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Hbcu 20x20 Foundation

EIN 84-2260592 · Welcome, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong92 out of 100GovernanceFair58 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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 weve 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.

Income
$1.3 million
Spending
$910,600
Reserves
7.3 months of spending
Largest source of income
donations and private grants, 73%
Employees
0
Volunteers
2,500
Highest pay
$125,000, svp of programs and partnerships

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 92 out of 100. Higher than 75% of charities in its peer group (employment, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.3 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 31% of income.

  • Income trend

    15 of 15

    Income rose 271% on the year before.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 58 out of 100. Higher than 8% of charities in its peer group (employment, $1m to $10m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. HBCU 20x20 offers paid Fellowship Programs to prepare Black students for partner employers. Rigorous application process and workshops ensure top-tier talent. The curriculum facilitates student placement into jobs or internships post-program.
  2. HBCU 20x20s Mock Interview Program offers virtual practice interviews to HBCU and Black community for professional development.
  3. HBCU 20x20 tour offers professional development career counseling job fairs guest lectures and social activities for students.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.