ANNAPOLIS, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NATL ORGN FOR THE PROF ADV OF BLACK CHEMISTS & CHEMICAL ENGINEERS, founded in 1975, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.7M exceeded revenue, resulting in a 35% operating deficit.
NOBCChE is a nonprofit dedicated to supporting the academic and professional advancement of students and professionals in chemistry, chemical engineering, and related fields. In FY2024, NOBCChE hosted its national conference in Orlando, Florida, welcoming 802 registered participants. The program featured 137 technical talks, 400 poster presentations, 55 professional and student development workshops, and a STEM Festival for over 100 elementary students. A highlight was the Career and Academic Expo with over 100 universities, companies, and agencies. NOBCChE also celebrated excellence through its prestigious awards luncheons and closing ceremony, where more than 30 awards were presented. In collaboration with the National Science Foundation, the conference included new initiatives such as speed coaching and an innovation tank competition. In total, the event impacted more than 1,200 individuals, advancing NOBCChE's mission to inspire the next generation of STEM leaders.
The National Organization for the Professional Advancement of Black Chemists and Chemical Engineers is a non-profit professional organization dedicated to assisting black and other minority students...
The National Organization for the Professional Advancement of Black Chemists and Chemical Engineers is a non-profit professional organization dedicated to assisting black and other minority students and professionals in fully realizing their potential in academic, professional, and entrepreneurial pursuits in chemistry, chemical engineering, and allied fields. NOBCChE conducts programs locally, regionally and nationally as much as feasible. During the 2022-2023 Fiscal year, NOBCChE held its 50th Annual Meeting in an in-person format September 11-14, 2023 at the Sheraton in New Orleans, Louisiana. Approximately 1122 students, professionals and exhibitors attended the conference and exhibition. The conference was funded by a contribution of registrant fees, exhibition fees, sponsor donations, and grant funds. The meeting had record breaking numbers of attendees at the major luncheons for Winifred-Burks Houck and Percy L. Julian luncheons, which honored Drs. Tyrslai Menyaee' Williams-Carter and Squire J. Booker. The sessions were stellar and including panels on teaching, a career and academic expo, poster prizes for poster presentations, workshops on branding and social media and leadership, scientific communication, and a range of technical talks and Master Scientist sessions. In addition to the NOBCChE annual meeting, we hosted a virtual webinar series on Black inventors from high school to retirees in conjunction with Beyond Benign and the Society of Science through funds received by the Lemelson Foundation. Furthermore, our local chapters (~50) across the country had robust programming on their college campuses and in local city areas and our regional chairs hosted a variety of virtual sessions through collaborations with other societies such as the American Chemical Society for student and professional members. The most noted activity was a Southwest and southeast regional meeting that brought ~150 attendees to Ole Mississippi University and area for scientific and professional development programming.
NOBCChE engaged in various other programs and activities at the regional and local levels and in collaboration with other entities with the expressed purpose to fill the STEM pipeline in general and...
NOBCChE engaged in various other programs and activities at the regional and local levels and in collaboration with other entities with the expressed purpose to fill the STEM pipeline in general and specifically the chemical enterprise pipeline with under-represented groups of students and professionals.
Investment of surplus revenue to fund growth
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,243,832 | $1,165,849 | +0.1% |
| Expenses | $1,679,823 | $1,573,523 | +0.1% |
| Net Income | $-435,991 | $-407,674 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRIDGETTE SHANNON | PRESIDENT | 8 |
Officer
Director
|
$0 | $0 | $0 |
| VICTORIA PARKER | SECRETARY | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Viridiana Herrera | TREASURER | 10 |
Officer
Director
|
$0 | $0 | $0 |
| Sharon Thomas | Board Chair | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Tyrslai Williams | President-Elect | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,243,832 | $1,679,823 | $1,691,530 | $-435,991 |
| 2023 | $1,165,849 | $1,573,523 | $1,620,244 | $-407,674 |
| 2022 | $1,022,629 | $573,356 | $1,525,193 | $449,273 |
| 2021 | $714,435 | $282,451 | $1,085,327 | $431,984 |
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