HBCU WEEK FOUNDATION INC (EIN 851276996) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

BRANDON PURNSLEY

Phone

3025440799

Tax Period

2023-01-01 to 2023-12-31

HBCU WEEK FOUNDATION INC, founded in 2020, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Expenses of $1.9M left a modest 13% surplus.

Mission

The mission of HBCU Week is to encourage high school aged youth to enroll into HBCU's, provide scholarship dollars for matriculation and sustain a pipline for employtment from undergradute school to corp

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,883,819

Program Service Revenue $313,406

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,197,225

Expense Breakdown

Grants Paid $381,061

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,499,343

Other Expenses $1,540,041

TOTAL EXPENSES $1,921,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,197,225	$2,058,154	+0.1%
Expenses	$1,921,102	$2,226,398	-0.1%
Net Income	$276,123	$-168,244	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON PURNSLEY	CFO	20.00	Director	$0	$0	$0
Ashley Christopher	President	5.00	Director	$0	$0	$0
Lorin Dale-Pierce	Secretary	5.00	Director	$0	$0	$0
Daniel R Meachum	Vice Chairman	2.00	Director	$0	$0	$0
Heyward Damon	Chairman	2.00	Director	$0	$0	$0
Kristi Henderson	Board Member	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,197,225	$1,921,102	$595,327	$276,123
2022	$2,058,154	$2,226,398	$338,938	$-168,244
2021	$1,173,673	$965,569	$459,043	$208,104
2020	$512,681	$262,075	$251,190	$250,606

HBCU WEEK FOUNDATION INC