National Black Mba Association Philadelphia Chapter is located in Philadelphia, PA. The organization was established in 1990. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Black Mba Association Philadelphia Chapter is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, National Black Mba Association Philadelphia Chapter generated $156.0k in total revenue. All expenses for the organization totaled $118.9k during the year ending 12/2023. While expenses have increased by 100.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO ENHANCE THE PROFESSIONAL GROWTH AND COMPETENCE OF ITS MEMBERS BY ESTABLISHING AND MAINTAINING AN EFFECTIVE INFORMATION AND COMMUNICATION NETWORK.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ciara B Pierce -Current President | 10 | $0 | |
Sharana Worsley - Immediate Past President | 10 | $0 | |
Christina Upsher -Administration Vice President | 10 | $0 | |
Kristen Smith -Operations Vice President | 10 | $0 | |
Kinia Mcgough -Finance Chairman | 10 | $0 | |
Donna Crenshaw -Leaders Of Tomorrow Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,605 |
| Total Program Service Revenue | $21,060 |
| Membership dues | $30,181 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,180 |
| Total Revenue | $156,026 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,386 |
| Other expenses | $112,409 |
| Total expenses | $118,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,626 |
| Other assets | $0 |
| Total assets | $93,626 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,626 |