TY 2024 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) LANCE MELTON...................................................................... EXECUTIVE DIRECTOR	40.00 .................	X	X	344,305	139,486
(2) DEBRA SILK...................................................................... CHIEF LEGAL COUNSEL/ASSOC EXEC DIR.	40.00 .................	X		278,586	106,740
(3) SCOTT WALTER...................................................................... DIR. REGION 11	5.00 .................	X		0	0
(4) TOM BILLTEEN...................................................................... DIR. BUTTE MUNICIPAL	5.00 .................	X		0	0
(5) SUE CORRIGAN...................................................................... PAST PRES. & DIR. KALLISPEL	5.00 .................	X	X	0	0
(6) SOIBHAN HATHORN...................................................................... DIR. HELENA MUNICIPAL	5.00 .................	X		0	0
(7) BARB RILEY...................................................................... DIR. REGION 1	5.00 .................	X		0	0
(8) IRIS KILL EAGLE...................................................................... DIR. REGION 2 & ISBC CHAIR	5.00 .................	X		0	0
(9) YANCEY BESTON...................................................................... DIR. REGION 3 & ISBC VICE CHAIR	5.00 .................	X		0	0
(10) VACANT...................................................................... DIR. REGION 4	5.00 .................	X		0	0
(11) RICK CUMMINGS...................................................................... PRES ELECT & DIR. REGION 5	5.00 .................	X	X	0	0
(12) STEPHANIE ESCH...................................................................... DIR. REGION 6	5.00 .................	X		0	0
(13) SHARON ANDERSON...................................................................... DIR. REGION 7	5.00 .................	X		0	0
(14) VACANT...................................................................... DIR. REGION 8	5.00 .................	X		0	0
(15) KRYSTAL ZENTNER...................................................................... PRESIDENT & DIR. REGION 9	5.00 .................	X	X	0	0
(16) KIM KNOBLOCH...................................................................... DIR. REGION 10	5.00 .................	X		0	0
(17) JENNIFER HOFFMAN...................................................................... VICE PRES. & DIR. BILLINGS MUNICIPAL	5.00 .................	X	X	0	0

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

Name of the organization

MONTANA SCHOOL BOARDS ASSOCIATION

Employer identification number

81-0247703

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2024

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2023 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2024. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2023. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2024. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2024

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .	1,024,694	1,055,355	1,075,111	1,093,963	1,134,634	5,383,757
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	4,001,553	3,971,398	4,125,448	5,342,781	4,587,168	22,028,348
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5	5,026,247	5,026,753	5,200,559	6,436,744	5,721,802	27,412,105
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons						0
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.						0
c	Add lines 7a and 7b..						0
8	Public support. (Subtract line 7c from line 6.)						27,412,105

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2020	(b) 2021	(c) 2022	(d) 2023	(e) 2024	(f) Total
9	Amounts from line 6...	5,026,247	5,026,753	5,200,559	6,436,744	5,721,802	27,412,105
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	364,141	375,784	530,456	735,351	741,506	2,747,238
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.	364,141	375,784	530,456	735,351	741,506	2,747,238
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..	5,390,388	5,402,537	5,731,015	7,172,095	6,463,308	30,159,343

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2024 (line 8, column (f) divided by line 13, column (f)) .........

90.890 %

Public support percentage from 2023 Schedule A, Part III, line 15 ...............

91.740 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2024 (line 10c, column (f) divided by line 13, column (f)) ......

9.110 %

Investment income percentage from 2023 Schedule A, Part III, line 17 .............

8.260 %

19a

33 1/3% support tests-2024. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2023. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2024

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2024

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2024

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2024

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2024 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2024	(iii) Distributable Amount for 2024
1 Distributable amount for 2024 from Section C, line 6
2 Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2024:
a From 2019.......
b From 2020.......
c From 2021.......
d From 2022.......
e From 2023.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2024 distributable amount
i Carryover from 2019 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2024 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2024 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2025. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2020.....
b Excess from 2021.....
c Excess from 2022.....
d Excess from 2023.....
e Excess from 2024.....

Schedule A (Form 990) (2024)

Schedule A (Form 990) 2024

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2024

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow

Complete if the organization is described below. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2024

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

MONTANA SCHOOL BOARDS ASSOCIATION

Employer identification number

81-0247703

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... right arrow

Volunteer hours for political campaign activities. See instructions ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ right arrow

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... right arrow

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ right arrow

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... right arrow

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2024

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check right arrow

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check right arrow

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(a) Filing organization's totals	(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................	51,087
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................	119,204
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................	170,291
d	Other exempt purpose expenditures ...............................................................................	6,040,996
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................	6,211,287
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.	460,564
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................	115,141
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................	0
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................	0
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................		Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2021	(b) 2022	(c) 2023	(d) 2024	(e) Total

2a	Lobbying nontaxable amount	397,746	417,609	439,076	460,564	1,714,995

b	Lobbying ceiling amount (150% of line 2a, column(e))					2,572,493

c	Total lobbying expenditures	119,665	119,860	145,184	170,291	555,000

d	Grassroots nontaxable amount	99,437	104,402	109,769	115,141	428,749

e	Grassroots ceiling amount (150% of line 2d, column (e))					643,124

f	Grassroots lobbying expenditures	35,899	35,958	43,555	51,087	166,499

Schedule C (Form 990) 2024

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures. See Instructions .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation

Schedule C (Form 990) 2024

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

MONTANA SCHOOL BOARDS ASSOCIATION

Employer identification number

81-0247703

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) (Rev. 1-2025)

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c	393,814
d	Additions during the year ............................	1d	44,948
e	Distributions during the year ..........................	1e	46,669
f	Ending balance ................................	1f	392,093

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	225,284		225,284
b	Buildings ....	3,738,492	1,070,905	2,667,587
c	Leasehold improvements
d	Equipment ....	584,249	371,095	213,154
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				3,106,025

Schedule D (Form 990) (Rev. 1-2025)

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value
(1)DEFFERED COMPENSATION ASSET				772,454
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........				772,454

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
DEFERRED COMPENSATION PAYABLE	772,454








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	772,454
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) (Rev. 1-2025)

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	3,559,180
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	0
3	Subtract line 2e from line 1..................			3	3,559,180
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b	2,904,128
c	Add lines 4a and 4b....................			4c	2,904,128
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	6,463,308

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	3,307,161
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	3,307,161
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b	2,904,126
c	Add lines 4a and 4b.....................			4c	2,904,126
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	6,211,287

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART IV, LINE 1B:	MTSBA IS CUSTODIAN (CASH) FOR THE INDIAN SCHOOL BOARD CAUCUS ($392,193). THESE FUNDS ARE HELD FOR THIS ORGANIZATION AND DISBURSED AS REQUIRED.
PART IV, LINE 2B:	MTSBA IS CUSTODIAN (CASH) FOR THE INDIAN SCHOOL BOARD CAUCUS ($392,193). THESE FUNDS ARE HELD FOR THIS ORGANIZATION AND DISBURSED AS REQUIRED.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	REIMBURSED TRAVEL 14,213. MSGIA & MTSUIP THIRD PARTY ADMINISTRATION 2,889,915.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	REIMBURSED TRAVEL 14,213. MSGIA & MTSUIP THIRD PARTY ADMINISTRATION 2,889,915. ROUNDING -2.

Schedule D (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)
(Rev. January 2025)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public Inspection

Name of the organization

MONTANA SCHOOL BOARDS ASSOCIATION

Employer identification number

81-0247703

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) (Rev. 1-2025)

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1LANCE MELTON EXECUTIVE DIRECTOR	(i) (ii)	275,000 ------------- 0	22,100 ------------- 0	47,205 ------------- 0	68,862 ------------- 0	70,624 ------------- 0	483,791 ------------- 0	0 ------------- 0
2DEBRA SILK CHIEF LEGAL COUNSEL/ASSOC EXEC DIR.	(i) (ii)	217,464 ------------- 0	19,700 ------------- 0	41,422 ------------- 0	72,005 ------------- 0	34,735 ------------- 0	385,326 ------------- 0	0 ------------- 0
3SHAWN BUBB DIR. INSURANCE SERVICES	(i) (ii)	206,935 ------------- 0	16,655 ------------- 0	23,688 ------------- 0	24,728 ------------- 0	55,624 ------------- 0	327,630 ------------- 0	0 ------------- 0
4LAREN CARPARELLI DIR. MTSUIP/CFO MTSBA	(i) (ii)	198,432 ------------- 0	18,000 ------------- 0	15,609 ------------- 0	43,047 ------------- 0	46,708 ------------- 0	321,796 ------------- 0	0 ------------- 0
5ANDREW SEVER DIR. LABOR RELATIONS	(i) (ii)	140,608 ------------- 0	11,900 ------------- 0	14,353 ------------- 0	16,686 ------------- 0	55,680 ------------- 0	239,227 ------------- 0	0 ------------- 0
6TONY KOENIG DIR. LEGAL SERVICES	(i) (ii)	130,765 ------------- 0	11,650 ------------- 0	1,135 ------------- 0	14,355 ------------- 0	70,624 ------------- 0	228,529 ------------- 0	0 ------------- 0
7ANDREW VIGELAND DIR. HR SERVICES	(i) (ii)	114,477 ------------- 0	9,500 ------------- 0	7,990 ------------- 0	13,197 ------------- 0	62,337 ------------- 0	207,501 ------------- 0	0 ------------- 0
8KEVIN BARTSCH ASST. DIRECTOR MSGIA	(i) (ii)	121,785 ------------- 0	5,581 ------------- 0	3,213 ------------- 0	13,058 ------------- 0	55,624 ------------- 0	199,261 ------------- 0	0 ------------- 0
9MATHEW KOMAC ASST DIR. MSGIA SERVICES	(i) (ii)	117,051 ------------- 0	7,124 ------------- 0	6,187 ------------- 0	13,036 ------------- 0	55,624 ------------- 0	199,022 ------------- 0	0 ------------- 0
10EMILY DEAN DIR. MEMBER ENGAGEMENT	(i) (ii)	104,612 ------------- 0	10,690 ------------- 0	8,295 ------------- 0	12,360 ------------- 0	33,340 ------------- 0	169,297 ------------- 0	0 ------------- 0

Schedule J (Form 990) (Rev. 1-2025)

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 1A	MTSBA PROVIDES AN ON-SITE HEALTH CLUB FACILITY FOR THE BENEFIT OF IT'S EMPLOYEES. PERSONAL USE OF VEHICLE EXPENSES WERE PAID BY MTSBA AND TAXED TO EMPLOYEES AS A FRINGE BENEFIT.
PART I, LINE 4B	MTSBA EXECUTIVE DIRECTOR LANCE MELTON, MTSBA CHIEF LEGAL COUNSEL & ASSOCIATE EXECUTIVE DIRECTOR, DEBRA SILK, MTSBA CFO & DIRECTOR OF MTSUIP, LAREN CARPARELLI & MSGIA DIRECTOR OF INSURANCE SERVICES, SHAWN BUBB, PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CURRENT CONTRIBUTIONS ARE REPORTED FOR ALL EMPLOYEES AFFECTED EACH YEAR. THERE WERE NO PAYOUTS IN THE CURRENT YEAR.

Schedule J (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

Open to Public
Inspection

Name of the organization

MONTANA SCHOOL BOARDS ASSOCIATION

Employer identification number

81-0247703

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) PROUDLY REPRESENTS THE ELECTED SCHOOL BOARDS OF PUBLIC SCHOOL DISTRICTS ACROSS MONTANA. OUR MEMBERSHIP ENCOMPASSES NEARLY ALL BUT A FEW OF THE SMALLEST SCHOOL DISTRICTS IN THE STATE EACH YEAR, REFLECTING OUR COMMITMENT TO INCLUSIVE REPRESENTATION AND SUPPORT FOR EDUCATIONAL LEADERS AT EVERY LEVEL. BY BRINGING TOGETHER DIVERSE VOICES AND PERSPECTIVES FROM ACROSS THE STATE, MTSBA FOSTERS A VIBRANT COMMUNITY DEDICATED TO THE ADVANCEMENT OF PUBLIC EDUCATION. OUR MEMBERS ARE INTEGRAL TO SHAPING THE FUTURE OF EDUCATION IN MONTANA, AND WE ARE HONORED TO SERVE AS THEIR ADVOCATE AND RESOURCE, EMPOWERING THEM TO DRIVE POSITIVE CHANGE WITHIN THEIR DISTRICTS.
FORM 990, PART VI, SECTION A, LINE 7A	THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) IS GOVERNED BY A DYNAMIC BOARD OF DIRECTORS, CONSISTING OF 18 TO 20 DEDICATED MEMBERS WHO ARE COMMITTED TO LEADING AND SUPPORTING PUBLIC EDUCATION IN OUR STATE. ELEVEN OF THESE DIRECTORS ARE ELECTED FROM VARIOUS GEOGRAPHIC REGIONS, ENSURING REPRESENTATION FROM ACROSS MONTANA. THE REMAINING SEVEN DIRECTORS ARE APPOINTED BY THE SEVEN LARGEST MEMBER DISTRICTS, BASED ON STUDENT ENROLLMENT, WHICH CURRENTLY INCLUDES BILLINGS, BOZEMAN, BUTTE, GREAT FALLS, HELENA, KALISPELL, AND MISSOULA. IN ADDITION, THE BOARD INCLUDES TWO DIRECTORS ELECTED BY THE INDIAN SCHOOL BOARD CAUCUS (ISBC), IN ACCORDANCE WITH OUR ASSOCIATION'S BYLAWS. THE CHAIR AND VICE-CHAIR OF THE ISBC ARE DESIGNATED AS DIRECTORS OF MTSBA, EMPHASIZING OUR COMMITMENT TO INCLUSION AND REPRESENTATION OF INDIGENOUS PERSPECTIVES. NOTABLY, AN INDIVIDUAL ELECTED OR APPOINTED TO A SEAT ON THE BOARD MAY CONCURRENTLY SERVE AS AN ISBC DIRECTOR, ENSURING COMPREHENSIVE LEADERSHIP THAT REFLECTS THE DIVERSE NEEDS AND VOICES OF MONTANA'S EDUCATIONAL COMMUNITY. THROUGH THIS GOVERNANCE STRUCTURE, MTSBA STRIVES TO EFFECTIVELY ADVOCATE FOR AND ENHANCE THE EDUCATIONAL LANDSCAPE THROUGHOUT THE STATE.
FORM 990, PART VI, SECTION A, LINE 7B	THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) OPERATES WITH A STRONG COMMITMENT TO DEMOCRATIC GOVERNANCE, ENSURING THAT A VARIETY OF SIGNIFICANT DECISIONS MADE BY THE BOARD OF DIRECTORS RECEIVE THE APPROVAL OF OUR VALUED MEMBERS. KEY EXAMPLES OF SUCH DECISIONS INCLUDE LEGISLATIVE RESOLUTIONS, DUES INCREASES, AND AMENDMENTS TO OUR BYLAWS. THIS COLLABORATIVE APPROACH NOT ONLY REINFORCES OUR DEDICATION TO TRANSPARENCY AND ACCOUNTABILITY BUT ALSO EMPOWERS OUR MEMBERS TO HAVE A DIRECT VOICE IN SHAPING THE POLICIES AND DIRECTION OF THE ASSOCIATION. BY ACTIVELY INVOLVING THE MEMBERSHIP IN THESE CRITICAL DECISIONS, MTSBA FOSTERS A SENSE OF OWNERSHIP AND ENGAGEMENT, ENSURING THAT THE COLLECTIVE INTERESTS OF PUBLIC SCHOOL DISTRICTS IN MONTANA ARE AT THE FOREFRONT OF OUR INITIATIVES.
FORM 990, PART VI, SECTION B, LINE 11B	PROCESS OF REVIEW FOR 990: THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) FOLLOWS A RIGOROUS AND COLLABORATIVE PROCESS FOR PREPARING AND REVIEWING FORM 990 FOLLOWING THE COMPLETION OF THE INDEPENDENT AUDIT. THE CHIEF FINANCIAL OFFICER (CFO) AND CPA INITIALLY DRAFT THE 990, ENSURING THAT IT REFLECTS OUR ORGANIZATION'S FINANCIAL AND OPERATIONAL INTEGRITY. ONCE THE PRELIMINARY DRAFT IS PREPARED, IT UNDERGOES A THOROUGH REVIEW BY THE EXECUTIVE DIRECTOR AND GENERAL COUNSEL IN PARTNERSHIP WITH THE CFO. THIS DETAILED EXAMINATION FOCUSES ON VERIFYING THE ACCURACY OF NUMERICAL DATA, NARRATIVE CONTENT, AND RESPONSES TO ALL REQUIRED QUESTIONS. UPON COMPLETION OF THIS COMPREHENSIVE REVIEW, THE FINAL DRAFT OF FORM 990 IS PRESENTED TO THE MTSBA BOARD OF DIRECTORS. THIS STEP IS VITAL, AS IT PROVIDES THE BOARD WITH AN OPPORTUNITY TO OFFER INPUT AND INSIGHTS REGARDING THE COMPLETED DOCUMENT PRIOR TO ITS SUBMISSION. THROUGH THIS METICULOUS PROCESS, MTSBA ENSURES THAT FORM 990 IS NOT ONLY ACCURATE BUT ALSO TRANSPARENTLY REPRESENTS OUR COMMITMENT TO RESPONSIBLE GOVERNANCE AND ACCOUNTABILITY.
FORM 990, PART VI, SECTION B, LINE 12C	DESCRIPTION OF CONFLICT OF INTEREST PROCEDURE: THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) PRIORITIZES TRANSPARENCY AND ETHICAL GOVERNANCE THROUGH ITS ROBUST CONFLICT OF INTEREST PROCEDURES. ANNUALLY, THE MTSBA BOARD OF DIRECTORS REVIEWS AND SIGNS OFF ON A COMPREHENSIVE CONFLICT OF INTEREST POLICY, WHICH INCLUDES AN ACKNOWLEDGMENT OF RECEIPT AND A REQUIREMENT FOR ALL MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICTS. IN OUR COMMITMENT TO RESPONSIBLE DECISION-MAKING, WE DILIGENTLY IDENTIFY AND ADDRESS ANY POTENTIAL CONFLICTS OF INTEREST WHEN CONSIDERING FINANCIAL TRANSACTIONS. IF A POTENTIAL CONFLICT IS DETECTED, WE ENSURE THAT THE ISSUE IS BROUGHT BEFORE THE MTSBA BOARD FOR DISCUSSION AND RESOLUTION. IN ADDITION TO OUR INTERNAL PROCEDURES, WE ADHERE STRICTLY TO SECTION 35-2-418 (DIRECTOR CONFLICT OF INTEREST) OF THE MONTANA CODE ANNOTATED, ENSURING COMPLIANCE WITH STATE REGULATIONS. WHEN A FINANCIAL TRANSACTION INVOLVES A RELATED PARTY, THE BOARD OR STAFF MEMBER ASSOCIATED WITH THAT TRANSACTION IS RECUSED FROM ALL DECISION-MAKING PROCESSES REGARDING THE INITIATION, CONTINUATION, OR CESSATION OF SERVICES. THIS APPROACH SAFEGUARDS OUR INTEGRITY AND REINFORCES OUR COMMITMENT TO KEEPING THE INTERESTS OF OUR MEMBERS AND THE PUBLIC AT THE FOREFRONT OF OUR ACTIONS.
FORM 990, PART VI, SECTION B, LINE 15	DETERMINATION OF COMPENSATION FOR THE EXECUTIVE DIRECTOR: THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) IS COMMITTED TO ENSURING THAT THE COMPENSATION OF ITS EXECUTIVE DIRECTOR IS BOTH REASONABLE AND COMPETITIVE. EACH YEAR, THE MTSBA BOARD CONDUCTS A THOROUGH EVALUATION OF THE EXECUTIVE DIRECTOR'S SALARY, BENCHMARKING IT AGAINST THE COMPENSATION PACKAGES OF COMPARABLE STATE SCHOOL BOARD ASSOCIATIONS. THIS COMPREHENSIVE REVIEW CONSIDERS NOT ONLY SALARY FIGURES BUT ALSO INCORPORATES AN ANALYSIS OF THE COST OF LIVING ADJUSTMENTS AND THE LONGEVITY OF THE EXECUTIVE DIRECTOR'S TENURE. ADDITIONALLY, THE BOARD EVALUATES THE COMPENSATION IN RELATION TO CHIEF EXECUTIVE OFFICERS WITHIN SIMILAR PEER ORGANIZATIONS, ENSURING THAT OUR COMPENSATION PRACTICES REFLECT INDUSTRY STANDARDS AND PROMOTE EQUITABLE REMUNERATION. THROUGH THIS DILIGENT PROCESS, MTSBA UNDERSCORES ITS COMMITMENT TO FAIR GOVERNANCE AND EFFECTIVE LEADERSHIP WITHIN THE ASSOCIATION. DETERMINATION OF COMPENSATION FOR MTSBA KEY EMPLOYEES & STAFF: THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) IS DEDICATED TO MAINTAINING FAIR AND COMPETITIVE COMPENSATION FOR ITS STAFF. EACH YEAR, WE CONDUCT A COMPREHENSIVE ASSESSMENT OF SALARIES, COMPARING THEM TO THOSE OF OTHER STAFF MEMBERS IN SIMILAR ROLES WITHIN STATE SCHOOL BOARD ASSOCIATIONS OF COMPARABLE SIZE. IN ADDITION TO THIS BENCHMARKING, MTSBA EVALUATES THE REASONABLENESS OF SALARIES AND BENEFITS IN RELATION TO THE BROADER LANDSCAPE OF BOTH PUBLIC AND PRIVATE NONPROFIT SECTORS IN MONTANA. THIS THOROUGH APPROACH ENSURES THAT OUR COMPENSATION PRACTICES ARE NOT ONLY EQUITABLE BUT ALSO REFLECTIVE OF THE VALUE AND EXPERTISE OUR STAFF BRING TO THE ORGANIZATION. BY PRIORITIZING COMPETITIVE SALARIES AND BENEFITS, MTSBA REINFORCES ITS COMMITMENT TO ATTRACTING AND RETAINING TALENTED PROFESSIONALS DEDICATED TO ADVANCING PUBLIC EDUCATION IN MONTANA.
FORM 990, PART VI, SECTION C, LINE 18	MTSBA'S FORM 990 IS PUBLISHED ANNUALLY ON GUIDESTAR.COM.
FORM 990, PART VI, SECTION C, LINE 19	HOW MTSBA MAKES GOVERNING DOCS AVAILABLE TO THE PUBLIC: THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) IS COMMITTED TO TRANSPARENCY AND ACCOUNTABILITY IN ITS OPERATIONS. WE FULLY COMPLY WITH ALL PUBLIC DISCLOSURE REQUIREMENTS FOR EXEMPT ORGANIZATIONS, AS OUTLINED BY THE IRS IN ITS APPLICABLE REGULATIONS. IN ADDITION TO MEETING THESE REGULATORY STANDARDS, MTSBA MAKES ITS FORM 990 PUBLICLY ACCESSIBLE BY PUBLISHING IT ANNUALLY ON GUIDESTAR.COM. THIS PLATFORM PROVIDES A VALUABLE RESOURCE FOR INDIVIDUALS AND ORGANIZATIONS SEEKING TO UNDERSTAND OUR FINANCIAL PRACTICES AND GOVERNANCE STRUCTURE. BY ENSURING THAT OUR GOVERNING DOCUMENTS AND FINANCIAL INFORMATION ARE READILY AVAILABLE, MTSBA REINFORCES ITS DEDICATION TO OPEN COMMUNICATION AND RESPONSIBLE STEWARDSHIP WITHIN THE COMMUNITY WE SERVE.
FORM 990, PART XII LINE 2C EXPLANATION	THE PROCESS FOR AUDIT OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) (Rev. 1-2025)

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	1,093,963	1,134,634
9	Program service revenue (Part VIII, line 2g) .........	4,552,807	4,558,212
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	328,289	331,087
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	461,685	439,375
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	6,436,744	6,463,308
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	2,158,610	2,425,656
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	3,622,919	3,785,631
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	5,781,529	6,211,287
19	Revenue less expenses. Subtract line 18 from line 12.......	655,215	252,021
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	10,408,659	11,432,441
21	Total liabilities (Part X, line 26).............	3,560,745	4,332,506
22	Net assets or fund balances. Subtract line 21 from line 20.....	6,847,914	7,099,935

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 936,174 including grants of $ ) (Revenue $ 642,396 )
	LEGAL SERVICES AND LABOR RELATIONS.SEE SCHEDULE O.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) HAS A LONG-STANDING RECORD OF PROVIDING EXCEPTIONAL LEGAL SERVICES TO MEMBER SCHOOL BOARDS THROUGHOUT MONTANA. OUR COMMITMENT TO EXCELLENCE IS UNWAVERING, AS WE PROVIDE BOTH DUES-BASED AND FEE-BASED LEGAL SUPPORT DESIGNED TO MEET THE UNIQUE NEEDS OF EACH MTSBA MEMBER. WE OPERATE IN STRICT COMPLIANCE WITH THE ETHICAL STANDARDS GOVERNING THE PRACTICE OF LAW, ENSURING THAT OUR SERVICES ARE NOT ONLY RELIABLE BUT ALSO UPHOLD THE HIGHEST PRINCIPLES OF INTEGRITY. OUR STEADFAST SUPPORT OF MONTANA'S EDUCATIONAL LEADERS HAS CULTIVATED A ROBUST, ETHICAL, AND EFFECTIVE LEARNING ENVIRONMENT FOR EVERY CHILD IN THE STATE.

4b	(Code: ) (Expenses $ 210,942 including grants of $ ) (Revenue $ 283,528 )
	PROFESSIONAL DEVELOPMENT.SEE SCHEDULE O.SINCE ITS INCEPTION IN 1926, THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) HAS STOOD AT THE FOREFRONT OF PROFESSIONAL DEVELOPMENT FOR PUBLIC SCHOOL LEADERS. WE FOSTER EXCELLENCE IN EDUCATION THROUGH A DIVERSE ARRAY OF TRAINING OPPORTUNITIES. OUR OFFERINGS INCLUDE BOTH DUES-BASED AND FEE-BASED PROGRAMS DELIVERED IN VARIOUS FORMATS-VIRTUAL, IN-PERSON, AND HYBRID-ENSURING ACCESSIBILITY TO HIGH QUALITY PROFESSIONAL DEVELOPMENT AT THE CONVENIENCE OF OUR MEMBERS ACROSS THE STATE OF MONTANA.WITH WEEKLY, MONTHLY, SEASONAL, AND ANNUAL TRAINING SESSIONS, WE HAVE MET THE EVOLVING NEEDS OF OUR EDUCATION LEADERS. MOREOVER, WE TAILOR ON-SITE TRAINING AT LOCAL DISTRICTS, EMPOWERING OUR MEMBERS WITH CUSTOMIZED CONTENT THAT ADDRESSES THEIR SPECIFIC NEEDS. OUR STRATEGIC PLANNING FACILITATION ENABLES LEADERS TO ENGAGE EFFECTIVELY WITH STUDENTS, FAMILIES, AND COMMUNITIES, ENSURING THAT PUBLIC SCHOOL PROGRAMS AND SERVICES ARE ALIGNED WITH THE COLLECTIVE GOAL OF DEVELOPING THE FULL POTENTIAL OF EVERY INDIVIDUAL. MTSBA TRAINING PROGRAMS PROVIDE POSITIVE CHANGE IN OUR EDUCATION SYSTEM AND THE COMMUNITIES WE SERVE.

4c	(Code: ) (Expenses $ 2,889,915 including grants of $ ) (Revenue $ 3,112,184 )
	SELF FUNDED INSURANCE PROGRAMS FOR MEMBERS.SEE SCH O.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) ADMINISTERS THE MONTANA SCHOOL DISTRICTS' WORKERS' COMPENSATION RISK AND RETENTION PROGRAM (WCRRP), THE LARGEST SELF-FUNDED PROGRAM OF ITS KIND IN THE STATE. SERVING OVER 25,000 PUBLIC SCHOOL EMPLOYEES, WCRRP STANDS AS A TESTAMENT TO OUR COMMITMENT TO ENHANCE WORKPLACE SAFETY AND PROVIDE EXCEPTIONAL WORKERS' COMPENSATION COVERAGE.OUR PROGRAM OFFERS COMPETITIVELY PRICED COVERAGE ALONGSIDE AN EXTENSIVE SUITE OF VALUE ADDED SERVICES TAILORED TO EACH MEMBER DISTRICT. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO COMPREHENSIVE TRAINING IN ALL FACETS OF SCHOOL DISTRICT RISK MANAGEMENT, EQUIPPING OUR MEMBERS WITH THE TOOLS THEY NEED TO EFFECTIVELY MITIGATE RISKS. BY FOCUSING ON PROACTIVE RISK MANAGEMENT, WE NOT ONLY DRIVE DOWN THE COSTS OF COVERAGE-RESULTING IN SIGNIFICANT SAVINGS FOR OUR MEMBER DISTRICTS-BUT ALSO FOSTER A SAFER WORK ENVIRONMENT, LEADING TO FEWER CLAIMS AGAINST THE DISTRICTS. THROUGH WCRRP, WE EXEMPLIFY OUR DEDICATION TO THE WELL-BEING OF OUR SCHOOL EMPLOYEES AND THE FINANCIAL HEALTH OF OUR MONTANA'S PUBLIC SCHOOLS.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) ADMINISTERS A SELF-FUNDED PROPERTY AND CASUALTY PROGRAM THAT PROVIDES COMPREHENSIVE COVERAGE TO OUR MEMBERS AT HIGHLY COMPETITIVE RATES. OUR PROGRAM GOES BEYOND THE TYPICAL MARKET OPTIONS, DELIVERING EXCEPTIONAL MEMBER SERVICES THAT ARE TAILORED TO THE UNIQUE NEEDS OF EACH OF OUR SCHOOL DISTRICTS.BY OFFERING LOWER COSTS FOR COVERAGE, WE ENABLE MEMBER DISTRICTS TO ACHIEVE SUBSTANTIAL SAVINGS, ALLOWING THEM TO ALLOCATE RESOURCES MORE EFFECTIVELY TO SUPPORT THEIR EDUCATIONAL MISSIONS. ADDITIONALLY, OUR STRONG EMPHASIS ON RISK MANAGEMENT NOT ONLY ASSISTS DISTRICTS IN MINIMIZING POTENTIAL LIABILITIES BUT ALSO LEADS TO A SIGNIFICANT REDUCTION IN THE NUMBER OF CLAIMS. THROUGH OUR PROPERTY AND CASUALTY PROGRAM, WE DEMONSTRATE OUR UNWAVERING COMMITMENT TO SAFEGUARDING THE INTERESTS OF MONTANA'S PUBLIC SCHOOLS, ENSURING A SECURE ENVIRONMENT FOR STUDENTS, STAFF, AND THE BROADER COMMUNITY.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) ADMINISTERS THE MONTANA SCHOOLS UNEMPLOYMENT INSURANCE PROGRAM (MTSUIP), A SELF-FUNDED INSURANCE POOL DESIGNED TO PROVIDE OUTSTANDING COVERAGE FOR OUR MEMBER DISTRICTS. OUR COMPETITIVE RATES ARE SIGNIFICANTLY LOWER THAN THOSE OFFERED BY THE STATE OF MONTANA, ENSURING THAT OUR MEMBERS RECEIVE EXCEPTIONAL VALUE.THE FINANCIAL BENEFITS OF LOWER COVERAGE COSTS DIRECTLY TRANSLATE INTO SUBSTANTIAL SAVINGS FOR MEMBER DISTRICTS, ALLOWING THEM TO ALLOCATE RESOURCES MORE EFFECTIVELY TOWARD ENRICHING EDUCATIONAL PROGRAMS. ADDITIONALLY, OUR PROGRAM PLACES A STRONG EMPHASIS ON EFFECTIVE RISK MANAGEMENT PRACTICES THROUGH MULTIPLE TRAININGS AND OTHER AVAILABLE RESOURCES, WHICH LEADS TO A NOTABLE REDUCTION IN CLAIMS AGAINST THE DISTRICTS. THROUGH MTSUIP, WE REAFFIRM OUR DEDICATION TO SUPPORTING MONTANA'S PUBLIC SCHOOLS BY PROMOTING FISCAL RESPONSIBILITY AND ENHANCING THE OVERALL STABILITY OF OUR EDUCATIONAL WORKFORCE

	(Code: ) (Expenses $ 184,326 including grants of $ ) (Revenue $ 24,460 )
	ADMINISTRATIVE LEADERS SEARCH SERVICES.OUR ADMINISTRATIVE LEADERS SEARCH SERVICES PROVIDE COMPREHENSIVE SUPPORT FOR SCHOOL DISTRICTS IN THEIR PURSUIT OF EXCEPTIONAL LEADERSHIP. WE EXPERTLY HANDLE THE ENTIRE RECRUITMENT PROCESS, FROM ADVERTISING OPEN POSITIONS TO GUIDING CANDIDATES THROUGH THE APPLICATION PROCESS. WE ASSIST OUR MEMBERS WITH RIGOROUS SCREENING AND INTERVIEWING, THOROUGH EMPLOYMENT BACKGROUND CHECKS, AND CONTRACT NEGOTIATION AND FINALIZATION OF THE EMPLOYMENT CONTRACT TO ENSURE A SEAMLESS HIRING EXPERIENCE.WE ALIGN OUR SEARCH EFFORTS WITH THE STRATEGIC GOALS OF EACH DISTRICT, ENSURING THAT THE SELECTED LEADERS ARE NOT ONLY QUALIFIED BUT ALSO A PERFECT FIT FOR THE ORGANIZATIONAL VISION. ADDITIONALLY, WE OFFER LEGAL ASSISTANCE AND TARGETED TRAINING IN THE HIRING PROCESS, EMPOWERING DISTRICTS TO MAKE INFORMED DECISIONS THAT CONTRIBUTE TO THEIR LONG-TERM SUCCESS. THROUGH OUR DEDICATED APPROACH, WE EFFECTIVELY FACILITATE EACH MEMBER'S SELECTION OF VISIONARY LEADERS WHO ARE THEN POISED TO DRIVE EDUCATIONAL EXCELLENCE AND FOSTER A VIBRANT SCHOOL COMMUNITY.

	(Code: ) (Expenses $ 166,860 including grants of $ ) (Revenue $ 135,369 )
	MEMBER OUTREACH.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) KEEPS ITS MEMBERS INFORMED AND ENGAGED THROUGH A RANGE OF PUBLICATIONS RELEASED IN QUARTERLY, MONTHLY, WEEKLY, AND DAILY FORMATS. WE PROVIDE CRITICAL INFORMATION ON ISSUES AFFECTING PUBLIC EDUCATION, EQUIPPING OUR MEMBERS WITH INVALUABLE RESOURCES THAT EMPOWER THEM TO ENHANCE PERFORMANCE AND ALIGN THEIR SERVICES WITH THE COLLECTIVE GOAL OF DEVELOPING THE FULL POTENTIAL OF EACH INDIVIDUAL WITHIN MONTANA'S PUBLIC SCHOOL SYSTEM.IN ADDITION TO OUR PUBLICATIONS, MTSBA ENSURES THAT BOTH MEMBERS AND THE PUBLIC HAVE ACCESS TO UP-TO-DATE INFORMATION THROUGH OUR COMPREHENSIVE ONLINE PRESENCE. WE MAINTAIN AND REGULARLY PUBLISH UPDATES ON SEVERAL WEBSITES, INCLUDING MTSBA.ORG, MSGIA.ORG, MTSUIP.ORG, MCEL.ORG, AND COALITIONOFMTK12ADVOCATES.ORG. THROUGH THESE PLATFORMS, WE REINFORCE OUR COMMITMENT TO TRANSPARENCY AND COLLABORATION, FOSTERING A STRONG EDUCATIONAL COMMUNITY THAT THRIVES ON SHARED KNOWLEDGE AND RESOURCES.

	(Code: ) (Expenses $ 371,896 including grants of $ ) (Revenue $ 299,136 )
	POLICY SERVICES.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) OFFERS A COMPREHENSIVE SUITE OF POLICY SERVICES DESIGNED TO SUPPORT OUR MEMBERS IN NAVIGATING THE COMPLEXITIES OF EDUCATIONAL GOVERNANCE. OUR OFFERINGS INCLUDE BOTH DUES-BASED AND FEE-BASED POLICY SERVICES, FEATURING MODEL POLICIES FOR VARIOUS SIZED SCHOOL SYSTEMS AND COOPERATIVES AND MODEL STUDENT AND STAFF HANDBOOKS THAT SERVE AS FOUNDATIONAL RESOURCES FOR SCHOOL DISTRICTS.WE PROVIDE EXPERT CONSULTATION ON A WIDE RANGE OF POLICY ISSUES, INCLUDING THOROUGH ANALYSIS AND CUSTOMIZATION TO SUIT THE UNIQUE NEEDS OF EACH MEMBER DISTRICT. OUR FEE-BASED CUSTOMIZED POLICY PROGRAM INCLUDES A PROACTIVE MAINTENANCE COMPONENT, ENSURING THAT OUR MEMBERS' POLICIES REMAIN CURRENT AND FULLY COMPLIANT WITH EVOLVING LEGAL STANDARDS. THROUGH THESE SERVICES, WE EMPOWER SCHOOL LEADERS TO MAKE INFORMED DECISIONS THAT FOSTER EFFECTIVE GOVERNANCE AND ENHANCE THE OVERALL QUALITY OF EDUCATION IN MONTANA'S PUBLIC SCHOOLS.

	(Code: ) (Expenses $ 118,851 including grants of $ ) (Revenue $ 61,139 )
	MONTANA CONFERENCE OF EDUCATION LEADERSHIP (MCEL).THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA), IN PARTNERSHIP WITH THE SCHOOL ADMINISTRATORS OF MONTANA (SAM), MONTANA RURAL EDUCATION ASSOCIATION (MREA), AND THE MONTANA ASSOCIATION OF SCHOOL BUSINESS OFFICIALS (MASBO) HOSTS THE MONTANA CONFERENCE OF EDUCATION LEADERSHIP (MCEL) EACH OCTOBER. THIS FLAGSHIP EVENT REPRESENTS THE LARGEST GATHERING OF PUBLIC SCHOOL LEADERS IN MONTANA AND HAS BEEN A CORNERSTONE OF EDUCATIONAL COLLABORATION FOR OVER FOUR DECADES.AT MCEL, WE PROVIDE INVALUABLE EDUCATIONAL AND COLLABORATIVE OPPORTUNITIES DESIGNED TO INSPIRE AND EQUIP SCHOOL LEADERS WITH THE TOOLS AND KNOWLEDGE NECESSARY TO NAVIGATE THE EVOLVING LANDSCAPE OF PUBLIC EDUCATION. ATTENDEES ENGAGE IN DYNAMIC SESSIONS, WORKSHOPS, AND NETWORKING EVENTS THAT FOSTER INNOVATION, BEST PRACTICES, AND PROACTIVE STRATEGIES FOR ENHANCING EDUCATIONAL OUTCOMES. THROUGH MCEL, WE REAFFIRM OUR COMMITMENT TO STRENGTHENING LEADERSHIP ACROSS MONTANA'S PUBLIC SCHOOLS, ENSURING THAT EVERY LEADER IS EMPOWERED TO DRIVE EXCELLENCE IN EDUCATION.

	(Code: ) (Expenses $ 170,291 including grants of $ ) (Revenue $ 0 )
	ADVOCACY.THE MONTANA SCHOOL BOARDS ASSOCIATION (MTSBA) IS A STEADFAST ADVOCATE FOR COMMUNITY OWNERSHIP AND LOCAL CONTROL OF PUBLIC SCHOOLS, EMBODYING THE PRINCIPLES OUTLINED IN ARTICLE X, SECTION 8 OF THE MONTANA CONSTITUTION. WE BELIEVE THAT EMPOWERING LOCAL COMMUNITIES IS ESSENTIAL TO FOSTERING AN EDUCATION SYSTEM THAT MEETS THE DISTINCT NEEDS OF EACH STUDENT.MTSBA CHAMPIONS A PUBLIC EDUCATION FRAMEWORK THAT DEVELOPS THE FULL POTENTIAL OF EACH CHILD, ENSURING THAT EACH PUBLIC SCHOOL PROVIDES AN ENRICHING AND SUPPORTIVE ENVIRONMENT. THROUGH PROACTIVE ADVOCACY EFFORTS, WE WORK COLLABORATIVELY WITH STAKEHOLDERS, POLICYMAKERS, AND COMMUNITY MEMBERS TO PROMOTE POLICIES THAT ENHANCE EDUCATIONAL OPPORTUNITIES AND UPHOLD THE VALUES OF LOCAL GOVERNANCE IN MONTANA'S PUBLIC SCHOOLS. OUR COMMITMENT TO ADVOCACY REFLECTS OUR DEDICATION TO BUILDING A BRIGHTER FUTURE FOR EACH STUDENT AND COMMUNITY ACROSS THE STATE.

	(Code: ) (Expenses $ including grants of $ ) (Revenue $ 29,963 )
	REIMBURSED PROGRAM EXPENSES.MTSBA IS REIMBURSED FOR VARIOUS EXPENSES WHICH ARE PROGRAM RELATED AND CONSIST OF REIMBURSED TRAVEL EXPENSES INCURRED IN SERVING ITS MEMBERS AND OTHER MISCELLANEOUS REIMBURSED FEES. THIS INCOME IS RELATED TO ALL PROGRAMS DESCRIBED IN THIS RETURN, BUT HAS NOT BEEN IDENTIFIED BY SPECIFIC PROGRAM.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 1,012,224 including grants of $ ) (Revenue $ 550,067 )
4e	Total program service expenses5,049,255

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) LEI-ANNA BERTELSEN........................................................................ DIR. BOZEMAN MUNICIPAL	5.00 .......................	X			0	0	0
(19) BILL BRONSON........................................................................ DIR. GREAT FALLS MUNICIPAL	5.00 .......................	X			0	0	0
(20) ARLENE WALKER-ANDREWS........................................................................ DIR. MISSOULA MUNICIPAL	5.00 .......................	X			0	0	0
(21) SHAWN BUBB........................................................................ DIR. INSURANCE SERVICES	40.00 .......................		X		247,278	0	80,352
(22) ANDREW SEVER........................................................................ DIR. LABOR RELATIONS	40.00 .......................		X		166,861	0	72,366
(23) LAREN CARPARELLI........................................................................ DIR. MTSUIP/CFO MTSBA	40.00 .......................		X		232,041	0	89,755
(24) EMILY DEAN........................................................................ DIR. MEMBER ENGAGEMENT	40.00 .......................			X	123,597	0	45,700
(25) TONY KOENIG........................................................................ DIR. LEGAL SERVICES	40.00 .......................			X	143,550	0	84,979
(26) KEVIN BARTSCH........................................................................ ASST. DIRECTOR MSGIA	40.00 .......................			X	130,579	0	68,682
(27) ANDREW VIGELAND........................................................................ DIR. HR SERVICES	40.00 .......................			X	131,967	0	75,534
(28) MATHEW KOMAC........................................................................ ASST DIR. MSGIA SERVICES	40.00 .......................			X	130,362	0	68,660

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	1,929,126	0	832,254

1	Briefly describe the organization’s mission or most significant activities: MTSBA'S MISSION IS TO DEVELOP THE FULL POTENTIAL OF EACH CHILD THROUGH SCHOOL BOARD LEADERSHIP.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	20
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	20
5	Total number of individuals employed in calendar year 2024 (Part V, line 2a) ......	5	25
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

(A) Name and business address	(B) Description of services	(C) Compensation
DIAMOND CONSTRUCTION INC 2905 NORTH MONTANA AVE HELENA,MT59601	BUILDING RENOVATION	363,100




2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 1

1a	Federated campaigns..		1a
b	Membership dues..		1b	1,134,634
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		1,134,634

		Business Code
2a	MSGIA (WORK COMP PROGR	561000	2,426,758	2,426,758
b	LEGAL & LABOR SERVICES	541100	642,396	642,396
c	MTSUIP (UNEMPLOYMENT P	561000	463,157	463,157
d	WORKSHOPS & MCEL CONVE	611600	344,667	344,667
e	POLICY SERVICES & ADMI	541900	323,596	323,596
f	All other program service revenue.		357,638	357,638
g	Total. Add lines 2a–2f .....		4,558,212

3 Investment income (including dividends, interest, and othersimilar amounts) ......			332,094			332,094
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			409,412			409,412
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b		1,007
c	Gain or (loss)	7c		-1,007
d	Net gain or (loss).........			-1,007			-1,007
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	REIMBURSED PROGRAM EXP		611600	15,750	15,750
b	REIMBURSED TRAVEL EXPE		611600	14,213	14,213
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			29,963
12	Total revenue. See instructions.....			6,463,308	4,588,175	0	740,499

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	1,220,972	846,079	374,893
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	591,533	479,508	112,025
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	54,766	44,394	10,372
9	Other employee benefits .......	448,199	363,319	84,880
10	Payroll taxes ...........	110,186	83,314	26,872
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	27,574		27,574
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......	4,670	4,670
14	Information technology ......	252,461	223,743	28,718
15	Royalties ..
16	Occupancy ...........	66,018		66,018
17	Travel ............
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	245,250	12,878	232,372
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	133,149	46,661	86,488
23	Insurance ...	28,703	9,989	18,714
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	MSGIA PROGRAM	2,426,758	2,426,758
b	MTSUIP PROGRAM	463,157	463,157
c	ASSOCIATION DUES	61,750	4,000	57,750
d	REIMB TRAVEL, MEETING,	29,045	14,213	14,832
e	All other expenses	47,096	26,572	20,524
25	Total functional expenses. Add lines 1 through 24e	6,211,287	5,049,255	1,162,032	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........				1
2	Savings and temporary cash investments .........			6,366,479	2	6,884,232
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			287,585	4	287,428
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			101,496	9	382,302
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	4,548,025
b	Less: accumulated depreciation	10b	1,442,000	2,996,469	10c	3,106,025
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			656,630	15	772,454
16	Total assets. Add lines 1 through 15 (must equal line 33)...			10,408,659	16	11,432,441

17	Accounts payable and accrued expenses .....	1,700,001	17	2,359,178
18	Grants payable ...		18
19	Deferred revenue .........	810,300	19	808,681
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D	393,814	21	392,193
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	656,630	25	772,454
26	Total liabilities. Add lines 17 through 25..	3,560,745	26	4,332,506

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	6,847,914	27	7,099,935
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	6,847,914	32	7,099,935
33	Total liabilities and net assets/fund balances ........	10,408,659	33	11,432,441