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MISSION

To foster association, alliance, and access for student success through a partnership of colleges and universities, and community organizations dedicated to the sustainability and growth of HBCUs and African American students in pursuit of Higher Edu

 FORM 1023-EZ for HBCU PROMISE INC

DEMOGRAPHIC

ADDRESS
4480 H S COBB DRIVE STE 609
30080
COUNTY
cobb county, GA
IN CARE OF NAME
KING DUNCAN

ORGANIZATIONAL OVERVIEW & RANKINGS

HBCU PROMISE INC is a based in SMYRNA, GA, focused on Educational Institutions and Related Activities causes , specifically Alliance/Advocacy Organizations. Established in November 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $3,586.00, this ranks 734,122 among 2,656,690 nonprofits nationally (Top 28%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 17,518 out of 84,731 organizations in GA (Top 21%).

In cobb county, GA, the organization ranks 1,401 out of 6,650 nonprofits by assets (Top 21%), while locally in smyrna, it stands at 123 among 707 organizations (Top 17%).

The organization reported annual revenue of $77,914.00, ranking 433,595 nationally (Top 17%) and 11,102 in GA (Top 14%).

Within its specific NTEE classification (B01 - B: Educational Institutions and Related Activities), which includes 6,245 similar organizations, HBCU PROMISE INC ranks 865 in assets (Top 14%) and 512 in revenue (Top 9%).

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B01: Alliance/Advocacy Organizations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$77,914.00
FORM 990 REVENUE AMOUNT
$77,914.00
RULING DATE
11/2020
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$3,586.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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