Community Improvement
(S20)
IRS Verified
DX Registered
990 on File
NATIONAL BLACK M B A ASSOCIATION INC
Financial strength (30%)
56/100
Reliability (20%)
50/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The National Black MBA Association® leads in the creation of educational opportunities and economic growth for Black professionals. We are committed to making an impactful and sustainable difference in the communities in which we work and serve through: Innovative Programs that stimulate intellectual and economic growth, Partnerships with key stakeholders who help facilitate this growth, Increased awareness and access to graduate management programs and career opportunities in management fields
Financial Overview — FY 2024
$11.4M
Total Revenue
$15.0M
Total Expenses
$-1,542,829
Net Assets
39
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.1%
Fundraising Efficiency
N/A
Operating Reserve
-1.24x
Liability-to-Asset
139.9%
Revenue Diversification
85.0%
Executive Compensation
$861K
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.1% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.9% | 8.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-1.2 mo | 5.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
139.9% | 40.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.0% | 91.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-4.2% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
19.9% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-30.8% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $11.4M | $15.0M | $-1,542,829 | 80.1% | 39 |
| 2023 | $11.9M | $12.5M | $1.9M | 80.2% | 23 |
| 2022 | $11.0M | $11.0M | $2.4M | 79.0% | 25 |
| 2021 | $9.9M | $9.6M | N/A | — | 23 |
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