NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS INC

EIN: 581735103 501(c)(3) Civil Rights & Advocacy

Atlanta, GA

Total Revenue
$74,159
Total Expenses
$42,514
Total Assets
$247,686
Net Assets
$244,875
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
GA
Principal Officer
Benjamin Shaw
Phone
4043179661
Tax Period
2019-07-01 to 2020-06-30

NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS INC, founded in 1974, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $74K in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $32K, a strong 43% operating margin.

Mission

he mission of the NABA, Inc. Atlanta Chapter is to address the professional needs of its members and to build leaders that shape the future of the accounting and finance profession with an unfaltering commitment to inspire the same in their successors.

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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 (2019)

Revenue Breakdown

Contributions & Grants $52,670
Program Service Revenue $21,489
Investment Income $0
Other Revenue $0
TOTAL REVENUE $74,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,514
Other Expenses $42,514
TOTAL EXPENSES $42,514

Year-over-Year Comparison

2019 2018 Change
Revenue $74,159 $89,371 -0.2%
Expenses $42,514 $85,066 -0.5%
Net Income $31,645 $4,305 +6.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
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
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wendy Hallums Director, Community Affairs 10
Director
$0 $0 $0
Benjamin Shaw Treasurer 0
Director
$0 $0 $0
Ric Sinordo Chapter President 10
Director
$0 $0 $0
Alicia Powell Vice President of Operations 10
Director
$0 $0 $0
Shedric Hobbs Co-Director, Membership 10
Director
$0 $0 $0
Ike Okoronkwo Director, Student Member Services 10
Director
$0 $0 $0
Asha Sullivan Co-Director, Student Member Services 10
Director
$0 $0 $0
Felicia Grant Director, Financial Literacy 10
Director
$0 $0 $0
Sielle Mitchell Co-Director, Community Affairs 10
Director
$0 $0 $0
Nadia Dawed Director, Public Relations 10
Director
$0 $0 $0
Brandon Alexander Co-Director, Student Member Services 10
Director
$0 $0 $0
Peggy Ludaway Advisor 10
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
2020 $74,159 $42,514 $247,686 $31,645
2019 $89,371 $85,066 $210,656 $4,305
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