Ohio School Boards Association Group Health Plan Trust EIN 27-1428733

Ohio School Boards Association Group Health Plan Trust

EIN  27-1428733 Mutual-benefit / member-serving Columbus, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Pays for retired school employees' healthcare after they leave work.
Leadership
Kathryne McFarland · Trustee
Money in and out
$89K revenue, $172K expenses
Bottom line
-93% surplus margin

Pays for retired school employees' healthcare after they leave work. For fiscal year 2024 it reported $89K in revenue, $172K in expenses, and $909K in net assets.Pt I

Reported financial activity · FY2024
Total revenue
$89K
Pt VIII · Ln 12
Total expenses
$172K
Pt IX · Ln 25
Net assets
$909K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$83K
Surplus margin
-93%
revenue over expenses, this year▲ +36% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$89K
FY2024▲ +40%
Expenses
$172K
FY2024▲ +10%
Total assets
$909K
FY2024▼ -7%
Total liabilities
$0
FY2024
Total revenue
$89K
Pt VIII · Ln 12
Total expenses
$172K
Pt IX · Ln 25
Net assets
$909K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$83K
Total assetsPt X · Ln 16$909K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Providing payments for eligible staff members' post-retirement health care benefits.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COhio School Boards Association Group Health Plan Trust
EINHdr · item D27-1428733
Principal addressHdr · item CColumbus, OH
WebsiteHdr · item Jwww.ohioschoolboards.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(9) · active
NTEE classificationIRS BMFMutual/Membership (Y43)
Ruling yearIRS BMFAug 2010

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
See Ohio School Boards Association Group Health Plan Trust executive salaries →

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Statement of Revenue

Part VIII
Investment income$63K · 71%
Program service revenue$26K · 29%
Investment income71%$63K
Program service revenue29%$26K
Total revenueLn 12$89K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$909K
Total liabilitiesLn 26$0
Total net assetsLn 32$909K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $909K · Operating expenses/yr $172K
63.6 months
Where the money goes
Program services
Program services — · Total expenses $172K
Management & General
Management & general — · Total expenses $172K
Fundraising
Fundraising — · Total expenses $172K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $89K
0%
Government reliance
Government grants — · Total revenue $89K
Earned-income share
Program service revenue $26K · Total revenue $89K
29%
Investment reliance
Investment income $63K · Total revenue $89K
+71%
Program self-sufficiency
Program service revenue $26K · Total expenses $172K
15%
Growth & trend
Revenue growth (YoY)
This year $89K · Prior year $64K
+40%
Revenue CAGR
FY2020 $50K · FY2024 $89K
+15%
Net-asset trend (YoY)
End of year $909K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $89K · Expenses $172K
-93%
Liabilities-to-Assets
Total liabilities — · Total assets $909K
Net-asset ratio
Net assets $909K · Total assets $909K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $909K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $909K
100%
People & payroll
Highest Reported Total Compensation
Individual Kathryne McFarland · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $172K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $172K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 40%
Investment management fee ratio 0%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$89K revenue · viewing · ⤓ 990 PDF
FY2023$64K revenue · ⤓ 990 PDF
FY2022$111K revenue · ⤓ 990 PDF
FY2021$79K revenue · ⤓ 990 PDF
FY2020$50K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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