National Black M B a Association Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
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.
- Income
- $11.4 million
- Spending
- $15.0 million
- Spent on programs
- 80%
- Reserves
- -3 months of spending
- Largest source of income
- fees for its services, 85%
- Employees
- 39
- Volunteers
- 10
- Highest pay
- $335,050, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 25 out of 100. Higher than 1% of charities in its peer group (community improvement, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 140% of what it owns.
Living within its means
0 of 15Spending exceeded income by 31% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 42% of charities in its peer group (community improvement, $10m to $100m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $6.5 million spent. ANNUAL NATIONAL CONFERENCE - THE NBMBAA HOSTS THE LARGEST DIVERSITY CAREER FAIR AND EXPOSITION IN THE NATION WITH THE AIM OF EMPOWERING VISIONARIES. FIVE DECADES AGO, THE NBMBAA FOUNDERS MADE A PROMISE TO PROMOTE EDUCATIONAL AND ECONOMIC EMPOWERMENT FOR BLACK AMERICANS. OUR COMMITMENT TO EXPLORING THE BEST PRACTICES IN LEADERSHIP AND CAREER FOCUSED PROGRAMMING HAS BEEN THE CATALYST THAT HAS GUIDED THE ASSOCIATION. EVERY YEAR WE HONOR THIS PLEDGE.
- $1.6 million spent. PARTNER RELATIONS
- $953,698 spent. MEMBERSHIP SERVICES - THE NBMBAA IS A PROFESSIONAL MEMBERSHIP ASSOCIATION, AND THESE ARE PROGRAMS AIMED AT SUPPORTING OUR MEMBERS TO DEVELOP AND EXCEL IN THEIR PROFESSIONAL JOURNEY. WE PROVIDED REGULAR SEMINARS DURING THE YEAR AND HOSTED A SCALEUP PITCH COMPETITION TO ENCOURAGE AND PROVIDE FUNDING FOR OUR ENTREPRENEURS AND OTHER INITIATIVES DRIVEN BY OUR LOCAL CHAPTERS. THERE ARE 34 LOCAL NBMBAA CHAPTERS AND APPROXIMATELY 10,000 MEMBERS THROUGHOUT NORTH AMERICA.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2012 for not filing returns for three years, and reinstated on March 15, 2013.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.