MASS ASSOC OF SCHOOL BUSINESS OFFICIALS INC

EIN: 237333783 501(c)(3)

HOPKINTON, MA

Total Revenue
$820,527
Total Expenses
$738,600
Total Assets
$1,160,410
Net Assets
$1,127,761
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
MA
Principal Officer
MARGARET DRISCOLL
Phone
9784527044
Tax Period
2024-07-01 to 2025-06-30

MASS ASSOC OF SCHOOL BUSINESS OFFICIALS INC, founded in 1969, is a small nonprofit that reported $821K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $739K left a modest 10% surplus.

Mission

AN ORGANIZATION OF SCHOOL ADMINISTRATORS WHOSE MISSION IS TO PROMULGATE AND ESTABLISH THE HIGHEST STANDARDS OF ETHICS AND EFFICIENCY IN SCHOOL BUSINESS MANAGEMENT AND ADMINISTRATION FOR SCHOOLS.

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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 $207,855
Program Service Revenue $562,687
Investment Income $45,692
Other Revenue $4,293
TOTAL REVENUE $820,527

Expense Breakdown

Grants Paid $0
Salaries & Benefits $267,050
Fundraising Expenses $0
Program Expenses $514,622
Other Expenses $471,550
TOTAL EXPENSES $738,600

Year-over-Year Comparison

2024 2023 Change
Revenue $820,527 $727,526 +0.1%
Expenses $738,600 $640,337 +0.2%
Net Income $81,927 $87,189 -0.1%
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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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
25

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
5
$123,634
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET DRISCOLL EXECUTIVE DI 40.00
Officer
$123,634 $0 $123,634
SUSAN BOTTAN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
DAVID COELHO DIRECTOR 1.00
Director
$0 $0 $0
DANIEL GALE PRESIDENT EL 1.00
Officer Director
$0 $0 $0
MICHAEL KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER MATHIEU DIRECTOR 1.00
Director
$0 $0 $0
JAMES MEALEY DIRECTOR 1.00
Director
$0 $0 $0
KIRSTEEN PATTERSON DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL RIPPIN PAST - PRESI 1.00
Officer Director
$0 $0 $0
JOHN SULLIVAN SECRETARY/TR 1.00
Officer Director
$0 $0 $0
KEITH TAVERNA DIRECTOR 1.00
Director
$0 $0 $0
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 $820,527 $738,600 $1,160,410 $81,927
2024 $727,526 $640,337 $1,090,707 $87,189
2023 $856,389 $751,083 $1,005,584 $105,306
2022 $552,288 $486,364 $982,458 $65,924
2021 $478,953 $389,472 $818,295 $89,481
2020 $572,460 $407,189 $714,000 $165,271
2019 $709,790 $592,744 $569,218 $117,046
2018 $679,923 $559,987 $447,862 $119,936
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