National Association of Black Accountants Inc
Nonprofit profile at a glance
- EIN
- 237330122
- IRS 990-EZ coverage
- 2011–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2019
- Location
- Charlotte, NC, USA
- Phone
- 8659631367
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $59,961
- Expenses
- $78,225
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Stephanie Perrish-Chester (Immediate Past President)
- Yolanda Hemphill (President)
- Marissa Bell (Vice President)
People named in this filing
- Stephanie Perrish-Chester (Immediate Past President)
- Yolanda Hemphill (President)
- Mariah Clark (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
NABA is a nonprofit membership association dedicated to bridging the opportunity gap for black professionals in the accounting, finance and related business professions. NABA advances people, careers, and the mission by providing education, resources, and meaningful career connections to both professional and student members, fulfilling the principle of our motto: Lifting As We Climb.
What it reported doing in 2022
Professional/Student development sessions held to offer continuing professional education, promote professional and personal growth
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 16
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 75.2%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -30.5%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 3.4% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 97.6% of revenue deployed · 75.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2011 to 2022
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.