Nebraska Head Start Association
EIN: 470806336 · Hastings, NE · NTEE: O20
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $53K |
| Net Assets | $135K |
Is Nebraska Head Start Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nebraska Head Start Association
Nebraska Head Start Association (EIN: 470806336) is a nonprofit organization based in Hastings, NE, classified under NTEE code O20. The organization reported total revenue of $58K and total assets of $167K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska Head Start Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska Head Start Association is a micro nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $53K |
| Surplus / Deficit | $-24,020 |
| Total Assets | $135K |
| Net Assets | $135K |
| Operating Margin | -83.0% |
| Months of Reserves | 30.5 months |
Financial Health Grade: B
In 2023, Nebraska Head Start Association reported a deficit of $24K with expenses exceeding revenue, holds 30.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Nebraska Head Start Association's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.9% | -28.3% | -15.1% |
| 2022 | -1.0% | +186.2% | -5.8% |
| 2021 | +19.8% | -53.1% | +30.2% |
| 2020 | -8.3% | +15.2% | -0.7% |
| 2019 | -5.5% | -21.7% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska Head Start Association 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 Head Start Association 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 deficit of $24K, with expenses exceeding revenue.
Frequently Asked Questions about Nebraska Head Start Association
Is Nebraska Head Start Association a legitimate charity?
Nebraska Head Start Association (EIN: 470806336) is a registered tax-exempt nonprofit based in Nebraska. It has 12 years of IRS 990 filings on record. Total revenue: $58K. No red flags identified. Financial health grade: B.
How does Nebraska Head Start Association spend its money?
Nebraska Head Start Association reported $58K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nebraska Head Start Association tax-deductible?
Nebraska Head Start Association is registered as a tax-exempt nonprofit (EIN: 470806336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska Head Start Association located?
Nebraska Head Start Association is headquartered in Hastings, Nebraska and files with the IRS under EIN 470806336. It is classified under NTEE code O20.
How many years of IRS 990 filings does Nebraska Head Start Association have?
Nebraska Head Start Association 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 $58K in total revenue.
Filing History
IRS 990 filing history for Nebraska Head Start Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Nebraska Head Start Association's revenue has declined by 50.4%, moving from $58K to $29K. Total assets decreased by 4.1% over the same period, from $140K to $135K. Total functional expenses rose by 5.2%, from $50K to $53K. In its most recent filing year (2023), Nebraska Head Start Association reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $53K | $135K | $0 | — | View 990 |
| 2022 | $64K | $74K | $159K | $0 | — | View 990 |
| 2021 | $65K | $26K | $168K | $0 | — | — |
| 2020 | $54K | $55K | $129K | $0 | — | View 990 |
| 2019 | $59K | $48K | $130K | $0 | — | View 990 |
| 2018 | $62K | $61K | $119K | $0 | — | View 990 |
| 2017 | $46K | $60K | $118K | $0 | — | View 990 |
| 2016 | $61K | $52K | $131K | $0 | — | View 990 |
| 2015 | $50K | $53K | $122K | $0 | — | View 990 |
| 2014 | $42K | $45K | $125K | $0 | — | View 990 |
| 2013 | $55K | $67K | $129K | $0 | — | View 990 |
| 2012 | $58K | $50K | $140K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $53K, and assets of $135K (revenue -54.9% year-over-year).
- 2022: Revenue of $64K, expenses of $74K, and assets of $159K (revenue -1.0% year-over-year).
- 2021: Revenue of $65K, expenses of $26K, and assets of $168K (revenue +19.8% year-over-year).
- 2020: Revenue of $54K, expenses of $55K, and assets of $129K (revenue -8.3% year-over-year).
- 2019: Revenue of $59K, expenses of $48K, and assets of $130K (revenue -5.5% year-over-year).
- 2018: Revenue of $62K, expenses of $61K, and assets of $119K (revenue +35.9% year-over-year).
- 2017: Revenue of $46K, expenses of $60K, and assets of $118K (revenue -24.7% year-over-year).
- 2016: Revenue of $61K, expenses of $52K, and assets of $131K (revenue +22.7% year-over-year).
- 2015: Revenue of $50K, expenses of $53K, and assets of $122K (revenue +18.2% year-over-year).
- 2014: Revenue of $42K, expenses of $45K, and assets of $125K (revenue -24.0% year-over-year).
- 2013: Revenue of $55K, expenses of $67K, and assets of $129K (revenue -5.2% year-over-year).
- 2012: Revenue of $58K, expenses of $50K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska Head Start Association:
Data Sources and Methodology
This transparency report for Nebraska Head Start Association 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.