Overview
What is Association Of School Business Officials International?
The Association of School Business Officials International is a nonprofit organization situated in Ashburn, Virginia. Their primary mission is to advance the field of school business management by promoting best practices and providing continuous learning opportunities. This is accomplished through various programs, including their annual meeting & expo, executive leadership forum, Eagle Institute, and the Global School Business Network. These initiatives aim to reduce costs, optimize revenues, and effectively allocate resources in K-12 schools, ultimately improving teaching and learning for all students. The organization has a strong commitment to its mission, with over 200 dedicated employees working towards its goals.
Official website here: www.asbointl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating
The Association of School Business Officials International has achieved a high level of fiscal accountability and transparency, reflected in its impressive 96% rating from Charity Navigator. The score is derived entirely from the Accountability & Finance beacon, showcasing the organization’s commitment to responsible financial practices. With a completely independent board and thorough oversight mechanisms in place, the organization demonstrates strong governance.
Strengths highlighted include a significant focus on program expenses, which stand at 70.81%, indicating that a substantial portion of their funds is directed towards their educational initiatives. Additionally, the organization has well-defined policies in place, including conflict of interest and whistleblower policies, which contribute to its overall transparency and ethical standards.
While the data shows a robust financial structure with a low liabilities-to-assets ratio of 17.54%, it is crucial for potential donors to consider the organization's mission and impact. Overall, the Association of School Business Officials International is positioned as a trustworthy entity in the nonprofit sector, emphasizing effective use of resources to further its objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Association Of School Business Officials International legitimate?
Association Of School Business Officials International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association Of School Business Officials International 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: $586,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $906,798
For more financial information, click here
Official website here: www.asbointl.org
What is the mission statement of Association Of School Business Officials International?
The Association of School Business Officials International (ASBO International) strives to propel the field of school business management forward. They accomplish this through various professional growth opportunities, programs, and services, encouraging the adoption of top-notch school business management practices. ASBO International serves as a global network of support, fostering continuous learning among its members to help reduce costs, optimize revenues, and effectively allocate school district resources, ultimately improving teaching and learning for all K-12 students.
The organization offers several development programs, such as the Annual Meeting & Expo, Executive Leadership Forum, Eagle Institute, and the Global School Business Network. These platforms provide a wealth of resources, including educational sessions, executive-level leadership development, history-based leadership development, and a professional networking platform connecting nearly 10,000 school business professionals worldwide.
By promoting these standards and providing comprehensive educational resources, ASBO International aims to empower school business officials to make informed decisions, ensuring the optimal use of resources for the betterment of students' educational experiences.
Official website here: www.asbointl.org
Who is the CEO of Association Of School Business Officials International?
Siobhan Mcmahon is the President of Association Of School Business Officials International.
Official website here: www.asbointl.org
What is the revenue of Association Of School Business Officials International?
Association Of School Business Officials International's revenue in 2022 was $3,141,480.
Official website here: www.asbointl.org
Who are the executives of Association Of School Business Officials International and what are their salaries?
The average compensation at Association Of School Business Officials International during 2022 was $67,888. There are 22 employees at Association Of School Business Officials International.
Here are 13 key members and their salaries:
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- Compensation: $112,138
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- Other: $26,131
Official website here: www.asbointl.org
Where can I find the form 990 for Association Of School Business Officials International?
Association Of School Business Officials International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.asbointl.org
Learn more at the official website: www.asbointl.org
Mission Statement of Association Of School Business Officials International
The Association of School Business Officials International, often abbreviated as ASBO International, is committed to advancing the profession of school business management. Their primary objective is to propel the field forward by offering a plethora of professional growth opportunities, programs, and services. Through these offerings, ASBO International aims to uphold the highest standards of school business management practices. The organization serves as a global network of support, fostering continuous learning among its members.
The professional development program is a key component of ASBO International's mission. Its goal is to facilitate ongoing learning throughout the year, enabling members to reduce costs, optimize revenues, and effectively allocate school district resources to enhance teaching and learning for all K-12 students. The program encompasses various initiatives, such as the Annual Meeting & Expo, which features educational sessions that are recorded and made available to over 15,000 school districts. Additionally, ASBO International offers the Executive Leadership Forum, providing executive-level leadership development to approximately 300 school business leaders annually. The Eagle Institute offers history-based leadership development to approximately 45 school business leaders annually, and the Global School Business Network is a professional networking platform that connects nearly 10,000 school business professionals.
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Impact
October, 2024
The Association of School Business Officials International (ASBO International) plays a critical role in enhancing the effectiveness and efficiency of school business operations. Through its professional development programs, ASBO International fosters continuous learning for its members, enabling them to reduce costs, optimize revenues, and allocate resources effectively to enrich teaching and learning experiences for K-12 students.
Key initiatives include the Annual Meeting & Expo, where educational sessions are recorded and shared with over 15,000 school districts, ensuring widespread access to valuable insights and best practices. The Executive Leadership Forum offers specialized leadership development to approximately 300 school business leaders each year, fostering higher-level management skills that impact entire school districts. Additionally, the Eagle Institute provides history-based leadership training to around 45 select professionals, enhancing their decision-making capabilities.
ASBO International also spearheads the Global School Business Network, connecting nearly 10,000 school business professionals around the world. This networking platform not only promotes collaboration but also elevates standards in school business management practices. Through these efforts, ASBO International significantly influences the landscape of school business, driving improvements that ultimately benefit students and the educational community at large.
This information is meant to be a general summary of Association Of School Business Officials International. 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: $61,541
- Program Service Revenue: $1,845,387
- Gross Receipts: $3,141,480
Assets and Liabilities:
- Total Assets: $8,517,607
- Total Liabilities: $1,853,061
- Net Assets: $6,664,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$600,293
ANNUAL MEETING
Revenue
$547,583
EXHIBITS
Revenue
$280,045
ALL OTHER PROGRAM SERV
Revenue
$120,021
MERITOUS BUDGET AWARDS
Revenue
$102,145
Organization Details
Founding Year
1986
Phone
(703) 478-0405Principal Officer
Siobhan Mcmahon
Main Address
44790 MAYNARD SQUARE 200, ASHBURN, VA, 20147
Website
www.asbointl.orgNTEE Category
Code: S41 - Community improvement
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