2024-05-14T14:10:16-05:00 2023-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 1000 VINE CENTER 333 WEST VINE ST LEXINGTON KY 40507 990 2022-07-01 610549868 KENTUCKY SCHOOL BOARDS ASSOCIATION KENT 5026954630 260 DEMOCRAT DRIVE FRANKFORT KY 40601 KAREN BYRD PRESIDENT 5026954630 2024-05-13 1 KAREN BYRD 999009999 1 ELEANOR A LIVINGSTON CPA MST P00226461 8595147800 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KAREN BYRD 260 DEMOCRAT DRIVE FRANKFORT KY 40601 6184703 0 X WWW.KSBA.ORG X 1936 KY KSBA SUPPORTS LOCAL SCHOOL BOARD MEMBERS THROUGH TRAINING, LEGISLATIVE ADVOCACY, COMMUNICATIONS SERVICES, LEGAL RESOURCES, POLICY CONSULTATION AND SEVERAL SPECIALIZED DISTRICT SERVICES. THE ASSOCIATION PROMOTES THE INTERCHANGE OF INFORMATION BETWEEN DISTRICTS AND COLLEGIALITY AMONG SCHOOL BOARD MEMBERS AND DISTRICT LEADERS STATEWIDE. 28 28 35 28 86838 43102 0 0 3411498 4575473 117058 86669 667092 341251 4195648 5003393 0 1000 0 0 2209904 2779401 0 0 0 1480129 2140427 3690033 4920828 505615 82565 5301450 5605630 438753 655435 4862697 4950195 KSBA EMPOWERS SCHOOL DISTRICTS THROUGH SUPPORT, SERVICES AND TRAINING OF KENTUCKY'S LOCALLY ELECTED SCHOOL BOARDS. KSBA STRIVES TO ENHANCE BOARD LEADERSHIP, PROMOTE EFFECTIVE DISTRICT GOVERNANCE AND, ULTIMATELY, MAXIMIZE STUDENT ACHIEVEMENT. 0 0 3336072 1000 4600491 INFORMATIONAL, EDUCATIONAL AND FUNCTIONAL SERVICES, AND PUBLIC ADVOCACY FOR ALL KENTUCKY PUBLIC SCHOOL BOARDS OF EDUCATION, THEIR ADMINISTRATIVE STAFF, AND LEGAL COUNSEL. DURING THE 2022-23 FISCAL YEAR, KSBA'S POLICY SERVICE PREPARED XXXX INDIVIDUALIZED POLICY AND PROCEDURAL CHANGES FOR KENTUCKY SCHOOL DISTRICTS STEMMING FROM CHANGES TO STATE AND FEDERAL LAWS. ADDITIONALLY, TRAINING OFFERED TO MEMBERS VIA CONFERENCES, WEBINARS, IN-DISTRICT TRAINING, AND SELF-STUDY RESULTED IN X TO X TRAINING HOURS EARNED BY SCHOOL BOARD MEMBERS THIS YEAR. 3336072 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 84 0 1 35 1 1 1 0 0 0 0 0 0 0 X 28 28 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X LEAH HERRERA 5026954630 260 DEMOCRAT DRIVE FRANKFORT KY 40601 DAVONNA PAGE IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 KAREN BYRD PRESIDENT 5.00 X X 0 0 0 PAMELA MOREHEAD-JOHNSON PRESIDENT-ELECT 2.00 X X 0 0 0 HANNAH BARNES DIRECTOR 2.00 X 0 0 0 JEANNE BERGER DIRECTOR 2.00 X 0 0 0 DIANE BERRY DIRECTOR 2.00 X 0 0 0 ANDREW CLINE DIRECTOR 2.00 X 0 0 0 CHRIS COOK DIRECTOR 2.00 X 0 0 0 SCOTT DAVISON DIRECTOR 2.00 X 0 0 0 KIMBER FENDER DIRECTOR 2.00 X 0 0 0 DEBORAH HAMMERS DIRECTOR 2.00 X 0 0 0 BOB HUTCHINSON DIRECTOR 2.00 X 0 0 0 MEGAN JONES DIRECTOR 2.00 X 0 0 0 VANESSA LUCAS DIRECTOR 2.00 X 0 0 0 DR JEREMY LUCKETT DIRECTOR 2.00 X 0 0 0 CINDY PRICE DIRECTOR 2.00 X 0 0 0 TAMMY PRUITT DIRECTOR 2.00 X 0 0 0 BRENDA ROSE DIRECTOR 2.00 X 0 0 0 JAMES SARGENT DIRECTOR 2.00 X 0 0 0 BLAIR SKIDMORE DIRECTOR 2.00 X 0 0 0 SHAWN SMEE DIRECTOR 2.00 X 0 0 0 DENNIS SMITH DIRECTOR 2.00 X 0 0 0 MARTIE TEMPLETON DIRECTOR 2.00 X 0 0 0 CHRISTINE THOMPSON DIRECTOR 2.00 X 0 0 0 SHEILA WICKER DIRECTOR 2.00 X 0 0 0 ELAINE A WILSON DIRECTOR 2.00 X 0 0 0 KEVIN WOOSLEY DIRECTOR 2.00 X 0 0 0 KERRY YOUNG DIRECTOR 2.00 X 0 0 0 KERRI SCHELLING EXECUTIVE DIRECTOR 37.50 X 177891 0 28452 STEVE SMITH CHIEF FINANCIAL OFFICER 37.50 X 128359 0 22144 306250 0 50596 2 0 1 0 0 MEMBERSHIP SERVICES 541900 2189856 2128314 61542 GOVERNMENT GRANTS 541900 1485319 1485319 MEMBERSHIP DUES 541900 900298 900298 4575473 63000 63000 220000 220000 1204979 1181310 23669 23669 23669 OTHER INCOME 541900 86560 86560 COMMERCIAL ENDORSEMENTS 541900 34691 25296 9395 121251 5003393 4600491 86838 316064 X 1000 1000 361624 361624 1788082 1424674 363408 252393 205263 47130 219082 150713 68369 158220 107484 50736 10388 9438 950 34305 34305 610994 561495 49499 325 325 156477 74215 82262 233596 49630 183966 80145 26094 54051 109492 68376 41116 418901 418233 668 38172 38172 232194 29045 203149 74438 4494 69944 UNRELATED BUSINESS TAX 13526 13526 SPONSORSHIPS 50109 50109 BOARD OF DIRECTORS 27290 27290 MISCELLANEOUS 27116 26256 860 22959 129228 -106269 4920828 3336072 1584756 0 468724 865340 21515 20863 623471 510741 158817 224837 3625035 2629705 1209158 995330 2798180 2957820 10236 7836 11349 22863 5301450 5605630 350656 551783 88097 103652 438753 655435 X 4862697 4950195 4862697 4950195 5301450 5605630 82565 87199 -82266 0 X X 0 1 X 1 0 1 1 0 50000 50000 1537371 1132656 404715 1804891 1376943 427948 232773 120106 112667 995330 X 5195832 87199 105240 192439 5003393 0 5003393 5026068 105240 105240 4920828 0 4920828 PART X, LINE 2: THE ASSOCIATION IS A NON-PROFIT ORGANIZATION THAT IS TAX-EXEMPT UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ASSOCIATION IS SUBJECT TO INCOME TAX ON CERTAIN UNRELATED BUSINESS INCOME. INCOME TAX IS INCLUDED IN MANAGEMENT AND GENERAL EXPENSES ON THE ASSOCIATION'S STATEMENT OF ACTIVITIES IN THE AMOUNT OF $13,526 AND $11,786 FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. THE ASSOCIATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REIMBURSEMENTS FOR THE ADMIN OF THE KENTUCKY SCHOOL BOARDS INSURANCE TRUST 105,240. PART XII, LINE 2D - OTHER ADJUSTMENTS: REIMBURSEMENTS FOR THE ADMIN OF THE KENTUCKY SCHOOL BOARDS INSURANCE TRUST 105,240. 1 X X X X 0 0 0 0 0 0 0 0 0 KERRI SCHELLING EXECUTIVE DIRECTOR 173891 0 4000 0 0 0 28034 0 418 0 206343 0 0 0 STEVE SMITH CHIEF FINANCIAL OFFICER 124359 0 4000 0 0 0 21726 0 418 0 150503 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS AVAILABLE TO ALL SERVING MEMBERS OF LOCAL PUBLIC SCHOOL BOARDS VIA ANNUAL DUES PAYMENTS. FORM 990, PART VI, SECTION A, LINE 7A TWELVE REGIONAL BOARD MEMBERS ARE ELECTED BY A MAJORITY REGIONAL MEMBER VOTE FROM EACH OF THE TWELVE REGIONS OF THE STATE. TWELVE AT-LARGE MEMBERS NOMINATED BY A SEPARATE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A DIGITAL COPY OF THE FORM 990 WITH SALARY INFORMATION REDACTED WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS (BOD) PRIOR TO FILING. THE GOVERNANCE COMMITTEE OF THE BOD, WHICH REVIEWS AND APPROVES ALL SALARIES, WILL RECEIVE THE REDACTED SALARY INFORMATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE RECEIVED BY THE ASSOCIATION FROM ALL DIRECTORS AND KEY EMPLOYEES. IF A CONFLICT IS REPORTED IT MUST BE DISCLOSED TO A BOARD OFFICER SO THAT APPROPRIATE SAFEGUARDS CAN BE IMPLEMENTED TO PROTECT THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED BY THE GOVERNANCE COMMITTEE WHICH PRESENTS ITS RECOMMENDATION TO THE ENTIRE BOARD FOR DISCUSSION AND APPROVAL. ALL EMPLOYEE SALARIES ARE REVIEWED IN DETAIL BY THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. FOLLOWING ITS REVIEW, THE GOVERNANCE COMMITTEE RECOMMENDS COMPENSATION AMOUNTS TO THE FULL BOARD OF DIRECTORS IN AGGREGATE FOR STAFF SALARIES AND SPECIFIC AMOUNT FOR THE EXECUTIVE DIRECTOR. THE FULL BOARD DISCUSSES, ACCEPTS AND APPROVES OR AMENDS AND APPROVES THESE RECOMMENDED COMPENSATION AMOUNTS. THE NATIONAL SCHOOL BOARDS ASSOCIATION'S COMPENSATION STUDY AND OTHER COMPENSATION SURVEYS ARE USED AS A REFERENCE TO SET SALARIES FOR OFFICERS AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 561,495. MANAGEMENT AND GENERAL EXPENSES 49,499. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 610,994. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PERFORMANCE OVERSIGHT AND MANAGEMENT COMMITTEE HAS RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. IN ADDITION, THE INDEPENDENT AUDITOR PRESENTS THEIR AUDIT REPORT TO THE FULL BOARD AT A CALLED MEETING. THE PROCESS USED BY THE COMMITTEE TO OVERSEE THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEARS. KENTUCKY SCHOOL BOARDS INSURANCE TRUST 260 DEMOCRAT DRIVE FRANKFORT KY 40601 311008135 PROVIDE UNEMPLOYMENT BENEFITS MANAGEMENT SERVICES KY 501(C)(4) KENTUCKY SCHOOL BOARDS ASSOCIATION 1 KENTUCKY SCHOOL BOARDS ASSOCIATION EDUCATIONAL FOUNDATION INC 260 DEMOCRAT DRIVE FRANKFORT KY 40601 611219695 TRAINING FOR SCHOOL BOARD MEMBERS, RESEARCH & COMMUNITY SERVICES KY 501(C)(3) LINE 7 KENTUCKY SCHOOL BOARDS ASSOCIATION 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 KENTUCKY SCHOOL BOARDS ASSOCIATION EDUCATIONAL FOUNDATION INC L 686336 COST KENTUCKY SCHOOL BOARDS INSURANCE TRUST Q 105240 COST