NORALL SCHOLARSHIP TRUST C/o First Nebraska Trust Company
Nonprofit profile at a glance
- EIN
- 476207481
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025
- Location
- Lincoln, NE, USA
- Phone
- 4024772200
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $6,330
- Expenses
- $14,677
- Assets
- $105,541
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- FIRST NEBRASKA TRUST COMPANY (TRUSTEE)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Grants to lexington public school foundation. On 8/1/2002, the lexington public school foundation merged into the lexington community foundation.
What it reported doing in 2025
The norall scholarship trust provides grants to the lexington public school foundation to be used to award scholarships. On 8/1/2002, the lexington public school foundation merged into the lexington community foundation. The norall scholarships are to be awarded by the lexington community foundation to students who desire to or are furthering their education and training in medical fields of dentistry, pharmacy and optometry. Scholarships shall be awarded annually to graduating seniors of high schools in dawson county, Nebraska.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 78.4%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -131.9%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 7.19; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 14.4%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: -5.7% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 78.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- 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 — Sustainability: Operating margin scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 9/100.