Overview
What is North Carolina Association Of School Business Offi?
North Carolina Association Of School Business Officials (NCASBO) is a nonprofit organization situated in Rockingham, North Carolina. With a team of just two dedicated individuals, NCASBO offers expert assistance to local public schools facing challenges. Their primary mission involves providing professional development and leadership training for financial personnel working in the public school sector. This encompasses offering guidance to struggling schools and supplying mentors for new finance officers. Through the NCDPI Project, NCASBO also conducts training programs for school finance officers and their staff members, ensuring they stay updated with the latest financial practices.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
The North Carolina Association of School Business Officials has received a 71% rating from Charity Navigator, indicating a two-star classification. This score reflects satisfactory accountability and finance practices, particularly in areas such as independent board membership and asset diversion, where it scored full points. The organization shows strong financial metrics, especially with a favorable liabilities to assets ratio and program expense ratio.
However, there are significant weaknesses in the organization's transparency and governance policies. It did not score points for its website listing on the tax form, conflict of interest policy, or whistleblower policy, which raises concerns about its commitment to ethical practices and accountability. While it has proper document retention practices, the lack of policies in these critical areas may hinder stakeholder trust and operational integrity.
Overall, while the North Carolina Association of School Business Officials demonstrates solid financial management and governance through its board structure, the absence of comprehensive conflict and whistleblower policies suggests a need for improvement in transparency and ethical standards. Stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Association Of School Business Offi legitimate?
North Carolina Association Of School Business Offi is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Association Of School Business Offi 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,177
For more financial information, click here
What is the mission statement of North Carolina Association Of School Business Offi?
The North Carolina Association of School Business Officials (NCASBO) is committed to providing professional development and leadership training for financial personnel in public schools. Their mission is to offer expert assistance to local public school units facing challenges, as well as conducting comprehensive training programs for school finance officers and their staff members. Furthermore, NCASBO provides mentorship for new finance officers, aiming to enhance the financial management skills and capabilities within the public education sector.
Who is the CEO of North Carolina Association Of School Business Offi?
Pam Satterfield is the Secretary of North Carolina Association Of School Business Offi.
What is the revenue of North Carolina Association Of School Business Offi?
North Carolina Association Of School Business Offi's revenue in 2023 was $2,085,937.
Who are the executives of North Carolina Association Of School Business Offi and what are their salaries?
The average compensation at North Carolina Association Of School Business Offi during 2023 was $72,588. There are 2 employees at North Carolina Association Of School Business Offi.
Here are 7 key members and their salaries:
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Where can I find the form 990 for North Carolina Association Of School Business Offi?
North Carolina Association Of School Business Offi's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of North Carolina Association Of School Business Offi
The North Carolina Association of School Business Officials (NCASBO) is dedicated to providing professional development and leadership training for individuals in financial roles within public schools. Their mission is to offer expert technical assistance to local public school units that may encounter challenges, as well as offering training and mentorship opportunities for school finance officers and their staff members. Through their initiatives, they aim to equip these individuals with the necessary skills and resources to effectively manage the financial aspects of their public schools, ultimately contributing to the overall success of the educational system.
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Impact
July, 2024
The impact of the North Carolina Association of School Business Officials (NCASBO) is evident through its provision of professional development and leadership training for public school financial personnel. By offering expert technical assistance through the NCASBO Contract Pool, the organization helps local public school units facing difficulties. Furthermore, the NCDPI Project initiated by NCASBO offers essential training to school finance officers and their staff members, along with providing mentors for new finance officers. Through these initiatives, NCASBO contributes to enhancing the competence and effectiveness of public school financial personnel in North Carolina, ultimately improving the overall financial management of the education sector in the state.
This information is meant to be a general summary of North Carolina Association Of School Business Offi. 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 2023.
- Investment Income: $3,015
- Program Service Revenue: $1,894,425
- Gross Receipts: $2,085,937
Assets and Liabilities:
- Total Assets: $667,573
- Total Liabilities: $0
- Net Assets: $667,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences
Revenue
$362,603
Academy
Revenue
$350,050
Contract poolDPI proje
Revenue
$1,181,772
Organization Details
Founding Year
1984
Principal Officer
Pam Satterfield
Main Address
164 Beane Run, Rockingham, NC, 28379
NTEE Category
Code: B90 - Education
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