Association Of Boarding Schools
- Assets
- $2.2m
- Revenue
- $3.3m
- Investments
- $495.5k
- Employees
- 13
- Location
- Asheville, NC
- Founding
- 10/2000
- Data as of
- 06/2022
- EIN
- 52-2206491
Organization Overview
Association Of Boarding Schools is located in Asheville, NC. The organization was established in 2000. 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 06/2022, Association Of Boarding Schools employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Boarding Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Association Of Boarding Schools generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING AWARENESS OF BOARDING SCHOOLS.
Describe the Organization's Program Activity:
THE ASSOCIATION OF BOARDING SCHOOLS ("TABS") PROVIDED A VARIETY OF MARKETING SUPPORT FOR MEMBER SCHOOLS IN ITS EFFORTS TO REACH FAMILIES CONSIDERING BOARDING SCHOOLS. TO THIS END, THE ORGANIZATION MAINTAINS A WEBSITE, BOARDINGSCHOOLS.COM, WHICH IS THE ESSENTIAL ONLINE RESOURCE FOR INFORMATION ABOUT BOARDING SCHOOLS AND BOARDING SCHOOL LIFE, WITH EXCLUSIVE VIDEO CONTENT, NARRATIVE INSIGHTS ON BOARDING SCHOOLS AND WHAT TO EXPECT, AND GUIDANCE ON SCHOOL SELECTION AND THE APPLICATION PROCESS FOR BOTH PARENTS AND STUDENTS. THE WEBSITE ALSO FEATURES A SCHOOL BROWSER THAT ALLOWS VISITORS TO CONDUCT CUSTOM SEARCHES OF BOARDING SCHOOLS BY GEOGRAPHIC DISTANCE, LEAST TO MOST POPULOUS, GENDER RATIO, AND OLDEST TO NEWEST. AN ADDITIONAL GUIDED SEARCH FEATURE ALLOWS USERS TO TARGET MORE CRITERIA SUCH AS COURSES, ARTS, AND ATHLETIC INTERESTS, AND AN ONLINE LIBRARY FEATURES A VARIETY OF RELEVANT RESEARCH AND TIMELY NEWS RELATED TO TABS AND THE BOARDING SCHOOL COMMUNITY.
INTERNATIONAL PROGRAMS
THE ORGANIZATION HOSTS A 3-DAY GLOBAL SYMPOSIUM FOCUSING ON THE INTERNATIONALIZATION OF CURRICULUM AND THE BOARDING COMMUNITY. OTHER WORKSHOPS INCLUDE THE 3-DAY "SCHOOL IN THE BALANCE - RISK MANAGEMENT" FOR BOARDING SCHOOL ADMINISTRATORS, A 3-DAY "THIS IS THE LIFE" BOOT CAMP TO HELP ORIENT BOARDING SCHOOL FACULTY, ADMINISTRATORS, AND STAFF TO THE BOARDING SCHOOL WORKPLACE AND ENVIRONMENT, A 3-DAY "NEW TEACHER ACADEMY", A PRACTICAL HANDS-ON ACADEMY DESIGNED FOR NEW TEACHERS AND THOSE NEW TO BOARDING, TWO COMPREHENSIVE 3-DAY RESIDENTIAL LIFE WORKSHOPS (SUMMER AND WINTER), AND A 3-DAY ADMISSION ACADEMY FOR THOSE NEW TO THE ADMISSION DEPARTMENTS.
THE ANNUAL CONFERENCE CONTINUES TO BE THE SINGULAR EDUCATION EVENT FOCUSING EXCLUSIVELY ON THE NEEDS OF BOARDING SCHOOLS ADMINISTRATORS, ADDRESSING LEADERSHIP, ENROLLMENT MANAGEMENT, RESIDENTIAL LIFE PROGRAMMING AND SUPERVISION, ACADEMIC ADMINISTRATION, AND OTHER SELECTED AREAS. THE CONFERENCE OFFERED AN ENVIRONMENT TO LEARN BEST PRACTICES IN FORMAL SETIINGS THROUGH WORKSHOPS, CONCURRENT SESSIONS, AND NATIONALLY RENOWNED KEYNOTE SPEAKERS, AND INFORMALLY THROUGH RECEPTIONS, LUNCHEONS, AND BREAKS, ADDRESSING ISSUES AFFECTING BOARDING SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Upham Executive Director | OfficerTrustee | 40 | $277,165 |
Brett Fuhrman Vp, Finance & Operations (from 8/2020) | Officer | 40 | $175,059 |
Emily Breite Sr. Vp, Member Learning & Engagement | 40 | $167,650 | |
Anne Lundahl VP Of Brand Communications | 40 | $139,775 | |
Sheila Mitchell VP Of Market Growth/deputy Managing Directory Of N | 40 | $135,415 | |
Daniel Gentle Director Of Member Relations & Association Advance | 40 | $108,560 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marriott International Conference Services | 6/29/22 | $182,726 |
St John & Partners Advertising And Publ Advertising | 6/29/22 | $169,395 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $541,111 |
| 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 | $541,111 |
| Total Program Service Revenue | $2,558,872 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$695 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,305,157 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,600 |
| 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. | $579,254 |
| Compensation of current officers, directors, key employees. | $208,781 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $937,780 |
| Pension plan accruals and contributions | $51,467 |
| Other employee benefits | $131,859 |
| Payroll taxes | $93,586 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,793 |
| Fees for services: Accounting | $33,882 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $332,052 |
| Advertising and promotion | $187,726 |
| Office expenses | $65,642 |
| Information technology | $142,632 |
| Royalties | $0 |
| Occupancy | $50,241 |
| Travel | $56,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $147,025 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,300 |
| Insurance | $15,533 |
| All other expenses | $13,779 |
| Total functional expenses | $2,960,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,597,602 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,989 |
| 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 | $90,815 |
| Net Land, buildings, and equipment | $6,020 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $495,543 |
| Investments—program-related | $0 |
| Intangible assets | $27,563 |
| Other assets | $4,202 |
| Total assets | $2,223,734 |
| Accounts payable and accrued expenses | $60,714 |
| Grants payable | $0 |
| Deferred revenue | $1,326,334 |
| 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 | $0 |
| Total liabilities | $1,387,048 |
| Net assets without donor restrictions | $836,686 |
| 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 | $2,223,734 |