Nebraska Startup Academy

Tax-deductible

Omaha, NE501(c)(3)Since 2023Community DevelopmentEIN 92-0986984

The nebraska startup academy provides guidance and mentorship to founders, investors, and the community by educating with a specialized curriculum, hosting events with industry experts, and leveraging affiliate relationships to help establish nebraska as an innovation hub in the midwest.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$238K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
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
Are gifts tax-deductible?
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 years looks good.
IRS e-file · Filing history
Is it financially stable?
2 of 2
years in the black
Looks good: no deficit in the last 2 filings.
Pt I · Ln 19 · 2 filings
How much reaches the programs?
100%
of spending
Looks good: 100% of spending went to programs; 75% or more looks good.
Pt IX · Ln 25 · col B
What are leaders paid?
$238K
to officers and key staff · 54% of spending
Concern: leaders' pay is 54% of spending; over 30% is a concern.
Pt VII · Sec A
Do they have reserves?
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more looks good.
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $39K
Worth a look: 1 funder names it on their filings; under 3 is worth a look.
Funders’ Sch. I, 990-PF
Do they carry debt?
$0
liabilities
Looks good: debts are 0% of assets; 50% or less looks good.
Pt X · Ln 26
Who oversees it?
3
independent of 5 voting board members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodWorth a lookConcernTap a box for the reason.
Revenue
$452K
-41% vs prior year
Spent
$445K
To programs
100%
Net assets
$287K
By yearFY2024–FY2025
Revenue
$452K
FY2025▼ -41%
Revenue by fiscal year
FY2024$771K
FY2025$452K
Expenses
$445K
FY2025▼ -13%
Expenses by fiscal year
FY2024$508K
FY2025$445K
Net assets
$287K
FY2025▲ +3%
Net assets by fiscal year
FY2024$280K
FY2025$287K

From the FY2025 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CNebraska Startup Academy
EINHdr · item D92-0986984
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFApr 2024
Year of formationHdr · item L2023
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item COmaha, NE
NTEE classificationIRS BMFCommunity Development (S30)
WebsiteHdr · item Jwww.nestartupacademy.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$445K
Total functional expensesLn 25$445K

Financial health

Is it on solid ground?

Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
7.7mo
months of highly liquid reserves at operating expense rate▲ +17% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▼ -95% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$287K
FY2025▲ +3%
Total assets by fiscal year
FY2024$280K
FY2025$287K
Total liabilities
$0
FY2025
Total liabilities by fiscal year
FY2024$0
FY2025$0
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$287K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$287K
Total assetsLn 16$287K
Total liabilitiesLn 26$0
Total net assetsLn 32$287K
Months of cash on handcomputed7.7

Statement of Revenue

Part VIII
Contributions & grants$450K · 99%
Investment income$2K · 1%
Contributions & grants99%$450K
Investment income1%$2K
— government grantsLn 1e$419K
Total revenueLn 12$452K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $287K · Operating expenses/yr $445K
7.7 months
Where the money goes
Program services
Program services $445K · Total expenses $445K
100%
Management & General
Management & general $0 · Total expenses $445K
0%
Fundraising
Fundraising $0 · Total expenses $445K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $35K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $450K · Total revenue $452K
99%
Government reliance
Government grants $419K · Total revenue $452K
93%
Earned-income share
Program service revenue $0 · Total revenue $452K
0%
Investment reliance
Investment income $2K · Total revenue $452K
+0.5%
Program self-sufficiency
Program service revenue $0 · Total expenses $445K
0%
Growth & trend
Revenue growth (YoY)
This year $452K · Prior year $771K
-41%
Net-asset trend (YoY)
End of year $287K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $452K · Expenses $445K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $287K
—
Net-asset ratio
Net assets $287K · Total assets $287K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $287K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charles E Cuddy · Reported title EXECUTIVE DI · Highest reported compensation $150K · Total expenses $445K
34%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $243K · Total expenses $445K
55%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%——
Revenue growth -41%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$150,000Pt VII · Sec A
Board Chair
$44,000Pt VII · Sec A
Board Member
$44,000Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Charles E Cuddy’s $150K as Executive Di is at the 91st percentile of top reported officer pay among 1709 $100K–1M community development 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 · 3 named individuals · Part VII

NameFY2025FY2024
Charles E Cuddy$150,000$237,126
John M Grange$44,000$35,000
Manuel Quevedo$44,000$35,000

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.

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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Guides and mentors founders, investors, and the community to build Nebraska's innovation hub.

Provided by the organization

This section is blank until Nebraska Startup Academy claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $445K of program spending, described in the organization's own filed words · FY2025.
01

Provide educational opportunities designed to teach skills and provide resources to enable individuals to create their own businesses with a focus on technology as well as upskill individuals to apply for tech-focused jobs.

$445Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$39K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $452K$445K-41% 990 PDF
FY2024 $771K$508K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2025

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $444,580 across 8 lines filed
IX-7 Other salaries and wagesPrograms $225,000$225,000
IX-10 Payroll taxesPrograms $17,583$17,583
IX-11c Accounting feesPrograms $3,313$3,313
IX-12 Advertising and promotionPrograms $2,336$2,336
IX-13 Office expensesPrograms $8,810$8,810
IX-16 OccupancyPrograms $46,273$46,273
IX-23 InsurancePrograms $2,763$2,763
IX-24 Other expenses (24a–d)Programs $138,502$138,502
IX-25 Total functional expensesPrograms $444,580 · Management $0 · Fundraising $0$444,580

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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