National Black Mba Association
- Assets
- $271.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/1999
- Data as of
- 12/2021
- EIN
- 58-2484039
Organization Overview
National Black Mba Association is located in Atlanta, GA. The organization was established in 1999. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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 12/2021, National Black Mba Association generated $129.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $180.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 4 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Marshall VP Of Communications | Officer | 0 | $0 |
Chandra Gaines VP Of Operations | Officer | 0 | $0 |
Tamara Mclaurin VP Of Records | Officer | 0 | $0 |
Jennifer Christain VP Of Administration | Officer | 0 | $0 |
Travis Townsend President | Officer | 0 | $0 |
Sonya Stallings Ward Immediate Past President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $47,204 |
| Membership dues | $55,186 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $27,000 |
| Total Revenue | $129,390 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $180,125 |
| Total expenses | $180,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $271,695 |
| Other assets | $0 |
| Total assets | $271,695 |
| Total liabilities | $0 |
| Net assets or fund balances | $271,695 |