Overview
What is New Mexico Association Of School Business Official?
The New Mexico Association of School Business Official is a nonprofit organization situated in Albuquerque, New Mexico. Its primary mission is to elevate the New Mexico school business profession by offering top-notch professional development opportunities and a supportive network. They achieve this through annual conferences, such as the fall conference, winter conference, spring budget workshop, and bootcamps for newly appointed school business officials. Apart from these events, various workshops are also organized to address current business management issues, providing valuable training and certification hours for professionals in attendance. Overall, the association aims to foster growth and collaboration among school business officials in New Mexico.
Official website here: www.nmasbo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars). The New Mexico Association Of School Business Officials has achieved a solid overall score, indicating a good level of accountability and financial management within the organization. The independent board structure is a strong point, showcasing full independence among its members, which contributes positively to governance and oversight.
While the organization excels in several areas, such as maintaining a high program expense ratio, indicating effective use of funds for its mission, there are notable gaps in its policies. Specifically, the absence of a conflict of interest policy, whistleblower policy, and document retention policy may present risks to transparency and ethical governance practices.
Additionally, the unavailability of its tax form on the nonprofit's website could hinder public access to critical financial information. Despite these limitations, the organization demonstrates strengths in managing its liabilities and ensuring accountability through independent board oversight, which are crucial for sustaining trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is New Mexico Association Of School Business Official legitimate?
New Mexico Association Of School Business Official is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Association Of School Business Official 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: $98,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nmasbo.org
What is the mission statement of New Mexico Association Of School Business Official?
The New Mexico Association of School Business Officials is committed to leading the school business profession by offering high-quality professional development opportunities and establishing a supportive network. To achieve this, they organize conferences and workshops annually, such as a fall conference, winter conference, spring budget workshop, and a bootcamp for new school business officials. These events provide valuable training and networking opportunities, allowing school business employees to maintain the highest standards in their field. Furthermore, the association offers numerous additional conferences and workshops to address current business management issues, awarding certification hours for professionals who attend these courses.
Official website here: www.nmasbo.org
Who is the CEO of New Mexico Association Of School Business Official?
Terry Dean is the Executive Director of New Mexico Association Of School Business Official.
Official website here: www.nmasbo.org
What is the revenue of New Mexico Association Of School Business Official?
New Mexico Association Of School Business Official's revenue in 2023 was $878,295.
Official website here: www.nmasbo.org
Who are the executives of New Mexico Association Of School Business Official and what are their salaries?
The average compensation at New Mexico Association Of School Business Official during 2023 was $32,783. There are 3 employees at New Mexico Association Of School Business Official.
Here are 10 key members and their salaries:
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Official website here: www.nmasbo.org
Where can I find the form 990 for New Mexico Association Of School Business Official?
New Mexico Association Of School Business Official's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nmasbo.org
Learn more at the official website: www.nmasbo.org
Mission Statement of New Mexico Association Of School Business Official
The New Mexico Association of School Business Officials is committed to leading the New Mexico school business profession by offering top-notch professional development opportunities and fostering a network of support. Their primary objective is to elevate the standards in the field of school business employment, achieving this through annual conferences that provide high-quality professional development and networking chances. These events include a Fall Conference, a Winter Conference, a Spring Budget Workshop, and a Bootcamp specifically designed for newcomers to the role of a school business official. Beyond these major events, the association offers numerous other conferences and workshops to deliver training on current business management issues. The attendance at these courses also earns professionals certification hours, further enhancing their professional growth.
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Impact
July, 2024
The New Mexico Association of School Business Officials has a significant impact on the education sector in New Mexico by leading and supporting professionals in school business administration. Through its quality professional development opportunities and networking support, the association enables school business employees to maintain the highest standards in their roles. By organizing conferences, workshops, and training sessions on business management issues, the association ensures that its members are well-equipped with the necessary skills and knowledge. This ultimately contributes to the overall effectiveness and efficiency of school operations, benefiting students, educators, and the education system as a whole in New Mexico.
This information is meant to be a general summary of New Mexico Association Of School Business Official. 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: $16,105
- Program Service Revenue: $834,406
- Gross Receipts: $878,295
Assets and Liabilities:
- Total Assets: $978,602
- Total Liabilities: $83,789
- Net Assets: $894,813
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE REGISTRATION
Revenue
$421,400
EXHIBITORS AND SPONSORS
Revenue
$244,306
MEMBERSHIP DUES
Revenue
$168,700
Organization Details
Founding Year
2005
Principal Officer
Terry Dean
Main Address
6600 PALOMAS NE, Albuquerque, NM, 87109
Website
www.nmasbo.orgNTEE Category
Code: B03 - Education
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