SOUTHEAST COMMUNITY COLLEGE EDUCATIONAL FOUNDATION

EIN: 510168407 501(c)(3) Education

LINCOLN, NE

Total Revenue
$8,580,165
Total Expenses
$4,283,984
Total Assets
$48,965,746
Net Assets
$48,764,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NE
Principal Officer
MICHELLE BIRKEL
Phone
4023233414
Tax Period
2024-07-01 to 2025-06-30

SOUTHEAST COMMUNITY COLLEGE EDUCATIONAL FOUNDATION, founded in 1975, is a community nonprofit in the Education sector that reported $8.6M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 50% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO BOLDLY SUPPORT THE VITALITY AND GROWTH OF SOUTHEAST COMMUNITY COLLEGE, EMPOWERING THE STUDENTS, STAFF, AND BROADER COMMUNITIES IT SERVES BY CREATING A LEGACY OF EDUCATIONAL OPPORTUNITIES THAT FOSTER ECONOMIC ENRICHMENT AND SHARED BENEFITS FOR ALL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,730,516
Program Service Revenue $0
Investment Income $2,672,500
Other Revenue $177,149
TOTAL REVENUE $8,580,165

Expense Breakdown

Grants Paid $3,919,737
Salaries & Benefits $0
Fundraising Expenses $136,295
Program Expenses $3,919,737
Other Expenses $364,247
TOTAL EXPENSES $4,283,984

Year-over-Year Comparison

2024 2023 Change
Revenue $8,580,165 $6,717,384 +0.3%
Expenses $4,283,984 $2,905,423 +0.5%
Net Income $4,296,181 $3,811,961 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
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
5
$348,576
Total Directors
11
$348,576
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN KISER PRESIDENT 1.00
Officer Director
$0 $0 $0
DORIS ROBERTSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
HOLLY OSTERGARD SECRETARY 1.00
Officer Director
$0 $0 $0
MITCH BARTHOLOMEW BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CASEY BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH HAMMONS BOARD MEMBER 1.00
Director
$0 $0 $0
JACK HUCK BOARD MEMBER 1.00
Director
$0 $0 $0
JILL ZIMMERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE BIRKEL EXECUTIVE DI 40.00
Officer Director
$0 $42,698 $140,600
AMY JORGENS TREASURER 3.00
Officer Director
$0 $58,526 $207,976
PAUL ILLICH EX-OFFICIO 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
2025 $8,580,165 $4,283,984 $48,965,746 $4,296,181
2024 $6,717,384 $2,905,423 $43,208,537 $3,811,961
2023 $11,462,538 $8,449,065 $38,166,502 $3,013,473
2022 $7,534,713 $5,041,244 $34,869,920 $2,493,469
2021 $5,071,720 $2,242,220 $37,045,989 $2,829,500
2020 $3,948,738 $2,687,263 $29,344,198 $1,261,475
2019 $5,976,986 $4,469,204 $27,927,921 $1,507,782
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