National Association of College and University Business Officers
National Association of College and University Business Officers reported $20.0 million in revenue and $17.9 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $79.85 went to program services, $15.24 to management and general costs and $4.91 to fundraising. Its largest source of revenue was contributions and grants: 56.9% of the total. The highest compensation it reported for one person was $637,963 (PRESIDENT & CEO). 22 people received more than $100,000 in reportable compensation. Revenue rose 19% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $18MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $20MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.9% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 56.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 30.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $637,963 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.57% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 22 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 22 of 23 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseConferences, workshops, and seminars:the nacubo annual meeting is the most important professional development event of the year for college and university business officers and their staff. The nacubo 2024 annual meeting took place in chicago, illinois. Session topics included: strategies for effective leadership and innovative approaches to business office challenges, strategic planning, understanding and navigating regulatory compliance in higher education, planning and budgeting in higher education, enterprise risk management, college athletics, managing organizational change, endowment…
Member services:universities - the association keeps members informed of federal actions, solicits member opinions and concerns, and advocates for the best interests of colleges and universities with congress and federal agencies. The associations representing various higher education constituencies. In addition, nacubo is the voice for higher education with the various bodies that set standards for accounting practices, such as the financial accounting standards board, the association of certified public accountants, and the U.S. General accounting office. Research - nacubo undertakes both…
Advocacy and policy:nacubo's advocacy and public policy team tracks federal legislative and regulatory activities that could impact member institutions and the students that they serve. The team's focus is to represent and serve the diverse needs of the college and university business office. Key activities include advocacy before legislators and staff, executive branch staff, and other policymakers as well as participation in advocacy coalitions. It also includes communicating policy and relevant higher education sector updates to nacubo members
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 35.00 hrs/week | $564,898 | $0 | $73,065 | $637,963 |
| SENIOR VP FOR STRATEGIC PARTNERSHIP Officer, 35.00 hrs/week | $307,864 | $0 | $75,674 | $383,538 |
| VP, POLICY & RESEARCH Officer, 35.00 hrs/week | $247,849 | $0 | $28,397 | $276,246 |
| VP, OPERATIONS & MEMBER ENGAGEMENT Officer, 35.00 hrs/week | $238,859 | $0 | $33,497 | $272,356 |
| SENIOR DIRECTOR, ACCOUNTING POLICY Highest compensated employee, 35.00 hrs/week | $192,634 | $0 | $40,226 | $232,860 |
| VP, LEADERSHIP DEVELOPMENT Officer, 35.00 hrs/week | $189,597 | $0 | $34,667 | $224,264 |
| INFORMATION TECHNOLOGY Highest compensated employee, 35.00 hrs/week | $159,286 | $0 | $27,052 | $186,338 |
| SR DIR, STUDENT SUCCESS INITIATIVES Highest compensated employee, 35.00 hrs/week | $157,811 | $0 | $27,897 | $185,708 |
22 people received more than $100,000 in reportable compensation from National Association of College and University Business Officers (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b23 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 557
- Volunteers Part I, line 622
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| TERRI DAUTCHER Consulting services | $151,588 |
| SOVA SOLUTIONS Consulting services | $149,660 |
| CAPITOL TAX PARTNERS Consulting services | $110,000 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from National Association of College and University Business Officers's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Association of College and University Business Officers, you can publish a response that is linked from this page.
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Of every $100 National Association of College and University Business Officers spent in FY2025, $79.85 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Tracy Learning CenterTracy, CA · revenue $20M · programs 89.9% · FY2025
- The Franklin AcademyWake Forest, NC · revenue $20M · programs 83.1% · FY2025
- Master & Fellows of PeterhouseUnited Kingdom, · revenue $20M · programs 91.5% · FY2025
- Franklin Towne Charter Elementary SchoolPhiladelphia, PA · revenue $20M · programs 75.1% · FY2025
- Florida Christian School of Dade CountyMiami, FL · revenue $20M · programs 82.5% · FY2025
All education charities · Largest charities in District of Columbia
Questions people ask
How much of National Association of College and University Business Officers's spending goes to programs?
In the fiscal year ending May 31, 2025, National Association of College and University Business Officers reported that 79.8% of its $17.9 million in expenses went to program services, 15.2% to management and general and 4.9% to fundraising (Form 990, Part IX).
How much does National Association of College and University Business Officers pay its top executive?
The largest total compensation National Association of College and University Business Officers reported for one person in the fiscal year ending May 31, 2025 was $637,963, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Association of College and University Business Officers get its money?
Of $20.0 million in revenue in the fiscal year ending May 31, 2025, 56.9% came from contributions and grants and 30.0% from program service revenue (Form 990, Part VIII).
Is National Association of College and University Business Officers a registered charity?
The IRS lists EIN 53-0259954 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202611039349300731 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202541019349300929 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202410889349300606 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202341079349302104 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202221089349301567 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111039349301216 · read the filing
All filings for EIN 53-0259954: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.