NATIONAL ASSOCIATION OF MINORITY AUTOMOBILE DEALERS Charity Report

Public IRS 990 nonprofit record

NATIONAL ASSOCIATION OF MINORITY AUTOMOBILE DEALERS

EIN 38-2326624 · Minority Rights (R22)

What they do

THE NATIONAL ASSOCIATION of MINORITY AUTOMOBILE DEALERS (NAMAD) is A 501C3 NONPROFIT ORGANIZATION HEADQUARTERED IN LARGO MARYLAND. NAMADS MISSION is to PROVIDE VIABLE OPPORTUNITIES for ETHNIC MINORITIES IN THE AUTOMOBILE INDUSTRY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

247.64%of revenue went to mission work89.0% of expenses · Program services

3.64%of revenue went to fundraising1.3% of expenses

$278.14spent for every $100 of revenueSpending was higher than revenue this year.

26.86%of revenue went to management and office costs9.7% of expenses

$0.03in assets for every $1 spent this yearSome assets cannot be spent right away.

99.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,554,274 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $200,000 for PERRY WATSON IV (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,433,846

Mission workProgram services$3,550,758247.64% of revenue89.0% of expenses

ManagementOffice and general costs$385,10926.86% of revenue9.7% of expenses

FundraisingAsking for donations$52,2533.64% of revenue1.3% of expenses

Total expenses$3,988,120278.14% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.0% mission · 9.7% management · 1.3% fundraisingTotal expenses: 278.14% of revenue

2023Expense mix: 82.7% mission · 14.6% management · 2.7% fundraisingTotal expenses: 85.93% of revenue

2022Expense mix: 82.0% mission · 15.2% management · 2.8% fundraisingTotal expenses: 94.25% of revenue

2021Expense mix: 88.7% mission · 7.5% management · 3.8% fundraisingTotal expenses: 96.59% of revenue

2020Expense mix: 80.3% mission · 14.7% management · 5.0% fundraisingTotal expenses: 83.54% of revenue

2018Expense mix: 79.8% mission · 14.8% management · 5.4% fundraisingTotal expenses: 99.05% of revenue

2017Expense mix: 81.7% mission · 12.4% management · 5.9% fundraisingTotal expenses: 101.22% of revenue

2016Expense mix: 70.8% mission · 17.0% management · 12.2% fundraisingTotal expenses: 101.90% of revenue

Money in and money out

Revenue$1,433,846

Expenses$3,988,120

Annual shortfall $2,554,274 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,550,758 · 89.0% of expenses

Management and office costs$385,109 · 9.7% of expenses

Fundraising$52,253 · 1.3% of expenses

See all reported dollar amounts

Revenue$1,433,846

Expenses$3,988,120

Assets$118,901

Income$1,433,846

Contributions$1,432,916

Mission work (program services)$3,550,758

Fundraising$52,253

Grants given$70,000

Average grant$17,500

Management and general$385,109

Executive compensation (total)$199,501

Accounting fees$26,575

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PERRY WATSON IVPRESIDENT · 40 hrs/week $200,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

PERRY WATSON IVPRESIDENT

JULIE HERRERACHAIRMAN APPOINTEE

ZACH BRANDTFORD-MDA APPOINTEE

WINSTON PITTMANTLOMDA APPOINTEE

ROBERT VALDESTREASURER

ROBERT HATCHETTEXECUTIVE DIRECTOR OF TLOMDA

ROBERT BROGDENGMMDA APPOINTEE

RAY FREGIA SRCHAIRMAN APPOINTEE

RAY FREGIA JRVICE CHAIRMAN

OSVALDO GARCIAFORD MDA APPOINTEE

MITCH MITCHELLEXECUTIVE DIRECTOR OF CMDA

MARJORIE STATENEXECUTIVE DIRECTOR OF GMMDA

LUIS SOMOANOFORD-MDA APPOINTEE

KARMALA SUTTONCHAIRMAN APPOINTEE

ANDREA ZADDCHAIRMAN APPOINTEE

JOSE POZOSCHAIRMAN APPOINTEE

JOE ALVAREZCHAIRMAN APPOINTEE

JAY GILLCMDA APPOINTEE

JAMES RIVCHINSECRETARY

JAMES COLONTLOMDA PRESIDENT

GUS PALMARCHAIRMAN APPOINTEE

GREG BARANCOCHAIRMAN APPOINTEE

FERNANDO VARELACHAIRMAN APPOINTEE

DAMON LESTEREXECUTIVE CHAIRPERSON

DAMIAN MILLSIMMEDIATE PAST CHAIRMAN

BILL LYNCHGMMDA PRESIDENT

AV FLEMINGEXECUTIVE DIRECTOR OF FORD-MDA

ANTHONY GORDONFORD-MDA CHAIRMAN

About this charity

Recognized since: January 1982
Location: 9475 LOTTSFORD RD STE 150, LARGO, MD 20774-5351
County: Prince George's
In care of: PERRY WATSON
Primary officer: PERRY WATSON, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(301) 306-1614

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FENNER MELSTROM & DOOLING PLC
NTEE classification: Minority Rights (R22)
IRS tax category: Minority Rights
Grant-giving organization: Yes