Nebraska Impact Vbc
Nebraska Impact Vbc consistently operated with revenues around $400k-$475k and no reported officer compensation in prior years, but current status shows $0 revenue and assets.
EIN: 201856986 · La Vista, NE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $405K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $52K |
| Transparency Score | 75/100 |
Is Nebraska Impact Vbc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nebraska Impact Vbc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nebraska Impact Vbc
Nebraska Impact Vbc (EIN: 201856986) is a nonprofit organization based in La Vista, NE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska Impact Vbc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska Impact Vbc is a small nonprofit, with 4 years of IRS 990 filings on record (2012–2015). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $405K |
| Surplus / Deficit | +$18K |
| Total Assets | $53K |
| Total Liabilities | $185 |
| Net Assets | $52K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2015, Nebraska Impact Vbc reported a surplus of $18K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 4 years of filings (2012–2015), Nebraska Impact Vbc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +0.5% | +0.3% | +55.1% |
| 2014 | -11.5% | -10.6% | +98.8% |
| 2013 | +9.0% | +21.0% | -24.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nebraska Impact Vbc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nebraska Impact Vbc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
No officer compensation was reported in any of the available filings (2012-2015), which is highly favorable for an organization with revenues consistently in the $400,000 range, suggesting a volunteer-driven or very lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nebraska Impact Vbc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or reporting issues.
- Low asset base across all historical filings suggests limited financial reserves.
Strengths
The following positive indicators were identified for Nebraska Impact Vbc:
- No reported officer compensation across all available filings, indicating efficient use of funds.
- Consistent operational activity and revenue generation in prior years (2012-2015).
- Expenses closely aligned with revenue, suggesting responsible financial management in active periods.
Frequently Asked Questions about Nebraska Impact Vbc
Is Nebraska Impact Vbc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nebraska Impact Vbc (EIN: 201856986) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Nebraska Impact Vbc spend its money?
Nebraska Impact Vbc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nebraska Impact Vbc tax-deductible?
Nebraska Impact Vbc is registered as a tax-exempt nonprofit (EIN: 201856986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nebraska Impact Vbc CEO make?
Nebraska Impact Vbc's highest-compensated officer earns $400,000 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nebraska Impact Vbc's spending goes to programs?
Nebraska Impact Vbc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nebraska Impact Vbc located?
Nebraska Impact Vbc is headquartered in La Vista, Nebraska and files with the IRS under EIN 201856986.
How many years of IRS 990 filings does Nebraska Impact Vbc have?
Nebraska Impact Vbc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Nebraska Impact Vbc currently active?
The latest available data showing $0 revenue and assets raises questions about the organization's current operational status, despite consistent activity in prior years (2012-2015).
How does Nebraska Impact Vbc fund its operations?
Based on historical filings, the organization consistently generated revenues in the $400,000-$475,000 range, likely through program fees, donations, or grants, though specific sources are not detailed in the provided summary.
What is the organization's long-term financial stability?
The organization has historically operated with tight margins and low asset reserves, indicating a reliance on consistent annual revenue. The current $0 revenue and assets suggest potential instability or a significant change in operations.
Filing History
IRS 990 filing history for Nebraska Impact Vbc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2012–2015), Nebraska Impact Vbc's revenue has declined by 3.1%, moving from $436K to $422K. Total assets increased by 133% over the same period, from $23K to $53K. Total functional expenses rose by 8.5%, from $373K to $405K. In its most recent filing year (2015), Nebraska Impact Vbc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $185 in liabilities against $53K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $422K | $405K | $53K | $185 | — | View 990 |
| 2014 | $420K | $403K | $34K | $0 | — | View 990 |
| 2013 | $475K | $451K | $17K | $0 | — | View 990 |
| 2012 | $436K | $373K | $23K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $422K, expenses of $405K, and assets of $53K (revenue +0.5% year-over-year).
- 2014: Revenue of $420K, expenses of $403K, and assets of $34K (revenue -11.5% year-over-year).
- 2013: Revenue of $475K, expenses of $451K, and assets of $17K (revenue +9.0% year-over-year).
- 2012: Revenue of $436K, expenses of $373K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska Impact Vbc:
Data Sources and Methodology
This transparency report for Nebraska Impact Vbc 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.