Arkansas School Boards Association
- Assets
- $6.1m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 21
- Location
- Little Rock, AR
- Founding
- 08/1973
- Data as of
- 06/2023
- EIN
- 71-0412520
Organization Overview
Arkansas School Boards Association is located in Little Rock, AR. The organization was established in 1973. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Arkansas School Boards Association employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkansas 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 06/2023, Arkansas School Boards Association generated $3.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. While expenses have increased by 5.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ASBA IS TO PROMOTE STUDENT FOCUSED LEADERSHIP IN PUBLIC EDUCATION THROUGH TRAINING, ADVOCACY AND SERVICE FOR LOCAL BOARD MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS AND NEW BOARD MEMBER WORKSHOPS FOR SCHOOL BOARD MEMBERS.
TO PROVIDE AN ANNUAL STATEWIDE CONFERENCE FOR SCHOOL BOARD MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Prothro Executive Di | 40 | $233,235 | |
Shannon Moore Risk Managem | 40 | $141,438 | |
Kristen Garner Staff Attorn | 40 | $103,984 | |
Rebecca Woodward Finance Dire | 40 | $104,074 | |
Tammie Reitenger Board Dev Di | 40 | $106,802 | |
Mitchell Archer Board Member | 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 | $1,318,280 |
| Investment income | $24,321 |
| 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 | $3,899,012 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,734,697 |
| Pension plan accruals and contributions | $174,017 |
| Other employee benefits | $270,307 |
| Payroll taxes | $128,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,752 |
| Advertising and promotion | $0 |
| Office expenses | $47,275 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $65,025 |
| Travel | $80,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $288,093 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,966 |
| Insurance | $61,170 |
| All other expenses | $112,853 |
| Total functional expenses | $3,523,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $880,625 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,964 |
| 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 | $117,894 |
| Net Land, buildings, and equipment | $1,030,617 |
| Investments—publicly traded securities | $4,016,738 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,649 |
| Total assets | $6,107,487 |
| Accounts payable and accrued expenses | $158,794 |
| Grants payable | $0 |
| Deferred revenue | $570,879 |
| 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 | $729,673 |
| Net assets without donor restrictions | $5,377,814 |
| 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 | $6,107,487 |