NATIONAL BUSINESS OFFICERS ASSOCIATION INC Charity Report

Public IRS 990 nonprofit record

NATIONAL BUSINESS OFFICERS ASSOCIATION INC

EIN 52-2086855 · Arts, Culture & Humanities N.E.C. (A99)

What they do

NATIONAL BUSINESS OFFICERS ASSOCIATION (NBOA) DEVELOPS, DELIVERS and PROMOTES BEST BUSINESS PRACTICES to ADVANCE INDEPENDENT SCHOOLS and PROVIDES EXCELLENCE IN EDUCATION SUPPORTED BY WORLD-CLASS BUSINESS OPERATIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.26%of revenue went to mission work80.8% of expenses · Program services

1.28%of revenue went to fundraising1.4% of expenses

$90.61spent for every $100 of revenueRevenue covered expenses this year.

16.07%of revenue went to management and office costs17.7% of expenses

$1.89in assets for every $1 spent this yearSome assets cannot be spent right away.

6.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $611,430 for JEFFREY SHIELDS (PRESIDENT & CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$8,426,790

Mission workProgram services$6,173,16073.26% of revenue80.8% of expenses

ManagementOffice and general costs$1,354,16716.07% of revenue17.7% of expenses

FundraisingAsking for donations$108,0911.28% of revenue1.4% of expenses

Revenue left after expensesReported annual surplus$791,3729.39% of revenueShown in gray on the chart

Total expenses$7,635,41890.61% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.8% mission · 17.7% management · 1.4% fundraisingTotal expenses: 90.61% of revenue

2023Expense mix: 79.0% mission · 19.6% management · 1.4% fundraisingTotal expenses: 85.94% of revenue

2022Expense mix: 76.4% mission · 22.2% management · 1.4% fundraisingTotal expenses: 92.29% of revenue

2021Expense mix: 78.3% mission · 20.0% management · 1.7% fundraisingTotal expenses: 92.94% of revenue

2020Expense mix: 75.7% mission · 22.0% management · 2.3% fundraisingTotal expenses: 87.21% of revenue

2019Expense mix: 79.5% mission · 18.6% management · 1.9% fundraisingTotal expenses: 92.97% of revenue

2018Expense mix: 76.8% mission · 21.4% management · 1.8% fundraisingTotal expenses: 94.84% of revenue

2017Expense mix: 78.2% mission · 20.3% management · 1.5% fundraisingTotal expenses: 88.57% of revenue

Money in and money out

Revenue$8,426,790

Expenses$7,635,418

Annual surplus $791,372 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,173,160 · 80.8% of expenses

Management and office costs$1,354,167 · 17.7% of expenses

Fundraising$108,091 · 1.4% of expenses

See all reported dollar amounts

Revenue$8,426,790

Expenses$7,635,418

Assets$14,400,083

Income$8,434,104

Contributions$541,300

Mission work (program services)$6,173,160

Fundraising$108,091

Management and general$1,354,167

Stocks and bonds$6,852,695

Accounting fees$48,032

Investing fees$18,748

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFFREY SHIELDSPRESIDENT & CHIEF EXECUTIVE OFFICER · 40 hrs/week $611,430Base $526,303 · Other $85,127

JAMES PALMIERIEXECUTIVE VICE PRESIDENT · 40 hrs/week $303,933Base $258,935 · Other $44,998

JENNIFER HILLENCHIEF LEARNING OFFICER · 40 hrs/week $271,043Base $229,263 · Other $41,780

IRENA REESECHIEF FINANCIAL & OPERATIONS OFFICER · 40 hrs/week $234,563Base $197,463 · Other $37,100

BRIAN GREENSR. DIRECTOR, IT & WEB SERVICES · 40 hrs/week $163,547Base $130,098 · Other $33,449

CECILY GARBERASSOCIATE VICE PRESIDENT, COMMUNICATIONS & MEMBER · 40 hrs/week $152,935Base $126,296 · Other $26,639

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

JEFFREY SHIELDSPRESIDENT & CHIEF EXECUTIVE OFFICER

JAMES PALMIERIEXECUTIVE VICE PRESIDENT

JENNIFER HILLENCHIEF LEARNING OFFICER

IRENA REESECHIEF FINANCIAL & OPERATIONS OFFICER

BRIAN GREENSR. DIRECTOR, IT & WEB SERVICES

CECILY GARBERASSOCIATE VICE PRESIDENT, COMMUNICATIONS & MEMBER

JOE CARTERDIRECTOR

WHITNEY WALTERS-SACHSDIRECTOR (UNTIL 02/25)

RICK BRANSONDIRECTOR

RAGAN LOWERDIRECTOR

MICHAEL EBELINGDIRECTOR

MEETA NOSRATIDIRECTOR

MARK MITCHELLDIRECTOR

LYNDA SAILORDIRECTOR

LISA TURCHANSECRETARY (AS OF 07/24)

LINDA DENNISONDIRECTOR

LAUREL BAKER-TEWDIRECTOR

KELLY GARNES-PAGESTREASURER (AS OF 07/24)

ANNE-MARIE KEEDIRECTOR

ED GRIFFINDIRECTOR

DYANA CONROYDIRECTOR

DUNCAN BOOTHBOARD CHAIR

CHRIS HARPERDIRECTOR

BETH POLLARDCHAIR - ELECT

About this charity

Recognized since: January 1998
Location: 1015 15TH ST NW STE 1025, WASHINGTON, DC 20005-2647
County: District of Columbia
In care of: JEFFREY SHIELDS
Primary officer: JEFFREY SHIELDS, PRESIDENT & CHIEF EXECUTIVE OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(202) 407-7140

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Arts, Culture & Humanities N.E.C. (A99)
IRS tax category: Arts, Culture & Humanities N.E.C.