National Black Mba Association Raleigh Durham Chapter is located in Morrisville, NC. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Black Mba Association Raleigh Durham 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 12/2021, National Black Mba Association Raleigh Durham Chapter generated $16.9k 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 (9.1%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tasha Jones Board Secretary | 5 | $0 | |
Gwendolyn Reilly VP Of Finance | 5 | $0 | |
Gary Davis VP Of Development | 5 | $0 | |
Shawn Lemon PHD VP Of Univ Relations | 5 | $0 | |
Yvonne Gould VP Of Membership | 5 | $0 | |
Lj Yarborough President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $13,274 |
Total Program Service Revenue | $0 |
Membership dues | $3,594 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $16,868 |
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 | $400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $12,904 |
Total expenses | $15,304 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $26,702 |
Other assets | $0 |
Total assets | $27,845 |
Total liabilities | $110 |
Net assets or fund balances | $27,735 |