Seniors Foundation EIN 47-0630837

Seniors Foundation

EIN  47-0630837 Public charity (501(c)(3)) Lincoln, NE Founded 1981
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Supports aging partners to enrich seniors' lives.
Leadership
Gina Cotton · Executive Di · $46K
Money in and out
$81K revenue, $76K expenses
Bottom line
22% program efficiency

Supports aging partners to enrich seniors' lives. For fiscal year 2024 it reported $81K in revenue, $76K in expenses, and $549K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$81K
Pt VIII · Ln 12
Total expenses
$76K
Pt IX · Ln 25
Net assets
$549K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.22 Management & general $0.27 Fundraising $0.51
Program efficiency
22%
of spending reaches programs▲ +61% vs prior filing year
Operating runway
86.7mo
months of highly liquid reserves at operating expense rate▼ -5% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▼ -64% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$81K
FY2024▼ -1%
Expenses
$76K
FY2024▲ +12%
Total assets
$550K
FY2024▲ +7%
Total liabilities
$142
FY2024▼ -28%
Total revenue
$81K
Pt VIII · Ln 12
Total expenses
$76K
Pt IX · Ln 25
Net assets
$549K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$550K
Program-expense ratioPt IX · col B22%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

1 program service account for $17K of program spending, described in the organization's own filed words · FY2024.
01

The seniors foundation believes every person has the right to be treated with dignity and respect as they age. The seniors foundation advocates for this aging population in the community. Through effective fundraising we are able to support adequate facilities and programs serving this population.

$17Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSeniors Foundation
EINHdr · item D47-0630837
Principal addressHdr · item CLincoln, NE
WebsiteHdr · item Jwww.seniorsfoundation.org
Year of formationHdr · item L1981
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$45,835Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President-El
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Gina Cotton$45,835$45,852$54,167$45,834$41,667

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.

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Statement of Revenue

Part VIII
Contributions & grants$73K · 90%
Investment income$13K · 16%
Contributions & grants90%$73K
Investment income16%$13K
Total revenueLn 12$81K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.22 Management & general $0.27 Fundraising $0.51
Program services22%$17K
Management & general27%$21K
Fundraising51%$39K
Total functional expensesLn 25$76K

Balance Sheet

Part X · end of year
CashLn 1$70K
Total assetsLn 16$550K
Total liabilitiesLn 26$142
Total net assetsLn 32$549K
Months of cash on handcomputed11.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $550K · Operating expenses/yr $76K
86.7 months
Where the money goes
Program services
Program services $17K · Total expenses $76K
22%
Management & General
Management & general $21K · Total expenses $76K
27%
Fundraising
Fundraising $39K · Total expenses $76K
51%
Cost to raise $1
Fundraising expense (3-yr avg) $41K · Solicited contributions (3-yr avg) $80K
$0.51 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $73K · Total revenue $81K
90%
Government reliance
Government grants — · Total revenue $81K
Earned-income share
Program service revenue $0 · Total revenue $81K
0%
Investment reliance
Investment income $13K · Total revenue $81K
+16%
Program self-sufficiency
Program service revenue $0 · Total expenses $76K
0%
Growth & trend
Revenue growth (YoY)
This year $81K · Prior year $82K
-1%
Revenue CAGR
FY2019 $45K · FY2024 $81K
+12%
Net-asset trend (YoY)
End of year $549K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $81K · Expenses $76K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $550K
Net-asset ratio
Net assets $549K · Total assets $550K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $480K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $550K
87%
People & payroll
Highest Reported Total Compensation
Individual Gina Cotton · Reported title EXECUTIVE DI · Highest reported compensation $46K · Total expenses $76K
60%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $51K · Total expenses $76K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 22%
Overhead ratio 27%
Fundraising cost ratio 53%
Revenue growth -1%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$20K
Grants paid · 5 grants · $355K · 2019–2024
Aging PartnersFY2024$7,360
Aging PartnersFY2022$80,962
Aging PartnersFY2021$236,523
Aging PartnersFY2020$7,145
Aging PartnersFY2019$23,348

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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$82K revenue · ⤓ 990 PDF
FY2023$364K revenue · ⤓ 990 PDF
FY2022$332K revenue · ⤓ 990 PDF
FY2021$99K revenue · ⤓ 990 PDF
FY2020$45K 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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