Nehi Inc

Nehi Inc. shows fluctuating annual revenues but maintains a strong asset base and reports no officer compensation.

EIN: 201978483 · Wakefield, NE · NTEE: L20 · Updated: 2026-03-28

$800KRevenue

$1.2MAssets

85/100Mission Score (Excellent)

L20

About Nehi Inc

Nehi Inc (EIN: 201978483) is a nonprofit organization based in Wakefield, NE, classified under NTEE code L20. The organization reported total revenue of $800K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nehi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Nehi Inc. demonstrates a fluctuating financial performance over the past decade, with revenues and expenses varying significantly year-to-year. For instance, in 2022, the organization reported strong revenue of $607,099 against expenses of $325,863, indicating a healthy surplus. However, in 2021, expenses ($615,917) significantly outstripped revenue ($226,496), leading to a substantial deficit. The organization consistently maintains a strong asset base, with assets generally exceeding $1 million, suggesting good long-term financial stability despite operational fluctuations. Liabilities have remained relatively low across most periods, further contributing to a stable balance sheet.

The organization's spending efficiency appears to be strong in years where expenses are well-managed relative to revenue, such as 2023 where expenses were $61,430 against $166,132 in revenue. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead related to executive pay, which is a positive sign for donor confidence. The NTEE code L20 suggests a focus on housing and shelter, which typically involves direct program costs.

Transparency is generally good, with 13 filings available, demonstrating consistent reporting to the IRS. The absence of officer compensation also simplifies the financial picture, making it easier for stakeholders to understand how funds are being allocated. While the specific breakdown of program, administrative, and fundraising expenses isn't directly provided in the summary data, the overall financial health, characterized by substantial assets and low liabilities, combined with no reported officer compensation, suggests a well-managed organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nehi Inc with a Mission Score of 85 out of 100 (Excellent). 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, Nehi Inc 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.

Executive Compensation Analysis

Nehi Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with assets over $1 million.

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 Nehi Inc's IRS 990 filings:

Significant year-over-year fluctuations in revenue and expenses, indicating potential instability in funding or operations (e.g., 2021 expenses far exceeding revenue).

Strengths

The following positive indicators were identified for Nehi Inc:

Strong and consistent asset base, generally exceeding $1 million, indicating long-term financial stability.
Consistently low liabilities across most filing periods, suggesting good debt management.
0% officer compensation reported in all available filings, indicating a high potential for funds to be directed to programs.
Consistent filing history with 13 available IRS 990s, demonstrating good transparency.

Frequently Asked Questions about Nehi Inc

Is Nehi Inc. a good charity?

Based on the available data, Nehi Inc. appears to be a financially stable organization with a strong asset base (over $1.1 million in 2023) and consistently low liabilities. The absence of officer compensation is a significant positive indicator of efficient resource allocation. However, the fluctuating revenue and expense figures suggest operational variability that potential donors might want to understand further.

How does Nehi Inc.'s financial health compare to similar nonprofits?

Nehi Inc.'s strong asset base and low liabilities are generally positive indicators of financial health. The consistent reporting of 0% officer compensation is a notable strength, suggesting a high proportion of funds could be directed towards programs. However, the significant year-to-year fluctuations in revenue and expenses (e.g., $607,099 revenue in 2022 vs. $166,132 in 2023) might indicate less predictable funding streams compared to some peers.

What caused the significant expense increase in 2021?

In 2021, Nehi Inc. reported expenses of $615,917, which was significantly higher than its revenue of $226,496 and also higher than expenses in most other years. Without detailed program expense breakdowns, it's difficult to pinpoint the exact cause, but it could be due to a major project, capital expenditure, or an unusual operational cost during that period.

Filing History

IRS 990 filing history for Nehi Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Nehi Inc's revenue has declined by 83.8%, moving from $1.0M to $166K. Total assets increased by 50.6% over the same period, from $836K to $1.3M. Total functional expenses fell by 94%, from $1.0M to $61K. In its most recent filing year (2023), Nehi Inc reported a surplus of $105K, with revenue exceeding expenses. The organization holds $360 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$166K	$61K	$1.3M	$360	—	View 990
2022	$607K	$326K	$1.2M	$8K	—	View 990
2021	$226K	$616K	$918K	$51K	—	View 990
2020	$313K	$187K	$1.3M	$6K	—	View 990
2019	$386K	$268K	$1.1M	$4K	—	View 990
2018	$213K	$388K	$1.0M	$2K	—	View 990
2017	$71K	$130K	$1.2M	$2K	—	View 990
2016	$123K	$61K	$1.2M	$2K	—	View 990
2015	$132K	$92K	$1.2M	$2K	—	View 990
2014	$690K	$594K	$1.2M	$55K	—	View 990
2013	$1.3M	$1.2M	$1.2M	$112K	—	View 990
2012	$856K	$673K	$1.1M	$168K	—	View 990
2011	$1.0M	$1.0M	$836K	$110K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $166K, expenses of $61K, and assets of $1.3M (revenue -72.6% year-over-year).
2022: Revenue of $607K, expenses of $326K, and assets of $1.2M (revenue +168.0% year-over-year).
2021: Revenue of $226K, expenses of $616K, and assets of $918K (revenue -27.6% year-over-year).
2020: Revenue of $313K, expenses of $187K, and assets of $1.3M (revenue -19.1% year-over-year).
2019: Revenue of $386K, expenses of $268K, and assets of $1.1M (revenue +81.2% year-over-year).
2018: Revenue of $213K, expenses of $388K, and assets of $1.0M (revenue +199.5% year-over-year).
2017: Revenue of $71K, expenses of $130K, and assets of $1.2M (revenue -42.3% year-over-year).
2016: Revenue of $123K, expenses of $61K, and assets of $1.2M (revenue -6.2% year-over-year).
2015: Revenue of $132K, expenses of $92K, and assets of $1.2M (revenue -80.9% year-over-year).
2014: Revenue of $690K, expenses of $594K, and assets of $1.2M (revenue -48.7% year-over-year).
2013: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +57.0% year-over-year).
2012: Revenue of $856K, expenses of $673K, and assets of $1.1M (revenue -16.5% year-over-year).
2011: Revenue of $1.0M, expenses of $1.0M, and assets of $836K.

Data Sources and Methodology

This transparency report for Nehi Inc 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.