LINCOLN AREA BUSINESS ASSOCIATION (EIN 411535892) - 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

1978

Legal Domicile

Principal Officer

HERB BLOOMQUIST

Phone

3202328365

Tax Period

2023-05-01 to 2024-04-30

LINCOLN AREA BUSINESS ASSOCIATION, founded in 1978, is a micro nonprofit that reported $22K in total revenue in fiscal year 2023. The organization ran a surplus of $9K, a strong 40% operating margin.

Mission

OUR ASSOCIATION MARKETS THE LOCAL COMMUNITY TO POTENTIAL NEW BUSINESSES AND TO BRING IN TOURISTS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,925

Investment Income $220

Other Revenue $16,171

TOTAL REVENUE $22,316

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $13,313

Other Expenses $8,313

TOTAL EXPENSES $13,313

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,316	$-17,507	-2.3%
Expenses	$13,313	$9,256	+0.4%
Net Income	$9,003	$-26,763	-1.3%

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

Volunteers

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

$3,140

Total Directors

$3,140

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY BREY	SECRETARY	1.50	Officer Director	$3,140	$0	$3,140
HERB BLOOMQUIST	PRESIDENT	1.50	Officer Director	$0	$0	$0
PEG HARTUNG	VICE PRESIDE	1.50	Officer Director	$0	$0	$0
TODD KRAJSA	TREASURER	1.50	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	$22,316	$13,313	$79,609	$9,003
2023	$-17,507	$9,256	$71,535	$-26,763
2022	$22,339	$8,835	$99,110	$13,504
2021	$-10,293	$1,720	$84,327	$-12,013
2020	$2,084	$1,619	$95,151	$465
2019	$16,557	$4,309	$95,183	$12,248
2018	$17,396	$7,540	$82,486	$9,856

LINCOLN AREA BUSINESS ASSOCIATION