Nigerian American Multicultural Center Namc Inc
- Assets
- $318.1k
- Revenue
- $46.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 45-0994629
Organization Overview
Nigerian American Multicultural Center Namc Inc is located in Houston, TX. The organization was established in 2011. According to its NTEE Classification (Q71) the organization is classified as: International Migration & Refugee Issues, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nigerian American Multicultural Center Namc Inc 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 12/2021, Nigerian American Multicultural Center Namc Inc generated $46.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $62.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN INTERACTIVE PLATFORM FOR THE NIGERIAN AND AMERICAN COMMUNITIES THAT SEEK TO PROMOTE NIGERIAN VALUES THROUGH HISTORY, ARTS AND CULTURE, TO ENABLE THEIR PURSUIT OF THE AMERICAN DREAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREER DISCOVERY FOR HIGH SCHOOL STUDENTS - A MENTORSHIP PROGRAM THAT BRINGS TOGETHER A DIVERSE PANEL OF YOUNG PROFESSIONS TO EXPOSE HIGH SCHOOL STUDENTS TO A WIDE RANGE OF CAREERS AND FOSTER MENTORSHIP RELATIONSHIPS BETWEEN HIGH SCHOOL STUDENTS AND YOUNG PROFESSIONALS.
COLLEGE READINESS PROGRAM FOR HIGH SCHOOL STUDENTS - A COMMUNITY DEVELOPMENT PROGRAM FEATURING ADMISSIONS OFFERS FROM FLAGSHIP TEXAS UNIVERSITIES AND RICH DISCUSSIONS BETWEEN COLLEGE AND HIGH SCHOOL STUDENTS ON THE COLLEGE ENTRANCE EXPERIENCE AND COLLEGE LIFE. STUDENTS THAT ATTEND ARE PROVIDED WITH TIPS ON THE COLLEGE ADMISSIONS PROCESS AND COLLEGE READINESS.
EXECUTIVE ROUNDTABLE SERIES FOR YOUNG PROFESSIONALS - A PROFESSIONAL DEVELOPMENT SERIES THAT PROVIDES YOUNG PROFESSIONALS (YP) A QUARTERLY FORUM TO INTERACT WITH SENIOR AFRICAN (AND OTHER) EXECUTIVES IN THEIR INDUSTRY IN AN INFORMAL ENVIRONMENT TO LEARN HOW THESE SUCCESSFUL EXECUTIVES WERE ABLE TO REACH THE TOP OF THEIR CAREERS. THESE SERIES ENABLE THE YOUNG PROFESSIONALS TO EXPAND THEIR PROFESSIONAL NETWORKS, RECEIVE CAREER INSIGHTS, AND DEVELOP MENTORSHIP RELATIONSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Uche Anigboh Admin Manager | Officer | 15 | $8,307 |
Dr Adekunle Adesina Trustee | Officer | 2 | $0 |
Kope Babalola VP Finance | Officer | 3 | $0 |
Ufuoma Ojumah VP Education And Mentorship | Officer | 3 | $0 |
Kelechukwu Anyanwu Jrr Co-Vp Civic And Community Affairs | Officer | 3 | $0 |
Rita Nwajei VP Socials | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,614 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,659 |
| Total Program Service Revenue | $29,323 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,997 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,307 |
| Compensation of current officers, directors, key employees. | $8,307 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,304 |
| Office expenses | $824 |
| Information technology | $1,117 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,743 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,277 |
| Total functional expenses | $62,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,640 |
| Savings and temporary cash investments | $142,221 |
| Pledges and grants receivable | $1,023 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $39,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $250 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $318,134 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $318,134 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $318,134 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nigerian American Multicultural Center Namc Inc has recieved totaling $25,034.
| Awarding Organization | Amount |
|---|---|
Houston Arts Alliance Houston, TX PURPOSE: General support | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Miles4migrants New Orleans, LA | $1,688,662 | $7,211,372 |
Every Village Houston, TX | $1,075,477 | $2,026,120 |
Amaanah Refugee Services Houston, TX | $604,982 | $1,065,232 |
Dfw Asylum Seeker Housing Network Fort Worth, TX | $257,860 | $286,510 |
Antioch Bridge Of Life Etc Inc Broken Arrow, OK | $100 | $138,442 |
Jonah Project Inc Fort Worth, TX | $15,261 | $75,575 |
Paisleys Pals Grapevine, TX | $0 | $90,000 |
Nigerian American Multicultural Center Namc Inc Houston, TX | $318,134 | $45,997 |
The Rhizome Center For Migrants Houston, TX | $12,448 | $0 |
Louisiana Organization For Refugees And Immigrants Baton Rouge, LA | $69,503 | $59,132 |
Pnp Global Inc Richmond, TX | $29,522 | $0 |
Rio Valley Relief Project Dallas, TX | $44,065 | $0 |