Northeast Nebraska Area Agency on Aging
Nonprofit profile at a glance
- EIN
- 470603136
- IRS 990 coverage
- 2012–2014
- Forms available
- Form 990 2014
- Location
- Norfolk, NE, USA
- Phone
- 4023703454
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $3,809,372
- Expenses
- $3,559,936
- Assets
- $1,908,581
- Liabilities
- $332,697
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
23 people listed
Highest reported compensation
- CONNIE COOPER (AGENCY DIRECTOR): $67,843 total reported compensation
- CATHY SCHNEIDER (FISCAL OFFICER): $49,771 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The agency's mission is to assist
What it reported doing in 2014
Nutritional services - assistance to senior citizen centers for providing nutritional services to the senior citizens and other residents in the area.
Operating model
- Revenue model
- Grant-funded. 96% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.5%; rating input score 90
- Program expense ratio: 95.8%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.8%; rating input score 97; 29th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.5%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 89.5% of revenue deployed · 95.8% of spending went to programs
- Governance: 21 of 21 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.4M in reported program spending
- Leadership: top reported pay $68K · 23 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants
- Filing history: 3 filing years from 2012 to 2014
- Contacts: How to reach this organization
- Money network: 44 filed money-flow records
- Related organizations: 42 filed related-organization links
- 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: Total-asset coverage ratio scored 26/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.