Maryland Association Of School Business Officials Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237057249 ✦ Bel air, MD ✦ Designated as a 501(c)(3)

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Overview

What is Maryland Association Of School Business Officials Inc?

The Maryland Association of School Business Officials Inc, located at 1200-C Agora Drive, Bel Air, MD 21014, is a dedicated nonprofit organization. Its primary mission is to empower school business professionals, ensuring they can deliver top-notch support services to the educational community. They achieve this goal by offering ample opportunities for knowledge-sharing, allowing colleagues to exchange business solutions. Through rigorous professional development, the organization enhances business practices, while providing access to best practices and scholarly research. The Maryland Association of School Business Officials Inc conducts two annual education conferences, multiple workshops on members' interests, and teaches the Foundations of School Business Curriculum, contributing significantly to the educational sector.


Official website here: www.asbo.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)

The Maryland Association of School Business Officials Inc has received an overall score of 85%, reflecting a solid standing in terms of accountability and financial practices. The organization boasts a fully independent board, with 100% of its members being independent. It has also demonstrated strong financial oversight, with no material diversion of assets reported and a commendable liabilities to assets ratio of 11.11%.

While the organization excels in many areas, there are some limitations noted in its governance practices. Notably, the whistleblower policy is missing, which is a critical component of organizational transparency and accountability. Additionally, the program expense ratio stands at 64.33%, indicating that while a significant portion of funds is directed towards programs, there is room for improvement in this area to enhance overall programmatic impact.


This AI summary has been generated from information found on Charity Navigator.

Is Maryland Association Of School Business Officials Inc legitimate?

Maryland Association Of School Business Officials Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Association Of School Business Officials Inc 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: $147,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.asbo.org

What is the mission statement of Maryland Association Of School Business Officials Inc?

The Maryland Association of School Business Officials, Inc., strives to empower school business professionals by providing them with opportunities to share business solutions with their colleagues. This organization aims to improve business practices through rigorous professional development. Furthermore, it offers access to the best practices and scholarly research, thereby enabling these professionals to deliver high-quality support services to the educational community.


Official website here: www.asbo.org

Who is the CEO of Maryland Association Of School Business Officials Inc?

Jeffrey Laporta is the Immediate Past President of Maryland Association Of School Business Officials Inc.


Official website here: www.asbo.org

What is the revenue of Maryland Association Of School Business Officials Inc?

Maryland Association Of School Business Officials Inc's revenue in 2023 was $564,223.


Official website here: www.asbo.org

Who are the executives of Maryland Association Of School Business Officials Inc and what are their salaries?

The average compensation at Maryland Association Of School Business Officials Inc during 2023 was $147,704. There is 1 employee at Maryland Association Of School Business Officials Inc.


Here are 17 key members and their salaries:


Craig Blackwell (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Laporta (Executive Director)
  • Compensation: $111,182
  • Related: $0
  • Other: $0
Teri Dennison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Phillips (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Brooke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Lundskow (Vice - President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Reilly (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Dwayne Abt (President - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Viar Pullen (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Philbin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Camden (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Walls (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Towers (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Gott (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Smith (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Codner (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lake (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.asbo.org

Where can I find the form 990 for Maryland Association Of School Business Officials Inc?

Maryland Association Of School Business Officials Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.asbo.org

Learn more at the official website: www.asbo.org

Mission Statement of Maryland Association Of School Business Officials Inc

The Maryland Association of School Business Officials, Inc., is dedicated to empowering school business professionals by providing them with the necessary tools to deliver high-quality support services to the educational community. This is achieved by offering them opportunities to share business solutions with their colleagues, thereby improving business practices through rigorous professional development. Furthermore, the organization strives to make best practices and scholarly research accessible to these professionals, thereby enhancing their overall effectiveness. In essence, the Maryland Association of School Business Officials, Inc., aims to equip school business professionals with the necessary skills and knowledge to deliver optimal support services to the educational community.

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Impact




July, 2024

The Maryland Association of School Business Officials Inc's impact lies in ensuring that school business professionals are equipped to deliver the highest quality support services to the educational community. By providing opportunities for professionals to share business solutions with colleagues, improving business practices through rigorous professional development, and granting access to best practices and scholarly research, this organization contributes significantly to enhancing the efficiency and effectiveness of school business operations in Maryland. Through their professional development offerings like annual education conferences, workshops, and curriculum, they play a crucial role in advancing the knowledge and skills of school business professionals, ultimately benefiting the educational community as a whole.




This information is meant to be a general summary of Maryland Association Of School Business Officials Inc. 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.

Revenue
$564,223 (2023)
Expenses
$484,133 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $21
  • Program Service Revenue: $564,202
  • Gross Receipts: $564,223

Assets and Liabilities:

  • Total Assets: $543,257
  • Total Liabilities: $60,406
  • Net Assets: $482,851

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROFESSIONAL DEVELOPME

Revenue

$353,847

STRATEGIC PARTNERSHIPS

Revenue

$124,550

MEMBERSHIP DUES

Revenue

$85,805

Organization Details

Founding Year

1952

Principal Officer

Jeffrey Laporta

Main Address

1200-C AGORA DRIVE 241, BEL AIR, MD, 21014

NTEE Category

Code: S41 - Community improvement

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