NATIONAL ASSOCIATION OF MINORITY CONTRACTORS INC (EIN 941709851) - 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

1969

Legal Domicile

Principal Officer

WENDELL STEMLEY

Phone

2022961600

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF MINORITY CONTRACTORS INC, founded in 1969, is a small nonprofit in the Community Improvement sector that reported $976K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $495K, a strong 51% operating margin.

Mission

NAMC IS A CONSTRUCTION TRADE ASSOCIATION THAT ASSISTS MEMBERS WITH BUILDING CAPACITY BY PROVIDING ACCESS, ADVOCACY AND CONTRACTOR DEVELOPMENT.

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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 $773,863

Program Service Revenue $98,488

Investment Income $0

Other Revenue $103,690

TOTAL REVENUE $976,041

Expense Breakdown

Grants Paid $0

Salaries & Benefits $115,287

Fundraising Expenses $0

Program Expenses $251,178

Other Expenses $365,783

TOTAL EXPENSES $481,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$976,041	$856,719	+0.1%
Expenses	$481,070	$554,641	-0.1%
Net Income	$494,971	$302,078	+0.6%

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
BRYSON BARNES	Director	10.00	Director	$0	$0	$0
DONELL JOHNSON	Director	10.00	Director	$0	$0	$0
ARIANE KIRKPATRICK	Director	10.00	Director	$0	$0	$0
MAYO MAKINDE	Director	10.00	Director	$0	$0	$0
MONIQUE YOUNG	Treasurer	15.00	Officer Director	$0	$0	$0
KEN MCCRALEY	Director	12.00	Director	$0	$0	$0
CURTIS THOMPSON	Director	10.00	Director	$0	$0	$0
UGO NWAGBARAOCHA	Vice President	5.00	Director	$0	$0	$0
DONNA DIMAGGIO	Secretary	15.00	Officer Director	$0	$0	$0
DEMETRIA BIVENS	Treasurer	10.00	Officer Director	$0	$0	$0
ERNEST ELLIS	Director	10.00	Director	$0	$0	$0
FRANK LEMOS	Director	10.00	Director	$0	$0	$0
MILDRED TOLENTINO	Director	10.00	Director	$0	$0	$0
WENDELL STEMLEY	President	15.00	Officer Director	$0	$0	$0
JAN PRISBY BRYSON	Director	5.00	Director	$0	$0	$0
CHERYL MCKISSACK DANIEL	Director	10.00	Director	$0	$0	$0
GENE E CARTER	Director	10.00	Director	$0	$0	$0
MARIO WAGNER	Director	10.00	Director	$0	$0	$0
RAY GUTIERREZ	Director	10.00	Director	$0	$0	$0
RUBEN MERCADO JR	Director	10.00	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	$976,041	$481,070	$1,992,225	$494,971
2023	$856,719	$554,641	$1,560,053	$302,078
2022	$527,890	$259,690	$1,274,720	$268,200
2021	$559,302	$227,727	$1,046,979	$331,575
2020	$482,860	$266,116	$614,681	$216,744
2019	$547,824	$462,881	$373,788	$84,943
2018	$507,807	$433,320	$288,845	$74,487

NATIONAL ASSOCIATION OF MINORITY CONTRACTORS INC