Association Of School Business Officials International
- Assets
- $984.7k
- Revenue
- $579.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Helena, MT
- Founding
- 04/1988
- Data as of
- 06/2024
- EIN
- 81-0472874
Organization Overview
Association Of School Business Officials International, operating under the name Montana Association of School Business Officials, is located in Helena, MT. The organization was established in 1988. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2024, Montana Association of School Business Officials employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Montana Association of School Business Officials 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 06/2024, Montana Association of School Business Officials generated $579.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $511.9k during the year ending 06/2024. While expenses have increased by 11.3% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MASBO IS DEDICATED TO TRAINING AND SUPPORTING THE PEOPLE RESPONSIBLE FOR BUSINESS OPERATIONS IN MONTANA'S PUBLIC SCHOOLS. OUR GOAL IS TO ENABLE OUR MEMBERS TO MANAGE THE BUSINESS ACTIVITIES AND REPORTING REQUIREMENTS IN ORDER TO SUPPORT EDUCATION FOR MONTANA'S CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MASBO PROVIDES A MAJOR SUMMER NETWORKING EVENT IN WHICH OUR MEMBERS RECEIVE OVER 36 HOURS OF PROFESSIONAL DEVELOPMENT PARTICIPATE IN NETWORKING OPPORTUNITIES WITH COLLEAGUES GOVERNMENT REPRESENTATIVES AND AGENCIES AND VARIOUS OTHER VENDORS THAT SCHOOLS RELY ON TO OPERATE THROUGHOUT THE YEAR. THIS EVENT IS THE CAPSTONE OF OUR YEAR'S WORKSHOPS HITTING ON A VARIETY OF AREAS OF EXPERTISE IN SCHOOL FINANCE AND OPERATIONS. WE ARE ABLE TO MEASURE THE SUCCESS THROUGH ENGAGEMENT THE FOLLOWING YEARS EFFICIENCIES AND VARIOUS MEANS OF SURVEY AND AFFILIATE FEEDBACK.
MASBO EMPLOYS TWO TRAINING AND PROFESSIONAL DEVELOPMENT COORDINATORS WHO PROVIDES ON-SITE SERVICES AND TRAINING TO SCHOOL DISTRICTS THAT REQUEST HELP IN THEIR BUSINESS OFFICE. SUCH HELP MAY INVOLVE FILLINGS IN DURING CLERK VACANCIES BY PERFORMING BASIC DUTIES ANNUAL FINANCIAL REPORTING AND BUDGETING DURING THE NEW CLERK SEARCH AND TRAINING THE NEWLY HIRED CLERK ON-SITE. INTERIM SERVICES MAY ALSO SERVE TO ASSIST A DISTRICT IN SITUATIONS WHERE THE WORK IN THE BUSINESS OFFICE HAS BEEN NEGLECTED INCORRECT OR INCOMPLETE TO DEGREE THAT ADDITIONAL HELP IS NEEDED TO BRING THE FINANCIAL RECORDS BACK INTO COMPLIANCE WITH STATE AND FEDERAL REGULATIONS AND DEADLINES.
MASBO PROVIDES A VARIETY OF TRAINING EVENTS ACTIVITIES AND ONE ON ONE ADVISING THROUGHOUT THE YEAR THAT ARE SOLELY PROVIDED BY MASBO STAFF AND DO NOT INCLUDE OUR SUMMER EVENT OR THE INTERIM AND ONSITE TRAINING LISTED IN THE PRIOR TO PORTIONS. THESE TRAININGS TAKE PLACE IN PERSON OVER WEBINAR AND OVER PHONE. WE ALSO HAVE COMPILED A ROBUST LIBRARY OF MATERIALS AND OTHER RESOURCES ON OUR WEBSITE THAT OUR MEMBERS HAVE UNLIMITED ACCESS TO INCLUDING A MONTHLY NEWSLETTER AND CALENDAR OF KEY DATES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karsen Floerchinger Director | Trustee | 0 | $0 |
Shelley Turner Executive Director 4 22 To Present | Officer | 40 | $83,200 |
Rita Huck Past President | Trustee | 0 | $0 |
Belinda Klick President | Trustee | 0 | $0 |
Daniella Walsh Director | Trustee | 0 | $0 |
Kim Aarstad Fiscal Agent | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $62,280 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,639 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,919 |
| Total Program Service Revenue | $291,843 |
| Investment income | $10,626 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $134,698 |
| 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 | $579,631 |
| 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. | $83,278 |
| Compensation of current officers, directors, key employees. | $8,328 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,532 |
| Pension plan accruals and contributions | $20,946 |
| Other employee benefits | $44,965 |
| Payroll taxes | $18,247 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $794 |
| Fees for services: Lobbying | $2,942 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,904 |
| Information technology | $18,179 |
| Royalties | $0 |
| Occupancy | $7,800 |
| Travel | $49,607 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,614 |
| Interest | $0 |
| Payments to affiliates | $4,561 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,582 |
| All other expenses | $0 |
| Total functional expenses | $511,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,832 |
| Savings and temporary cash investments | $794,768 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,213 |
| 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 | $2,895 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $984,708 |
| Accounts payable and accrued expenses | $336,047 |
| Grants payable | $0 |
| Deferred revenue | $147,802 |
| 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 | $0 |
| Total liabilities | $483,849 |
| Net assets without donor restrictions | $0 |
| 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 | $500,859 |
| Total liabilities and net assets/fund balances | $984,708 |