2024-05-01T10:28:06-05:00 2023-06-30 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS RD STE 1500 RALEIGH NC 27609 990 2022-07-01 522206491 THE ASSOCIATION OF BOARDING SCHOOLS ASSO 8282585354 1 NORTH PACK SQUARE 301 ASHEVILLE NC 28801 SUSAN BALDRIDGE EXECUTIVE DIRECTOR 8282585354 2024-05-01 1 SUSAN BALDRIDGE 999009999 0 J CALVIN MARKS P01226973 9197196400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUSAN BALDRIDGE 1 NORTH PACK SQUARE 301 ASHEVILLE NC 28801 3562669 0 X WWW.BOARDINGSCHOOLS.COM X 1999 VA PROMOTING AWARENESS OF BOARDING SCHOOLS. 20 19 13 70 195000 0 541111 0 2558872 3344139 -695 0 205869 218530 3305157 3562669 2600 0 0 0 1793946 1958390 0 0 0 1163739 1480198 2960285 3438588 344872 124081 2223734 2543500 1387048 1672631 836686 870869 X TO PROMOTE AWARENESS AND UNDERSTANDING OF BOARDING SCHOOLS, EXPAND THE APPLICANT POOL FOR MEMBER INSTITUTIONS, AND OFFER TRAINING, RESEARCH, GUIDANCE, AND SUPPORT ON ALL ISSUES PERTAINING TO THE RESIDENTIAL SCHOOL EXPERIENCE. 0 0 764750 1667081 THE ASSOCIATION OF BOARDING SCHOOLS ("TABS") PROVIDES PROFESSIONAL LEARNING, TIMELY DATA, AND STRATEGIC INSIGHTS TO OVER 200 BOARDING SCHOOLS THROUGHOUT NORTH AMERICA AND AROUND THE WORLD. MEMBER BENEFITS ARE DELIVERED VIA IN-PERSON EVENTS, VIRTUAL GATHERINGS AND WEBINARS, AND THROUGH THE TABS.ORG WEBSITE. THE ORGANIZATION ALSO WORKS TO PUBLICIZE MEMBER SCHOOLS TO PROSPECTIVE FAMILIES AND STUDENTS AROUND THE WORLD VIA ITS BOARDINGSCHOOLS.COM WEBSITE. 551418 361170 PROFESSIONAL LEARNING OFFERINGS INCLUDE THE FLAGSHIP ANNUAL CONFERENCE WHICH HOSTS APPROXIMATELY 800 ATTENDEES FOR SESSIONS AND KEYNOTES ON TOPICS OF RELEVANCE TO BOARDING SCHOOLS. TABS ALSO OFFERS A CREDENTIAL PROGRAM FOR BOARDING SCHOOL PROFESSIONALS, HIGHLIGHTING THE KNOWLEDGE AND SKILLS THAT ARE FOUNDATIONAL TO THOSE WHO WORK WITH STUDENTS IN A RESIDENTIAL SETTING. ADDITIONAL PROFESSIONAL LEARNING OCCURS THROUGH IN-PERSON EVENTS AND WORKSHOPS FOR SPECIFIC AUDIENCES (E.G., RESIDENTIAL LIFE LEADERS, DEI PRACTITIONERS), WEBINARS, AND RESEARCH AND DATA REPORTS. 431423 270090 TABS ALSO OFFERS ANNUAL STUDENT RECRUITMENT FAIRS IN VARIOUS INTERNATIONAL (I.E., NON-NORTH AMERICA) LOCATIONS. THESE FAIRS PROVIDE PROFESSIONAL DEVELOPMENT FOR ADMISSIONS AND ENROLLMENT PROFESSIONALS, BRINGING THEM INTO CONTACT WITH PROSPECTIVE FAMILIES AND STUDENTS, AND AGENTS AND EDUCATIONAL CONSULTANTS, AND PROVIDING CRITICAL CULTURAL BACKGROUND AND MARKET BRIEFINGS RELEVANT TO EACH LOCATION. 377883 439448 ANNUAL CONFERENCE 377883 439448 2125474 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 19 0 1 13 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SUSAN WAYLAND 8282585354 1 NORTH PACK SQUARE STE 301 ASHVILLE NC 28801 BRETT FUHRMAN VP, FINANCE & OPERATIONS (OUTGOING FY23) 40.00 X 179746 0 33015 EMILY BREITE SR. VP, MEMBER LEARNING & ENGAGEMENT 40.00 X 181684 0 28026 ANNE LUNDAHL VP, BRAND COMMUNICATIONS 40.00 X 156118 0 29255 PETER UPHAM EXECUTIVE DIRECTOR (OUTGOING FY23) 40.00 X X 157077 0 26251 SUSAN BALDRIDGE EXECUTIVE DIRECTOR (INCOMING FY23) 40.00 X X 152654 0 16031 MICHAEL SHAVER VP, MARKETING & INFORMATION MANAGEMENT 40.00 X 138800 0 23310 DANIEL GENTLE ASSOCIATE VP, SPONSOR RELATIONS & DEVELOPMENT 40.00 X 119375 0 28278 ALEX CURTIS CO-CHAIR 3.00 X X 0 0 0 SUZANNE WALKER-BUCK CO-CHAIR 3.00 X X 0 0 0 INNES VAN NOSTRAND VICE-CHAIR 3.00 X X 0 0 0 CHRISTOPHER SEELEY SECRETARY 3.00 X X 0 0 0 HEIDI VANDERBILT-BROWN TREASURER 3.00 X X 0 0 0 PETER BECKER TRUSTEE 1.00 X 0 0 0 MICHAEL BERGIN TRUSTEE 1.00 X 0 0 0 MARGARET BRADLEY TRUSTEE 1.00 X 0 0 0 GREG BUCKLES TRUSTEE (OUTGOING FY23) 1.00 X 0 0 0 JULIE FAULSTICH TRUSTEE (OUTGOING FY23) 1.00 X 0 0 0 LINDA CARTER-GRIFFITH TRUSTEE (INCOMING FY23) 1.00 X 0 0 0 JILL HUTCHINS TRUSTEE 1.00 X 0 0 0 PAMELA JORDAN TRUSTEE 1.00 X 0 0 0 ED KIDD TRUSTEE (INCOMING FY23) 1.00 X 0 0 0 JEFF LEAHY TRUSTEE 1.00 X 0 0 0 ERBY MITCHELL TRUSTEE 1.00 X 0 0 0 ERIKA PRAHL TRUSTEE 1.00 X 0 0 0 LAWRENCE SAMPLETON TRUSTEE 1.00 X 0 0 0 ANTHONY SGRO TRUSTEE 1.00 X 0 0 0 JODY REILLY SOJA TRUSTEE 1.00 X 0 0 0 BEN WILLIAMS TRUSTEE 1.00 X 0 0 0 1085454 0 184166 7 0 1 0 0 DUES & REGISTRATIONS 900099 1667081 1667081 CONFERENCE REGISTRATIO 900099 1045798 439448 606350 WORKSHOPS & SEMINARS 900099 361170 361170 INTERNATIONAL TRAVEL 900099 270090 270090 3344139 MANAGEMENT FEES 900099 195000 195000 23530 23530 218530 3562669 2737789 195000 629880 345947 219420 126527 1200309 773141 427168 109768 58746 51022 193301 103452 89849 109065 70763 38302 911 911 22605 22605 580927 421225 159702 192496 154944 37552 70540 14311 56229 152892 55156 97736 124877 120341 4536 124351 51159 73192 13327 5388 7939 30088 30088 25192 2500 22692 HONORARIUM 56915 56812 103 OPERATING LEASE EXPENSE 31436 31436 DUES & SUBSCRIPTIONS 8025 19 8006 FINANCE LEASE EXPENSES 2646 2646 42970 18097 24873 3438588 2125474 1313114 0 1597602 2031057 1989 2292 90815 62773 101711 99084 6020 2627 495543 402645 27563 869 4202 41237 2223734 2543500 60714 112559 1326334 1534455 0 25617 1387048 1672631 X 836686 870869 836686 870869 2223734 2543500 124081 -89898 0 X 0 1 X 1 0 X 12000 396603 541111 949714 5116381 4545738 2585224 2065010 2737789 17050142 346687 541482 342565 493862 606350 2330946 5475068 5087220 3324392 3099983 3344139 20330802 12000 17000 29000 0 12000 17000 29000 20301802 50546 18098 68644 50546 18098 68644 86032 86032 2107 6075 8023 10869 23530 50604 5527721 5111393 3418447 3110852 3367669 20536082 0.98860 0.98650 0.00330 0.00570 X 5260 5260 0 96451 93824 2627 2627 INVESTMENT IN TABS INSURANCE, INC. 402645 F 402645 LEASE LIABILITY - OPERATING LEASES 19678 LEASE LIABILITY - FINANCE LEASES 5939 25617 X PART X, LINE 2: THE ORGANIZATION BELIEVES THAT ITS FEDERAL INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE TO ITS FINANCIAL POSITION. EAST ASIA AND THE PACIFIC 0 3 PROGRAM SERVICES BOARDING SCHOOL FAIRS BRING AWARENESS AND UNDERSTANDING OF BOARDING SCHOOLS AND EXPAND THE APPLICANT POOL FOR MEMBER INSTITUITIONS. 152000 EUROPE 0 1 PROGRAM SERVICES REMOTE EMPLOYEE LOCATION TO PROMOTE AWARENESS AND UNDERSTANDING OF BOARDING SCHOOLS AND EXPAND THE APPLICANT POOL FOR MEMBER INSTITUITIONS. 190000 NORTH AMERICA 0 1 PROGRAM SERVICES VIRTUAL TOURS TO PROMOTE AWARENESS AND UNDERSTANDING OF BOARDING SCHOOLS AND EXPAND THE APPLICANT POOL FOR MEMBER INSTITUITIONS. 25000 SOUTH AMERICA 0 0 PROGRAM SERVICES REMOTE EMPLOYEE LOCATION TO PROMOTE AWARENESS AND UNDERSTANDING OF BOARDING SCHOOLS AND EXPAND THE APPLICANT POOL FOR MEMBER INSTITUITIONS. 7000 0 5 0 0 0 5 374000 0 374000 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X X X X 0 0 0 0 0 0 0 0 0 BRETT FUHRMAN VP, FINANCE & OPERATIONS (OUTGOING F 178946 0 800 0 0 0 9450 0 23565 0 212761 0 0 0 EMILY BREITE SR. VP, MEMBER LEARNING & ENGAGEMENT 180884 0 800 0 0 0 9250 0 18776 0 209710 0 0 0 ANNE LUNDAHL VP, BRAND COMMUNICATIONS 147818 0 8300 0 0 0 7650 0 21605 0 185373 0 0 0 PETER UPHAM EXECUTIVE DIRECTOR (OUTGOING FY23) 157077 0 0 0 0 0 8118 0 18133 0 183328 0 0 0 SUSAN BALDRIDGE EXECUTIVE DIRECTOR (INCOMING FY23) 152654 0 0 0 0 0 7633 0 8398 0 168685 0 0 0 MICHAEL SHAVER VP, MARKETING & INFORMATION MANAGEME 138000 0 800 0 0 0 6900 0 16410 0 162110 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS COMPILED IN DRAFT FORM AND SUBMITTED TO THE INTERIM CHIEF FINANCIAL OFFICER FOR INITIAL REVIEW AND COMMENT PERIOD. ONCE REVIEWED IT IS PROVIDED TO THE EXECUTIVE DIRECTOR FOR REVIEW AND COMMENT. ONCE IT IS APPROVED INTERNALLY, IT IS PROVIDED TO THE FULL BOARD OF TRUSTEES AND SCHEDULED ON THE AGENDA OF THE AUDIT COMMITTEE FOR REVIEW, DISCUSSION, AND APPROVAL. ONCE APPROVED IN FINAL FORM BY THE AUDIT COMMITTEE IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND TRUSTEES ARE REQUIRED TO COMPLETE AND SIGN A FORM INDICATING ANY POSSIBLE CONFLICTS OF INTEREST TO WHICH THEY ARE AWARE THE ORGANIZATION ANNUALLY MONITORS AND RE VIEWS ITS BUSINESS RELATIONSHIPS TO IDENTIFY POSSIBLE CONFLICTS OF INTEREST ON THE PART OF OFFICERS AND TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY OF THE EXECUTIVE DIRECTOR OF THE ORGANIZATION IS SET IN LIGHT OF COMPARABILITY DATA, ESTABLISHED THROUGH WRITTEN CONTRACT, AND APPROVED BY THE FULL BOARD IN EXECUTIVE SESSION. THE ONLY COMPENSATED OFFICER IS THE EXECUTIVE DIRECTOR. OTHER SENIOR MANAGERS WORK UNDER ANNUAL CONTRACTS AT THE PLEASURE OF THE EXECUTIVE DIRECTOR, TO WHICH THE EXECUTIVE DIRECTOR ESTABLISHES THEIR COMPENSATION ON THE BASIS OF THE PREVAILING MARKET AND INDIVDIUAL JOB PERFORMANCE. THE EXECUTIVE DIRECTOR'S COMPENSATION WAS LAST REVIEWED IN JUNE 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEME NTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS ADMINISTRATIVE OFFICE OR BY MAIL, FAX, OR EMAIL REQUEST. TABS LLC 1 NORTH PACK SQUARE SUITE 301 ASHEVILLE NC 28801 202619394 RENTAL REAL ESTATE VA 0 0 THE ASSOCIATION OF BOARDING SCHOOLS TABS INSURANCE INC 1 NORTH PACK SQUARE SUITE 301 ASHEVILLE NC 28801 814551728 CAPTIVE INSURANCE NC THE ASSOCIATION OF BOARDING SCHOOLS C 1998178 429720 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 TABS INSURANCE INC L 195000 FAIR MARKET VALUE