Overview
What is Association Of Governing Boards Of Universities?
The Association of Governing Boards of Universities and Colleges is a Washington, D.C.-based nonprofit organization dedicated to helping college, university, and foundation boards and their members govern effectively. They offer various webinars, workshops, conferences, and institutes to enhance the knowledge and skills of board leaders in public and private institutions and affiliated foundations. Their assessments, through the Governance Practice Area, help boards deepen their understanding of best practices and put this knowledge into action, as well as providing critical support to new leadership. The Strategy and Transformation Practice Area assists institutions in planning for and leading through significant change, including cost management initiatives, program development, and refinements to the business model and strategic plan. With a team of 58 employees, they provide guidance and thought leadership through expert services and resources to empower boards to govern with confidence.
Official website here: www.agb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Association of Governing Boards of Universities has achieved an 86% rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization has demonstrated excellent governance, with 100% independent board members and robust financial oversight practices. Their transparency in financial reporting and adherence to policies like conflict of interest and whistleblower protections further underscore their commitment to ethical operations.
Strengths highlighted include a well-structured board, thorough audit procedures, and a favorable liabilities to assets ratio of 33.86%. These factors contribute to a stable financial foundation. However, the program expense ratio sits at 62.19%, indicating that a portion of funds may not be directly allocated to programmatic activities, which could be a point of concern for some stakeholders.
Overall, while the association demonstrates strong financial accountability and governance, the allocation of expenses raises questions about its operational efficiency. Prospective donors and stakeholders may consider these aspects when evaluating the organization's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Association Of Governing Boards Of Universities legitimate?
Association Of Governing Boards Of Universities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association Of Governing Boards Of Universities 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: $3,019,713
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,583,866
For more financial information, click here
Official website here: www.agb.org
What is the mission statement of Association Of Governing Boards Of Universities?
The Association of Governing Boards of Universities and Colleges empowers college, university, and foundation boards and board members to govern with knowledge and confidence. They provide guidance and thought leadership through expert services and resources. The organization offers various webinars, workshops, and institutes for board members of public and private institutions and affiliated foundations. They help boards deepen their understanding of best practices and put knowledge into action. AGB Consulting's governance practice area provides customized assessments for institutional boards, campus leaders, and affiliated foundations. They provide critical support and guidance for new leadership and help institutions plan for and lead through consequential change, including cost management initiatives, program development, and refinements to the business model and strategic plan.
Official website here: www.agb.org
Who is the CEO of Association Of Governing Boards Of Universities?
Ellen Chaffee is the CEO of Association Of Governing Boards Of Universities The CEO's salary of Association Of Governing Boards Of Universities is $140,719 and their total compensation is $140,719.
Official website here: www.agb.org
What is the revenue of Association Of Governing Boards Of Universities?
Association Of Governing Boards Of Universities's revenue in 2024 was $16,824,804.
Official website here: www.agb.org
Who are the executives of Association Of Governing Boards Of Universities and what are their salaries?
The average compensation at Association Of Governing Boards Of Universities during 2024 was $126,992. There are 52 employees and 515 volunteers at Association Of Governing Boards Of Universities.
Here are 33 key members and their salaries (Association Of Governing Boards Of Universities's CEO's salary is $140,719 and their total compensation is $140,719):
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- Related: $480,663
- Other: $55,787
- Compensation: $307,611
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- Other: $73,337
- Compensation: $140,719
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- Compensation: $310,948
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- Other: $38,856
- Compensation: $206,432
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- Other: $51,366
- Compensation: $210,513
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- Other: $27,777
- Compensation: $225,206
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- Compensation: $139,827
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- Other: $4,728
- Compensation: $186,643
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- Compensation: $167,888
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- Other: $16,814
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- Other: $16,855
- Compensation: $147,550
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- Other: $15,112
- Compensation: $124,081
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- Other: $12,558
Official website here: www.agb.org
Where can I find the form 990 for Association Of Governing Boards Of Universities?
Association Of Governing Boards Of Universities's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.agb.org
Learn more at the official website: www.agb.org
Mission Statement of Association Of Governing Boards Of Universities
The Association of Governing Boards of Universities and Colleges (AGB) empowers college, university, and foundation boards and board members to govern with knowledge and confidence. By offering expert guidance and thought leadership, AGB enables these institutions to make informed decisions and implement best practices.
AGB's extensive offerings include conferences, institutes, workshops, and webinars designed for member presidents, board chairs, and board members of public and private institutions and affiliated foundations. These events provide valuable opportunities for continuing education and the exchange of ideas. AGB consulting's governance practice area offers customized assessments and critical support for new leadership, helping boards deepen their understanding of best practices and put knowledge into action. Furthermore, the Strategy and Transformation practice area assists institutions in planning for and leading through significant change, such as cost management initiatives, program development, and refinements to their business model and strategic plans.
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Impact
October, 2024
The Association of Governing Boards of Universities and Colleges significantly influences higher education governance by equipping boards and board members with the knowledge and confidence necessary for effective leadership. Through expert services and resources, it provides thought leadership tailored for unique institutional challenges.
AGB organizes a variety of professional development opportunities, including conferences, institutes, workshops, and webinars. These events cater to the needs of presidents, board chairs, and members from both public and private institutions, fostering a collaborative learning environment. Noteworthy events, such as the Annual National Conference on Trusteeship and the Annual Board Professionals Conference, serve as platforms for board members to exchange best practices and strategies.
In addition, AGB Consulting offers customized assessments for boards and campus leaders, helping them understand and implement best governance practices. This support is crucial for guiding institutions through transitional periods, cost management initiatives, and enhancements to strategic plans. By empowering leaders with actionable knowledge and tailored guidance, AGB profoundly shapes the landscape of higher education governance.
This information is meant to be a general summary of Association Of Governing Boards Of Universities. 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: $763,003
- Program Service Revenue: $13,803,273
- Gross Receipts: $17,209,286
Assets and Liabilities:
- Total Assets: $23,591,470
- Total Liabilities: $10,998,993
- Net Assets: $12,592,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$7,745,842
AGB CONSULTING
Revenue
$3,133,869
SEMINARS AND WORKSHOPS
Revenue
$2,807,168
PUBLICATION SALES
Revenue
$116,394
Organization Details
Founding Year
1974
Principal Officer
Ellen Chaffee
Website
www.agb.orgNTEE Category
Code: B40C - Education
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