Association of Students of the University of Nebraska

Nonprofit profile at a glance

EIN
470519537
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Lincoln, NE, USA
Phone
4024720003
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$679,574
Expenses
$828,155
Assets
$3,299,930
Liabilities
$2,968,831

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

38 people listed

Executive titles in this filing

  • ELIZABETH HERBIN (PRESIDENT)
  • ZEIN SALEH (INTERNAL VICE PRESIDENT)
  • LUKE MCDERMOTT (EXTERNAL VICE PRESIDENT)

People named in this filing

  • ELIZABETH HERBIN (PRESIDENT)
  • ZEIN SALEH (INTERNAL VICE PRESIDENT)
  • LUKE MCDERMOTT (EXTERNAL VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To act as the supreme student governing body in the regulation and coordination of all phases of student self-government and to serve as an agency through which relationships between the administration, faculty, and the students and between the general public and students may be maintained.

What it reported doing in 2024

(1) the association of students of the university of Nebraska lincoln, as the student governing body for students attending the university of Nebraska lincoln, receives an annual per capita budget allowance from students fees in order to operate. Other income is incidental and a small amount of the annual budget. Office space is rent free in the Nebraska union. A fair market value of $22,660.00 based upon 2060 square feet of space at $11.00 per square foot. (2) students legal services are funded completely by student fees. This service provides free legal counsel for any currently enrolled unl students. This office is staffed by attorneys to provide free legal advice and court representation in civil and criminal areas of law that commonly concern students. (3) nu on wheels is a program that provides a safe cab ride home in a dangerous or emergency situation. (4) asun provides funding for homecoming events as well as students elections. (5) asun serves as a sponsor for "the big event" which aims to give back to local communities through one large day of service by unl students, faculty, and staff. This event is based on core values of service and unity. The big event views service broadly to encompass the needs of the community without respect to socioeconomic status. (6) asun does not solicit private charitable donations. (7) asun has not attempted to influence any national legislation, nor has it participated in any political campaigns.

Operating model

Revenue model
Earned-program. 77% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98%; rating input score 98
  • Program expense ratio: 80.7%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -21.9%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 3.98; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.9; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 47.2% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 7.1% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 98% of revenue deployed · 80.7% of spending went to programs
  • Governance: 37 of 37 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $669K in reported program spending
  • Leadership: top reported pay $0 · 38 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.