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Nonprofit · EIN 56-2147304

NATIONAL BLACK MBA ASSOCIATION

Also known as CHARLOTTE CHAPTER

Tax-exempt · CHARLOTTE, NC 28216

Financials

$282K$296K2023
Revenue Expenses · by fiscal year end
Financials of NATIONAL BLACK MBA ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$282,044$295,793-$13,749$32,747$0$32,747
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$282,044
of which government grants
$230,669
Membership dues
$29,942
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$10,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$185,633
Management and general (functional)
$100,160

Balance sheet and other

Total assets, start of year
$46,496
Total assets, end of year
$32,747
Total liabilities, end of year
$0
Net assets, end of year
$32,747
Net assets without donor restrictions
$32,747
Gross receipts
$282,044
Employees
0
Volunteers
15
Year formed
1999
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Nathan Tyrone EllisPresident and CEO
Officer
15$0
JaCynthia LittleVP of Administration
Officer
10$0
Andrew TuckerVP of Finance
Officer
10$0

Address and contacts

Address (IRS master file)
8616 LONDONSHIRE DR, CHARLOTTE, NC 28216-1659
In care of
% NATHAN TYRONE ELLIS
Principal officer (990 for 2023)
Nathan Tyrone Ellis, PO BOX 34613, CHARLOTTE, NC 282344613
Signed the 990
Nathan Tyrone Ellis, President
990-N for 2025 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Andrew Tucker, PO BOX 33562, Charlotte NC 28233. Mailing address: 8616 Londonshire Drive, Charlotte NC 28216. Website: www.nbmbacharlotte.org

Mission

Our mission is to increase the number as well as the diversity of successful Blacks in the business community by providing innovative programs to stimulate intellectual and economic growth. Building partnerships with key stakeholders who help facilitate this growth. Increasing awareness and access to graduate management education programs and career opportunities. Developing a pipeline of youth by providing a framework to deploy business practices.

990 for the year ended December 31, 2023

Program accomplishments

  • National Black MBA Association NBMBAA Charlotte chapter is a leader in the community supporting minority small businesses. The award-winning Chapter delivered the second phase of our small business MBA bootcamp seemingly called The Next Level leveraging our MBA membership base as mentors and our strategic partners for content delivery - The Boost Pad Story Now and The Charlotte Black STEM Alliance. Based on learnings from the original bootcamp and comprehensive research The Next Level program extracted specific focus areas from the MBA curriculum that significantly impact underserved small business owners - Digital Marketing Branding Financial Acumen Technology Application and Access to Capital. The program served more than 50 Charlotte area business owners with less than $500k in annual revenues providing training and targeted services for a 12-month period.
    Expenses $185,633

What it must file and when

IRS records say it files Form 990. The IRS master file lists the 990-N (e-Postcard), most likely because of 990-Ns filed under this EIN; its own returns are e-filed. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2147304
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990
Category (NTEE)
Education (B90)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Andrew Tucker
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Andrew Tucker
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$282,044$295,793$32,747XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2011
Officer: Edward Miller
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2147304).

Questions about NATIONAL BLACK MBA ASSOCIATION

What is the EIN of NATIONAL BLACK MBA ASSOCIATION?
The employer identification number (EIN) of NATIONAL BLACK MBA ASSOCIATION is 56-2147304.
Is NATIONAL BLACK MBA ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to NATIONAL BLACK MBA ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL BLACK MBA ASSOCIATION file?
Form 990. The IRS master file lists the 990-N (e-Postcard), most likely because of 990-Ns filed under this EIN; its own returns are e-filed.
When is the next return of NATIONAL BLACK MBA ASSOCIATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL BLACK MBA ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of NATIONAL BLACK MBA ASSOCIATION?
The 990 for the year ended December 31, 2023 names Nathan Tyrone Ellis.
Who are the officers and directors of NATIONAL BLACK MBA ASSOCIATION?
The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does NATIONAL BLACK MBA ASSOCIATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $282,044, expenses of $295,793 and total assets of $32,747 at year end.

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