Outlook-Nebraska Inc
- Assets
- $34.0m
- Revenue
- $24.7m
- Investments
- $5.8m
- Employees
- 65
- Location
- Omaha, NE
- Founding
- 10/2000
- Data as of
- 12/2023
- EIN
- 36-4348793
Organization Overview
Outlook-Nebraska Inc is located in Omaha, NE. The organization was established in 2000. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2023, Outlook-Nebraska Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outlook-Nebraska Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Outlook-Nebraska Inc generated $24.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $22.7m during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO POSITIVELY IMPACT EVERYONE WHO IS BLIND AND VISUALLY IMPAIRED.
Describe the Organization's Program Activity:
EMPLOYMENT PROGRAMS -- OUTLOOK NEBRASKA HAS BUILT A SELF-SUSTAINING BUSINESS MODEL DESIGNED TO CREATE EMPLOYMENT FOR PEOPLE WHO ARE VISUALLY IMPAIRED IN MANUFACTURING AND ADMINISTRATIVE ROLES. OUTLOOK NEBRASKA EMPLOYS PEOPLE WHO ARE VISUALLY IMPAIRED THROUGHOUT THE ORGANIZATION; ABOUT 52% OF OUR ASSOCIATES HAVE IMPAIRED VISION AND WE ARE THE LARGEST EMPLOYER OF THE BLIND IN NEBRASKA. OUTLOOK OPERATES A MANUFACTURING FACILITY THAT PRODUCES TOILET TISSUE AND PAPER TOWELS. MORE THAN 75% OF THE WORKFORCE ENGAGED IN THE PRODUCTION OF THESE PRODUCTS IS LEGALLY BLIND, QUALIFYING OUR PRODUCTS FOR MANDATORY PREFERENTIAL STATUS FOR FEDERAL GOVERNMENT PURCHASE. THE EMPLOYMENT PROGRAMS COMPRISE MOST OF THE REVENUE AND OPERATING EXPENSES IN OUR FINANCIALS, PRIMARILY DRIVEN BY THE COST OF THE RAW MATERIAL.
ENRICHMENT PROGRAMS ASSIST MEMBER OF OUR COMMUNITY WHO ARE DEALING WITH VISION LOSS TO LEARN NEW WAYS TO OVERCOME THEIR CHALLENGES, ACQUIRE NEW SKILLS, GAIN ADDITIONAL CONFIDENCE IN THEIR CAPABILITIES, AND EXPERIENCE GREATER PERSONAL INDEPENDENCE. THE PROGRAMS ALSO HELP AND EXPERIENCE GREATER PERSONAL INDEPENDENCE. THE PROGRAMS ALSO HELP THE PUBLIC TO BETTER UNDERSTAND THE NEEDS OF THE VISUALLY IMPAIRED CREATING A MORE INCLUSIVE COMMUNITY. OUTLOOK OFFERS A CONTINUUM OF DONOR-FUNDED PROGRAMS WITHIN THESE CORE FUNCTIONAL THEMES: INDIVIDUAL TRAINING ON ADAPTIVE TECHNOLOGY TO HELP THE BLIND USE COMPUTERS, SMARTPHONES AND TABLETS, MAGNIFICATION AND BRAILLE DEVICES; RECREATIONAL ACTIVITIES SUPPORTED BY ADAPTIVE SPORTS SPECIALIST; CULTURAL ACTIVITIES PROVIDING OPPORTUNITIES TO EXPERIENCE LIVE THEATRICAL PERFORMANCES AND CREATE ART; AND EDUCATIONAL EVENTS TO HELP OUR COMMUNITY MEMBERS BETTER UNDERSTAND THE CAPABILITIES OF OUR BLIND NEIGHBORS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Knapp Chair | OfficerTrustee | 5 | $0 |
Ralph Dovali Treasurer | OfficerTrustee | 5 | $0 |
Jay Mcmartin Secretary | OfficerTrustee | 5 | $0 |
Ashley Buhrman Member | Trustee | 5 | $0 |
Andrea Fredrickson Member | Trustee | 5 | $0 |
William Larson Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,844 |
| Total Program Service Revenue | $24,254,473 |
| Investment income | $85,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$285,054 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,705,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $192,700 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,307,096 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $191,654 |
| Payroll taxes | $100,958 |
| Fees for services: Management | $1,722,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,774 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $810,049 |
| Advertising and promotion | $18,178 |
| Office expenses | $20,777 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $549,444 |
| Travel | $35,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $48,165 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $937,440 |
| Insurance | $9,197 |
| All other expenses | $433,217 |
| Total functional expenses | $22,733,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,622,414 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,404,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $72,030 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,107,587 |
| Prepaid expenses and deferred charges | $6,682 |
| Net Land, buildings, and equipment | $17,962,973 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,783,785 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $34,000 |
| Total assets | $33,994,340 |
| Accounts payable and accrued expenses | $663,144 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $217,638 |
| Secured mortgages and notes payable | $7,730,567 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,000 |
| Total liabilities | $8,686,349 |
| Net assets without donor restrictions | $25,232,605 |
| Net assets with donor restrictions | $75,386 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,994,340 |