Nebraska Greats Foundation
EIN: 455122321 · Omaha, NE · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $567K |
| Net Assets | $2.2M |
Is Nebraska Greats Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nebraska Greats Foundation
Nebraska Greats Foundation (EIN: 455122321) is a nonprofit organization based in Omaha, NE, classified under NTEE code Z99. The organization reported total revenue of $1.9M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska Greats Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska Greats Foundation is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 29.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $567K |
| Surplus / Deficit | +$600K |
| Total Assets | $2.2M |
| Total Liabilities | $579 |
| Net Assets | $2.2M |
| Operating Margin | 51.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 46.3 months |
Financial Health Grade: A
In 2023, Nebraska Greats Foundation reported a surplus of $600K with revenue exceeding expenses, holds 46.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Nebraska Greats Foundation's revenue has grown at a compound annual growth rate (CAGR) of 29.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.6% | +0.4% | +36.9% |
| 2022 | +16.7% | +73.8% | +27.6% |
| 2021 | +69.6% | +116.3% | +60.3% |
| 2020 | +15.0% | -23.1% | +63.9% |
| 2019 | +101.0% | +88.6% | +68.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska Greats 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 Nebraska Greats 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 $600K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Nebraska Greats Foundation
Is Nebraska Greats Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nebraska Greats Foundation (EIN: 455122321) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nebraska Greats Foundation spend its money?
Detailed spending breakdown data is not yet available for Nebraska Greats Foundation. Check back for updated IRS 990 analysis.
Are donations to Nebraska Greats Foundation tax-deductible?
Nebraska Greats Foundation is registered as a tax-exempt nonprofit (EIN: 455122321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska Greats Foundation located?
Nebraska Greats Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 455122321. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Nebraska Greats Foundation have?
Nebraska Greats Foundation has 12 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Nebraska Greats Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Nebraska Greats Foundation's revenue has grown by 1583.5%, moving from $69K to $1.2M. Total assets increased by 4333.1% over the same period, from $49K to $2.2M. Total functional expenses rose by 2744.1%, from $20K to $567K. In its most recent filing year (2023), Nebraska Greats Foundation reported a surplus of $600K, with revenue exceeding expenses. The organization holds $579 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $567K | $2.2M | $579 | — | — |
| 2022 | $901K | $565K | $1.6M | $11K | — | View 990 |
| 2021 | $772K | $325K | $1.3M | $0 | — | View 990 |
| 2020 | $455K | $150K | $782K | $0 | — | — |
| 2019 | $396K | $195K | $477K | $0 | — | View 990 |
| 2018 | $197K | $104K | $282K | $5K | — | View 990 |
| 2017 | $266K | $126K | $182K | $0 | — | View 990 |
| 2016 | $111K | $66K | $114K | $0 | — | View 990 |
| 2015 | $59K | $59K | $69K | $0 | — | View 990 |
| 2014 | $71K | $77K | $69K | $0 | — | View 990 |
| 2013 | $131K | $106K | $74K | $0 | — | View 990 |
| 2012 | $69K | $20K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $567K, and assets of $2.2M (revenue +29.6% year-over-year).
- 2022: Revenue of $901K, expenses of $565K, and assets of $1.6M (revenue +16.7% year-over-year).
- 2021: Revenue of $772K, expenses of $325K, and assets of $1.3M (revenue +69.6% year-over-year).
- 2020: Revenue of $455K, expenses of $150K, and assets of $782K (revenue +15.0% year-over-year).
- 2019: Revenue of $396K, expenses of $195K, and assets of $477K (revenue +101.0% year-over-year).
- 2018: Revenue of $197K, expenses of $104K, and assets of $282K (revenue -25.9% year-over-year).
- 2017: Revenue of $266K, expenses of $126K, and assets of $182K (revenue +138.7% year-over-year).
- 2016: Revenue of $111K, expenses of $66K, and assets of $114K (revenue +88.3% year-over-year).
- 2015: Revenue of $59K, expenses of $59K, and assets of $69K (revenue -17.3% year-over-year).
- 2014: Revenue of $71K, expenses of $77K, and assets of $69K (revenue -45.4% year-over-year).
- 2013: Revenue of $131K, expenses of $106K, and assets of $74K (revenue +88.8% year-over-year).
- 2012: Revenue of $69K, expenses of $20K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska Greats Foundation:
Data Sources and Methodology
This transparency report for Nebraska Greats 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.