NATIONAL BUSINESS OFFICERS ASSOCIATION INC (EIN 522086855) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Principal Officer

JEFFREY SHIELDS

Phone

2024077140

Tax Period

2023-07-01 to 2024-06-30

NATIONAL BUSINESS OFFICERS ASSOCIATION INC, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $8.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $7.1M left a modest 14% surplus.

Mission

NBOA DEVELOPS, DELIVERS, AND PROMOTES BEST BUSINESS PRACTICES TO ADVANCE INDEPENDENT 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $534,615

Program Service Revenue $7,256,268

Investment Income $369,707

Other Revenue $117,479

TOTAL REVENUE $8,278,069

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,210,820

Fundraising Expenses $100,864

Program Expenses $5,621,401

Other Expenses $3,903,636

TOTAL EXPENSES $7,114,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,278,069	$7,364,102	+0.1%
Expenses	$7,114,456	$6,796,509	+0.0%
Net Income	$1,163,613	$567,593	+1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

108

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

$582,081

Total Directors

$582,081

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY SHIELDS	PRESIDENT AND CEO	40.00	Officer Director	$499,110	$82,971	$582,081
DUNCAN BOOTH	BOARD CHAIR	8.00	Officer Director	$0	$0	$0
ROSE NEUBERT	PAST BOARD CHAIR	8.00	Officer Director	$0	$0	$0
JOE CARTER	SECRETARY	8.00	Officer Director	$0	$0	$0
BETH POLLARD	TREASURER	8.00	Officer Director	$0	$0	$0
TOM ARNOLD	DIRECTOR	3.00	Director	$0	$0	$0
LAUREL BAKER-TEW	DIRECTOR	3.00	Director	$0	$0	$0
RICK BRANSON	DIRECTOR	3.00	Director	$0	$0	$0
LINDA DENNISON	DIRECTOR	3.00	Director	$0	$0	$0
MICHAEL EBELING	DIRECTOR	3.00	Director	$0	$0	$0
JILL FIELDS	DIRECTOR	3.00	Director	$0	$0	$0
KELLY GARNES-PAGES	DIRECTOR	3.00	Director	$0	$0	$0
ED GRIFFIN	DIRECTOR	3.00	Director	$0	$0	$0
CHRIS HARPER	DIRECTOR	3.00	Director	$0	$0	$0
ANNE-MARIE KEE	DIRECTOR	3.00	Director	$0	$0	$0
MARK MITCHELL	DIRECTOR	3.00	Director	$0	$0	$0
MEETA NOSRATI	DIRECTOR	3.00	Director	$0	$0	$0
DEV TALVADKAR	DIRECTOR	3.00	Director	$0	$0	$0
ANN MARIE TIDONA	DIRECTOR	8.00	Director	$0	$0	$0
LISA TURCHAN	DIRECTOR	3.00	Director	$0	$0	$0
TERESA STANDARD	DIRECTOR (THRU 08/23)	3.00	Director	$0	$0	$0
WHITNEY WALTERS-SACHS	DIRECTOR	3.00	Director	$0	$0	$0
JAMES PALMIERI	EXECUTIVE VICE PRESIDENT	40.00	Highest	$245,958	$42,750	$288,708
JENNIFER HILLEN	CHIEF LEARNING OFFICER	40.00	Highest	$209,132	$38,789	$247,921
IRENA REESE	VP, FINANCE AND ADMINISTRATION	40.00	Highest	$179,260	$34,302	$213,562
BRIAN GREEN	SR. DIRECTOR, IT AND WEB SERVICES	40.00	Highest	$125,260	$31,810	$157,070
MELISSA ZINDER	SENIOR DIRECTOR MEMBERSHIP & MARKETING	40.00	Highest	$122,408	$24,571	$146,979

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	No data	No data	No data	No data
2024	$8,278,069	$7,114,456	$13,189,597	$1,163,613
2023	$7,364,102	$6,796,509	$11,578,662	$567,593
2022	$6,251,531	$5,810,225	$9,775,215	$441,306
2021	$5,458,138	$4,760,162	$10,181,383	$697,976
2020	$6,006,792	$5,584,790	$8,778,988	$422,002
2019	$6,052,036	$5,740,000	$8,180,322	$312,036
2018	$5,715,662	$5,062,362	$7,541,732	$653,300

NATIONAL BUSINESS OFFICERS ASSOCIATION INC