Overview
What is Michigan School Business Officials?
Michigan School Business Officials, abbreviated as MSBO, is a nonprofit organization situated in Lansing, Michigan. With a team of 14 dedicated individuals, MSBO's mission is to continuously enhance the leadership and management skills in school business and operational services. They strive to improve the professional, social, and economic well-being of their members. To achieve this goal, they conduct in-service training workshops for school business officials, both members and non-members, as well as businesses that offer products and services to Michigan schools. These workshops aim to foster growth and development within the school business sector. MSBO also hosts workshops that cater to Michigan businesses, providing them with opportunities to engage with the educational system.
Official website here: www.msbo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Michigan School Business Officials has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization excelled in all evaluated areas, particularly in maintaining a fully independent board and demonstrating effective financial management practices. The high program expense ratio indicates that a substantial portion of their resources is allocated towards their programs, which is a positive sign for potential donors.
The nonprofit has established a series of robust policies, including conflict of interest, whistleblower, and document retention strategies, all of which contribute to its overall accountability score. Their financial statements received a perfect audit score, and they reported no material diversion of assets, showcasing their dedication to ethical operations.
While the ratings are highly favorable, potential supporters should consider that the assessment is primarily focused on financial and governance metrics. Additional qualitative measures of impact and community engagement may provide a more comprehensive understanding of the organization's effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan School Business Officials legitimate?
Michigan School Business Officials is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan 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: $285,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,120,934
For more financial information, click here
Official website here: www.msbo.org
What is the mission statement of Michigan School Business Officials?
Michigan School Business Officials, as an organization, is committed to continually enhancing the leadership and management skills in the field of school business and operational services. Their mission extends beyond professional growth, aiming to improve the social and economic well-being of its members. They achieve this by providing in-service training workshops, open to both members and non-members, as well as Michigan businesses that cater to the educational sector. These workshops aim to foster a learning environment and strengthen the connections within the community.
Official website here: www.msbo.org
What is the revenue of Michigan School Business Officials?
Michigan School Business Officials's revenue in 2024 was $5,372,756.
Official website here: www.msbo.org
Who are the executives of Michigan School Business Officials and what are their salaries?
The average compensation at Michigan School Business Officials during 2024 was $93,760. There are 15 employees and 300 volunteers at Michigan School Business Officials.
Here are 13 key members and their salaries:
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- Compensation: $246,345
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- Other: $73,234
- Compensation: $172,263
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- Other: $61,998
- Compensation: $143,339
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- Other: $50,905
Official website here: www.msbo.org
Where can I find the form 990 for Michigan School Business Officials?
Michigan School Business Officials's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.msbo.org
Learn more at the official website: www.msbo.org
Mission Statement of Michigan School Business Officials
Michigan School Business Officials, abbreviated as MSBO, is dedicated to continually enhancing the leadership and management skills in school business and operational services. Their primary goal is to boost the professional, social, and economic well-being of its members. By organizing in-service training workshops, MSBO caters to both its members and non-members, as well as Michigan businesses that offer products and services to schools. These workshops aim to improve the proficiency and effectiveness of school business officials, thereby contributing to the overall success of educational institutions.
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Impact
July, 2024
Michigan School Business Officials plays a vital role in advancing the leadership and management in school business and operational services in Michigan. By providing in-service training workshops for school business officials and collaborating with businesses serving schools, MSBO contributes to the professional development and economic well-being of its members. Through its efforts, MSBO actively works towards enhancing the efficiency and effectiveness of school operations, ultimately benefiting the education system in the state.
This information is meant to be a general summary of Michigan 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 2024.
- Investment Income: $409,899
- Program Service Revenue: $2,640,499
- Gross Receipts: $5,372,756
Assets and Liabilities:
- Total Assets: $6,946,141
- Total Liabilities: $695,053
- Net Assets: $6,251,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT REVENUE
Revenue
$2,490,688
SNAM REVENUE
Revenue
$149,811
Organization Details
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