NATIONAL BLACK MBA ASSOCIATION

EIN: 562147304 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$282,044
Total Expenses
$295,793
Total Assets
$32,747
Net Assets
$32,747
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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
NC
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.

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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 $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

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Governance

Voting Members
300
Independent Members
300
Employees
N/A
Volunteers
15

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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