Freedmen Nebraska
Nonprofit profile at a glance
- EIN
- 453262475
- IRS 990 coverage
- 2012–2012
- Forms available
- Form 990 2012
- Location
- Lincoln, NE, USA
- Phone
- 4024323090
- Rating confidence
- Limited
- Sector
- Centers to Support the Independence of Specific Populations
- Affiliation
- Christianity
Reported finances
- Revenue
- $68,254
- Expenses
- $54,751
- Assets
- $22,917
- Liabilities
- $6,432
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose for which the corporation is organized is to mobilize men across the state in order to advance the gospel of jesus christ. This purpose will be fulfilled primarily by: 1)hosting spiritually encouraging events as well as radio and television programs for christian men and boys, empowering them to steward Nebraska for jesus christ. 2)fostering cooperation among men and faith across Nebraska by serving as a common connection point for information, networking, and evangelism. 3)solicitiing and accepting contributions, gifts, frants, funds, devices, and requests of real or personal property or both, which shall be held,, administered and expended for such purposes as are permitted by the articles of incorporation.
What it reported doing in 2012
Monthly statewide conference call, research and education, principal and superintendant conference call, and speaking oppoprtunities.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 43
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.8%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.42; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 55.9%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $31K · 5 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.