Unmc Science Research Fund
Unmc Science Research Fund maintains robust asset growth and zero officer compensation amidst fluctuating revenues.
EIN: 201619389 · Omaha, NE · NTEE: U12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64.1M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $178.2M |
| Transparency Score | 85/100 |
Is Unmc Science Research Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Unmc Science Research Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Unmc Science Research Fund
Unmc Science Research Fund (EIN: 201619389) is a nonprofit organization based in Omaha, NE, classified under NTEE code U12. The organization reported total revenue of $64.1M and total assets of $207.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Unmc Science Research Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Unmc Science Research Fund is a major nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.0M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$5.1M |
| Total Assets | $180.1M |
| Total Liabilities | $1.8M |
| Net Assets | $178.2M |
| Operating Margin | 63.9% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 750.0 months |
Financial Health Grade: A
In 2023, Unmc Science Research Fund reported a surplus of $5.1M with revenue exceeding expenses, holds 750.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Unmc Science Research Fund's revenue has declined at a compound annual growth rate (CAGR) of -31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.3% | -56.8% | +5.4% |
| 2022 | +38.4% | -12.9% | -6.0% |
| 2021 | -6.7% | +1.5% | +13.8% |
| 2020 | +7.1% | +21.6% | +4.2% |
| 2019 | -11.7% | +119.1% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2005 |
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 Unmc Science Research Fund with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Unmc Science Research Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $5.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an entity of this size with over $200 million in assets and tens of millions in annual revenue. This suggests that executive functions may be fulfilled by volunteers or compensated through an affiliated entity, which warrants further investigation for complete transparency.
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 Unmc Science Research Fund's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, potentially obscuring true executive costs if compensated by an affiliate.
- Significant year-over-year revenue fluctuations, which could indicate reliance on a few large grants or donors, potentially impacting long-term stability if not diversified.
Strengths
The following positive indicators were identified for Unmc Science Research Fund:
- Strong and consistent asset growth, from $112M in 2016 to $207M currently, indicating excellent financial management and sustainability.
- Expenses consistently well below revenue, suggesting efficient operations and accumulation of reserves for mission-related activities.
- Zero reported officer compensation, implying a high dedication of resources directly to the mission or efficient use of shared services.
- Substantial latest revenue of $64,068,869 demonstrates strong fundraising capacity and donor confidence.
Frequently Asked Questions about Unmc Science Research Fund
Is Unmc Science Research Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Unmc Science Research Fund (EIN: 201619389) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Unmc Science Research Fund spend its money?
Unmc Science Research Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Unmc Science Research Fund tax-deductible?
Unmc Science Research Fund is registered as a tax-exempt nonprofit (EIN: 201619389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Unmc Science Research Fund CEO make?
Unmc Science Research Fund's highest-compensated officer earns $200 annually. The organization reported $64.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Unmc Science Research Fund's spending goes to programs?
Unmc Science Research Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Unmc Science Research Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Unmc Science Research Fund is above average for NTEE category U12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Unmc Science Research Fund located?
Unmc Science Research Fund is headquartered in Omaha, Nebraska and files with the IRS under EIN 201619389. It is classified under NTEE code U12.
How many years of IRS 990 filings does Unmc Science Research Fund have?
Unmc Science Research Fund has 8 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 $64.1M in total revenue.
How does Unmc Science Research Fund manage to report 0% officer compensation given its scale?
The consistent reporting of 0% officer compensation across all filings for an organization with over $200 million in assets and significant annual revenue is highly unusual. It suggests that executive leadership may be compensated by an affiliated entity (e.g., the University of Nebraska Medical Center) or that these roles are entirely volunteer-based. Further investigation into their full IRS Form 990 would be needed to understand the specific arrangements.
What caused the significant revenue spike in 2016 ($108,729,731) and the latest period ($64,068,869)?
The substantial revenue figures in 2016 and the latest period likely represent large grants, major donations, or specific funding campaigns. Such fluctuations are common for research funds that may receive multi-year grants or significant one-time contributions. Analyzing the detailed revenue breakdown in their full 990 forms would clarify the sources of these funds.
What is the typical program spending ratio for Unmc Science Research Fund?
While specific program spending ratios are not provided in the summary data, the organization consistently reports expenses significantly lower than revenue (e.g., $2.8M expenses vs. $7.9M revenue in 2023; $6.6M expenses vs. $18.3M revenue in 2022). This suggests a healthy margin, with a significant portion of funds likely directed towards program activities or retained for future research, indicating a strong commitment to its mission.
Filing History
IRS 990 filing history for Unmc Science Research Fund showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Unmc Science Research Fund's revenue has declined by 92.7%, moving from $108.7M to $8.0M. Total assets increased by 60.4% over the same period, from $112.2M to $180.1M. In its most recent filing year (2023), Unmc Science Research Fund reported a surplus of $5.1M, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $180.1M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $178.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $2.9M | $180.1M | $1.8M | — | — |
| 2022 | $18.3M | $6.7M | $170.9M | $6.0M | — | View 990 |
| 2021 | $13.2M | $7.7M | $181.7M | $4.8M | — | View 990 |
| 2020 | $14.2M | $7.6M | $159.7M | $11.5M | — | View 990 |
| 2019 | $13.2M | $6.2M | $153.3M | $12.4M | — | View 990 |
| 2018 | $15.0M | $2.8M | $136.4M | $3.9M | — | View 990 |
| 2017 | $10.7M | $2.1M | $124.1M | $2.3M | — | View 990 |
| 2016 | $108.7M | $0 | $112.2M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $2.9M, and assets of $180.1M (revenue -56.3% year-over-year).
- 2022: Revenue of $18.3M, expenses of $6.7M, and assets of $170.9M (revenue +38.4% year-over-year).
- 2021: Revenue of $13.2M, expenses of $7.7M, and assets of $181.7M (revenue -6.7% year-over-year).
- 2020: Revenue of $14.2M, expenses of $7.6M, and assets of $159.7M (revenue +7.1% year-over-year).
- 2019: Revenue of $13.2M, expenses of $6.2M, and assets of $153.3M (revenue -11.7% year-over-year).
- 2018: Revenue of $15.0M, expenses of $2.8M, and assets of $136.4M (revenue +40.1% year-over-year).
- 2017: Revenue of $10.7M, expenses of $2.1M, and assets of $124.1M (revenue -90.2% year-over-year).
- 2016: Revenue of $108.7M, expenses of $0, and assets of $112.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Unmc Science Research Fund:
Data Sources and Methodology
This transparency report for Unmc Science Research Fund 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.