Omaha Bobcats Athletic Associationinc
Omaha Bobcats Athletic Association sees significant revenue decline over seven years, maintains debt-free operations.
EIN: 205122262 · Omaha, NE · NTEE: N65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $9K |
| Program Spending | 80% |
| Net Assets | $5K |
| Transparency Score | 70/100 |
Is Omaha Bobcats Athletic Associationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Omaha Bobcats Athletic Associationinc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Omaha Bobcats Athletic Associationinc
Omaha Bobcats Athletic Associationinc (EIN: 205122262) is a nonprofit organization based in Omaha, NE, classified under NTEE code N65. The organization reported total revenue of $9K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Omaha Bobcats Athletic Associationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Omaha Bobcats Athletic Associationinc is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -26.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $9K |
| Surplus / Deficit | +$710 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | 7.6% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2017, Omaha Bobcats Athletic Associationinc reported a surplus of $710 with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Omaha Bobcats Athletic Associationinc's revenue has declined at a compound annual growth rate (CAGR) of -26.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -15.5% | -29.2% | +14.9% |
| 2016 | +3.2% | +15.5% | -19.4% |
| 2015 | -65.0% | -61.0% | +2.8% |
| 2014 | +17.4% | -12.0% | +160.1% |
| 2013 | -30.1% | -28.8% | -68.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Omaha Bobcats Athletic Associationinc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Omaha Bobcats Athletic Associationinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $710, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is commendable for a small nonprofit.
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 Bobcats Athletic Associationinc's IRS 990 filings:
- Significant and consistent decline in annual revenue over seven years (from $56,962 in 2011 to $9,382 in 2017)
- Expenses exceeded revenue in multiple years (e.g., 2016, 2013, 2012), indicating potential reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Omaha Bobcats Athletic Associationinc:
- Consistent financial transparency with regular IRS 990 filings.
- Zero reported liabilities across all filing periods, indicating a debt-free operation.
- 0% officer compensation reported in all filings, suggesting volunteer leadership and low administrative overhead.
- Maintained positive assets throughout its filing history, despite revenue fluctuations.
Frequently Asked Questions about Omaha Bobcats Athletic Associationinc
Is Omaha Bobcats Athletic Associationinc a legitimate charity?
Omaha Bobcats Athletic Associationinc (EIN: 205122262) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. Total revenue: $9K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Omaha Bobcats Athletic Associationinc spend its money?
Omaha Bobcats Athletic Associationinc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Omaha Bobcats Athletic Associationinc tax-deductible?
Omaha Bobcats Athletic Associationinc is registered as a tax-exempt nonprofit (EIN: 205122262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Omaha Bobcats Athletic Associationinc's spending goes to programs?
Omaha Bobcats Athletic Associationinc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Omaha Bobcats Athletic Associationinc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Omaha Bobcats Athletic Associationinc is above average for NTEE category N65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Omaha Bobcats Athletic Associationinc located?
Omaha Bobcats Athletic Associationinc is headquartered in Omaha, Nebraska and files with the IRS under EIN 205122262. It is classified under NTEE code N65.
How many years of IRS 990 filings does Omaha Bobcats Athletic Associationinc have?
Omaha Bobcats Athletic Associationinc has 7 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 $9K in total revenue.
Is Omaha Bobcats Athletic Association Inc. a good charity?
Based on the provided data, the organization demonstrates good financial transparency and responsible management with zero liabilities and no officer compensation. However, its declining revenue trend is a concern for long-term sustainability.
What caused the significant drop in revenue from $56,962 in 2011 to $9,382 in 2017?
The provided data does not specify the reasons for the revenue decline. It could be due to decreased participation, reduced donations, or a shift in operational scope.
How does the organization allocate its expenses between programs, administration, and fundraising?
The summary data does not provide a detailed breakdown of expenses. While officer compensation is 0%, a full understanding of spending efficiency would require this information.
What is the current operational status of the Omaha Bobcats Athletic Association Inc. given its reduced revenue?
With revenue dropping to $9,382 in 2017, the organization is operating on a very small scale. Its ability to deliver programs effectively at this level would depend on the nature and cost of those programs.
Filing History
IRS 990 filing history for Omaha Bobcats Athletic Associationinc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Omaha Bobcats Athletic Associationinc's revenue has declined by 83.5%, moving from $57K to $9K. Total assets decreased by 57.5% over the same period, from $13K to $5K. Total functional expenses fell by 83%, from $51K to $9K. In its most recent filing year (2017), Omaha Bobcats Athletic Associationinc reported a surplus of $710, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $9K | $9K | $5K | $0 | — | View 990 |
| 2016 | $11K | $12K | $5K | $0 | — | View 990 |
| 2015 | $11K | $11K | $6K | $0 | — | View 990 |
| 2014 | $31K | $27K | $6K | $0 | — | View 990 |
| 2013 | $26K | $31K | $2K | $0 | — | View 990 |
| 2012 | $37K | $43K | $7K | $0 | — | View 990 |
| 2011 | $57K | $51K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $9K, expenses of $9K, and assets of $5K (revenue -15.5% year-over-year).
- 2016: Revenue of $11K, expenses of $12K, and assets of $5K (revenue +3.2% year-over-year).
- 2015: Revenue of $11K, expenses of $11K, and assets of $6K (revenue -65.0% year-over-year).
- 2014: Revenue of $31K, expenses of $27K, and assets of $6K (revenue +17.4% year-over-year).
- 2013: Revenue of $26K, expenses of $31K, and assets of $2K (revenue -30.1% year-over-year).
- 2012: Revenue of $37K, expenses of $43K, and assets of $7K (revenue -34.2% year-over-year).
- 2011: Revenue of $57K, expenses of $51K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Omaha Bobcats Athletic Associationinc:
Data Sources and Methodology
This transparency report for Omaha Bobcats Athletic Associationinc 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.