University Technology Development Corporation

EIN: 260028948 501(c)(3) Education

Lincoln, NE

Total Revenue
$251,861
Total Expenses
$297,276
Total Assets
$173,461
Net Assets
$28,120
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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
2002
Legal Domicile
NE
Phone
4024723767
Tax Period
2024-04-01 to 2025-03-31

University Technology Development Corporation, founded in 2002, is a small nonprofit in the Education sector that reported $252K in total revenue in fiscal year 2024. Revenue surged 12313% from the prior year, signaling strong growth momentum. Expenses of $297K exceeded revenue, resulting in a 18% operating deficit.

Mission

The University Technology Development Corporation (UTDC) mission is to provide a way to develop and apply the inventions and other intellectual property of the faculty, staff, and students of the University of Nebraska.

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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 (2024)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $0
Investment Income $1,861
Other Revenue $0
TOTAL REVENUE $251,861

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,000
Other Expenses $282,276
TOTAL EXPENSES $297,276

Year-over-Year Comparison

2024 2023 Change
Revenue $251,861 $2,029 +123.1%
Expenses $297,276 $145,423 +1.0%
Net Income $-45,415 $-143,394 -0.7%
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
5
Independent Members
3
Employees
N/A
Volunteers
3

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
7
$2,991,246
Total Directors
7
$1,249,289
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Catherine Lang President 40.0
Officer Director
$0 $19,226 $139,335
Jeffrey P Gold MD Chairman 1.0
Officer Director
$0 $50,413 $1,109,954
Nancy Keegan Vice Chair 1.0
Officer Director
$0 $0 $0
John Wirtz Director (Thru 06/2024) 1.0
Director
$0 $0 $0
Julie Bushell Director 1.0
Director
$0 $0 $0
Ken Jones Director (Thru 06/2024) 1.0
Director
$0 $0 $0
Ken Moreano Director 1.0
Director
$0 $0 $0
Christopher Kabourek Treasurer (THRU 09/2024) 1.0
Officer
$0 $43,909 $958,273
Laura Gonnerman Secretary 1.0
Officer
$0 $40,670 $178,981
Luke Barnard Treasurer 1.0
Officer
$0 $41,512 $174,831
Stacia Palser Secretary (THRU 12/2024) 1.0
Officer
$0 $58,627 $429,872
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
2025 $251,861 $297,276 $173,461 $-45,415
2024 $2,029 $145,423 $212,800 $-143,394
2023 $251,685 $210,923 $216,929 $40,762
2022 $250,000 $177,560 $180,994 $72,440
2021 No data $89,402 $114,306 No data
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