Overview
What is New Jersey Association Of School Business Officials?
The New Jersey Association of School Business Officials (NJASBO) is a distinguished professional association based in Robbinsville, New Jersey, specifically located at 4 AAA Drive 101. Their primary mission is to uphold the highest standards of ethical and efficient fiscal operations in New Jersey's school districts. To accomplish this, NJASBO offers its approximately 650 members and business associates a variety of educational and developmental opportunities through conferences, conventions, meetings, workshops, and programs. The association is committed to supporting its members and working collaboratively with entities that influence public education in the state of New Jersey. With a dedicated workforce of four individuals, NJASBO plays a crucial role in enhancing the financial management and overall success of New Jersey's schools.
Official website here: www.njasbo.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating
The New Jersey Association of School Business Officials received a strong rating of 88%, indicating a solid level of accountability and financial management. With a fully independent board and a robust financial audit process, the organization demonstrates transparency in its operations. The majority of their funding is directed towards programs, with an impressive program expense ratio of 79.41%.
Despite these strengths, there are notable areas for improvement. The organization lacks a whistleblower policy and a document retention policy, which can be critical for maintaining ethical standards and proper governance. Additionally, the tax form is not posted on the nonprofit's website, which could limit access to important financial information for stakeholders.
Overall, while the New Jersey Association of School Business Officials exhibits strong financial health and governance, addressing the gaps in policy documentation could enhance its accountability further and build greater trust with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Association Of School Business Officials legitimate?
New Jersey Association Of School Business Officials is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Association Of School Business Officials submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $288,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,525
For more financial information, click here
Official website here: www.njasbo.com
What is the mission statement of New Jersey Association Of School Business Officials?
The New Jersey Association of School Business Officials (NJASBO) serves as a professional association, championing the highest standards of ethics and efficiency in the financial operations of New Jersey's school districts. Its primary goal is to provide its membership with valuable professional development and support. Furthermore, NJASBO collaborates with entities that significantly impact public education in the state of New Jersey. Through various conferences, conventions, meetings, workshops, and programs, NJASBO aims to educate and improve the skills of approximately 650 members and business associates in the field of school business and finance.
Official website here: www.njasbo.com
Who is the CEO of New Jersey Association Of School Business Officials?
Robert Colavita is the President of New Jersey Association Of School Business Officials.
Official website here: www.njasbo.com
What is the revenue of New Jersey Association Of School Business Officials?
New Jersey Association Of School Business Officials's revenue in 2022 was $1,691,572.
Official website here: www.njasbo.com
Who are the executives of New Jersey Association Of School Business Officials and what are their salaries?
The average compensation at New Jersey Association Of School Business Officials during 2022 was $108,490. There are 4 employees at New Jersey Association Of School Business Officials.
Here are 28 key members and their salaries:
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Official website here: www.njasbo.com
Where can I find the form 990 for New Jersey Association Of School Business Officials?
New Jersey Association Of School Business Officials's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njasbo.com
Learn more at the official website: www.njasbo.com
Mission Statement of New Jersey Association Of School Business Officials
The New Jersey Association of School Business Officials (NJASBO) is a professional organization that plays a pivotal role in upholding the highest standards of ethical conduct and operational efficiency within the financial and business sectors of New Jersey's school districts. Their mission is multifaceted, encompassing three main objectives. Firstly, NJASBO aims to offer its membership a platform for continuous professional development and support, enabling individuals engaged in school business and finance to enhance their skills and expertise. Secondly, the association collaborates with entities that influence public education in New Jersey, fostering collaboration and knowledge sharing. Ultimately, NJASBO's mission is to contribute to the betterment of public education in the State of New Jersey by providing a wide array of educational conferences, conventions, meetings, workshops, and programs for approximately 650 members and business associates.
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Impact
October, 2024
The New Jersey Association of School Business Officials (NJASBO) plays a crucial role in enhancing the fiscal operations of school districts across the state. By promoting high standards of ethics and efficiency, NJASBO helps ensure that educational institutions are managed effectively, benefiting students and the broader community.
Through a range of conferences, conventions, meetings, workshops, and programs, NJASBO provides professional development and support to its approximately 650 members, which include school business officials and associated business professions. This focus on education and improvement fosters a knowledgeable workforce capable of navigating the complexities of school finance, ultimately leading to better resource management in public education.
Additionally, NJASBO collaborates with various entities that influence public education in New Jersey. This collaboration enables the association to stay aligned with the needs of the educational sector and adapt to changes, ensuring that school districts remain accountable and sustainable in their financial practices. Overall, NJASBO significantly impacts community improvement by fostering efficient fiscal management and enhancing educational quality throughout New Jersey.
This information is meant to be a general summary of New Jersey Association Of School Business Officials. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,573
- Program Service Revenue: $1,684,999
- Gross Receipts: $1,691,572
Assets and Liabilities:
- Total Assets: $2,463,617
- Total Liabilities: $457,441
- Net Assets: $2,006,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATION COURSES
Revenue
$110,841
CONFERENCES
Revenue
$279,735
Membership Dues & Assessments
Revenue
$724,838
MISC. & SPECIAL PROJECTS
Revenue
$365,970
Workhops & Seminars
Revenue
$203,615
Organization Details
Founding Year
1981
Phone
(609) 689-3870Principal Officer
Robert Colavita
Main Address
4 AAA DRIVE 101, ROBBINSVILLE, NJ, 08691
Website
www.njasbo.comNTEE Category
Code: S41 - Community improvement
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