NAMIC INC GROUP RETURN

EIN: 300314908

NEW YORK, NY

Total Revenue
$31,780
Total Expenses
$28,771
Total Assets
$46,759
Net Assets
$46,759
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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
1980
Legal Domicile
NY
Principal Officer
MICHAEL ALEXANDER
Phone
2125945985
Tax Period
2023-01-01 to 2023-12-31

NAMIC INC GROUP RETURN, founded in 1980, is a micro nonprofit that reported $32K in total revenue in fiscal year 2023. Expenses of $29K left a modest 9% surplus.

Mission

A GROUP OF SUBORDINATES (CHAPTERS) AFFILIATED WITH A CENTRAL ORGANIZATION (NAMIC, INC EIN:84-1488263) WHOSE PURPOSES ARE TO BRING ATTENTION TO MULTI-ETHNIC DIVERSITY IN THE COMMUNICATION INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $27,594 Revenue: $23,518

PROMOTING, IMPROVING, ENHANCING DIVERSITY WITHIN THE TELECOMMUNICATIONS INDUSTRY, PROVIDING LEADERSHIP, AND TO FACILITATE MANAGEMENT EDUCATION AND INCREASE THE STATUS AND ACHIEVEMENT OF PEOPLE OF...

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PROMOTING, IMPROVING, ENHANCING DIVERSITY WITHIN THE TELECOMMUNICATIONS INDUSTRY, PROVIDING LEADERSHIP, AND TO FACILITATE MANAGEMENT EDUCATION AND INCREASE THE STATUS AND ACHIEVEMENT OF PEOPLE OF COLOR.

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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 $8,262
Program Service Revenue $23,518
Investment Income $0
Other Revenue $0
TOTAL REVENUE $31,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,594
Other Expenses $28,771
TOTAL EXPENSES $28,771

Year-over-Year Comparison

2023 2022 Change
Revenue $31,780 $32,927 0.0%
Expenses $28,771 $51,698 -0.4%
Net Income $3,009 $-18,771 -1.2%
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
15
Independent Members
14
Employees
N/A
Volunteers
20

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
5
$259,385
Total Directors
15
$259,385
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMORY WALTON DIRECTOR & CHAIR 1.00
Officer Director
$0 $0 $0
SANDY NUNEZ DIRECTOR & VICE CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL ALEXANDER DIRECTOR/ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
A SHUANISE WASHINGTON DIRECTOR, PRESIDENT & CEO 40.00
Officer Director
$0 $0 $259,385
FREDDY ROLON JR DIRECTOR, SECRETARY 1.00
Officer Director
$0 $0 $0
GLENN GOLDSMITH DIRECTOR 1.00
Director
$0 $0 $0
SANDRA GARCIA DIRECTOR 1.00
Director
$0 $0 $0
SONYA MIDDLETON DIRECTOR 1.00
Director
$0 $0 $0
NILDA GUMBS DIRECTOR 1.00
Director
$0 $0 $0
EBONNE RUFFINS DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE WADE DIRECTOR 1.00
Director
$0 $0 $0
JASON WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
SHEEREEN RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
JEROME WEST DIRECTOR 1.00
Director
$0 $0 $0
NYREE WRIGHT DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $31,780 $28,771 $46,759 $3,009
2022 $32,927 $51,698 $43,750 $-18,771
2021 $26,513 $16,918 $62,521 $9,595
2018 $95,977 $117,286 $274,053 $-21,309
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