Civic Intelligence

National Association of Investment

EIN 22-2072345 • 501(c)6 • Washington, DC

Profile

To promote the development of specialty finance and investment firms that invest in minority companies for the purpose of aiding in the development of minority businesses.

1300 Pennsylvania Avenue NW 700Washington, DC 20004

www.naicpe.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.04x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.04x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

40th percentile

1.9%

Higher net margin than 40% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$933,962

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

47th percentile

4.4%

Faster asset growth than 47% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-0.7%

Faster revenue growth than 27% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,070,961

Up $212,455 (+4.4%) from 2023

Liabilities

Down

$215,286

Down $24,530 (-10%) from 2023

Net Assets

Up

$4,855,675

Up $236,985 (+5.1%) from 2023

Revenue

Down

$5,917,717

Down $43,099 (-0.7%) from 2023

Expenses

Up

$5,802,905

Up $425,954 (+7.9%) from 2023

Net Income

Down

$114,812

Down $469,053 (-80%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $200,115Liabilities 2011: $72,167Net Assets 2011: $127,9482011Assets 2012: $224,328Liabilities 2012: $332,537Net Assets 2012: -$108,2092012Assets 2013: $296,693Liabilities 2013: $147,721Net Assets 2013: $148,9722013Assets 2014: $559,940Liabilities 2014: $119,072Net Assets 2014: $440,8682014Assets 2015: $664,757Liabilities 2015: $47,274Net Assets 2015: $617,4832015Assets 2016: $972,993Liabilities 2016: $40,629Net Assets 2016: $932,3642016Assets 2017: $1,056,164Liabilities 2017: $42,479Net Assets 2017: $1,013,6852017Assets 2018: $1,352,964Liabilities 2018: $29,598Net Assets 2018: $1,323,3662018Assets 2019: $1,741,606Liabilities 2019: $74,696Net Assets 2019: $1,666,9102019Assets 2020: $2,445,833Liabilities 2020: $114,050Net Assets 2020: $2,331,7832020Assets 2021: $3,267,045Liabilities 2021: $139,808Net Assets 2021: $3,127,2372021Assets 2022: $4,076,477Liabilities 2022: $166,221Net Assets 2022: $3,910,2562022Assets 2023: $4,858,506Liabilities 2023: $239,816Net Assets 2023: $4,618,6902023Assets 2024: $5,070,961Liabilities 2024: $215,286Net Assets 2024: $4,855,6752024

Highlighted filing

2024

Assets$5,070,961
Liabilities$215,286
Net Assets$4,855,675

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2011: $962,8392011Expenses 2012: $1,299,2802012Revenue 2013: $1,055,445Expenses 2013: $798,264Net Income 2013: $257,1812013Revenue 2014: $1,324,452Expenses 2014: $1,032,556Net Income 2014: $291,8962014Revenue 2015: $1,891,315Expenses 2015: $1,714,700Net Income 2015: $176,6152015Revenue 2016: $1,994,882Expenses 2016: $1,680,001Net Income 2016: $314,8812016Revenue 2017: $1,995,646Expenses 2017: $1,914,325Net Income 2017: $81,3212017Revenue 2018: $2,253,218Expenses 2018: $1,943,537Net Income 2018: $309,6812018Revenue 2019: $3,130,844Expenses 2019: $2,787,300Net Income 2019: $343,5442019Revenue 2020: $4,096,647Expenses 2020: $3,431,774Net Income 2020: $664,8732020Revenue 2021: $4,386,610Expenses 2021: $3,602,449Net Income 2021: $784,1612021Revenue 2022: $5,187,229Expenses 2022: $4,301,016Net Income 2022: $886,2132022Revenue 2023: $5,960,816Expenses 2023: $5,376,951Net Income 2023: $583,8652023Revenue 2024: $5,917,717Expenses 2024: $5,802,905Net Income 2024: $114,8122024

Highlighted filing

2024

Revenue$5,917,717
Expenses$5,802,905
Net Income$114,812

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.07$0.22$4.86$5.92$5.80$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.86$0.24$4.62$5.96$5.38$0.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.17$3.91$5.19$4.30$0.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.14$3.13$4.39$3.60$0.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$0.11$2.33$4.10$3.43$0.66
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.07$1.67$3.13$2.79$0.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.03$1.32$2.25$1.94$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.04$1.01$2.00$1.91$0.08
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.04$0.93$1.99$1.68$0.31
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.05$0.62$1.89$1.71$0.18
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.12$0.44$1.32$1.03$0.29
2013Detailed filing. Detailed filing data is available for this year.$0.30$0.15$0.15$1.06$0.80$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.33$0.11$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.07$0.13$0.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$5,917,717
Mission and Program Overview

Mission

To promote the development of specialty finance and investment firms that invest in minority companies for the purpose of aiding in the development of minority businesses.

Represents the interests of diverse-owned alternative investment firms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc$1,855,000$2,005,000▲ $150,000
Investments Other Securities$1,053,059$1,175,258▲ $122,199
Cash and Non-Interest-Bearing Accounts$915,923$821,803▼ $94,120
Savings and Temporary Cash Investments$576,280$587,488▲ $11,208
Accounts Receivable$404,268$403,582▼ $686
Prepaid Expenses and Deferred Charges-$47,500-
Land, Buildings, and Equipment, Net$53,426$29,780▼ $23,646
Total Assets$4,858,506$5,070,961▲ $212,455
Other Assets Total$550$550→ $0
Liabilities
Accounts Payable and Accrued Expenses$175,816$147,036▼ $28,780
Deferred Revenue$64,000$68,250▲ $4,250
Total Liabilities$239,816$215,286▼ $24,530
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,618,690$4,855,675▲ $236,985
Total Net Assets Fund Balance$4,618,690$4,855,675▲ $236,985
Total Liabilities and Net Assets / Fund Balance$4,858,506$5,070,961▲ $212,455

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,000$93,255$118,255
Equipment$4,780$14,921$19,701
Other Securities$1,149,522--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert GreenePresident & CEOFT$550,264$383,698$933,962
Carmen Ortiz-mcgheeChief Operating OfficerFT$361,866$237,207$599,073
Tina McintyreSVP & Chief Financial OfficerFT$289,521$175,994$465,515
Kristen PerlmanVice President, Marketing & InsightsFT$155,290$82,301$237,591
Harland AbrahamVice President, DevelopmentFT$180,402$41,610$222,012
Marissa MahoneySenior Director, Partnerships & AlliancesFT$157,565$15,992$173,557
Marissa MahoneySenior Director, Partnerships & Alli-$131,315$42,242$173,557
Dawn SimmonsMember Services ManagerFT$112,461$30,834$143,295
Jacquaniese WashingtonDirector, Programs & InitiativesFT$127,141$10,537$137,678

Board Members and Trustees

NameTitle
Joseph HaslipChairman
Michael SmartVice Chairman
Charles WillisDirector
Chris AllenDirector
Daphne DufresneDirector
Derek JonesDirector
Fred EbrahemiDirector
Ivelisse SimonDirector
Juan SabaterDirector
Kathlika FontesDirector
Kola OlofinbobaDirector
Maura Reilly KennedyDirector
Philip LoDirector
Tony LeeDirector
Xavier GutierrezSecretary
Lloyd MetzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fruition ConsultingConsulting501 W BROADWAY PLAZA A SUITE, San Diego, CA 92101$305,500
The Loom Collective LLCConsulting1105 BLACKTHORN LANE, Northbrook, IL 60062$140,783
Words Plus NumbersConsulting540 W WEBSTER AVENUE SUITE, Chicago, IL 60614$123,480
Revenue and Support

Revenue Composition

Contributions and Grants
$4,791,295
Program Service Revenue
$1,023,550
Investment Income
$102,872
Other Revenue
$0
All Other Contributions
$2,860,680
Change in Net Assets
$114,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,341,546
Other Expenses$2,461,359
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$2,474,634$438,049-$2,912,683
Fees for Services Other$493,329$87,051-$580,380
Travel$208,723$36,833-$245,556
Other Salaries and Wages$193,079$34,178-$227,257
Payroll Taxes$128,136$22,612-$150,748
Advertising$106,203$18,742-$124,945
Information Technology$58,487$10,328-$68,815
Other Employee Benefits$43,337$7,521-$50,858
Depreciation Depletion$20,099$3,547-$23,646
Office Expenses$17,758$3,133-$20,891
Other Expenses$17,398$3,071-$20,469
Fees for Services Accounting$9,434$1,666-$11,100
Insurance$4,961$876-$5,837
Occupancy$2,805$495-$3,300
Total Functional Expenses$5,127,685$675,220$0$5,802,905
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$1,855,000$2,005,000▲ $150,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members.

Form 990, Part VI, Section A, Line 7A

Organization has members who may elect one or more members of the governing body.

Form 990, Part VI, Section B, Line 11B

The treasurer works with the cfo to ensure the accurate and comprehensive completion of the form 990. The executive committee of the bod, or a member of the executive committee, and/or the cfo, reviews the form 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy applies to the president & ceo and the board of directors (bod). Determination of whether a conflict of interest exists occurs at the executive committee level. Actual conflicts of interests are reviewed first at the executive committee level, then by the entire board of directors. Once a person is determined to have a conflict of interest, the executive committee of the bod will notify that person in question in writing of its conflict of interest finding(s). The executive committee will then convene a special meeting with the party in question to discuss the matter and to give the person the opportunity to respond to the conflict of interest allegation both verbally and in writing. The chairman of the bod will then convene a special meeting of the entire bod to share the executive committee's findings and the minutes from the in-person meeting with the person in question as well as the person in question's written response to the conflict of interest allegation. The bod will deliberate, then determine what penalties and restrictions will be applied to the person in question. The person in question will not participate in any bod meetings that are convened to discuss their respective conflict of interest issue.

Form 990, Part VI, Section B, Line 15

Executive committee reviews salary packages of directors, officers and key employees once a year.

Form 990, Part VI, Section C, Line 19

The organization makes copies of its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Association of Investment
EIN
22-2072345
Phone
2022043001
Address
1300 PENNSYLVANIA AVENUE NW 700, WASHINGTON, DC 20004

Signing Officer

Name
Tina Mcintyre
Title
SVP & Chief Financial Officer
Phone
2022043001
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Mcintyre
Formed
1971
Legal Domicile
Dc
Voting Board Members
17
Independent Board Members
16
Employees
12
Volunteers
16

Preparer

Firm
Sb & Company LLC
Address
10200 GRAND CENTRAL AVE SUITE 250, OWINGS MILLS, MD 21117
Preparer
Pamela Gray
Phone
4105840060
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultant and others: program service expenses 493,329. Management and general expenses 87,051. Fundraising expenses 0. Total expenses 580,380.

Raw XML AppendixShowing 400 of 697 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0REPRESENTS THE INTERESTS OF DIVERSE-OWNED ALTERNATIVE INVESTMENT FIRMS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
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IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT GREENE
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IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL SMART
IRS990/Form990PartVIISectionAGrp/PersonNm3LLOYD METZ
IRS990/Form990PartVIISectionAGrp/PersonNm4XAVIER GUTIERREZ
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IRS990/Form990PartVIISectionAGrp/PersonNm12KATHLIKA FONTES
IRS990/Form990PartVIISectionAGrp/PersonNm13KOLA OLOFINBOBA
IRS990/Form990PartVIISectionAGrp/PersonNm14MAURA REILLY KENNEDY
IRS990/Form990PartVIISectionAGrp/PersonNm15PHILIP LO
IRS990/Form990PartVIISectionAGrp/PersonNm16TONY LEE
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IRS990/Form990PartVIISectionAGrp/PersonNm18TINA MCINTYRE
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IRS990/Form990PartVIISectionAGrp/PersonNm22JACQUANIESE WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm23DAWN SIMMONS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18SVP & CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT, DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT, MARKETING & INSIGHTS
IRS990/Form990PartVIISectionAGrp/TitleTxt21SENIOR DIRECTOR, PARTNERSHIPS & ALLIANCES
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR, PROGRAMS & INITIATIVES
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