ILLINOIS ASSOCIATION OF SCHOOL BUSINESS OFFICIALS

EIN: 366165928 501(c)(3)

DEKALB, IL

Total Revenue
$5,437,104
Total Expenses
$5,024,792
Total Assets
$7,027,889
Net Assets
$5,842,392
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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
IL
Principal Officer
KRISTOPHER MONN
Phone
8157531276
Tax Period
2024-07-01 to 2025-06-30

ILLINOIS ASSOCIATION OF SCHOOL BUSINESS OFFICIALS, founded in 1952, is a community nonprofit that reported $5.4M in total revenue in fiscal year 2024. Expenses of $5.0M left a modest 8% surplus.

Mission

THE PURPOSE OR PURPOSES FOR WHICH ILLINOIS ASBO IS ORGANIZED, AND FOR WHICH IT SHALL BE OPERATED, ARE EXCLUSIVLEY FOR EDUCATIONAL, SCIENTIFIC, AND CHARITABLE PURPOSES: A). EDUCATION AT THE ELEMENTARY, SECONDARY, COLLEGE, AND POST GRADUATE LEVELS; B). TO ENABLE THE MEMBERS AND THE GENERAL PUBLIC TO BETTER CONDUCT THE MANAGEMENT OF SCHOOLS AT ALL LEVELS; C). TO CONDUCT RESEARCH PROGRAMS IN THE FIELD OF SCHOOL ADMINISTRATION, AND TO PUBLISH THE RESULTS OF SUCH RESEARCH; D). TO ENGAGE IN A PROGRAM OF EDUCATION TO IMPROVE THE ABILITIES OF PERSONS CARRYING ON ACTIVITIES IN THE FIELD OF SCHOOL ADMINISTRATION; E). TO ADVANCE EDUCATION BY PROMOTING THE HIGHEST STANDARDS OF ETHICAL CONDUCT BY PERSONS CARRYING ON ACTIVITIES IN THE FIELD OF SCHOOL ADMINISTRATION; AND F). TO ENGAGE IN ANY OTHER LAWFUL ACTIVTY INCIDENTAL TO THE FOREGOING PURPOSES. ILLINOIS ASBOS MISSION IS TO PROVIDE OUR MEMBERS AND STAKEHOLDERS WITH A COMPREHENSIVE RANGE OF PROFESSIONAL DEVELOPMENT ACTIVITIES, SERVICES AND ADVOCACY

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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 $53,560
Program Service Revenue $4,972,009
Investment Income $285,894
Other Revenue $125,641
TOTAL REVENUE $5,437,104

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,177,433
Fundraising Expenses $0
Program Expenses $3,503,595
Other Expenses $2,847,359
TOTAL EXPENSES $5,024,792

Year-over-Year Comparison

2024 2023 Change
Revenue $5,437,104 $5,232,046 +0.0%
Expenses $5,024,792 $4,721,141 +0.1%
Net Income $412,312 $510,905 -0.2%
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
13
Independent Members
13
Employees
30
Volunteers
N/A

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
$490,543
Total Directors
14
$329,614
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTOPHER MONN EXEC DIR/CEO 37.50
Officer Director
$302,000 $5,703 $307,703
CARLA PASCHAL CFO 37.50
Officer
$172,596 $4,637 $177,233
DAVID BEIN PAST PRESIDE 1.00
Officer Director
$0 $3,638 $3,638
JENNIFER PORTER DIRECTOR 1.00
Director
$0 $3,339 $3,339
CINDY DYKAS DIRECTOR 1.00
Director
$0 $2,789 $2,789
ALICIA CIESZYKOWSKI DIRECTOR 1.00
Director
$0 $2,662 $2,662
TAMARA MITCHELL PRESIDENT 1.00
Officer Director
$0 $1,969 $1,969
ANTON INGLESE DIRECTOR 1.00
Director
$0 $1,456 $1,456
MELISSA MORGESE DIRECTOR 1.00
Director
$0 $1,359 $1,359
ANGELA SMITH DIRECTOR 1.00
Director
$0 $1,301 $1,301
JOHN BENEDETTI DIRECTOR 1.00
Director
$0 $1,274 $1,274
KEVIN WERNER DIRECTOR 1.00
Director
$0 $863 $863
SETH CHAPMAN TREASURER 1.00
Director
$0 $818 $818
FRANK WILLAIMS DIRECTOR 1.00
Director
$0 $443 $443
EDWARD BROPHY PRESIDENT EL 1.00
Officer 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 $5,437,104 $5,024,792 $7,027,889 $412,312
2024 $5,232,046 $4,721,141 $6,407,825 $510,905
2023 $4,804,902 $4,411,453 $5,988,058 $393,449
2022 $4,805,268 $4,420,105 $5,714,623 $385,163
2021 $4,002,437 $3,794,812 $5,458,968 $207,625
2020 $4,292,170 $3,748,038 $6,405,654 $544,132
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