NET FOUNDATION FOR TELEVISION

EIN: 237122088 501(c)(3)

LINCOLN, NE

Total Revenue
$7,819,375
Total Expenses
$4,256,711
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NE
Principal Officer
MARK LEONARD
Phone
4024723611
Tax Period
2020-07-01 to 2021-06-30

NET FOUNDATION FOR TELEVISION, founded in 1971, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2020. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 46% operating margin.

Mission

SUPPORT OF PUBLIC TELEVISION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $6,703,549
Program Service Revenue $0
Investment Income $643,226
Other Revenue $472,600
TOTAL REVENUE $7,819,375

Expense Breakdown

Grants Paid $300,000
Salaries & Benefits $0
Fundraising Expenses $1,477,540
Program Expenses $2,499,609
Other Expenses $3,956,711
TOTAL EXPENSES $4,256,711

Year-over-Year Comparison

2020 2019 Change
Revenue $7,819,375 $5,881,957 +0.3%
Expenses $4,256,711 $4,255,039 +0.0%
Net Income $3,562,664 $1,626,918 +1.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$683,564
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK LEONARD ASSISTANT SECRETARY 10.0
Officer
$0 $29,463 $255,590
RANDAL HANSEN TREASURER 10.0
Officer
$0 $28,333 $176,354
DEBBIE HAMLETT SECRETARY/ASST TREASURER 10.0
Officer
$0 $16,219 $158,092
PAM BRECKA ASSISTANT SECRETARY 10.0
Officer
$0 $11,967 $93,528
KATHLEEN THUMAN CHAIR 1.0
Officer Director
$0 $0 $0
WILL ARMSTRONG FINANCE CHAIR 1.0
Officer Director
$0 $0 $0
ANNETTE EISENHART DIRECTOR 1.0
Director
$0 $0 $0
ANN FINKNER DIRECTOR 1.0
Director
$0 $0 $0
DAN O'NEILL DIRECTOR 1.0
Director
$0 $0 $0
ARPI SIYAHIAN DIRECTOR 1.0
Director
$0 $0 $0
JOHN PORTER DIRECTOR 1.0
Director
$0 $0 $0
TAWANA GROVER DIRECTOR 1.0
Director
$0 $0 $0
SCOTT SMITH DIRECTOR 1.0
Director
$0 $0 $0
HANNAH RAUDSEPP DIRECTOR 1.0
Director
$0 $0 $0
JIM ULRICH DIRECTOR 1.0
Director
$0 $0 $0
KRISTIN WIEBE DIRECTOR 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $7,819,375 $4,256,711 No data $3,562,664
2020 $5,881,957 $4,255,039 $25,243,567 $1,626,918
2019 $6,260,089 $5,303,135 $23,814,366 $956,954
2018 $7,668,967 $3,839,502 $22,828,970 $3,829,465
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