FRIENDS OF HOMESTEAD NATIONAL HISTORIC PARK

EIN: 470842437 501(c)(3) Arts, Culture & Humanities

BEATRICE, NE

Total Revenue
$138,901
Total Expenses
$105,972
Total Assets
$521,742
Net Assets
$521,742
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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

Principal Officer
DONALD FERNEDING
Phone
4022284241
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF HOMESTEAD NATIONAL HISTORIC PARK is a small nonprofit in the Arts, Culture & Humanities sector that reported $139K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $33K, a strong 24% operating margin.

Mission

PROMOTE AND ENHANCE HOMESTEAD NATIONAL MONUMENT THROUGH INCREASING PUBLIC AWARENESS, EDUCATION AND VARIOUS ACTIVITIES INCLUDING HOMESTEAD DAYS

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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 $115,818
Program Service Revenue $0
Investment Income $1,925
Other Revenue $21,158
TOTAL REVENUE $138,901

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $221,790
Other Expenses $105,972
TOTAL EXPENSES $105,972

Year-over-Year Comparison

2023 2022 Change
Revenue $138,901 $156,116 -0.1%
Expenses $105,972 $134,204 -0.2%
Net Income $32,929 $21,912 +0.5%
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
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD FERNEDING PRESIDENT N/A
Officer Director
$0 $0 $0
RICHARD HOVENDICK VICE PRESIDE N/A
Officer Director
$0 $0 $0
HEIDI MCCLINTOCK SECRETARY N/A
Officer Director
$0 $0 $0
TAMARA WEERS TREASURER N/A
Officer 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
2024 No data No data No data No data
2023 $138,901 $105,972 $521,742 $32,929
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