Vera Rasmussen Irrevocable Trust

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Audrea Kappert

Phone

4028276954

Tax Period

2024-01-01 to 2024-12-31

Vera Rasmussen Irrevocable Trust, founded in 1982, is a small nonprofit in the Religion sector that reported $168K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. Expenses of $194K exceeded revenue, resulting in a 15% operating deficit.

Mission

Provide support for Unity Church of Omaha

Program Service Accomplishments

Program 1

Expenses: $168,000

This trust was established for the benefit of Unity Church of Omaha. Trust earnings are used to support the church.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $168,217

Other Revenue $0

TOTAL REVENUE $168,217

Expense Breakdown

Grants Paid $168,000

Salaries & Benefits $16,224

Fundraising Expenses $0

Program Expenses $168,000

Other Expenses $9,709

TOTAL EXPENSES $193,933

Year-over-Year Comparison

	2024	2023	Change
Revenue	$168,217	$85,280	+1.0%
Expenses	$193,933	$194,031	0.0%
Net Income	$-25,716	$-108,751	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Union Bank Trust Company	Trustee	5.0		$16,224	$0	$16,224
Jerry Imig	Finance Committee	5.0	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	$168,217	$193,933	$2,608,923	$-25,716
2023	$85,280	$194,031	$2,595,270	$-108,751
2022	$76,802	$233,378	$2,571,667	$-156,576
2021	$275,991	$390,854	$3,095,869	$-114,863
2020	$122,677	$227,840	$3,127,618	$-105,163