Association of School Business Officials International
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE PURPOSE OR PURPOSES FOR WHICH ILLINOIS ASBO IS ORGANIZED, AND FOR WHICH IT SHALL BE OPERATED, ARE EXCLUSIVLEY FOR EDUCATIONAL, SCIENTIFIC, AND CHARITABLE PURPOSES: A). EDUCATION AT THE ELEMENTARY, SECONDARY, COLLEGE, AND POST GRADUATE LEVELS; B). TO ENABLE THE MEMBERS AND THE GENERAL PUBLIC TO BETTER CONDUCT THE MANAGEMENT OF SCHOOLS AT ALL LEVELS; C). TO CONDUCT RESEARCH PROGRAMS IN THE FIELD OF SCHOOL ADMINISTRATION, AND TO PUBLISH THE RESULTS OF SUCH RESEARCH; D). TO ENGAGE IN A PROGRAM OF EDUCATION TO IMPROVE THE ABILITIES OF PERSONS CARRYING ON ACTIVITIES IN THE FIELD OF SCHOOL ADMINISTRATION; E). TO ADVANCE EDUCATION BY PROMOTING THE HIGHEST STANDARDS OF ETHICAL CONDUCT BY PERSONS CARRYING ON ACTIVITIES IN THE FIELD OF SCHOOL ADMINISTRATION; AND F). TO ENGAGE IN ANY OTHER LAWFUL ACTIVTY INCIDENTAL TO THE FOREGOING PURPOSES. ILLINOIS ASBOS MISSION IS TO PROVIDE OUR MEMBERS AND STAKEHOLDERS WITH A COMPREHENSIVE RANGE OF PROFESSIONAL DEVELOPMENT ACTIVITIES, SERVICES AND ADVOCACY
- Income
- $5.4 million
- Spending
- $5.0 million
- Spent on programs
- 70%
- Reserves
- 13.5 months of spending
- Largest source of income
- fees for its services, 91%
- Employees
- 30
- Highest pay
- $307,703, exec dir/ceo
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
Strong: 96 out of 100.
Reserves
35 of 35Spendable reserves would cover 13.5 months of spending.
Debt
16 of 20It owes 17% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 4% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 0 cents.
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: 100 out of 100.
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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 (5)
- $413,370 spent. FOR THE PURPOSE OF TRAINING MEMBERS FOR CERTIFICATION AS SCHOOL BUSINESS OFFICIALS
- $1.4 million spent. CONFERENCES (INCLUDING ANNUCAL CONFERENCE), WORKSHOPS, SEMINARS AND EXHIBITS - FOR THE PURPOSE OF SUPPLYING MEMBERS INFORMATION, RESOURCES AND CONSULTATION; LIQUID ASSET PROGRAM - FOR THE PURPOSE OF PROVIDING OPPORTUNITIES FOR SCHOOL DISTRICTS TO INVEST AND MANAGE FUNDS; ILLINOIS ENERGY CONSORTIUM - PROVIDING OPPORTUNITIES FOR SCHOOL DISTRICT TO PURCHASE ENERGY COSTS AT A COMPETITIVE COST; PROCUREMENT CARD PROGRAM - PROVIDING SCHOOL DISTRICTS A PCARD OFFERING WHICH OFFERS REBATES BASED ON PURCHASES; FORECAST5 ANALYTICS - OFFERING SCHOOL DISTRICT TECHNOLOGY TO ASSIST SBO IN FORECASTING AND FINANCIAL ANALYSIS; BENEFIT CONSORTIUMS - OFFERING SCHOOL DISTRICTS THE OPPORTUNITY TO PURCHASE HEALTH INSURANCE AT A COMPETITIVE COST.
- $285,991 spent. BOARD-RELATED EXPENSES AND COSTS RELATED TO ADVOCACY ACTIVITES.
- $1.4 million spent. CONFERENCES, WORKSHOPS, SEMINARS AND EXHIBITS FOR THE PURPOSE OF SUPPLYING MEMBERS INFORMATION, RESOURCES, AND CONSULTATION. LIQUID ASSET PROGRAM FOR THE PURPOSE OF PROVIDING OPPORTUNITIES FOR SCHOOL DISTRICTS TO INVEST AND MANAGE FUNDS. ILLINOIS ENERGY CONSORTIUM PROCUREMENT PROGRAM.
- CONFERENCES, WORKSHOPS, SEMINARS AND EXHIBITS FOR THE PURPOSE OF SUPPLYING MEMBERS INFORMATION, RESOURCES, AND CONSULTATION. LIQUID ASSET PROGRAM FOR THE PURPOSE OF PROVIDING OPPORTUNITIES FOR SCHOOL DISTRICTS TO INVEST AND MANAGE FUNDS. ILLINOIS ENERGY CONSORTIUM PROCUREMENT PROGRAM.
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
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.
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 November 6, 2026.
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.
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.
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.
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 November 4, 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.