Overview
What is National Business Officers Association Inc?
National Business Officers Association Inc, based in Washington D.C., is a dedicated nonprofit organization with a mission to support the business operations of independent schools. They offer a range of services to their 1,400 member schools, including information sharing, education, research, enhanced communications, and a pooled purchasing program and affinity programs. The association aims to streamline business and strategic operations, promoting best practices in financial operations, facilities management, human resources, and information technology within the independent school sector. By doing so, the National Business Officers Association Inc strives to advance education in these institutions, ensuring world-class business operations that support their educational objectives.
Official website here: www.nboa.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The National Business Officers Association Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's score is derived entirely from its performance in the Accountability & Finance beacon, reflecting its transparency and responsible management of resources.
Strengths of the organization include its majority independent board, with all members being independent, and a solid financial oversight structure. The organization demonstrates strong practices in areas like audit oversight, conflict of interest policies, and document retention, all of which contribute to its favorable rating. Additionally, the program expense ratio shows that a significant portion of its financial resources is directed toward its programs, indicating effective use of funds.
While the data does not highlight any limitations, the overall positive feedback suggests that the National Business Officers Association Inc is committed to maintaining high standards in governance and financial management. This strong rating provides confidence to potential donors and stakeholders about the organization's integrity and impact.
This AI summary has been generated from information found on Charity Navigator.
Is National Business Officers Association Inc legitimate?
National Business Officers Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Business Officers Association Inc 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: $516,541
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,958,559
For more financial information, click here
Official website here: www.nboa.org
What is the mission statement of National Business Officers Association Inc?
The National Business Officers Association Inc. is dedicated to supporting various aspects of independent school business operations. This encompasses financial management, facilities maintenance, human resources, and information technology. The organization actively promotes and develops best business practices to enhance the operations of independent schools. By doing so, they aim to provide a foundation for excellence in education, backed by top-notch business operations.
Official website here: www.nboa.org
Who is the CEO of National Business Officers Association Inc?
Jeffrey Shields is the President And Ceo of National Business Officers Association Inc. The CEO's salary of National Business Officers Association Inc is $444,841 and their total compensation is $518,937.
Official website here: www.nboa.org
What is the revenue of National Business Officers Association Inc?
National Business Officers Association Inc's revenue in 2022 was $6,251,531.
Official website here: www.nboa.org
Who are the executives of National Business Officers Association Inc and what are their salaries?
The average compensation at National Business Officers Association Inc during 2022 was $117,862. There are 21 employees and 112 volunteers at National Business Officers Association Inc.
Here are 25 key members and their salaries (National Business Officers Association Inc's CEO's salary is $444,841 and their total compensation is $518,937):
- Compensation: $444,841
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- Other: $74,096
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- Other: $36,670
- Compensation: $174,912
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- Other: $33,714
- Compensation: $149,823
- Related: $0
- Other: $24,419
- Compensation: $121,449
- Related: $0
- Other: $30,147
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Official website here: www.nboa.org
Where can I find the form 990 for National Business Officers Association Inc?
National Business Officers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nboa.org
Learn more at the official website: www.nboa.org
Mission Statement of National Business Officers Association Inc
The National Business Officers Association Inc, abbreviated as NBOA, plays a pivotal role in supporting the business operations of independent schools. Its mission is multi-faceted, encompassing various aspects such as financial management, facilities maintenance, human resources, and information technology. The organization's primary objective is to promote and develop best business practices that can enhance the operations of these independent schools, thereby contributing to the advancement of education. NBOA is dedicated to ensuring that the educational institutions it serves operate at their optimal best, with world-class business operations providing a solid foundation for excellence in education.
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Impact
July, 2024
The National Business Officers Association Inc supports all aspects of independent school business operations through information sharing, education, research, enhanced communications, and pooled purchasing programs. With 1,400 assisted members, NBOA helps streamline business and strategic operations for independent schools. By developing and promoting best business practices, NBOA advances independent schools and ensures excellence in education supported by world-class business operations.
This information is meant to be a general summary of National Business Officers Association Inc. 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: $186,845
- Program Service Revenue: $5,482,805
- Gross Receipts: $6,406,669
Assets and Liabilities:
- Total Assets: $9,775,215
- Total Liabilities: $3,313,742
- Net Assets: $6,461,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,046,595
PROGRAMS & EVENTS
Revenue
$1,217,788
ADVERTISING
Revenue
$218,422
Organization Details
Founding Year
1998
Phone
(202) 407-7140Principal Officer
Jeffrey Shields
Main Address
1400 I STREET NW 675, WASHINGTON, DC, 20005
Website
www.nboa.orgNTEE Category
Code: A99 - Arts
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