NEBRASKA PRESS ASSOC FOUNDATION

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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

1991

Legal Domicile

Principal Officer

JIM DICKERSON

Phone

4024762851

Tax Period

2023-01-01 to 2023-12-31

NEBRASKA PRESS ASSOC FOUNDATION, founded in 1991, is a micro nonprofit in the Education sector that reported $92K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $82K left a modest 10% surplus.

Mission

PROMOTE JOURNALISM IN NEBRASKA THROUGH SCHOLARSHIPS, AWARDS FOR EXCELLENCE IN JOURNALISM AND SUPPORT FOR JOURNALISM PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $75,877

PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS AND INDIVIDUALS IN JOURNALISM, JOURNALISM SCHOOLS AND PROMOTE THE NEWSPAPER INDUSTRY IN NEBRASKA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $74,402

Program Service Revenue $0

Investment Income $14,914

Other Revenue $2,520

TOTAL REVENUE $91,836

Expense Breakdown

Grants Paid $72,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,877

Other Expenses $10,252

TOTAL EXPENSES $82,252

Year-over-Year Comparison

	2023	2022	Change
Revenue	$91,836	$66,831	+0.4%
Expenses	$82,252	$51,026	+0.6%
Net Income	$9,584	$15,805	-0.4%

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

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
JIM DICKERSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
PEGGY YEAR	SECRETARY	1.00	Officer Director	$0	$0	$0
GERRI PETERSON	TREASURER	1.00	Officer Director	$0	$0	$0
ROD WORRELL	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
AMY JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
NATHAN ARNEAL	TRUSTEE	1.00	Director	$0	$0	$0
DARRAN FOWLER	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$91,836	$82,252	$413,200	$9,584
2022	$66,831	$51,026	$403,616	$15,805
2021	$44,887	$34,219	$387,811	$10,668
2020	$25,581	$34,347	$377,314	$-8,766
2019	$51,469	$40,368	$385,909	$11,101
2018	$32,439	$43,722	$374,808	$-11,283