NAMC INC GREATER HOUSTON CHAPTER

EIN: 141972558 501(c)(3) Community Improvement

HOUSTON, TX

Total Revenue
$255,968
Total Expenses
$163,511
Total Assets
N/A
Net Assets
N/A
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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
2008
Legal Domicile
TX
Principal Officer
Ricky Cortez
Phone
8327971842
Tax Period
2023-01-01 to 2023-12-31

NAMC INC GREATER HOUSTON CHAPTER, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $256K in total revenue in fiscal year 2023. The organization ran a surplus of $92K, a strong 36% operating margin.

Mission

Our vision is 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $255,718
Program Service Revenue $0
Investment Income $0
Other Revenue $250
TOTAL REVENUE $255,968

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $38,171
Program Expenses $4,000
Other Expenses $163,511
TOTAL EXPENSES $163,511

Year-over-Year Comparison

2023 2022 Change
Revenue $255,968 N/A N/A
Expenses $163,511 N/A N/A
Net Income $92,457 N/A N/A
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICKY CORTEZ BOARD CHAIR 6.00
Director
$0 $0 $0
GREG WILLIAMS EXECUTIVE VICE CHAIR 6.00
Officer
$0 $0 $0
RAY GUTIERREZ VICE CHAIR 6.00
Officer
$0 $0 $0
ROGER POMBROL TREASURER 6.00
Officer
$0 $0 $0
HEATHER KELLY SECRETARY 6.00
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
2023 $255,968 $163,511 No data $92,457
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