GREATER NEBRASKA INDEPENDENT HOUSING INC (EIN 363488634) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

TRACY BABCOCK

Phone

3083847896

Tax Period

2024-01-01 to 2024-06-30

GREATER NEBRASKA INDEPENDENT HOUSING INC, founded in 1986, is a small nonprofit in the Human Services sector that reported $121K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $173K exceeded revenue, resulting in a 43% operating deficit.

Mission

RESIDENTIAL RENTAL TO HANDICAPPED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $118,703

Investment Income $90

Other Revenue $1,838

TOTAL REVENUE $120,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,550

Fundraising Expenses $0

Program Expenses $156,568

Other Expenses $154,142

TOTAL EXPENSES $172,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,631	$229,024	-0.5%
Expenses	$172,692	$265,384	-0.3%
Net Income	$-52,061	$-36,360	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
TRACY BABCOCK	PRESIDENT	1.00	Officer Director	$0	$0	$0
KURT BROWN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DONNA DOUGLASS	MEMBER	1.00	Officer Director	$0	$0	$0
KIM HURT	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
BRAIN KORT	MEMBER	1.00	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
2024	$120,631	$172,692	$342,816	$-52,061
2023	$229,024	$265,384	$373,184	$-36,360
2022	$216,884	$213,723	$432,072	$3,161
2021	$219,159	$209,062	$428,727	$10,097
2020	$226,313	$199,709	$446,863	$26,604
2019	$220,505	$219,196	$439,551	$1,309

GREATER NEBRASKA INDEPENDENT HOUSING INC