National Black Mba Association Houston Chapter Inc is located in Houston, TX. The organization was established in 1998. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. National Black Mba Association Houston Chapter 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, National Black Mba Association Houston Chapter Inc generated $41.8k 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 (5.6%) each year. All expenses for the organization totaled $45.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) 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
CURRICULUM AND WORKSHOPS ON ACADEMIC IMPROVEMENT, PROFESSIONAL AND PERSONAL DEVELOPMENT AND LEADERSHIP, ONE-ON-ONE AND GROUP MENTORING, CONFERENCE ATTENDANCE AND PARTICIPATION, SCHOLARSHIPS TO GRADUATING SENIORS SELECTED THROUGH AN ESSAY CONTEST, EXPOSURE TO MINORITY BUSINESS PROFESSIONALS THROUGH NETWORKING AND SOCIALIZING, LOT ALUMNI PARTICIPANTS, TRACKING STUDENTS FROM HIGH SCHOOL THROUGH GRADUATE SCHOOL GRADUATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
R Leigh Johnson President | 10 | $0 | |
Marcus Franklin Vice Presidenr | 5 | $0 | |
Latresha Smith Treasurer | 5 | $0 | |
Mike Ondieki Secretary | 5 | $0 | |
Naomi Martin Secretary | 5 | $0 | |
Paige Smith Vice President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $38,950 |
Total Program Service Revenue | $75 |
Membership dues | $0 |
Investment income | $1,610 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,148 |
Total Revenue | $41,783 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $420 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $9,030 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $350 |
Other expenses | $8,423 |
Total expenses | $45,473 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $79,644 |
Other assets | $0 |
Total assets | $213,898 |
Total liabilities | $0 |
Net assets or fund balances | $213,898 |
Over the last fiscal year, we have identified 1 grants that National Black Mba Association Houston Chapter Inc has recieved totaling $59.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |