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Passes our checks

Association of School Business Officials International

EIN 23-7101055 · St Louis Park, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 47% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

Advance the knowledge & abilities of school business professionals & provide a voice & forum for the profession.

Income
$927,775
Spending
$856,174
Spent on programs
47%
Reserves
19.8 months of spending
Largest source of income
fees for its services, 93%
Employees
1
Volunteers
40
Highest pay
$111,650, executive dir.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 19.8 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 8% of income.

  • Income trend

    15 of 15

    Income rose 6% on the year before.

  • Spending floor

    0 of 15

    47% of spending went to programs.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 81% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $400,297 spent. PROVIDED MEETINGS, WORKSHOPS & SEMINARS TO ADVANCE MEMBERS SKILLS & PROVIDE OPPORTUNITIES FOR NETWORKING & SHARING OF INFORMATION. THESE MEETINGS INCLUDE A FALL, WINTER & SPRING CONFERENCE WHICH ATTRACT OVER 250 ATTENDEES AT EACH EVENT: THE MASBO INSTITUTE, WHICH IS A MULTI-DAY INTRODUCTION TO ALL AREAS OF SCHOOL BUSINESS MANAGEMENT; A LEADERSHIP PROGRAM WHICH PROVIDES FOCUSED TRAINING TO SCHOOL BUSINESS OFFICIALS IN ORDER TO OFFER PRACTICAL LEADERSHIP EDUCATION THAT WILL HELP SCHOOL BUSINESS OFFICIALS SUCCEED & EXCEL IN THEIR CAREERS; A CERTIFICATION PROGRAM THAT IS DESIGNED TO TRAIN CURRENT & PROSPECTIVE SCHOOL BUSINESS OFFICIALS, OFFERS PRACTICAL INFORMATION TO ASSIST MEMBERS IN EXCELLING IN THEIR PROFESSION; WEBINARS TO PROVIDE TIMELY INFORMAITON ON SCHOOL BUSINESS TASKS.
  2. The MSDLAF+ Fund allows Minnesota school districts & entities to pool their investment funds to achieve a high yield. MASBO has been a sponsor of the MSDLAF fund since 2007, providing oversight & marketing services.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Worth knowing.

    Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1988.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.