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National Association of Black Accountants

Greenbelt, MD · EIN 23-7097490 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

National Association of Black Accountants reported $16.5 million in revenue and $16.9 million in expenses for calendar year 2024. Of every $100 it spent, $77.46 went to program services, $22.54 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 59.3% of the total. The highest compensation it reported for one person was $435,807 (PRESIDENT & CEO). 11 people received more than $100,000 in reportable compensation. Revenue rose 1404% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
77.5%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
22.5%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
59.3%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
37.7%58.9%
Highest reported compensation
Part VII-A, columns D–F
$435,807$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.58%1.38%
People paid over $100,000
Part VII, line 2
116
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.36.8
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$6.3M expenses · 48.3% of program spending · revenue $5.3M

National convention - provides a forum for programming, training, and networking while uniting naba members, the corporate community, academics and others interested in promoting the mission and goals of naba. The national convention enhances the management skills and productivity of its members through focused workshops and technical sessions. It provides branding and imaging opportunities as well as diversity recruiting and hiring solutions for its corporate partners. The national convention hosts a series of leadership workshops

$1.8M expenses · 13.9% of program spending · revenue $905K

Regional conferences: naba's regional conferences are transformative journeys to empower and inspire professional to reach new heights in their careers and personal growth. Participants can prepare for an immersive experience filled with enriching sessions, networking opportunities and thought-provoking discussions

$1.7M expenses · 13.3% of program spending · grants $336K · revenue $52,381

Naba's other program content and events create valuable opportunities to address the needs of partners, professionals and the pipeline, fostering growth and success at every stage in the naba life cycle

$3.2M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.00 hrs/week
$413,731$0$22,076$435,807
CHIEF OPERATING OFFICER
Officer, 40.00 hrs/week
$226,900$0$42,540$269,440
CHIEF REVENUE OFFICER
Officer, 40.00 hrs/week
$210,831$0$40,916$251,747
CHIEF EDUCATION OFFICER
Officer, 40.00 hrs/week
$212,989$0$13,740$226,729
CHIEF TECHNOLOGY OFFICER
Officer, 40.00 hrs/week
$188,139$0$34,205$222,344
SVP, MARKETING & COMMS
Highest compensated employee, 40.00 hrs/week
$172,763$0$39,626$212,389
SVP, FINANCE & ACCOUNTING
Highest compensated employee, 40.00 hrs/week
$166,592$0$20,500$187,092
SVP, STAKEHOLDER EXPERIENCE
Highest compensated employee, 40.00 hrs/week
$160,431$0$20,654$181,085

11 people received more than $100,000 in reportable compensation from National Association of Black Accountants (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$5.0M$10M$15M$20MFY2020FY2021202220232024$17M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$17M77.5%$10M$435,807
2023 ⓘ$15M$15M84.9%$10M$389,044
2022 ⓘ$15M$7.2M68.7%$10M$326,634
FY2021 (6 mo.) ⓘ$1.6M$2.1M68.8%$2.5M$199,039
FY2021 ⓘ$5.8M$3.9M71.7%$3.1M$250,902
FY2020 ⓘ$1.1M$2.6M60.1%$907K$292,356

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 547
  • Volunteers Part I, line 6750

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
LLB ENTERPRISES
Conference mgmt
$500,963
PARADIGM PRODUCTIONS GROUP
A/v services
$417,149
SARALUX LLC
It consulting
$265,259
GLOBAL EXPERIENCE SPECIALISTS
Conference mgmt
$200,829

Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to National Association of Black Accountants totaling $12,153 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from National Association of Black Accountants's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Association of Black Accountants, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Maryland

Questions people ask

How much of National Association of Black Accountants's spending goes to programs?

In calendar year 2024, National Association of Black Accountants reported that 77.5% of its $16.9 million in expenses went to program services, 22.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does National Association of Black Accountants pay its top executive?

The largest total compensation National Association of Black Accountants reported for one person in calendar year 2024 was $435,807, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does National Association of Black Accountants get its money?

Of $16.5 million in revenue in calendar year 2024, 59.3% came from contributions and grants and 37.7% from program service revenue (Form 990, Part VIII).

Is National Association of Black Accountants a registered charity?

The IRS lists EIN 23-7097490 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523169349302952 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413209349310331 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313199349307666 · read the filing
  • FY2021 (6 mo.): Form 990 for the 6-month short period ending December 31, 2021, object 202223059349301147 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349315250 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100619349301410 · read the filing

All filings for EIN 23-7097490: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.