Southern Association Of Independent Schools
- Assets
- $5.1m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 13
- Location
- Norcross, GA
- Founding
- 08/1990
- Data as of
- 12/2023
- EIN
- 62-1062837
Organization Overview
Southern Association Of Independent Schools is located in Norcross, GA. The organization was established in 1990. 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 12/2023, Southern Association Of Independent Schools employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Association Of Independent 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 12/2023, Southern Association Of Independent Schools generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PAGE 2 PART III
Describe the Organization's Program Activity:
PROFESSIONAL DEVELOPMENT: SAIS PROVIDES A VARIETY OF HIGH-QUALITY PROFESSIONAL DEVELOPMENT PROGRAMS, BOTH ONLINE AND IN PERSON, FOR OVER A DOZEN ROLES IN THE SCHOOL COMMUNITY, INCLUDING THE HEAD, BOARD, ADMINISTRATIVE TEAM, ACADEMIC LEADERS, SUPPORT STAFF, AND NEW TEACHERS. FROM CONTENT QUALITY TO THE CALIBER OF PRESENTERS, SAIS CAREFULLY CRAFTS PROGRAMS TO PROVIDE EXCEPTIONAL VALUE, NETWORKING, AND GROWTH OPPORTUNITIES. SCHOOL LEADERS ARE FURTHER SUPPORTED BY A PLETHORA OF ON-DEMAND RESOURCES ON AN ARRAY OF TOPICS.
OTHER PROGRAM SERVICES INCLUDES INCOME FROM SURVEYS, SOFTWARE SUBSCRIPTIONS, CAREER CENTER, AND OTHER MISCELLANEOUS ACTIVITIES.
ACCREDITATION: ACCREDITATION IS A VOLUNTARY PROCESS OF SELF-EVALUATION AND CONTINUOUS IMPROVEMENT THAT REFLECTS COMPLIANCE WITH REQUIRED STANDARDS/INDICATORS, INVOLVES A SELF-STUDY, AND INCLUDES A PEER REVIEW BY EDUCATORS FROM OTHER SCHOOLS. SAIS ACCREDITATION IS DESIGNED SPECIFICALLY FOR INDEPENDENT SCHOOLS. THE PROCESS RESPECTS AND RECOGNIZES EACH SCHOOL'S STORY, CULTURE, HISTORY, MISSION, AND GOALS, WHILE STILL FULFILLING STRINGENT AND FOCUSED COMPLIANCE REQUIREMENTS.
MEMBERSHIP: SAIS IS A MEMBERSHIP ORGANIZATION OF OVER 395 INDEPENDENT K-12 SCHOOLS, REPRESENTING OVER 240,000 STUDENTS. SAIS STRENGTHENS MEMBER SCHOOLS BY PROVIDING HIGH-QUALITY ACCREDITATION PROCESSES, COMPREHENSIVE PROFESSIONAL GROWTH OPPORTUNITIES, AND VISIONARY LEADERSHIP DEVELOPMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Westerfield Chair | OfficerTrustee | 0.75 | $0 |
Mark Reed Past Chair | OfficerTrustee | 0.75 | $0 |
Dubose Egleston Vice Chair | OfficerTrustee | 0.75 | $0 |
Palmer Kennedy Treasurer | OfficerTrustee | 0.75 | $0 |
Autumn Graves Secretary | OfficerTrustee | 0.75 | $0 |
Cobb Atkinson Trustee | Trustee | 0.5 | $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 | $3,203,901 |
| Investment income | $149,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$46,499 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,306,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,472 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $463,671 |
| Compensation of current officers, directors, key employees. | $162,285 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $760,524 |
| Pension plan accruals and contributions | $33,869 |
| Other employee benefits | $77,868 |
| Payroll taxes | $81,265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97,279 |
| Fees for services: Accounting | $10,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,233 |
| Fees for services: Other | $65,325 |
| Advertising and promotion | $0 |
| Office expenses | $28,903 |
| Information technology | $125,058 |
| Royalties | $0 |
| Occupancy | $9,828 |
| Travel | $65,751 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $803,990 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,684 |
| Insurance | $7,707 |
| All other expenses | $14,736 |
| Total functional expenses | $2,990,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $453,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $71,839 |
| 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 | $89,897 |
| Net Land, buildings, and equipment | $56,577 |
| Investments—publicly traded securities | $4,452,009 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,124,237 |
| Accounts payable and accrued expenses | $126,417 |
| Grants payable | $0 |
| Deferred revenue | $1,267,905 |
| 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 | $1,394,322 |
| Net assets without donor restrictions | $3,694,067 |
| Net assets with donor restrictions | $35,848 |
| 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 | $5,124,237 |
Grants Awarded
Over the last fiscal year, Southern Association Of Independent Schools has awarded $50,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST GEORGES INDEPENDENT SCHOOL PURPOSE: EDUCATION | $6,000 |
GRANTS UNDER 5000 | | | $19,000 |
ST GEORGES INDEPENDENT SCHOOL PURPOSE: EDUCATION | $6,000 |
GRANTS UNDER 5000 | | | $19,000 |