Kentucky School Boards Association
- Assets
- $5.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 34
- Location
- Frankfort, KY
- Founding
- 07/1959
- Data as of
- 06/2021
- 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 06/2021, 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 06/2021, Kentucky School Boards Association generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $3.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE SCHOOL BOARD LEADERSHIP IN MAXIMIZING STUDENT ACHIEVEMENT (SEE SCHEDULE O) IN KENTUCKY THROUGH, AMONG OTHER ACTIVITIES, DEVELOPMENT OF LOCAL SCHOOL DISTRICT BOARDS VIA TRAINING AND EDUCATION, FACILITATE THE INTERCHANGE OF IDEAS AND INFORMATION BETWEEN SCHOOL DISTRICTS AND TO SERVE AS AN ADVOCATE FOR BOARDS OF EDUCATION WITH THE GENERAL ASSEMBLY.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerri Schelling Executive Director | Officer | 37.5 | $175,752 |
Steve Smith Chief Financial Officer | Officer | 37.5 | $127,481 |
Karen Byrd President-Elect | OfficerTrustee | 2 | $0 |
Ronnie Holmes Immediate Past President | OfficerTrustee | 2 | $0 |
David Webster Immed. Past-President (2/20/21) | OfficerTrustee | 2 | $0 |
Davonna Page President | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rc Lyon & Company Llc Construction Contractor | 6/29/21 | $101,460 |
Kizan Technologies Llc Software Developer | 6/29/21 | $555,048 |
Compuclaim Software Consultant | 6/29/21 | $270,230 |
Infohandlercom Software Consultant | 6/29/21 | $318,941 |
Galt House Hotel & Suites Conference Venue | 6/29/21 | $137,448 |
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 | $3,215,244 |
| Investment income | $62,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $220,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,757 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,527,131 |
| 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. | $307,302 |
| Compensation of current officers, directors, key employees. | $307,302 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,336,136 |
| Pension plan accruals and contributions | $242,806 |
| Other employee benefits | $196,946 |
| Payroll taxes | $139,718 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,048 |
| Fees for services: Accounting | $46,018 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $194,296 |
| Advertising and promotion | $45 |
| Office expenses | $123,964 |
| Information technology | $445,507 |
| Royalties | $0 |
| Occupancy | $51,982 |
| Travel | $13,233 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $211,150 |
| Interest | $0 |
| Payments to affiliates | $93,913 |
| Depreciation, depletion, and amortization | $143,537 |
| Insurance | $59,294 |
| All other expenses | $30,546 |
| Total functional expenses | $3,756,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,174 |
| Savings and temporary cash investments | $92,949 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $428,401 |
| 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 | $126,503 |
| Net Land, buildings, and equipment | $1,277,525 |
| Investments—publicly traded securities | $2,908,309 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $12,636 |
| Other assets | $18,880 |
| Total assets | $5,168,377 |
| Accounts payable and accrued expenses | $472,733 |
| Grants payable | $0 |
| Deferred revenue | $36,092 |
| 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 | $508,825 |
| Net assets without donor restrictions | $4,659,552 |
| 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 | $5,168,377 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kentucky School Boards Association has recieved totaling $105,000.
| Awarding Organization | Amount |
|---|---|
Prichard Committee For Academic Excellence Lexington, KY PURPOSE: SUBGRANT TO 3KT GROUP | $105,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
Association Of Diabetes Care & Education Specialists Chicago, IL | $25,105,148 | $12,812,259 |
Virginia Education Association Inc Richmond, VA | $23,884,810 | $14,278,542 |
Illinois Association Of School Boards Springfield, IL | $19,198,603 | $11,091,944 |
Tennessee Education Association Inc Nashville, TN | $10,428,351 | $9,646,926 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
Ohio School Boards Association Columbus, OH | $19,022,558 | $9,269,056 |
South Carolina Center For Fathers And Families Cleveland, OH | $2,234,846 | $8,447,371 |
College And University Professional Association For Human Resources Knoxville, TN | $15,862,589 | $7,812,208 |
Ohio Society Of Certified Public Accountants Columbus, OH | $10,948,438 | $7,921,101 |
American College Of Foot And Ankle Surgeons Chicago, IL | $15,138,521 | $7,600,538 |