THE OMAHA HOME FOR BOYS

EIN: 470376529 501(c)(3) Human Services

OMAHA, NE

Total Revenue
$10,501,444
Total Expenses
$9,276,178
Total Assets
$88,771,416
Net Assets
$87,175,052
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1920
Legal Domicile
NE
Principal Officer
JEFF DEWISPELARE
Phone
4024577000
Tax Period
2024-01-01 to 2024-12-31

THE OMAHA HOME FOR BOYS, founded in 1920, is a mid-sized nonprofit in the Human Services sector that reported $10.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $9.3M left a modest 12% surplus.

Mission

THE MISSION OF THE OMAHA HOME FOR BOYS IS TO SUPPORT AND STRENGTHEN YOUTH, YOUNG ADULTS, AND FAMILIES THROUGH SERVICES THAT INSPIRE AND EQUIP THEM TO LEAD INDEPENDENT AND PRODUCTIVE LIVES.

Program Service Accomplishments

Program 1
Expenses: $2,580,018 Revenue: $733,212

RESIDENTIAL LIVINGOHB'S RESIDENTIAL LIVING PROGRAM SERVES HIGH SCHOOL AGE BOYS, PROVIDING THEM WITH A SAFE, STABLE ENVIRONMENT WHERE THEY LIVE, LEARN AND GROW TO BECOME PRODUCTIVE, INDEPENDENT...

Read more

RESIDENTIAL LIVINGOHB'S RESIDENTIAL LIVING PROGRAM SERVES HIGH SCHOOL AGE BOYS, PROVIDING THEM WITH A SAFE, STABLE ENVIRONMENT WHERE THEY LIVE, LEARN AND GROW TO BECOME PRODUCTIVE, INDEPENDENT ADULTS. YOUTH IN THE PROGRAM LIVE ON OHB'S MAIN CAMPUS AND ATTEND THE OHB SCHOOL WHILE ALSO HAVING ACCESS TO THERAPY, EMPLOYMENT OPPORTUNITIES, RECREATION AND OTHER SUPPORT SERVICES. BEHAVIORALLY-BASED CURRICULUM IS USED TO HELP YOUTH LEARN LIFE SKILLS, DEVELOP POSITIVE BEHAVIORS AND ADVANCE ACADEMICALLY.

Program 2
Expenses: $1,887,701 Revenue: $185,996

SELF-SUFFICIENCY SERVICESOHB'S SELF-SUFFICIENCY SERVICES INCLUDE TRANSITIONAL LIVING, INDEPENDENT LIVING, AND SUPPORTIVE COMMUNITY LIVING. THESE PROGRAMS AID YOUNG ADULTS WHO ARE OFTEN LIVING IN A...

Read more

SELF-SUFFICIENCY SERVICESOHB'S SELF-SUFFICIENCY SERVICES INCLUDE TRANSITIONAL LIVING, INDEPENDENT LIVING, AND SUPPORTIVE COMMUNITY LIVING. THESE PROGRAMS AID YOUNG ADULTS WHO ARE OFTEN LIVING IN A STATE OF CRISIS. YOUTH WORK WITH OHB STAFF TO DEVELOP THE SKILLS AND CONFIDENCE NEEDED TO LIVE INDEPENDENT, PRODUCTIVE LIVES. AREAS OF SUPPORT INCLUDE: HOUSING, EDUCATION, EMPLOYMENT, TRANSPORTATION, HEALTH & WELLNESS, AND BASIC LIFE SKILLS. SAFE, AFFORDABLE LIVING SPACES ARE PROVIDED FOR CLENTS IN THE TRANSITIONAL LIVING AND SUPPORTIVE COMMUNITY LIVING PROGRAMS WHILE YOUNG ADULTS IN THE INDEPENDENT LIVING PROGRAM LIVE ON THEIR OWN IN THE COMMUNITY.

Program 3
Expenses: $2,033,008 Revenue: $722,072

OHB'S CLINICAL SERVICES PROGRAM OFFERS A NUMBER OF BEHAVIORAL HEALTH, MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES THAT ARE BOTH TRAUMA-FOCUSED AND STRENGTHS-BASED. SERVICES OFFERED PLACE A HIGH...

Read more

OHB'S CLINICAL SERVICES PROGRAM OFFERS A NUMBER OF BEHAVIORAL HEALTH, MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES THAT ARE BOTH TRAUMA-FOCUSED AND STRENGTHS-BASED. SERVICES OFFERED PLACE A HIGH EMPHASIS ON EDUCATION, PRACTICE, AND DEVELOPMENT OF NEW SKILLS TO HELP INDIVIDUALS ACHIEVE GOALS. THE CLINICAL SERVICES PROGRAM EXPANDS BEYOND OHB'S YOUTH TO SERVE OTHER YOUTH AND FAMILIES IN THE COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,340,827
Program Service Revenue $1,622,352
Investment Income $6,281,808
Other Revenue $256,457
TOTAL REVENUE $10,501,444

Expense Breakdown

Grants Paid $177,733
Salaries & Benefits $5,191,823
Fundraising Expenses $1,245,091
Program Expenses $6,500,727
Other Expenses $3,906,622
TOTAL EXPENSES $9,276,178

Year-over-Year Comparison

2024 2023 Change
Revenue $10,501,444 $9,648,210 +0.1%
Expenses $9,276,178 $9,065,959 +0.0%
Net Income $1,225,266 $582,251 +1.1%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
97
Volunteers
50

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
6
$403,434
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA ATKINS CHAIRPERSON 3.00
Officer Director
$0 $0 $0
SERENNA RUSSELL VICE CHAIRPERSON 3.00
Officer Director
$0 $0 $0
JASON GUSTAFSON TREASURER 3.00
Officer Director
$0 $0 $0
VICTOR BAEZ SECRETARY 3.00
Officer Director
$0 $0 $0
DUSTIN JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
FREDDIE CLOPTON DIRECTOR 1.00
Director
$0 $0 $0
MICAH EVANS DIRECTOR 1.00
Director
$0 $0 $0
DAVID GIBBS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL WILCOXEN DIRECTOR 1.00
Director
$0 $0 $0
LISA STERBA DIRECTOR 1.00
Director
$0 $0 $0
JANIS YERGAN DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY DEWISPELARE PRESIDENT & CEO 50.00
Officer
$196,904 $62,310 $259,214
MELANIE MCCAIN CHIEF FINANCIAL OFFICER 50.00
Officer
$105,034 $39,186 $144,220
BRANDY GUSTOFF CHIEF OPERATING OFFICER 50.00
Highest
$128,447 $24,073 $152,520
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 $10,501,444 $9,276,178 $88,771,416 $1,225,266
2023 $9,648,210 $9,065,959 $88,342,911 $582,251
2022 $6,905,612 $8,980,727 $84,254,790 $-2,075,115
2021 $10,830,640 $9,715,712 $92,620,011 $1,114,928
2020 $5,934,462 $9,768,876 $87,791,143 $-3,834,414
2019 $8,850,573 $9,011,678 $86,388,638 $-161,105
2018 $18,623,237 $9,618,688 $85,485,817 $9,004,549
Explore More Nonprofits
Top 100 Nonprofits in Nebraska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE OMAHA HOME FOR BOYS with other nonprofits in Nebraska and across the country.