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National Association Of State Budget Officers

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

EIN: 521625594 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is National Association Of State Budget Officers?

The National Association of State Budget Officers (NASBO) is a distinguished nonprofit organization located in Washington, D.C. Their primary mission is to promote research and cooperation among state budget officials to enhance budget preparation and management. They achieve this through various means, including publishing twice-yearly reports on state budgets, hosting webinars and conference calls for member education, and providing up-to-date information on federal actions impacting states. During the COVID-19 pandemic, NASBO released additional reports and emails to keep members informed. They also monitor and publish information on governors' state of the state speeches and offer research assistance on state finance and policy analysis. The organization aims to foster greater efficiency and economy in programs and services by improving resource allocation techniques. With over 600 employees, NASBO plays a significant role in the budgeting processes of various states.


Official website here: www.nasbo.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The National Association Of State Budget Officers has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive overall score of 94%, the organization demonstrates a solid commitment to transparency and effective management of resources. Key strengths include a fully independent board, a well-structured audit and oversight committee, and a high program expense ratio, indicating that a significant portion of its resources is dedicated to its mission-related activities.

The organization has also earned perfect scores in several areas, such as conflict of interest and whistleblower policies, which further underscores its commitment to ethical governance. Additionally, the absence of any material diversion of assets shows a strong financial integrity. The financial health is reinforced by a low liabilities to assets ratio and a favorable working capital ratio, emphasizing the organization's capacity to fulfill its obligations and sustain its operations.

While the organization excels in many areas, some may seek further details on specific programs or outcomes related to its initiatives. Overall, the National Association Of State Budget Officers stands out as a well-managed nonprofit that prioritizes accountability and effective use of funds.


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

Is National Association Of State Budget Officers legitimate?

National Association Of State Budget Officers is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association Of State Budget Officers 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: $246,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $707,911

For more financial information, click here


Official website here: www.nasbo.org

What is the mission statement of National Association Of State Budget Officers?

The National Association of State Budget Officers (NASBO) aims to encourage research and study in state budgeting, promote cooperation among states for more effective budget preparation and management, and achieve greater efficiency and economy in programs and services through improved resource allocation techniques. NASBO provides member services and technical assistance, such as publishing reports on budget data, providing up-to-date information on federal actions that impact states, and offering issue briefs on topics of interest to state budget officers. NASBO staff handles research inquiries and shares information about state budgets through webinars, conference calls, and meetings, fostering collaboration among budget officers from different states.


Official website here: www.nasbo.org

Who is the CEO of National Association Of State Budget Officers?

Shelby Kerns is the President of National Association Of State Budget Officers.


Official website here: www.nasbo.org

What is the revenue of National Association Of State Budget Officers?

National Association Of State Budget Officers's revenue in 2022 was $1,793,465.


Official website here: www.nasbo.org

Who are the executives of National Association Of State Budget Officers and what are their salaries?

The average compensation at National Association Of State Budget Officers during 2022 was $136,344. There are 7 employees and 13 volunteers at National Association Of State Budget Officers.


Here are 15 key members and their salaries:


Kate Nass (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Larson (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Nicole (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Arpin (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Strum (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doryan Carlton (Southern Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Walker (Southern Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer O'Neal (Eastern Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bran Shim (Eastern Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Womer (Eastern Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Murnieks (Midwest Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zac Jackson (Midwest Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keely Bosler (Western Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cinthia Martinez (Western Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelby Kerns (Executive Director & Secretary/Treasurer)
  • Compensation: $220,848
  • Related: $0
  • Other: $20,023


Official website here: www.nasbo.org

Where can I find the form 990 for National Association Of State Budget Officers?

National Association Of State Budget Officers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nasbo.org

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

Mission Statement of National Association Of State Budget Officers

The National Association of State Budget Officers (NASBO) is an organization dedicated to fostering research, information exchange, and cooperation in state budgeting. Its primary objective is to enhance budget preparation and management, leading to greater efficiency and cost-effectiveness in the allocation and use of resources. NASBO achieves this by encouraging studies and research in state budgeting, promoting collaboration among budget officers, and advocating for improved techniques to optimize resource allocation and management.

In pursuit of its mission, NASBO provides various services to its members. Twice a year, it publishes the Fiscal Survey of States Report, which offers data from all governors' proposed and enacted budgets. Additionally, NASBO releases the State Expenditure Report annually, examining spending in the functional areas of state budgets. NASBO also distributes an in-depth report every Monday, providing up-to-date information on significant federal actions impacting states. During the COVID-19 pandemic, NASBO released an additional report on Wednesdays. Furthermore, it sends a weekly email to budget staff with press clips covering top budget stories in the states, as well as updates on health care issues that significantly affect state budgets. NASBO monitors state fiscal conditions, governors' proposals, and press accounts to keep members informed about state-by-state budget and revenue outlooks, providing a monthly "News Flash."

In addition to its monitoring and reporting functions, NASBO is proactive in tracking federal actions that affect states. It has a weekly publication to monitor these actions and offers in-depth issue summaries on topics of critical interest to state budget officers. NASBO staff handles research inquiries, providing information on practices in other states, policy analysis, and insights into federal actions impacting state finance. The organization also tracks and publishes information on governors' state of the state speeches, detailing their priorities. NASBO staff travels to state budget offices and speaks at conferences throughout the year to share information about state budgets, and hosts webinars and conference calls for members' education and discussion. With three major national meetings each year, NASBO provides opportunities for members to focus on policy issues, intergovernmental issues, and economic trends, allowing them to engage with colleagues from other states and exchange promising practices.

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Impact




July, 2024

The National Association of State Budget Officers (NASBO) plays a crucial role in improving state budgeting practices and promoting efficiency in the allocation of resources among member states. Through its various activities, NASBO provides valuable services and technical assistance to its members, facilitating the exchange of information, promoting cooperation, and enhancing the effectiveness of budget preparation and management at the state level.

NASBO's publications, such as the Fiscal Survey of States report and the State Expenditure Report, offer critical insights into state budgetary matters, allowing members to stay informed about governors' proposals, revenue outlooks, and important federal actions affecting states. This information is essential for state budget officers to make informed decisions and effectively manage their financial resources.

Additionally, NASBO's efforts to monitor federal actions that impact states, provide issue briefs on relevant topics, and offer research assistance contribute to the organization's overall impact on state budgeting practices. By organizing webinars, conference calls, and national meetings, NASBO creates opportunities for members to engage in discussions, share ideas, and learn from one another, ultimately fostering collaboration and the sharing of best practices in state budget management.




This information is meant to be a general summary of National Association Of State Budget Officers. 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
$1,793,465 (2022)
Expenses
$1,888,610 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $84,683
  • Program Service Revenue: $44,075
  • Gross Receipts: $1,837,355

Assets and Liabilities:

  • Total Assets: $4,276,380
  • Total Liabilities: $1,004,935
  • Net Assets: $3,271,445

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Programs

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

CONFERENCES

Revenue

$44,075

Organization Details

Founding Year

1993

Principal Officer

Shelby Kerns

Main Address

444 N CAPITOL ST NW 642, WASHINGTON, DC, 20001

NTEE Category

Code: T20Z - Philanthropy

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