North Carolina · Nonprofit
NATIONAL BLACK MBA ASSOCIATION
NATIONAL BLACK MBA ASSOCIATION (North Carolina) receives grants from 5 organizations whose IRS filings report $55,580 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($27,000). 3 of them have funded it in more than one year.
- Revenue FY2023
- $282k
- Funders on record
- 5
- Grants received
- $56k
- Net assets
- $33k
What National Black Mba Association does
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.
As stated on its FY2023 Form 990.
Program
On its FY2023 return the organization reported starting a significant new program.
Grant with the City of Charlotte to support and develop regional minority entrepreneurs small businesses in a MBA boot camp to improve operations.
Its own explanation, from Schedule O of that return (Part III, line 2).
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.
$185,633 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $185,633.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $40k to $147k (+263%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 82%. Grants only. Government contracts and fees sit inside program revenue.
100% of NATIONAL BLACK MBA ASSOCIATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Nathan Tyrone Ellis
President and CEO
As listed on its FY2023 Form 990.
Who funds it, year by year
2020 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $24k → $516.
2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NATIONAL BLACK MBA ASSOCIATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NATIONAL BLACK MBA ASSOCIATION leans on a few funders — its largest provides 49% of grant income and the top three 96%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NATIONAL BLACK MBA ASSOCIATION.
Largest funder’s share by year: 2020 69% · 2021 97% · 2022 99% · 2023 97% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
65% of NATIONAL BLACK MBA ASSOCIATION's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $27k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
NATIONAL BLACK MBA ASSOCIATION has grown faster than three-quarters of the 21,636 education nonprofits its size.
this organization peer median middle 50% of peers· 21,636 education nonprofits $100k–$1M, FY2023
Organizations like NATIONAL BLACK MBA ASSOCIATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
65% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NATIONAL BLACK MBA ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NATIONAL BLACK MBA ASSOCIATION?
- NATIONAL BLACK MBA ASSOCIATION (North Carolina) receives grants from 5 organizations whose IRS filings report $55,580 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($27,000). 3 of them have funded it in more than one year.
- How many funders does NATIONAL BLACK MBA ASSOCIATION have?
- IRS filings report 5 organizations giving $55,580 in grants to NATIONAL BLACK MBA ASSOCIATION, 3 of which have funded it in more than one year.
- Who is the largest funder of NATIONAL BLACK MBA ASSOCIATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $27,000 in grants. The full list of funders is on this page.
- How can an organization like NATIONAL BLACK MBA ASSOCIATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds National Black Mba Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing