Casbo
- Assets
- $8.0m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 20
- Location
- Sacramento, CA
- Founding
- 01/1945
- Data as of
- 06/2021
- EIN
- 94-6082654
Organization Overview
Casbo is located in Sacramento, CA. The organization was established in 1945. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Casbo employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casbo 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 06/2021, Casbo generated $4.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE SUCCESS OF ALL STUDENTS THROUGH LEADERSHIP, INNOVATIVE PROFESSIONAL DEVELOPMENT, AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASBO PROVIDES NUMEROUS PROFESSIONAL DEVELOPMENT OPPORTUNITIES IN THE FORM OF CONFERENCES, WORKSHOPS, ROUNDTABLES AND MORE. CASBO ALSO OFFERS CERTIFICATION OPPORTUNITIES TO ASSIST SCHOOL BUSINESS PROFESSIONALS IN ADVANCING THEIR CAREERS.
CASBO SUPPORTS IT'S 23,000+ MEMBERSHIP BASE WITH BENEFITS THAT INCLUDE BUT ARE NOT LIMITED TO ON-DEMAND LEARNING, INDUSTRY RELATED PUBLICATIONS, EMPLOYEE RECRUITMENT, LEADERSHIP OPPORTUNITIES AND THE ABILITY TO NETWORK WITH PEERS AT BOTH A STATE AND LOCAL LEVEL.
CASBO'S SECTIONS, ORGANIZED BY GEOGRAPHICAL LOCATION, HOLD CONFERENCES AND PROVIDE OTHER ACTIVITIES ASSOCIATED WITH FACILITATING THE EXCHANGE OF INFORMATION AND PROVIDING EDUCATION FOR SCHOOL BUSINESS OFFICIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Dial Past President | OfficerTrustee | 2 | $0 |
Rich DE Nava President | OfficerTrustee | 2 | $0 |
Diane Deshler President-Elect | OfficerTrustee | 2 | $0 |
Tina Douglas Vice President | OfficerTrustee | 5 | $0 |
Katie Hylton Section Director | Trustee | 2 | $0 |
Robin Schmitt Section Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,116,824 |
| Investment income | $1,119 |
| 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 | $4,931,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $765,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,056,135 |
| Pension plan accruals and contributions | $56,761 |
| Other employee benefits | $147,099 |
| Payroll taxes | $107,044 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,978 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $333,786 |
| Advertising and promotion | $25,931 |
| Office expenses | $300,829 |
| Information technology | $365,603 |
| Royalties | $0 |
| Occupancy | $75,561 |
| Travel | $11,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $486,232 |
| Interest | $25,801 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195,354 |
| Insurance | $30,203 |
| All other expenses | $0 |
| Total functional expenses | $4,084,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,347,847 |
| Savings and temporary cash investments | $3,484,786 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,780 |
| 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 | $131,915 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $441,877 |
| Total assets | $7,956,691 |
| Accounts payable and accrued expenses | $274,320 |
| Grants payable | $0 |
| Deferred revenue | $562,050 |
| 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 | $541,287 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $333,405 |
| Total liabilities | $1,711,062 |
| 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 |
| Total liabilities and net assets/fund balances | $6,245,629 |
Grants Awarded
Over the last fiscal year, Casbo has awarded $27,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIAN'S DEDICATED TO EDUCATION FOUNDATION PURPOSE: SPONSORSHIP | $5,000 |
EDSOURCE PURPOSE: SPONSORSHIP | $5,000 |
CALIFORNIANS FOR SAFE SCHOOLS AND HEALTHY LIVING PURPOSE: SPONSORSHIP | $10,000 |
CALIFORNIA COUNTY SUPERINTENDENTS EDUCATIONAL SERVICES ASSOCIATION PURPOSE: SPONSORSHIP | $7,500 |