NORTH CENTRAL DEVELOPMENT CENTER INC

EIN: 470764517 501(c)(3) Community Improvement

AINSWORTH, NE

Total Revenue
$127,224
Total Expenses
$97,282
Total Assets
$243,608
Net Assets
$241,739
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NE
Principal Officer
KIM BUCKLEY
Phone
4023872740
Tax Period
2022-01-01 to 2022-12-31

NORTH CENTRAL DEVELOPMENT CENTER INC, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $127K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 24% operating margin.

Mission

TO PROMOTE AND COORDINATE ECONOMIC DEVELOPMENT, EDUCATION, AND QUALITY OF LIFE THROUGH STRENGTHENED COMMUNICATION IN NORTH CENTRAL NEBRASKA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $115,395
Program Service Revenue $5,135
Investment Income $170
Other Revenue $6,524
TOTAL REVENUE $127,224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,815
Fundraising Expenses $0
Program Expenses $97,282
Other Expenses $27,467
TOTAL EXPENSES $97,282

Year-over-Year Comparison

2022 2021 Change
Revenue $127,224 $178,000 -0.3%
Expenses $97,282 $77,216 +0.3%
Net Income $29,942 $100,784 -0.7%
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

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Governance

Voting Members
11
Independent Members
11
Employees
2
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
3
$0
Total Directors
12
$57,280
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN OLSON EXECUTIVE DI 40.00
Director
$57,280 $0 $57,280
DENNIS BAUER VICE-PRESIDE 2.00
Officer Director
$0 $0 $0
KIM BUCKLEY PRESIDENT 10.00
Officer Director
$0 $0 $0
TROY COOK BOARD MEMBER 2.00
Director
$0 $0 $0
ANN FIALA BOARD MEMBER 2.00
Director
$0 $0 $0
SHERYL GRAFF BOARD MEMBER 2.00
Director
$0 $0 $0
ROSA KIENKE BOARD MEMBER 2.00
Director
$0 $0 $0
GRAIG KINZIE SECRETARY/TR 2.00
Officer Director
$0 $0 $0
GLEN MAY BOARD MEMBER 2.00
Director
$0 $0 $0
LISA SCHROEDL BOARD MEMBER 2.00
Director
$0 $0 $0
EMILY SHOOK BOARD MEMBER 2.00
Director
$0 $0 $0
BRAD WILKINS BOARD MEMBER 2.00
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 No data No data No data No data
2024 No data No data No data No data
2023 No data No data No data No data
2022 $127,224 $97,282 $243,608 $29,942
2021 $178,025 $77,216 $214,508 $100,809
2019 $137,546 $1,135,779 $202,772 $-998,233
2018 $211,022 $203,113 $1,177,572 $7,909
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