COLORADO ASSOCIATION OF SCHOOL BUS… - Form 990 Financial Data

🔒

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

1953

Legal Domicile

Principal Officer

Stephanie Watson

Phone

7207819611

Tax Period

2024-01-01 to 2024-12-31

COLORADO ASSOCIATION OF SCHOOL BUSINESS OFFICIALS, founded in 1953, is a small nonprofit in the Education sector that reported $605K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $111K, a strong 18% operating margin.

Mission

developing and improving skills of K-12 school business officials

Program Service Accomplishments

Program 1

Expenses: $280,945 Revenue: $324,854

CASBO Annual Spring Meeting and Conference: educational conference held for the purpose of developing and improving skills of school business administrators and managers.

Program 2

Expenses: $150,536 Revenue: $139,523

CASBO Fall Conference: educational conference held for the purpose of developing and improving skills of school business administrators and managers.

Program 3

Expenses: $27,835 Revenue: $20,404

ASBO Annual Meeting and Conference: educational conference held for the purpose of developing and improving skills of school business administrators and managers.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $87,102

Program Service Revenue $484,781

Investment Income $32,644

Other Revenue $0

TOTAL REVENUE $604,527

Expense Breakdown

Grants Paid $4,200

Salaries & Benefits $164,740

Fundraising Expenses $0

Program Expenses $459,316

Other Expenses $324,607

TOTAL EXPENSES $493,547

Year-over-Year Comparison

	2024	2023	Change
Revenue	$604,527	$511,655	+0.2%
Expenses	$493,547	$439,990	+0.1%
Net Income	$110,980	$71,665	+0.5%

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

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephanie Watson	Executive Director	35.00	Officer	$100,000	$0	$100,000
Sandra Nees	Past President	2.00	Officer Director	$0	$0	$0
Katie Cossette	Board Member	2.00	Director	$0	$0	$0
Shannon Solomon	President	2.00	Officer Director	$0	$0	$0
Mimi Livermore	Vice President	2.00	Director Key Emp	$0	$0	$0
Lisa Sharp	Board Member	2.00	Director	$0	$0	$0
Joe Stephen	Board Member	2.00	Director	$0	$0	$0
Kari Albright	Board Member	2.00	Director	$0	$0	$0
Rebekah Brooks	Board Member	2.00	Director	$0	$0	$0
Ashley Stephen	Secretary and Treasurer	2.00	Officer Director	$0	$0	$0
Mary Cooper	Board Member	2.00	Director	$0	$0	$0
Jonathan Levesque	Board Member	2.00	Director	$0	$0	$0
Josh Higgins	Board Member	2.00	Director	$0	$0	$0
Gina Lanier	ASBO Liason	2.00	Director	$0	$0	$0
Samantha Gallagher	Board Member	2.00	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
2024	$604,527	$493,547	$792,969	$110,980
2023	$511,655	$439,990	$681,989	$71,665
2022	$440,465	$416,265	$610,324	$24,200
2021	$349,925	$441,388	$586,124	$-91,463
2020	$238,414	$170,134	$677,587	$68,280

COLORADO ASSOCIATION OF SCHOOL BUSINESS OFFICIALS