Mississippi School Boards Association
- Assets
- $9.5m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Clinton, MS
- Founding
- 09/1972
- Data as of
- 06/2021
- EIN
- 23-7122285
Organization Overview
Mississippi School Boards Association is located in Clinton, MS. The organization was established in 1972. 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 06/2023, Mississippi School Boards Association employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi School Boards Association 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 06/2021, Mississippi School Boards Association generated $2.5m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.9m during the year ending 06/2021. 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
TO INSURE QUALITY SCHOOL BOARD PERFORMANCE THROUGH TRAINING & RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP TRAINING OF SCHOOL BOARD MEMBERS & OFFICIALS THROUGH CONFERENCES & PROGRAMS.
IMPROVEMENT OF EDUCATION IN MISSISSIPPI SCHOOLS THROUGH OTHER VARIOUS ACTIVITIES.
ASSISTANCE WITH DEVELOPMENT OF POLICIES.
DISSEMINATION OF RESOURCES TO PROMOTE BETTER & MORE INFORMED DECISION- MAKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecil J Lizana Sr President | OfficerTrustee | 0.4 | $0 |
Delores Mcnair Vice Preside | OfficerTrustee | 0.4 | $0 |
Danny Cowart Secretary-Tr | OfficerTrustee | 0.4 | $0 |
Leroy Matthews Jr Past Preside | Trustee | 0.4 | $0 |
Leslie King Jr Director | Trustee | 0.2 | $0 |
Carter Myers Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | -$2,613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $373,598 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,519,623 |
| Statement of Expenses | |
|---|---|
| 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. | $239,183 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $876,620 |
| Pension plan accruals and contributions | $64,972 |
| Other employee benefits | $6,072 |
| Payroll taxes | $72,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,863 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,168 |
| Advertising and promotion | $0 |
| Office expenses | $44,895 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,515 |
| Travel | $30,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,785 |
| Insurance | $51,583 |
| All other expenses | $0 |
| Total functional expenses | $1,895,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,850 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $952,439 |
| 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 | $23,441 |
| Investments—publicly traded securities | $6,067,233 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,145 |
| Total assets | $9,542,173 |
| Accounts payable and accrued expenses | $80,633 |
| Grants payable | $0 |
| Deferred revenue | $625,512 |
| 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 | $706,145 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $8,836,028 |