NATIONAL BLACK MBA ASSOCIATION

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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

1999

Legal Domicile

Principal Officer

Nathan Tyrone Ellis

Tax Period

2023-01-01 to 2023-12-31

NATIONAL BLACK MBA ASSOCIATION, founded in 1999, is a small nonprofit in the Education sector that reported $282K in total revenue in fiscal year 2023.

Mission

Our mission is to increase the number as well as the diversity of successful Blacks in the business community by providing innovative programs to stimulate intellectual and economic growth. Building partnerships with key stakeholders who help facilitate this growth. Increasing awareness and access to graduate management education programs and career opportunities. Developing a pipeline of youth by providing a framework to deploy business practices.

Program Service Accomplishments

Program 1

Expenses: $185,633 Revenue: $0

National Black MBA Association NBMBAA Charlotte chapter is a leader in the community supporting minority small businesses. The award-winning Chapter delivered the second phase of our small business MBA bootcamp seemingly called The Next Level leveraging our MBA membership base as mentors and our strategic partners for content delivery - The Boost Pad Story Now and The Charlotte Black STEM Alliance. Based on learnings from the original bootcamp and comprehensive research The Next Level program extracted specific focus areas from the MBA curriculum that significantly impact underserved small business owners - Digital Marketing Branding Financial Acumen Technology Application and Access to Capital. The program served more than 50 Charlotte area business owners with less than $500k in annual revenues providing training and targeted services for a 12-month period.

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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 $282,044

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $282,044

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,633

Other Expenses $285,793

TOTAL EXPENSES $295,793

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,044	N/A	N/A
Expenses	$295,793	N/A	N/A
Net Income	$-13,749	N/A	N/A

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

300

Independent Members

300

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nathan Tyrone Ellis	President and CEO	15.00	Officer	$0	$0	$0
JaCynthia Little	VP of Administration	10.00	Officer	$0	$0	$0
Andrew Tucker	VP of Finance	10.00	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	$282,044	$295,793	$32,747	$-13,749