Nebraska 4-H Foundation is located in Lincoln, NE. The organization was established in 2014. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. As of 12/2022, Nebraska 4-H Foundation employed 47 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Nebraska 4-H 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 12/2022, Nebraska 4-H Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NEBRASKA 4-H FOUNDATION SEEKS AND ADMINISTERS FINANCIAL RESOURCES TO SUPPORT POSITIVE YOUTH DEVELOPMENT THROUGH NEBRASKA 4-H.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT 4-H CAMPS AND CAMP ACTIVITIES: PROVIDE OUTDOOR EXPERIENCES FOR YOUNG PEOPLE. THE CAMPS PROVIDE YOUTH WITH BOTH INSTRUCTIONAL AND RECREATIONAL EXPERIENCES. THE FOUNDATION MAINTAINS THE CAMP FACILITIES AND PROVIDES CAMPER SCHOLARSHIPS FOR LOWER INCOME CHILDREN THAT NEED ASSISTANCE. DURING THE 2022 YEAR, THE FOUNDATION OWNED CAMP WAS DESTROYED BY FIRE. THE CAMPING PROGRAM NOW UTILIZED CAMP FACILITIES OWNED BY OTHER ORGANIZATIONS. THE INSURACE PROCEEDS, NET OF EXPENSES OF CLEAN UP, ARE REPORTED AS OTHER INCOME FOR THE 2022 YEAR.
GENERAL 4-H SUPPORT ACTIVITIES: SUPPORT FROM FOUNDATION INCLUDES AWARDS FOR 4-H CONFERENCES INCLUDING EXPENSES FOR STATE WINNERS TO ATTEND NATIONAL COMPETITIONS,RECOGNITION FOR 4-H VOLUNTEERS, AND OTHER LOCAL CLUB SUPPORT. FOUNDATION PROVIDES AWARDS FOR NEBRASKA STATE FAIR WINNERS AND EXPENSES FOR OTHER ACTIVITIES AND PROMOTION OF 4-H AT THE STATE FAIR.
SCHOLARSHIPS: SCHOLARSHIPS ARE AWARDED COLLEGE STUDENTS THROUGH ENDOWMENT FUNDS AND GENERAL SUPPORT. ALL AWARDS ARE MONITORED FOR ELIGIBILITY AND THE RECIPIENTS MUST ATTAIN REQUIRED GRADES LEVELS AND OTHER OBJECTIVIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stuart Shepherd Exec Directo | Officer | 40 | $201,677 |
Ryan Kirchoff Past Preside | Trustee | $0 | |
Brad Lawley Vice Preside | Trustee | $0 | |
Susan Littlefield Secretary | Trustee | $0 | |
Kathleen Lodl Board Member | Trustee | $0 | |
Linda Lovgren Board Member | Trustee | $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 | $507,622 |
Noncash contributions included in lines 1a–1f | $155,250 |
Total Revenue from Contributions, Gifts, Grants & Similar | $507,622 |
Total Program Service Revenue | $444,835 |
Investment income | $68,507 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $2,849,943 |
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. | $201,677 |
Compensation of current officers, directors, key employees. | $80,671 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,856 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $941 |
Payroll taxes | $2,661 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $26,064 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,661 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $24,669 |
Information technology | $5,941 |
Royalties | $0 |
Occupancy | $0 |
Travel | $11,753 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,528 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,861 |
Insurance | $2,181 |
All other expenses | $263,164 |
Total functional expenses | $1,121,907 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $133,825 |
Savings and temporary cash investments | $842,367 |
Pledges and grants receivable | $4,689 |
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 | $1,480 |
Net Land, buildings, and equipment | $47,029 |
Investments—publicly traded securities | $3,309,499 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,814 |
Total assets | $4,354,703 |
Accounts payable and accrued expenses | $132,921 |
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 | $308,716 |
Total liabilities | $441,637 |
Net assets without donor restrictions | $2,414,568 |
Net assets with donor restrictions | $1,498,498 |
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 | $4,354,703 |