Association Of School Business Officials International
ASBO International: Strong Mission, Declining Assets, and Transparency Gaps
EIN: 222989991 · Niantic, CT · Updated: 2026-04-04
About Association Of School Business Officials International
Association Of School Business Officials International (EIN: 222989991) is a nonprofit organization based in Niantic, CT. The organization reported total revenue of $372K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of School Business Officials International's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of School Business Officials International with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Association Of School Business Officials International allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures are not provided in the available data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Association Of School Business Officials International's IRS 990 filings:
- Total assets have shown a consistent decline from $318,114 in 2021 to $190,164 in 2024.
- Net assets (l) have fluctuated significantly, with a high of $76,832 in 2021 and a low of $0 in 2024, indicating potential financial instability or strategic asset utilization.
- The provided data lacks specific details on program expenses versus administrative and fundraising, making a precise spending breakdown difficult.
Strengths
The following positive indicators were identified for Association Of School Business Officials International:
- Consistent revenue generation over the years, with recent growth from $190,866 in 2021 to $357,398 in 2024.
- The organization maintains a positive net income in most years, indicating operational efficiency.
- Long-standing presence with consistent financial reporting.
Frequently Asked Questions about Association Of School Business Officials International
What does Association Of School Business Officials International do?
Association Of School Business Officials International is a nonprofit organization in the Unknown sector, located in Niantic, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Association Of School Business Officials International have?
Association Of School Business Officials International reported total revenue of $371,838. Based on 14 IRS 990 filings on record.
What are Association Of School Business Officials International's total assets?
Association Of School Business Officials International holds total assets of $199,089 as reported in IRS 990 filings.
Where is Association Of School Business Officials International located?
Association Of School Business Officials International is based in Niantic, Connecticut.
What is Association Of School Business Officials International's EIN?
Association Of School Business Officials International's Employer Identification Number (EIN) is 222989991. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Association Of School Business Officials International?
Association Of School Business Officials International is classified under NTEE code Unknown (Unknown).
Is Association Of School Business Officials International a registered 501(c)(3)?
Association Of School Business Officials International appears in IRS records (EIN: 222989991). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Association Of School Business Officials International file IRS Form 990?
Yes, Association Of School Business Officials International has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Association Of School Business Officials International's revenue in 2024?
In the 202406 filing period, Association Of School Business Officials International reported total revenue of $357,398, total expenses of $386,173, and net assets of $190,164.
Is Association Of School Business Officials International's revenue growing or declining?
Association Of School Business Officials International's revenue is growing. Revenue went from $320,108 (202306) to $357,398 (202406), a +11.6% change. Based on 14 filings on record.
What is Association Of School Business Officials International's most recent 990 filing?
The most recent IRS Form 990 filing for Association Of School Business Officials International covers tax period 202406. It shows revenue of $357,398, expenses of $386,173, total assets of $190,164, and liabilities of N/A.
How much does Association Of School Business Officials International spend on programs vs administration?
Based on IRS 990 analysis, Association Of School Business Officials International allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Association Of School Business Officials International a trustworthy charity?
Based on AI analysis of IRS 990 data, Association Of School Business Officials International appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Association Of School Business Officials International?
The following concerns were identified: Total assets have shown a consistent decline from $318,114 in 2021 to $190,164 in 2024.. Net assets (l) have fluctuated significantly, with a high of $76,832 in 2021 and a low of $0 in 2024, indicating potential financial instability or strategic asset utilization.. The provided data lacks specific details on program expenses versus administrative and fundraising, making a precise spending breakdown difficult.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Association Of School Business Officials International's strengths?
Positive indicators for Association Of School Business Officials International include: Consistent revenue generation over the years, with recent growth from $190,866 in 2021 to $357,398 in 2024.. The organization maintains a positive net income in most years, indicating operational efficiency.. Long-standing presence with consistent financial reporting.. These findings are derived from AI analysis of the organization's financial filings.
How does Association Of School Business Officials International compensate executives?
Executive compensation cannot be assessed as specific figures are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors are contributing to the consistent decline in total assets, and what strategies are in place to reverse this trend?
The data shows a decline in total assets from $318,114 in 2021 to $190,164 in 2024. Without further financial statements, it's unclear if this is due to asset depreciation, strategic divestment, or operational losses. A detailed balance sheet would be needed to understand the specific asset categories affected and the organization's strategy to address this.
Given the fluctuation in net assets (l), what is the organization's policy on reserves and how does it manage its unrestricted funds?
Net assets have varied significantly, from $76,832 in 2021 to $0 in 2024. This volatility suggests either a lack of consistent reserve policy or active use of unrestricted funds for operational needs or specific projects. Understanding the organization's reserve policy and how it categorizes and utilizes its net assets is crucial for assessing financial health.
Filing History
IRS 990 filing history for Association Of School Business Officials International showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Association Of School Business Officials International's revenue has grown by 83.7%, moving from $195K to $357K. Total assets decreased by 3.1% over the same period, from $196K to $190K. Total functional expenses rose by 101.2%, from $192K to $386K. In its most recent filing year (2024), Association Of School Business Officials International reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $357K | $386K | $190K | $0 | — | — |
| 2023 | $320K | $352K | $219K | $0 | — | View 990 |
| 2022 | $297K | $309K | $238K | $9K | — | View 990 |
| 2021 | $191K | $183K | $318K | $77K | — | View 990 |
| 2020 | $209K | $208K | $304K | $71K | — | View 990 |
| 2019 | $291K | $270K | $264K | $31K | — | View 990 |
| 2018 | $286K | $285K | $260K | $48K | — | View 990 |
| 2017 | $286K | $310K | $235K | $15K | — | View 990 |
| 2016 | $292K | $298K | $246K | $12K | — | View 990 |
| 2015 | $282K | $252K | $274K | $34K | — | View 990 |
| 2014 | $245K | $244K | $226K | $16K | — | View 990 |
| 2013 | $255K | $244K | $209K | $908 | — | View 990 |
| 2012 | $205K | $192K | $199K | $8K | — | View 990 |
| 2011 | $195K | $192K | $196K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $357K, expenses of $386K, and assets of $190K (revenue +11.6% year-over-year).
- 2023: Revenue of $320K, expenses of $352K, and assets of $219K (revenue +7.8% year-over-year).
- 2022: Revenue of $297K, expenses of $309K, and assets of $238K (revenue +55.5% year-over-year).
- 2021: Revenue of $191K, expenses of $183K, and assets of $318K (revenue -8.7% year-over-year).
- 2020: Revenue of $209K, expenses of $208K, and assets of $304K (revenue -28.0% year-over-year).
- 2019: Revenue of $291K, expenses of $270K, and assets of $264K (revenue +1.4% year-over-year).
- 2018: Revenue of $286K, expenses of $285K, and assets of $260K (revenue +0.2% year-over-year).
- 2017: Revenue of $286K, expenses of $310K, and assets of $235K (revenue -2.2% year-over-year).
- 2016: Revenue of $292K, expenses of $298K, and assets of $246K (revenue +3.6% year-over-year).
- 2015: Revenue of $282K, expenses of $252K, and assets of $274K (revenue +15.0% year-over-year).
- 2014: Revenue of $245K, expenses of $244K, and assets of $226K (revenue -3.7% year-over-year).
- 2013: Revenue of $255K, expenses of $244K, and assets of $209K (revenue +24.3% year-over-year).
- 2012: Revenue of $205K, expenses of $192K, and assets of $199K (revenue +5.3% year-over-year).
- 2011: Revenue of $195K, expenses of $192K, and assets of $196K.
Data Sources and Methodology
This transparency report for Association Of School Business Officials International is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.