National Bankers Association (EIN 520884907) - 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

1927

Legal Domicile

Principal Officer

Nicole Elam

Tax Period

2023-01-01 to 2023-12-31

National Bankers Association, founded in 1927, is a community nonprofit in the Public & Societal Benefit sector that reported $2.2M in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $719K, a strong 33% operating margin.

Mission

To meet the needs of the membership especially minority financial institutions.

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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 $1,510,833

Program Service Revenue $606,355

Investment Income $1,482

Other Revenue $46,410

TOTAL REVENUE $2,165,080

Expense Breakdown

Grants Paid $0

Salaries & Benefits $622,206

Fundraising Expenses $0

Program Expenses $898,314

Other Expenses $823,700

TOTAL EXPENSES $1,445,906

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,165,080	$4,029,508	-0.5%
Expenses	$1,445,906	$1,612,813	-0.1%
Net Income	$719,174	$2,416,695	-0.7%

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

Governance

Voting Members

Independent Members

Employees

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

$372,538

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicole Elam	President & CEO	35.00	Officer	$305,963	$0	$372,538
Michelle Davis	Chief Oper.Officer	40.00		$25,962	$0	$50,770
Robert E James II	Chairman	1.00	Officer Director	$0	$0	$0
Cynthia Day	1st Vice Chair	1.00	Officer Director	$0	$0	$0
B Doyle Mitchell	Treasurer	1.00	Officer Director	$0	$0	$0
Robert Cooper	Secretary	1.00	Officer Director	$0	$0	$0
Dominik Mjartan	At Large	1.00	Director	$0	$0	$0
Evelyn F Smalls	At Large	1.00	Director	$0	$0	$0
Kenneth Kelly	Past Chair	1.00	Director	$0	$0	$0
Patrick Cooper	At Large	1.00	Director	$0	$0	$0
Todd McDonald	2nd Vice Chair	1.00	Director	$0	$0	$0
Travis Kiyota	At Large	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	$2,165,080	$1,445,906	$5,154,341	$719,174
2022	$4,029,508	$1,612,813	$3,829,247	$2,416,695
2020	$627,511	$406,412	$841,485	$221,099
2019	$524,471	$495,297	$327,860	$29,174
2018	$391,858	$433,379	$346,774	$-41,521
2017	$640,849	$646,797	$329,131	$-5,948

National Bankers Association