HOWELLS-DODGE EDUCATIONAL FACILITIES LEASING CORPORATION (EIN 882947919) - Form 990 Financial Analysis & Trantor Score

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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

2022

Legal Domicile

Principal Officer

MARK ERNST

Phone

4029861621

Tax Period

2024-09-01 to 2025-08-31

HOWELLS-DODGE EDUCATIONAL FACILITIES LEASING CORPORATION, founded in 2022, is a small nonprofit in the Education sector that reported $405K in total revenue in fiscal year 2024. The organization ran a surplus of $347K, a strong 86% operating margin.

Mission

TO SERVE THE EXCLUSIVE BENEFIT OF THE COLFAX COUNTY SCHOOL DISTRICT NO. 19-0070, COMMONLY KNOWN AS HOWELLS-DODGE CONSOLIDATED SCHOOLS, AN EDUCATIONAL ORGANIZATION AND POLITICAL SUBDIVISION OF THE STATE OF NEBRASKA THROUGH THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, AND EQUIPPING OF EDUCATIONAL FACILITIES LOCATED WITHIN THE SCHOOL DISTRICT'S GEOGRAPHICAL BOUNDARIES, FOR THE EXCLUSIVE USE OF THE SCHOOL DISTRICT, ON BEHALF OF THE SCHOOL DISTRICT, AND FOR THE BENEFIT OF THE PUBLIC WITHIN THE SCHOOL DISTRICT.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $405,375

TOTAL REVENUE $405,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,532

Other Expenses $58,532

TOTAL EXPENSES $58,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$405,375	$405,375	N/A
Expenses	$58,532	$72,903	-0.2%
Net Income	$346,843	$332,472	+0.0%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK ERNST	PRESIDENT	5.00	Officer Director	$0	$0	$0
STEVE SCHMIDT	SECRETARY	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
2025	$405,375	$58,532	No data	$346,843
2024	$405,375	$72,903	No data	$332,472
2023	$405,376	$1,088,454	No data	$-683,078
2022	No data	$1,495,500	$1,004,500	No data

HOWELLS-DODGE EDUCATIONAL FACILITIES LEASING CORPORATION