NEBRASKA FOUNDATION FOR THE HUMANITIES (EIN 470638422) - Form 990 Financial Analysis & Trantor Score

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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

1981

Legal Domicile

Principal Officer

MIKE HOMA

Phone

4024742131

Tax Period

2024-11-01 to 2025-10-31

NEBRASKA FOUNDATION FOR THE HUMANITIES, founded in 1981, is a small nonprofit that reported $752K in total revenue in fiscal year 2024. Revenue surged 214% from the prior year, signaling strong growth momentum. The organization ran a surplus of $549K, a strong 73% operating margin.

Mission

TO WORK TO SECURE PRIVATE FUNDING AND ADVOCATE FOR THE PUBLIC FUNDING AT THE STATE AND FEDERAL LEVELS TO SUPPORT THE PROGRAMS OF THE NEBRASKA HUMANITIES COUNCIL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $519,669

Program Service Revenue $0

Investment Income $232,698

Other Revenue $0

TOTAL REVENUE $752,367

Expense Breakdown

Grants Paid $191,931

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $191,931

Other Expenses $11,737

TOTAL EXPENSES $203,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$752,367	$239,496	+2.1%
Expenses	$203,668	$75,250	+1.7%
Net Income	$548,699	$164,246	+2.3%

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

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
KEITH BYSTROM	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER CREAGER	DIRECTOR	1.00	Director	$0	$0	$0
DON DIETEMEYER	DIRECTOR	1.00	Director	$0	$0	$0
JOEL FALK	DIRECTOR	1.00	Director	$0	$0	$0
KAREN HIGGINS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HOMA	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEANNETTE EILEEN JONES	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN KRUEGER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK LEAHY	DIRECTOR	1.00	Director	$0	$0	$0
MATT LOW	DIRECTOR	1.00	Director	$0	$0	$0
RENEE MCCLYMONT	DIRECTOR	1.00	Director	$0	$0	$0
DAVE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
M TIMOTHY NOLTING	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN OSBERG	DIRECTOR	1.00	Director	$0	$0	$0
ANDY POLLOCK	DIRECTOR	1.00	Director	$0	$0	$0
MARY RAIMONDO	DIRECTOR	1.00	Director	$0	$0	$0
NANCY SHANK	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT SNELL	DIRECTOR	1.00	Director	$0	$0	$0
LAURA TROSHYNSKI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID VAIL	DIRECTOR	1.00	Director	$0	$0	$0
CAROL WANG	DIRECTOR	1.00	Director	$0	$0	$0
SARA WOODS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER SOMMERICH	EXECUTIVE DI	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	$752,367	$203,668	$4,351,674	$548,699
2024	$239,496	$75,250	$3,545,111	$164,246
2023	$129,879	$8,979	$3,018,392	$120,900
2022	$111,424	$69,785	$2,876,067	$41,639
2021	$542,764	$8,620	$3,287,272	$534,144
2020	$130,977	$157,390	$2,480,868	$-26,413
2019	$93,425	$7,676	$2,597,119	$85,749
2018	$207,322	$7,282	$2,364,069	$200,040

NEBRASKA FOUNDATION FOR THE HUMANITIES