NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS Charity Report

Public IRS 990 nonprofit record

NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS

EIN 53-0259954 · Education (B)

What they do

THE USUAL PUBLIC ACTIVITITES of THE NATIONAL ASSOCIATION of COLLEGE and UNIVSERSITY BUSINESS OFFICERS (NACUBO) ARE to DEVELOP, PROMOTE, and IMPROVE BUSINESS and FINANCIAL PRINCIPLES and PRACTICES IN THE ADMINISTRATION of INSTITUTIONS of HIGHER EDUCATION and to FOSTER AMONG MEMBER INSTITUTIONS PROFESSIONAL IDEALS and STANDARDS IN BUSINESS and FINANCIAL ADMINISTRATION.NACUBOS CORE MISSION is to IMPROVE FINANCIAL and ADMINISTRATIVE MANAGEMENT AT INSTITUTIONS of HIGHER EDUCATION. to THIS END, NACUBO MARSHALS EXPERTISE, SHARES KNOWLEDGE, PROVIDES TECHNICAL ASSISTANCE, and ENCOURAGES INNOVATION IN BUSINESS PRACTICES. AREAS of FOCUS INCLUDE ACCOUNTING and FINANCIAL MANAGEMENT INCLUDING ENDOWMENTS and DEBT, TAXATION, STUDENT FINANCIAL SERVICES, and BUSINESS OPERATIONS INCLUDING INFORMATION TECHNOLOGY and FACILITIES MANAGEMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.80 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 leaders38 people are listed in the latest report.

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

Money made simple

71.19%of revenue went to mission work79.8% of expenses · Program services

4.38%of revenue went to fundraising4.9% of expenses

$89.16spent for every $100 of revenueRevenue covered expenses this year.

13.59%of revenue went to management and office costs15.2% of expenses

$2.10in assets for every $1 spent this yearSome assets cannot be spent right away.

56.9%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 $637,963 for KARA FREEMAN (PRESIDENT & CEO). 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$20,033,806

Mission workProgram services$14,262,96071.19% of revenue79.8% of expenses

ManagementOffice and general costs$2,723,02413.59% of revenue15.2% of expenses

FundraisingAsking for donations$876,6084.38% of revenue4.9% of expenses

Revenue left after expensesReported annual surplus$2,171,21410.84% of revenueShown in gray on the chart

Total expenses$17,862,59289.16% 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: 79.8% mission · 15.2% management · 4.9% fundraisingTotal expenses: 89.16% of revenue

2023Expense mix: 80.7% mission · 14.6% management · 4.7% fundraisingTotal expenses: 105.73% of revenue

2022Expense mix: 76.6% mission · 20.0% management · 3.5% fundraisingTotal expenses: 95.08% of revenue

2021Expense mix: 74.0% mission · 21.5% management · 4.5% fundraisingTotal expenses: 64.11% of revenue

2020Expense mix: 73.0% mission · 22.2% management · 4.8% fundraisingTotal expenses: 89.38% of revenue

2019Expense mix: 78.1% mission · 17.7% management · 4.2% fundraisingTotal expenses: 89.23% of revenue

2018Expense mix: 78.1% mission · 17.1% management · 4.7% fundraisingTotal expenses: 105.98% of revenue

2017Expense mix: 80.2% mission · 16.3% management · 3.5% fundraisingTotal expenses: 103.66% of revenue

Money in and money out

Revenue$20,033,806

Expenses$17,862,592

Annual surplus $2,171,214 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)$14,262,960 · 79.8% of expenses

Management and office costs$2,723,024 · 15.2% of expenses

Fundraising$876,608 · 4.9% of expenses

See all reported dollar amounts

Revenue$20,033,806

Expenses$17,862,592

Assets$37,464,023

Income$49,547,038

Contributions$11,400,026

Mission work (program services)$14,262,960

Fundraising$876,608

Grants given$287,523

Average grant$10,269

Management and general$2,723,024

Stocks and bonds$27,748,064

Accounting fees$550,685

Investing fees$71,340

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

KARA FREEMANPRESIDENT & CEO · 35 hrs/week $637,963Base $564,898 · Other $73,065

TIMOTHY J MCDONOUGHSENIOR VP FOR STRATEGIC PARTNERSHIP · 35 hrs/week $383,538Base $307,864 · Other $75,674

ELIZABETH CLARKVP, POLICY & RESEARCH · 35 hrs/week $276,246Base $247,849 · Other $28,397

TADELETCH YIMAMVP, OPERATIONS & MEMBER ENGAGEMENT · 35 hrs/week $272,356Base $238,859 · Other $33,497

SUSAN MENDITTOSENIOR DIRECTOR, ACCOUNTING POLICY · 35 hrs/week $232,860Base $192,634 · Other $40,226

TIMOTHY ROBERSONVP, LEADERSHIP DEVELOPMENT · 35 hrs/week $224,264Base $189,597 · Other $34,667

KASHKA FAININFORMATION TECHNOLOGY · 35 hrs/week $186,338Base $159,286 · Other $27,052

KELLI RAINEYSR DIR, STUDENT SUCCESS INITIATIVES · 35 hrs/week $185,708Base $157,811 · Other $27,897

KENNETH REDDSR DIR, RESEARCH & POLICY ANALYSIS · 35 hrs/week $169,333Base $138,729 · Other $30,604

LINDSAY WAYTSR DIR, BUSINESS INTELLIGENCE · 35 hrs/week $163,837Base $139,520 · Other $24,317

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 (38)

KARA FREEMANPRESIDENT & CEO

TIMOTHY J MCDONOUGHSENIOR VP FOR STRATEGIC PARTNERSHIP

ELIZABETH CLARKVP, POLICY & RESEARCH

TADELETCH YIMAMVP, OPERATIONS & MEMBER ENGAGEMENT

SUSAN MENDITTOSENIOR DIRECTOR, ACCOUNTING POLICY

TIMOTHY ROBERSONVP, LEADERSHIP DEVELOPMENT

KASHKA FAININFORMATION TECHNOLOGY

KELLI RAINEYSR DIR, STUDENT SUCCESS INITIATIVES

KENNETH REDDSR DIR, RESEARCH & POLICY ANALYSIS

LINDSAY WAYTSR DIR, BUSINESS INTELLIGENCE

MICHAEL D VOLNADIRECTOR

LAURA HUBBARDACTING CHAIR & VICE CHAIR

NOEL A SLOANDIRECTOR

RAYSA LEE-GRAYDIRECTOR

ROBYN PENNIGTONDIRECTOR

ROMAYNE L BOTTIDIRECTOR

RUSS HANNAHIMMEDIATE PAST CHAIR

SARA F THORNDIKEDIRECTOR

SHANTAY BOLTONDIRECTOR

SHARI MAYERDIRECTOR

STEVEN MANDEVILLEDIRECTOR

TASHNI-ANN DUBROYBOARD VICE CHAIR (UNTIL 12/24)

MICHAEL CLUNEDIRECTOR

MARK VOLPATTIDIRECTOR

ANGELA BLANTONDIRECTOR (UNTIL 07/24)

KELLY FOXDIRECTOR (UNTIL 07/24)

JOSE C RODRIGUEZDIRECTOR

JOHN W CRAWFORDDIRECTOR (UNTIL 07/24)

JAMES S MATTEODIRECTOR

GUADALUPE VALENCIA-SKANESDIRECTOR

ELLEN HERBSTDIRECTOR

DEBBIE MULLERDIRECTOR

DAWN ALSTONDIRECTOR

DARRELL DUNCANSECRETARY

CLAIR KNAPPDIRECTOR (UNTIL 07/24)

CHOI HALLADAYDIRECTOR

BRETT SWEETDIRECTOR

BRAD BACADIRECTOR (UNTIL 07/24)

About this charity

Recognized since: January 1967
Location: 1110 VERMONT AVE NW STE 800, WASHINGTON, DC 20005-3593
County: District of Columbia
In care of: KARA D FREEMAN
Primary officer: KARA D FREEMAN, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 861-2500

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B)
IRS tax category: Education
Grant-giving organization: Yes