Nebraska Center For Workforce Development And Education
EIN: 832702323 · Omaha, NE · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Net Assets | $582K |
Is Nebraska Center For Workforce Development And Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nebraska Center For Workforce Development And Education
Nebraska Center For Workforce Development And Education (EIN: 832702323) is a nonprofit organization based in Omaha, NE, classified under NTEE code B12. The organization reported total revenue of $1.7M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska Center For Workforce Development And Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska Center For Workforce Development And Education is a mid-size nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 32.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$74K |
| Total Assets | $582K |
| Net Assets | $582K |
| Operating Margin | 5.4% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Nebraska Center For Workforce Development And Education reported a surplus of $74K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2019–2023), Nebraska Center For Workforce Development And Education's revenue has grown at a compound annual growth rate (CAGR) of 32.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +22.1% | +3.1% |
| 2022 | +96.4% | +32.5% | +1887.7% |
| 2021 | +151.2% | +130.5% | -31.1% |
| 2020 | -29.2% | -6.4% | -45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska Center For Workforce Development And Education 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 Nebraska Center For Workforce Development And Education 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 $74K, with revenue exceeding expenses.
Frequently Asked Questions about Nebraska Center For Workforce Development And Education
Is Nebraska Center For Workforce Development And Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Nebraska Center For Workforce Development And Education (EIN: 832702323) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nebraska Center For Workforce Development And Education spend its money?
Detailed spending breakdown data is not yet available for Nebraska Center For Workforce Development And Education. Check back for updated IRS 990 analysis.
Are donations to Nebraska Center For Workforce Development And Education tax-deductible?
Nebraska Center For Workforce Development And Education is registered as a tax-exempt nonprofit (EIN: 832702323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska Center For Workforce Development And Education located?
Nebraska Center For Workforce Development And Education is headquartered in Omaha, Nebraska and files with the IRS under EIN 832702323. It is classified under NTEE code B12.
How many years of IRS 990 filings does Nebraska Center For Workforce Development And Education have?
Nebraska Center For Workforce Development And Education 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Nebraska Center For Workforce Development And Education showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Nebraska Center For Workforce Development And Education's revenue has grown by 209.3%, moving from $440K to $1.4M. Total assets increased by 668.1% over the same period, from $76K to $582K. Total functional expenses rose by 249%, from $368K to $1.3M. In its most recent filing year (2023), Nebraska Center For Workforce Development And Education reported a surplus of $74K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $582K | $0 | — | View 990 |
| 2022 | $1.5M | $1.1M | $564K | $56K | — | View 990 |
| 2021 | $782K | $795K | $28K | $3K | — | View 990 |
| 2020 | $311K | $345K | $41K | $3K | — | — |
| 2019 | $440K | $368K | $76K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $582K (revenue -11.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $564K (revenue +96.4% year-over-year).
- 2021: Revenue of $782K, expenses of $795K, and assets of $28K (revenue +151.2% year-over-year).
- 2020: Revenue of $311K, expenses of $345K, and assets of $41K (revenue -29.2% year-over-year).
- 2019: Revenue of $440K, expenses of $368K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska Center For Workforce Development And Education:
Data Sources and Methodology
This transparency report for Nebraska Center For Workforce Development And Education 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.