ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL

EIN: 366124610 501(c)(3)

RESTON, VA

Total Revenue
$6,479,449
Total Expenses
$6,258,512
Total Assets
$7,820,088
Net Assets
$5,895,682
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
VA
Principal Officer
JAMES ROWAN
Phone
7034780405
Tax Period
2024-01-01 to 2024-12-31

ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL, founded in 1986, is a mid-sized nonprofit that reported $12.7M in total revenue in fiscal year 2018. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.2M, a strong 56% operating margin.

Mission

ASBO INTERNATIONAL'S MISSION IS TO LEAD THE PROFESSION OF SCHOOL BUSINESS FORWARD. THROUGH OUR PROFESSIONAL GROWTH OPPORTUNITIES, PROGRAMS, AND SERVICES, WE PROMOTE THE HIGHEST STANDARDS OF SCHOOL BUSINESS MANAGEMENT PRACTICES. WE PROVIDE A GLOBAL NETWORK OF SUPPORT THAT ENHANCES OUR MEMBERS' ABILITY TO COLLABORATE AND LEAD WITH A GLOBAL PERSPECTIVE. WE ARE DEDICATED TO SUPPORTING SCHOOL BUSINESS OFFICIALS AND PROVIDING THE RESOURCES THEY NEED TO EFFECTIVELY USE EDUCATIONAL RESOURCES - ULTIMATELY ENSURING EVERY STUDENT HAS THE OPPORTUNITY TO RECEIVE A QUALITY EDUCATION.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,218,596
Program Service Revenue $4,474,863
Investment Income $781,849
Other Revenue $4,141
TOTAL REVENUE $6,479,449

Expense Breakdown

Grants Paid $12,500
Salaries & Benefits $2,768,188
Fundraising Expenses $0
Program Expenses $4,687,433
Other Expenses $3,477,824
TOTAL EXPENSES $6,258,512

Year-over-Year Comparison

2024 2023 Change
Revenue $6,479,449 $5,024,225 +0.3%
Expenses $6,258,512 $6,086,765 +0.0%
Net Income $220,937 $-1,062,540 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
29
Volunteers
155

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
3
$865,647
Total Directors
10
$379,866
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES ROWAN CEO/EXECUTIVE DIRECTOR/EX OFFICIO 37.50
Officer Director
$326,707 $53,159 $379,866
RYAN STECHSCHULTE PRESIDENT 1.00
Director
$0 $0 $0
WANDA ERB VICE PRESIDENT 1.00
Director
$0 $0 $0
JOHN HUTCHISON IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
MIKE BARRAGAN DIRECTOR 1.00
Director
$0 $0 $0
LYNN KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
SHARIE LEWIS DIRECTOR 1.00
Director
$0 $0 $0
KAREN SMITH DIRECTOR 1.00
Director
$0 $0 $0
MELISSA FETTKETHER DIRECTOR 1.00
Director
$0 $0 $0
GINA LANIER DIRECTOR 1.00
Director
$0 $0 $0
SIOBHAN MCMAHON COO/DEPUTY EXECUTIVE DIRECTOR 37.50
Officer
$227,760 $34,039 $261,799
SABRINA SOTO CHIEF DEVELOPMENT OFFICER 37.50
Officer
$196,055 $27,927 $223,982
CRISTIN WATSON DIRECTOR OF EDUCATION 37.50
Highest
$125,945 $35,283 $161,228
JACYLN WALLENSTEIN DIRECTOR OF MEMBERSHIP, ENGAGEMENT, & OUTREACH 37.50
Highest
$114,028 $26,147 $140,175
ALLISON BARTON-KRAMER DIRECTOR OF CERTIFICATION AND FINANCIAL PROGRAMS 37.50
Highest
$111,956 $20,602 $132,558
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
2024 $6,479,449 $6,258,512 $7,820,088 $220,937
2023 $5,024,225 $6,086,765 $7,978,161 $-1,062,540
2022 $4,281,356 $4,890,685 $9,397,747 $-609,329
2022 $3,141,480 $4,128,984 $8,517,607 $-987,504
2021 $3,551,753 $4,068,040 $10,294,667 $-516,287
2020 $4,692,903 $5,348,878 $10,699,062 $-655,975
2019 $12,717,755 $5,541,513 $12,672,999 $7,176,242
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