Burt County Economic Development Corporation
Burt County Economic Development Corporation maintains stable operations with volunteer leadership, experiencing asset fluctuations.
EIN: 202742265 · Tekamah, NE · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $49K |
| Program Spending | 85% |
| Net Assets | $199K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Burt County Economic Development Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Burt County Economic Development Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Burt County Economic Development Corporation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $56K and expenses of $49K.
Revenue and Expenses
Burt County Economic Development Corporation reported $56K in revenue and $49K in expenses, a surplus of $7K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Burt County Economic Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $42K (85%) |
Across stored filings, Burt County Economic Development Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Burlington Capital Foundation | Nebraska and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Tekamah, NE nonprofitsCommunity Improvement in Nebraska
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Next Best Actions
Keep the Investigation Moving
Burt County Economic Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Burt County Economic Development Corporation
Burt County Economic Development Corporation (EIN: 202742265) is a nonprofit organization based in Tekamah, NE, classified under NTEE code S41. The organization reported total revenue of $62K and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Burt County Economic Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Burt County Economic Development Corporation is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $49K |
| Surplus / Deficit | +$7K |
| Total Assets | $200K |
| Total Liabilities | $754 |
| Net Assets | $199K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 48.7 months |
Financial Health Grade: A
In 2023, Burt County Economic Development Corporation reported a surplus of $7K with revenue exceeding expenses, holds 48.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Burt County Economic Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.8% | -55.4% | +4.2% |
| 2022 | -1.8% | +88.7% | -6.1% |
| 2021 | +5.2% | -12.2% | +6.3% |
| 2020 | -21.3% | -17.9% | -45.2% |
| 2019 | +26.9% | +27.1% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Burt County Economic Development Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Burt County Economic Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Burt County Economic Development Corporation's IRS 990 filings:
- Significant asset decline from $349,814 in 2019 to $191,536 in 2022 without clear explanation.
- Expenses ($110,129) significantly exceeded revenue ($69,235) in 2022, leading to a net loss.
Strengths
The following positive indicators were identified for Burt County Economic Development Corporation:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Maintains a healthy asset base relative to its annual revenue, currently at $206,915.
- Long filing history (13 filings) demonstrates consistent operation and compliance.
Frequently Asked Questions about Burt County Economic Development Corporation
Is Burt County Economic Development Corporation a legitimate charity?
Burt County Economic Development Corporation (EIN: 202742265) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $62K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Burt County Economic Development Corporation spend its money?
Burt County Economic Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Burt County Economic Development Corporation tax-deductible?
Burt County Economic Development Corporation is registered as a tax-exempt nonprofit (EIN: 202742265). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Burt County Economic Development Corporation's spending goes to programs?
Burt County Economic Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Burt County Economic Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Burt County Economic Development Corporation is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Burt County Economic Development Corporation located?
Burt County Economic Development Corporation is headquartered in Tekamah, Nebraska and files with the IRS under EIN 202742265. It is classified under NTEE code S41.
How many years of IRS 990 filings does Burt County Economic Development Corporation have?
Burt County Economic Development Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $62K in total revenue.
What caused the significant decrease in assets between 2019 ($349,814) and 2022 ($191,536)?
The provided data does not specify the exact reasons for the asset decrease, but it coincides with a period where expenses ($110,129 in 2022) exceeded revenue ($69,235 in 2022).
How does the organization fund its operations given 0% officer compensation?
The organization relies on its revenue streams (e.g., grants, contributions) to cover its operational expenses, with leadership likely serving in a volunteer capacity or through other non-officer compensation arrangements.
What are the primary program activities supported by the organization's expenses?
The NTEE code S41 (Economic Development) suggests activities related to fostering economic growth in Burt County, but specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Burt County Economic Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Burt County Economic Development Corporation's revenue has declined by 19.5%, moving from $70K to $56K. Total assets decreased by 6.8% over the same period, from $214K to $200K. Total functional expenses fell by 14.9%, from $58K to $49K. In its most recent filing year (2023), Burt County Economic Development Corporation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $754 in liabilities against $200K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $49K | $200K | $754 | — | — |
| 2022 | $69K | $110K | $192K | $631 | — | — |
| 2021 | $71K | $58K | $204K | $0 | — | View 990 |
| 2020 | $67K | $66K | $192K | $0 | — | — |
| 2019 | $85K | $81K | $350K | $0 | — | View 990 |
| 2018 | $67K | $64K | $346K | $0 | — | View 990 |
| 2017 | $72K | $64K | $342K | $0 | — | View 990 |
| 2016 | $192K | $85K | $334K | $0 | — | View 990 |
| 2015 | $56K | $57K | $231K | $0 | — | View 990 |
| 2014 | $72K | $64K | $232K | $0 | — | View 990 |
| 2013 | $72K | $63K | $225K | $0 | — | View 990 |
| 2012 | $72K | $69K | $216K | $0 | — | — |
| 2011 | $70K | $58K | $214K | $993 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $49K, and assets of $200K (revenue -18.8% year-over-year).
- 2022: Revenue of $69K, expenses of $110K, and assets of $192K (revenue -1.8% year-over-year).
- 2021: Revenue of $71K, expenses of $58K, and assets of $204K (revenue +5.2% year-over-year).
- 2020: Revenue of $67K, expenses of $66K, and assets of $192K (revenue -21.3% year-over-year).
- 2019: Revenue of $85K, expenses of $81K, and assets of $350K (revenue +26.9% year-over-year).
- 2018: Revenue of $67K, expenses of $64K, and assets of $346K (revenue -7.2% year-over-year).
- 2017: Revenue of $72K, expenses of $64K, and assets of $342K (revenue -62.3% year-over-year).
- 2016: Revenue of $192K, expenses of $85K, and assets of $334K (revenue +244.3% year-over-year).
- 2015: Revenue of $56K, expenses of $57K, and assets of $231K (revenue -22.5% year-over-year).
- 2014: Revenue of $72K, expenses of $64K, and assets of $232K (revenue -0.2% year-over-year).
- 2013: Revenue of $72K, expenses of $63K, and assets of $225K (revenue -0.7% year-over-year).
- 2012: Revenue of $72K, expenses of $69K, and assets of $216K (revenue +3.8% year-over-year).
- 2011: Revenue of $70K, expenses of $58K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Burt County Economic Development Corporation:
Data Sources and Methodology
This transparency report for Burt County Economic Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.