Overview
What is Minnesota Association Of School Business Officials?
The Minnesota Association of School Business Officials (MASBO) is a nonprofit organization situated in St. Paul, Minnesota. Their primary mission is to enhance the knowledge and capabilities of school business professionals, serving as a platform for their collective voice. They achieve this through various means, including conducting meetings, workshops, and seminars. Notable events include the fall, winter, and spring conferences, which attract over 250 attendees each, and the MASBO Institute, a multi-day program encompassing all facets of school business management. Additionally, they offer a leadership academy, delivering focused training to School Business Officials, and a certification program designed to equip current and prospective professionals with practical skills. Furthermore, MASBO conducts webinars to disseminate timely information on school business tasks, ensuring their members stay informed and well-equipped.
Official website here: www.mnasbo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Minnesota Association of School Business Officials has received a One-Star rating from Charity Navigator, reflecting a score of 57%. This rating highlights significant concerns, particularly in the accountability and financial transparency aspects of the organization. While the charity has a fully independent board and appropriate policies in place concerning conflicts of interest and whistleblower protections, the lack of financial statements has significantly impacted its overall score.
Strengths of the organization include a fully independent board, which enhances governance integrity, and a strong liabilities to assets ratio of 14.12%, indicating responsible financial management. The organization also maintains proper documentation practices, as evidenced by the availability of board meeting minutes and the listing of important policies on their tax form. However, the program expense ratio, at 50.57%, raises questions about the proportion of resources being directed towards fulfilling its mission.
In summary, the Minnesota Association of School Business Officials shows strengths in governance and financial ratios, but the absence of financial statements is a critical limitation that affects its transparency and accountability. Potential donors and stakeholders may want to consider this aspect when evaluating the organization’s overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Association Of School Business Officials legitimate?
Minnesota Association Of School Business Officials is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota 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: $98,522
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mnasbo.org
What is the mission statement of Minnesota Association Of School Business Officials?
The Minnesota Association of School Business Officials (MASBO) is dedicated to enhancing the knowledge and skills of school business professionals. By providing a platform, it empowers this profession with a voice and a forum for collective discussions. The organization accomplishes this through various activities such as conferences, workshops, seminars, and webinars. These events offer opportunities for networking, knowledge sharing, and timely information on school business tasks. The MASBO Institute is a multi-day event that introduces various aspects of school business management, while the leadership academy offers focused training to School Business Officials for leadership development. Additionally, MASBO offers a certification program to assist members in excelling in their careers, providing practical information and resources.
Official website here: www.mnasbo.org
Who is the CEO of Minnesota Association Of School Business Officials?
John Carlson is the President Elect of Minnesota Association Of School Business Officials.
Official website here: www.mnasbo.org
What is the revenue of Minnesota Association Of School Business Officials?
Minnesota Association Of School Business Officials's revenue in 2022 was $603,485.
Official website here: www.mnasbo.org
Who are the executives of Minnesota Association Of School Business Officials and what are their salaries?
The average compensation at Minnesota Association Of School Business Officials during 2022 was $98,522. There is 1 employee and 30 volunteers at Minnesota Association Of School Business Officials.
Here are 8 key members and their salaries:
- Compensation: $94,660
- Related: $0
- Other: $6,125
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mnasbo.org
Where can I find the form 990 for Minnesota Association Of School Business Officials?
Minnesota Association Of School Business Officials's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mnasbo.org
Learn more at the official website: www.mnasbo.org
Mission Statement of Minnesota Association Of School Business Officials
The Minnesota Association of School Business Officials (MASBO) is committed to enhancing the knowledge and abilities of school business professionals. By serving as a platform for their voice and fostering a collaborative environment, MASBO aims to provide a forum where these professionals can network and share information. To achieve this mission, the organization conducts a variety of educational events, including conferences, workshops, and seminars. These events attract a significant number of attendees, with over 250 individuals participating in the fall, winter, and spring conferences.
One of the key initiatives by MASBO is the MASBO Institute, a multi-day program that offers a comprehensive introduction to various aspects of school business management. Additionally, MASBO provides focused training through its Leadership Academy, which is specifically designed to equip School Business Officials with practical leadership skills. These educational opportunities not only help professionals excel in their current roles but also prepare them for future career advancements. Furthermore, MASBO offers a certification program, which provides valuable information and resources to current and prospective school business officials. The organization also conducts webinars to deliver timely information on various school business tasks. In summary, the mission of MASBO is to empower school business professionals by advancing their knowledge and abilities and providing a platform for them to network and share information.
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Impact
July, 2024
The Minnesota Association of School Business Officials advances the knowledge and abilities of school business professionals by providing a platform for networking, skill advancement, and information sharing. Through meetings, workshops, seminars, conferences, and certification programs, MASBO equips its members with the practical skills and leadership training needed to excel in their careers. With over 250 attendees at each event, MASBO's impact is significant in enhancing the professionalism and effectiveness of school business officials in Minnesota.
This information is meant to be a general summary of Minnesota 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: $116,062
- Program Service Revenue: $487,023
- Gross Receipts: $603,485
Assets and Liabilities:
- Total Assets: $1,252,306
- Total Liabilities: $189,114
- Net Assets: $1,063,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBITORS
Revenue
$51,100
Membership Dues & Assessments
Revenue
$125,815
REGISTRATIONS
Revenue
$241,208
SPONSORSHIPS
Revenue
$68,900
Organization Details
Founding Year
1950
Phone
(651) 290-7485Principal Officer
John Carlson
Main Address
1000 WESTGATE DRIVE 252, ST PAUL, MN, 55114
Website
www.mnasbo.orgNTEE Category
Code: B20C - Education
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