New York State Association Of School Business Officials
NYSASBO shows strong asset growth over a decade, though recent filings indicate expenses exceeding revenue.
EIN: 141485303 · Latham, NY · Updated: 2026-03-28
Is New York State Association Of School Business Officials Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York State Association Of School Business Officials directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New York State Association Of School Business Officials
New York State Association Of School Business Officials (EIN: 141485303) is a nonprofit organization based in Latham, NY. The organization reported total revenue of $2.5M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Association Of School Business Officials'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 New York State Association Of School Business Officials with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New York State Association Of School Business Officials allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation.' This lack of reported compensation makes it difficult to assess executive pay relative to the organization's size and revenue, which was $1,968,264 in the latest period.
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 New York State Association Of School Business Officials's IRS 990 filings:
- Expenses exceeding revenue in the two most recent periods (202306 and 202206), totaling a deficit of over $500,000.
- Lack of reported officer compensation, which could obscure leadership costs if compensation is reported elsewhere.
Strengths
The following positive indicators were identified for New York State Association Of School Business Officials:
- Consistent and significant asset growth over the past decade, from $1,747,220 in 201306 to $4,327,708 in 202306.
- Strong asset base relative to liabilities, indicating financial stability.
- History of revenue exceeding expenses in most filing periods prior to 202206, demonstrating effective financial management.
Frequently Asked Questions about New York State Association Of School Business Officials
Is New York State Association Of School Business Officials a legitimate charity?
Based on AI analysis of IRS 990 filings, New York State Association Of School Business Officials (EIN: 141485303) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does New York State Association Of School Business Officials spend its money?
New York State Association Of School Business Officials directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York State Association Of School Business Officials tax-deductible?
New York State Association Of School Business Officials is registered as a tax-exempt nonprofit (EIN: 141485303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have expenses exceeded revenue in the last two filing periods (202306 and 202206)?
The filings show expenses of $2,411,249 against revenue of $1,968,264 in 202306, and expenses of $1,977,042 against revenue of $1,869,553 in 202206. This recent trend contrasts with prior years where revenue generally exceeded expenses, suggesting a potential shift in operational strategy or increased investment.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.
How does the organization manage its liabilities, which were $552,666 in 202306?
The organization's liabilities have fluctuated but generally remain a manageable portion of its total assets. For example, in 202306, liabilities were $552,666 against assets of $4,327,708, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for New York State Association Of School Business Officials showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), New York State Association Of School Business Officials's revenue has grown by 47.6%, moving from $1.3M to $2.0M. Total assets increased by 177.2% over the same period, from $1.6M to $4.3M. Total functional expenses rose by 109.2%, from $1.2M to $2.4M. In its most recent filing year (2023), New York State Association Of School Business Officials reported a deficit of $443K, with expenses exceeding revenue. The organization holds $553K in liabilities against $4.3M in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.4M | $4.3M | $553K | — | — |
| 2022 | $1.9M | $2.0M | $4.7M | $501K | — | View 990 |
| 2020 | $1.7M | $1.6M | $4.6M | $651K | — | View 990 |
| 2019 | $2.4M | $1.7M | $4.1M | $253K | — | View 990 |
| 2018 | $2.2M | $1.7M | $3.7M | $342K | — | View 990 |
| 2017 | $2.0M | $1.4M | $3.3M | $347K | — | View 990 |
| 2016 | $1.7M | $1.3M | $2.9M | $360K | — | View 990 |
| 2015 | $1.7M | $1.3M | $2.9M | $767K | — | View 990 |
| 2014 | $1.5M | $1.1M | $2.0M | $345K | — | View 990 |
| 2013 | $1.4M | $1.1M | $1.7M | $371K | — | View 990 |
| 2012 | $1.3M | $1.2M | $1.6M | $433K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.4M, and assets of $4.3M (revenue +5.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $4.7M (revenue +7.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $4.6M (revenue -28.2% year-over-year).
- 2019: Revenue of $2.4M, expenses of $1.7M, and assets of $4.1M (revenue +10.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.7M, and assets of $3.7M (revenue +8.4% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.4M, and assets of $3.3M (revenue +16.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $2.9M (revenue +0.5% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.3M, and assets of $2.9M (revenue +17.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.1M, and assets of $2.0M (revenue +5.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $1.7M (revenue +4.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.6M.
Data Sources and Methodology
This transparency report for New York State Association Of School Business Officials 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.