WESTERN NEBRASKA EDUCATIONAL ENDOWMENT ASSOCIATION (EIN 362928643) - 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

1976

Legal Domicile

Principal Officer

GREG HUCK

Phone

3082540914

Tax Period

2021-07-01 to 2022-06-30

WESTERN NEBRASKA EDUCATIONAL ENDOWMENT ASSOCIATION, founded in 1976, is a micro nonprofit that reported $5K in total revenue in fiscal year 2021. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $110K exceeded revenue, resulting in a 2128% operating deficit.

Mission

PROVIDE SCHOLARSHIPS

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,212

Other Revenue $1,742

TOTAL REVENUE $4,954

Expense Breakdown

Grants Paid $105,139

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,174

Other Expenses $5,259

TOTAL EXPENSES $110,398

Year-over-Year Comparison

	2021	2020	Change
Revenue	$4,954	$3,015	+0.6%
Expenses	$110,398	$511,625	-0.8%
Net Income	$-105,444	$-508,610	-0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY AKESON	TRUSTEE	1.00	Director	$0	$0	$0
GERALD BERLAGE	TRUSTEE	1.00	Director	$0	$0	$0
JOE HARGREAVES	TRUSTEE	1.00	Director	$0	$0	$0
GREG HUCK	TREASURER	1.00	Officer Director	$0	$0	$0
C J CORNELIUS JR MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
HAROLD PERKINS	VICE PRESIDE	1.00	Director	$0	$0	$0
CLEM SCHUMACHER	TRUSTEE	1.00	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
2022	$4,954	$110,398	$887,230	$-105,444
2022	$147	$887,377	No data	$-887,230
2021	$3,015	$511,625	$992,674	$-508,610
2020	$28,607	$69,600	$1,501,284	$-40,993
2019	$28,220	$55,760	$1,542,277	$-27,540

WESTERN NEBRASKA EDUCATIONAL ENDOWMENT ASSOCIATION