School Administrators Special Services FY2023 filing

Not tax-deductible

Sacramento, CAMutual-benefit / member-servingSince 1973EIN 94-2210742Revenue $53K in FY2023

On file with the IRSasca.org1029 J St Ste 500, 95814-2814 · Sacramento, CATax-exempt since Jun 1983

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To provide assistance to members obtaining group insurance and Special group Services. Sass administers these programs and receives support from member service fees and administrative fees.

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $301K a year · 87% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
43 mo
of spending, in cash
Looks good: 42.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.4M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
57% of total assets
Fine: liabilities are 57% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$53K
-40% vs prior year
Spent
$40K
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$53K
FY2023▼ -40%
Tap a bar for its year
Revenue by fiscal year
FY2020$79K
FY2021$144K
FY2022$89K
FY2023$53K
FY2024$1.7M
FY2025$0
Expenses
$40K
FY2023▼ -42%
Tap a bar for its year
Expenses by fiscal year
FY2020$66K
FY2021$70K
FY2022$69K
FY2023$40K
FY2024$32K
FY2025$0
Net assets
$1.1M
FY2023▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$837K
FY2021$1.3M
FY2022$876K
FY2023$1.1M
FY2024$2.8M
FY2025$11K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

33 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
Chief Operating Officer (thru 8/22)
$0Pt VII · Sec A
Deputy Executive Director
$0Pt VII · Sec A
Chief Financial Officer (thru 5/22)
$0Pt VII · Sec A
CFO (from 6/23)
$0Pt VII · Sec A
President
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See School Administrators Special Services executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps members secure group insurance, access special group services, and benefit from a managed investment portfolio.

Questions for School Administrators Special Services

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Provided by the organization

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2 programs · in their own filed words · FY2022
01

Insurance

To provide members with assistance obtaining group insurancepolicies and special group services.

Pt IX · col B
02

Investments

To manage an investment portfolio for the benefit ofmembers.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$1.4M

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$53K
Ln 12
Investment incomeLn 3$53K
Money outPt IX
$40K
Ln 25
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$143K
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
33
listed · VII A
PaidVII A0
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$53K
Total revenueLn 12$53K
Assets in detailPt X, end of year
CashLn 1$35K
SavingsLn 2$109K
Cash and savings togetherLn 1–2$143K
InvestmentsLn 11–13$2.3M
Total assetsLn 16$2.5M
LiabilitiesLn 26$1.4M
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 628
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$29K$143K
InvestmentsLn 11–13$2.2M$2.3M
Total assetsLn 16$2.2M$2.5M
LiabilitiesLn 26$1.4M$1.4M
Net assetsLn 32$876K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$200
InsuranceLn 23$40K
Total functional expensesLn 25$40K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $0$0$0$11K 990 PDF
FY2024 $1.7M$32K$1.7M$2.8M 990 PDF
FY2023 Viewing $53K$40K$13K$1.1M 990 PDF
FY2022 $89K$69K$20K$876K 990 PDF
FY2021 $144K$70K$73K$1.3M 990 PDF
FY2020 $79K$66K$12K$837K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $53,249 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $89,052$53,249
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $89,052$53,249
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $69,168$40,213
I-18 Total expensesPrior year $69,168$40,213
I-19 Revenue less expensesPrior year $19,884$13,036
Part VI · Governance 28 of 28 board members independent, 1 to look at
VI-1a Voting members of the governing body28
VI-1b Independent voting members28
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $53,249 across 2 lines filed
VIII-3 Investment incomeExcluded from tax $53,249$53,249
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $53,249$53,249
Part IX · Statement of functional expenses $40,213 across 2 lines filed
IX-13 Office expenses$200
IX-23 Insurance$40,013
IX-25 Total functional expenses$40,213
Part X · Balance sheet $2,485,413 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $29,156$34,733
X-2 Savings and temporary cash investments$108,666
X-11 Publicly traded securitiesStart of year $2,214,638$2,342,014
X-16 Total assetsStart of year $2,243,794$2,485,413
X-25 Other liabilitiesStart of year $1,363,850$1,413,852
X-26 Total liabilitiesStart of year $1,368,061$1,413,852
X-32 Total net assets or fund balancesStart of year $875,733$1,071,561
X-33 Total liabilities and net assetsStart of year $2,243,794$2,485,413
Part XI · Reconciliation of net assets $1,071,561 net assets at year end
XI-1 Total revenue$53,249
XI-2 Total expenses$40,213
XI-3 Revenue less expenses$13,036
XI-4 Net assets at start of year$875,733
XI-5 Net unrealized gains (losses) on investments$182,792
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,071,561

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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