Mission
OUR MISSION IS TO CLOSE THE BLACK WEALTH GAP THROUGH EDUCATION, EARNINGS, ENTREPRENEURSHIP, ENTERPRISE AND EQUITY.
Public Charity
NABA FOUNDATION INC
NABA FOUNDATION INC is a Public Charity headquartered in GREENBELT, MD. Financial data from the 2024 filing: $2.5M revenue, $969K expenses, $2.2M total assets. 5 publicly reported grants to this organization, totaling roughly $3.0M, appear in IRS filings.
EIN: 923890441
GREENBELT, MD
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2024
Total Revenue$2.5M
Total Expenses$969K
Total Assets$2.2M
Grant Records5
Funding Total$3.0M
Filing Years2023–2024
Where $100 goes at Naba Foundation Inc
How Naba Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Naba Foundation also plans to conduct research regarding employment, entrepreneurship, career education and training, and other topics, the results of which will help improve existing Naba Foundation educational…
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
GENERAL SUPPORT
$120,000
SCHOLARSHIPS
$765,000
GENERAL SUPPORT
$335,561
SCHOLARSHIPS
$1,100,000
GENERAL SUPPORT
$677,158
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
SECRETARY
Kimi Ellen
CHAIR
Ralph Thomas
DIRECTOR
Steven Harris
VICE CHAIR
Tasha Austin
TREASURER
Zenai Savage
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.5M | $969K | $2.2M |
| 2023 | $677K | — | $677K |
Between 2023 and 2024, reported annual revenue grew from $677K to $2.5M (+264%), with total assets most recently reported at $2.2M.
Interactive year-over-year charts and full filing details available with membership.