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Lincoln Cornhuskers Inc

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

EIN: 470832658 ✦ Lincoln, NE ✦ Designated as a 501(c)(3)

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Overview

What is Lincoln Cornhuskers Inc?

Lincoln Cornhuskers Inc is a nonprofit organization, primarily based in Lincoln and surrounding areas, dedicated to providing an amateur basketball program for young individuals aged 17 and under. This organization serves as a platform to nurture positive self-esteem, develop leadership skills, instill a strong work ethic, enhance time management abilities, and foster a spirit of dedication among its participants. Regardless of their racial, religious, or economic backgrounds, all are welcome to join this program, ensuring an inclusive and diverse environment.


Official website here: www.cornhuskershootingstars.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%

Lincoln Cornhuskers Inc has received a zero-star rating, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in key areas such as board independence and governance policies, with 0% of board members being independent, and a lack of essential policies like conflict of interest and whistleblower protections. Furthermore, the high liabilities to assets ratio raises red flags about financial stability.

On a positive note, the nonprofit demonstrates a strong commitment to its programs, evidenced by a program expense ratio of 98.75%. This indicates that nearly all funds are directed toward its mission-related activities rather than administrative costs, which shows a focused dedication to its purpose. Additionally, there is no indication of material diversion of assets, suggesting financial integrity in that regard.

However, the absence of important governance and transparency policies severely undermines the organization's credibility and operational effectiveness. Potential donors and supporters may want to consider these factors carefully before contributing to Lincoln Cornhuskers Inc.


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

Is Lincoln Cornhuskers Inc legitimate?

Lincoln Cornhuskers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Cornhuskers Inc submitted a form 990EZ, 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.


Official website here: www.cornhuskershootingstars.com

What is the mission statement of Lincoln Cornhuskers Inc?

Lincoln Cornhuskers Inc's mission is centered around providing an amateur basketball program for young individuals, aged 17 and under, hailing from Lincoln and its surrounding areas. The primary objective of this organization is to nurture positive self-esteem, leadership skills, a robust work ethic, and excellent time management abilities in these young participants. Moreover, Lincoln Cornhuskers fosters a spirit of dedication within its members, regardless of their racial, religious, or economic backgrounds.


Official website here: www.cornhuskershootingstars.com

Who is the CEO of Lincoln Cornhuskers Inc?

Dan Lesoing is the President of Lincoln Cornhuskers Inc.


Official website here: www.cornhuskershootingstars.com

What is the revenue of Lincoln Cornhuskers Inc?

Lincoln Cornhuskers Inc's revenue in 2022 was $60,748.


Official website here: www.cornhuskershootingstars.com

Who are the executives of Lincoln Cornhuskers Inc and what are their salaries?


Here are 2 key members and their salaries:


Dan Lesoing (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lesoing (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cornhuskershootingstars.com

Where can I find the form 990EZ for Lincoln Cornhuskers Inc?

Lincoln Cornhuskers Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.cornhuskershootingstars.com

Learn more at the official website: www.cornhuskershootingstars.com

Mission Statement of Lincoln Cornhuskers Inc

Lincoln Cornhuskers Inc is an organization dedicated to providing an opportunity for young individuals aged 17 and under, hailing from Lincoln and its surrounding areas. Their mission is to foster a positive self-esteem, leadership skills, a robust work ethic, and excellent time management abilities in these young participants through an amateur basketball program. Regardless of their race, religion, or economic background, the Cornhuskers encourage dedication and a spirit of sportsmanship. By participating in this program, these young individuals can develop essential life skills that will serve them well beyond the basketball court.

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Impact




August, 2024

Lincoln Cornhuskers Inc's impact can be seen in the positive development of young women and men aged 17 and under in Lincoln and surrounding areas through their amateur basketball program. By fostering attributes such as positive self-esteem, leadership skills, a strong work ethic, time management skills, and the spirit of dedication, regardless of race, religion, or economic background, Lincoln Cornhuskers Inc is shaping the future leaders and citizens of tomorrow. Their dedication to providing opportunities for growth and skill development in a supportive and inclusive environment is making a difference in the lives of the youth they serve.




This information is meant to be a general summary of Lincoln Cornhuskers 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
$60,748 (2022)
Expenses
$61,070 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $55,348
  • Gross Receipts: $60,748

Assets and Liabilities:

  • Total Assets: $6,658
  • Total Liabilities: $179,316
  • Net Assets: -$172,658

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Organization Details

Principal Officer

Dan Lesoing

Main Address

PO Box 22378, Lincoln, NE, 68502

NTEE Category

Code: N62 - Recreation

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