Nebraska Golf Foundation EIN 20-0910737

Nebraska Golf Foundation

EIN  20-0910737 Public charity (501(c)(3)) Omaha, NE
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes golf's spirit and life skills through supportive programs.
Leadership
Robert Meyer · President
Money in and out
$139K revenue, $132K expenses
Bottom line
98% program efficiency

Promotes golf's spirit and life skills through supportive programs. For fiscal year 2024 it reported $139K in revenue, $132K in expenses, and $206K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$139K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$206K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
18.6mo
months of highly liquid reserves at operating expense rate▼ -23% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +102% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$139K
FY2024▲ +359%
Expenses
$132K
FY2024▲ +34%
Total assets
$206K
FY2024▲ +3%
Total liabilities
$0
FY2024
Total revenue
$139K
Pt VIII · Ln 12
Total expenses
$132K
Pt IX · Ln 25
Net assets
$206K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$206K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $130K of program spending, described in the organization's own filed words · FY2024.
01

In order to serve their mission the nebraska golf association awards grants, administers the nebraska golf foundation's nebraska kids on course program to children from the omaha boys and girls clubs, and administers great golf expectations, which is a program that provides a select group of junior golfers ages 13 and over the avenue to…

$130Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNebraska Golf Foundation
EINHdr · item D20-0910737
Principal addressHdr · item COmaha, NE
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFJun 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Nebraska Golf Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$126K · 91%
Investment income$13K · 9%
Contributions & grants91%$126K
Investment income9%$13K
Total revenueLn 12$139K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$130K
Management & general2%$2K
Total functional expensesLn 25$132K

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$206K
Total liabilitiesLn 26$0
Total net assetsLn 32$206K
Months of cash on handcomputed6.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $206K · Operating expenses/yr $132K
18.6 months
Where the money goes
Program services
Program services $130K · Total expenses $132K
98%
Management & General
Management & general $2K · Total expenses $132K
2%
Fundraising
Fundraising $0 · Total expenses $132K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $207 · Solicited contributions (3-yr avg) $58K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $139K
91%
Government reliance
Government grants — · Total revenue $139K
Earned-income share
Program service revenue $0 · Total revenue $139K
0%
Investment reliance
Investment income $13K · Total revenue $139K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $132K
0%
Growth & trend
Revenue growth (YoY)
This year $139K · Prior year $30K
+359%
Revenue CAGR
FY2020 $55K · FY2024 $139K
+26%
Net-asset trend (YoY)
End of year $206K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $139K · Expenses $132K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $206K
Net-asset ratio
Net assets $206K · Total assets $206K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $131K · Total assets (Pt X, ln 16) $206K
64%
People & payroll
Highest Reported Total Compensation
Individual Robert Meyer · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $132K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $132K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 359%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$17K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$139K revenue · viewing · ⤓ 990 PDF
FY2023$30K revenue · ⤓ 990 PDF
FY2022$62K revenue · ⤓ 990 PDF
FY2021$96K revenue · ⤓ 990 PDF
FY2020$55K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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