Joe Ricketts Nebraska Foundation
EIN: 611864875 · Littleton, CO · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $587K |
| Total Expenses | $499K |
| Net Assets | $7.9M |
Is Joe Ricketts Nebraska Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joe Ricketts Nebraska Foundation
Joe Ricketts Nebraska Foundation (EIN: 611864875) is a nonprofit organization based in Littleton, CO, classified under NTEE code T22. The organization reported total revenue of $587K and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joe Ricketts Nebraska Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joe Ricketts Nebraska Foundation is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 118.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $627K |
| Total Expenses | $499K |
| Surplus / Deficit | +$128K |
| Total Assets | $7.9M |
| Total Liabilities | $1K |
| Net Assets | $7.9M |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.8 months |
Financial Health Grade: A
In 2023, Joe Ricketts Nebraska Foundation reported a surplus of $128K with revenue exceeding expenses, holds 190.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Joe Ricketts Nebraska Foundation's revenue has grown at a compound annual growth rate (CAGR) of 118.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.1% | +13.8% | +1.6% |
| 2022 | -43.5% | -5.5% | +4.4% |
| 2021 | +3339.8% | +448.7% | +0.1% |
| 2020 | +43.6% | -89.5% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joe Ricketts Nebraska Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Joe Ricketts Nebraska Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $128K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joe Ricketts Nebraska Foundation
Is Joe Ricketts Nebraska Foundation a legitimate charity?
Joe Ricketts Nebraska Foundation (EIN: 611864875) is a registered tax-exempt nonprofit based in Colorado. It has 5 years of IRS 990 filings on record. Total revenue: $587K. No red flags identified. Financial health grade: A.
How does Joe Ricketts Nebraska Foundation spend its money?
Joe Ricketts Nebraska Foundation reported $587K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joe Ricketts Nebraska Foundation tax-deductible?
Joe Ricketts Nebraska Foundation is registered as a tax-exempt nonprofit (EIN: 611864875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joe Ricketts Nebraska Foundation located?
Joe Ricketts Nebraska Foundation is headquartered in Littleton, Colorado and files with the IRS under EIN 611864875. It is classified under NTEE code T22.
How many years of IRS 990 filings does Joe Ricketts Nebraska Foundation have?
Joe Ricketts Nebraska Foundation has 5 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 $587K in total revenue.
Filing History
IRS 990 filing history for Joe Ricketts Nebraska Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Joe Ricketts Nebraska Foundation's revenue has grown by 2185.5%, moving from $27K to $627K. Total assets increased by 6.3% over the same period, from $7.5M to $7.9M. Total functional expenses fell by 37.7%, from $802K to $499K. In its most recent filing year (2023), Joe Ricketts Nebraska Foundation reported a surplus of $128K, with revenue exceeding expenses. The organization holds $1K in liabilities against $7.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $627K | $499K | $7.9M | $1K | — | — |
| 2022 | $765K | $438K | $7.8M | $1 | — | View 990 |
| 2021 | $1.4M | $464K | $7.5M | $10 | — | View 990 |
| 2020 | $39K | $85K | $7.5M | $886K | — | — |
| 2019 | $27K | $802K | $7.5M | $831K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $627K, expenses of $499K, and assets of $7.9M (revenue -18.1% year-over-year).
- 2022: Revenue of $765K, expenses of $438K, and assets of $7.8M (revenue -43.5% year-over-year).
- 2021: Revenue of $1.4M, expenses of $464K, and assets of $7.5M (revenue +3339.8% year-over-year).
- 2020: Revenue of $39K, expenses of $85K, and assets of $7.5M (revenue +43.6% year-over-year).
- 2019: Revenue of $27K, expenses of $802K, and assets of $7.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joe Ricketts Nebraska Foundation:
Data Sources and Methodology
This transparency report for Joe Ricketts Nebraska Foundation 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.