NEBRASKA ASSOCIATION OF FORMER STATE LEGISLATORS

EIN: 363346920 501(c)(3) Public & Societal Benefit

Lincoln, NE

Total Revenue
$1,212
Total Expenses
$20,976
Total Assets
$15,705
Net Assets
$15,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NE
Principal Officer
Vickie McDonald
Phone
4024209002
Tax Period
2025-01-01 to 2025-12-31

NEBRASKA ASSOCIATION OF FORMER STATE LEGISLATORS, founded in 1984, is a micro nonprofit in the Public & Societal Benefit sector that reported $1K in total revenue in fiscal year 2025. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $21K exceeded revenue, resulting in a 1631% operating deficit.

Mission

The mission of the Nebraska Association of former State Legislators is the preservation and enhancement of Nebraska's Capitol building.

Program Service Accomplishments

Program 1
Expenses: $2,775 Revenue: $397

100% completion of phase four of restoration of gardens in the Capitol Courtyards.

Program 2
Expenses: $17,201 Revenue: $4

Supported maintenance of gardens

Program 3
Expenses: $0 Revenue: $0

Funded endowment for maintenance of gardens in the courtyards of the Nebraska Capitol

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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 (2025)

Revenue Breakdown

Contributions & Grants $200
Program Service Revenue $0
Investment Income $1,012
Other Revenue $0
TOTAL REVENUE $1,212

Expense Breakdown

Grants Paid $19,976
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,976
Other Expenses $1,000
TOTAL EXPENSES $20,976

Year-over-Year Comparison

2025 2024 Change
Revenue $1,212 $58,432 -1.0%
Expenses $20,976 $1,067,691 -1.0%
Net Income $-19,764 $-1,009,259 -1.0%
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

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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
7
Independent Members
7
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
7
$0
Key Employees
2
$1,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vickie McDonald Executive Director 1
Key Emp
$1,000 $0 $1,000
Curt Bromm Treasurer & Director 0.5
Officer Director
$0 $0 $0
Kent Rogert Director 0.5
Director
$0 $0 $0
Kate Sullivan Director 0.5
Director
$0 $0 $0
Mike Gloor President and Director 0.5
Director Key Emp
$0 $0 $0
Greg Adams Director 0.5
Director
$0 $0 $0
Kathy Campbell Secretary and Director 0.5
Officer Director
$0 $0 $0
Mark Kolterman Vice President and Director 0.5
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 $1,212 $20,976 $15,705 $-19,764
2024 $58,432 $1,067,691 $35,469 $-1,009,259
2023 $-135,923 $26,664 $1,064,084 $-162,587
2022 $171,853 $18,470 $936,551 $153,383
2021 $391,702 $66,126 $1,051,332 $325,576
2020 $120,219 $250,848 $728,355 $-130,629
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