NIGERIAN AMERICAN MULTICULTURAL CENTER NAMC INC

EIN: 450994629 501(c)(3) International Affairs

Houston, TX

Total Revenue
$85,907
Total Expenses
$66,784
Total Assets
$365,370
Net Assets
$362,949
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
TX
Principal Officer
Oluyemi Koyejo
Phone
7135689450
Tax Period
2023-01-01 to 2023-12-31

NIGERIAN AMERICAN MULTICULTURAL CENTER NAMC INC, founded in 2011, is a micro nonprofit in the International Affairs sector that reported $86K in total revenue in fiscal year 2023. The organization ran a surplus of $19K, a strong 22% operating margin.

Mission

Building a unified, vibrant and empowered community of Nigerians and Americans that: 1) promotes excellence in career and business; 2) expands horizons through education, mentorship and civic engagement; and 3) shares the richness of Nigerian and African arts and culture.

Program Service Accomplishments

Program 1
Expenses: $3,233 Revenue: $0

Career Discovery for High School Students - a mentorship program that brings together a diverse panel of young professions to expose high school students to a wide range of careers and foster...

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Career Discovery for High School Students - a mentorship program that brings together a diverse panel of young professions to expose high school students to a wide range of careers and foster mentorship relationships between high school students and young professionals.

Program 2
Expenses: $0 Revenue: $0

College Readiness Program for High School Students - a community development program featuring admissions offers from flagship Texas universities and rich discussions between college and high school...

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College Readiness Program for High School Students - a community development program featuring admissions offers from flagship Texas universities and rich discussions between college and high school students on the college entrance experience and college life. Students that attend are provided with tips on the college admissions process and college readiness.

Program 3
Expenses: $1,205 Revenue: $642

Business and Executive Roundtables - a professional development series that provides an interactive platform between seasoned executives, entrepreneurs and high achieving career professionals.

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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 $41,283
Program Service Revenue $43,357
Investment Income $1,267
Other Revenue $0
TOTAL REVENUE $85,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,436
Fundraising Expenses $3,106
Program Expenses $51,722
Other Expenses $64,348
TOTAL EXPENSES $66,784

Year-over-Year Comparison

2023 2022 Change
Revenue $85,907 $81,236 +0.1%
Expenses $66,784 $49,844 +0.3%
Net Income $19,123 $31,392 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
40

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
11
$0
Total Directors
8
$0
Key Employees
1
$2,436
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebecca Ndebee Admin Manager 10.00
Key Emp
$2,436 $0 $2,436
Mr Ufuoma Ewherido Trustee - Chairman 3
Director
$0 $0 $0
Mr ID Boyejo Trustee - Treasurer 2
Director
$0 $0 $0
Mr Steve Okoroha Trustee - Secretary 2
Director
$0 $0 $0
Mr Tony Henshaw Trustee 2
Director
$0 $0 $0
Mrs Oluseyi Afolabi Trustee 2
Director
$0 $0 $0
Mr Sola Oyinlola Trustee 2
Director
$0 $0 $0
Alh Suraj Seriki Trustee 2
Director
$0 $0 $0
Ms Nkem Okeke Trustee 2
Director
$0 $0 $0
Mr Unwana Nkeme Trustee 3
Officer
$0 $0 $0
Yemi Koyejo President 5
Officer
$0 $0 $0
Abby Kotun VP Public Relations & Special Projects 5
Officer
$0 $0 $0
Kope Babalola VP Finance 2
Officer
$0 $0 $0
Nkechi Odumodu VP Professional Development 3
Officer
$0 $0 $0
Ufuoma Ojumah VP Education & Mentorship 3
Officer
$0 $0 $0
Esther Oluwo VP Membership 3
Officer
$0 $0 $0
Rita Nwajei VP Socials 3
Officer
$0 $0 $0
Edward Disi VP Culture & Community Development 3
Officer
$0 $0 $0
Omonikhefe Aghomon VP Fundraising & Sponsorship 3
Officer
$0 $0 $0
Haila Asanaenyi VP Civic Engagement 3
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $85,907 $66,784 $365,370 $19,123
2022 $81,236 $49,844 $343,781 $31,392
2021 $45,997 $62,173 $318,134 $-16,176
2020 $41,951 $17,573 $336,505 $24,378
2019 $84,426 $42,660 $310,921 $41,766
2018 $73,365 $48,395 $260,301 $24,970
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