The Danish American Archive and Lib

EIN: 273486925 501(c)(3) Education

Blair, NE

Total Revenue
$322,785
Total Expenses
$165,437
Total Assets
$1,066,060
Net Assets
$1,066,060
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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
2010
Legal Domicile
NE
Phone
4024267910
Tax Period
2024-01-01 to 2024-12-31

The Danish American Archive and Lib, founded in 2010, is a small nonprofit in the Education sector that reported $323K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $157K, a strong 49% operating margin.

Mission

Operating a combined archive and library to collect, preserve, interpret and make available material documenting experiences and contributions to American life by Danish immigrants and their descendants.

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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 $278,967
Program Service Revenue $16
Investment Income $42,505
Other Revenue $1,297
TOTAL REVENUE $322,785

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,496
Fundraising Expenses $5,982
Program Expenses $123,834
Other Expenses $57,941
TOTAL EXPENSES $165,437

Year-over-Year Comparison

2024 2023 Change
Revenue $322,785 $212,537 +0.5%
Expenses $165,437 $168,781 0.0%
Net Income $157,348 $43,756 +2.6%
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
13
Independent Members
13
Employees
4
Volunteers
78

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
4
$59,443
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jill Hennick Executive Director 40.00
Officer
$59,443 $0 $59,443
Martin Koefoed Board Member 15.00
Director
$0 $0 $0
David Johnson Board Member 0.50
Director
$0 $0 $0
John Mark Nielsen Board Member 2.00
Director
$0 $0 $0
Lori Larsen Board Member 3.00
Director
$0 $0 $0
Cheyenne Nordquist Board Member 1.00
Director
$0 $0 $0
Alice Neve Board Member 1.00
Director
$0 $0 $0
Carol Svendsen Board Member 1.00
Director
$0 $0 $0
Cindy Larsen Adams Board Member 0.50
Director
$0 $0 $0
Erik Jensen Board Member 0.50
Director
$0 $0 $0
Erik Andersen Board Member 0.50
Director
$0 $0 $0
Gary Madsen President 3.00
Officer Director
$0 $0 $0
Christie Gehringer Secretary 2.00
Officer Director
$0 $0 $0
Sandra Sonderup Treasurer 15.00
Officer 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 No data No data No data No data
2024 $322,785 $165,437 $1,066,060 $157,348
2023 $212,537 $168,781 $908,712 $43,756
2022 $179,029 $165,958 $864,956 $13,071
2021 $362,678 $128,169 $851,885 $234,509
2020 $178,177 $110,773 $675,805 $67,404
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