2025-11-12T09:34:38-06:00 2024-12-31 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2024-01-01 923890441 NABA FOUNDATION INC NABA 3014746222 6406 IVY LANE 200B GREENBELT MD 20770 GUYLAINE SAINT JUSTE PRESIDENT & CEO 3014746222 2025-11-10 1 1 AARON M FOX P01365820 2022274000 2025-11-10 2024 2025-03-06 01:10:19Z GUYLAINE SAINT JUSTE 6406 IVY LANE 200B GREENBELT MD 20770 2467990 0 X WWW.NABAINC.ORG X 2023 VA OUR MISSION IS TO CLOSE THE BLACK WEALTH GAP THROUGH EDUCATION, EARNINGS, ENTREPRENEURSHIP, ENTERPRISE AND EQUITY. 5 5 0 5 0 0 677158 2417820 0 0 0 50170 0 0 677158 2467990 0 942630 0 0 0 0 0 0 0 0 26636 0 969266 677158 1498724 677158 2186896 0 347 677158 2186549 X OUR MISSION IS TO CLOSE THE BLACK WEALTH GAP THROUGH EDUCATION, EARNINGS, ENTREPRENEURSHIP, ENTERPRISE AND EQUITY. 0 0 969266 942630 NABA FOUNDATION ALSO PLANS TO CONDUCT RESEARCH REGARDING EMPLOYMENT, ENTREPRENEURSHIP, CAREER EDUCATION AND TRAINING, AND OTHER TOPICS, THE RESULTS OF WHICH WILL HELP IMPROVE EXISTING NABA FOUNDATION EDUCATIONAL PROGRAMS WHILE PROVIDING A BODY OF KNOWLEDGE FOR ORGANIZATIONS WITH SIMILAR EDUCATIONAL GOALS. NABA FOUNDATION INTENDS TO CONVENE PHILANTHROPIC ORGANIZATIONS AND RESEARCH INSTITUTIONS AND COLLABORATE TO DEVELOP BEST-IN-CLASS RESEARCH INITIATIVES THAT SUPPORT THESE GOALS.NABA FOUNDATION ALSO PLANS TO MAKE SCHOLARSHIP GRANTS TO STUDENTS. SINCE ITS INCEPTION, NABA HAS PROVIDED MORE THAN $11 MILLION IN SCHOLARSHIP FUNDS TO DESERVING STUDENTS PREPARING TO ENTER VARIOUS ACCOUNTING, FINANCE AND BUSINESS PROFESSIONS. THE NABA FOUNDATION WILL ACT AS AN ADDITIONAL VEHICLE FOR RAISING FUNDS AND DISBURSING SCHOLARSHIP GRANTS TO QUALIFIED STUDENTS IN CONJUNCTION WITH NABA'S EXISTING SCHOLARSHIP PROGRAMS AND BY CREATING NEW PROGRAMS SPECIFIC TO THE FOUNDATION THAT ARE SUPPORTIVE OF NABA'S MISSION. NABA FOUNDATION MAY ALSO SUPPORT OTHER ORGANIZATIONS DEDICATED TO SIMILAR GOALS. 969266 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 0 0 0 0 VA X NAOMI JENKINS 3014746222 6406 IVY LANE 200B GREENBELT MD 20770 X RALPH THOMAS CHAIR 5.00 0.00 X X 0 0 0 TASHA AUSTIN VICE CHAIR 5.00 1.00 X X 0 0 0 KIMI ELLEN SECRETARY 5.00 1.00 X X 0 0 0 ZENAI SAVAGE TREASURER 5.00 0.77 X X 0 0 0 STEVEN HARRIS DIRECTOR 5.00 1.08 X 0 0 0 0 0 0 0 0 0 0 0 335561 2082259 2417820 50170 50170 2467990 0 0 50170 942630 942630 4389 4389 15000 15000 BUSINESS REGISTRATIONS 7247 7247 969266 969266 0 0 250 677158 2186646 677158 2186896 0 347 0 347 X 0 546289 677158 1640260 677158 2186549 677158 2186896 1498724 10667 0 X 0 1 X 1 0 X X X 1 NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS 237097490 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2478657 10667 10667 2467990 0 2467990 969266 0 969266 0 969266 PART X, LINE 2: NABA, INC. AND NABA FOUNDATION QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE YEAR ENDED DECEMBER 31, 2024, AS NABA HAD INSIGNIFICANT NET UNRELATED BUSINESS INCOME. NABA PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2024, THERE WERE NO EXAMINATIONS IN PROGRESS OR PENDING WITH TAXING AUTHORITIES. IT IS NABA'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAINTY IN INCOME TAXES, IF ANY, IN INCOME TAX EXPENSE. 0 SCHOLARSHIPS 247 942630 FORM 990, PART VI, SECTION A, LINE 7A THE MAJORITY OF THE NABA FOUNDATION BOARD SEATS SHALL BE FILLED BY DIRECTORS OF THE NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS (NABA), A RELATED ORGANIZATION. THE NABA BOARD CHAIR AND THE CEO OF NABA SHALL SERVE AS EX-OFFICIO NON-VOTING DIRECTORS OF THE NABA FOUNDATION BOARD. REMAINING BOARD POSITIONS SHALL BE APPOINTED BY THE NABA BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B IN ACCORDANCE WITH THE GOVERNING DOCUMENTS OF THE FOUNDATION, THE BOARD OF DIRECTORS SHALL REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, KEY EMPLOYEE OR COMMITTEE MEMBER HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION WITH THE CORPORATION SHALL DISCLOSE SUCH INTEREST TO THE BOARD, OR A PROPER COMMITTEE THEREOF, FOR CONSIDERATION, AUTHORIZATION, APPROVAL, OR RATIFICATION AND SHALL MAKE A PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACTS, KNOWN TO SUCH PERSON, ABOUT THE CONTRACT OR TRANSACTION WHICH MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE OR POTENTIALLY ADVERSE TO THE CORPORATION'S INTERESTS. THE POLICY IS RENEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 NABA FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS INC 6406 IVY LANE SUITE 200B GREENBELT MD 20770 237097490 ENSURE OPPORTUNITIES FOR BLACKS IN THE ACCOUNTING AND BUSINESS PROFESSIONS NY 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0