NIGERIAN AMERICAN MULTICULTURAL CENTER NAMC INC (EIN 450994629) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

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

To provide an interactive platform for the Nigerian and American communities that seeks to promote Nigerian values through history, arts and culture, to enable their pursuit of the American dream.

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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%)

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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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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

$2,436

Highest Compensated

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

NIGERIAN AMERICAN MULTICULTURAL CENTER NAMC INC