Central New Jersey Chapter Of The National Black Mba Association Inc

Organization Overview

Central New Jersey Chapter Of The National Black Mba Association Inc is located in Newark, NJ. The organization was established in 1998. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Central New Jersey Chapter Of The National Black Mba Association 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, Central New Jersey Chapter Of The National Black Mba Association Inc generated $31.1k 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 (7.2%) each year. All expenses for the organization totaled $12.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

LEADERS OF TOMORROW- SERVICE: PROGRAM TO DEVELOP LEADERSHIPSKILLS TO HIGH SCHOOL STUDENTS BY INTEGRATING PROFESSIONALDEVELOPMENT INTO THEIR LIFESTLYES. 23 STUDENTS BENEFITED


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$24,638
Total Program Service Revenue$0
Membership dues$0
Investment income $435
Gain or Loss$6,036
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$31,109

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Central New Jersey Chapter Of The National Black Mba Association Inc has recieved totaling $515.

Awarding OrganizationAmount
Crennel Family Foundation

Wilmington, DE

PURPOSE: LEADERS FOR TOMORROW PROGRAM

$500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$15
View Grant Recipient Profile

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