ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL

EIN: 810472874 501(c)(3)

Helena, MT

Total Revenue
$675,074
Total Expenses
$573,346
Total Assets
$1,054,133
Net Assets
$458,078
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
MT
Principal Officer
Shelley Turner
Phone
4064613659
Tax Period
2024-07-01 to 2025-06-30

ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL, founded in 1968, is a small nonprofit that reported $675K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $102K, a strong 15% operating margin.

Mission

MASBOs mission is to empower school business leaders through education. MASBO is dedicated to training and supporting the people responsible for business operations in Montanas public schools. Our goal is to enable our members to manage the business activities and reporting requirements to support education for Montanas children.

Program Service Accomplishments

Program 1
Expenses: $57,833 Revenue: $77,372

The Montana Association of School Business Officials MASBO organizes a substantial summer networking event and conference delivering more than 36 hours of professional development opportunities to...

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The Montana Association of School Business Officials MASBO organizes a substantial summer networking event and conference delivering more than 36 hours of professional development opportunities to its members. This flagship event facilitates valuable networking opportunities among attendees including interactions with peers government officials relevant agencies and key vendors serving educational institutions. The conference represents the culmination of MASBOs yearly workshop series addressing a wide range of topics crucial to school finance and operations. The impact and effectiveness of this event are measured through participant engagement metrics improvements in operational efficiencies in the following year post-event surveys and input from MASBO affiliates.

Program 2
Expenses: $115,290 Revenue: $105,545

MASBOs mission is to support school districts in enhancing their business operations. Through the employment of two training and professional development coordinators MASBO offers on-site services...

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MASBOs mission is to support school districts in enhancing their business operations. Through the employment of two training and professional development coordinators MASBO offers on-site services and training to school districts seeking assistance in their business offices. These services encompass a wide range of support including filling in for clerk vacancies to perform essential tasks aiding with annual financial reporting and budgeting and providing on-site training for newly hired clerks. Moreover MASBOs interim services address issues such as neglected incorrect or incomplete work in district business offices ensuring compliance with state and federal financial regulations and deadlines.

Program 3
Expenses: $140,712 Revenue: $160,162

MASBO provides a variety of professional development opportunities through training events activities and personalized advising sessions facilitated by MASBO staff. These services are available...

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MASBO provides a variety of professional development opportunities through training events activities and personalized advising sessions facilitated by MASBO staff. These services are available year-round excluding specific summer interim and onsite training programs. Sessions are conducted in person via webinar and by phone to accommodate diverse learning preferences. Complementing these offerings MASBO maintains a comprehensive online resource library accessible to members without restrictions. This repository includes a wealth of materials a monthly newsletter and a calendar featuring key dates to support ongoing professional growth and development.

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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 $165,944
Program Service Revenue $363,533
Investment Income $14,255
Other Revenue $131,342
TOTAL REVENUE $675,074

Expense Breakdown

Grants Paid $0
Salaries & Benefits $312,257
Fundraising Expenses $0
Program Expenses $516,011
Other Expenses $261,089
TOTAL EXPENSES $573,346

Year-over-Year Comparison

2024 2023 Change
Revenue $675,074 $579,631 +0.2%
Expenses $573,346 $511,889 +0.1%
Net Income $101,728 $67,742 +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

Financial Distress Indicator

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
10
Independent Members
10
Employees
3
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
1
$89,267
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karsen Floerchinger Director 0.00
Director
$0 $0 $0
Shelley Turner Executive Director 4 22 to present 40.00
Officer
$89,267 $0 $89,267
Rita Huck Past President 0.00
Director
$0 $0 $0
Belinda Klick President 0.00
Director
$0 $0 $0
Daniella Walsh Director 0.00
Director
$0 $0 $0
Heather Mumby Director 0.00
Director
$0 $0 $0
Lacey Porrovecchio Fiscal Agent 0.00
Director
$0 $0 $0
Colleen Drury Director 0.00
Director
$0 $0 $0
Rebekah Rhoades Vice President 0.00
Director
$0 $0 $0
Stacy Montgomery Director 0.00
Director
$0 $0 $0
Carrie Fisher Director 0.00
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
2025 $675,074 $573,346 $1,054,133 $101,728
2024 $579,631 $511,889 $984,708 $67,742
2023 $594,848 $446,094 $950,530 $148,754
2022 $446,467 $468,432 $383,067 $-21,965
2021 $389,357 $400,173 $795,138 $-10,816
2020 $334,705 $300,026 $395,309 $34,679
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