The Nebraska Greats Foundation is created to provide medical and emergency assistance to former and current athletes, both men and women, who lettered in their respective sports while attending a college or university in the state of Nebraska.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 9 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $266K a year · 35% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$27K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $62K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$663K
+3% vs prior year
Spent
$780K
To programs
70%
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$663K
FY2025▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$455K
FY2021$772K
FY2022$901K
FY2023$1.2M
FY2024$647K
FY2025$663K
Expenses
$780K
FY2025▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$150K
FY2021$325K
FY2022$565K
FY2023$567K
FY2024$623K
FY2025$780K
Net assets
$2.1M
FY2025▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$782K
FY2021$1.3M
FY2022$1.6M
FY2023$2.2M
FY2024$2.2M
FY2025$2.1M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $546K Management & general 10% · $81K Fundraising 20% · $153K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

10 people listed on the 990; $27K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$27,385Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Jim Rose——$67,019
Bud Synhorst—$52,789—
Monte Kratzenstein$27,385$6,000—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Nebraska Greats Foundation executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides medical and emergency aid to Nebraska college athletes.

Questions for Nebraska Greats Foundation

Tap to ask. Nebraska Greats Foundation sees how many people are interested.

Your first name shows with your question. Nebraska Greats Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $515K · in their own filed words · FY2025
01

Medical In-Home Support

Assistance for recipients requiring ongoing in-home care due to medical conditions. The assistance provided is reviewed by a certified medical board member to ensure necessity and safety.

$357Kprogram expense
02

Education Partnership (uno)

Nebraska greats foundation partners with the university of nebraska at omaha (uno) to provide grant funds. These funds are restricted to tuition, fees, and books for eligible former athletes.

$112Kprogram expense
03

Medical Financial Grant Assistance

Direct financial assistance for medical expenses including physician bills, hospital services, and clinical procedures.

$46Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$62K
Grants paid · 7 grants · $1.0M · 2021–2025
Unitemized GrantFY2025$293,075
Unitemized GrantFY2025$76,860
Unitemized GrantFY2025$4,663
Unitemized GrantFY2024$252,731
Unitemized GrantFY2023$226,993
Unitemized GrantFY2022$114,303
Unitemized GrantFY2021$51,644

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$663K
Ln 12
Gifts and grantsLn 1h$497K
Investment incomeLn 3$192K
Money outPt IX
$780K
Ln 25
Programscol B$546K
Managementcol C$81K
Fundraisingcol D$153K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$99K
Total assetsLn 16$2.1M
LiabilitiesLn 26$7K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$497K
Fundraising eventsLn 1c$201K
Investment incomeLn 3$192K
Gains on assetsLn 7−$23K
Total revenueLn 12$663K
Assets in detailPt X, end of year
CashLn 1$99K
Cash and savings togetherLn 1–2$99K
InvestmentsLn 11–13$2.0M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$2.1M
LiabilitiesLn 26$7K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 53
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$290K$99K
InvestmentsLn 11–13$1.9M$2.0M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$2.2M$2.1M
LiabilitiesLn 26$0$7K
Net assetsLn 32$2.2M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$375K$375K
Pay of current officers, directors and key staffLn 5$27K$27K
Other salaries and wagesLn 7$189K$97K$3K$89K
Payroll taxesLn 10$11K$10K$2K
Management feesLn 11a$24K$12K$12K
Legal feesLn 11b$15K$8K$2K$5K
Accounting feesLn 11c$32K$32K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$25K$23K$3K
Office expensesLn 13$18K$16K$900$900
TravelLn 17$19K$2K$18K
InsuranceLn 23$4K$2K$3K
Other expenses (24a–d)Ln 24$35K$2K$33K
All other expensesLn 24e$240$240
Total functional expensesLn 25$780K$546K$81K$153K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $663K$780K−$116K$2.1M 990 PDF
FY2024 $647K$623K$23K$2.2M 990 PDF
FY2023 $1.2M$567K$600K$2.2M 990 PDF
FY2022 $901K$565K$336K$1.6M 990 PDF
FY2021 $772K$325K$447K$1.3M 990 PDF
FY2020 $455K$150K$305K$782K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $663,469 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $211,727$496,715
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $60,080$192,397
I-11 Other revenuePrior year $374,949−$25,643
I-12 Total revenuePrior year $646,756$663,469
I-13 Grants and similar amounts paidPrior year $252,731$374,598
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $227,767$227,591
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $142,972$177,312
I-18 Total expensesPrior year $623,470$779,501
I-19 Revenue less expensesPrior year $23,286−$116,032
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $663,469 across 7 lines filed
VIII-1c Fundraising events$200,924
VIII-1f All other contributions, gifts and grants$295,791
VIII-1h Total contributions, gifts and grants$496,715
VIII-3 Investment incomeExcluded from tax $215,440$215,440
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$23,043−$23,043
VIII-8 Net income from fundraising eventsExcluded from tax −$25,643−$25,643
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $166,754$663,469
Part IX · Statement of functional expenses $779,501 across 14 lines filed
IX-2 Grants to domestic individualsPrograms $374,598$374,598
IX-5 Pay of current officers, directors and key staffManagement $27,385$27,385
IX-7 Other salaries and wagesPrograms $96,815 · Management $2,654 · Fundraising $89,298$188,767
IX-10 Payroll taxesPrograms $9,895 · Fundraising $1,544$11,439
IX-11a Management feesPrograms $12,191 · Management $12,191$24,382
IX-11b Legal feesPrograms $7,982 · Management $1,576 · Fundraising $5,056$14,614
IX-11c Accounting feesManagement $32,465$32,465
IX-11g Other fees for servicesManagement $3,480$3,480
IX-12 Advertising and promotionPrograms $22,720 · Fundraising $2,524$25,244
IX-13 Office expensesPrograms $16,198 · Management $900 · Fundraising $900$17,998
IX-17 TravelPrograms $1,947 · Fundraising $17,524$19,471
IX-23 InsurancePrograms $1,672 · Fundraising $2,509$4,181
IX-24 Other expenses (24a–d)Programs $1,806 · Fundraising $33,431$35,237
IX-24e All other expensesManagement $240$240
IX-25 Total functional expensesPrograms $545,824 · Management $80,891 · Fundraising $152,786$779,501
Part X · Balance sheet $2,103,147 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $290,387$98,977
X-9 Prepaid expenses and deferred charges$7,794
X-10c Land, buildings and equipment, netStart of year $0$0
X-12 Other securitiesStart of year $1,921,374$1,996,376
X-15 Other assetsStart of year $787$0
X-16 Total assetsStart of year $2,212,548$2,103,147
X-17 Accounts payable and accrued expenses$6,481
X-25 Other liabilitiesStart of year $0$150
X-26 Total liabilitiesStart of year $0$6,631
X-27 Net assets without donor restrictionsStart of year $2,212,548$2,096,516
X-32 Total net assets or fund balancesStart of year $2,212,548$2,096,516
X-33 Total liabilities and net assetsStart of year $2,212,548$2,103,147
Part XI · Reconciliation of net assets $2,096,516 net assets at year end
XI-1 Total revenue$663,469
XI-2 Total expenses$779,501
XI-3 Revenue less expenses−$116,032
XI-4 Net assets at start of year$2,212,548
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,096,516

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.