NATIONAL ASSOCIATION OF MINORITY CONTRACTORS (EIN 030545260) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF MINORITY CONTRACTORS, founded in 2010, is a small nonprofit in the Education sector that reported $250K in total revenue in fiscal year 2023. Expenses of $283K exceeded revenue, resulting in a 13% operating deficit.

Mission

To prepare and position deserving minority and female owned businesses to win contracts, increase branding visibility, and to expand their client base through relationship development opportunities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $249,703

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $249,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,690

Fundraising Expenses $0

Program Expenses $283,365

Other Expenses $213,675

TOTAL EXPENSES $283,365

Year-over-Year Comparison

	2023	2022	Change
Revenue	$249,703	$239,194	+0.0%
Expenses	$283,365	$144,672	+1.0%
Net Income	$-33,662	$94,522	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rholanda Stanberry	SECRETARY	1.00	Officer Director	$0	$0	$0
Kerry Stewart	TREASURER	1.00	Officer Director	$0	$0	$0
Ernest Ellis Jr	PRESIDENT	1.00	Officer Director	$0	$0	$0
Gail P Mapp	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$249,703	$283,365	$323,010	$-33,662
2022	$239,194	$144,672	$431,627	$94,522
2021	$259,152	$85,726	$337,447	$173,426
2020	$11,848	$49,442	$99,721	$-37,594
2019	$71,781	$58,696	$137,315	$13,085
2018	$86,214	$70,839	$124,301	$15,375

NATIONAL ASSOCIATION OF MINORITY CONTRACTORS