Civic Intelligence

Namic Inc Group Return

990 • Fiscal year 2017 • EIN 30-0314908

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

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

47th percentile

0.00x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.00x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

83rd percentile

19%

Higher net margin than 83% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

99th percentile

$179,860

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 304.5% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

53rd percentile

3.9%

Faster asset growth than 53% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-53%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$295,362

Up $11,209 (+3.9%) from 2016

Net Assets

Up

$295,362

Up $11,209 (+3.9%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin83rd percentile

Revenue

Down

$59,065

Down $66,095 (-53%) from 2016

Expenses

Down

$47,856

Down $49,197 (-51%) from 2016

Net Income

Down

$11,209

Down $16,898 (-60%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth53rd 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

2017

Assets$295,362
Liabilities$0
Net Assets$295,362
Open 2017 Filing

Operations Trend

Revenue Growth4th 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

2017

Revenue$59,065
Expenses$47,856
Net Income$11,209
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.2
Gross Receipts
$59,065
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$284,153$295,362▲ $11,209
Total Assets$284,153$295,362▲ $11,209
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$284,153$295,362▲ $11,209
Total Net Assets Fund Balance$284,153$295,362▲ $11,209
Total Liabilities and Net Assets / Fund Balance$284,153$295,362▲ $11,209
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eglon Simons--$179,288$1,412$180,700
Eglon SimonsDirector, President & CEOFT-$179,860$179,860

Board Members and Trustees

NameTitle
Michelle RiceDirector & Chair
Kevin StephensDirector & Vice-chair
Ann CarlsenDirector
Belinda Turner PattersonDirector
Bill LeeDirector
Carla MooreDirector
Cheryl ManleyDirector
Crystal B WashingtonDirector
Danielle WadeDirector
Donna Rattley WashingtonDirector
Jaime RodriguezDirector
James AndersonDirector
James BrownDirector
Jay GrantDirector
Jerold LambertDirector
Joiava PhilpottDirector
Kdane SnowdenDirector
Lisa Williams-fauntroyDirector
Mark KangDirector
Michael ArmstrongDirector
Michael CooperDirector
Michelle StrongDirector
Ninoska ZucconiDirector
Oliver DizonDirector
Pragash PillaiDirector
Psean GuptaDirector
Yasmine NdassaDirector
Ebonne RuffinsDirector & Secretary
Mark DepietroDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,365
Program Service Revenue
$43,700
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,365
Change in Net Assets
$11,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,856
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$40,250$0$0$40,250
Travel$1,697$0$0$1,697
Other Expenses$1,687$0$0$1,687
Office Expenses$1,663$0$0$1,663
All Other Expenses$0$23$0$23
Total Functional Expenses$47,833$23$0$47,856
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
A Shuanise Washington
Title
President and CEO
Phone
2125945985
Signed
2018-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A Shuanise Washington
Formed
1980
Legal Domicile
Ny
Voting Board Members
29
Independent Board Members
28
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

“Bank & administrative fees 23. 0. 23. 0.”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR & CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR & VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR, PRESIDENT & CEO
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/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt029
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt059065
IRS990/GroupExemptionNum03620
IRS990/GroupReturnForAffiliatesInd0true
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt028
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A GROUP OF SUBORDINATES (CHAPTERS) AFFILIATED WITH A CENTRAL ORGANIZATION (NAMIC, INC
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0284153
IRS990/NetAssetsOrFundBalancesEOYAmt0295362
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01663
IRS990/OfficeExpensesGrp/TotalAmt01663
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MARKETING & ADVERTISING
IRS990/OtherExpensesGrp/Desc2PRINTING
IRS990/OtherExpensesGrp/Desc3COLLABORATIVE SPONSORSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt01772
IRS990/OtherExpensesGrp/ProgramServicesAmt1693
IRS990/OtherExpensesGrp/ProgramServicesAmt271
IRS990/OtherExpensesGrp/ProgramServicesAmt31687
IRS990/OtherExpensesGrp/TotalAmt01772
IRS990/OtherExpensesGrp/TotalAmt1693
IRS990/OtherExpensesGrp/TotalAmt271
IRS990/OtherExpensesGrp/TotalAmt31687
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0A SHUANISE WASHINGTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/Desc0SEMINARS, MEETINGS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043700
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt039442
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt097053
IRS990/PYProgramServiceRevenueAmt085718
IRS990/PYRevenuesLessExpensesAmt028107
IRS990/PYTotalExpensesAmt097053
IRS990/PYTotalRevenueAmt0125160
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt011209
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt043700
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0179288
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01412
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0EGLON SIMONS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180700
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

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$295,362
Liabilities
$0
Net assets
$295,362
Revenue
$59,065
Expenses
$47,856
Net income
$11,209
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
2017Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$0.59$0.48$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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