ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL

EIN: 222989991 501(c)(3)

Niantic, CT

Total Revenue
$371,838
Total Expenses
$362,913
Total Assets
$199,089
Net Assets
$199,089
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
CT
Principal Officer
Sharon S Bruce
Phone
8605190023
Tax Period
2024-07-01 to 2025-06-30

ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL, founded in 1951, is a small nonprofit that reported $372K in total revenue in fiscal year 2024.

Mission

Education of business officials through high quality rigorous professional development.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200,300
Program Service Revenue $171,538
Investment Income $0
Other Revenue $0
TOTAL REVENUE $371,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,338
Fundraising Expenses $0
Program Expenses $362,913
Other Expenses $234,575
TOTAL EXPENSES $362,913

Year-over-Year Comparison

2024 2023 Change
Revenue $371,838 $357,398 +0.0%
Expenses $362,913 $386,173 -0.1%
Net Income $8,925 $-28,775 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
35

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
1
$116,160
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sharon Bruce Executive Director 40
Key Emp Highest
$116,160 $0 $116,160
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $371,838 $362,913 $199,089 $8,925
2024 $357,398 $386,173 $190,164 $-28,775
2023 $320,108 $351,754 $218,939 $-31,646
2022 $296,835 $309,409 $238,097 $-12,574
2021 $190,866 $183,147 $318,114 $7,719
2020 $209,135 $207,960 $304,383 $1,175
2019 $290,530 $269,811 $263,748 $20,719
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