Georgia · Nonprofit
HBCU PROMISE INC
HBCU PROMISE INC (Georgia) receives grants from 1 organization whose IRS filings report $38,918 to it, the largest being RAINBOW DREAMS EDUCATIONAL FOUNDATION ($38,918). 0 of them have funded it in more than one year.
- Revenue FY2024
- $95k
- Funders on record
- 1
- Grants received
- $39k
- Net assets
- $-216732
What HBCU Promise Inc does
Mission
We are an active mentoring organization that works directly with our mentees to remove any barriers and obstacles that could hinder the successful completion of college.
As stated on its FY2024 Form 990-EZ.
Programs
The HBCU Promise Inc. continues to fulfill its mission as an active mentoring organization dedicated to removing barriers that hinder African American males from completing college. In 2025, the organization expanded its efforts with the full launch of the HBCU HOPE Initiative, which provides hands-on mentorship, academic support, and access to resources to high school juniors and seniors in Clark County, Nevada. This initiative has become a critical bridge between high school and higher education at an HBCU, ensuring scholars are motivated to graduate and fully equipped to enroll in and complete college at a Historically Black College or University (HBCU). Community Involvement The HBCU Promise Inc. deepened its community engagement by launching the HBCU HOPE Initiative for high-school scholars across the Las Vegas area. The organization: * Partnered with local nonprofits and presented on the power and legacy of HBCUs. * Hosted multiple parent and student meetings, engaging over a dozen families. * Visited several high schools across Nevada to introduce students to HBCU pathways. * Met with local elected representatives and attended community events with scholars. * Participated…
$0 spent0% of program spendingGetting "To" College Program The Getting "To" College Program ensures African American males are supported throughout their transition from high school to college. The HBCU Promise team met regularly with students and parents to discuss financial literacy, emotional wellness, and college readiness. Through the Dynamic Dorm Initiative, the organization provided thousands in need-based support, including brand-new laptops, dorm room essentials, food, and travel assistance, to students attending HBCUs in Alabama, Louisiana, and Washington, D.C. These efforts have helped ensure that financial or logistical barriers do not derail any student's college journey.
$0 spent0% of program spendingGetting "Through" College Program Once enrolled, HBCU Promise Scholars receive ongoing support through academic check-ins, campus visits, and mental health outreach to sustain their success. The organization's signature Everybody Eats Initiative extends the African tradition of breaking bread as a way to nurture community, peace, and purpose. During on-campus dinners, students and mentors engage in open dialogue about their academic and personal journeys, addressing issues of food insecurity and emotional well-being. These gatherings provide both nutritional and psychological support, helping students cope with stress and stay focused on their academic goals. Regular communication between HBCU Promise representatives and parents keeps families informed and empowered. Representatives also collaborate directly with college and university officials to monitor student progress and ensure timely graduation. In partnership with a local charter school, the HBCU Promise High School HOPE Initiative achieved a 100% high school completion and college acceptance rate for its participants, a transformative milestone for the Las Vegas community.
$43,792 spent100% of program spending
The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $43,792.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5k to $2k (−67%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of HBCU PROMISE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 4 reported years ran a deficit.
Leadership and staff
Board chair
Drew L Cannon MBA
Board Chair
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of HBCU PROMISE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
HBCU PROMISE INC draws 100% of its grant income from funders outside Georgia, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HBCU PROMISE INC has grown faster than three-quarters of the 21,859 education nonprofits its size.
this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024
Organizations like HBCU PROMISE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HBCU PROMISE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HBCU PROMISE INC?
- HBCU PROMISE INC (Georgia) receives grants from 1 organization whose IRS filings report $38,918 to it, the largest being RAINBOW DREAMS EDUCATIONAL FOUNDATION ($38,918). 0 of them have funded it in more than one year.
- How many funders does HBCU PROMISE INC have?
- IRS filings report 1 organization giving $38,918 in grants to HBCU PROMISE INC.
- Who is the largest funder of HBCU PROMISE INC?
- RAINBOW DREAMS EDUCATIONAL FOUNDATION is the largest funder on record, with $38,918 in grants. The full list of funders is on this page.
- How can an organization like HBCU PROMISE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds HBCU Promise →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing