National Black Mba Association - Inc - Washington D C Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,287 | 32,437 | 28,850 | 26.9 | — |
| 2021 | 97,017 | 48,784 | 48,233 | 29.7 | — |
| 2022 | 145,803 | 148,020 | −2,217 | 9.6 | — |
| 2023 | 136,521 | 138,691 | −2,170 | 10.1 | — |
In its most recent public year (2023), this organization spent $2,170 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 26.9 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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