Civic Intelligence

National Black Mba Association Raleigh Durham Chapter

EIN 56-1887955 • 501(c)3 • Morrisville, NC

Profile

Primary exempt purpose of this organization is to provide educational opportunities to the public/members and scholarships to qualified undergraduate and graduate students pursuing a degree in business or management. The community and general public at large are educated on relevent business topics of the day because we believe education is the key to improving society.

PO Box 824Morrisville, NC 27560

rdublackmba.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

62nd percentile

8.7%

Higher net margin than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

78th percentile

23%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

170%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$26,200

Down $4,267 (-14%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$36,522

Up $6,055 (+20%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin62nd percentile

Revenue

Up

$77,907

Up $11,462 (+17%) from 2023

Expenses

Up

$71,852

Up $11,156 (+18%) from 2023

Net Income

Up

$6,055

Up $306 (+5.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

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

$40K$30K$20K$10K$0Assets 2011: $21,896Liabilities 2011: $3002011Assets 2012: $12,532Liabilities 2012: $2,2202012Assets 2013: $34,434Liabilities 2013: $9752013Assets 2014: $31,398Liabilities 2014: $375Net Assets 2014: $31,0232014Assets 2015: $39,704Liabilities 2015: $400Net Assets 2015: $39,3042015Assets 2016: $25,511Liabilities 2016: $400Net Assets 2016: $25,1112016Assets 2017: $20,239Liabilities 2017: $450Net Assets 2017: $19,7892017Assets 2018: $19,614Liabilities 2018: $525Net Assets 2018: $19,0892018Assets 2019: $23,248Liabilities 2019: $400Net Assets 2019: $22,8482019Assets 2020: $26,681Liabilities 2020: $510Net Assets 2020: $26,1712020Assets 2021: $27,845Liabilities 2021: $110Net Assets 2021: $27,7352021Assets 2022: $24,718Liabilities 2022: $0Net Assets 2022: $24,7182022Assets 2023: $30,467Net Assets 2023: $30,4672023Assets 2024: $26,200Net Assets 2024: $36,5222024

Highlighted filing

2024

Assets$26,200
Liabilities-
Net Assets$36,522
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$100K$50K$0-$50KRevenue 2011: $18,263Expenses 2011: $10,495Net Income 2011: $7,7682011Revenue 2012: $45,371Expenses 2012: $56,655Net Income 2012: -$11,2842012Revenue 2013: $44,834Expenses 2013: $21,687Net Income 2013: $23,1472013Revenue 2014: $42,592Expenses 2014: $45,028Net Income 2014: -$2,4362014Revenue 2015: $32,925Expenses 2015: $24,644Net Income 2015: $8,2812015Revenue 2016: $17,745Expenses 2016: $29,938Net Income 2016: -$12,1932016Revenue 2017: $24,188Expenses 2017: $29,510Net Income 2017: -$5,3222017Revenue 2018: $14,068Expenses 2018: $14,768Net Income 2018: -$7002018Revenue 2019: $21,993Expenses 2019: $18,234Net Income 2019: $3,7592019Revenue 2020: $11,333Expenses 2020: $8,010Net Income 2020: $3,3232020Revenue 2021: $16,868Expenses 2021: $15,304Net Income 2021: $1,5642021Revenue 2022: $24,641Expenses 2022: $27,658Net Income 2022: -$3,0172022Revenue 2023: $66,445Expenses 2023: $60,696Net Income 2023: $5,7492023Revenue 2024: $77,907Expenses 2024: $71,852Net Income 2024: $6,0552024

Highlighted filing

2024

Revenue$77,907
Expenses$71,852
Net Income$6,055
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,200
Liabilities
-
Net assets
$36,522
Revenue
$77,907
Expenses
$71,852
Net income
$6,055
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.2$36.5$77.9$71.9$6.06
2023Detailed filing. Detailed filing data is available for this year.$30.5$30.5$66.4$60.7$5.75
2022Detailed filing. Detailed filing data is available for this year.$24.7$0.00$24.7$24.6$27.7$3.02
2021Detailed filing. Detailed filing data is available for this year.$27.8$0.11$27.7$16.9$15.3$1.56
2020Detailed filing. Detailed filing data is available for this year.$26.7$0.51$26.2$11.3$8.01$3.32
2019Detailed filing. Detailed filing data is available for this year.$23.2$0.40$22.8$22.0$18.2$3.76
2018Detailed filing. Detailed filing data is available for this year.$19.6$0.53$19.1$14.1$14.8$0.70
2017Detailed filing. Detailed filing data is available for this year.$20.2$0.45$19.8$24.2$29.5$5.32
2016Detailed filing. Detailed filing data is available for this year.$25.5$0.40$25.1$17.7$29.9$12.2
2015Detailed filing. Detailed filing data is available for this year.$39.7$0.40$39.3$32.9$24.6$8.28
2014Detailed filing. Detailed filing data is available for this year.$31.4$0.38$31.0$42.6$45.0$2.44
2013Summary only. Only limited summary data is available for this year.$34.4$0.98$44.8$21.7$23.1
2012Summary only. Only limited summary data is available for this year.$12.5$2.22$45.4$56.7$11.3
2011Summary only. Only limited summary data is available for this year.$21.9$0.30$18.3$10.5$7.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$77,907
Mission and Program Overview

Mission

Primary exempt purpose of this organization is to provide educational opportunities to the public/members and scholarships to qualified undergraduate and graduate students pursuing a degree in business or management. The community and general public at large are educated on relevant business topics of the day because we believe education is the key to improving society.

Primary exempt purpose of this organization is to provide educational opportunities to the public/members and scholarships to qualified undergraduate and graduate students pursuing a degree in business or management. The community and general public at large are educated on relevent business topics of the day because we believe education is the key to improving society.

Program Services

DescriptionGrantsExpenses
SINCE ITS INCEPTION IN 1991 THE NBMBAA LEADERS OF TOMORROW (LOT) PROGRAM HAS MENTORED MORE THAN 8000 TALENTED YOUTH ASPIRING TO LEADERSHIP ROLES IN PROFESSIONAL FIELDS. THE LOT PROGRAM IS A COMPREHENSIVE PROGRAMMATIC APPROACH FOR PROVIDING LEADERSHIP DEVELOPMENT TO MIDDLE AND HIGH SCHOOL STUDENTS. THE PROGRAM IS DRIVEN BY MENTORING ACROSS FIVE DEVELOPMENTAL AREAS: LEADERSHIP LIFE SKILLS FINANCIAL LITERACY COLLEGE PREPARATION AND CAREER PREPARATION. THE PROGRAM OFFERS PARTICIPANTS RESOURCES KNOWLEDGE AND OPPORTUNITIES IN THE WAY OF MENTORING RELATIONSHIPS SCHOLARSHIPS AND POTENTIAL INTERNSHIPS.$19,360$19,360
WE WERE GIVEN THE OPPORTUNITY TO OFFER FREE LINKEDIN SUBSCRIPTIONS TO OVER 100 MEMBERS PROVIDING THEM WITH ACCESS TO PROFESSIONAL DEVELOPMENT TOOLS THAT SUPPORT SKILL-BUILDING CAREER ADVANCEMENT AND NETWORKING. THIS INITIATIVE ALSO ENCOURAGES FINANCIAL LITERACY PERSONAL WELLNESS AND INCREASED ACCESS TO ENTREPRENEURIAL OPPORTUNITIES.$18,650$18,650
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROSA WILLIAMS OYENEYEPresidentPT$0--
JENNIFER NELSONVP Of AdministrationPT$0--
DR JAY SABIRVP Of OperationsPT$0--
KYRONE NEBOLISAVP Of MembershipPT$0--
PATRYCE RISPRESSVP Of FinancePT$0--
SHELTON RUSSELLVP Of DevelopmentPT$0--
KATRINA HARRELLSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
National Black Mba Association Raleigh Durham Chapter
EIN
56-1887955
Phone
9192054462
Address
PO BOX 824, MORRISVILLE, NC 27560

Signing Officer

Name
Rosa Williams Oyeneye
Title
Board Chair
Phone
9194246084
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Pak Accounting
Address
1002 VANDORA SPRING RD, SUITE 112, Garner, NC 27529
Preparer
Patryce Rispress
Phone
9194246084
Supplemental Narrative

Additional Explanations

Part I, Line 16

“1) other expenses travel amount 6127 2) other expenses scholarships amount 19360 3) other expenses dues subscriptions amount 19017 4) other expenses insurance amount 972 5) other expenses supplies amount 749 6) other expenses general program expenses amount 5623 7) other expenses gifts amount 1870 8) other expenses meals entertainment amount 7579”

Part II, Line 24

“1) description pledges boy amount 0 eoy amount 3886.24”

Raw XML Appendix175 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP OF ADMINISTRATION
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VP OF MEMBERSHIP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP OF FINANCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VP OF DEVELOPMENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES TO THE PUBLIC/MEMBERS AND SCHOLARSHIPS TO QUALIFIED UNDERGRADUATE AND GRADUATE STUDENTS PURSUING A DEGREE IN BUSINESS OR MANAGEMENT. THE COMMUNITY AND GENERAL PUBLIC AT LARGE ARE EDUCATED ON RELEVENT BUSINESS TOPICS OF THE DAY BECAUSE WE BELIEVE EDUCATION IS THE KEY TO IMPROVING SOCIETY.
IRS990EZ/PrintingPublicationsPostageAmt0285
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SINCE ITS INCEPTION IN 1991 THE NBMBAA LEADERS OF TOMORROW (LOT) PROGRAM HAS MENTORED MORE THAN 8000 TALENTED YOUTH ASPIRING TO LEADERSHIP ROLES IN PROFESSIONAL FIELDS. THE LOT PROGRAM IS A COMPREHENSIVE PROGRAMMATIC APPROACH FOR PROVIDING LEADERSHIP DEVELOPMENT TO MIDDLE AND HIGH SCHOOL STUDENTS. THE PROGRAM IS DRIVEN BY MENTORING ACROSS FIVE DEVELOPMENTAL AREAS: LEADERSHIP LIFE SKILLS FINANCIAL LITERACY COLLEGE PREPARATION AND CAREER PREPARATION. THE PROGRAM OFFERS PARTICIPANTS RESOURCES KNOWLEDGE AND OPPORTUNITIES IN THE WAY OF MENTORING RELATIONSHIPS SCHOLARSHIPS AND POTENTIAL INTERNSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WE WERE GIVEN THE OPPORTUNITY TO OFFER FREE LINKEDIN SUBSCRIPTIONS TO OVER 100 MEMBERS PROVIDING THEM WITH ACCESS TO PROFESSIONAL DEVELOPMENT TOOLS THAT SUPPORT SKILL-BUILDING CAREER ADVANCEMENT AND NETWORKING. THIS INITIATIVE ALSO ENCOURAGES FINANCIAL LITERACY PERSONAL WELLNESS AND INCREASED ACCESS TO ENTREPRENEURIAL OPPORTUNITIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES TRAVEL AMOUNT 6127 2) OTHER EXPENSES SCHOLARSHIPS AMOUNT 19360 3) OTHER EXPENSES DUES SUBSCRIPTIONS AMOUNT 19017 4) OTHER EXPENSES INSURANCE AMOUNT 972 5) OTHER EXPENSES SUPPLIES AMOUNT 749 6) OTHER EXPENSES GENERAL PROGRAM EXPENSES AMOUNT 5623 7) OTHER EXPENSES GIFTS AMOUNT 1870 8) OTHER EXPENSES MEALS ENTERTAINMENT AMOUNT 7579
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11) DESCRIPTION PLEDGES BOY AMOUNT 0 EOY AMOUNT 3886.24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II, LINE 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSA WILLIAMS OYENEYE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum09194246084
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
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ReturnHeader/Filer/EIN0561887955
ReturnHeader/Filer/PhoneNum09192054462
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 112
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum09194246084
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRYCE RISPRESS
ReturnHeader/ReturnTs02025-05-12T12:00:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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