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← INDEPENDENT SCHOOLS ASSOCIATION OF THE SOUTHWEST

Form 990 for tax year 2024

Filed by INDEPENDENT SCHOOLS ASSOCIATION OF THE SOUTHWEST.

Totals

Total revenue
$1,543,622
Total expenses
$1,481,934
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,483,181
Investment income
$60,441
Other revenue
$0
Total assets, end of year
$2,082,341
Total liabilities, end of year
$135,705
Net assets or fund balances, end of year
$1,946,636
Program services expenses (Part IX)
$1,048,681
Management and general expenses
$433,253
Fundraising expenses
$0
Program service expenses (Part III)
$1,048,681

Program services were 70.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES & ASSE

    total $930,841 · related or exempt $930,841

  • 2b · Program service revenue: REGISTRATION FEES

    total $532,206 · related or exempt $532,206

  • 2c · Program service revenue: SURVEY & JOB BANK

    total $20,134 · related or exempt $20,134

  • 3 · Investment income

    total $60,441 · excluded $60,441

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $385,389 · program services $206,484 · management and general $178,905

  • 7 · Other salaries and wages

    total $301,388 · program services $161,478 · management and general $139,910

  • 8 · Pension plan contributions

    total $63,100 · program services $34,766 · management and general $28,334

  • 9 · Other employee benefits

    total $31,938 · program services $19,577 · management and general $12,361

  • 10 · Payroll taxes

    total $42,996 · program services $26,085 · management and general $16,911

  • 11c · Fees: accounting

    total $17,338 · management and general $17,338

  • 13 · Office expenses

    total $2,359 · program services $1,282 · management and general $1,077

  • 14 · Information technology

    total $34,676 · program services $18,851 · management and general $15,825

  • 16 · Occupancy

    total $14,660 · program services $7,970 · management and general $6,690

  • 17 · Travel

    total $27,848 · program services $27,848

  • 19 · Conferences, conventions and meetings

    total $512,751 · program services $512,751

  • 22 · Depreciation, depletion and amortization

    total $15,146 · program services $8,234 · management and general $6,912

  • 23 · Insurance

    total $6,841 · program services $3,719 · management and general $3,122

  • 24a · Other expenses: BANK FEES & CHARGES

    total $13,149 · program services $12,919 · management and general $230

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $7,255 · program services $3,944 · management and general $3,311

  • 24c · Other expenses: TELEPHONE

    total $4,400 · program services $2,392 · management and general $2,008

  • 24d · Other expenses: BAD DEBT

    total $700 · program services $381 · management and general $319

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,403,432 · end of year $1,997,969

  • 4 · Accounts receivable

    beginning of year $79,739 · end of year $5,343

  • 9 · Prepaid expenses and deferred charges

    beginning of year $36,820 · end of year $41,931

  • 10a · Land, buildings and equipment: cost or other basis

    $223,348

  • 10b · Land, buildings and equipment: accumulated depreciation

    $187,153

  • 10c · Land, buildings and equipment, net

    beginning of year $39,790 · end of year $36,195

  • 15 · Other assets

    beginning of year $903 · end of year $903

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,014 · end of year $5,953

  • 19 · Deferred revenue

    beginning of year $662,819 · end of year $128,849

  • 25 · Other liabilities

    beginning of year $903 · end of year $903

  • 27 · Net assets without donor restrictions

    beginning of year $1,884,948 · end of year $1,946,636

Mission and programs · 2024

Mission

BY PROMOTING THE HIGHEST STANDARDS OF EDUCATIONAL EXCELLENCE AND A SPIRIT OF CONTINUOUS GROWTH, ISAS CHALLENGES AND INSPIRES OUR MEMBER SCHOOLS AS THEY PREPARE STUDENTS FOR PURPOSEFUL AND CONSTRUCTIVE LIVES.

Activities or mission (Part I)

SEE SCHEDULE O FOR A DESCRIPTION OF THE ORGANIZATION'S MISSION

  • INDEPENDENT SCHOOLS ASSOCIATION OF THE SOUTHWEST (ISAS) PROMOTES THE HIGHEST PROFESSIONAL AND ETHICAL STANDARDS OF EDUCATIONAL EXCELLENCE FOR INDEPENDENT SCHOOLS IN THE REGION AND RECOGNIZES BY FORMAL ONGOING ACCREDITATION THOSE SCHOOLS WHICH DEMONSTRATE ADHERENCE TO ITS STANDARDS. ISAS REGULARLY REPORTS ON THE EVALUATION OF MEMBER SCHOOLS AND ON THE ACCREDITATION PROCESS TO STATE COMMISSIONS WHICH HAVE BEEN DELEGATED RESPONSIBILITY FOR INDEPENDENT SCHOOLS WHICH MEET THE STANDARDS OF THE ASSOCIATION ON A CONTINUING BASIS. MEMBER SCHOOLS PROGRESS THROUGH A TEN-YEAR EVALUATION CYCLE. THIS WAS ACCOMPLISHED FOR ELEVEN MEMBER SCHOOLS DURING THE YEAR WITH ONGOING EVALUATION REQUIRED FROM INTERIM REPORTING BY NINE OTHER SCHOOLS. TWO NEW SCHOOLS QUALIFIED FOR MEMBERSHIP IN THE 2024-2025 SCHOOL YEAR. ISAS REPORTED ON MEMBER SCHOOLS TO STATE EDUCATION DEPARTMENTS AS REQUIRED AND SERVED ON COMMISSIONS REPORTING TO STATE EDUCATION DEPARTMENTS IN OTHER STATES AND A NATIONAL ORGANIZATION OF PEER ASSOCIATIONS, THE INTERNATIONAL COUNCIL ADVANCING INDEPENDENT SCHOOL ACCREDITATION.

    Expenses $316,079 · Revenue $950,975

  • INDEPENDENT SCHOOLS ASSOCIATION OF THE SOUTHWEST (ISAS) IDENTIFIES, PRESENTS, AND PROMOTES PROGRAMS AND OPPORTUNITIES FOR THE PROFESSIONAL DEVELOPMENT OF ISAS TEACHERS, ADMINISTRATORS, AND STAFF OF MEMBER SCHOOLS. THE ISAS STAFF REVIEWS THESE PROGRAMS AND EVALUATES PARTICIPATION AND OUTCOMES, MAKING SUGGESTIONS FOR NEW OFFERINGS AND IMPROVEMENTS TO EXISTING CONFERENCES. ISAS CONDUCTED TWO HEADS OF SCHOOL MEETINGS WITH PROFESSIONAL DEVELOPMENT OFFERINGS, AN ADMINISTRATIVE ASSISTANTS CONFERENCE, AN INSTITUTE FOR BEGINNING TEACHERS, A CONFERENCE FOR SCHOOL BUSINESS OFFICERS, A CONFERENCE FOR BOARD CHAIRS OF MEMBER SCHOOLS, A DIVISION HEAD CONFERENCE, A TECHNOLOGY DIRECTORS' CONFERENCE, AN ADMISSIONS CONFERENCE AND AN ART DIRECTORS CONFERENCE.

    Expenses $732,602 · Revenue $532,206

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark Carleton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Field-Marvin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sam Fragomeni

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christopher Gunnin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Cathy Hubbard

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Maura Joyce

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sunny Huckaby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Aaron Fetrow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Julie McLeod

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Nathan Sheldon

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Emma Whitman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Scott Griggs

    EXECUTIVE DIRECTOR

    Total calculated
    $357,526
    From this org
    $318,124
    From related orgs
    $0
    Other
    $39,402
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $315,076
    Bonus
    $0
    Other
    $3,048
    Deferred
    $27,000
    Nontaxable benefits
    $12,402
    Filer's total
    $357,526

  • Katie Leto

    FINANCE DIRECTOR

    Total calculated
    $18,450
    From this org
    $18,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Adam Valenstein

    ACCREDITATION DIRECTOR

    Total calculated
    $127,213
    From this org
    $107,304
    From related orgs
    $0
    Other
    $19,909
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 February 2026
IRS schema version
2024v5.5
Source object
202600489349301555

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