Civic Intelligence

National Black Mba Association

EIN 56-2147304 • 501(c)3 • Charlotte, NC

Profile

Our mission is to increase the number as well as the diversity of successful Blacks in the business community by providing innovative programs to stimulate intellectual and economic growth. Building partnerships with key stakeholders who help facilitate this growth. Increasing awareness and access to graduate management education programs and career opportunities. Developing a pipeline of youth by providing a framework to deploy business practices.

PO Box 33562Charlotte, NC 28234-4613

https: www.nbmbaacharlotte.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

8th percentile

-125%

Higher net margin than 8% of similar nonprofits.

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

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 2021

Asset Growth

17th percentile

-53%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

85th percentile

52%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$32,747

Down $13,749 (-30%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$32,747

Down $13,749 (-30%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin8th percentile

Revenue

Up

$282,044

Up $239,966 (+570%) from 2022

Expenses

Up

$295,793

Up $200,911 (+212%) from 2022

Net Income

Up

-$13,749

Up $39,055 (+74%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

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

$150K$100K$50K$0Assets 2012: $24,974Liabilities 2012: $02012Assets 2014: $24,867Liabilities 2014: $02014Assets 2015: $39,522Liabilities 2015: $0Net Assets 2015: $39,5222015Assets 2016: $42,255Liabilities 2016: $0Net Assets 2016: $42,2552016Assets 2017: $40,482Liabilities 2017: $0Net Assets 2017: $40,4822017Assets 2018: $147,125Liabilities 2018: $0Net Assets 2018: $147,1252018Assets 2019: $1Liabilities 2019: $02019Assets 2020: $127,049Liabilities 2020: $0Net Assets 2020: $127,0492020Assets 2021: $99,300Liabilities 2021: $0Net Assets 2021: $99,3002021Assets 2022: $46,496Liabilities 2022: $0Net Assets 2022: $46,4962022Assets 2023: $32,747Liabilities 2023: $0Net Assets 2023: $32,7472023

Highlighted filing

2023

Assets$32,747
Liabilities$0
Net Assets$32,747
Open 2023 Filing

Operations Trend

Revenue Growth85th percentile

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

$300K$200K$100K$0-$100KRevenue 2012: $20,875Expenses 2012: $35,600Net Income 2012: -$14,7252012Revenue 2014: $13,937Expenses 2014: $14,044Net Income 2014: -$1072014Revenue 2015: $25,798Expenses 2015: $23,552Net Income 2015: $2,2462015Revenue 2016: $33,150Expenses 2016: $30,417Net Income 2016: $2,7332016Revenue 2017: $29,315Expenses 2017: $30,978Net Income 2017: -$1,6632017Revenue 2018: $147,225Expenses 2018: $40,582Net Income 2018: $106,6432018Revenue 2019: $65,338Expenses 2019: $55,575Net Income 2019: $9,7632019Revenue 2020: $173,078Expenses 2020: $90,078Net Income 2020: $83,0002020Revenue 2021: $27,692Expenses 2021: $55,441Net Income 2021: -$27,7492021Revenue 2022: $42,078Expenses 2022: $94,882Net Income 2022: -$52,8042022Revenue 2023: $282,044Expenses 2023: $295,793Net Income 2023: -$13,7492023

Highlighted filing

2023

Revenue$282,044
Expenses$295,793
Net Income-$13,749
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$32,747
Liabilities
$0
Net assets
$32,747
Revenue
$282,044
Expenses
$295,793
Net income
-$13,749
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$2.82$2.96$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.42$0.95$0.53
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.28$0.55$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$1.73$0.90$0.83
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.65$0.56$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$1.47$0.41$1.07
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.29$0.31$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.33$0.30$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.26$0.24$0.02
2014Summary only. Only limited summary data is available for this year.$0.25$0.00$0.14$0.14$0.00
2012Summary only. Only limited summary data is available for this year.$0.25$0.00$0.21$0.36$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 16, 2024
Return Version
2023v5.1
Gross Receipts
$282,044
Mission and Program Overview

Mission

Expenses include programs for students, operations, business registration fees, membership dues, conferences, training and meetings.

Our mission is to increase the number as well as the diversity of successful Blacks in the business community by providing innovative programs to stimulate intellectual and economic growth. Building partnerships with key stakeholders who help facilitate this growth. Increasing awareness and access to graduate management education programs and career opportunities. Developing a pipeline of youth by providing a framework to deploy business practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,496$32,747▼ $13,749
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$46,496$32,747▼ $13,749
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$46,496$32,747▼ $13,749
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$46,496$32,747▼ $13,749
Total Liabilities and Net Assets / Fund Balance$46,496$32,747▼ $13,749
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Nathan Tyrone EllisPresident and CEO
JaCynthia LittleVP of Administration
Andrew TuckerVP of Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$282,044
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$21,433
Change in Net Assets
$-13,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,793
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$185,633$64,959$0$250,592
Conferences and Meetings$0$35,201$0$35,201
Grants to Domestic Individuals$0--$10,000
Total Functional Expenses$185,633$100,160$0$295,793
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11B

“Board meetings and General Body meetings.”

Part VI, Section B, Line 18

“Reviewed at Board meetings and General Body meetings.”

Part VI, Section C, Line 19

“Yes. All governing documents and financial statements are made available to all members of the chapter.”

Filing and Contact Details

Filer

Filer Name
National Black Mba Association
EIN
56-2147304
In Care Of
% Nathan Tyrone Ellis
Address
PO BOX 33562, CHARLOTTE, NC 28234-4613

Signing Officer

Name
Nathan Tyrone Ellis
Title
President
Signed
2024-11-16
Discuss with paid preparer
No

Organization Details

Principal Officer
Nathan Tyrone Ellis
Formed
1999
Legal Domicile
Nc
Voting Board Members
300
Independent Board Members
300
Employees
0
Volunteers
15
Supplemental Narrative

Additional Explanations

Part III, line 2

“Grant with the City of Charlotte to support and develop regional minority entrepreneurs small businesses in a MBA boot camp to improve operations.”

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IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Nathan Tyrone Ellis
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13749
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0282044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022781
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0317325
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt020297
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.9544
IRS990ScheduleA/PublicSupportPY170Pct00.00
IRS990ScheduleA/PublicSupportTotal170Amt0302866
IRS990ScheduleA/SubstantialContributorsTotAmt014459
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0282044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022781
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0317325
IRS990ScheduleA/TotalSupportAmt0317325
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Academic Scholarships for two students starting college from our 2023 LOT cohort.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Monthly financial reports reviewed at Board meetings; annual reports issued to National organization; Organizational Bylaws and Documented organizational procedures.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1| Type of grant or assistance:, Number of recipients:, How number of recipients was estimated?:| Academic Scholarships for two students starting college from our 2023 LOT cohort., 2, 10 percent of cohort membership|
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Column (b)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grant with the City of Charlotte to support and develop regional minority entrepreneurs small businesses in a MBA boot camp to improve operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board meetings and General Body meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed at Board meetings and General Body meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Yes. All governing documents and financial statements are made available to all members of the chapter.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Section C, Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt032747
IRS990/TotalAssetsGrp/BOYAmt046496
IRS990/TotalAssetsGrp/EOYAmt032747
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0282044
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100160
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0185633
IRS990/TotalFunctionalExpensesGrp/TotalAmt0295793
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046496
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032747
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0185633
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0282044
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt046496
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032747
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationAssocInd0X

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