Civic Intelligence

Michigan School Business Officials

EIN 38-2382144 • 501(c)3 • Lansing, MI

Profile

The mission of msbo is to continually improve the leadership of and management in school business and operational services, while enhancing the professional, social, and economic well-being of its members.

1001 CENTENNIAL WAY No 200Lansing, MI 48917

www.msbo.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.03x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

24th percentile

0.06x

Higher debt load relative to revenue than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

75th percentile

21%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$339,330

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

52nd percentile

8.1%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$9,510,049

Up $1,412,554 (+17%) from 2023

Liabilities

Down

$344,445

Down $214,118 (-38%) from 2023

Net Assets

Up

$9,165,604

Up $1,626,672 (+22%) from 2023

Revenue

Up

$5,372,756

Up $407,013 (+8.2%) from 2023

Expenses

Up

$3,717,947

Up $64,408 (+1.8%) from 2023

Net Income

Up

$1,654,809

Up $342,605 (+26%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $3,168,469Liabilities 2010: $168,663Net Assets 2010: $2,999,8062010Assets 2011: $3,359,786Liabilities 2011: $165,640Net Assets 2011: $3,194,1462011Assets 2012: $3,381,358Liabilities 2012: $198,724Net Assets 2012: $3,182,6342012Assets 2013: $3,530,938Liabilities 2013: $219,905Net Assets 2013: $3,311,0332013Assets 2014: $3,765,568Liabilities 2014: $238,729Net Assets 2014: $3,526,8392014Assets 2015: $4,011,540Liabilities 2015: $295,826Net Assets 2015: $3,715,7142015Assets 2016: $4,458,279Liabilities 2016: $307,681Net Assets 2016: $4,150,5982016Assets 2017: $5,136,260Liabilities 2017: $567,093Net Assets 2017: $4,569,1672017Assets 2018: $5,515,762Liabilities 2018: $581,806Net Assets 2018: $4,933,9562018Assets 2019: $5,992,186Liabilities 2019: $481,867Net Assets 2019: $5,510,3192019Assets 2020: $6,633,909Liabilities 2020: $1,109,799Net Assets 2020: $5,524,1102020Assets 2021: $6,916,879Liabilities 2021: $942,087Net Assets 2021: $5,974,7922021Assets 2022: $6,946,141Liabilities 2022: $695,053Net Assets 2022: $6,251,0882022Assets 2023: $8,097,495Liabilities 2023: $558,563Net Assets 2023: $7,538,9322023Assets 2024: $9,510,049Liabilities 2024: $344,445Net Assets 2024: $9,165,6042024

Highlighted filing

2024

Assets$9,510,049
Liabilities$344,445
Net Assets$9,165,604

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $2,168,8512010Revenue 2011: $2,382,278Expenses 2011: $2,177,967Net Income 2011: $204,3112011Expenses 2012: $2,241,0502012Revenue 2013: $2,346,213Expenses 2013: $2,197,734Net Income 2013: $148,4792013Revenue 2014: $2,422,816Expenses 2014: $2,210,004Net Income 2014: $212,8122014Revenue 2015: $2,538,475Expenses 2015: $2,338,764Net Income 2015: $199,7112015Revenue 2016: $2,797,380Expenses 2016: $2,311,571Net Income 2016: $485,8092016Revenue 2017: $2,996,867Expenses 2017: $2,501,097Net Income 2017: $495,7702017Revenue 2018: $3,195,437Expenses 2018: $2,796,582Net Income 2018: $398,8552018Revenue 2019: $3,529,585Expenses 2019: $2,928,535Net Income 2019: $601,0502019Revenue 2020: $2,566,985Expenses 2020: $2,528,507Net Income 2020: $38,4782020Revenue 2021: $2,854,107Expenses 2021: $2,377,080Net Income 2021: $477,0272021Revenue 2022: $3,435,657Expenses 2022: $3,132,465Net Income 2022: $303,1922022Revenue 2023: $4,965,743Expenses 2023: $3,653,539Net Income 2023: $1,312,2042023Revenue 2024: $5,372,756Expenses 2024: $3,717,947Net Income 2024: $1,654,8092024

Highlighted filing

2024

Revenue$5,372,756
Expenses$3,717,947
Net Income$1,654,809

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.51$0.34$9.17$5.37$3.72$1.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$0.56$7.54$4.97$3.65$1.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.95$0.70$6.25$3.44$3.13$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.92$0.94$5.97$2.85$2.38$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$1.11$5.52$2.57$2.53$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.99$0.48$5.51$3.53$2.93$0.60
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.52$0.58$4.93$3.20$2.80$0.40
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$0.57$4.57$3.00$2.50$0.50
2016Detailed filing. Detailed filing data is available for this year.$4.46$0.31$4.15$2.80$2.31$0.49
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$0.30$3.72$2.54$2.34$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.77$0.24$3.53$2.42$2.21$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.53$0.22$3.31$2.35$2.20$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.20$3.18$2.24
2011Summary only. Only limited summary data is available for this year.$3.36$0.17$3.19$2.38$2.18$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.17$3.00$2.17
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 19, 2017
Return Version
2016v3.0
Gross Receipts
$2,996,867
Mission and Program Overview

Mission

The mission of msbo is to continually improve the leadership and management in school business and operational services, while enhancing the professional, social, and economic well-being of its members.

The mission of msbo is to continually improve the leadership of and management in school business and operational services, while enhancing the professional, social, and economic well-being of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,150,563$3,883,124▲ $732,561
Investments Other Securities$787,671$713,284▼ $74,387
Accounts Receivable$153,132$223,277▲ $70,145
Cash and Non-Interest-Bearing Accounts$262,365$188,845▼ $73,520
Land, Buildings, and Equipment, Net$49,899$71,770▲ $21,871
Prepaid Expenses and Deferred Charges$54,649$55,960▲ $1,311
Total Assets$4,458,279$5,136,260▲ $677,981
Liabilities
Accounts Payable and Accrued Expenses$156,469$409,481▲ $253,012
Deferred Revenue$151,212$157,612▲ $6,400
Total Liabilities$307,681$567,093▲ $259,412
Net Assets / Fund Balance
Unrestricted Net Assets$4,150,598$4,569,167▲ $418,569
Total Net Assets Fund Balance$4,150,598$4,569,167▲ $418,569
Total Liabilities and Net Assets / Fund Balance$4,458,279$5,136,260▲ $677,981

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,379$222,137$259,516
Other Land Buildings$34,391$54,538$88,929
Other Securities$710,784--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David MartellExecutive DirectorFT$177,328$91,866$269,194
Robert DwanAssoc. Executive DirectorFT$132,056$59,852$191,908
Scott LittleAssoc. Executive DirectorFT$114,286$52,905$167,191

Board Members and Trustees

NameTitle
Cheryl Wald - Thru May 4 2017Immediate Past President
Tamera PowersImmediate Past President
Steve EzikianPresident
Bill ChatfieldDirector
Deanna MayerDirector
Diane M BlockDirector
Julie Omer - as of May 5 2017Director
Kent J CartwrightDirector
Mike HagertyDirector
Tom ArmstrongDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$231,918
Program Service Revenue
$2,113,986
Investment Income
$32,999
Other Revenue
$617,964
All Other Contributions
$231,918
Change in Net Assets
$495,770

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,987,084
Revenue Not Reported on Financial Statements
$9,783
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$9,783
Total Revenue per Audited Statements
$2,987,084
Total Revenue per Form 990
$2,996,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,474,446
Other Expenses$1,026,651
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$657,710$164,427-$822,137
Conferences and Meetings$588,238--$588,238
Other Employee Benefits$280,156$70,039-$350,195
Current Officers, Directors, Trustees, and Key Employees$212,563$53,141-$265,704
Fees for Services Other-$147,443-$147,443
Office Expenses-$106,854-$106,854
Depreciation Depletion-$37,609-$37,609
Payroll Taxes$29,128$7,282-$36,410
Occupancy-$33,248-$33,248
Fees for Services Legal-$17,393-$17,393
All Other Expenses-$15,961-$15,961
Travel$12,076$3,627-$15,703
Insurance-$15,093-$15,093
Fees for Services Accounting-$14,700-$14,700
Other Expenses$3,039$31,370-$3,039
Total Functional Expenses$1,782,910$718,187$0$2,501,097

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,501,097
Total Expenses per Form 990$2,501,097
Total Expenses per Audited Statements$2,491,314
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-9,783
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

This organization has different types of membership. Active members are school district employees, associate members are businesses and there are also emeritus members.

Form 990, Part VI, Section A, line 7A

Active members (school district employees) each have the right to a vote for the board of directors - associate (businesses) and emeritus members have no voting rights.

Form 990, Part VI, Section A, line 7B

Dues increases must be approved by the membership if it's larger than the limit set for each year.

Form 990, Part VI, Section A, line 8B

The organization does not have any committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11B

A copy of form 990 is sent to all members on the board for review as well as reviewed by the executive director and accountant before filing.

Form 990, Part VI, Section B, line 12C

Officers, directors and key employees are covered under the conflict of interest policy. It is the responsibility of the president to inform board members of potential or existing conflicts of interest. The board will monitor and enforce compliance with the policy requiring officers, directors and key employees to annually certify in writing any potential conflicts of interest. If there is a potential conflict, the president will share the information with the board. The board member with the conflict would then abstain from voting if appropriate.

Form 990, Part VI, Section B, line 15

In 2008, a salary survey was conducted for all employees comparing salaries to others in the same industry. Also executive director's salary is compared to other educational associations executive director salaries and to similar organizations 990 information annually. Executive director's salary is reviewed and approved by board of directors annually.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Michigan School Business Officials
EIN
38-2382144
Phone
5173272580
Address
1001 CENTENNIAL WAY No 200, LANSING, MI 48917

Signing Officer

Name
David Martell
Title
Executive Director
Phone
5173272580
Signed
2017-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Martell
Formed
1937
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
13
Volunteers
270

Preparer

Firm
Plante & Moran Pllc
Address
4444 W Bristol Road Suite 360, Flint, MI 48507
Preparer
Paul Bryant CPA
Phone
8107675350
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Loss on investment in melg -24,682. Loss on investment in miem -52,519.

Financial Statement Notes

Part X, Line 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the association and has concluded that as of june 30, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

Part XI, Line 4B - Other Adjustments:

Contributions included in expenses 9,783.

Part XII, Line 2D - Other Adjustments:

Contributions included in expenses -9,783.

Raw XML AppendixShowing 400 of 637 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0156469
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0409481
IRS990/AccountsReceivableGrp/BOYAmt0153132
IRS990/AccountsReceivableGrp/EOYAmt0223277
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF MSBO IS TO CONTINUALLY IMPROVE THE LEADERSHIP OF AND MANAGEMENT IN SCHOOL BUSINESS AND OPERATIONAL SERVICES, WHILE ENHANCING THE PROFESSIONAL, SOCIAL, AND ECONOMIC WELL-BEING OF ITS MEMBERS.
IRS990/AllOtherContributionsAmt0231918
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt015961
IRS990/AllOtherExpensesGrp/TotalAmt015961
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID MARTELL
IRS990/BooksInCareOfDetail/PhoneNum05173272580
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01001 CENTENNIAL WAY No 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0LANSING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048917
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IRS990/BusinessRlnWithOfficerEntInd00
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IRS990/CashNonInterestBearingGrp/EOYAmt0188845
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IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt053141
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0212563
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0265704
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
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IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
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IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherExpensesAmt01026651
IRS990/CYOtherRevenueAmt0617964
IRS990/CYProgramServiceRevenueAmt02113986
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IRS990/CYTotalExpensesAmt02501097
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02996867
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
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IRS990/DeferredRevenueGrp/EOYAmt0157612
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt037609
IRS990/DepreciationDepletionGrp/TotalAmt037609
IRS990/Desc0MSBO ANNUAL STATE CONFERENCES HELD FOR MICHIGAN SCHOOL BUSINESS OFFICIALS (MEMBERS & NONMEMBERS) AND MICHIGAN BUSINESSES. WORKSHOPS AND VENDORS ARE SPONSORED.
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm3DIANE M BLOCK
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IRS990/Form990PartVIISectionAGrp/PersonNm9JULIE OMER - AS OF MAY 5 2017
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID MARTELL
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT DWAN
IRS990/Form990PartVIISectionAGrp/PersonNm12SCOTT LITTLE
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IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSOC. EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSOC. EXECUTIVE DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0MSBO NEWSLETTER AND DIRECTORY (1 ANNUAL DIRECTORY AND 9 MONTHLY NEWSLETTERS) AND SCHOOL FINANCE REFERENCE MANUAL.
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN MIEM
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN MELG

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