Public Charity

NATIONAL BLACK MBA ASSOCIATION INC

NATIONAL BLACK MBA ASSOCIATION INC, of ATLANTA, GA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $11.4M in revenue, $15.0M in expenses, $3.9M in total assets. 11 publicly reported grants to this organization, totaling roughly $1.7M, appear in IRS filings.

EIN: 237348780 ATLANTA, GA Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$11.4M
Total Expenses$15.0M
Total Assets$3.9M
Grant Records11
Funding Total$1.7M
Filing Years2020–2024

Mission

THE NATIONAL BLACK MBA ASSOCIATION(R) 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.

Where $100 goes at National Black Mba Association Inc

How National Black Mba Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$78 Programs the work itself
$21 Management running the organization
$1 Fundraising raising the next dollar

Inside the $78 for programs

$56
Annual national conference
72% of program spending
$14
Partner relations
18% of program spending
$8
Membership services
10% of program spending · Reported in the filing: 10,000 members
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

CHARITIES AID FOUNDATION AMERICA
2024
CHARITABLE DONATION
$100,000
NATIONAL BASKETBALL ASSOCIATION FOUNDATION
2022
IN SUPPORT OF PROGRAMS ENHANCING ECONOMIC EMPOWERMENT IN BLACK COMMUNITIES.
$400,000
Silicon Valley Community Foundation
2022
Community Development
$200,000
$42,089
THE AYCO CHARITABLE FOUNDATION
2022
COMMUNITY & HUMAN SERVICES
$15,000

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

VICE CHAIR, LEADERSHIP PROGRAMS & CHAPTER DEVELOPM Bill Borden
BOARD MEMBER Christine Simmons
BOARD MEMBER Dr Wayne Frederick
SR. DIRECTOR, CONFERENCE OPERATIONS & SPECIAL EVEN Elaine Richardson
PRESIDENT & CEO H Beecher Hicks Iii
BOARD MEMBER Jason Campbell

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,100,000 3 grants
General Support
$586,786 5 grants
Human & Social Services
$26,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $11.4M $15.0M $3.9M
2023 $11.9M $12.5M $5.0M
2022 $11.0M $11.0M $5.8M
2021 $9.9M $9.6M $5.6M
2020 $7.1M $6.0M $5.1M

Between 2020 and 2024, reported annual revenue grew from $7.1M to $11.4M (+61%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

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