Texas Association of School Boards (TASB)

What it reported doing in 2024

I. Board development services supports the effectiveness of Texas public school governance teams through training, consulting, facilitation, publications, leadership development programs, and governance resources designed specifically for local school boards and superintendents. Services include in-district board development and governance consulting, team-building and board operating procedure workshops, superintendent evaluation support, board self-assessments, strategic governance planning, leadership succession support, board officer development, leadership tasb, Texas trustee institute, board officer institute, eiso training, regional workshops, conferences, webinars, and the tasb online learning center. These programs are designed to strengthen local governance capacity, improve board-superintendent teamwork, support compliance with state-required trustee training, and promote effective stewardship of public resources on behalf of Texas students and communities, thereby lessening the burdens of government. During fiscal year 2024-25, the array of services provided by board development services reached thousands of trustees, superintendents, and educational leaders throughout the state.ii. First public, llc (first public) - directly and through a service agreement with lone star investment pool, a public funds investment pool established in accordance with the Texas interlocal cooperation act and the Texas public funds investment act, first public provides investment services to local governments, such as school districts, cities, and counties, as well as other governmental entities. First public assists these entities in managing and offering investment programs. First public services help governmental entities reduce the time and expense of managing their investments, and provide for investment diversification. These services enable governmental entities to operate more efficiently and effectively, thereby lessening the burdens of government. During the 2024-25 fiscal year, there were over 700 participating local governments in the lone star investment pool.through a service agreement, first public also provides overall management and program administration to the tasb benefits cooperative (benefits cooperative). The benefits cooperative is an administrative agency of cooperating local governmental entities organized under the Texas interlocal cooperation act. The benefits cooperative was created in an effort to assist Texas school districts with attracting and retaining good employees by providing group benefits coverage and administration to district employees and their family members, thereby lessening the burdens of government. First public's program administration activities include, but are not limited to, procurement assistance in the selection of providers, marketing, participant enrollment, and implementation of benefits cooperative initiatives. There were 31 participating Texas school districts in the benefits cooperative during fiscal year 2024-25. (see part iv line 33 statement in schedule o.)iii. Facility services provides its participants with assistance on environmental regulatory compliance issues, access to professional training, and access to fee-based services such as asbestos sampling, integrated pest management, indoor air quality, asbestos management planning, facility assessments, long-range planning assistance, and construction consulting. Facility services also has a data sharing and license agreement with an outside provider to allow the provider to use the tasb facility dashboard. Additionally, tasb has a wireless infrastructure program agreement with an outside firm to promote a program through which the outside firm, as exclusive provider for the program, works with participating school districts and other governmental entities to offer their property for cellular tower and antenna leases.facility services also has an agreement with an outside provider of expanded environmental services thro

Financial Efficiency

• Mission deployment rate: 83.1%; rating input score 83
• Program expense ratio: 88.3%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 54%; rating input score 54; 11th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 6.8%; rating input score 63; 63rd percentile among comparable filings
• Total-asset coverage ratio: 1.19; rating input score 45; 45th percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 74; 74th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 5.2% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
• Asset growth: 5.2% per year; rating input score 100; 38th percentile among comparable filings