Lincoln Independent Business Association Foundation
EIN: 470794692 · Lincoln, NE · NTEE: O12
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $20K |
| Net Assets | $919K |
Is Lincoln Independent Business Association Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lincoln Independent Business Association Foundation
Lincoln Independent Business Association Foundation (EIN: 470794692) is a nonprofit organization based in Lincoln, NE, classified under NTEE code O12. The organization reported total revenue of $69K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Independent Business Association Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln Independent Business Association Foundation is a micro nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $20K |
| Surplus / Deficit | +$51K |
| Total Assets | $919K |
| Net Assets | $919K |
| Operating Margin | 72.0% |
| Months of Reserves | 556.8 months |
Financial Health Grade: A
In 2023, Lincoln Independent Business Association Foundation reported a surplus of $51K with revenue exceeding expenses, holds 556.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Lincoln Independent Business Association Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.8% | -35.8% | -5.3% |
| 2022 | +617.8% | +90.5% | +10.2% |
| 2021 | -28.6% | -33.4% | +14.0% |
| 2020 | -52.1% | +10.7% | +3.5% |
| 2019 | +100.4% | +28.4% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincoln Independent Business Association 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 Lincoln Independent Business Association 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 $51K, with revenue exceeding expenses.
Frequently Asked Questions about Lincoln Independent Business Association Foundation
Is Lincoln Independent Business Association Foundation a legitimate charity?
Lincoln Independent Business Association Foundation (EIN: 470794692) is a registered tax-exempt nonprofit based in Nebraska. It has 11 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: A.
How does Lincoln Independent Business Association Foundation spend its money?
Lincoln Independent Business Association Foundation reported $69K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lincoln Independent Business Association Foundation tax-deductible?
Lincoln Independent Business Association Foundation is registered as a tax-exempt nonprofit (EIN: 470794692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincoln Independent Business Association Foundation located?
Lincoln Independent Business Association Foundation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 470794692. It is classified under NTEE code O12.
How many years of IRS 990 filings does Lincoln Independent Business Association Foundation have?
Lincoln Independent Business Association Foundation has 11 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 $69K in total revenue.
Filing History
IRS 990 filing history for Lincoln Independent Business Association Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Lincoln Independent Business Association Foundation's revenue has declined by 8.8%, moving from $77K to $71K. Total assets increased by 124% over the same period, from $410K to $919K. Total functional expenses rose by 10%, from $18K to $20K. In its most recent filing year (2023), Lincoln Independent Business Association Foundation reported a surplus of $51K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $20K | $919K | $0 | — | View 990 |
| 2022 | $167K | $31K | $970K | $0 | — | View 990 |
| 2021 | $23K | $16K | $881K | $0 | — | View 990 |
| 2020 | $33K | $24K | $773K | $0 | — | — |
| 2019 | $68K | $22K | $747K | $0 | — | View 990 |
| 2018 | $34K | $17K | $680K | $0 | — | View 990 |
| 2017 | $30K | $27K | $610K | $0 | — | View 990 |
| 2016 | $97K | $19K | $532K | $0 | — | View 990 |
| 2015 | $32K | $20K | $515K | $0 | — | View 990 |
| 2014 | $32K | $16K | $464K | $0 | — | View 990 |
| 2013 | $77K | $18K | $410K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $20K, and assets of $919K (revenue -57.8% year-over-year).
- 2022: Revenue of $167K, expenses of $31K, and assets of $970K (revenue +617.8% year-over-year).
- 2021: Revenue of $23K, expenses of $16K, and assets of $881K (revenue -28.6% year-over-year).
- 2020: Revenue of $33K, expenses of $24K, and assets of $773K (revenue -52.1% year-over-year).
- 2019: Revenue of $68K, expenses of $22K, and assets of $747K (revenue +100.4% year-over-year).
- 2018: Revenue of $34K, expenses of $17K, and assets of $680K (revenue +14.6% year-over-year).
- 2017: Revenue of $30K, expenses of $27K, and assets of $610K (revenue -69.4% year-over-year).
- 2016: Revenue of $97K, expenses of $19K, and assets of $532K (revenue +204.5% year-over-year).
- 2015: Revenue of $32K, expenses of $20K, and assets of $515K (revenue -1.3% year-over-year).
- 2014: Revenue of $32K, expenses of $16K, and assets of $464K (revenue -58.4% year-over-year).
- 2013: Revenue of $77K, expenses of $18K, and assets of $410K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln Independent Business Association Foundation:
Data Sources and Methodology
This transparency report for Lincoln Independent Business Association 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.