COLORADO ASSOCIATION OF SCHOOL BUSINESS OFFICIALS

EIN: 742354545 501(c)(3) Education

FORT COLLINS, CO

Total Revenue
$604,527
Total Expenses
$493,547
Total Assets
$792,969
Net Assets
$792,969
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
CO
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

Mission is to develop and improve skills of K-12 School Business Officials. Activities center around annual educational conferences held for the purpose of developing and improving skills of school business administrators and managers. Membership is over 300.

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

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Governance

Voting Members
14
Independent Members
14
Employees
3
Volunteers
20

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
$100,000
Total Directors
14
$0
Key Employees
1
$0
Highest Compensated
0
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
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