KAPPA FOUNDATION

EIN: 470809384 501(c)(3) Education

LINCOLN, NE

Total Revenue
$522,182
Total Expenses
$315,558
Total Assets
$5,300,211
Net Assets
$4,279,041
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NE
Principal Officer
DOUG WEHRBEIN
Phone
4023804969
Tax Period
2023-07-01 to 2024-06-30

KAPPA FOUNDATION, founded in 1998, is a small nonprofit in the Education sector that reported $522K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $207K, a strong 40% operating margin.

Mission

KAPPA FOUNDATION PROVIDES HOUSING AND SCHOLARSHIP SUPPORT TO STUDENTS ATTENDING THE UNIVERSITY OF NEBRASKA-LINCOLN, PRIMARILY THOSE ENROLLED IN THE COLLEGE OF AGRICULTURAL SCIENCES AND NATURAL RESOURCES. THE FOUNDATION SUPPORTS AN EDUCATIONAL ENVIRONMENT CONDUCIVE TO BOTH FORMAL AND INFORMAL EDUCATION IN ORDER TO ENCOURAGE AND INFLUENCE A BROADER AND BETTER AGRICULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $61,186
Program Service Revenue $436,000
Investment Income $21,312
Other Revenue $3,684
TOTAL REVENUE $522,182

Expense Breakdown

Grants Paid $42,050
Salaries & Benefits $0
Fundraising Expenses $1,494
Program Expenses $309,243
Other Expenses $273,508
TOTAL EXPENSES $315,558

Year-over-Year Comparison

2023 2022 Change
Revenue $522,182 $418,351 +0.2%
Expenses $315,558 $343,462 -0.1%
Net Income $206,624 $74,889 +1.8%
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
9
Independent Members
9
Employees
N/A
Volunteers
10

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FORD TRUSTEE N/A
Director
$0 $0 $0
AC PAT HECOX VP N/A
Director
$0 $0 $0
ERIC KAMLER TRUSTEE N/A
Director
$0 $0 $0
DUSTY KNUTH TRUSTEE N/A
Director
$0 $0 $0
JOHN MCKEEVER SECRETARY N/A
Officer Director
$0 $0 $0
TODD SCHROEDER TRUSTEE N/A
Director
$0 $0 $0
CRAIG UDEN TRUSTEE N/A
Director
$0 $0 $0
DOUG WEHRBEIN PRESIDENT N/A
Officer Director
$0 $0 $0
CHUCK WOODSIDE TRUSTEE N/A
Director
$0 $0 $0
ROSS JENSEN TREASURER N/A
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 No data No data No data No data
2024 $522,182 $315,558 $5,300,211 $206,624
2023 $418,351 $343,462 $5,203,824 $74,889
2022 $431,691 $279,867 $5,252,230 $151,824
2021 $366,768 $342,350 $5,299,664 $24,418
2020 $383,797 $316,987 $5,325,452 $66,810
2019 $373,398 $323,806 $5,392,486 $49,592
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