WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, founded in 1956, is a mid-sized nonprofit that reported $20.0M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $17.9M left a modest 11% surplus.
THE USUAL PUBLIC ACTIVITITES OF THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVSERSITY BUSINESS OFFICERS (NACUBO) ARE TO DEVELOP, PROMOTE, AND IMPROVE BUSINESS AND FINANCIAL PRINCIPLES AND PRACTICES IN THE ADMINISTRATION OF INSTITUTIONS OF HIGHER EDUCATION AND TO FOSTER AMONG MEMBER INSTITUTIONS PROFESSIONAL IDEALS AND STANDARDS IN BUSINESS AND FINANCIAL ADMINISTRATION.NACUBO'S CORE MISSION IS TO IMPROVE FINANCIAL AND ADMINISTRATIVE MANAGEMENT AT INSTITUTIONS OF HIGHER EDUCATION. TO THIS END, NACUBO MARSHALS EXPERTISE, SHARES KNOWLEDGE, PROVIDES TECHNICAL ASSISTANCE, AND ENCOURAGES INNOVATION IN BUSINESS PRACTICES. AREAS OF FOCUS INCLUDE ACCOUNTING AND FINANCIAL MANAGEMENT INCLUDING ENDOWMENTS AND DEBT, TAXATION, STUDENT FINANCIAL SERVICES, AND BUSINESS OPERATIONS INCLUDING INFORMATION TECHNOLOGY AND FACILITIES MANAGEMENT.
CONFERENCES, WORKSHOPS, AND SEMINARS:THE NACUBO ANNUAL MEETING IS THE MOST IMPORTANT PROFESSIONAL DEVELOPMENT EVENT OF THE YEAR FOR COLLEGE AND UNIVERSITY BUSINESS OFFICERS AND THEIR STAFF. THE...
CONFERENCES, WORKSHOPS, AND SEMINARS:THE NACUBO ANNUAL MEETING IS THE MOST IMPORTANT PROFESSIONAL DEVELOPMENT EVENT OF THE YEAR FOR COLLEGE AND UNIVERSITY BUSINESS OFFICERS AND THEIR STAFF. THE NACUBO 2024 ANNUAL MEETING TOOK PLACE IN CHICAGO, ILLINOIS. SESSION TOPICS INCLUDED: STRATEGIES FOR EFFECTIVE LEADERSHIP AND INNOVATIVE APPROACHES TO BUSINESS OFFICE CHALLENGES, STRATEGIC PLANNING, UNDERSTANDING AND NAVIGATING REGULATORY COMPLIANCE IN HIGHER EDUCATION, PLANNING AND BUDGETING IN HIGHER EDUCATION, ENTERPRISE RISK MANAGEMENT, COLLEGE ATHLETICS, MANAGING ORGANIZATIONAL CHANGE, ENDOWMENT MANAGEMENT, AND MANY OTHER TECHNICAL, MANAGERIAL, AND LEADERSHIP ISSUES.IN ADDITION TO THE ANNUAL MEETING, NACUBO CREATES AND DELIVERS A BROAD RANGE OF PROGRAMS, SERVICES, AND PRODUCTS THAT ARE DESIGNED TO STRENGTHEN THE ABILITIES AND KNOWLEDGE OF CAMPUS ADMINISTRATORS AT ALL LEVELS. NACUBO DEVELOPED A VARIETY OF ONLINE WORKSHOPS, WEBINARS, AND OTHER MATERIALS COVERING TOPICS IN THE FIELDS OF ACCOUNTING, HIGHER EDUCATION FINANCE, LEADERSHIP AND MANAGEMENT, TAX, STUDENT FINANCIAL SERVICES, CAMPUS OPERATIONS, AND TECHNOLOGY. NACUBO IS REGISTERED WITH THE NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA) AS A SPONSOR OF CONTINUING PROFESSIONAL EDUCATION ON THE NATIONAL REGISTRY OF CPE SPONSORS. NACUBO ADMINISTERS A CONTINUING PROFESSIONAL EDUCATION (CPE) CREDIT PROGRAM FOR CERTIFIED PUBLIC ACCOUNTANTS.
MEMBER SERVICES:UNIVERSITIES - THE ASSOCIATION KEEPS MEMBERS INFORMED OF FEDERAL ACTIONS, SOLICITS MEMBER OPINIONS AND CONCERNS, AND ADVOCATES FOR THE BEST INTERESTS OF COLLEGES AND UNIVERSITIES WITH...
MEMBER SERVICES:UNIVERSITIES - THE ASSOCIATION KEEPS MEMBERS INFORMED OF FEDERAL ACTIONS, SOLICITS MEMBER OPINIONS AND CONCERNS, AND ADVOCATES FOR THE BEST INTERESTS OF COLLEGES AND UNIVERSITIES WITH CONGRESS AND FEDERAL AGENCIES. THE ASSOCIATIONS REPRESENTING VARIOUS HIGHER EDUCATION CONSTITUENCIES. IN ADDITION, NACUBO IS THE VOICE FOR HIGHER EDUCATION WITH THE VARIOUS BODIES THAT SET STANDARDS FOR ACCOUNTING PRACTICES, SUCH AS THE FINANCIAL ACCOUNTING STANDARDS BOARD, THE ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, AND THE U.S. GENERAL ACCOUNTING OFFICE. RESEARCH - NACUBO UNDERTAKES BOTH ON-GOING LONGITUDINAL STUDIES IMPORTANT TO THE HIGHER EDUCATION INDUSTRY SUCH AS THE ASSOCIATION'S ANNUAL STUDY OF COLLEGE AND UNIVERSITY ENDOWMENTS AND SHORT SURVEYS OR RESEARCH ON SPECIFIC ISSUES OF CONCERN.GRANTS - NACUBO RECEIVED FUNDING FOR A GRANT TO SERVE ITS MEMBERS AND DEVELOP STRATEGIC FINANCE MODELS THAT PRIORITIZE AND SUSTAIN STUDENT EQUITY, SUCCESS, AND COMPLETION INITIATIVES. DURING THE THREE-YEAR GRANT, NACUBO WILL FACILITATE THE CREATION OF FRAMEWORKS, TOOLS, AND MODELS THAT CAN MOVE INSTITUTIONS TOWARDS SUSTAINABLE, INSTITUTION-WIDE FINANCIAL AND OPERATIONAL ACTIVITIES THAT INCREASE EQUITABLE OUTCOMES AND COMPLETION FOR STUDENTS. THE WORK WILL PARTICULARLY FOCUS ON WAYS TO INCREASE GUIDED PATHWAYS AND IMPROVE TRANSFER OUTCOMES.REGIONAL ASSOCIATIONS AND PARTNERSHIPS - NACUBO MANAGES AN ASSOCIATION MANAGEMENT SYSTEM THAT SERVES THE JOINT MEMBERSHIP OF THE NATIONAL ASSOCIATION AND ITS FOUR REGIONAL AFFILIATED ASSOCIATIONS (CACUBO, EACUBO, SACUBO AND WACUBO). THE SYSTEM CAPTURES A VARIETY OF DATA POINTS THAT ENABLE IMPROVED TRACKING OF INDIVIDUAL MEMBER ACTIVITY AND DUES BILLING AND COLLECTION PROCESSES. THIS DATABASE IS LINKED TO BOTH A CONTENT MANAGEMENT SYSTEM AND THE ASSOCIATION WEBSITE IMPROVING MEMBER SERVICE.AWARDS PROGRAM - NACUBO RECOGNIZES INSTITUTIONAL AND INDIVIDUAL EXCELLENCE THROUGH ITS AWARDS PROGRAM. THESE AWARDS WERE PRESENTED TO INDIVIDUALS WHO SHOWED OUTSTANDING ACHIEVEMENT AND EXEMPLARY PERFORMANCE IN THE AREAS OF FINANCIAL MANAGEMENT, ENDOWMENT MANAGEMENT, PROFESSIONAL DEVELOPMENT AND MORE. INSTITUTIONS WERE RECOGNIZED THAT DEMONSTRATED INNOVATION IN THE AREAS OF PROCESS IMPROVEMENT AND RESOURCE ENHANCEMENT.
ADVOCACY AND POLICY:NACUBO'S ADVOCACY AND PUBLIC POLICY TEAM TRACKS FEDERAL LEGISLATIVE AND REGULATORY ACTIVITIES THAT COULD IMPACT MEMBER INSTITUTIONS AND THE STUDENTS THAT THEY SERVE. THE TEAM'S...
ADVOCACY AND POLICY:NACUBO'S ADVOCACY AND PUBLIC POLICY TEAM TRACKS FEDERAL LEGISLATIVE AND REGULATORY ACTIVITIES THAT COULD IMPACT MEMBER INSTITUTIONS AND THE STUDENTS THAT THEY SERVE. THE TEAM'S FOCUS IS TO REPRESENT AND SERVE THE DIVERSE NEEDS OF THE COLLEGE AND UNIVERSITY BUSINESS OFFICE. KEY ACTIVITIES INCLUDE ADVOCACY BEFORE LEGISLATORS AND STAFF, EXECUTIVE BRANCH STAFF, AND OTHER POLICYMAKERS AS WELL AS PARTICIPATION IN ADVOCACY COALITIONS. IT ALSO INCLUDES COMMUNICATING POLICY AND RELEVANT HIGHER EDUCATION SECTOR UPDATES TO NACUBO MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $20,033,806 | $16,387,304 | +0.2% |
| Expenses | $17,862,592 | $17,325,943 | +0.0% |
| Net Income | $2,171,214 | $-938,639 | -3.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KARA FREEMAN | PRESIDENT & CEO | 35.00 |
Officer
Director
|
$564,898 | $73,065 | $637,963 |
| LAURA HUBBARD | ACTING CHAIR & VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUSS HANNAH | IMMEDIATE PAST CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TASHNI-ANN DUBROY | BOARD VICE CHAIR (UNTIL 12/24) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARRELL DUNCAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHOI HALLADAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELA BLANTON | DIRECTOR (UNTIL 07/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD BACA | DIRECTOR (UNTIL 07/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| BRETT SWEET | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CLAIR KNAPP | DIRECTOR (UNTIL 07/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| DAWN ALSTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBBIE MULLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLEN HERBST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GUADALUPE VALENCIA-SKANES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES S MATTEO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN W CRAWFORD | DIRECTOR (UNTIL 07/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSE C RODRIGUEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY FOX | DIRECTOR (UNTIL 07/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK VOLPATTI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL D VOLNA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL CLUNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NOEL A SLOAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAYSA LEE-GRAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBYN PENNIGTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROMAYNE L BOTTI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA F THORNDIKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANTAY BOLTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHARI MAYER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN MANDEVILLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TADELETCH YIMAM | VP, OPERATIONS & MEMBER ENGAGEMENT | 35.00 |
Officer
|
$238,859 | $33,497 | $272,356 |
| TIMOTHY ROBERSON | VP, LEADERSHIP DEVELOPMENT | 35.00 |
Officer
|
$189,597 | $34,667 | $224,264 |
| ELIZABETH CLARK | VP, POLICY & RESEARCH | 35.00 |
Officer
|
$247,849 | $28,397 | $276,246 |
| TIMOTHY J MCDONOUGH | SENIOR VP FOR STRATEGIC PARTNERSHIP | 35.00 |
Officer
|
$307,864 | $75,674 | $383,538 |
| KELLI RAINEY | SR DIR, STUDENT SUCCESS INITIATIVES | 35.00 |
Highest
|
$157,811 | $27,897 | $185,708 |
| LINDSAY WAYT | SR DIR, BUSINESS INTELLIGENCE | 35.00 |
Highest
|
$139,520 | $24,317 | $163,837 |
| SUSAN MENDITTO | SENIOR DIRECTOR, ACCOUNTING POLICY | 35.00 |
Highest
|
$192,634 | $40,226 | $232,860 |
| KASH'KA FAIN | INFORMATION TECHNOLOGY | 35.00 |
Highest
|
$159,286 | $27,052 | $186,338 |
| KENNETH REDD | SR DIR, RESEARCH & POLICY ANALYSIS | 35.00 |
Highest
|
$138,729 | $30,604 | $169,333 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $20,033,806 | $17,862,592 | $37,464,023 | $2,171,214 |
| 2024 | $16,387,304 | $17,325,943 | $39,795,703 | $-938,639 |
| 2023 | $17,490,386 | $16,629,168 | $34,866,804 | $861,218 |
| 2022 | $19,712,645 | $12,636,957 | $30,694,720 | $7,075,688 |
| 2021 | $12,479,810 | $11,154,742 | $26,631,746 | $1,325,068 |
| 2020 | $16,896,763 | $15,076,312 | $21,257,129 | $1,820,451 |
| 2019 | $17,099,921 | $18,121,953 | $21,244,611 | $-1,022,032 |
| 2018 | $16,906,777 | $17,526,066 | $22,646,484 | $-619,289 |
Compare NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS with other nonprofits in District of Columbia and across the country.