Iowa Association Of School Boards
- Assets
- $6.3m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 24
- Location
- Des Moines, IA
- Founding
- 12/1951
- Data as of
- 06/2023
- EIN
- 42-0703904
Organization Overview
Iowa Association Of School Boards is located in Des Moines, IA. The organization was established in 1951. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2023, Iowa Association Of School Boards employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Association Of School Boards is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Iowa Association Of School Boards generated $4.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE, SUPPORT AND CHALLENGE PUBLIC SCHOOL BOARD MEMBERS IN THEIR PURSUIT OF WORLD-CLASS EDUCATION FOR ALL STUDENTS IN IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES INCLUDING: EDUCATIONAL WEBINARS, GRASSROOTS ADVOCACY, INFORMATIONAL BROCHURES, LABOR RELATIONS, LEGAL AND LEGISLATIVE INFORMATION, AND SCHOOL FINANCE SUPPORT.
INCLUDES IOWA SCHOOL JOINT INVESTMENT TRUST (ISJIT), IOWA SCHOOLS EMPLOYEE BENEFIT ASSOCIATION (ISEBA),THE SAFETY GROUP INSURANCE PROGRAM, THE IOWA DRUG & ALCOHOL TESTING PROGRAM (IDAPT), THE IOWA CONSTRUCTION ADVOCATE TEAM (ICAT), FRONTLINE ANALYTICS, SIMBLI, THE EMPLOYEE BACKGROUND INVESTIGATION SERVICE AND OTHER PROGRAMS BENEFICIAL TO IASB MEMBERS.
ANNUAL CONVENTION AND CONFERENCES TO TRAIN MEMBERS ON VARIOUS SUBJECTS PERTAINING TO SCHOOL BOARD LEADERSHIP, SCHOOL DISTRICT MANAGEMENT, AND OTHER EDUCATIONAL RESPONSIBILITIES.
CONSULTING SERVICES AND WORKSHOPS TO ASSIST SCHOOL BOARDS IN POLICY DEVELOPMENT, BOARD GOVERNANCE, BUDGETING, AND STRATEGIC PLANNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Brennan President | OfficerTrustee | 2 | $0 |
Jesse Howard President Elect | OfficerTrustee | 2 | $0 |
Jim Green Past President | OfficerTrustee | 2 | $0 |
Roger Shaffer Treasurer | OfficerTrustee | 2 | $0 |
Kyle Grimes End Jan Director District 1 | Trustee | 1 | $0 |
Jarod Work Beg Jan Director District 1 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,301,956 |
| Investment income | $57,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,446,423 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $411,188 |
| Compensation of current officers, directors, key employees. | $205,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,595,079 |
| Pension plan accruals and contributions | $93,028 |
| Other employee benefits | $171,086 |
| Payroll taxes | $152,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,551 |
| Fees for services: Accounting | $24,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,091 |
| Advertising and promotion | $0 |
| Office expenses | $76,454 |
| Information technology | $98,802 |
| Royalties | $0 |
| Occupancy | $135,279 |
| Travel | $132,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $251,308 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,883 |
| Insurance | $34,119 |
| All other expenses | $2,000 |
| Total functional expenses | $3,580,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,800,772 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $519,552 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $88,483 |
| Net Land, buildings, and equipment | $63,054 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $792,591 |
| Total assets | $6,264,452 |
| Accounts payable and accrued expenses | $8,411 |
| Grants payable | $0 |
| Deferred revenue | $323,491 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $15,853 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $871,552 |
| Total liabilities | $1,219,307 |
| Net assets without donor restrictions | $5,045,145 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,264,452 |