Omaha Area Health Education Center Inc
Omaha Area Health Education Center Inc shows inconsistent financial performance and zero reported revenue/assets in its latest filing.
EIN: 204005545 · Omaha, NE · Updated: 2026-03-28
About Omaha Area Health Education Center Inc
Omaha Area Health Education Center Inc (EIN: 204005545) is a nonprofit organization based in Omaha, NE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Omaha Area Health Education Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Omaha Area Health Education Center Inc with a Mission Score of 65 out of 100 (Good). 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, Omaha Area Health Education Center 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
No officer compensation has been reported in any of the available filings, indicating that the organization's leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization with revenues exceeding $200,000 in some years.
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 Omaha Area Health Education Center Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, raising questions about current operational status.
- Significant year-over-year fluctuations in revenue and expenses, indicating financial instability (e.g., $132,604 revenue vs $277,249 expenses in 2014).
- Substantial decrease in assets from $167,887 in 2013 to $30,088 in 2015 without clear explanation.
Strengths
The following positive indicators were identified for Omaha Area Health Education Center Inc:
- Consistent reporting of 0% officer compensation, suggesting a lean administrative structure or volunteer leadership.
- Positive net income in some years (e.g., 2015: $318,532 revenue vs $305,812 expenses).
Frequently Asked Questions about Omaha Area Health Education Center Inc
Is Omaha Area Health Education Center Inc still operational given the latest $0 revenue and assets?
The latest filing showing $0 in revenue and assets is a strong indicator that the organization may no longer be actively operating or has undergone a significant restructuring. Further investigation into their current status would be necessary.
What caused the significant drop in assets from $167,887 in 2013 to $30,088 in 2015?
The IRS 990 filings alone do not provide the specific reasons for the asset decline. This could be due to asset liquidation, significant expenses, or reclassification of funds. A deeper dive into their financial statements would be required.
How does the organization sustain operations without reporting officer compensation?
The consistent reporting of zero officer compensation suggests that key leadership roles might be filled by volunteers, or compensation is structured in a way that it's not reported under 'officer compensation' on the 990 form. This could indicate a highly efficient, volunteer-driven model.
Filing History
IRS 990 filing history for Omaha Area Health Education Center Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Omaha Area Health Education Center Inc's revenue has grown by 57.9%, moving from $202K to $319K. Total assets decreased by 74.8% over the same period, from $119K to $30K. Total functional expenses rose by 11.5%, from $274K to $306K. In its most recent filing year (2015), Omaha Area Health Education Center Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $28K in liabilities against $30K in assets (debt-to-asset ratio: 92.4%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $319K | $306K | $30K | $28K | — | View 990 |
| 2014 | $133K | $277K | $24K | $19K | — | View 990 |
| 2013 | $264K | $236K | $168K | $19K | — | View 990 |
| 2012 | $272K | $255K | $134K | $13K | — | View 990 |
| 2011 | $202K | $274K | $119K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $319K, expenses of $306K, and assets of $30K (revenue +140.2% year-over-year).
- 2014: Revenue of $133K, expenses of $277K, and assets of $24K (revenue -49.7% year-over-year).
- 2013: Revenue of $264K, expenses of $236K, and assets of $168K (revenue -3.1% year-over-year).
- 2012: Revenue of $272K, expenses of $255K, and assets of $134K (revenue +34.9% year-over-year).
- 2011: Revenue of $202K, expenses of $274K, and assets of $119K.
Data Sources and Methodology
This transparency report for Omaha Area Health Education Center 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.