Lincoln Cornhuskers Inc
Nonprofit profile at a glance
- EIN
- 470832658
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Lincoln, NE, USA
- Phone
- 4024773552
- Rating confidence
- Limited
- Sector
- Basketball
Reported finances
- Revenue
- $36,750
- Expenses
- $37,161
- Assets
- $756
- Liabilities
- $179,316
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Dan Lesoing (President)
- Jennifer Lesoing (Vice President)
People named in this filing
- Dan Lesoing (President)
- Jennifer Lesoing (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization provides young women and men, ages 17 and younger, from lincoln and surrounding areas an opportunity to participate in an amateur basketball program regardless of race, religion or economic background. The organization's goals are to build positive self-esteem, leadership skills, strong work ethic, time management skills, and the spirit of dedication.
What it reported doing in 2024
Participation in an amateur basketball program regardless of race, religion, or economic background. The organization's goals are to build positive self-esteem, leadership skills, strong work ethic, time management skills, and the spirit of dedication.
Operating model
- Revenue model
- Earned-program. 73% of the money available for current operations came from fees and other program revenue.
- 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: 100
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 237.19; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -12% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -13.8% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.