Association of Community College Business Officials
Nonprofit profile at a glance
- EIN
- 550799838
- IRS 990 coverage
- 2023–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Gastonia, NC, USA
- Phone
- 7048130570
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community or Junior Colleges
Reported finances
- Revenue
- $202,930
- Expenses
- $185,655
- Assets
- $187,040
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Elizabeth Thomas (President)
- Brian Bridgers (Vice President)
People named in this filing
- Elizabeth Thomas (President)
- Brian Bridgers (Vice President)
- Tracy Davis (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The North Carolina Association of Community College Business Officials NC ACCBO promotes the cooperative efforts professional ideals principles and standards of education business and financial administration; collects and disseminates information pertaining to the business administration and fiscal affairs of community college system institutions; provides the means through which community college business officials may express their views on matters involving fiscal and business affairs; and assists its members to effectively perform management functions. Membership in the NC ACCBO organization is open to each institution in the North Carolina Community College System and to members of the North Carolina Community College System Office. Our organization is also open to college vendors who are interested in supporting the North Carolina Community Colleges.
What it reported doing in 2025
The Community College Financial Institute CCFI provides specific training on accounting system management budget financial statement preparation capital project management financial aid Human Resources and basic business office functions relating all community colleges in the North Carolina Community College system. 170 employees attending CCFI training classes in 2023.
Operating model
- Revenue model
- Other-operating. 90% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 54
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.6%; rating input score 84
- Program expense ratio: 91.2%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.5%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: 19% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 83.6% of revenue deployed · 91.2% of spending went to programs
- Governance: 18 of 18 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $169K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 40 of 40 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.