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Nebraska Farm Bureau Foundation For Agriculture Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461740947 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Nebraska Farm Bureau Foundation For Agriculture Inc?

Nebraska Farm Bureau Foundation for Agriculture Inc, located at 5225 S 16TH STREET, Lincoln, NE 68512, is a nonprofit organization dedicated to promoting the significance of agriculture in Nebraskans' lives. Through educational programs and scholarships, they aim to engage youth, educators, and the general public, fostering a deeper understanding of agriculture's essential role. Their mission involves connecting with various communities, emphasizing the importance of agriculture in Nebraska's daily life.


Official website here: www.nefbfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, One-Star out of Four Star Rating.

The Nebraska Farm Bureau Foundation for Agriculture Inc has received a low overall score of 52% from Charity Navigator, indicating concerns regarding its financial health and program effectiveness. While it scores well in governance and transparency aspects, such as having a majority of independent board members and a conflict of interest policy, the low program expense ratio of 31.20% suggests that a limited portion of its expenditures is directed toward its actual charitable programs.

Strengths of the organization include strong oversight and accountability measures, with an independent board that meets best practices, as reflected in its high scores for audit and oversight. However, the significant liabilities to assets ratio of 2.27% points to potential financial stability issues. This raises questions about the organization's ability to sustain its mission effectively over the long term.

Overall, while the Nebraska Farm Bureau Foundation for Agriculture Inc demonstrates a commitment to governance and transparency, its financial metrics indicate that it may not be maximizing its resources for programmatic impact. Potential donors and supporters should consider these factors when evaluating their support for the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Nebraska Farm Bureau Foundation For Agriculture Inc legitimate?

Nebraska Farm Bureau Foundation For Agriculture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Farm Bureau Foundation For Agriculture Inc 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nefbfoundation.org

What is the mission statement of Nebraska Farm Bureau Foundation For Agriculture Inc?

The Nebraska Farm Bureau Foundation for Agriculture Inc's mission is centered around engaging youth, educators, and the general public, with the aim of promoting an appreciation for the significant role agriculture plays in the lives of all individuals. The organization strives to achieve this objective by providing educational assistance related to agriculture. This is done through various initiatives such as classroom programs and scholarships. By fostering understanding and interest in agriculture, the foundation aims to ensure its continued importance and relevance in various aspects of life.


Official website here: www.nefbfoundation.org

Who is the CEO of Nebraska Farm Bureau Foundation For Agriculture Inc?

Rob Robertson is the Secretary/Tr of Nebraska Farm Bureau Foundation For Agriculture Inc.


Official website here: www.nefbfoundation.org

What is the revenue of Nebraska Farm Bureau Foundation For Agriculture Inc?

Nebraska Farm Bureau Foundation For Agriculture Inc's revenue in 2022 was $1,621,227.


Official website here: www.nefbfoundation.org

Who are the executives of Nebraska Farm Bureau Foundation For Agriculture Inc and what are their salaries?

There 2120 volunteers at Nebraska Farm Bureau Foundation For Agriculture Inc.


Here are 10 key members and their salaries:


Rob Robertson (Secretary/Tr)
  • Compensation: $0
  • Related: $280,040
  • Other: $74,168
Kevin Burch (Cfo)
  • Compensation: $0
  • Related: $168,320
  • Other: $40,165
Megahn Schafer (Employee)
  • Compensation: $0
  • Related: $155,374
  • Other: $22,516
David Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Gunderson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Ibach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilary Maricle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mchargue (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nefbfoundation.org

Where can I find the form 990 for Nebraska Farm Bureau Foundation For Agriculture Inc?

Nebraska Farm Bureau Foundation For Agriculture Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nefbfoundation.org

Learn more at the official website: www.nefbfoundation.org

Mission Statement of Nebraska Farm Bureau Foundation For Agriculture Inc

Nebraska Farm Bureau Foundation for Agriculture Inc is committed to engaging youth, educators, and the general public to foster an appreciation for the significant role agriculture plays in the lives of all Nebraskans. Their mission is to promote understanding and value in agriculture by providing educational assistance through various programs and scholarships. The foundation aims to bridge the gap between urban and rural communities, ensuring that everyone has a comprehensive understanding of the vital importance of agriculture in their daily lives. By engaging with schools and offering educational resources, Nebraska Farm Bureau Foundation for Agriculture Inc seeks to inspire future generations to consider careers in agriculture and to promote a sustainable and responsible relationship with food production.

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Impact




July, 2024

Nebraska Farm Bureau Foundation For Agriculture Inc's impact is significant in engaging youth, educators, and the general public to promote an understanding of the vital importance of agriculture in the lives of all Nebraskans. By providing educational assistance relating to agriculture through classroom programs and scholarships, the organization plays a crucial role in fostering awareness and knowledge about the agricultural industry. Their mission to educate and support the agricultural community is vital in ensuring the sustainability and success of Nebraska's agricultural sector.




This information is meant to be a general summary of Nebraska Farm Bureau Foundation For Agriculture Inc. 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.

Revenue
$1,621,227 (2022)
Expenses
$921,028 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $68,481
  • Gross Receipts: $2,460,326

Assets and Liabilities:

  • Total Assets: $2,931,317
  • Total Liabilities: $91,442
  • Net Assets: $2,839,875

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Organization Details

Founding Year

2012

Principal Officer

Rob Robertson

Main Address

5225 S 16TH STREET, LINCOLN, NE, 68512

NTEE Category

Code: B82 - Education

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