SEWARD FOUNDATION INC (EIN 470642721) - 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

ALEX WORTMAN

Phone

4026430701

Tax Period

2024-07-01 to 2025-06-30

SEWARD FOUNDATION INC, founded in 1981, is a micro nonprofit that reported $51K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $28K, a strong 56% operating margin.

Mission

TO PROVIDE GRANT MONIES TO THE CITY OF SEWARD, NE AND TO THE SEWARD NEBRASKA SCHOOL DISTRICT 9. APPLICANTS MUST COMPLETE GRANT FORMS FOR BOARD APPROVAL.

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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 $6,288

Program Service Revenue $0

Investment Income $44,559

Other Revenue $0

TOTAL REVENUE $50,847

Expense Breakdown

Grants Paid $19,346

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,524

Other Expenses $3,178

TOTAL EXPENSES $22,524

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,847	$45,345	+0.1%
Expenses	$22,524	$14,079	+0.6%
Net Income	$28,323	$31,266	-0.1%

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
RYNE SEAMAN	PRESIDENT	1.00	Officer	$0	$0	$0
KARL MILLER	VICE PRESIDENT	1.00	Officer	$0	$0	$0
ALEX WORTMANN	TREASURER	1.00	Officer	$0	$0	$0
VIKKI GREMEL	SECRETARY	1.00	Officer	$0	$0	$0
MATT HASTINGS	DIRECTOR	1.00	Director	$0	$0	$0
TATUM TONNIGES	DIRECTOR	1.00	Director	$0	$0	$0
BECKY VAHLE	DIRECTOR	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	$50,847	$22,524	$2,501,546	$28,323
2024	No data	No data	No data	No data
2023	$56,925	$23,181	$2,273,711	$33,744
2022	$52,220	$27,501	$2,237,038	$24,719
2021	$152,745	$17,591	$2,212,319	$135,154

SEWARD FOUNDATION INC