Nebraska Statewide Independent Living Council
EIN: 470842871 · Lincoln, NE · NTEE: R23
| Metric | Value |
|---|---|
| Total Revenue | $90K |
| Total Expenses | $81K |
| Net Assets | $69K |
Is Nebraska Statewide Independent Living Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nebraska Statewide Independent Living Council
Nebraska Statewide Independent Living Council (EIN: 470842871) is a nonprofit organization based in Lincoln, NE, classified under NTEE code R23. The organization reported total revenue of $90K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nebraska Statewide Independent Living Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nebraska Statewide Independent Living Council is a micro nonprofit that has been operating for 24 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $81K |
| Surplus / Deficit | +$9K |
| Total Assets | $87K |
| Total Liabilities | $17K |
| Net Assets | $69K |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 20.2% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2021, Nebraska Statewide Independent Living Council reported a surplus of $9K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position), has a debt-to-asset ratio of 20.2% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2021), Nebraska Statewide Independent Living Council's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -1.9% | -13.3% | +12.8% |
| 2020 | -23.3% | -11.9% | -9.0% |
| 2019 | +19.9% | +11.2% | +29.8% |
| 2018 | -9.8% | +23.6% | -1.2% |
| 2017 | +41.8% | +2.0% | +167.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nebraska Statewide Independent Living Council 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 Statewide Independent Living Council 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.2%.
Frequently Asked Questions about Nebraska Statewide Independent Living Council
Is Nebraska Statewide Independent Living Council a legitimate charity?
Nebraska Statewide Independent Living Council (EIN: 470842871) is a registered tax-exempt nonprofit based in Nebraska. It has 11 years of IRS 990 filings on record. Total revenue: $90K. No red flags identified. Financial health grade: A.
How does Nebraska Statewide Independent Living Council spend its money?
Nebraska Statewide Independent Living Council reported $90K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nebraska Statewide Independent Living Council tax-deductible?
Nebraska Statewide Independent Living Council is registered as a tax-exempt nonprofit (EIN: 470842871). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nebraska Statewide Independent Living Council located?
Nebraska Statewide Independent Living Council is headquartered in Lincoln, Nebraska and files with the IRS under EIN 470842871. It is classified under NTEE code R23.
How many years of IRS 990 filings does Nebraska Statewide Independent Living Council have?
Nebraska Statewide Independent Living Council has 11 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 $90K in total revenue.
Filing History
IRS 990 filing history for Nebraska Statewide Independent Living Council showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Nebraska Statewide Independent Living Council's revenue has grown by 15.8%, moving from $78K to $90K. Total assets increased by 218.8% over the same period, from $27K to $87K. Total functional expenses rose by 6.3%, from $77K to $81K. In its most recent filing year (2021), Nebraska Statewide Independent Living Council reported a surplus of $9K, with revenue exceeding expenses. The organization holds $17K in liabilities against $87K in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $90K | $81K | $87K | $17K | — | — |
| 2020 | $92K | $94K | $77K | $16K | — | — |
| 2019 | $119K | $107K | $84K | $22K | — | View 990 |
| 2018 | $100K | $96K | $65K | $15K | — | View 990 |
| 2017 | $110K | $77K | $66K | $20K | — | — |
| 2016 | $78K | $76K | $25K | $7K | — | View 990 |
| 2015 | $77K | $81K | $23K | $8K | — | View 990 |
| 2014 | $80K | $74K | $27K | $7K | — | View 990 |
| 2013 | $77K | $79K | $21K | $8K | — | View 990 |
| 2012 | $75K | $74K | $27K | $11K | — | View 990 |
| 2011 | $78K | $77K | $27K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $90K, expenses of $81K, and assets of $87K (revenue -1.9% year-over-year).
- 2020: Revenue of $92K, expenses of $94K, and assets of $77K (revenue -23.3% year-over-year).
- 2019: Revenue of $119K, expenses of $107K, and assets of $84K (revenue +19.9% year-over-year).
- 2018: Revenue of $100K, expenses of $96K, and assets of $65K (revenue -9.8% year-over-year).
- 2017: Revenue of $110K, expenses of $77K, and assets of $66K (revenue +41.8% year-over-year).
- 2016: Revenue of $78K, expenses of $76K, and assets of $25K (revenue +0.8% year-over-year).
- 2015: Revenue of $77K, expenses of $81K, and assets of $23K (revenue -3.6% year-over-year).
- 2014: Revenue of $80K, expenses of $74K, and assets of $27K (revenue +4.7% year-over-year).
- 2013: Revenue of $77K, expenses of $79K, and assets of $21K (revenue +2.1% year-over-year).
- 2012: Revenue of $75K, expenses of $74K, and assets of $27K (revenue -3.3% year-over-year).
- 2011: Revenue of $78K, expenses of $77K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nebraska Statewide Independent Living Council:
Data Sources and Methodology
This transparency report for Nebraska Statewide Independent Living Council 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.