Louisiana Association Of School Business Officials
- Assets
- $205.2k
- Revenue
- $135.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Baton Rouge, LA
- Founding
- 04/1973
- Data as of
- 06/2021
- EIN
- 72-1033959
Organization Overview
Louisiana Association Of School Business Officials is located in Baton Rouge, LA. The organization was established in 1973. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Association Of School Business Officials 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 06/2021, Louisiana Association Of School Business Officials generated $135.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $93.4k during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE LOUISIANA ASSOCIATION FOR SCHOOL BUSINESS OFFICIALS (LASBO) IS A NON-PROFIT PROFESSIONAL ASSOCIATION OF SCHOOL ADMINISTRATORS WHOSE PRIMARY SKILLS AND SERVICES ARE IN THE BUSINESS AND OPERATIONS FUNCTIONS OF THE SCHOOLS. WE PROMOTE EXCELLENCE AND PROFESSIONAL ETHICAL STANDARDS IN THE PRACTICE OF PUBLIC SCHOOL BUSINESS FINANCE BY EDUCATING AND TRAINING OUR MEMBERSHIP IN THE MOST EFFICIENT AND ECONOMIC METHODS OF CONDUCTING BUSINESS AFFAIRS, FOR THE BENEFIT OF THE CHILDREN OF LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL SPRING CONFERENCE- 3 DAY EVENT THAT OFFERS APPROXIMATELY 16 HOURS OF PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR ALL SCHOOL DISTRICT BUSINESS OFFICIALS ON TOPICS OF CURRENT INTEREST RELATED TO THE MANAGEMENT OF DISTRICT FINANCES. AVERAGE ATTENDANCE IS 500 ANNUALLY. THE CONFERENCE IS ANNOUNCED VIA BROCHURES SENT TO ALL DISTRICTS, EMAIL NOTIFICATIONS, AND ON THE LASBA WEBSITE. THE CONFERENCE IS THE MAIN MECHANISM USED BY THE ORGANIZATION TO DISSEMINATE LEGISLATIVE CHANGES AFFECTING SCHOOL DISTRICTS; FEDERAL GRAND GUIDELINES; PAYROLL REGULATIONS; STATE PURCHASING POLICIES AND PROCEDURES; FISCAL REPORTING REQUIREMENTS, ETC. ADDITIONALLY, COURSES ARE OFFERED IN LEADERSHIP, MANAGEMENT, AND PROFESSIONAL ETHICS.
SOUTHERN ASSOCIATION OF SCHOOL BUSINESS OFFICIALS- A REGIONAL ASSOCIATION THAT PROVIDES ONLINE PROFESSIONAL DEVELOPMENT OPPORTUNITIES. FOR A NOMINAL FEE, ACCESS IS PROVIDED TO LITERATURE, WEBCASTS, ETC. ON SUBJECTS SPECIFIC TO THE MANAGEMENT OF SCHOOL DISTRICT FINANCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lesia Casanovas Immediate Past President | OfficerTrustee | 4 | $0 |
Ty Mccutcheon Vice President & Sasbo Emerging Leader | OfficerTrustee | 4 | $0 |
Edwia Richardson Secretary | OfficerTrustee | 4 | $0 |
Matt Dugas President | OfficerTrustee | 8 | $0 |
Amy Lafleur Financial Secretary & Treasurer | OfficerTrustee | 4 | $0 |
Rodney Wilson President Elect | OfficerTrustee | 8 | $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 | $40,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,150 |
| Total Program Service Revenue | $94,355 |
| Investment income | $75 |
| 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 | $135,130 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,300 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $253 |
| Information technology | $6,407 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,751 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $772 |
| All other expenses | $6,041 |
| Total functional expenses | $93,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,996 |
| Savings and temporary cash investments | $75,252 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $955 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $205,203 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,850 |
| 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 | $4,850 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $158,646 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $41,707 |
| Total liabilities and net assets/fund balances | $205,203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Teaching Trust Dallas, TX | $0 | $1,277,048 |
Texas Classroom Teachers Association Austin, TX | $18,131,963 | $5,396,688 |
National Diversity Council Houston, TX | $4,256,858 | $6,138,107 |
American Case Management Association Little Rock, AR | $1,766,697 | $2,995,171 |
Texas Computer Education Association Austin, TX | $6,144,235 | $4,520,658 |
Jefferson Federation Of Teachers Health And Welfare Fund Metairie, LA | $2,212,673 | $3,830,342 |
Texas Pioneer Foundation Texarkana, TX | $58,953,395 | $3,411,006 |
Literacy Coalition Of Central Texas Austin, TX | $629,691 | $2,233,643 |
Louisiana Association Of Educators Baton Rouge, LA | $3,465,257 | $3,286,362 |
San Antonio Teachers Council San Antonio, TX | $834,260 | $2,135,124 |
Mississippi School Boards Association Clinton, MS | $9,542,173 | $2,519,623 |
Mississippi Association Of Educators Jackson, MS | $958,375 | $1,947,522 |