Budget and Finance - American Association Of School Administrators - Brief Article

School Administrator, March, 1999

External Funding

AASA receives substantial resources from external sources through the efforts of the association's development office, which includes the Leadership for Learning Foundation, and through grants and contracts. The association receives more than a million dollars in actual contracts, sponsorships, contributions, licensing agreements and strategic alliances and partnerships.

External sources providing support in 1998 for AASA's four major initiatives included:

Improving the Conditions of Children and Youth

* Centers for Disease Control grant to develop a national consensus plan on teen-age pregnancy prevention.

* Center for Disease Control Division of Adolescent and School Health grant to offer an AASA comprehensive school health education initiative.

* Environmental Protection Agency grant to extend indoor air quality resources to school systems.

21st Century Schools

* AMP Inc. and the Electric Power Research Institute to help fund a project titled, "Preparing Schools and School Systems for the 21st Century."

* Compaq Computer Corp. to operate the Technology Efficient District-Technical Assistance Center (TED-TAC).

Leadership

* The ServiceMaster Co., sponsor of the annual National Superintendent of the Year program administered by AASA since 1988.

* Sallie Mae, sponsor of AASA's First-Year Teacher Awards since 1985, recognizing one outstanding first-year teacher from each state.

* TIAA-CREF, co-sponsor of the AASA Leadership for Learning Awards since 1994, which honor innovative programs.

Connecting Schools and Communities

* Corporation for National Service to facilitate partnerships among schools, volunteers and young people.

* Discover Card to make possible the Discover Card Tribute Awards program.

* Family Education Network to help AASA promote computer links between schools and communities.

* Panasonic Foundation to provide members with regular issues of the Strategies newsletter.

AASA Statement of Activities
(for year ending Sept. 30, 1998)
Total Revneue of $10,379,142 consisted of revenue from the
following categories:
                                   Temporarily
                     Unrestricted  Restricted      Total
Membership Dues       $2,872,559        -        $2,872,559
Convention Revenues    2,642,420        -         2,642,420
Grants & Contracts     1,548,207     121,204      1,669,411
Publication Sales        594,603        -           594,603
Investment Income        144,256        -           144,256
Other                  2,455,893        -         2,455,893
Net Assets Released
 From Restrictions        18,207    (18,207)         -
Total Revenue        $10,276,145    $102,997    $10,379,142
Total Expenses of $9,378,383 consisted of expenses from the
following categories:
                                       Temporarily
                         Unrestricted  Restricted     Total
Program Services
Professional Excellence   $1,841,810        -       $1,841,810
Communications             1,606,439        -        1,606,439
Grants 6 Contracts         1,115,874                 1,115,874
Governance                   432,598        -          432,598
Supporting Services
Management Services        4,087,045        -        4,087,045
Foundation Fund              294,617        -          294,617
Total Expenses            $9,378,383        -       $9,378,383
Changes In Net Assets       $897,762    $102,997    $1,000,759
Net Assets
Beginning, as
previousiy reported       $1,904,056     $22,207    $1,926,263
Prior period adjustment      112,330        -          112,330
Beginning, as restated     2,016,386      22,207    $2,038,593
Ending                    $2,914,148    $125,204    $3,039,352
The audited financial statements are avialable upon written
request to AASA, Attn: Thuan Huynh, 1801 North Moore St.,
Arlington, Va. 22209-1813.
The 1997-1998 audit is pending review by the AASA Executive
Committee prior to the Delegate Assembly on Feb. 22, 1999.