Washington, D.C. · Nonprofit
NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS
NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (Washington, D.C.) receives grants from 7 organizations whose IRS filings report $5,039,932 to it, the largest being ASCENDIUM EDUCATION SOLUTIONS INC ($4,537,371). 2 of them have funded it in more than one year.
- Revenue FY2025
- $20M
- Funders on record
- 7
- Grants received
- $5.0M
- Net assets
- $22M
What National Association of College and University Business Officers does
Mission
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.nacubo's 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.
As stated on its FY2025 Form 990.
Programs
Conferences, 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 management, and many other technical, managerial, and leadership issues.in addition to the annual meeting, nacubo creates and delivers a broad range of programs, services, and products that are designed to strengthen the abilities and knowledge of campus administrators at all levels. Nacubo developed a variety of online workshops, webinars, and other materials covering topics in the fields of accounting, higher education finance, leadership and management, tax, student financial services, campus operations, and technology. Nacubo is registered with the national association of state boards of…
$5,327,776 spentof which $119,100 as grants$4,306,627 earned by the program37% of program spendingMember 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 on-going longitudinal studies important to the higher education industry such as the association's annual study of college and university endowments and short surveys or research on specific issues of concern.grants - nacubo received funding for a grant to serve its members and develop strategic finance models that prioritize and sustain student equity, success, and completion initiatives. During the three-year grant, nacubo will facilitate the creation of frameworks, tools, and models that can move institutions towards sustainable, institution-wide financial and operational activities that…
$4,190,090 spent29% of program spendingAdvocacy 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.
$2,834,478 spent20% of program spendingConsulting:nacubo consulting provides practical guidance to higher education institutions. Our aim is to be an institution's partner in practice. Nacubo consultants bring expertise, experience, and leadership abilities to every engagement seeking to support institutions in critical areas. All of the consulting engagements are customized with defined scopes of work to support member's work through complex problems or improve operations.
$1,792,319 spent$1,526,689 earned by the program13% of program spendingPublications and other products:National Association of College and University Business Officers remains a source of professional information for members. National Association of College and University Business Officers sells approximately 12 publication titles.
$118,297 spent$158,669 earned by the program1% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,262,960.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $21M to $27M (+25%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 6% · 2023 6%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kara Freeman
President & CEO
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $23k → $1.0M.
1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS leans on a few funders — its largest provides 90% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 73% · 2023 95% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS draws 100% of its grant income from funders outside Washington, D.C., across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $18k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6k on record.
- ASSOC DUES AND CONF FEES$6k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS?
- NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (Washington, D.C.) receives grants from 7 organizations whose IRS filings report $5,039,932 to it, the largest being ASCENDIUM EDUCATION SOLUTIONS INC ($4,537,371). 2 of them have funded it in more than one year.
- How many funders does NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS have?
- IRS filings report 7 organizations giving $5,039,932 in grants to NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, 2 of which have funded it in more than one year.
- Who is the largest funder of NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS?
- ASCENDIUM EDUCATION SOLUTIONS INC is the largest funder on record, with $4,537,371 in grants. The full list of funders is on this page.
- How can an organization like NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing