NEBRASKA NURSES ASSOCIATION

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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

1906

Legal Domicile

Principal Officer

LINDA HARDY

Phone

5736364623

Tax Period

2024-01-01 to 2024-12-31

NEBRASKA NURSES ASSOCIATION, founded in 1906, is a small nonprofit that reported $206K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

PROMOTION OF NURSING PROFESSION AND NURSING STANDARDS.

Program Service Accomplishments

Program 1

NNA WORKS FOR THE IMPROVEMENT OF HEALTH STANDARDS AND THE AVAILABILITY OF HEALTH CARE SERVICES FOR ALL PEOPLE. NNA FOSTERS HIGH STANDARDS OF NURSING, STIMULATES AND PROMOTES THE PROFESSIONAL...

NNA WORKS FOR THE IMPROVEMENT OF HEALTH STANDARDS AND THE AVAILABILITY OF HEALTH CARE SERVICES FOR ALL PEOPLE. NNA FOSTERS HIGH STANDARDS OF NURSING, STIMULATES AND PROMOTES THE PROFESSIONAL DEVELOPMENT OF NURSES AND ADVANCED PRACTICE OPPORTUNITIES TO FULLY UTILIZE EDUCATION AND SKILLS WITHIN THE SCOPE OF NURSING PRACTICE. NNA PROMOTES AND PROTECTS THE PRACTICE OF PROFESSIONAL NURSING AND PROVIDES THE LEADING FORUM FOR CONTEMPORARY NURSING ISSUES IN NEBRASKA BY PROVIDING MEMBERSHIP OPTIONS AS WELL AS CONFERENCES.

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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 $7,195

Program Service Revenue $186,863

Investment Income $7,313

Other Revenue $4,894

TOTAL REVENUE $206,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $203,141

TOTAL EXPENSES $203,141

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,265	$190,788	+0.1%
Expenses	$203,141	$228,342	-0.1%
Net Income	$3,124	$-37,554	-1.1%

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

Volunteers

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

$23,557

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM HOUTWED	EXECUTIVE DI	20.00	Director	$0	$4,149	$23,557
LYNNE BUCHANAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LINDA HARDY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MOLLY HERZBERG	TREASURER	1.00	Officer Director	$0	$0	$0
JENNA HOHENFELDT	SECRETARY	1.00	Officer Director	$0	$0	$0
LIZ JONES	NPDC CHAIR	1.00	Director	$0	$0	$0
LUANNE LUNDERGARD	GFMC CHAIR	1.00	Director	$0	$0	$0
JODI NELSON	MIG CHAIR	1.00	Director	$0	$0	$0
BARB PETERSEN	LARC CHAIR	1.00	Director	$0	$0	$0
LINDA STONES	PRESIDENT-EL	1.00	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	$206,265	$203,141	$234,086	$3,124
2019	$243,587	$243,027	$259,937	$560
2018	$265,283	$284,662	$259,377	$-19,379