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Nonprofit · EIN 23-7101055

ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL

Also known as MINNESOTA ASSOCIATION OF SBO

Tax-exempt · ST LOUIS PARK, MN 55416

Financials

$854K$690K2022$878K$762K2023$928K$856K2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$927,775$856,174$71,601$1,547,270$133,114$1,414,156
June 30, 2024990$877,976$762,267$115,709$1,488,616$146,061$1,342,555
June 30, 2023990$853,906$690,252$163,654$1,428,575$201,729$1,226,846
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$863,620
Investment income
$58,053
Other revenue
$6,102

Expenses

Grants and similar amounts paid
$4,500
Compensation of officers, directors and key employees
$114,730
Other salaries and wages
$37,167
Salaries, compensation and benefits (total)
$165,011
Professional fundraising fees
$0
Legal fees
$1,339
Accounting fees
$3,238
Travel
$43,529
Program services (functional)
$400,297
Management and general (functional)
$455,877

Balance sheet and other

Total assets, start of year
$1,488,616
Total assets, end of year
$1,547,270
Total liabilities, end of year
$133,114
Net assets, end of year
$1,414,156
Net assets without donor restrictions
$1,414,156
Gross unrelated business income
$1,000
Gross receipts
$927,775
Employees
1
Volunteers
40
Year formed
1950
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CONNIE NORDQUISTExecutive Dir.
Officer
32$107,500$4,150
JOHN MORSTADPresident
Trustee or director, Officer
2$0$0
CANDACE NELISPRESIDENT ELECT
Trustee or director, Officer
2$0$0
ANDREW BEENKEN-ADAMSVice President
Trustee or director, Officer
2$0$0
TRACEY FIEREKDIR/TREASURER
Trustee or director, Officer
2$0$0
CINDY OLSONPAST PRES/TREAS
Trustee or director, Officer
2$0$0
MIRANDA KRAMERDirector
Trustee or director
2$0$0
MERT WOODARDDirector
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
CONNIE NORDQUISTExecutive Dir.
Officer
32$105,000$3,150
CINDY OLSONPRESIDENT/TREAS
Trustee or director, Officer
2$0$0
JOHN CARLSONPAST PRESIDENT
Trustee or director, Officer
2$0$0
JOHN MORSTADPRESIDENT ELECT
Trustee or director, Officer
2$0$0
CANDACE NELISVice President
Trustee or director, Officer
2$0$0
ANDREW BEENKEN-ADAMSDirector
Trustee or director
2$0$0
TRACEY FIERECKDirector
Trustee or director
2$0$0
MERT WOODARDDirector
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
CONNIE NORDQUISTExecutive Dir.
Officer
32$97,702$2,500
CINDY OLSONPRESIDENT/TREAS
Trustee or director, Officer
2$0$0
JOHN CARLSONPAST PRESIDENT
Trustee or director, Officer
2$0$0
JOHN MORSTADPRESIDENT ELECT
Trustee or director, Officer
2$0$0
CANDACE NELISVice President
Trustee or director, Officer
2$0$0
ANDREW BEENKEN-ADAMSDirector
Trustee or director
2$0$0
TRACEY FIERECKDirector
Trustee or director
2$0$0
MERT WOODARDDirector
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1601 UTICA AVENUE SOUTH, ST LOUIS PARK, MN 55416-3486
In care of
% CONNIE NORDQUIST
Principal officer (990 for 2024)
JOHN MORSTAD, 1601 UTICA AVE S 213, MINNEAPOLIS, MN 55416
Signed the 990
TRACEY FIERECK, Treasurer
Phone
(651) 290-7485
Return prepared by
Petersen Professionals PC

Mission

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

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $400,297 · revenue $588,507
  • 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.
    revenue $276,113

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7101055
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
1988
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20C)
Assets (IRS master file)
$1,547,270
Income (IRS master file)
$927,775

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$927,775$856,174$1,547,270IRS
990June 2024$877,976$762,267$1,488,616XML
990June 2023$853,906$690,252$1,428,575XML
990June 2022$603,485$690,553$1,252,306IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7101055).

Questions about ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL

What is the EIN of ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL?
The employer identification number (EIN) of ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL is 23-7101055.
Is ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Which annual return does ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL?
The 990 for the year ended June 30, 2025 names JOHN MORSTAD.
Who are the officers and directors of ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $107,500 (CONNIE NORDQUIST, Executive Dir.).
How much revenue does ASSOCIATION OF SCHOOL BUSINESS OFFICIALS INTERNATIONAL have?
On its 990 for the year ended June 30, 2025 it reported revenue of $927,775, expenses of $856,174 and total assets of $1,547,270 at year end.

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