NATIONAL BLACK MBA ASSOCIATION INC (EIN 237348780) - 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

1970

Legal Domicile

Principal Officer

HENRY B HICKS III

Phone

4042600180

Tax Period

2023-01-01 to 2023-12-31

NATIONAL BLACK MBA ASSOCIATION INC, founded in 1970, is a mid-sized nonprofit in the Community Improvement sector that reported $11.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

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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 $1,778,452

Program Service Revenue $10,076,414

Investment Income $45,199

Other Revenue $46,558

TOTAL REVENUE $11,946,623

Expense Breakdown

Grants Paid $334,445

Salaries & Benefits $2,721,459

Fundraising Expenses $0

Program Expenses $10,012,638

Other Expenses $9,430,294

TOTAL EXPENSES $12,486,198

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,946,623	$10,992,583	+0.1%
Expenses	$12,486,198	$10,979,515	+0.1%
Net Income	$-539,575	$13,068	-42.3%

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

Volunteers

365

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

$64,983

Total Directors

Key Employees

$639,383

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE COLEMAN	CHAIR	2.00	Officer Director	$0	$0	$0
MICHAEL MCNEIL	VICE CHAIR, ADVANCEMENT & DEVELOPMENT	2.00	Officer Director	$0	$0	$0
RENEE HORNE	FINANCE COMMITTEE CHAIR, TREASURER	2.00	Officer Director	$0	$0	$0
BILL BORDEN	VICE CHAIR, LEADERSHIP PROGRAMS & CHAPTER DEVELOPM	2.00	Officer Director	$0	$0	$0
KEVIN D WRIGHT	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL E HAMILTON	BOARD MEMBER	2.00	Director	$0	$0	$0
ORIS R STUART II	BOARD MEMBER	2.00	Director	$0	$0	$0
JASON CAMPBELL	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN WRIGHT	BOARD MEMBER	2.00	Director	$0	$0	$0
ALVIN BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
H BEECHER HICKS III	PRESIDENT & CEO	40.00	Officer	$64,983	$0	$64,983
SHAWN GRAHAM	CHIEF FINANCIAL OFFICER / INTERIM CEO	40.00	Key Emp	$301,117	$0	$301,117
RODERICK DOUTHIT	VP, PARTNER DEVELOPMENT	40.00	Key Emp	$178,928	$0	$178,928
PAULA FONTANA	VP, STRATEGIC PROGRAMMING INITIATIVES	40.00	Key Emp	$159,338	$0	$159,338
MESHEA WEB	DIRECTOR OF HUMAN RESOURCES & CAREER PLACEMENT	40.00	Highest	$126,943	$0	$126,943
ELAINE RICHARDSON	SR. DIRECTOR, CONFERENCE OPERATIONS & SPECIAL EVEN	40.00	Highest	$146,897	$0	$146,897
LAFREDA HENDLEY	DIRECTOR OF MARKETING	40.00	Highest	$111,199	$0	$111,199

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	$11,946,623	$12,486,198	$4,991,568	$-539,575
2022	$10,992,583	$10,979,515	$5,809,540	$13,068
2021	$9,898,454	$9,583,280	$5,577,781	$315,174
2020	$7,095,907	$5,985,413	$5,085,524	$1,110,494

NATIONAL BLACK MBA ASSOCIATION INC