Kentucky School Boards Association

Nonprofit profile at a glance

EIN
610549868
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Frankfort, KY, USA
Phone
5026954630
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$5,620,587
Expenses
$5,338,021
Assets
$6,572,234
Liabilities
$1,002,943

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

33 people listed

Executive titles in this filing

  • PAMELA MOREHEAD (PRESIDENT)
  • JEREMY LUCKETT (PRESIDENT-ELECT)
  • KAREN BYRD (IMMEDIATE PAST PRESIDENT)
  • KERRI SCHELLING (KSBA EXECUTIVE DIRECTOR)
  • RONNIE NOLAN (KECSAC EXECUTIVE DIRECTOR)

Highest reported compensation

  • KERRI SCHELLING (KSBA EXECUTIVE DIRECTOR): $215,533 total reported compensation
  • RONNIE NOLAN (KECSAC EXECUTIVE DIRECTOR): $175,297 total reported compensation
  • LEAH HERRERA (CFO (START 1/1/24)): $121,351 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As Kentucky's leading advocate for public school boards, ksba empowers local districts through superior support, service and training.

What it reported doing in 2024

Informational, educational and functional services, and public administrative staff, and legal counsel. During the 2024-2025 fiscal year, ksba's policy service prepared 9,124 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 8,400 to 11,463 training hours earned by school board members this year.

Operating model

Revenue model
Earned-program. 92% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 78
  • Accountability: 91
  • Sustainability: 46
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.8%; rating input score 64
  • Program expense ratio: 68.6%; rating input score 69
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 9.6%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: -1.7% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -0.8% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings

Details

  • Where the money goes: 63.8% of revenue deployed · 68.6% of spending went to programs
  • Governance: 25 of 25 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $3.7M in reported program spending
  • Leadership: top reported pay $216K · 33 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $108K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Operating margin scored 51/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.