NEW YORK CHAPTER NATIONAL BLACK MBA ASSOCIATION INC (EIN 133793940) - 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

1994

Legal Domicile

Principal Officer

NORVILLE BARRINGTON

Phone

2122027544

Tax Period

2023-01-01 to 2023-12-31

NEW YORK CHAPTER NATIONAL BLACK MBA ASSOCIATION INC, founded in 1994, is a small nonprofit in the Civil Rights & Advocacy sector that reported $445K in total revenue in fiscal year 2023. Expenses of $569K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE MISSION OF THE NATIONAL BLACK MBA ASSOCIATION IS TO LEAD IN THE CREATION OF EDUCATIONAL, WEALTH BUILDING, AND GROWTH OPPORTUNITIES FOR THOSE HISTORICALLY UNDERREPRESENTED THROUGHOUT THEIR CAREERS AS STUDENTS, ENTREPRENEURS AND PROFESSIONALS

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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 $444,916

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $444,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $445,577

Other Expenses $568,600

TOTAL EXPENSES $568,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$444,916	$420,920	+0.1%
Expenses	$568,600	$404,274	+0.4%
Net Income	$-123,684	$16,646	-8.4%

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

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
NORVILLE BARRINGTON	PRESIDENT	1.00	Officer	$0	$0	$0
ALICIA SUGGS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
VINA MORRIS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
KEVERN ANDERSON	CHIEF OF STAFF	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$444,916	$568,600	$76,916	$-123,684
2022	$420,920	$404,274	$207,600	$16,646
2021	$237,370	$221,929	$183,954	$15,441

NEW YORK CHAPTER NATIONAL BLACK MBA ASSOCIATION INC