Namic Inc
Only null% goes to programs Declining revenue
Namic Inc is a 501(c)(6) organization based in New York, New York, registered in 2000, with $2,981,637 in FY2024 revenue. CharityIndex grades it C+.
Po Box 951, New York, NY, 10272 EIN 84-1488263 Since 2000
Revenue (FY2024)
$3.0M
▼ 5.7% vs prior year
Community median: $184K
Expenses (FY2024)
$3.4M
Net assets
$446K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Namic Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Namic Inc: 2 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Namic Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Namic Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 951, New York, NY, 10272
- City
- New York
- State
- New York
- Subcategory
- Business & Industry Associations
- Website
- …
Financial trends
Revenue declined from $3.7M (FY2013) to $3.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $996KNet assets $446K
Operating margin
-15.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$996K
Net assets
$446K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,981,637▼5.7% | $3,440,614▲4.3% | $445,927▼50.7% | $1,441,752▼25.9% | 990 |
| 2023 | $3,162,226▼5.6% | $3,299,311▼1.6% | $904,904▼13.2% | $1,944,798▼18.5% | 990 |
| 2022 | $3,350,192▼5.0% | $3,353,842▲19.8% | $1,041,989▼0.3% | $2,386,796▲29.5% | 990 |
| 2021 | $3,528,180▲16.6% | $2,799,322▲5.2% | $1,045,639▲230% | $1,843,222▲44.4% | 990 |
| 2020 | $3,025,294▼13.0% | $2,662,085▼29.9% | $316,781▲782% | $1,276,900▲33.0% | 990 |
| 2019 | $3,477,067▼10.6% | $3,797,162▲0.1% | -$46,428▼117% | $960,248▲26.2% | 990 |
| 2018 | $3,890,216▼5.1% | $3,791,924▼4.6% | $273,667▲56.0% | $761,108▲20.5% | 990 |
| 2017 | $4,099,206▲5.6% | $3,975,652▲1.1% | $175,375▲238% | $631,743▲11.6% | 990 |
| 2016 | $3,882,092▼1.3% | $3,933,832▼2.2% | $51,821▼50.0% | $566,122▼39.2% | 990 |
| 2015 | $3,934,536▲9.6% | $4,022,240▲11.9% | $103,561▼45.9% | $931,108▲20.3% | 990 |
| 2014 | $3,590,775▼1.7% | $3,593,492▼10.2% | $191,265▼1.4% | $773,915▼27.6% | 990 |
| 2013 | $3,654,258 | $4,001,777 | $193,982 | $1,069,195 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $145K total
6 grants to Namic Inc totaling $145K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ncta-the Internet & Television Association | Annual conf. sponsor-virtual happy hour | 2020 | $23,800 |
| Ncta-the Internet & Television Association | Sponsor cablefax diversity list reception | 2019 | $23,800 |
| Ncta-the Internet & Television Association | Sponsor 2018 cablefax award breakfast ny | 2018 | $24,030 |
| Ncta-the Internet & Television Association | Sponsorship- cablefax 2017- most influential minorities | 2017 | $24,200 |
| Ncta-the Internet & Television Association | Annual conference sponsorships | 2015 | $24,500 |
| Ncta-the Internet & Television Association | Cablefax-namic breakfast | 2014 | $24,500 |
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Frequently asked questions
- Is Namic Inc a legitimate nonprofit?
- Yes. Namic Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 84-1488263, based in New York, New York.
- What is Namic Inc's EIN?
- Namic Inc's Employer Identification Number (EIN) is 84-1488263.
- How much revenue does Namic Inc report?
- Namic Inc reported $2,981,637 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Namic Inc have?
- CharityIndex grades Namic Inc C+, based on financial health (reserves and operating margin).
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Data for Namic Inc (EIN 84-1488263) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.