Nebraska Academic Decathlon Foundation

Nonprofit profile at a glance

EIN: 470787738
IRS 990-EZ coverage: 2009–2013
Forms available: Form 990-EZ 2013
Location: Omaha, NE, USA
Phone: 4024980798
Rating: 97
Verdict: STRONG
Rating confidence: Moderate
Sector: Student Services, Organizations of Students

Reported finances

Revenue: $118,694
Expenses: $130,736
Assets: $364,588
Liabilities: $107,800

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

JUSTIN COOPER (PRESIDENT)
JOHN ANSTEY (EXECUTIVE DIRECTOR)
CARMEN QUINT (VICE PRESIDENT)

People named in this filing

JUSTIN COOPER (PRESIDENT)
ALDEN AWERKAMP (TREASURER)
JOHN ANSTEY (EXECUTIVE DIRECTOR)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide scholarships to high school students.

What it reported doing in 2013

The organization provided funding for a national and state academic decathlon competition and awarded approximately 162 scholarships.

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Expenses are high relative to revenue and liabilities are high compared with assets.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 100
Sustainability: 44
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -10.1%; rating input score 14; 14th percentile among comparable filings
Total-asset coverage ratio: 2.79; rating input score 91; 91st percentile among comparable filings
Liabilities to assets ratio: 0.3; rating input score 22; 22nd percentile among comparable filings
Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

Program expense growth: 9.1% per year; rating input score 100; 59th percentile among comparable filings
Revenue growth: 2.2% per year; rating input score 100; 41st percentile among comparable filings
Asset growth: 4.1% per year; rating input score 100; 48th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $131K in reported program spending
Leadership: top reported pay $0 · 6 people listed
Consistency: 8 of 8 current checks pass
Schedules: 3 filed schedules
Filing history: 3 filing years from 2009 to 2013
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.

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 — Sustainability: Operating margin scored 14/100.
High — Sustainability: Liabilities to assets ratio scored 22/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.