Overview
What is Nebraska Press Assoc Foundation?
The Nebraska Press Association Foundation is a nonprofit organization situated in Lincoln, Nebraska. Its primary mission is to foster and enhance journalism within the state. They achieve this by offering scholarships and grants to aspiring journalists and established professionals, as well as supporting journalism schools and programs in Nebraska. Additionally, the foundation recognizes excellence in journalism through awards, thereby contributing to the growth and development of the newspaper industry in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that the Nebraska Press Association Foundation has some strengths in its management practices but also notable areas for improvement. The foundation has a strong accountability and finance score, with a high program expense ratio of 86.92%, suggesting that a significant portion of its funding is directed towards its programs.
The organization demonstrates robust governance with 100% independent board members and proper documentation of board meeting minutes. Additionally, it has a favorable liabilities to assets ratio of 0.00%. However, the absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about the foundation's overall governance and transparency.
Overall, while the Nebraska Press Association Foundation shows effective financial management and governance in certain areas, the lack of essential policies and transparency measures limits its rating. Addressing these gaps could enhance its accountability and trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Press Assoc Foundation legitimate?
Nebraska Press Assoc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Press Assoc Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Nebraska Press Assoc Foundation?
The Nebraska Press Association Foundation's mission is centered around promoting journalism in Nebraska. They accomplish this by providing scholarships and awards for excellence in journalism, as well as offering support to journalism programs. Furthermore, the foundation contributes to the advancement of the newspaper industry in Nebraska by providing financial assistance to students and individuals in journalism.
Who is the CEO of Nebraska Press Assoc Foundation?
Dennis Morgan is the President of Nebraska Press Assoc Foundation.
What is the revenue of Nebraska Press Assoc Foundation?
Nebraska Press Assoc Foundation's revenue in 2022 was $66,831.
Who are the executives of Nebraska Press Assoc Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Nebraska Press Assoc Foundation?
Nebraska Press Assoc Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nebraska Press Assoc Foundation
The Nebraska Press Associations Foundation is dedicated to fostering journalism within Nebraska. Their mission is threefold: firstly, they offer scholarships and grants to individuals and students pursuing journalism, thereby nurturing the next generation of journalists. Secondly, they recognize excellence in journalism through awards, thereby encouraging high standards and recognizing merit within the field. Lastly, the foundation supports journalism programs across Nebraska, contributing to the growth and development of the newspaper industry in the state.
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Impact
August, 2024
Nebraska Press Assoc Foundation makes a significant impact by promoting journalism in Nebraska through scholarships, grants, and awards for excellence in journalism. It provides support to journalism students and individuals, as well as journalism schools, thereby strengthening the newspaper industry in the state. Through its mission to promote journalism in Nebraska, the foundation plays a crucial role in fostering the development of future journalists and ensuring the vitality of the media landscape in the region.
This information is meant to be a general summary of Nebraska Press Assoc Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,880
- Gross Receipts: $81,797
Assets and Liabilities:
- Total Assets: $403,616
- Total Liabilities: $0
- Net Assets: $403,616
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Organization Details
Founding Year
1991
Phone
(402) 476-2851Principal Officer
Dennis Morgan
Main Address
845 S STREET, LINCOLN, NE, 68508
NTEE Category
Code: B99Z - Education
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