ASSOCIATION OF STUDENTS OF THE UNIVERSITY OF NEBRASKA

EIN: 470519537 501(c)(3)

LINCOLN, NE

Total Revenue
$679,574
Total Expenses
$828,155
Total Assets
$3,299,930
Net Assets
$331,099
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
NE
Principal Officer
RYAN LAHNE
Phone
4024720003
Tax Period
2024-07-01 to 2025-06-30

ASSOCIATION OF STUDENTS OF THE UNIVERSITY OF NEBRASKA, founded in 1973, is a small nonprofit that reported $680K in total revenue in fiscal year 2024. Expenses of $828K exceeded revenue, resulting in a 22% operating deficit.

Mission

ASUN IS THE STUDENT GOVERNING BODY FOR STUDENTS ATTENDING THE UNIVERSITY OF NEBRASKA-LINCOLN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,187
Program Service Revenue $523,361
Investment Income $150,026
Other Revenue $0
TOTAL REVENUE $679,574

Expense Breakdown

Grants Paid $0
Salaries & Benefits $543,431
Fundraising Expenses $0
Program Expenses $668,516
Other Expenses $284,724
TOTAL EXPENSES $828,155

Year-over-Year Comparison

2024 2023 Change
Revenue $679,574 $695,650 0.0%
Expenses $828,155 $844,988 0.0%
Net Income $-148,581 $-149,338 0.0%
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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Governance

Voting Members
37
Independent Members
37
Employees
N/A
Volunteers
38

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
5
$0
Total Directors
37
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH HERBIN PRESIDENT 5.00
Officer Director
$0 $0 $0
ZEIN SALEH INTERNAL VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
LUKE MCDERMOTT EXTERNAL VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JESSIE MATTHES TREASURER 20.00
Officer Director
$0 $0 $0
BENJAMIN MORGAN SENATOR 1.00
Director
$0 $0 $0
FURQAN MAHDI SENATOR 1.00
Director
$0 $0 $0
RENATA CADENA SENATOR 1.00
Director
$0 $0 $0
ASHLEY ABRAHAMS SENATOR 1.00
Director
$0 $0 $0
KATHRYN SINGH SENATOR 1.00
Director
$0 $0 $0
MISHA JALALI SENATOR 1.00
Director
$0 $0 $0
ABBA YAGUB SENATOR 1.00
Director
$0 $0 $0
JACK BURCHESS SENATOR 1.00
Director
$0 $0 $0
CARLIE DAVIS SENATOR 1.00
Director
$0 $0 $0
EMMA LINDSEY SENATOR 1.00
Director
$0 $0 $0
PATRICK STOLINSKI SENATOR 1.00
Director
$0 $0 $0
ONIK SISODIYA SENATOR 1.00
Director
$0 $0 $0
ANA WOMBACHER SENATOR 1.00
Director
$0 $0 $0
DEEPA CHOUDHRY SENATOR 1.00
Director
$0 $0 $0
OLIVIA VANDERFORD SENATOR 1.00
Director
$0 $0 $0
ABHI KARRI SENATOR 1.00
Director
$0 $0 $0
MAATHIR BASI SENATOR 1.00
Director
$0 $0 $0
EMILY FRECH SENATOR 1.00
Director
$0 $0 $0
JOHN JACOBSON SENATOR 1.00
Director
$0 $0 $0
MICHELLE GARCIA-BARILLAS SENATOR 1.00
Director
$0 $0 $0
TREY QUICK SENATOR 1.00
Director
$0 $0 $0
KALEIGH ZOLLMAN SENATOR 1.00
Director
$0 $0 $0
ALEJANDRA VASQUEZ SENATOR 1.00
Director
$0 $0 $0
ISELA TERCERO SENATOR 1.00
Director
$0 $0 $0
MADIE BEASLEY SENATOR 1.00
Director
$0 $0 $0
SARA AL-RISHAWI SENATOR 1.00
Director
$0 $0 $0
NAREE PHILAVANH SENATOR 1.00
Director
$0 $0 $0
KARSON WALTERS SENATOR 1.00
Director
$0 $0 $0
LAILA DOYLE SENATOR 1.00
Director
$0 $0 $0
MARLANA SAALFELD SENATOR 1.00
Director
$0 $0 $0
WYATT SCHNASE SENATOR 1.00
Director
$0 $0 $0
EAMONN CONWAY SENATOR 1.00
Director
$0 $0 $0
TORI COCANNOUER SENATOR 1.00
Director
$0 $0 $0
RYAN LAHNE ADVISOR ASSISTANT VICE CHANCELLOR 1.00
Officer
$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 $679,574 $828,155 $3,299,930 $-148,581
2024 $695,650 $844,988 $2,801,502 $-149,338
2023 $633,046 $734,498 $3,494,694 $-101,452
2022 $520,815 $545,149 $2,440,747 $-24,334
2021 $516,118 $509,641 $2,465,081 $6,477
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