National Association of Minority Mortgag (EIN 814649521) - 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

2016

Legal Domicile

Principal Officer

James Thompson III

Phone

9807228079

Tax Period

2024-01-01 to 2024-12-31

National Association of Minority Mortgag, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $990K in total revenue in fiscal year 2024. The organization ran a surplus of $262K, a strong 26% operating margin.

Mission

The National Association of Minority Mortgage Bankers of America NAMMBA is a national trade association dedicated to the enrichment and betterment of women and minorities who work in the real estate finance industry.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $989,687

Investment Income $0

Other Revenue $0

TOTAL REVENUE $989,687

Expense Breakdown

Grants Paid $0

Salaries & Benefits $538,832

Fundraising Expenses $0

Other Expenses $189,255

TOTAL EXPENSES $728,087

Year-over-Year Comparison

	2024	2023	Change
Revenue	$989,687	N/A	N/A
Expenses	$728,087	N/A	N/A
Net Income	$261,600	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

Independent Members

N/A

Employees

Volunteers

N/A

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
Lathan Turner	Secretary	2.00	Officer Director	$0	$0	$0
Desmond Smith	Director	2.00	Officer Director	$0	$0	$0
Stephen Templeton	Director	2.00	Officer Director	$0	$0	$0
Yolanda Thompson	Treasurer	40.00	Officer	$0	$0	$0
James Thompson III	President	50.00	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
2024	$989,687	$728,087	$261,600	$261,600
2022	$1,439,262	$1,293,235	$483,649	$146,027
2021	$1,570,248	$1,502,936	$337,622	$67,312
2020	$1,354,896	$1,084,586	$270,310	$270,310
2018	$521,620	$490,903	$103,187	$30,717
2017	$211,098	$188,179	$52,430	$22,919

National Association of Minority Mortgag