Nebraska Greats Foundation is located in Omaha, NE. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Greats Foundation 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 12/2021, Nebraska Greats Foundation generated $771.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $325.1k during the year ending 12/2021. While expenses have increased by 27.7% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NEBRASKA GREATS FOUNDATION IS CREATED TO PROVIDE MEDICAL AND EMERGENCY ASSISTANCE TO FORMER ATHLETES, BOTH MEN AND WOMEN, WHO LETTERED IN THEIR RESPECTIVE SPORTS WHILE ATTENDING A COLLEGE OR UNIVERSITY IN THE STATE OF NEBRASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MEDICAL AND EMERGENCY ASSISTANCE TO FORMER ATHLETES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Murtaugh President | OfficerTrustee | 2 | $0 |
Bill Hamik Vice President | OfficerTrustee | 2 | $0 |
Johnny Dorn Secretary/director | OfficerTrustee | 2 | $0 |
Monte Kratzenstein Treasurer/director | OfficerTrustee | 2 | $0 |
Eric Crouch Director | Trustee | 2 | $0 |
Garry Clark Director | Trustee | 2 | $0 |
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 | $571,943 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $571,943 |
Total Program Service Revenue | $0 |
Investment income | $10,776 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,392 |
Net Income from Fundraising Events | $187,634 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $771,745 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $51,644 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $173,269 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $3,007 |
Fees for services: Legal | $6,334 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $24,396 |
Office expenses | $2,798 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $5,442 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $469 |
Insurance | $4,087 |
All other expenses | $14,918 |
Total functional expenses | $325,103 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $348,564 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $469 |
Investments—publicly traded securities | $0 |
Investments—other securities | $904,276 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,253,309 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $1,253,309 |
Net assets with donor restrictions | $0 |
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 | $1,253,309 |
Over the last fiscal year, we have identified 2 grants that Nebraska Greats Foundation has recieved totaling $30,000.
Awarding Organization | Amount |
---|---|
Hawkins Sisters Foundation Omaha, NE PURPOSE: GENERAL FUNDING | $25,000 |
Lee And Bev Kunz Foundation Wheat Ridge, CO PURPOSE: UNRESTRICTED CONTRIBUTION TO SUPPORT ATHLETICS. | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp St Louis St Louis, MO | $47,986,833 | $42,773,078 |
Iowa Donor Network North Liberty, IA | $39,614,924 | $35,703,085 |
Woodward Youth Corporation Woodward, IA | $6,374,013 | $25,268,723 |
Jeffco Action Center Inc Lakewood, CO | $11,439,169 | $24,458,851 |
Fem Electric Association Inc Ipswich, SD | $42,436,941 | $15,874,732 |
Prairiestar Health Center Inc Hutchinson, KS | $20,070,980 | $16,706,412 |
Girl Scouts Of Eastern Missouri Inc St Louis, MO | $41,876,901 | $17,676,549 |
Community Action Partnership Of Lancaster And Saunders Counties Lincoln, NE | $12,349,644 | $14,460,530 |
Art Of Living Foundation Fairfield, IA | $25,087,396 | $11,765,416 |
Coloradans For Responsible Energy Development Denver, CO | $1,966,473 | $10,490,943 |
Rose Brooks Center Inc Kansas City, MO | $20,126,633 | $9,910,378 |
Mercy Housing West Denver, CO | $50,068,396 | $10,621,235 |