Hbcu Scholarship Ride a Nj Nonprofit Corporation
Nonprofit profile at a glance
- EIN
- 884120140
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025
- Location
- Newark, NJ, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $126,913
- Expenses
- $122,318
- Assets
- $22,183
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Hassan Abdus-Sabar (Chair Person)
- Abdul Malik Ali (Co Chair Person)
- Ann Fields (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance education accessibility at Historically Black Colleges and Universities we offer scholarships college-access programs student support and educational opportunities for current and potential HBCU students.
What it reported doing in 2025
Program Title: HBCU Academy and Student Support Program Description: In 2025 the HBCU Scholarship Ride organized educational and student-support initiatives for current and potential HBCU students and community members. These activities encompassed HBCU-focused educational programs college-access outreach student meals program materials transportation and related assistance at various sites. The program aimed to enhance college awareness student growth academic enrichment and access to HBCU educational resources. Around thirty participants benefited from these activities throughout the year.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 32
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.2%; rating input score 67
- Program expense ratio: 69.6%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.6%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 67.2% of revenue deployed · 69.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $85K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.