Civic Intelligence

Namic Inc Group Return

990 • Fiscal year 2018 • EIN 30-0314908

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

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.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$58,338

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 60.8% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

31st percentile

-7.2%

Faster asset growth than 31% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

62%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$274,053

Down $21,309 (-7.2%) from 2017

Net Assets

Down

$274,053

Down $21,309 (-7.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin12th percentile

Revenue

Up

$95,977

Up $36,912 (+62%) from 2017

Expenses

Up

$117,286

Up $69,430 (+145%) from 2017

Net Income

Down

-$21,309

Down $32,518 (-290%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2018

Assets$274,053
Liabilities$0
Net Assets$274,053
Open 2018 Filing

Operations Trend

Revenue Growth94th 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

2018

Revenue$95,977
Expenses$117,286
Net Income-$21,309
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$95,977
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$295,362$274,053▼ $21,309
Total Assets$295,362$274,053▼ $21,309
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$295,362$274,053▼ $21,309
Total Net Assets Fund Balance$295,362$274,053▼ $21,309
Total Liabilities and Net Assets / Fund Balance$295,362$274,053▼ $21,309
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeOtherTotal
A Shuanise WashingtonDirector, President & CEOFT$58,338$58,338

Board Members and Trustees

NameTitle
Joiava PhilpottDirector & Chair
Michelle RiceDirector, Immediate Past Chair
Kevin StephensDirector & Vice-chair
Ann CarlsenDirector
Bill LeeDirector
Cheryl ManleyDirector
Crystal B WashingtonDirector
Danielle WadeDirector
Freddy Rolon JrDirector
Jaime RodriguezDirector
James AndersonDirector
James BrownDirector
Jason WilliamsDirector
Jay GrantDirector
Jerold LambertDirector
Kdane SnowdenDirector
Lisa Williams-fauntroyDirector
Mark DepietroDirector
Mark KangDirector
Michael CooperDirector
Michelle StrongDirector
Navin KamathDirector
Ninoska ZucconiDirector
Psean GuptaDirector
Ebonne RuffinsDirector & Secretary
Pragash PillaiDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,009
Program Service Revenue
$36,968
Investment Income
$0
Other Revenue
$0
All Other Contributions
$51,118
Change in Net Assets
$-21,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,286
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$93,912$0$0$93,912
Travel$9,284$0$0$9,284
Other Expenses$6,081$0$0$6,081
Office Expenses$1,846$0$0$1,846
All Other Expenses$0$557$0$557
Total Functional Expenses$116,729$557$0$117,286
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
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
2019-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A Shuanise Washington
Formed
1980
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
19
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 990, Part IX, Line 24E

“Bank & administrative fees 557. 0. 557. 0.”

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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, IMMEDIATE PAST CHAIR
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
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IRS990/FormationYr01980
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IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt095977
IRS990/GroupExemptionNum03620
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt07891
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A 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.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
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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
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IRS990/OtherExpensesGrp/ProgramServicesAmt36081
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IRS990/OtherExpensesGrp/TotalAmt13874
IRS990/OtherExpensesGrp/TotalAmt2205
IRS990/OtherExpensesGrp/TotalAmt36081
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0A SHUANISE WASHINGTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/Desc0SEMINARS, MEETINGS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990/ScheduleJRequiredInd0false
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/ExplanationTxt9BANK & ADMINISTRATIVE FEES 557. 0. 557. 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 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NAMIC INC
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

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$274,053
Liabilities
$0
Net assets
$274,053
Revenue
$95,977
Expenses
$117,286
Net income
-$21,309
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
2018Detailed filing. Detailed filing data is available for this year.$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
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