National Black Mba Association Raleigh Durham Chapter
Nonprofit profile at a glance
- EIN
- 561887955
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Raleigh, NC, USA
- Phone
- 9192054462
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $185,651
- Expenses
- $177,220
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ROSA WILLIAMS (PRESIDENT)
People named in this filing
- ROSA WILLIAMS (PRESIDENT)
- JENNIFER NELSON (VP OF ADMINISTRATION)
- DR JAY SABIR (VP 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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Primary exempt purpose of this organization is to provide educational opportunities to the public/members and scholarships to qualified undergraduate and graduate students pursuing a degree in business or management. The community and general public at large are educated on relevent business topics of the day because we believe education is the key to improving society.
What it reported doing in 2025
The development arm of the nbmbaa rdu triad chapter focuses on organizational growth strategic partnerships fundraising sponsorship development and economic empowerment initiatives within the community. During the year the chapter received a $20000 grant to launch the southeast increase program which provided more than 12 small businesses with a free six-month educational series focused on business development financial management marketing operations leadership and strategic growth planning. This arm also works to build community collaborations secure resources and create opportunities that support the chapters long-term sustainability and impact.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 100
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.5%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 19% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 18.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -5.4% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $177K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2014 to 2025
- 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.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Growth: Asset growth scored 0/100.