Civic Intelligence

Namic Inc Group Return

990 • Fiscal year 2016 • EIN 30-0314908

Jan 01, 2016 to Dec 31, 2016 • Filed on May 01, 2017

Organization Profilewww.namic.com
50 Broad StreetNew York, NY 10004

(212) 594-5985

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

86th percentile

22%

Higher net margin than 86% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$179,601

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 143.5% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-26%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$284,153

Up $28,107 (+11%) from 2015

Net Assets

Up

$284,153

Up $28,107 (+11%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin86th percentile

Revenue

Down

$125,160

Down $42,961 (-26%) from 2015

Expenses

Down

$97,053

Down $52,125 (-35%) from 2015

Net Income

Up

$28,107

Up $9,164 (+48%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2015: $256,046Liabilities 2015: $0Net Assets 2015: $256,0462015Assets 2016: $284,153Liabilities 2016: $0Net Assets 2016: $284,1532016Assets 2017: $295,362Liabilities 2017: $0Net Assets 2017: $295,3622017Assets 2018: $274,053Liabilities 2018: $0Net Assets 2018: $274,0532018Assets 2021: $62,521Liabilities 2021: $0Net Assets 2021: $62,5212021Assets 2022: $43,750Liabilities 2022: $0Net Assets 2022: $43,7502022Assets 2023: $46,759Liabilities 2023: $0Net Assets 2023: $46,7592023Assets 2024: $68,037Liabilities 2024: $0Net Assets 2024: $68,0372024

Highlighted filing

2016

Assets$284,153
Liabilities$0
Net Assets$284,153
Open 2016 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2015: $168,121Expenses 2015: $149,178Net Income 2015: $18,9432015Revenue 2016: $125,160Expenses 2016: $97,053Net Income 2016: $28,1072016Revenue 2017: $59,065Expenses 2017: $47,856Net Income 2017: $11,2092017Revenue 2018: $95,977Expenses 2018: $117,286Net Income 2018: -$21,3092018Revenue 2021: $26,513Expenses 2021: $16,918Net Income 2021: $9,5952021Revenue 2022: $32,927Expenses 2022: $51,698Net Income 2022: -$18,7712022Revenue 2023: $31,780Expenses 2023: $28,771Net Income 2023: $3,0092023Revenue 2024: $51,207Expenses 2024: $29,929Net Income 2024: $21,2782024

Highlighted filing

2016

Revenue$125,160
Expenses$97,053
Net Income$28,107
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 1, 2017
Return Version
2016v3.0
Gross Receipts
$125,160
Mission and Program Overview

Mission

A group of subordinates (chapters) affiliated with a central organization (namic, inc ein:84-1488263) whose purposes are to bring attention to multi-ethnic diversity in the communication industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$256,046$284,153▲ $28,107
Total Assets$256,046$284,153▲ $28,107
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$256,046$284,153▲ $28,107
Total Net Assets Fund Balance$256,046$284,153▲ $28,107
Total Liabilities and Net Assets / Fund Balance$256,046$284,153▲ $28,107
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eglon E Simons--$179,288$1,189$180,477
Eglon E SimonsDirector, President & CEOFT-$179,601$179,601

Board Members and Trustees

NameTitle
Michelle RiceDirector & Chair
Kevin StephensDirector & Vice-chair
Ashok SinhaDirector
Belinda Turner PattersonDirector
Carla MooreDirector
Crystal B WashingtonDirector
Danielle WadeDirector
Donna Rattley WashingtonDirector
Jaime RodriguezDirector
James AndersonDirector
James BrownDirector
Jay GrantDirector
Lisa Williams-fauntroyDirector
Mark KangDirector
Michael ArmstrongDirector
Michael CooperDirector
Michelle StrongDirector
Ninoska ZucconiDirector
Oliver DizonDirector
Psean GuptaDirector
Wanda TownsendDirector
Yasmine NdassaDirector
Ebonne RuffinsDirector & Secretary
Mark DepietroDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$39,442
Program Service Revenue
$85,718
Investment Income
$0
Other Revenue
$0
All Other Contributions
$39,442
Change in Net Assets
$28,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$61,633$0$0$61,633
Office Expenses$7,605$0$0$7,605
Other Expenses$4,924$0$0$4,924
All Other Expenses$1,759$1,725$0$3,484
Travel$2,270$0$0$2,270
Total Functional Expenses$95,328$1,725$0$97,053
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
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Namic Inc Group Return
EIN
30-0314908
Phone
2125945985
Address
50 BROAD STREET, NEW YORK, NY 10004

Signing Officer

Name
Eglon Simons
Title
President & CEO
Phone
2125945985
Signed
2017-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eglon Simons
Formed
1980
Legal Domicile
Ny
Voting Board Members
25
Independent Board Members
24
Employees
0
Volunteers
20

Preparer

Firm
Grace Neggie CPA
Address
369 Lexington Avenue Ste 255, New York, NY 10017
Preparer
Grace Neggie
Phone
9174826816
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Members vote for national board of directors.”

Pt VI, Line 7A

“Members vote for national board of directors.”

Pt VI, Line 7B

“Members vote for national board of directors.”

Pt VI, Line 11B

“Form 990 is reviewed by a person designated by the”

Pt VI, Line 11B

“Board before they are filed.”

Pt VI, Line 12C

“Monitoring is done via questionnaire annually.”

Pt VI, Line 2

“Two directors are siblings.”

Pt VI, Line 19

“The governing documents, conflict of interest policy”

Pt VI, Line 19

“And financial statements are available upon request.”

Form 990EZ, Part I, Line 16

“MEETINGS”

Form 990EZ, Part I, Line 16

“SUPPLIES”

Form 990EZ, Part I, Line 16

“SPECIAL EVENTS”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSES”

Form 990, Part IX, Line 24E

“Printing 1759. 1759. 0. 0.”

Form 990, Part IX, Line 24E

“Bank & administrative fees 1725. 0. 1725. 0.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR & CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR & SECRETARY
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IRS990/OtherExpensesGrp/ProgramServicesAmt25710
IRS990/OtherExpensesGrp/ProgramServicesAmt34924
IRS990/OtherExpensesGrp/TotalAmt05885
IRS990/OtherExpensesGrp/TotalAmt15542
IRS990/OtherExpensesGrp/TotalAmt25710
IRS990/OtherExpensesGrp/TotalAmt34924
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0EGLON SIMONS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt040993
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0149178
IRS990/PYProgramServiceRevenueAmt0127128
IRS990/PYRevenuesLessExpensesAmt018943
IRS990/PYTotalExpensesAmt0149178
IRS990/PYTotalRevenueAmt0168121
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt028107
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt085718
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0179288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01189
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0EGLON E SIMONS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180477
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS VOTE FOR NATIONAL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE FOR NATIONAL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE FOR NATIONAL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY A PERSON DESIGNATED BY THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD BEFORE THEY ARE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MONITORING IS DONE VIA QUESTIONNAIRE ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TWO DIRECTORS ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SUPPLIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SPECIAL EVENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OFFICE EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13PRINTING 1759. 1759. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BANK & ADMINISTRATIVE FEES 1725. 0. 1725. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0841488263
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TRADE ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt050 BROAD STREET STE 1801
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010004
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0256046
IRS990/TotalAssetsEOYAmt0284153
IRS990/TotalAssetsGrp/BOYAmt0256046
IRS990/TotalAssetsGrp/EOYAmt0284153
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt039442
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01725
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095328
IRS990/TotalFunctionalExpensesGrp/TotalAmt097053
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$284,153
Liabilities
$0
Net assets
$284,153
Revenue
$125,160
Expenses
$97,053
Net income
$28,107
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.51$0.30$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.00$0.47$0.32$0.29$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$0.33$0.52$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.00$0.63$0.27$0.17$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.00$2.74$0.96$1.17$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.95$0.00$2.95$0.59$0.48$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$1.25$0.97$0.28
2015Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$1.68$1.49$0.19