES WITH OUR MORE THAN 250 CORPORATE PARTNERS. OUR HBCU 20X20 FOUNDATION SERVES STUDENTS AND ALUMNI FROM ALL 105 HBCUS WITH PROFESSIONAL DEVELOPMENT RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HBCU 20X20 HOSTS PAID FELLOWSHIP PROGRAMS TO ENSURE BLACK STUDENTS ARE ADEQUATELY PREPARED FOR OUR PARTNER EMPLOYERS' OPPORTUNITIES. FELLOWSHIP PROGRAMS GUARANTEE TOP-TIER TALENT DUE TO THE RIGOROUS APPLICATION PROCESS AND WORKSHOPS. THE WORKSHOP CURRICULUM DEVELOPED BY HBCU 20X20 IS USED TO FACILITATE THE PIPELINING OF STUDENTS INTO RECEIVING A JOB OR INTERNSHIP AT THE END OF THE FELLOWSHIP PROGRAM.
THE HBCU 20X20 TOUR ENSURES THAT THOUSANDS OF HBCU STUDENTS EXPERIENCE: PROFESSIONAL DEVELOPMENT WORKSHOPS INTERVIEWING PREPARATION CAREER COUNSELING & EXPLORATION JOB & INTERNSHIP FAIRS LUNCHROOM TAKEOVERS GUEST LECTURE SOCIAL ACTIVATIONS MUSIC GAMES PHOTO BOOTHS PROFESSIONAL PHOTOS AND MORE
NETWORK 2 NETWORTH SHIFTS THE BUSINESS CONNECTION TO A MORE SOCIAL SETTING. SPEED NETWORKING PROVIDES EMPLOYERS WITH THE OPPORTUNITY TO CONNECT DIRECTLY WITH BLACK PROFESSIONALS SEEKING NEW OPPORTUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamya Robinson Chair Of The Board | Trustee | 1 | $0 |
Eloise Pryor Board Mmeber | Trustee | 1 | $0 |
Nicole Tinson CEO | Officer | 50 | $85,000 |
Dennis Johnson SVP Of Programs And Partnerships | 50 | $185,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $450,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,000 |
| Total Program Service Revenue | $422,570 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $872,570 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $270,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,000 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $160,280 |
| Advertising and promotion | $1,598 |
| Office expenses | $151,353 |
| Information technology | $150,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $114,339 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $872,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |