ALABAMA ASSN OF SCHOOL BUS OFFICIAL

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

DAVID SMITH

Tax Period

2023-01-01 to 2023-12-31

ALABAMA ASSN OF SCHOOL BUS OFFICIAL, founded in 1995, is a small nonprofit that reported $839K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 19% operating margin.

Mission

PROMOTE SCHOOL BUSINESS ADMINISTRATION PROFESSIONALISM, EFFICIENCY AND ETHICS THROUGH EDUCATION AND NETWORKING

Program Service Accomplishments

Program 1

Expenses: $419,835

PROVIDED PROGRAMS, WORKSHOPS AND SERVICES THAT ENHANCED THE PROFESSIONALISM OF SCHOOL BUSINESS MANAGEMENT OFFICIALS AND IMPROVED THE PERFORMANCE OF THE SCHOOL DISTRICTS IN WHICH THEY WORK.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $215,843

Program Service Revenue $559,392

Investment Income $63,505

Other Revenue $0

TOTAL REVENUE $838,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $460,067

Fundraising Expenses $0

Program Expenses $419,835

Other Expenses $216,477

TOTAL EXPENSES $676,544

Year-over-Year Comparison

	2023	2022	Change
Revenue	$838,740	$617,961	+0.4%
Expenses	$676,544	$529,551	+0.3%
Net Income	$162,196	$88,410	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT JORDAN	DIRECTOR	0.00	Director	$0	$0	$0
DANNY HIGDON	DIRECTOR	0.00	Director	$0	$0	$0
MICHELLE McCAY	DIRECTOR	0.00	Director	$0	$0	$0
KAREN OBANNON	DIRECTOR	0.00	Director	$0	$0	$0
GRINDAL HARRIS	DIRECTOR	0.00	Director	$0	$0	$0
KATIE DODM	DIRECTOR	0.00	Director	$0	$0	$0
STACEY HOWARD	DIRECTOR	0.00	Director	$0	$0	$0
JOHN WILSON	DIRECTOR	0.00	Director	$0	$0	$0
JAMES BRUMLEY	DIRECTOR	0.00	Director	$0	$0	$0
JENNIER HORNSBY	PAST PRESIDENT	0.00	Officer Director	$0	$0	$0
AVERY FORD	PRESIDENT	0.00	Officer Director	$0	$0	$0
MONIQUE RECTOR	PRESIDENT ELECT	0.00	Officer Director	$0	$0	$0
SERENA OWSLEY	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
DAVID SMITH	EXECUTIVE DIRECTOR	40.00	Officer Highest	$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
2024	No data	No data	No data	No data
2023	$838,740	$676,544	$2,723,784	$162,196
2022	$617,961	$529,551	$2,517,962	$88,410
2021	$623,757	$433,406	$2,422,281	$190,351
2020	$561,185	$388,621	$2,231,858	$172,564
2019	$608,844	$457,446	$2,059,172	$151,398
2018	$565,488	$401,474	$1,908,027	$164,014