Nebraska Assn Of School Boards
- Assets
- $3.8m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 27
- Location
- Lincoln, NE
- Founding
- 03/1957
- Data as of
- 03/2024
- EIN
- 47-0408744
Organization Overview
Nebraska Assn Of School Boards is located in Lincoln, NE. The organization was established in 1957. 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 03/2024, Nebraska Assn Of School Boards employed 27 individuals. This organization is the central organization for a national or regional group of organizations. Nebraska Assn Of School Boards is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 03/2024, Nebraska Assn Of School Boards generated $3.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $3.3m during the year ending 03/2024. While expenses have increased by 5.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE PUBLIC EDUCATION IN NEBRASKA BY SUPPORTING NEBRASKA SCHOOL BOARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NASB REPRESENTS 260 SCHOOL DISTRICTS AND EDUCATIONAL SERVICE UNITS ACROSS THE STATE OF NEBRASKA. AS A MEMBER-DRIVEN ASSOCIATION NASB STRIVES TO ADVANCE THE SERVICES AND PROGRAMS NECESSARY TO SUPPORT A BOARD'S EFFECTIVE LEADERSHIP AND GOVERNANCE ROLE.NASB ADVOCATES FOR ITS MEMBERS AT THE LEGISLATIVE LEVEL BY PROACTIVELY INITIATING AND SUPPORTING LEGISLATIVE ISSUES THAT IMPACT NEBRASKA PUBLIC EDUCATION.NASB OFFERS A VARIETY OF EDUCATIONAL OPPORTUNITIES FOR BOARD MEMBERS. WORKSHOPS, CONFERENCES, AND LOCAL BOARD TRAINING TO ADDRESS IMPORTANT ISSUES, SUPPORT BEST PRACTICES AND STRENGTHEN EFFECTIVE BOARD GOVERNANCE.NASB PROVIDES FEE-BASED SERVICES INCLUDING, BUT NOT LIMITED TO SUPERINTENDENT SEARCH SERVICES, POLICY SERVICES, EMEETING, AND NEGOTIATION SOFTWARE PROGRAMS. TO ENSURE A BOARD'S FISCAL RESPONSIBILITY, MEMBERS REALIZE COST SAVING BENEFITS THROUGH PARTICIPATION IN ALICAP INSURANCE, NEBRASKA LIQUID ASSET FUND, NEGOTIATION AND INFORMATION TECHNOLOGY NETWORK (NITN), AND NJUMP/CJUMP WITH NEW AND PURPOSE DRIVEN PROGRAMS UNDERWAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Burry Past President | OfficerTrustee | 2 | $0 |
Stacy Jolley President Elect | OfficerTrustee | 2 | $0 |
Sandy Noffsinger President | OfficerTrustee | 2 | $0 |
Brad Wilkins Vice President | OfficerTrustee | 2 | $0 |
Tracy Casady Director | Trustee | 1 | $0 |
Sarah Centineo Director | 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 | $19,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,125 |
| Total Program Service Revenue | $3,055,601 |
| Investment income | $50,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $324,854 |
| Net Rental Income | $11,190 |
| 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 | $3,474,154 |
| 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. | $225,653 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,470,024 |
| Pension plan accruals and contributions | $151,658 |
| Other employee benefits | $163,967 |
| Payroll taxes | $129,522 |
| Fees for services: Management | $130,100 |
| Fees for services: Legal | $4,637 |
| Fees for services: Accounting | $15,899 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $49,796 |
| Advertising and promotion | $10,474 |
| Office expenses | $12,282 |
| Information technology | $75,856 |
| Royalties | $0 |
| Occupancy | $103,344 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $269 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $136,779 |
| Insurance | $28,254 |
| All other expenses | $30,628 |
| Total functional expenses | $3,308,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $924,579 |
| Savings and temporary cash investments | $1,139,459 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,953 |
| 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 | $8,483 |
| Net Land, buildings, and equipment | $1,311,304 |
| Investments—publicly traded securities | $65,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $230,376 |
| Total assets | $3,793,012 |
| Accounts payable and accrued expenses | $318,325 |
| Grants payable | $0 |
| Deferred revenue | $1,107,785 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $22,505 |
| Total liabilities | $1,448,615 |
| Net assets without donor restrictions | $2,344,397 |
| 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 | $3,793,012 |