ASSOCIATION OF COMMUNITY COLLEGE BUSINESS OFFICIALS

EIN: 550799838 501(c)(3) Education

GASTONIA, NC

Total Revenue
$202,930
Total Expenses
$185,655
Total Assets
$187,040
Net Assets
$187,040
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
SHELLY ALMAN
Phone
7048130570
Tax Period
2025-01-01 to 2025-12-31

ASSOCIATION OF COMMUNITY COLLEGE BUSINESS OFFICIALS, founded in 2002, is a small nonprofit in the Education sector that reported $203K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $186K left a modest 9% surplus.

Mission

The North Carolina Association of Community College Business Officials NC ACCBO promotes the cooperative efforts professional ideals principles and standards of education business and financial administration; collects and disseminates information pertaining to the business administration and fiscal affairs of community college system institutions; provides the means through which community college business officials may express their views on matters involving fiscal and business affairs; and assists its members to effectively perform management functions. Membership in the NC ACCBO organization is open to each institution in the North Carolina Community College System and to members of the North Carolina Community College System Office. Our organization is also open to college vendors who are interested in supporting the North Carolina Community Colleges.

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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 (2025)

Revenue Breakdown

Contributions & Grants $18,195
Program Service Revenue $183,085
Investment Income $1,650
Other Revenue $0
TOTAL REVENUE $202,930

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $169,281
Other Expenses $185,655
TOTAL EXPENSES $185,655

Year-over-Year Comparison

2025 2024 Change
Revenue $202,930 $229,235 -0.1%
Expenses $185,655 $184,870 +0.0%
Net Income $17,275 $44,365 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Thomas President 10.00
Officer
$0 $0 $0
Brian Bridgers Vice President 10.00
Officer
$0 $0 $0
Tracy Davis Secretary 5.00
Officer
$0 $0 $0
Shelly Alman Treasurer 10.00
Officer
$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 $202,930 $185,655 $187,040 $17,275
2023 $229,235 $184,870 $170,187 $44,365
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