Nebraska State Association Of Health Underwriters
EIN: 476095137 · Omaha, NE · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $40K |
| Net Assets | $2K |
Is Nebraska State Association Of Health Underwriters Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nebraska State Association Of Health Underwriters
Nebraska State Association Of Health Underwriters (EIN: 476095137) is a nonprofit organization based in Omaha, NE, classified under NTEE code S41. The organization reported total revenue of $60K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska State Association Of Health Underwriters's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska State Association Of Health Underwriters is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $40K |
| Surplus / Deficit | $-6,383 |
| Total Assets | $14K |
| Total Liabilities | $12K |
| Net Assets | $2K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 85.9% |
| Months of Reserves | 4.4 months |
Financial Health Grade: C
In 2023, Nebraska State Association Of Health Underwriters reported a deficit of $6K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 85.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nebraska State Association Of Health Underwriters's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.1% | -9.1% | -32.3% |
| 2022 | -29.6% | +7.4% | +65.9% |
| 2021 | -10.5% | -48.2% | -36.7% |
| 2020 | +0.3% | +51.3% | -39.0% |
| 2019 | +31.0% | +12.4% | +123.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska State Association Of Health Underwriters 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 State Association Of Health Underwriters 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 85.9%.
Frequently Asked Questions about Nebraska State Association Of Health Underwriters
Is Nebraska State Association Of Health Underwriters a legitimate charity?
Nebraska State Association Of Health Underwriters (EIN: 476095137) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $60K. No red flags identified. Financial health grade: C.
How does Nebraska State Association Of Health Underwriters spend its money?
Nebraska State Association Of Health Underwriters reported $60K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nebraska State Association Of Health Underwriters tax-deductible?
Nebraska State Association Of Health Underwriters is registered as a tax-exempt nonprofit (EIN: 476095137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska State Association Of Health Underwriters located?
Nebraska State Association Of Health Underwriters is headquartered in Omaha, Nebraska and files with the IRS under EIN 476095137. It is classified under NTEE code S41.
How many years of IRS 990 filings does Nebraska State Association Of Health Underwriters have?
Nebraska State Association Of Health Underwriters has 13 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 $60K in total revenue.
Filing History
IRS 990 filing history for Nebraska State Association Of Health Underwriters showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nebraska State Association Of Health Underwriters's revenue has declined by 47.3%, moving from $63K to $33K. Total assets decreased by 64.9% over the same period, from $41K to $14K. Total functional expenses fell by 37.2%, from $63K to $40K. In its most recent filing year (2023), Nebraska State Association Of Health Underwriters reported a deficit of $6K, with expenses exceeding revenue. The organization holds $12K in liabilities against $14K in assets (debt-to-asset ratio: 85.9%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $40K | $14K | $12K | — | — |
| 2022 | $40K | $44K | $21K | $13K | — | — |
| 2021 | $57K | $41K | $13K | $1K | — | — |
| 2020 | $64K | $79K | $20K | $25K | — | View 990 |
| 2019 | $64K | $52K | $33K | $23K | — | View 990 |
| 2018 | $49K | $46K | $15K | $17K | — | View 990 |
| 2017 | $62K | $96K | $11K | $15K | — | View 990 |
| 2016 | $73K | $70K | $43K | $13K | — | View 990 |
| 2015 | $67K | $66K | $28K | $0 | — | View 990 |
| 2014 | $57K | $52K | $27K | $0 | — | View 990 |
| 2013 | $56K | $66K | $21K | $0 | — | View 990 |
| 2012 | $51K | $61K | $31K | $0 | — | View 990 |
| 2011 | $63K | $63K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $40K, and assets of $14K (revenue -17.1% year-over-year).
- 2022: Revenue of $40K, expenses of $44K, and assets of $21K (revenue -29.6% year-over-year).
- 2021: Revenue of $57K, expenses of $41K, and assets of $13K (revenue -10.5% year-over-year).
- 2020: Revenue of $64K, expenses of $79K, and assets of $20K (revenue +0.3% year-over-year).
- 2019: Revenue of $64K, expenses of $52K, and assets of $33K (revenue +31.0% year-over-year).
- 2018: Revenue of $49K, expenses of $46K, and assets of $15K (revenue -21.0% year-over-year).
- 2017: Revenue of $62K, expenses of $96K, and assets of $11K (revenue -15.4% year-over-year).
- 2016: Revenue of $73K, expenses of $70K, and assets of $43K (revenue +8.2% year-over-year).
- 2015: Revenue of $67K, expenses of $66K, and assets of $28K (revenue +17.2% year-over-year).
- 2014: Revenue of $57K, expenses of $52K, and assets of $27K (revenue +2.3% year-over-year).
- 2013: Revenue of $56K, expenses of $66K, and assets of $21K (revenue +10.1% year-over-year).
- 2012: Revenue of $51K, expenses of $61K, and assets of $31K (revenue -19.5% year-over-year).
- 2011: Revenue of $63K, expenses of $63K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska State Association Of Health Underwriters:
Data Sources and Methodology
This transparency report for Nebraska State Association Of Health Underwriters 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.