Overview
What is Illinois Association Of School Business Officials?
The Illinois Association of School Business Officials (Illinois ASBO) is a nonprofit organization based in Dekalb, Illinois. Their primary mission is to foster educational, scientific, and charitable purposes, primarily focusing on school administration. They strive to enhance the management of schools at all levels, conduct research programs in the field, and improve the abilities of individuals involved in school administration. Moreover, Illinois ASBO promotes ethical conduct and offers a comprehensive range of professional development activities, services, and advocacy for its members and stakeholders. Headquartered at Northern Illinois University, they have a dedicated workforce of 30 individuals committed to advancing education in Illinois.
Official website here: www.iasbo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Illinois Association of School Business Officials has received a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and finance practices. The organization achieved a high score primarily due to its independent board composition and robust financial oversight. With 100% of its board members being independent, and all key financial policies being well defined and documented, the organization demonstrates a commitment to transparency and ethical governance.
Strengths of the Illinois Association include a solid financial structure, evidenced by a low liabilities to assets ratio of 18.32%, indicating a healthy balance sheet. Additionally, the organization dedicates a significant portion of its budget—67.03%—to program expenses, highlighting its focus on fulfilling its mission rather than excessive administrative costs. The presence of comprehensive policies, such as conflict of interest and whistleblower guidelines, further reinforces its accountability.
Despite these strengths, the program expense ratio reflects room for improvement, as it scored slightly lower in that area. However, overall, the Illinois Association of School Business Officials appears to be well-managed, with strong financial health and effective governance practices, making it a reliable choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Illinois Association Of School Business Officials legitimate?
Illinois Association Of School Business Officials is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,909,298
For more financial information, click here
Official website here: www.iasbo.org
What is the mission statement of Illinois Association Of School Business Officials?
The Illinois Association of School Business Officials (IASBO) is organized for educational, scientific, and charitable purposes. Its mission includes promoting education at various levels, enabling better school management, conducting research in school administration, improving skills in the field, advocating for high ethical standards, and engaging in any lawful activities incidental to these purposes. The organization's primary goal is to provide its members and stakeholders with a comprehensive range of professional development activities, services, and advocacy, aiming to enhance their capabilities and contribute to the improvement of the educational sector.
Official website here: www.iasbo.org
Who is the CEO of Illinois Association Of School Business Officials?
Michael Jacoby is the Ceo of Illinois Association Of School Business Officials. The CEO's salary of Illinois Association Of School Business Officials is $264,979 and their total compensation is $308,310.
Official website here: www.iasbo.org
What is the revenue of Illinois Association Of School Business Officials?
Illinois Association Of School Business Officials's revenue in 2022 was $4,805,268.
Official website here: www.iasbo.org
Who are the executives of Illinois Association Of School Business Officials and what are their salaries?
The average compensation at Illinois Association Of School Business Officials during 2022 was $63,643. There are 30 employees and 200 volunteers at Illinois Association Of School Business Officials.
Here are 16 key members and their salaries (Illinois Association Of School Business Officials's CEO's salary is $264,979 and their total compensation is $308,310):
- Compensation: $264,979
- Related: $0
- Other: $43,331
- Compensation: $141,200
- Related: $0
- Other: $0
- Compensation: $56,791
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.iasbo.org
Where can I find the form 990 for Illinois Association Of School Business Officials?
Illinois Association Of School Business Officials's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iasbo.org
Learn more at the official website: www.iasbo.org
Mission Statement of Illinois Association Of School Business Officials
Illinois Association of School Business Officials (IASBO) is a nonprofit organization dedicated to educational, scientific, and charitable purposes. Its primary objective is to enhance the management of schools at all levels, from elementary to post-graduate. IASBO achieves this by conducting research programs in the field of school administration, publishing the findings, and providing education to improve the abilities of individuals involved in school administration.
Furthermore, IASBO strives to promote the highest standards of ethical conduct within the field of school administration. By doing so, it aims to advance education and contribute to a comprehensive range of professional development activities, services, and advocacy for its members and stakeholders. This nonprofit organization's mission is to empower its members and the general public to manage schools effectively, ensuring the delivery of quality education at all levels.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Illinois Association of School Business Officials (Illinois ASBO) significantly impacts the education sector by enhancing the management and administration of schools at all levels. Through its commitment to education, Illinois ASBO develops comprehensive professional development programs and training for school business officials, ensuring that its members are equipped with the skills necessary for effective governance and operational excellence.
By conducting research in the field of school administration and disseminating findings, Illinois ASBO contributes valuable insights that help improve the overall effectiveness of school management. Their focus on ethical standards fosters integrity among school administrators, which in turn benefits the educational environment for students and staff alike.
Additionally, Illinois ASBO empowers its members and the broader community through advocacy efforts, enabling informed decision-making regarding the financial and operational aspects of education. This collective endeavor not only improves the efficiency of individual institutions but also promotes a culture of excellence in school administration across the state, ultimately enhancing the educational experience for all stakeholders involved.
This information is meant to be a general summary of Illinois 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: $62,410
- Program Service Revenue: $2,536,286
- Gross Receipts: $4,826,668
Assets and Liabilities:
- Total Assets: $5,714,623
- Total Liabilities: $1,135,146
- Net Assets: $4,579,477
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$764,287
PROCUREMENT CARD
Revenue
$654,505
LIQUID ASSET FUND
Revenue
$574,699
WORKSHOP FEES
Revenue
$473,390
JOINT CONFERENCE
Revenue
$69,405
Organization Details
Founding Year
1952
Phone
(815) 753-1276Principal Officer
Michael Jacoby
Main Address
NORTHERN ILLINOIS UNIVERSITY IA103, DEKALB, IL, 60115
Website
www.iasbo.orgNTEE Category
Code: S40 - Community improvement
If you are a representative of Illinois Association Of School Business Officials and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.