Platte Peer Group EIN 56-2425104 Form 990 (PDF) Claim this org

Platte Peer Group

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Manages and preserves parks and trails for public education and recreation. For fiscal year 2025 it reported $214K in revenue, $197K in expenses, and $413K in net assets.Pt I

Founded
2003
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Chapman, NE
Filings
6 on file (2020–2025)
Revenue
$214KFY2025
Expenses
$197K
Net assets
$413K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  56-2425104 Public charity (501(c)(3)) Chapman, NE Founded 2003
Form 990 (PDF)
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Size
$100K–1M
What they do
Manages and preserves parks and trails for public education and recreation.
Leadership
Mike Hansen · Board Member
Money in and out
$214K revenue, $197K expenses
Bottom line
91% program efficiency
Where the money goes · FY2025
Total revenue
$214K
Pt VIII · Ln 12
Total expenses
$197K
Pt IX · Ln 25
Net assets
$413K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs-0.2% vs prior filing year
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate▲ +49% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▲ +783% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$214K
FY2025▲ +22%
Expenses
$197K
FY2025▲ +13%
Total assets
$415K
FY2025▲ +5%
Total liabilities
$2K
FY2025▲ +22%
Total revenue
$214K
Pt VIII · Ln 12
Total expenses
$197K
Pt IX · Ln 25
Net assets
$413K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$415K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPlatte Peer Group
EINHdr · item D56-2425104
Principal addressHdr · item CChapman, NE
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2003
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N32)
Ruling yearIRS BMFOct 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $179K of program spending, described in the organization's own filed words · FY2025.
01

Management and preservation of bader park and dark island trail and the development of LANDS/WATER for public education and recreation

$179Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$145K · 68%
Contributions & grants$65K · 31%
Investment income$4K · 2%
Program service revenue68%$145K
Contributions & grants31%$65K
Investment income2%$4K
— government grantsLn 1e$6K
Total revenueLn 12$214K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$179K
Management & general9%$18K
Total functional expensesLn 25$197K

Balance Sheet

Part X · end of year
CashLn 1$40K
Total assetsLn 16$415K
Total liabilitiesLn 26$2K
Total net assetsLn 32$413K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $95K · Operating expenses/yr $197K
5.8 months
Where the money goes
Program services
Program services $179K · Total expenses $197K
91%
Management & General
Management & general $18K · Total expenses $197K
9%
Fundraising
Fundraising $0 · Total expenses $197K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $40K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $65K · Total revenue $214K
31%
Government reliance
Government grants $6K · Total revenue $214K
3%
Earned-income share
Program service revenue $145K · Total revenue $214K
68%
Investment reliance
Investment income $4K · Total revenue $214K
+2%
Program self-sufficiency
Program service revenue $145K · Total expenses $197K
74%
Growth & trend
Revenue growth (YoY)
This year $214K · Prior year $176K
+22%
Revenue CAGR
FY2020 $101K · FY2025 $214K
+16%
Net-asset trend (YoY)
End of year $413K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $214K · Expenses $197K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $415K
Net-asset ratio
Net assets $413K · Total assets $415K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $54K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $415K
13%
People & payroll
Highest Reported Total Compensation
Individual Mike Hansen · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $197K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $110K · Total expenses $197K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Revenue growth 22%

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 · FY2023
Total grants receivedfrom 2 funders$16K

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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
FY2025 (Latest)$214K revenue · viewing · ⤓ 990 PDF
FY2024$176K revenue · ⤓ 990 PDF
FY2023$137K revenue · ⤓ 990 PDF
FY2022$136K revenue · ⤓ 990 PDF
FY2021$189K revenue · ⤓ 990 PDF
FY2020$101K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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