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Nonprofit · EIN 88-0702719

HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE

Tax-exempt · CLINTON, MD 20735

Financials

$433K$509K2023
Revenue Expenses · by fiscal year end
Financials of HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$433,143$508,874-$75,731$119,018$0$119,018
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$423,759
Program service revenue
$9,159
Investment income
$0
Net income from sales of inventory
$225
Other revenue
$225

Expenses

Grants and similar amounts paid
$220,000
Compensation of officers, directors and key employees
$136,807
Salaries, compensation and benefits (total)
$186,720
Professional fundraising fees
$0
Accounting fees
$1,460
Occupancy
$19,584
Travel
$14,176
Program services (functional)
$374,087
Management and general (functional)
$104,688
Fundraising (functional)
$30,099

Balance sheet and other

Total assets, start of year
$194,749
Total assets, end of year
$119,018
Total liabilities, end of year
$0
Net assets, end of year
$119,018
Net assets without donor restrictions
$119,018
Gross receipts
$433,143
Employees
1
Volunteers
20
Year formed
2021
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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Jahi JonesExecutive Director
Officer
50$173,400$5,202
Kerry McCoyBoard President
Trustee or director, Officer
2$0$0
Nate ParkerVice President
Trustee or director, Officer
2$0$0
Phil ArnoldTreasurer and Secretary
Trustee or director, Officer
2$0$0
Carl AdamsBoard Member
Trustee or director
2$0$0
Lydell HenryBoard Member
Trustee or director
2$0$0
Lydell SargeantBoard Member
Trustee or director
2$0$0
Jason GuytonBoard Member
Trustee or director
2$0$0
Michael WoodBoard Member
Trustee or director
2$0$0
Rhadi FergusonBoard Member
Trustee or director
2$0$0
Michael MoyerAdvisory Board Member
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3202 PISCATAWAY LANDING CT, CLINTON, MD 20735-4565
In care of
% JAHI JONES
Mailing address (990-N for 2022)
137 National Plaza Suite 330, National Harbor MD 20745
Principal officer (990 for 2023)
Jahi Jones, 137 National Plaza Suite 330, National Harbor, MD 20745
Principal officer (990-N for 2022)
Jahi Jones, 3202 Piscataway Landing Court, Clinton MD 20735
Signed the 990
Jahi Jones, Executive Director

Mission

To establish and restore wrestling to Americas historically black colleges and universities and expand access to opportunities created by wrestling for the black community so as to advance social justice and produce black wrestlers and leaders who have the potential to change the trajectory of their families communities and country.

990 for the year ended June 30, 2024

Program accomplishments

  • Provide resources for a NCAA Division I intercollegiate wrestling program. Resources include financial commitment strategic planning and coaches training to ultimately allow student athletes an experience that will cultivate leadership. The HBCU Wrestling Initiative was instrumental in advancing Morgan State Universitys NCAA Division I wrestling program in Year Two 2023-24. The program reached its goal of a full roster with 30 student-athletes including state champions and nationally ranked competitors supported by 9 full NCAA scholarships. Olympic Gold Medalist Kenny Monday continued to lead the program as head coach supported by two full-time assistant coaches ensuring high-level mentorship and leadership development. Facility upgrades including new practice mats locker room renovations and training equipment enhanced the training environment. Community engagement efforts such as hosting nearly 100 participants in the Bears Wrestling Club further fostered youth interest
    Expenses $296,135 · grants $220,000
  • The Black Wall Suite is a program of HBCU Wrestling hosted during the NCAA Wrestling Championships alongside other events that highlight the intersection of wrestling culture and community impact. This exclusive experience brings together donors college administrators community leaders and supporters to celebrate Black excellence and foster connections within the wrestling world. The program kicked off with a memorable event in Tulsa on Black Wall Street setting the tone for its mission to raise awareness and funding. Through networking opportunities and cultural showcases the Black Wall Suite and its accompanying events support the growth of wrestling programs at Historically Black Colleges and Universities advancing HBCU Wrestlings mission to create opportunities for athletes and institutions to thrive.
    Expenses $62,799 · revenue $4,725
  • The HBCU Wrestling Summer Tour hosted on HBCU campuses provides youth from underrepresented communities hands-on training led by accomplished wrestlers and coaches. Camps at Delaware State University and Norfolk State University impacted nearly 200 young athletes including 60 girls at Delaware States all-girls clinic and 130 participants at Norfolk States two-day camp. These events built skills confidence and teamwork while also showcasing the value of NCAA wrestling programs to college administrators. Delaware State was inspired to move forward with adding Division I womens wrestling the first at a Historically Black College furthering opportunities in the sport.
    Expenses $15,153 · revenue $4,659

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
88-0702719
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
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$119,018
Income (IRS master file)
$433,143

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$433,143$508,874$119,018XML
990-N for 2022
Officer: Jahi Jones
June 30, 2023≤ $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 88-0702719).

Questions about HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE

What is the EIN of HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE?
The employer identification number (EIN) of HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE is 88-0702719.
Is HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE 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 HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE?
The 990 for the year ended June 30, 2024 names Jahi Jones.
Who are the officers and directors of HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE?
The 990 for the year ended June 30, 2024 lists 11 people; 1 received compensation from the organization, the highest $173,400 (Jahi Jones, Executive Director).
How much revenue does HISTORICALLY BLACK COLLEGES AND UNIVERSITIES WRESTLING INITIATIVE have?
On its 990 for the year ended June 30, 2024 it reported revenue of $433,143, expenses of $508,874 and total assets of $119,018 at year end.

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