Omaha Sports Commission
Omaha Sports Commission shows volatile finances with significant revenue and asset fluctuations over the past decade.
EIN: 200724954 · Boystown, NE · NTEE: N40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $988K |
| Total Expenses | $461K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $211K |
| Transparency Score | 70/100 |
Is Omaha Sports Commission Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Omaha Sports Commission directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Omaha Sports Commission
Omaha Sports Commission (EIN: 200724954) is a nonprofit organization based in Boystown, NE, classified under NTEE code N40. The organization reported total revenue of $988K and total assets of $481K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Omaha Sports Commission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Omaha Sports Commission is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $461K |
| Surplus / Deficit | +$43K |
| Total Assets | $220K |
| Total Liabilities | $9K |
| Net Assets | $211K |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Omaha Sports Commission reported a surplus of $43K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Omaha Sports Commission's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | -10.2% | -45.4% |
| 2022 | -52.1% | -29.1% | -32.1% |
| 2021 | +254.2% | +50.9% | -56.0% |
| 2020 | +30.6% | -26.4% | -22.3% |
| 2019 | -18.4% | -4.0% | +149.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Sports Commission 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 Sports Commission 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or are compensated through mechanisms not classified as officer compensation, which is highly unusual for an organization with nearly $1 million in latest revenue.
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 Sports Commission's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, indicating potential instability.
- Significant swings in assets and liabilities, suggesting inconsistent financial management or large project-based financing.
- Consistent operating deficits in multiple years (e.g., 2022, 2020, 2019, 2018, 2017, 2015, 2014) raise concerns about long-term sustainability.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data limits full financial transparency assessment.
Strengths
The following positive indicators were identified for Omaha Sports Commission:
- Consistent filing of IRS Form 990s demonstrates commitment to regulatory compliance and transparency.
- Reported 0% officer compensation across all filings suggests a strong commitment to minimizing executive overhead.
- Positive net income in recent years (2023 and 2021) indicates a capacity for financial recovery and effective event management.
Frequently Asked Questions about Omaha Sports Commission
Is Omaha Sports Commission a legitimate charity?
Based on AI analysis of IRS 990 filings, Omaha Sports Commission (EIN: 200724954) some concerns. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
How does Omaha Sports Commission spend its money?
Omaha Sports Commission directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Omaha Sports Commission tax-deductible?
Omaha Sports Commission is registered as a tax-exempt nonprofit (EIN: 200724954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Omaha Sports Commission CEO make?
Omaha Sports Commission's highest-compensated officer earns $1 annually. The organization reported $988K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Omaha Sports Commission's spending goes to programs?
Omaha Sports Commission directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Omaha Sports Commission compare to similar nonprofits?
With a transparency score of 70/100 (Good), Omaha Sports Commission is above average for NTEE category N40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Omaha Sports Commission located?
Omaha Sports Commission is headquartered in Boystown, Nebraska and files with the IRS under EIN 200724954. It is classified under NTEE code N40.
How many years of IRS 990 filings does Omaha Sports Commission have?
Omaha Sports Commission has 14 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 $988K in total revenue.
What caused the significant fluctuations in revenue and assets over the past decade?
The data shows revenue ranging from $191,348 in 2019 to $1,460,203 in 2016, and assets from $220,221 in 2023 to $1,737,488 in 2019. This volatility suggests reliance on large, infrequent events or grants, or significant changes in operational scope.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all 14 filings is highly unusual for an organization of this size. It suggests that key leadership roles might be filled by volunteers, or compensation is structured in a way that is not reported under 'officer compensation' on the 990.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency. Further investigation of the full 990 forms would be necessary.
Filing History
IRS 990 filing history for Omaha Sports Commission showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Omaha Sports Commission's revenue has grown by 9.5%, moving from $461K to $504K. Total assets decreased by 53% over the same period, from $468K to $220K. Total functional expenses fell by 6.4%, from $492K to $461K. In its most recent filing year (2023), Omaha Sports Commission reported a surplus of $43K, with revenue exceeding expenses. The organization holds $9K in liabilities against $220K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $504K | $461K | $220K | $9K | — | View 990 |
| 2022 | $424K | $513K | $403K | $516K | — | View 990 |
| 2021 | $885K | $723K | $594K | $617K | — | — |
| 2020 | $250K | $479K | $1.4M | $1.5M | — | View 990 |
| 2019 | $191K | $651K | $1.7M | $1.7M | — | View 990 |
| 2018 | $234K | $678K | $695K | $192K | — | View 990 |
| 2017 | $414K | $631K | $1.0M | $58K | — | View 990 |
| 2016 | $1.5M | $889K | $1.3M | $155K | — | View 990 |
| 2015 | $491K | $509K | $1.3M | $733K | — | View 990 |
| 2014 | $176K | $500K | $1.3M | $681K | — | View 990 |
| 2013 | $2.6M | $2.7M | $970K | $35K | — | View 990 |
| 2012 | $1.7M | $776K | $1.2M | $71K | — | View 990 |
| 2011 | $276K | $316K | $545K | $367K | — | View 990 |
| 2010 | $461K | $492K | $468K | $251K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $504K, expenses of $461K, and assets of $220K (revenue +19.0% year-over-year).
- 2022: Revenue of $424K, expenses of $513K, and assets of $403K (revenue -52.1% year-over-year).
- 2021: Revenue of $885K, expenses of $723K, and assets of $594K (revenue +254.2% year-over-year).
- 2020: Revenue of $250K, expenses of $479K, and assets of $1.4M (revenue +30.6% year-over-year).
- 2019: Revenue of $191K, expenses of $651K, and assets of $1.7M (revenue -18.4% year-over-year).
- 2018: Revenue of $234K, expenses of $678K, and assets of $695K (revenue -43.4% year-over-year).
- 2017: Revenue of $414K, expenses of $631K, and assets of $1.0M (revenue -71.6% year-over-year).
- 2016: Revenue of $1.5M, expenses of $889K, and assets of $1.3M (revenue +197.6% year-over-year).
- 2015: Revenue of $491K, expenses of $509K, and assets of $1.3M (revenue +179.1% year-over-year).
- 2014: Revenue of $176K, expenses of $500K, and assets of $1.3M (revenue -93.2% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.7M, and assets of $970K (revenue +50.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $776K, and assets of $1.2M (revenue +522.7% year-over-year).
- 2011: Revenue of $276K, expenses of $316K, and assets of $545K (revenue -40.2% year-over-year).
- 2010: Revenue of $461K, expenses of $492K, and assets of $468K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Omaha Sports Commission:
Data Sources and Methodology
This transparency report for Omaha Sports Commission 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.