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Kentucky School Boards Insurance Trust

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$7.37M (2023)

Expenses
$1.23M (2023)

Total Assets
$10.7M (2023)

Total Liabilities
$149k (2023)

Years with multiple filings
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,367,845
Expenses
$1,225,612
Net Income
$6,142,233
Net Assets
$10,556,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,038,095
95.5%
Investment Income $329,750
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,705,064
Total Liabilities $148,850
Net Assets $10,556,214
Compensation
Key Employees and Officers Compensation Related Other
Pamela Morehead (Chair Elect) $0 $0 $0
Brandon Rutherford (Nominee) $0 $0 $0
Davonna Page (Past Chair) $0 $0 $0
Thomas Bland (Nominee) $0 $0 $0
Chris Mcintyre (Trustee) $0 $0 $0
David Hall (Nominee) $0 $0 $0
Karen Byrd (Chair) $0 $0 $0
Michael Rowe (Nominee) $0 $0 $0
Mark Thomas (Nominee) $0 $0 $0
Kerri Schelling (Ksba Executive Director) $0 $0 $0
Steve Smith (Ksba Chief Financial Offic) $0 $163,634 $23,920

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,165,748
Expenses
$1,949,063
Net Income
$5,216,685
Net Assets
$7,947,612
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,974,671
97.3%
Investment Income $191,077
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,195,507
Total Liabilities $1,247,895
Net Assets $7,947,612
Compensation
Key Employees and Officers Compensation Related Other
Ronnie Holmes (Past President) $0 $0 $0
Dennis Smith (Trustee) $0 $0 $0
Davonna Page (President) $0 $0 $0
Keith Haynes (Trustee) $0 $0 $0
Chris Mcintyre (Trustee) $0 $0 $0
Larry Dodson (Trustee) $0 $0 $0
Karen Byrd (President Elect) $0 $0 $0
Ramona Malone (Trustee) $0 $0 $0
Taylora Schlosser (Trustee) $0 $0 $0
Kerri Schelling (Ksba Executive Director) $0 $0 $0
Steve Smith (Ksba Chief Financial Offic) $0 $9,201 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,954,916
Expenses
$1,965,389
Net Income
$4,989,527
Net Assets
$8,977,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,727,557
96.7%
Investment Income $227,359
3.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,762,236
Total Liabilities $784,383
Net Assets $8,977,853
Compensation
Key Employees and Officers Compensation Related Other
Ronnie Holmes (Past President) $0 $0 $0
Dennis Smith (Trustee) $0 $0 $0
Davonna Page (President) $0 $0 $0
Keith Haynes (Trustee) $0 $0 $0
Chris Mcintyre (Trustee) $0 $0 $0
Larry Dodson (Trustee) $0 $0 $0
Karen Byrd (President Elect) $0 $0 $0
Ramona Malone (Trustee) $0 $0 $0
Taylora Schlosser (Trustee) $0 $0 $0
Kerri Schelling (Ksba Executive Director) $0 $0 $0
Steve Smith (Ksba Chief Financial Offic) $0 $8,782 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,732,111
Expenses
$614,386
Net Income
$6,117,725
Net Assets
$10,382,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,514,690
96.8%
Investment Income $217,421
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,555,524
Total Liabilities $172,690
Net Assets $10,382,834
Compensation
Key Employees and Officers Compensation Related Other
David Webster (Past President) $0 $0 $0
Dennis Smith (Trustee) $0 $0 $0
Ronnie Holmes (President) $0 $0 $0
Keith Haynes (Trustee) $0 $0 $0
Chris Mcintyre (Trustee) $0 $0 $0
Larry Dodson (Trustee) $0 $0 $0
Davonna Page (President Elect) $0 $0 $0
Ramona Malone (Trustee) $0 $0 $0
Taylora Schlosser (Trustee) $0 $0 $0
Kerri Schelling (Ksba Executive Director) $0 $0 $0
Steve Smith (Ksba Chief Financial Offic) $0 $9,045 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,096,186
Expenses
$2,097,954
Net Income
$4,998,232
Net Assets
$9,141,473
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,877,104
96.9%
Investment Income $219,082
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,708,039
Total Liabilities $566,566
Net Assets $9,141,473
Compensation
Key Employees and Officers Compensation Related Other
David Webster (Past President) $0 $0 $0
Dennis Smith (Trustee) $0 $0 $0
Ronnie Holmes (President) $0 $0 $0
Keith Haynes (Trustee) $0 $0 $0
Chris Mcintyre (Trustee) $0 $0 $0
Larry Dodson (Trustee) $0 $0 $0
Davonna Page (President Elect) $0 $0 $0
Ramona Malone (Trustee) $0 $0 $0
Taylora Schlosser (Trustee) $0 $0 $0
Kerri Schelling (Ksba Executive Director) $0 $0 $0
Steve Smith (Ksba Chief Financial Offic) $0 $10,209 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,192,463
Expenses
$2,730,507
Net Income
$4,461,956
Net Assets
$8,106,485
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,970,348
96.9%
Investment Income $222,115
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,038,057
Total Liabilities $931,572
Net Assets $8,106,485

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,206,148
Expenses
$2,729,588
Net Income
$4,476,560
Net Assets
$8,387,686
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,015,885
97.4%
Investment Income $190,263
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,271,678
Total Liabilities $883,992
Net Assets $8,387,686

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$870,803
Expenses
$2,401,750
Net Income
-$1,530,947
Net Assets
$7,874,619
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $776,259
89.1%
Investment Income $94,778
10.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$234
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,923,282
Total Liabilities $1,048,663
Net Assets $7,874,619

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,126,516
Expenses
$3,101,940
Net Income
$4,024,576
Net Assets
$13,893,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,003,861
98.3%
Investment Income $193,361
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$70,706
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,479,240
Total Liabilities $585,497
Net Assets $13,893,743

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,700,492
Expenses
$3,714,303
Net Income
$3,986,189
Net Assets
$9,668,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,492,441
97.3%
Investment Income $216,504
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$8,453
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,279,289
Total Liabilities $610,929
Net Assets $9,668,360
Compensation
Key Employees and Officers Compensation Related Other
Durward Narramore (President) $0 $0 $0
Tom Blankenship (Immediate Past President) $0 $0 $0
Allen Kennedy (President Elect) $0 $0 $0
Jina Greathouse (Trustee) $0 $0 $0
William Lovell (Trustee) $0 $0 $0
John Price (Trustee) $0 $0 $0
William Redwine (Trustee) $0 $0 $0
Gary Wiseman (Trustee) $0 $0 $0
Brian Decker (Trustee) $0 $0 $0
Ricky Line (Trustee) $0 $0 $0
David Baird (Interim Executive Director) $0 $71,201 $26,278
Mike Armstrong (Executive Director) $0 $20,377 $7,110
Steve Smith (Chief Financial Officer) $0 $103,260 $36,938

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,406,134
Expenses
$8,572,760
Net Income
$833,374
Net Assets
$15,561,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,899,221
94.6%
Investment Income $246,991
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $259,922
2.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,063,953
Total Liabilities $502,226
Net Assets $15,561,727
Compensation
Key Employees and Officers Compensation Related Other
Donovan Blackburn (Vice Chairman/Trustee) $0 $0 $0
Tom Blankenship (Immediate Past President O) $0 $0 $0
John Price (Trustee) $0 $0 $0
Bill Redwine (Trustee) $0 $0 $0
Durwood Narramore (Chair/President Of Ksba/Tr) $0 $0 $0
William Lovell (Trustee) $0 $0 $0
Brian Decker Cpa (Trustee) $0 $0 $0
Ricky Line (Trustee) $0 $0 $0
Gary Wiseman (Trustee) $0 $0 $0
Jina Greathouse (Trustee) $0 $0 $0
Allen Kennedy (Trustee/President Elect) $0 $0 $0
Mayor Bill Dieruf (Trustee) $0 $0 $0
Mayor Troy Rudder (Trustee) $0 $0 $0
Mayor James Hamberg (Trustee) $0 $0 $0
Mayor Lynn Jones (Trustee) $0 $0 $0
Mayor Rhonda Trautman (Trustee) $0 $0 $0
Mayor Bill Wells (Trustee) $0 $0 $0
Mayor Martin Voiers (Trustee) $0 $0 $0
Mayor Ed Burtner (Trustee) $0 $0 $0
David Baird (Interim Executive Director) $0 $76,114 $25,401
Steve Smith (Chief Financial Officer) $0 $98,788 $38,575
Bill Scott (Immediate Past Executive Director) $0 $102,405 $31,998

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,470,166
Expenses
$32,498,409
Net Income
-$5,028,243
Net Assets
-$30,595,386
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,714,587
97.2%
Investment Income $556,540
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $198,972
0.7%
Net Inventory Sales $0
Other Revenue $67
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,751,874
Total Liabilities $71,347,260
Net Assets -$30,595,386

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,960,285
Expenses
$48,864,912
Net Income
-$21,904,627
Net Assets
-$15,368,473
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $26,226,847
97.3%
Investment Income $562,104
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $171,293
0.6%
Net Inventory Sales $0
Other Revenue $41
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,523,804
Total Liabilities $53,892,277
Net Assets -$15,368,473

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,852,463
Expenses
$28,104,732
Net Income
-$5,252,269
Net Assets
$4,682,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,110,442
96.8%
Investment Income $780,274
3.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$59,233
Net Inventory Sales $0
Other Revenue $20,980
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,175,227
Total Liabilities $34,492,706
Net Assets $4,682,521

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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