Association Of School Business Officials International
- Assets
- $2.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Robbinsville, NJ
- Founding
- 04/1988
- Data as of
- 06/2022
- EIN
- 22-2015291
Organization Overview
Association Of School Business Officials International is located in Robbinsville, NJ. The organization was established in 1988. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Association Of School Business Officials International employed 4 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Association Of School Business Officials International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Association Of School Business Officials International generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NJASBO IS A PROFESSIONAL ASSOCIATION THAT PROMOTES THE HIGHEST STANDARDS OF ETHICS AND EFFICIENCY IN THE FISCAL OPERATIONS OF NEW JERSEY SCHOOL DISTRICTS, PROVIDES ITS MEMBERSHIP WITH PROFESSIONAL DEVELOPMENT AND SUPPORT, AND COLLABORATES WITH ENTITIES THAT IMPACT PUBLIC EDUCATION IN THE STATE OF NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES, CONVENTIONS, MEETINGS, WORKSHOPS AND PROGRAMS FOR THE EDUCATION AND IMPROVEMENT OF PERSONS ENGAGED IN THE FIELD OF SCHOOL BUSINESS AND FINANCE FOR APPROXIMATELY 650 MEMBERS AND BUSINESS ASSOCIATES.
CONSULTANTS AND LEGAL-PROVIDES PROFESSIONAL LEGAL AND OTHER ADVICE TO MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Young Executive Dir. | Officer | 40 | $162,794 |
Philip Nisonoff Past President | OfficerTrustee | 0 | $0 |
Robert Colavita President | OfficerTrustee | 0 | $0 |
Richard Kaz Jr President Elect | OfficerTrustee | 0 | $0 |
Katherine Attwood 2nd VP | OfficerTrustee | 0 | $0 |
Gail Libby 1st VP | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,684,999 |
| Investment income | $6,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,691,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $288,437 |
| Compensation of current officers, directors, key employees. | $57,687 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,525 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,106 |
| Payroll taxes | $31,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,597 |
| Fees for services: Accounting | $4,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,500 |
| Travel | $33,039 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $998,983 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,147 |
| Insurance | $39,283 |
| All other expenses | $19,801 |
| Total functional expenses | $1,891,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,127,438 |
| Savings and temporary cash investments | $898,970 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $268,876 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,177 |
| Net Land, buildings, and equipment | $163,156 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,463,617 |
| Accounts payable and accrued expenses | $420,502 |
| Grants payable | $0 |
| Deferred revenue | $52 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,887 |
| Total liabilities | $457,441 |
| Net assets without donor restrictions | $2,006,176 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,463,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of School Business Officials International has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Hackensack Meridian Health Inc Edison, NJ PURPOSE: SPONSORSHIP | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educators For Excellence New York, NY | $11,862,127 | $12,667,542 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Foundation For Educational Administration Monroe Twp, NJ | $7,493,691 | $6,007,495 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Delaware State Education Association Dover, DE | $9,815,225 | $5,886,540 |
Center For Educational Innovation New York, NY | $3,305,790 | $4,609,505 |
International Literacy Association Newark, DE | $6,658,343 | $4,057,969 |
American Federation Of Teachers Buffalo, NY | $5,936,673 | $3,712,581 |
Living Independently Is For Everyone At Rcil Inc Utica, NY | $1,208,648 | $3,312,163 |
Association Of School Business Officials International Harrisburg, PA | $6,658,809 | $3,601,087 |
Caucus Educational Corporation Inc Verona, NJ | $4,412,371 | $3,782,556 |