Overview
What is Nebraska Greats Foundation?
The Nebraska Greats Foundation, situated in Omaha, Nebraska, serves as a charitable organization with a focus on providing medical and emergency assistance to former athletes. Established with the aim to support individuals who lettered in their respective sports while attending colleges or universities within Nebraska, the foundation offers essential aid to both male and female athletes. With a small team of two dedicated individuals, the Nebraska Greats Foundation continues its mission to assist these athletes in their post-athletic lives.
Official website here: www.nebraskagreatsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Nebraska Greats Foundation has received a One-Star rating from Charity Navigator, indicating significant areas of concern in its financial accountability and transparency. With an overall score of 54%, the foundation has demonstrated strengths in board independence, having 100% of its board members classified as independent, and a favorable liabilities to assets ratio of 0.66%. However, the lack of financial statements and essential policies such as conflict of interest, whistleblower, and document retention policies has negatively impacted its rating.
The foundation does maintain some positive practices, such as documenting board meeting minutes and listing its website on its tax form. Nevertheless, the absence of critical documents, including its tax form on its website, raises questions about transparency and compliance with best practices for nonprofit governance. The program expense ratio stands at 57.83%, suggesting that a substantial portion of its expenses is directed towards its programs, which is a positive aspect in terms of mission alignment.
Overall, while the Nebraska Greats Foundation has commendable attributes in terms of board independence and program funding, the significant gaps in financial reporting and governance policies highlight important areas for improvement. Addressing these limitations could enhance its accountability and ratings in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Greats Foundation legitimate?
Nebraska Greats Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Greats 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $258,564
For more financial information, click here
Official website here: www.nebraskagreatsfoundation.org
What is the mission statement of Nebraska Greats Foundation?
The Nebraska Greats Foundation's mission is centered around providing medical and emergency assistance to former athletes who have lettered in their respective sports while attending a college or university within Nebraska. This organization aims to offer support during times of need, extending its assistance to both male and female athletes. The foundation's primary objective is to ensure the well-being of these former athletes, providing them with the necessary aid during difficult circumstances.
Official website here: www.nebraskagreatsfoundation.org
Who is the CEO of Nebraska Greats Foundation?
Jim Rose is the President of Nebraska Greats Foundation.
Official website here: www.nebraskagreatsfoundation.org
What is the revenue of Nebraska Greats Foundation?
Nebraska Greats Foundation's revenue in 2022 was $900,628.
Official website here: www.nebraskagreatsfoundation.org
Who are the executives of Nebraska Greats Foundation and what are their salaries?
The average compensation at Nebraska Greats Foundation during 2022 was $129,282. There are 2 employees at Nebraska Greats Foundation.
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Official website here: www.nebraskagreatsfoundation.org
Where can I find the form 990 for Nebraska Greats Foundation?
Nebraska Greats Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nebraskagreatsfoundation.org
Learn more at the official website: www.nebraskagreatsfoundation.org
Mission Statement of Nebraska Greats Foundation
The Nebraska Greats Foundation, established with a noble purpose, is dedicated to providing medical and emergency aid to former athletes who excelled in their respective sports while studying at colleges or universities within Nebraska. This nonprofit organization understands the unique challenges that these athletes may face in their post-athletic careers and aims to offer the necessary assistance during times of need. By extending its support to both male and female athletes, the Nebraska Greats Foundation demonstrates its commitment to inclusivity and equality, ensuring that all deserving individuals receive the help they require. By providing medical and emergency assistance, the foundation seeks to alleviate the financial burdens and ensure the well-being of these former athletes.
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Impact
July, 2024
The Nebraska Greats Foundation has a significant impact on former athletes who lettered in their respective sports while attending a college or university in the state of Nebraska. By providing medical and emergency assistance to these individuals, the foundation helps ensure that they receive the support they need during difficult times. This assistance not only addresses immediate health concerns but also demonstrates a commitment to the well-being of Nebraska's sports community.
This information is meant to be a general summary of Nebraska Greats 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: -$41,586
- Gross Receipts: $1,761,359
Assets and Liabilities:
- Total Assets: $1,599,644
- Total Liabilities: $10,623
- Net Assets: $1,589,021
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Organization Details
Founding Year
2012
Phone
(402) 301-5255Principal Officer
Jim Rose
Main Address
5010 UNDERWOOD AVE, OMAHA, NE, 68132
NTEE Category
Code: Z99 - Unknown
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