Kentucky School Boards Association
- Assets
- $5.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 34
- Location
- Frankfort, KY
- Founding
- 07/1959
- Data as of
- 06/2022
- EIN
- 61-0549868
Organization Overview
Kentucky School Boards Association is located in Frankfort, KY. The organization was established in 1959. 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, Kentucky School Boards Association employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky School Boards Association 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 06/2022, Kentucky School Boards Association generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KSBA SUPPORTS LOCAL SCHOOL BOARD MEMBERS THROUGH TRAINING, LEGISLATIVE ADVOCACY, COMMUNICATIONS SERVICES, LEGAL RESOURCES, POLICY CONSULTATION AND SEVERAL SPECIALIZED DISTRICT SERVICES. THE ASSOCIATION PROMOTES THE INTERCHANGE OF INFORMATION BETWEEN DISTRICTS AND COLLEGIALITY AMONG SCHOOL BOARD MEMBERS AND DISTRICT LEADERS STATEWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFORMATIONAL, EDUCATIONAL AND FUNCTIONAL SERVICES, AND PUBLIC ADVOCACY FOR ALL KENTUCKY PUBLIC SCHOOL BOARDS OF EDUCATION, THEIR ADMINISTRATIVE STAFF, AND LEGAL COUNSEL. DURING THE 2021-22 FISCAL YEAR, KSBA'S POLICY SERVICE PREPARED 7,162 INDIVIDUALIZED POLICY AND PROCEDURAL CHANGES FOR KENTUCKY SCHOOL DISTRICTS STEMMING FROM CHANGES TO STATE AND FEDERAL LAWS. ADDITIONALLY, TRAINING OFFERED TO MEMBERS VIA CONFERENCES, WEBINARS, IN-DISTRICT TRAINING, AND SELF-STUDY RESULTED IN 10,300 TO 11,300 TRAINING HOURS EARNED BY SCHOOL BOARD MEMBERS THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hannah Barnes Director | Trustee | 2 | $0 |
Jeanne Berger Director | Trustee | 2 | $0 |
Diane Berry Director | Trustee | 2 | $0 |
Chris Cook Director | Trustee | 2 | $0 |
Andrew Cline Director | Trustee | 2 | $0 |
Scott Davison Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Infohandlercom Software Consultant | 6/29/21 | $318,941 |
Compuclaim Software Consultant | 6/29/21 | $270,230 |
Kizan Technologies Llc Software Developer | 6/29/21 | $555,048 |
Galt House Hotel & Suites Conference Venue | 6/29/21 | $137,448 |
Rc Lyon & Company Llc Construction Contractor | 6/29/21 | $101,460 |
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 | $3,411,498 |
| Investment income | $56,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $220,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,156 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,195,648 |
| 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. | $346,173 |
| Compensation of current officers, directors, key employees. | $346,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,429,959 |
| Pension plan accruals and contributions | $193,294 |
| Other employee benefits | $108,056 |
| Payroll taxes | $132,422 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,383 |
| Fees for services: Accounting | $33,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,994 |
| Advertising and promotion | $188 |
| Office expenses | $159,476 |
| Information technology | $171,435 |
| Royalties | $0 |
| Occupancy | $68,152 |
| Travel | $40,312 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275,786 |
| Interest | $0 |
| Payments to affiliates | $57,052 |
| Depreciation, depletion, and amortization | $143,087 |
| Insurance | $65,160 |
| All other expenses | $23,753 |
| Total functional expenses | $3,690,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $468,724 |
| Savings and temporary cash investments | $21,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $623,471 |
| 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 | $158,817 |
| Net Land, buildings, and equipment | $1,209,158 |
| Investments—publicly traded securities | $2,798,180 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,236 |
| Other assets | $11,349 |
| Total assets | $5,301,450 |
| Accounts payable and accrued expenses | $350,656 |
| Grants payable | $0 |
| Deferred revenue | $88,097 |
| 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 | $438,753 |
| Net assets without donor restrictions | $4,862,697 |
| 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 | $5,301,450 |