Simic Recreation

Nonprofit profile at a glance

EIN
470626308
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Superior, NE, USA
Phone
4028794844
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$152,227
Expenses
$34,128
Assets
$175,381

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • TERESA ERICKSON (PRESIDENT)

People named in this filing

  • TERESA ERICKSON (PRESIDENT)
  • VICKIE NIELSEN (SECRETARY)
  • MEGAN FIERSTEIN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Furnish and maintain a skating rink in superior for the youth of the area. Entertainment for the youth is limited in this area. We are also classified a distressed area. The rink is operated with some entrance fees as well as contributions from businesses and individuals in the area.

What it reported doing in 2024

Operating expenses of the skating rink

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 82
  • Sustainability: 82
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 20.4%; rating input score 20
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 77.6%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 5.14; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -10.6% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 6.3% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 20.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $34K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 20/100.
  • High — Growth: Program expense growth scored 0/100.