Civic Intelligence

National Association of Black Owned Broadcasters

EIN 63-0773764 • 501(c)6 • Washington, DC

Profile

To increase the number of african american owned broadcast stations and to improve the business climate in which they operate

1250 Connecticut Ave NW Suite Apt 7Washington, DC 20036
Siviq Scores

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

Liabilities / Assets

65th percentile

0.14x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

48th percentile

0.03x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

5th percentile

-35%

Higher net margin than 5% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$150,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2023

Asset Growth

3rd percentile

-66%

Faster asset growth than 3% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-46%

Faster revenue growth than 3% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$223,757

Down $425,495 (-66%) from 2022

Liabilities

Flat

$31,552

Flat from 2022

Net Assets

Down

$192,205

Down $425,495 (-69%) from 2022

Operations
Liabilities / Revenue48th percentileNet Margin5th percentile

Revenue

Down

$929,048

Down $785,636 (-46%) from 2022

Expenses

Up

$1,250,436

Up $53,030 (+4.4%) from 2022

Net Income

Down

-$321,388

Down $838,666 (-162%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

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

$800K$600K$400K$200K$0Assets 2021: $32,511Liabilities 2021: $0Net Assets 2021: $32,5112021Assets 2022: $649,252Liabilities 2022: $31,552Net Assets 2022: $617,7002022Assets 2023: $223,757Liabilities 2023: $31,552Net Assets 2023: $192,2052023

Highlighted filing

2023

Assets$223,757
Liabilities$31,552
Net Assets$192,205
Open 2023 Filing

Operations Trend

Revenue Growth3rd percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2021: $152,513Expenses 2021: $145,000Net Income 2021: $7,5132021Revenue 2022: $1,714,684Expenses 2022: $1,197,406Net Income 2022: $517,2782022Revenue 2023: $929,048Expenses 2023: $1,250,436Net Income 2023: -$321,3882023

Highlighted filing

2023

Revenue$929,048
Expenses$1,250,436
Net Income-$321,388
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$223,757
Liabilities
$31,552
Net assets
$192,205
Revenue
$929,048
Expenses
$1,250,436
Net income
-$321,388
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.03$0.19$0.93$1.25$0.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.03$0.62$1.71$1.20$0.52
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.15$0.15$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 1, 2025
Return Version
2023v6.0
Gross Receipts
$929,048
Mission and Program Overview

Mission

To increase the number of african american owned broadcast stations and to improve the business climate in which they operate

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$649,252$223,757▼ $425,495
Rtn Earn Endowment Incm Other Fnds$649,252$192,205▼ $457,047
Total Assets$649,252$223,757▼ $425,495
Liabilities
Other Liabilities-$31,552-
Total Liabilities$0$31,552▲ $31,552
Net Assets / Fund Balance
Total Net Assets Fund Balance$649,252$192,205▼ $457,047
Total Liabilities and Net Assets / Fund Balance$649,252$223,757▼ $425,495
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James L WinstonPresidentFT$150,000$150,000

Board Members and Trustees

NameTitle
Michael CarterVice President
Karen E SladeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$929,048
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$817,323
Change in Net Assets
$-321,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,017,665
Salaries, Compensation, and Employee Benefits$232,771
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$457,841$114,460-$572,301
Other Expenses$154,638$38,660-$193,298
Comp Disqual Persons$120,000$30,000-$150,000
Other Salaries and Wages$49,443$12,361-$61,804
Office Expenses$18,437$4,609-$23,046
Payroll Taxes$16,774$4,193-$20,967
Advertising$16,016$4,004-$20,020
Information Technology$8,141$2,035-$10,176
All Other Expenses$2,170$542-$2,712
Travel$1,154$288-$1,442
Total Functional Expenses$1,000,350$250,086$0$1,250,436
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$31,552
Ppp-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
National Association of Black Owned Broadcasters
EIN
63-0773764
Address
1250 CONNECTICUT AVE NW SUITE APT 7, WASHINGTON, DC 20036
Doing Business As
Nabob

Signing Officer

Name
James L Winston
Title
President
Signed
2025-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James L Winston
Formed
2021
Legal Domicile
Dc
Voting Board Members
4
Independent Board Members
4
Employees
2

Preparer

Firm
Bca Financial
Address
2001 L ST NW SUITE 500, WASHINGTON, DC 20036
Preparer
Michael J Cobb
Phone
2027783440
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section 1, Line 8

“Total revenue for the year equals 929,048”

Raw XML Appendix282 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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J COBB
ReturnHeader/ReturnTs02025-10-01T03:35:00-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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