National Black Mba Association
- Assets
- $46.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 56-2147304
Organization Overview
National Black Mba Association is located in Charlotte, NC. The organization was established in 2000. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education 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 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 12/2022, National Black Mba Association generated $42.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $94.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MENTORING, SCHOLARSHIPS AND MEMBER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Tyrone Ellis President | 10 | $0 | |
Jacynthia Little VP Of Administration | 8 | $0 | |
Eduardo Haynes VP Of Professional Development | 5 | $0 | |
Donisha Freeman VP Of Future Leader Development | 5 | $0 | |
Tonia Woodbury VP Of Strategic Partnerships | 5 | $0 | |
Marsha Smith VP Of Strategic Initiatives | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,781 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,297 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,078 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $435 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,271 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $237 |
| Other expenses | $57,939 |
| Total expenses | $94,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,496 |
| Other assets | $0 |
| Total assets | $46,496 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,496 |