NEBRASKA STATE EDUCATION ASSOCIATION (EIN 260079807) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

John Heineman

Phone

4024757611

Tax Period

2024-09-01 to 2025-08-31

NEBRASKA STATE EDUCATION ASSOCIATION, founded in 1971, is a small nonprofit that reported $273K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $153K, a strong 56% operating margin.

Mission

Pursuit of betterment for teachers and students engaged in education activities and improved conditions through 6,000 retired educators.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,706

Program Service Revenue $0

Investment Income $167,622

Other Revenue $74,526

TOTAL REVENUE $272,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $119,991

Other Expenses $119,991

TOTAL EXPENSES $119,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$272,854	$305,610	-0.1%
Expenses	$119,991	$110,879	+0.1%
Net Income	$152,863	$194,731	-0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Heineman	President	5	Officer Director	$0	$0	$0
Roger Rea	Vice President	2	Officer Director	$0	$0	$0
Rita Bennett	Secretary	1	Officer Director	$0	$0	$0
Arlene Rea	Treasurer	1	Officer Director	$0	$0	$0
Patsy Koch Johns	Director	1	Director	$0	$0	$0
Margie Nowak	Director	1	Director	$0	$0	$0
Dan Schiefelbein	Director	1	Director	$0	$0	$0
Walta Sue Dodd	Director	1	Director	$0	$0	$0
Carol Krejci	Director	1	Director	$0	$0	$0
Joy Brown	Director	1	Director	$0	$0	$0
Howard Gaffney	Director	1	Director	$0	$0	$0
Deb Gnuse	Director	1	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
2025	$272,854	$119,991	$1,632,561	$152,863
2024	$305,610	$110,879	$1,482,600	$194,731
2023	$150,147	$119,572	$1,291,135	$30,575
2022	$217,591	$322,703	$1,254,030	$-105,112
2021	$417,405	$74,467	$1,359,136	$342,938
2020	$124,030	$91,749	$1,016,302	$32,281

NEBRASKA STATE EDUCATION ASSOCIATION