Skip to main content

Nonprofit · EIN 85-2010354

MBEF COLLEGE & CAREER ACADEMIES

Tax-exempt · GAITHERSBURG, MD 20877

Financials

$0$229K2021$540K$462K2022$482K$407K2023$885K$759K2024$2M$1.9M2025
Revenue Expenses · by fiscal year end
Financials of MBEF COLLEGE & CAREER ACADEMIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,999,571$1,911,514$88,057$189,773$189,773$0
December 31, 2024990$884,692$758,982$125,710$0$0$0
December 31, 2023990$482,345$406,881$75,464$75,463$27,810$47,653
December 31, 2022990$540,000$461,937$78,063$24,482$1,017$23,465
December 31, 2021990$0$229,176-$229,176$17,113-$745$17,858
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,746,250
of which government grants
$981,161
Program service revenue
$0
Investment income
$1,263
Other revenue
$252,058

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$285,769
Other salaries and wages
$101,923
Salaries, compensation and benefits (total)
$473,544
Professional fundraising fees
$0
Accounting fees
$2,930
Occupancy
$279,086
Travel
$126,940
Program services (functional)
$1,911,514

Balance sheet and other

Total assets, start of year
$165,763
Total assets, end of year
$189,773
Total liabilities, end of year
$189,773
Net assets, end of year
$0
Land, buildings and equipment
$184,043
Gross receipts
$1,911,524
Employees
4
Year formed
2020
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LaChaundra GrahamPresident & CEO
Officer, Highest-paid employee
40$152,423
Tracey CooperVice President & CAO
Officer
40$133,346
990 for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
LaChaundra GrahamPresident & CEO
Officer, Key employee, Highest-paid employee
40$150,500
Tracey CooperVice President & Chief Academic Officer
Officer, Key employee
40$140,500
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Darlene Thomas-PeoplesBoard Member
Trustee or director
1$0
LaChaundra GrahamPresident & CEO
Officer, Key employee, Highest-paid employee
40$0
Tracey CooperVice President & Chief Academic Officer
Officer, Key employee
40$0
Skyler CooperBoard Member
Trustee or director
8$0
Steven FosterBoard Member
Trustee or director
1$0
Shamel RileyBoard Member
Trustee or director
8$0
Crystal WaterBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2022: 2 people
NameTitleHours / weekCompensation
Tracey CooperVice President & CAO
Officer, Key employee
40$0
LaChaundra GrahamPresident & CEO
Officer, Key employee, Highest-paid employee
40$0
990 for the year ended December 31, 2021: 2 people
NameTitleHours / weekCompensation
LaChaundra GrahamPresident & CEO
Key employee, Highest-paid employee
40$0
Tracey CooperVice President & Chief Academic Officer
Key employee
20$0

Address and contacts

Address (IRS master file)
702 RUSSELL AVE STE 440, GAITHERSBURG, MD 20877-0003
In care of
% LACHAUNDRA GRAHAM
Mailing address (990-N for 2020)
1125 West Street Suite 200, Annapolis MD 21401
Principal officer (990 for 2025)
LACHAUNDRA GRAHAM, 702 Russell Avenue Suite 440, Gaithersburg, MD 20877
Principal officer (990-N for 2020)
LACHAUNDRA GRAHAM, 2202 MONTAUK DRIVE, CROFTON MD 21114
Signed the 990
LACHAUNDRA GRAHAM, PRESIDENT & CEO
Phone
(240) 223-1777

Mission

The mission of MBEF College & Career Academies, Inc. is to empower youth through education, career readiness, mentorship, leadership development, financial literacy, and community engagement by providing innovative academic and workforce development opportunities that prepare students for lifelong success.

990 for the year ended December 31, 2025

Program accomplishments

  • MBEF College & Career Academies, Inc. advanced the development and establishment of the MECCA Business Learning Institute (MBLI), an innovative public charter school initiative focused on business education, financial literacy, entrepreneurship, workforce readiness, and career-connected learning opportunities for middle school students. Activities included educational program development, operational planning, curriculum design, community outreach, stakeholder engagement, staffing development, compliance activities, and facility planning in support of school implementation efforts in Maryland and West Virginia.
    Expenses $1,898,707 · revenue $1,883,552

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2010354
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$189,773
Income (IRS master file)
$1,911,524

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,999,571$1,911,514$189,773IRS
990December 2024$884,692$758,982$0XML
990December 2023$482,345$406,881$75,463XML
990December 2022$540,000$461,937$24,482XML
990December 2021$0$229,176$17,113XML
990-N for 2020
Officer: LACHAUNDRA GRAHAM
December 31, 2020≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-2010354).

Questions about MBEF COLLEGE & CAREER ACADEMIES

What is the EIN of MBEF COLLEGE & CAREER ACADEMIES?
The employer identification number (EIN) of MBEF COLLEGE & CAREER ACADEMIES is 85-2010354.
Is MBEF COLLEGE & CAREER ACADEMIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MBEF COLLEGE & CAREER ACADEMIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MBEF COLLEGE & CAREER ACADEMIES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MBEF COLLEGE & CAREER ACADEMIES due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MBEF COLLEGE & CAREER ACADEMIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MBEF COLLEGE & CAREER ACADEMIES?
The 990 for the year ended December 31, 2025 names LACHAUNDRA GRAHAM.
Who are the officers and directors of MBEF COLLEGE & CAREER ACADEMIES?
The 990 for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $152,423 (LaChaundra Graham, President & CEO).
How much revenue does MBEF COLLEGE & CAREER ACADEMIES have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,999,571, expenses of $1,911,514 and total assets of $189,773 at year end.

Other nonprofits in GAITHERSBURG

All nonprofits in GAITHERSBURG · Maryland