Civic Intelligence

Namic Inc

EIN 84-1488263 • 501(c)6 • New York, NY

View Organization Page

Profile

Namic inc is a not-for-profit trade association that educates, advocates and empowers for multi-ethnic diversity in the communications industry. It cultivates individual careers as well as partnering with our countrys leading media companies who are committed to advancing the business case for diversity.

114 John Street Pobox 951New York, NY 10272

www.namic.com

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.69x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.33x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

10th percentile

-15%

Higher net margin than 10% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

5th percentile

-26%

Faster asset growth than 5% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-5.7%

Faster revenue growth than 17% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$1,441,752

Down $503,046 (-26%) from 2023

Liabilities

Down

$995,825

Down $44,069 (-4.2%) from 2023

Net Assets

Down

$445,927

Down $458,977 (-51%) from 2023

Operations
Liabilities / Revenue70th percentileNet Margin10th percentile

Revenue

Down

$2,981,637

Down $180,589 (-5.7%) from 2023

Expenses

Up

$3,440,614

Up $141,303 (+4.3%) from 2023

Net Income

Down

-$458,977

Down $321,892 (-235%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $889,981Liabilities 2011: $194,116Net Assets 2011: $695,8652011Assets 2012: $786,590Liabilities 2012: $245,089Net Assets 2012: $541,5012012Assets 2013: $1,069,195Liabilities 2013: $875,213Net Assets 2013: $193,9822013Assets 2014: $773,915Liabilities 2014: $582,650Net Assets 2014: $191,2652014Assets 2015: $931,108Liabilities 2015: $827,547Net Assets 2015: $103,5612015Assets 2016: $566,122Liabilities 2016: $514,301Net Assets 2016: $51,8212016Assets 2017: $631,743Liabilities 2017: $456,368Net Assets 2017: $175,3752017Assets 2018: $761,108Liabilities 2018: $487,441Net Assets 2018: $273,6672018Assets 2019: $960,248Liabilities 2019: $1,006,676Net Assets 2019: -$46,4282019Assets 2020: $1,276,900Liabilities 2020: $960,119Net Assets 2020: $316,7812020Assets 2021: $1,843,222Liabilities 2021: $797,583Net Assets 2021: $1,045,6392021Assets 2022: $2,386,796Liabilities 2022: $1,344,807Net Assets 2022: $1,041,9892022Assets 2023: $1,944,798Liabilities 2023: $1,039,894Net Assets 2023: $904,9042023Assets 2024: $1,441,752Liabilities 2024: $995,825Net Assets 2024: $445,9272024

Highlighted filing

2024

Assets$1,441,752
Liabilities$995,825
Net Assets$445,927
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $4,093,761Expenses 2011: $3,978,586Net Income 2011: $115,1752011Revenue 2012: $3,776,757Expenses 2012: $3,931,121Net Income 2012: -$154,3642012Revenue 2013: $3,654,258Expenses 2013: $4,001,777Net Income 2013: -$347,5192013Revenue 2014: $3,590,775Expenses 2014: $3,593,492Net Income 2014: -$2,7172014Revenue 2015: $3,934,536Expenses 2015: $4,022,240Net Income 2015: -$87,7042015Revenue 2016: $3,882,092Expenses 2016: $3,933,832Net Income 2016: -$51,7402016Revenue 2017: $4,099,206Expenses 2017: $3,975,652Net Income 2017: $123,5542017Revenue 2018: $3,890,216Expenses 2018: $3,791,924Net Income 2018: $98,2922018Revenue 2019: $3,477,067Expenses 2019: $3,797,162Net Income 2019: -$320,0952019Revenue 2020: $3,025,294Expenses 2020: $2,662,085Net Income 2020: $363,2092020Revenue 2021: $3,528,180Expenses 2021: $2,799,322Net Income 2021: $728,8582021Revenue 2022: $3,350,192Expenses 2022: $3,353,842Net Income 2022: -$3,6502022Revenue 2023: $3,162,226Expenses 2023: $3,299,311Net Income 2023: -$137,0852023Revenue 2024: $2,981,637Expenses 2024: $3,440,614Net Income 2024: -$458,9772024

Highlighted filing

2024

Revenue$2,981,637
Expenses$3,440,614
Net Income-$458,977
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,441,752
Liabilities
$995,825
Net assets
$445,927
Revenue
$2,981,637
Expenses
$3,440,614
Net income
-$458,977
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$1.00$0.45$2.98$3.44$0.46
2023Detailed filing. Detailed filing data is available for this year.$1.94$1.04$0.90$3.16$3.30$0.14
2022Detailed filing. Detailed filing data is available for this year.$2.39$1.34$1.04$3.35$3.35$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.84$0.80$1.05$3.53$2.80$0.73
2020Detailed filing. Detailed filing data is available for this year.$1.28$0.96$0.32$3.03$2.66$0.36
2019Detailed filing. Detailed filing data is available for this year.$0.96$1.01$0.05$3.48$3.80$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.49$0.27$3.89$3.79$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.46$0.18$4.10$3.98$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.51$0.05$3.88$3.93$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.83$0.10$3.93$4.02$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.58$0.19$3.59$3.59$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.88$0.19$3.65$4.00$0.35
2012Summary only. Only limited summary data is available for this year.$0.79$0.25$0.54$3.78$3.93$0.15
2011Summary only. Only limited summary data is available for this year.$0.89$0.19$0.70$4.09$3.98$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.2
Gross Receipts
$2,981,637
Mission and Program Overview

Mission

Namic inc is a not-for-profit trade association that educates, advocates and empowers for multi-ethnic diversity in the communications industry. It cultivates individual careers as well as partnering with our country's leading media companies who are committed to advancing the business case for diversity.

Namic inc is a not-for-profit trade association that educates, advocates and empowers for multi-ethnic diversity in the communications industry. It cultivates individual careers as well as partnering with our countrys leading media companies who are committed to advancing the business case for diversity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$778,372$860,092▲ $81,720
Accounts Receivable$754,450$400,945▼ $353,505
Prepaid Expenses and Deferred Charges$84,219$24,933▼ $59,286
Land, Buildings, and Equipment, Net$9,645$9,407▼ $238
Total Assets$1,944,798$1,441,752▼ $503,046
Other Assets Total$318,112$146,375▼ $171,737
Liabilities
Deferred Revenue$272,425$436,800▲ $164,375
Accounts Payable and Accrued Expenses$410,493$392,738▼ $17,755
Other Liabilities$356,976$166,287▼ $190,689
Total Liabilities$1,039,894$995,825▼ $44,069
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$904,904$403,839▼ $501,065
Net Assets With Donor Restrictions$0$42,088▲ $42,088
Total Net Assets Fund Balance$904,904$445,927▼ $458,977
Total Liabilities and Net Assets / Fund Balance$1,944,798$1,441,752▼ $503,046

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,895$179,232$183,127
Leasehold Improvements$5,512$39,796$45,308
Land$0--
Other Assets Org$146,375--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
A Shuanise WashingtonPresident & CEOFT$183,912$906$184,818
A Shuanise Washington--$183,912$906$184,818
Anne-marie BurtonChief, Strategy and ProgramsFT$143,948$14,067$158,015
Anne-marie Burton--$143,948$14,067$158,015
Sandra GiradoVP, Events and Partner RelationsFT$108,780$16,387$125,167
Susan WaldmanSenior Manager, Membership & Chapter RelationsFT$103,425$13,909$117,334

Board Members and Trustees

NameTitle
Cheryl ManleyDirector & Immediate Past Chair
Emory WaltonDirector, Chair
Sandy NunezDirector, Vice Chair
Charnelle AndersonDirector
Denya ChinqueeDirector
Dwayne CampbellDirector
Glenn GoldsmithDirector
Gurinder SinghDirector
Jerome WestDirector
Maria SoaresDirector
Monique MannersDirector
Nilda GumbsDirector
Nyree WrightDirector
Sheereen RussellDirector
Sonya MiddletonDirector
Michael AlexanderDirector, Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
-Professional Services4040 W BOY SCOUT BLVD, Tampa, FL 33607$114,375
Ncheng LLPAccounting Services40 WALL STREET 32ND FL SUITE 3222, New York, NY 10005$108,888
Revenue and Support

Revenue Composition

Contributions and Grants
$1,186,754
Program Service Revenue
$1,782,614
Investment Income
$12,269
Other Revenue
$0
All Other Contributions
$1,126,627
Change in Net Assets
$-458,977

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory8,900$138,911Fair Market Value (FMV)
Other Non Cash Contri Table20$18,099Fair Market Value (FMV)
Total Noncash Contributions8,920$157,010-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,981,637
Revenue Not Reported on Form 990
$243,429
Total Revenue per Audited Statements
$3,225,066
Total Revenue per Form 990
$2,981,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,184,502
Salaries, Compensation, and Employee Benefits$895,612
Grants and Similar Amounts Paid$360,500
Total Fundraising Expense$134,224
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$442,413$71,274$59,113$572,800
Grants to Domestic Orgs$360,500--$360,500
Occupancy$126,668$40,432$20,337$187,437
Current Officers, Directors, Trustees, and Key Employees$68,967$91,956$22,989$183,912
Conferences and Meetings$145,900$0$0$145,900
Other Employee Benefits$50,804$16,217$8,156$75,177
Advertising$64,281$0$0$64,281
Payroll Taxes$43,064$13,745$6,914$63,723
All Other Expenses$42,050$9,052$3,896$54,998
Other Expenses$19,908$5,878$2,956$28,742
Insurance$15,963$5,095$2,563$23,621
Travel$14,364$0$0$14,364
Depreciation Depletion$3,086$985$495$4,566
Office Expenses$807$257$130$1,194
Total Functional Expenses$2,861,303$445,087$134,224$3,440,614

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,684,043
Expenses per Audited Statements$3,440,614
Total Expenses per Form 990$3,440,614
Expenses Not Reported on Form 990$243,429
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Namic FoundationNew York, NY501(c)(3)Programs$360,500
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$166,287
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Namic Inc
EIN
84-1488263
Phone
2127291677
Address
114 JOHN STREET POBOX 951, NEW YORK, NY 10272

Signing Officer

Name
Michael Alexander
Title
Treasurer
Phone
2127291677
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Alexander
Formed
1980
Legal Domicile
Co
Voting Board Members
16
Independent Board Members
16
Employees
9
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 11B

“Form 990 is reviewed by the Treasurer and submitted to”

Pt VI, Line 11B

“the Board for approval before it is filed.”

Pt VI, Line 12C

“All officers, directors and key employees are required”

Pt VI, Line 12C

“to disclose annually interests that could give rise to”

Pt VI, Line 12C

“conflicts of interests via questionnaires.They are then”

Pt VI, Line 12C

“compiled and reported by management to the Board which”

Pt VI, Line 12C

“will then determine if further action is necessary.”

Pt VI, Line 15A

“The Board determines the salary of the President based”

Pt VI, Line 15A

“upon independent studies and comparison with industry”

Pt VI, Line 15A

“peers.”

Pt VI, Line 15B

“The Board determines the salary of key employees based”

Pt VI, Line 15B

“upon their performance and comparison with industry”

Pt VI, Line 15B

“peers.”

Pt VI, Line 19

“Audited reports, conflict of interest policy and other”

Pt VI, Line 19

“governing documents are available upon request during”

Pt VI, Line 19

“the tax year.”

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.”

Financial Statement Notes

Pt X, Line 2

“Financial statement footnote:”

Pt X, Line 2

“Namic, inc. Is exempt from federal taxes under section”

Pt X, Line 2

“501(c)(6)of the u.s. Internal revenue code and from”

Pt X, Line 2

“State and local taxes under comparable laws. As of”

Pt X, Line 2

“December 31, 2024, no amounts have been recognized for”

Pt X, Line 2

“Any uncertain income tax positions. Namic, inc.s tax”

Pt X, Line 2

“Return for the calendar year 2022 and forward are”

Pt X, Line 2

“Subject to the usual review by the appropriate taxing”

Pt X, Line 2

“AUTHORITIES.”

Raw XML AppendixShowing 400 of 651 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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IRS990/Form990PartVIISectionAGrp/PersonNm4A SHUANISE WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm5NILDA GUMBS
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IRS990/Form990PartVIISectionAGrp/PersonNm12MARIA SOARES
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IRS990/Form990PartVIISectionAGrp/PersonNm14GURINDER SINGH
IRS990/Form990PartVIISectionAGrp/PersonNm15JEROME WEST
IRS990/Form990PartVIISectionAGrp/PersonNm16NYREE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNE-MARIE BURTON
IRS990/Form990PartVIISectionAGrp/PersonNm18SANDRA GIRADO
IRS990/Form990PartVIISectionAGrp/PersonNm19SUSAN WALDMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR, CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR, VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR & IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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
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IRS990/Form990PartVIISectionAGrp/TitleTxt18VP, EVENTS AND PARTNER RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR MANAGER, MEMBERSHIP & CHAPTER RELATIONS
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IRS990/MissionDesc0NAMIC INC IS A NOT-FOR-PROFIT TRADE ASSOCIATION THAT EDUCATES, ADVOCATES AND EMPOWERS FOR MULTI-ETHNIC DIVERSITY IN THE COMMUNICATIONS INDUSTRY. IT CULTIVATES INDIVIDUAL CAREERS AS WELL AS PARTNERING WITH OUR COUNTRYS LEADING MEDIA COMPANIES WHO ARE COMMITTED TO ADVANCING THE BUSINESS CASE FOR DIVERSITY.
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