NATIONAL ASSOCIATION OF NEGRO BUSINESS AND PROFESS

EIN: 340977363 501(c)(3) Employment

Washington, DC

Total Revenue
$601,868
Total Expenses
$467,002
Total Assets
$466,505
Net Assets
$160,126
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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
1935
Legal Domicile
DC
Phone
2024834206
Tax Period
2024-07-01 to 2025-06-30

NATIONAL ASSOCIATION OF NEGRO BUSINESS AND PROFESS, founded in 1935, is a small nonprofit in the Employment sector that reported $602K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $135K, a strong 22% operating margin.

Mission

TO PROMOTE AND PROTECT THE INTERESTS OF BUSINESS AND PROFESSIONAL WOMEN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $204,815
Program Service Revenue $363,491
Investment Income $0
Other Revenue $33,562
TOTAL REVENUE $601,868

Expense Breakdown

Grants Paid $85,489
Salaries & Benefits $90,464
Fundraising Expenses $358
Program Expenses $162,870
Other Expenses $291,049
TOTAL EXPENSES $467,002

Year-over-Year Comparison

2024 2023 Change
Revenue $601,868 $533,452 +0.1%
Expenses $467,002 $715,400 -0.3%
Net Income $134,866 $-181,948 -1.7%
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
15
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
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR TERRI ONEAL FORD PRESIDENT & CEO 1.00
Officer Director
$0 $0 $0
BARBARA B GLOVER FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRITTANY N MONTGOMERY SECOND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KANESHA K JONES RECORDING SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTINA D MCLEMORE FINANCIAL SECRETARY 1.00
Officer Director
$0 $0 $0
ALYCE FRANKLIN-OWENS TREASURER 1.00
Officer Director
$0 $0 $0
NICOLE T MACON DIRECTOR OF MEMBERSHIP 1.00
Director
$0 $0 $0
ADRIAN BYRD-PINA DIRECTOR OF EDUCATION 1.00
Director
$0 $0 $0
PATRICIA GEORGE MID-ATLANTIC GOVERNOR 1.00
Director
$0 $0 $0
EVELYN STREATER-FRIZZLE NORTHEAST GOVERNOR 1.00
Director
$0 $0 $0
OLLIE GILSTRAP SOUTH CENTRAL GOVERNOR 1.00
Director
$0 $0 $0
NIKKI BAKER SOUTHEAST GOVERNOR 1.00
Director
$0 $0 $0
CARLETTA JACKSON LANE ESQ WESTERN GOVERNOR 1.00
Director
$0 $0 $0
DENISE BLACK-POON NORTH CENTRAL GOVERNOR 1.00
Director
$0 $0 $0
SHARON MARTIN INTERNATIONAL GOVERNOR 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
2025 $601,868 $467,002 $466,505 $134,866
2024 $533,452 $715,400 $323,738 $-181,948
2023 $351,577 $346,352 $658,880 $5,225
2022 $438,245 $411,771 $482,279 $26,474
2021 $422,820 $315,091 $512,518 $107,729
2020 $472,431 $452,895 $375,205 $19,536
2018 $603,339 $539,174 $442,739 $64,165
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