Kentucky Association Of School Business Officials

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237010051 ✦ Elizabethtown, KY ✦ Designated as a 501(c)(3)

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Overview

What is Kentucky Association Of School Business Officials?

The Kentucky Association of School Business Officials (KASBO) is a nonprofit organization situated at 65 Wa Jenkins Road, Elizabethtown, Kentucky 42701. Its primary objective is to support and develop individuals who manage the business operations of school districts. KASBO accomplishes this mission by organizing two educational conferences annually, one in the spring and one in the fall. Additionally, starting in 2014, they introduced a leadership conference. The association also offers various training opportunities to its members to enhance their skills and professional growth. KASBO's purpose is to provide its members with programs, services, and networking opportunities that uphold and promote the highest standards in school business operations, leadership development, and professional advancement. With a small team of dedicated individuals, KASBO contributes significantly to the education sector in Kentucky.


Official website here: www.kasbo.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

The Kentucky Association of School Business Officials received a two-star rating from Charity Navigator, indicating a need for improvement with an overall score of 65%. While the organization benefits from a fully independent board and maintains a low liabilities to assets ratio of 8.69%, several key areas require attention, particularly in financial transparency and policy documentation.

There are significant deficiencies noted in the organization's financial statements and the absence of critical policies such as conflict of interest and whistleblower policies. The lack of posted tax forms on their website further impacts their accountability score, reflecting a need for enhanced transparency in financial reporting and governance.

On a positive note, the organization demonstrates a commitment to program expenses, with a program expense ratio of 67.18%. However, addressing the identified weaknesses will be essential for improving their overall performance and building trust with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Kentucky Association Of School Business Officials legitimate?

Kentucky Association Of School Business Officials is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Association Of School Business Officials submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,110

For more financial information, click here


Official website here: www.kasbo.com

What is the mission statement of Kentucky Association Of School Business Officials?

The Kentucky Association of School Business Officials (KASBO) is committed to supporting individuals in the business management of school districts. Their mission is to provide members with programs, services, and networking opportunities that uphold and enhance the highest standards of school business operations, leadership development, and professional growth. KASBO achieves this by conducting two educational conferences annually, one in the spring and one in the fall. Starting in 2014, they also introduced a leadership conference. In addition, the organization offers various training opportunities for its members to further their expertise.


Official website here: www.kasbo.com

Who is the CEO of Kentucky Association Of School Business Officials?

Jessica Annis is the President of Kentucky Association Of School Business Officials.


Official website here: www.kasbo.com

What is the revenue of Kentucky Association Of School Business Officials?

Kentucky Association Of School Business Officials's revenue in 2022 was $628,554.


Official website here: www.kasbo.com

Who are the executives of Kentucky Association Of School Business Officials and what are their salaries?

The average compensation at Kentucky Association Of School Business Officials during 2022 was $44,110. There is 1 employee at Kentucky Association Of School Business Officials.


Here are 12 key members and their salaries:


David Stokes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Clark (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Spalding (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Wright (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Annis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Jackson (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Copeland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Carnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eydie Tate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Barkley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Harlow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Minor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kasbo.com

Where can I find the form 990 for Kentucky Association Of School Business Officials?

Kentucky Association Of School Business Officials's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kasbo.com

Learn more at the official website: www.kasbo.com

Mission Statement of Kentucky Association Of School Business Officials

The Kentucky Association of School Business Officials (KASBO) serves to support and foster the professional growth of individuals involved in the business management of school districts. Their mission is to offer members a range of programs, services, and networking opportunities that uphold and enhance the highest standards of school business operations, leadership development, and professional advancement. To achieve this, KASBO organizes two educational conferences annually, one in the spring and another in the fall. Beginning in 2014, they also introduced a leadership conference to their lineup. Additionally, the organization provides various training opportunities to its members to nurture their skills and knowledge in the field.

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Impact




July, 2024

The Kentucky Association of School Business Officials provides crucial support and development to those in the business management of school districts. By conducting educational conferences, offering training opportunities, and facilitating networking opportunities, KASBO plays a significant role in maintaining and promoting high standards of school business operations, leadership development, and professional growth. This impact ultimately contributes to the overall effectiveness and efficiency of school districts in Kentucky.




This information is meant to be a general summary of Kentucky Association Of School Business Officials. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$628,554 (2022)
Expenses
$557,285 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16
  • Program Service Revenue: $621,932
  • Gross Receipts: $628,554

Assets and Liabilities:

  • Total Assets: $298,936
  • Total Liabilities: $150
  • Net Assets: $298,786

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONFERENCES AND EVENTS

Revenue

$621,932

Organization Details

Founding Year

1960

Principal Officer

Jessica Annis

Main Address

65 WA JENKINS ROAD, ELIZABETHTOWN, KY, 42701

NTEE Category

Code: B99 - Education

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