NABA FOUNDATION INC

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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

2023

Legal Domicile

Principal Officer

GUYLAINE SAINT JUSTE

Phone

3014746222

Tax Period

2023-02-28 to 2023-12-31

NABA FOUNDATION INC, founded in 2023, is a small nonprofit in the Education sector that reported $677K in total revenue in fiscal year 2023.

Mission

OUR MISSION IS TO CLOSE THE BLACK WEALTH GAP THROUGH EDUCATION, EARNINGS, ENTREPRENEURSHIP, ENTERPRISE AND EQUITY.

Program Service Accomplishments

Program 1

NABA FOUNDATION ALSO PLANS TO CONDUCT RESEARCH REGARDING EMPLOYMENT, ENTREPRENEURSHIP, CAREER EDUCATION AND TRAINING, AND OTHER TOPICS, THE RESULTS OF WHICH WILL HELP IMPROVE EXISTING NABA FOUNDATION EDUCATIONAL PROGRAMS WHILE PROVIDING A BODY OF KNOWLEDGE FOR ORGANIZATIONS WITH SIMILAR EDUCATIONAL GOALS. NABA FOUNDATION INTENDS TO CONVENE PHILANTHROPIC ORGANIZATIONS AND RESEARCH INSTITUTIONS AND COLLABORATE TO DEVELOP BEST-IN-CLASS RESEARCH INITIATIVES THAT SUPPORT THESE GOALS.NABA FOUNDATION ALSO PLANS TO MAKE SCHOLARSHIP GRANTS TO STUDENTS. SINCE ITS INCEPTION, NABA HAS PROVIDED MORE THAN $11 MILLION IN SCHOLARSHIP FUNDS TO DESERVING STUDENTS PREPARING TO ENTER VARIOUS ACCOUNTING, FINANCE AND BUSINESS PROFESSIONS. THE NABA FOUNDATION WILL ACT AS AN ADDITIONAL VEHICLE FOR RAISING FUNDS AND DISBURSING SCHOLARSHIP GRANTS TO QUALIFIED STUDENTS IN CONJUNCTION WITH NABA'S EXISTING SCHOLARSHIP PROGRAMS AND BY CREATING NEW PROGRAMS SPECIFIC TO THE FOUNDATION THAT ARE SUPPORTIVE OF NABA'S MISSION. NABA FOUNDATION MAY ALSO SUPPORT OTHER ORGANIZATIONS DEDICATED TO SIMILAR GOALS.

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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 $677,158

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $677,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$677,158	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	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

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
RALPH THOMAS	CHAIR	5.00	Officer Director	$0	$0	$0
TASHA AUSTIN	VICE CHAIR	5.00	Officer Director	$0	$0	$0
KIMI ELLEN	SECRETARY	5.00	Officer Director	$0	$0	$0
ZENAI BROOKS	TREASURER	5.00	Officer Director	$0	$0	$0
STEVEN HARRIS	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$677,158	No data	$677,158	No data