Who we are
The Millionaire in Training (M.I.T) Project is a Tax Exempt 501(c)3 nonprofit organization under the IRS dedicated to equipping youth and underserved communities with the financial knowledge, discipline, and economic tools needed to build wealth, achieve financial independence, and break generational cycles of poverty.
We believe financial education is one of the most powerful tools for personal transformation and community development. Our mission is to ensure individuals and families understand the principles of money, credit, ownership, and wealth-building so they can fully participate in the opportunities available in a free-enterprise economy.
Our philosophy is captured in the words of civil rights leader Andrew Young:
"To live in a system of free enterprise and not understand the rules of free enterprise must be the very definition of slavery."
The M.I.T Project exists to make sure the next generation understands those rules.
Through practical education, mentorship, and real-world financial experiences, we help participants move from financial survival to financial stability—and ultimately toward generational wealth.
Our Initiative:
M.I.T Scholar Program
The M.I.T Scholar Program is our flagship youth development initiative designed to mentor young people and young adults as they prepare for adulthood and financial independence.
Thrive & Build Initiative
The Thrive & Build Initiative is our community-based financial literacy and economic mobility program designed to help individuals, families, and small businesses strengthen their financial futures.
Through workshops, coaching, and practical financial education, participants gain the tools needed to move from financial survival to long-term financial stability.
The initiative also provides financial coaching and CFO-style guidance for entrepreneurs and small business owners, helping them develop stronger budgeting systems, financial strategies, and sustainable growth plans.
In addition, the M.I.T. Project is developing an Ethical Microloan component to expand financial opportunity for individuals who face barriers to traditional banking and lending.
This program combines financial education with responsible access to small-dollar capital, helping participants address immediate financial needs while building healthier financial habits.
Meet The Team
Davonta J. Hughes
Founder/Executive Director
Davonta J. Hughes is the Founder and Executive Director of The Millionaire in Training (M.I.T.) Project and serves as Chief Financial Officer for multiple organizations. A proud San Antonio native and first-generation college graduate, he holds an Associate degree in Business Administration and a Bachelor’s degree in Accounting, bringing years of experience in financial leadership, strategy, and community-focused initiatives. Davonta’s work is rooted in a deep commitment to faith, family, and generational impact. His mission centers on guiding individuals and communities from financial survival to stability and ultimately toward generational wealth. Through practical financial education, strategic planning, and purpose-driven programs, he equips others with the knowledge, discipline, and tools needed to build sustainable financial foundations and long-term prosperity.
Alphonso Hughes Jr.
Executive Director
Alphonso Hughes, Jr. serves as an Executive Director of The Millionaire in Training (M.I.T.) Project and is the founder of Authentic Lifestyle Brand, LLC, a purpose-driven company focused on life coaching, personal training, and community empowerment. With a background in community outreach as a Washington, D.C. Police Officer, pastoral leadership, and volunteer engagement with the American Red Cross, Alphonso has dedicated his life to serving others and strengthening communities. His work centers on helping individuals rediscover purpose, overcome generational barriers, and pursue personal and financial growth. Guided by his motto “ReGroup. ReFocus. ReSet.”, Alphonso is committed to empowering others to live authentically, build wealth, and create lasting impact in their families and communities.
Tre’von R. King
Executive Director
Tre’von R King serves as an Executive Director of The Millionaire in Training (M.I.T.) Project. Tre’von is a driven and community-focused professional with over five years of experience in law enforcement, and over a decade of experience in Nonprofit. Having served with the Washington, DC Metropolitan Police Department. Throughout his career, he has built a reputation for being proactive, disciplined, and deeply committed to the communities he served. His background in outreach and public service has shaped his ability to connect with people from all walks of life, fostering trust and meaningful relationships. Tre’von brings a strong background in Nonprofit and outreach services, where he spent years supporting underserved individuals navigate challenging circumstances.