Tekamah Community Foundation

Tekamah Community Foundation faces asset decline amid volatile revenue and high expenses.

EIN: 201258360 · Tekamah, NE · NTEE: T31 · Updated: 2026-03-28

$56KRevenue

$620KAssets

65/100Mission Score (Good)

T31

About Tekamah Community Foundation

Tekamah Community Foundation (EIN: 201258360) is a nonprofit organization based in Tekamah, NE, classified under NTEE code T31. The organization reported total revenue of $56K and total assets of $620K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tekamah Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Tekamah Community Foundation exhibits a mixed financial picture. While the organization maintains a substantial asset base, currently at $620,191, its revenue generation has been highly volatile, ranging from a low of $20,897 in 2015 to a high of $280,002 in 2021. This inconsistency makes long-term financial planning and sustained program delivery challenging. The latest filing (202312) shows expenses significantly exceeding revenue ($131,740 vs. $41,138), leading to a decrease in assets from the previous year.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive indicator of minimizing administrative overhead. The organization's transparency appears adequate given the consistent filing of IRS Form 990s over 13 periods, indicating compliance with reporting requirements.

Overall, the foundation appears to be drawing down on its assets in recent years, with assets decreasing from $805,783 in 2021 to $575,142 in 2023. This trend, coupled with fluctuating revenues and periods of high expenses relative to income, suggests a need for strategic financial planning to ensure long-term sustainability and consistent impact within the community.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tekamah Community Foundation 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Tekamah Community Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's officers are likely volunteers, which helps minimize administrative costs for an organization of its size.

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 Tekamah Community Foundation's IRS 990 filings:

Significant asset decline from $805,783 in 2021 to $575,142 in 2023.
Expenses frequently exceed revenue, notably $131,740 in expenses vs. $41,138 in revenue in 2023.
Highly volatile revenue streams, making financial planning challenging.

Strengths

The following positive indicators were identified for Tekamah Community Foundation:

Consistent 0% officer compensation, indicating volunteer leadership and low executive overhead.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Maintains a substantial asset base ($620,191 current) despite recent declines, providing some financial cushion.

Frequently Asked Questions about Tekamah Community Foundation

Is Tekamah Community Foundation financially stable?

The foundation's financial stability is questionable given the significant fluctuations in revenue and the recent trend of expenses exceeding revenue, leading to a decline in assets from $805,783 in 2021 to $575,142 in 2023.

How does the foundation manage its expenses?

While specific functional expense breakdowns are not provided, the consistent 0% officer compensation suggests a lean, volunteer-led administrative structure. However, overall expenses have been high relative to revenue in several periods, such as $131,740 in expenses against $41,138 in revenue in 2023.

What is the trend in the foundation's assets?

The foundation's assets have shown a declining trend in recent years, from a high of $877,774 in 2015 to $575,142 in 2023, indicating that the organization may be spending down its reserves.

Filing History

IRS 990 filing history for Tekamah Community Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tekamah Community Foundation's revenue has grown by 295.6%, moving from $10K to $41K. Total assets decreased by 19.7% over the same period, from $716K to $575K. Total functional expenses rose by 732.5%, from $16K to $132K. In its most recent filing year (2023), Tekamah Community Foundation reported a deficit of $91K, with expenses exceeding revenue. The organization holds $4K in liabilities against $575K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $571K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$41K	$132K	$575K	$4K	—	—
2022	$265K	$391K	$644K	$4K	—	View 990
2021	$280K	$65K	$806K	$0	—	View 990
2020	$80K	$82K	$591K	$0	—	View 990
2019	$124K	$103K	$593K	$0	—	View 990
2018	$34K	$155K	$572K	$0	—	View 990
2017	$27K	$208K	$693K	$0	—	View 990
2016	$23K	$26K	$874K	$0	—	View 990
2015	$21K	$13K	$878K	$0	—	View 990
2014	$196K	$25K	$870K	$0	—	View 990
2013	$32K	$23K	$699K	$0	—	View 990
2012	$29K	$55K	$690K	$0	—	View 990
2011	$10K	$16K	$716K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $41K, expenses of $132K, and assets of $575K (revenue -84.5% year-over-year).
2022: Revenue of $265K, expenses of $391K, and assets of $644K (revenue -5.5% year-over-year).
2021: Revenue of $280K, expenses of $65K, and assets of $806K (revenue +248.8% year-over-year).
2020: Revenue of $80K, expenses of $82K, and assets of $591K (revenue -35.3% year-over-year).
2019: Revenue of $124K, expenses of $103K, and assets of $593K (revenue +264.6% year-over-year).
2018: Revenue of $34K, expenses of $155K, and assets of $572K (revenue +27.9% year-over-year).
2017: Revenue of $27K, expenses of $208K, and assets of $693K (revenue +17.9% year-over-year).
2016: Revenue of $23K, expenses of $26K, and assets of $874K (revenue +8.1% year-over-year).
2015: Revenue of $21K, expenses of $13K, and assets of $878K (revenue -89.3% year-over-year).
2014: Revenue of $196K, expenses of $25K, and assets of $870K (revenue +503.4% year-over-year).
2013: Revenue of $32K, expenses of $23K, and assets of $699K (revenue +12.9% year-over-year).
2012: Revenue of $29K, expenses of $55K, and assets of $690K (revenue +176.8% year-over-year).
2011: Revenue of $10K, expenses of $16K, and assets of $716K.

Data Sources and Methodology

This transparency report for Tekamah Community 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.