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Nonprofit · EIN 56-1390760

NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS

Tax-exempt · ROCKINGHAM, NC 28379

Financials

$2.7M$2.3M2023$3M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,972,562$2,889,180$83,382$1,159,596$9,436$1,150,160
June 30, 2024990$2,686,302$2,287,097$399,205$1,072,863$6,085$1,066,778
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$181,607
Membership dues
$134,930
Program service revenue
$2,781,948
Investment income
$9,007
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,000
Other salaries and wages
$138,862
Salaries, compensation and benefits (total)
$274,407
Professional fundraising fees
$0
Accounting fees
$2,600
Travel
$22,610
Program services (functional)
$2,521,686
Management and general (functional)
$367,494

Balance sheet and other

Total assets, start of year
$1,072,863
Total assets, end of year
$1,159,596
Total liabilities, end of year
$9,436
Net assets, end of year
$1,150,160
Net assets without donor restrictions
$1,150,160
Gross receipts
$2,972,562
Employees
3
Year formed
1984
State of legal domicile
NC

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 / weekCompensation
Pam SatterfieldExecutive Director
Officer, Key employee
40$115,000
Candy TilleyImmediate Past President
Officer
1$0
Shanna McLambPresident Elect
Officer
2$0
Seth PrevetteVice President
Officer
2$0
Cindy HolderSecretary
Officer
2$0
Faye PerryTreasurer
Officer
4$0
Tyler BeckPresident
Officer
4$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
Cindy HolderSecretary
Officer
2$0
Faye PerryTreasurer
Officer
4$0
Tyler BeckPresident Elect
Officer
2$0
Ashley SuttonImmediate Past President
Officer
1$0
Pam SatterfieldExecutive Director
Officer, Key employee
40$0
Candy TilleyPresident
Officer
4$0
Shanna McLambVice President
Officer
2$0

Address and contacts

Address (IRS master file)
164 BEANE RUN, ROCKINGHAM, NC 28379-9411
In care of
% PAM SATTERFIELD
Principal officer (990 for 2024)
Pam Satterfield, 164 Beane Run, Rockingham, NC 28379
Signed the 990
PAM SATTERFIELD, Executive Director
Phone
(910) 331-0841
Return prepared by
Maryglenn S Hill CPA PA

Mission

Professional development and leadership training for public school financial personnel.

990 for the year ended June 30, 2025

Program accomplishments

  • The NCASBO Contract Pool provides expert technical assistance to local public school units experiencing difficulties. The NCDPI Project provides training to school finance officers and their staff members and also provides mentors for new finance officers.
    Expenses $1,955,076 · revenue $2,040,721
  • Annual meetings and conferences provide members with continuing professional development classes as well as updates in the areas of accounting, legal, and legislative changes.
    Expenses $314,813 · revenue $400,344
  • The NCASBO School Business Management Academy enhances current staffs expertise and develops future public school business leaders through a comprehensive training program in the various areas of school finance.
    Expenses $251,797 · revenue $340,883

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
56-1390760
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,159,596
Income (IRS master file)
$2,972,562

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,972,562$2,889,180$1,159,596XML
990June 2024$2,686,302$2,287,097$1,072,863XML
990June 2023$2,085,937$1,922,974$667,573IRS
990June 2022–––IRS
990June 2021–––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 56-1390760).

Questions about NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS

What is the EIN of NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS?
The employer identification number (EIN) of NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS is 56-1390760.
Is NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS 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 NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS 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 NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS 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 NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS?
The 990 for the year ended June 30, 2025 names Pam Satterfield.
Who are the officers and directors of NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS?
The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $115,000 (Pam Satterfield, Executive Director).
How much revenue does NORTH CAROLINA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,972,562, expenses of $2,889,180 and total assets of $1,159,596 at year end.

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