Civic Intelligence

Namic Inc Group Return

990 • Fiscal year 2023 • EIN 30-0314908

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

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

(212) 594-5985

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$46,759

Up $3,009 (+6.9%) from 2022

Net Assets

Up

$46,759

Up $3,009 (+6.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses

Revenue

Down

$31,780

Down $1,147 (-3.5%) from 2022

Expenses

Down

$28,771

Down $22,927 (-44%) from 2022

Net Income

Up

$3,009

Up $21,780 (+116%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$46,759
Liabilities$0
Net Assets$46,759
Open 2023 Filing

Operations Trend

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

2023

Revenue$31,780
Expenses$28,771
Net Income$3,009
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.1
Gross Receipts
$31,780
Mission and Program Overview

Mission

A group of subordinates (chapters) affiliated

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$43,750$46,759▲ $3,009
Total Assets$43,750$46,759▲ $3,009
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$43,750$46,759▲ $3,009
Total Net Assets Fund Balance$43,750$46,759▲ $3,009
Total Liabilities and Net Assets / Fund Balance$43,750$46,759▲ $3,009
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
A Shuanise Washington--$259,385$1,020$260,405
A Shuanise WashingtonDirector, President & CEOFT-$259,385$259,385

Board Members and Trustees

NameTitle
Emory WaltonDirector & Chair
Sandy NunezDirector & Vice Chair
Danielle WadeDirector
Ebonne RuffinsDirector
Glenn GoldsmithDirector
Jason WilliamsDirector
Jerome WestDirector
Nilda GumbsDirector
Nyree WrightDirector
Sandra GarciaDirector
Sheereen RussellDirector
Sonya MiddletonDirector
Freddy Rolon JrDirector, Secretary
Michael AlexanderDirector/assistant Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,262
Program Service Revenue
$23,518
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,856
Change in Net Assets
$3,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,771
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
All Other Expenses$7,956$1,177$0$9,133
Other Expenses$6,485$0$0$6,485
Conferences and Meetings$5,841$0$0$5,841
Travel$225$0$0$225
Total Functional Expenses$27,594$1,177$0$28,771
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 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
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
Michael Alexander
Title
Assistant Treasurer
Phone
2125945985
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Alexander
Formed
1980
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
14
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 which”

Pt VI, Line 12C

“Was compiled and reported to the board.”

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

“Printing 389. 350. 39. 0.”

Form 990, Part IX, Line 24E

“Bank fees 293. 0. 293. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous expenses 8451. 7606. 845. 0.”

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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 WHICH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WAS COMPILED AND REPORTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PRINTING 389. 350. 39. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK FEES 293. 0. 293. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MISCELLANEOUS EXPENSES 8451. 7606. 845. 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 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 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
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
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt043750
IRS990/TotalAssetsEOYAmt046759
IRS990/TotalAssetsGrp/BOYAmt043750
IRS990/TotalAssetsGrp/EOYAmt046759
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt08262
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01177
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027594
IRS990/TotalFunctionalExpensesGrp/TotalAmt028771
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt043750
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt046759
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt027594
IRS990/TotalProgramServiceRevenueAmt023518
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt023518
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt031780
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt043750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt046759
IRS990/TotReportableCompRltdOrgAmt0259385
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt0225
IRS990/TravelGrp/TotalAmt0225
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt050 BROAD STREET SUITE 1801
IRS990/USAddress/CityNm0NEW YORK

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,759
Liabilities
$0
Net assets
$46,759
Revenue
$31,780
Expenses
$28,771
Net income
$3,009
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
2023Detailed filing. Detailed filing data is available for this year.$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
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