EDUCARE OF LINCOLN QALICB INC

EIN: 471981909 501(c)(3)

LINCOLN, NE

Total Revenue
$9,559,054
Total Expenses
$198,613
Total Assets
N/A
Net Assets
N/A
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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
2014
Legal Domicile
NE
Principal Officer
SHERRI JONES
Phone
4024583171
Tax Period
2020-07-01 to 2021-06-30

EDUCARE OF LINCOLN QALICB INC, founded in 2014, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2020. Revenue surged 8166% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.4M, a strong 98% operating margin.

Mission

THE ORGANIZATION WAS ESTABLISHED TO HOLD AND MANAGE CERTAIN REAL ESTATE AND PERSONAL PROPERTY ON WHICH THE SUPPORTED ORGANIZATION, EDUCARE OF LINCOLN, INC., CARRIES OUT ITS EXEMPT ACTIVITIES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $28,953
Investment Income $0
Other Revenue $9,530,101
TOTAL REVENUE $9,559,054

Expense Breakdown

Grants Paid $45,707
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $198,613
Other Expenses $152,906
TOTAL EXPENSES $198,613

Year-over-Year Comparison

2020 2019 Change
Revenue $9,559,054 $115,646 +81.7%
Expenses $198,613 $345,901 -0.4%
Net Income $9,360,441 $-230,255 -41.7%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARJORIE KOSTELNIK PRESIDENT 1.00
Officer Director
$0 $0 $0
LINDA HIX SECRETARY 1.00
Officer Director
$0 $0 $0
JESSIE RASMUSSEN 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
2021 $9,559,054 $198,613 No data $9,360,441
2020 $115,646 $345,901 $8,588,971 $-230,255
2019 $114,640 $345,159 $8,819,226 $-230,519
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