Civic Intelligence

Vermont School Boards Association

EIN 03-0211383 • 501(c)3 • Montpelier, VT

View Organization Page

Profile

Educational association for school boards.

2 Prospect Street 4Montpelier, VT 05602

www.vtvsba.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.03x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

37th percentile

0.03x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

46th percentile

2.8%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

88th percentile

$187,906

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

61st percentile

7.6%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

60th percentile

14%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$837,760

Up $59,345 (+7.6%) from 2024

Liabilities

Up

$28,450

Up $4,439 (+18%) from 2024

Net Assets

Up

$809,310

Up $54,906 (+7.3%) from 2024

Operations
Liabilities / Revenue37th percentileNet Margin46th percentile

Revenue

Up

$1,076,092

Up $132,268 (+14%) from 2024

Expenses

Up

$1,045,487

Up $107,751 (+11%) from 2024

Net Income

Up

$30,605

Up $24,517 (+403%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $373,006Liabilities 2011: $21,197Net Assets 2011: $351,8092011Assets 2012: $366,808Liabilities 2012: $20,100Net Assets 2012: $346,7082012Assets 2013: $319,970Liabilities 2013: $11,961Net Assets 2013: $308,0092013Assets 2014: $283,204Liabilities 2014: $19,608Net Assets 2014: $263,5962014Assets 2015: $313,764Liabilities 2015: $29,011Net Assets 2015: $284,7532015Assets 2016: $466,192Liabilities 2016: $133,264Net Assets 2016: $332,9282016Assets 2017: $422,880Liabilities 2017: $68,258Net Assets 2017: $354,6222017Assets 2018: $366,522Liabilities 2018: $19,322Net Assets 2018: $347,2002018Assets 2019: $374,012Liabilities 2019: $57,646Net Assets 2019: $316,3662019Assets 2020: $489,378Liabilities 2020: $111,001Net Assets 2020: $378,3772020Assets 2021: $601,359Liabilities 2021: $33,384Net Assets 2021: $567,9752021Assets 2022: $646,029Liabilities 2022: $24,826Net Assets 2022: $621,2032022Assets 2023: $738,765Liabilities 2023: $15,201Net Assets 2023: $723,5642023Assets 2024: $778,415Liabilities 2024: $24,011Net Assets 2024: $754,4042024Assets 2025: $837,760Liabilities 2025: $28,450Net Assets 2025: $809,3102025

Highlighted filing

2025

Assets$837,760
Liabilities$28,450
Net Assets$809,310
Open 2025 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $549,261Expenses 2011: $580,255Net Income 2011: -$30,9942011Expenses 2012: $622,3262012Revenue 2013: $586,117Expenses 2013: $612,613Net Income 2013: -$26,4962013Revenue 2014: $662,518Expenses 2014: $695,875Net Income 2014: -$33,3572014Revenue 2015: $845,387Expenses 2015: $823,945Net Income 2015: $21,4422015Revenue 2016: $1,215,893Expenses 2016: $1,166,715Net Income 2016: $49,1782016Revenue 2017: $1,267,992Expenses 2017: $1,243,929Net Income 2017: $24,0632017Revenue 2018: $1,114,078Expenses 2018: $1,119,405Net Income 2018: -$5,3272018Revenue 2019: $945,723Expenses 2019: $971,502Net Income 2019: -$25,7792019Revenue 2020: $857,036Expenses 2020: $783,875Net Income 2020: $73,1612020Revenue 2021: $821,995Expenses 2021: $628,595Net Income 2021: $193,4002021Revenue 2022: $886,161Expenses 2022: $832,933Net Income 2022: $53,2282022Revenue 2023: $889,232Expenses 2023: $786,871Net Income 2023: $102,3612023Revenue 2024: $943,824Expenses 2024: $937,736Net Income 2024: $6,0882024Revenue 2025: $1,076,092Expenses 2025: $1,045,487Net Income 2025: $30,6052025

Highlighted filing

2025

Revenue$1,076,092
Expenses$1,045,487
Net Income$30,605
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$837,760
Liabilities
$28,450
Net assets
$809,310
Revenue
$1,076,092
Expenses
$1,045,487
Net income
$30,605
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.03$0.81$1.08$1.05$0.03
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.02$0.75$0.94$0.94$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.02$0.72$0.89$0.79$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.02$0.62$0.89$0.83$0.05
2021Summary only. Only limited summary data is available for this year.$0.60$0.03$0.57$0.82$0.63$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.11$0.38$0.86$0.78$0.07
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.06$0.32$0.95$0.97$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.02$0.35$1.11$1.12$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.07$0.35$1.27$1.24$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.13$0.33$1.22$1.17$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.03$0.28$0.85$0.82$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$0.66$0.70$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.01$0.31$0.59$0.61$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.35$0.62
2011Summary only. Only limited summary data is available for this year.$0.37$0.02$0.35$0.55$0.58$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 29, 2025
Return Version
2024v5.2
Gross Receipts
$1,225,689
Mission and Program Overview

Mission

Educational association for school boards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$97,653$98,004▲ $351
Prepaid Expenses and Deferred Charges$35,115$37,933▲ $2,818
Accounts Receivable$18,916$11,206▼ $7,710
Land, Buildings, and Equipment, Net$2,358$3,388▲ $1,030
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$778,415$837,760▲ $59,345
Other Assets Total$624,373$687,229▲ $62,856
Liabilities
Other Liabilities$17,574$21,920▲ $4,346
Accounts Payable and Accrued Expenses$6,437$6,530▲ $93
Total Liabilities$24,011$28,450▲ $4,439
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$754,404$809,310▲ $54,906
Total Net Assets Fund Balance$754,404$809,310▲ $54,906
Total Liabilities and Net Assets / Fund Balance$778,415$837,760▲ $59,345

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,388$10,148$13,536
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan CeglowskiExecutive DirectorFT$141,335$46,571$187,906

Board Members and Trustees

NameTitle
Flor Diaz SmithPresident
Mark CloughVice President
Mark KoenigAddison Rep
Suzanne BuckAddison Rep
Melanie VirgilioBennington Rep
Bart BezioCentral Vt Rep
Emily ReynoldsCentral Vt Rep
Meghan MetzlerEast Chitt Rep
Tara ArnesonEast Chitt Rep
Jack MccarthyFranklin Rep
Michael InnersFranklin Rep
Barbara PostmanKingdom N Rep
Gaston BathalonKingdom N Rep
Clayton CargillKingdom S Rep
Linda SmithRutland Rep
Lisa MiserRutland Rep
Jim SalsgiverTreasurer
Laura WilliamsWest Chitt Rep
Martine Larocque GulickWest Chitt Rep
Dan Mac ArthurWindham Rep
Joe WinrichWindham Rep
Nancy RussellWindsor Rep
Neil OdellWindsor Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$1,031,899
Investment Income
$39,193
Other Revenue
$0
All Other Contributions
$5,000
Change in Net Assets
$30,605

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,076,092
Total Revenue per Audited Statements
$1,076,092
Total Revenue per Form 990
$1,076,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$725,488
Other Expenses$319,999
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$290,238$106,064-$396,302
Current Officers, Directors, Trustees, and Key Employees$113,150$41,850-$155,000
Other Employee Benefits$57,312$21,015-$78,327
Fees for Services Other$70,878$536-$71,414
Pension Plan Contributions$37,920$13,904-$51,824
All Other Expenses$24,658$22,728-$47,386
Payroll Taxes$32,220$11,815-$44,035
Occupancy$18,276$6,702-$24,978
Travel$18,260$6,695-$24,955
Other Expenses$13,794$5,058-$18,852
Fees for Services Accounting$5,415$1,985-$7,400
Information Technology$3,027$1,110-$4,137
Depreciation Depletion$1,024$376-$1,400
Total Functional Expenses$805,649$239,838$0$1,045,487

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,045,487
Total Expenses per Audited Statements$1,045,487
Total Expenses per Form 990$1,045,487
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Vacation Payable$21,920
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Members are various school districts throughout the state of vermont”

Form 990, Part VI, Section B, Line 11B

“Fsv provides vsba with return prior to filing to review, the board approves or disapproves of the return and is filed or changed accordingly.”

Form 990, Part VI, Section B, Line 12C

“Policies are distributed to each board member every year.”

Form 990, Part VI, Section C, Line 19

“Upon receiving a request, a copy of the form 990 will be given”

Filing and Contact Details

Filer

Filer Name
Vermont School Boards Association
EIN
03-0211383
Phone
8022233580
Address
2 PROSPECT STREET 4, MONTPELIER, VT 05602

Signing Officer

Name
Sue Ceglowski
Title
Executive Director
Phone
8022233580
Signed
2025-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Ceglowski
Formed
1955
Legal Domicile
Vt
Voting Board Members
23
Independent Board Members
23
Employees
7
Volunteers
23

Preparer

Firm
Fothergill Segale & Valley LLC
Address
143 Barre Street, Montpelier, VT 05602
Preparer
Sheila R Valley CPA
Phone
8022236261
Raw XML AppendixShowing 400 of 681 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0EDUCATIONAL ASSOCIATION FOR SCHOOL BOARDS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt05000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt022728
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IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt039193
IRS990/CYOtherExpensesAmt0319999
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01031899
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DepreciationDepletionGrp/TotalAmt01400
IRS990/Desc0TO PROVIDE ASSISTANCE TO SCHOOL BOARDS THROUGHOUT VERMONT.
IRS990/DescribedInSection501c3Ind0true
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IRS990/EmploymentTaxReturnsFiledInd0true
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IRS990/ExpenseAmt0805649
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01985
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