North Platte Community College Foundation
North Platte Community College Foundation maintains strong assets with fluctuating revenue and no officer compensation.
EIN: 202459157 · North Platte, NE · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $928K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.5M |
| Transparency Score | 90/100 |
Is North Platte Community College Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Platte Community College Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Platte Community College Foundation
North Platte Community College Foundation (EIN: 202459157) is a nonprofit organization based in North Platte, NE, classified under NTEE code T30. The organization reported total revenue of $1.7M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Platte Community College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Platte Community College Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $724K |
| Total Expenses | $928K |
| Surplus / Deficit | $-203,879 |
| Total Assets | $4.5M |
| Net Assets | $4.5M |
| Operating Margin | -28.1% |
| Months of Reserves | 58.6 months |
Financial Health Grade: B
In 2023, North Platte Community College Foundation reported a deficit of $204K with expenses exceeding revenue, holds 58.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), North Platte Community College Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.3% | +312.8% | -6.6% |
| 2022 | -53.8% | -75.1% | +8.3% |
| 2021 | +252.7% | +116.6% | +57.8% |
| 2020 | +45.7% | +40.5% | +8.6% |
| 2019 | -43.3% | -64.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Platte Community College Foundation with a Mission Score of 90 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, North Platte Community College Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $204K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers or key employees receive compensation directly from the foundation, which is highly favorable for a nonprofit of its size with assets over $4 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 North Platte Community College Foundation's IRS 990 filings:
- Expenses exceeding revenue in some periods (e.g., 202306, 201806), potentially indicating reliance on asset drawdowns or prior year surpluses.
Strengths
The following positive indicators were identified for North Platte Community College Foundation:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
- Strong and growing asset base, reaching over $4.5 million in 202306.
- Minimal to no liabilities reported in most years, demonstrating sound financial management.
- Significant revenue generation, with a peak of over $2 million in 202106.
Frequently Asked Questions about North Platte Community College Foundation
Is North Platte Community College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, North Platte Community College Foundation (EIN: 202459157) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does North Platte Community College Foundation spend its money?
North Platte Community College Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Platte Community College Foundation tax-deductible?
North Platte Community College Foundation is registered as a tax-exempt nonprofit (EIN: 202459157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North Platte Community College Foundation CEO make?
North Platte Community College Foundation's highest-compensated officer earns $4 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North Platte Community College Foundation's spending goes to programs?
North Platte Community College Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Platte Community College Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), North Platte Community College Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Platte Community College Foundation located?
North Platte Community College Foundation is headquartered in North Platte, Nebraska and files with the IRS under EIN 202459157. It is classified under NTEE code T30.
How many years of IRS 990 filings does North Platte Community College Foundation have?
North Platte Community College Foundation 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 $1.7M in total revenue.
Is North Platte Community College Foundation a good charity?
Based on the available data, the North Platte Community College Foundation appears to be a good charity. It consistently reports 0% officer compensation, maintains substantial assets (over $4 million), and generally keeps liabilities at zero, indicating strong financial health and a commitment to directing funds towards its mission rather than administrative overhead or executive salaries.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses sometimes exceed its revenue, as seen in 202306 (Expenses $928,342 vs. Revenue $724,463) and 201806 (Expenses $844,761 vs. Revenue $711,246). This suggests that the foundation may utilize its accumulated assets or prior year surpluses to fund its programs and operations in certain periods, rather than solely relying on current year contributions.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend over the past decade, growing from $2,299,242 in 201406 to $4,536,605 in 202306, with a peak of $4,855,435 in 202206. This indicates successful asset management and growth, likely through investments and retained earnings.
Filing History
IRS 990 filing history for North Platte Community College Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Platte Community College Foundation's revenue has declined by 35.2%, moving from $1.1M to $724K. Total assets increased by 32% over the same period, from $3.4M to $4.5M. Total functional expenses rose by 1630.9%, from $54K to $928K. In its most recent filing year (2023), North Platte Community College Foundation reported a deficit of $204K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $724K | $928K | $4.5M | $0 | — | — |
| 2022 | $957K | $225K | $4.9M | $0 | — | View 990 |
| 2021 | $2.1M | $903K | $4.5M | $17K | — | — |
| 2020 | $588K | $417K | $2.8M | $0 | — | View 990 |
| 2019 | $403K | $297K | $2.6M | $0 | — | View 990 |
| 2018 | $711K | $845K | $2.6M | $0 | — | View 990 |
| 2017 | $637K | $727K | $2.7M | $0 | — | View 990 |
| 2016 | $533K | $609K | $2.6M | $0 | — | View 990 |
| 2015 | $728K | $82K | $2.9M | $0 | — | View 990 |
| 2014 | $292K | $398K | $2.3M | $45K | — | View 990 |
| 2013 | $392K | $582K | $2.2M | $0 | — | View 990 |
| 2012 | $1.5M | $2.5M | $2.3M | $0 | — | View 990 |
| 2011 | $1.1M | $54K | $3.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $724K, expenses of $928K, and assets of $4.5M (revenue -24.3% year-over-year).
- 2022: Revenue of $957K, expenses of $225K, and assets of $4.9M (revenue -53.8% year-over-year).
- 2021: Revenue of $2.1M, expenses of $903K, and assets of $4.5M (revenue +252.7% year-over-year).
- 2020: Revenue of $588K, expenses of $417K, and assets of $2.8M (revenue +45.7% year-over-year).
- 2019: Revenue of $403K, expenses of $297K, and assets of $2.6M (revenue -43.3% year-over-year).
- 2018: Revenue of $711K, expenses of $845K, and assets of $2.6M (revenue +11.6% year-over-year).
- 2017: Revenue of $637K, expenses of $727K, and assets of $2.7M (revenue +19.6% year-over-year).
- 2016: Revenue of $533K, expenses of $609K, and assets of $2.6M (revenue -26.9% year-over-year).
- 2015: Revenue of $728K, expenses of $82K, and assets of $2.9M (revenue +149.1% year-over-year).
- 2014: Revenue of $292K, expenses of $398K, and assets of $2.3M (revenue -25.4% year-over-year).
- 2013: Revenue of $392K, expenses of $582K, and assets of $2.2M (revenue -73.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $2.5M, and assets of $2.3M (revenue +32.7% year-over-year).
- 2011: Revenue of $1.1M, expenses of $54K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Platte Community College Foundation:
Data Sources and Methodology
This transparency report for North Platte Community College Foundation 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.