NATIONAL BLACK MBA ASSOCIATION CLEVELAND CHAPTER

EIN: 311516182 501(c)(3) Education

Beachwood, OH

Total Revenue
$13,002
Total Expenses
$5,982
Total Assets
$187,341
Net Assets
$187,341
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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

Phone
2162850338
Tax Period
2023-01-01 to 2023-12-31

NATIONAL BLACK MBA ASSOCIATION CLEVELAND CHAPTER is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2023. Revenue surged 3793% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 54% operating margin.

Mission

A NONPROFIT PROFESSIONAL MEMBERSHIP ORGANIZATION OF MINORITY GRADUATES WITH MBAs AND OTHER ADVANCE DEGREES, BUS PROFESSIONALS, ENTREPRENEURS

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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 $7,017
Program Service Revenue $0
Investment Income $5,985
Other Revenue $0
TOTAL REVENUE $13,002

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,982
TOTAL EXPENSES $5,982

Year-over-Year Comparison

2023 2022 Change
Revenue $13,002 $334 +37.9%
Expenses $5,982 $3,241 +0.8%
Net Income $7,020 $-2,907 -3.4%
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

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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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAURICE CLARK PRESIDENT 2
Officer
$0 $0 $0
TASHA BOZEMAN VICE PRESIDENT OF OPERATIONS 1
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 $13,002 $5,982 $187,341 $7,020
2022 $334 $3,241 $180,321 $-2,907
2021 $18,330 $5,780 $183,228 $12,550
2020 $24,085 $3,636 $170,678 $20,449
2019 $33,015 $24,551 $150,229 $8,464
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