NATIONAL ASS FOR EQUAL OPPORTUNITY IN HIGHER EDUCATION

EIN: 237439804 501(c)(3)

WASHINGTON, DC

Total Revenue
$31,414,820
Total Expenses
$336,309
Total Assets
$30,129,917
Net Assets
$30,129,917
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
DC
Principal Officer
LEZLI BASKERVILLE
Phone
2025523300
Tax Period
2022-07-01 to 2023-06-30

NATIONAL ASS FOR EQUAL OPPORTUNITY IN HIGHER EDUCATION, founded in 1969, is a mid-sized nonprofit that reported $31.4M in total revenue in fiscal year 2022. Revenue surged 10611% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31.1M, a strong 99% operating margin.

Mission

TO PROVIDE AN INTERNATIONAL VOICE FOR THE NATIONS HISTORICALLY BLACK COLLEGES AND UNIVERSITIES

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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 (2022)

Revenue Breakdown

Contributions & Grants $31,414,750
Program Service Revenue $0
Investment Income $70
Other Revenue $0
TOTAL REVENUE $31,414,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $70,000
Fundraising Expenses $0
Program Expenses $254,855
Other Expenses $253,663
TOTAL EXPENSES $336,309

Year-over-Year Comparison

2022 2021 Change
Revenue $31,414,820 $293,282 +106.1%
Expenses $336,309 $31,714 +9.6%
Net Income $31,078,511 $261,568 +117.8%
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
5
Independent Members
5
Employees
2
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
1
$70,000
Total Directors
5
$70,000
Key Employees
1
$70,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEZLI BASKERVILLE PRESIDENT CEO 080.00
Officer Director Key Emp
$70,000 $0 $70,000
DR BENJAMIN CHAVIS CHAIR 001.00
Director
$0 $0 $0
DR GEORGE T FRENCH BOARD MEMBER 001.00
Director
$0 $0 $0
DR GLENDA GLOVER PAST CHAIR 001.00
Director
$0 $0 $0
DR ARTHUR THOMAS BOARD MEMBER 001.00
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 $31,414,820 $336,309 $30,129,917 $31,078,511
2022 $293,291 $73,617 $220,285 $219,674
2021 $184,226 $152,518 $67,611 $31,708
2020 $338,332 $296,467 $31,706 $41,865
2018 $1,111,174 $1,010,577 $1,574,598 $100,597
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