Nebraska State Dairy Association
EIN: 262005790 · Lincoln, NE · NTEE: Y03
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $88K |
| Net Assets | $96K |
Is Nebraska State Dairy 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 State Dairy Association
Nebraska State Dairy Association (EIN: 262005790) is a nonprofit organization based in Lincoln, NE, classified under NTEE code Y03. The organization reported total revenue of $139K and total assets of $167K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska State Dairy Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska State Dairy Association is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2023). 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 | $121K |
| Total Expenses | $88K |
| Surplus / Deficit | +$33K |
| Total Assets | $127K |
| Total Liabilities | $31K |
| Net Assets | $96K |
| Operating Margin | 27.5% |
| Debt-to-Asset Ratio | 24.2% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Nebraska State Dairy Association reported a surplus of $33K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 24.2% (moderate leverage).
Financial Trends
Over 4 years of filings (2019–2023), Nebraska State Dairy Association's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | -19.1% | +34.4% |
| 2022 | +19.1% | +21.3% | -3.9% |
| 2021 | -11.2% | +16.4% | +34.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska State Dairy 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 State Dairy 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 surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.2%.
Frequently Asked Questions about Nebraska State Dairy Association
Is Nebraska State Dairy Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Nebraska State Dairy Association (EIN: 262005790) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nebraska State Dairy Association spend its money?
Detailed spending breakdown data is not yet available for Nebraska State Dairy Association. Check back for updated IRS 990 analysis.
Are donations to Nebraska State Dairy Association tax-deductible?
Nebraska State Dairy Association is registered as a tax-exempt nonprofit (EIN: 262005790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska State Dairy Association located?
Nebraska State Dairy Association is headquartered in Lincoln, Nebraska and files with the IRS under EIN 262005790. It is classified under NTEE code Y03.
How many years of IRS 990 filings does Nebraska State Dairy Association have?
Nebraska State Dairy Association has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $139K in total revenue.
Filing History
IRS 990 filing history for Nebraska State Dairy Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Nebraska State Dairy Association's revenue has grown by 22.3%, moving from $99K to $121K. Total assets increased by 73.8% over the same period, from $73K to $127K. Total functional expenses rose by 14.3%, from $77K to $88K. In its most recent filing year (2023), Nebraska State Dairy Association reported a surplus of $33K, with revenue exceeding expenses. The organization holds $31K in liabilities against $127K in assets (debt-to-asset ratio: 24.2%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $121K | $88K | $127K | $31K | — | — |
| 2022 | $105K | $109K | $94K | $32K | — | View 990 |
| 2021 | $88K | $90K | $98K | $32K | — | View 990 |
| 2019 | $99K | $77K | $73K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $121K, expenses of $88K, and assets of $127K (revenue +15.6% year-over-year).
- 2022: Revenue of $105K, expenses of $109K, and assets of $94K (revenue +19.1% year-over-year).
- 2021: Revenue of $88K, expenses of $90K, and assets of $98K (revenue -11.2% year-over-year).
- 2019: Revenue of $99K, expenses of $77K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska State Dairy Association:
Data Sources and Methodology
This transparency report for Nebraska State Dairy 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.