Nebraska Career Education And Innovation Foundation
- Assets
- $272.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 11/1985
- Data as of
- 06/2019
- EIN
- 47-0676519
Organization Overview
Nebraska Career Education And Innovation Foundation is located in Lincoln, NE. The organization was established in 1985. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Career Education And Innovation 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 06/2019, Nebraska Career Education And Innovation Foundation generated $34.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $37.8k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION PROVIDES BOTH GRANTS AND SCHOLARSHIPS TO STUDENTS AND EDUCATORS INTERESTED IN CAREER DEVELOPMENT AND CAREER EDUCATION AS WELL AS PARTNERING WITH EDUCATION AGENCIES AND NON-PROFITS IN SUPPORTING AND ADVANCING CAREER AND TECHNICAL EDUCATION, STEM, AND WORKFORCE DEVELOPMENT RESEARCH AIMED AT ADDRESSING SKILLS GAPS IN NEBRASKA'S EXISTING AND FUTURE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Kennedy President | 2 | $0 | |
Dr Jon Cerny Vice Preside | 2 | $0 | |
Dr Rachel Wise Secretary | 2 | $0 | |
Sheila O'connor Treasurer | 2 | $0 | |
Greg Adams Director | 2 | $0 | |
Jessica Piskorski Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,438 |
| Total Program Service Revenue | $25,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,438 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,683 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $15,092 |
| Total expenses | $37,837 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $272,619 |
| Other assets | $0 |
| Total assets | $272,619 |
| Total liabilities | $244,051 |
| Net assets or fund balances | $28,568 |