National Black Mba Assc Western Ny Chapter

Nonprofit profile at a glance

EIN
161509270
IRS 990-EZ coverage
2020–2020
Forms available
Form 990-EZ 2020, Form 990-N 2020
Location
Buffalo, NY, USA
Rating
35
Verdict
REVIEW
Rating confidence
Moderate
Sector
Parent/Teacher Group

Official website

Reported finances

Revenue
$1,137
Expenses
$3,145
Assets
$10,233
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Kenyana David (President)
  • Nakiea Cook (Vice President of Operations)

People named in this filing

  • Kenyana David (President)
  • Keisha Burton (Treasurer)
  • Nakiea Cook (Vice President of Operations)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

NBMBAA(R) is a non-profit, 501(c)(3) member-based professional organization which leads in the creation of educational, wealth building and growth opportunities for Black students, professionals, and entrepreneurs. Representing more than 20,000 members within 40 professional chapters, 33 Leaders of Tomorrow(R) chapters and over 500 corporate and non-profit partners, the Association is dedicated to developing alliances that create intellectual and economic wealth in the Black community through its five channels of engagement: career, education, entrepreneurship, leadership, and lifestyle.

What it reported doing in 2020

WNY NBMBAA Business Tax & Preparation Workshop Series - 5 Parts, Overview: learn what documents required for tax preparation, how to get your documents in order, most commonly used forms, and relationship between business and personal taxes. WNY NBMAA Digital Content & Marketing Workshop Series - 4 Parts, Overview: learn how to get visibility with a website, boost your engagement with a blog, generating leads with email and how to lock in sales with social media and networking.

Operating model

Revenue model
Membership-supported. 100% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -176.6%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 3.25; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.