Central High School Foundation was formed in june, 1996, for the primary purose of providing scholarships for students of Central High School in omaha, nebraska, and to provide other support to Central High School through various activities as unfunded needs arise.

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$98K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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 5
filings with a surplus
Average surplus $905K a year · 42% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$98K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $220K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$999K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
Spent
$1.2M
To programs
51%
Net assets
$5.5M
By yearFY2021–FY2025
Revenue
$2.7M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$2.7M
FY2022$2.3M
FY2023$1.9M
FY2024$1.8M
FY2025$2.1M
Expenses
$1.2M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$1.2M
FY2022$1.1M
FY2023$1.4M
FY2024$1.3M
FY2025$1.4M
Net assets
$5.5M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$5.5M
FY2022$5.9M
FY2023$6.8M
FY2024$7.9M
FY2025$9.0M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1997.

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

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $615K Management & general 16% · $186K Fundraising 33% · $396K

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

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Who runs it and what they're paid

12 people listed on the 990; $98K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$97,546Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Michele Roberts’s $129K as Executive Di is at the 52nd percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022FY2021
Michele Roberts$129,119$114,278$108,085$100,929$97,546

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 The Central High School Foundation executive salaries →

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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 scholarships and support for students and Central High School.

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Provided by the organization

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2 programs · $615K · in their own filed words · FY2020
01

The foundation has a scholarship fund and endowment.

$453Kprogram expense
02

In 2018, the foundation financed the cost of the arts and library addition to central high school. Funds were raised to cover the bridge loan associated with the project. This loan will be paid off during the year- ended june 30, 2022.

$162Kprogram 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 · FY2024
See all 6 funders →
Grants paid · 10 grants · $3.4M · 2020–2024
Unitemized GrantFY2024$446,929
Unitemized GrantFY2024$297,000
Unitemized GrantFY2023$451,460
Unitemized GrantFY2023$253,000
Unitemized GrantFY2022$702,742
Omaha Central High SchoolFY2022$132,947
Unitemized GrantFY2021$496,404
Omaha Central High SchoolFY2021$58,381
Unitemized GrantFY2020$452,870
Omaha Central High SchoolFY2020$76,989

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$2.7M
Investment incomeLn 3$83K
Money outPt IX
$1.2M
Ln 25
Programscol B$615K
Managementcol C$186K
Fundraisingcol D$396K
Owns and owesPt X
$5.5M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$6.5M
LiabilitiesLn 26$999K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.7M
Investment incomeLn 3$83K
Gains on assetsLn 7$2K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$735K
SavingsLn 2$510K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$5.2M
Other assetsLn 15$600
Total assetsLn 16$6.5M
LiabilitiesLn 26$999K
Net assetsLn 32$5.5M
OperationsPt I, VI
EmployeesI 56
VolunteersI 612
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$2.1M$1.2M
InvestmentsLn 11–13$3.7M$5.2M
Total assetsLn 16$5.7M$6.5M
LiabilitiesLn 26$2.7M$999K
Net assetsLn 32$3.1M$5.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$77K$77K
Grants to domestic individualsLn 2$453K$453K
Pay of current officers, directors and key staffLn 5$122K$30K$91K
Other salaries and wagesLn 7$148K$51K$98K
Accounting feesLn 11c$14K$14K
Investment management feesLn 11f$27K$27K
Other fees for servicesLn 11g$32K$6K$26K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$26K$5K$21K
Information technologyLn 14$15K$15K
OccupancyLn 16$64K$32K$31K
InterestLn 20$85K$85K
Other expenses (24a–d)Ln 24$133K$6K$128K
Total functional expensesLn 25$1.2M$615K$186K$396K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.1M$1.4M$682K$9.0M 990 PDF
FY2024 $1.8M$1.3M$581K$7.9M 990 PDF
FY2023 $1.9M$1.4M$528K$6.8M 990 PDF
FY2022 $2.3M$1.1M$1.2M$5.9M 990 PDF
FY2021 Viewing $2.7M$1.2M$1.5M$5.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $2,736,067 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,687,450$2,652,662
I-9 Program service revenue$0
I-10 Investment incomePrior year $96,213$83,405
I-11 Other revenue$0
I-12 Total revenuePrior year $3,783,663$2,736,067
I-13 Grants and similar amounts paidPrior year $1,619,907$529,859
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $267,112$270,079
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $415,663$397,948
I-18 Total expensesPrior year $2,302,682$1,197,886
I-19 Revenue less expensesPrior year $1,480,981$1,538,181
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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 $2,736,067 across 5 lines filed
VIII-1f All other contributions, gifts and grants$2,652,662
VIII-1h Total contributions, gifts and grants$2,652,662
VIII-3 Investment incomeRelated to mission $80,951$80,951
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,454$2,454
VIII-12 Total revenueRelated to mission $83,405$2,736,067
Part IX · Statement of functional expenses $1,197,886 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $76,989$76,989
IX-2 Grants to domestic individualsPrograms $452,870$452,870
IX-5 Pay of current officers, directors and key staffManagement $30,429 · Fundraising $91,285$121,714
IX-7 Other salaries and wagesManagement $50,595 · Fundraising $97,770$148,365
IX-11c Accounting feesManagement $13,924$13,924
IX-11f Investment management feesManagement $27,148$27,148
IX-11g Other fees for servicesManagement $6,283 · Fundraising $26,148$32,431
IX-12 Advertising and promotionFundraising $1,262$1,262
IX-13 Office expensesManagement $5,482 · Fundraising $20,968$26,450
IX-14 Information technologyManagement $14,595$14,595
IX-16 OccupancyManagement $32,280 · Fundraising $31,274$63,554
IX-20 InterestPrograms $85,346$85,346
IX-24 Other expenses (24a–d)Management $5,515 · Fundraising $127,723$133,238
IX-25 Total functional expensesPrograms $615,205 · Management $186,251 · Fundraising $396,430$1,197,886
Part X · Balance sheet $6,469,475 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $559,501$735,378
X-2 Savings and temporary cash investmentsStart of year $1,526,080$510,221
X-11 Publicly traded securitiesStart of year $3,653,119$5,223,276
X-15 Other assetsStart of year $600$600
X-16 Total assetsStart of year $5,739,300$6,469,475
X-20 Tax-exempt bond liabilitiesStart of year $2,652,859$999,498
X-26 Total liabilitiesStart of year $2,652,859$999,498
X-27 Net assets without donor restrictionsStart of year $2,471,176$4,787,405
X-28 Net assets with donor restrictionsStart of year $615,265$682,572
X-32 Total net assets or fund balancesStart of year $3,086,441$5,469,977
X-33 Total liabilities and net assetsStart of year $5,739,300$6,469,475
Part XI · Reconciliation of net assets $5,469,977 net assets at year end
XI-1 Total revenue$2,736,067
XI-2 Total expenses$1,197,886
XI-3 Revenue less expenses$1,538,181
XI-4 Net assets at start of year$3,086,441
XI-5 Net unrealized gains (losses) on investments$845,355
XI-10 Net assets at end of year$5,469,977

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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