Civic Intelligence

Foundation for Educational Funding II

990 • Fiscal year 2014 • EIN 31-1777710

Oct 01, 2013 to Sep 30, 2014 • Filed on May 08, 2015

PO Box 8255268501-2552

(402) 479-6618

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Liabilities / Revenue

5th percentile

0.03x

Higher debt load relative to revenue than 5% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Top Officer Pay

29th percentile

$313,261

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2014

Asset Growth

50th percentile

5.7%

Faster asset growth than 50% of similar nonprofits.

2014 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$142,837,686

Up $7,744,805 (+5.7%) from 2013

Net Assets

Up

$142,561,041

Up $7,850,441 (+5.8%) from 2013

Liabilities

Down

$276,645

Down $105,636 (-28%) from 2013

Revenue

$10,909,352

No earlier filing loaded for comparison.

Expenses

Up

$6,651,040

Up $371,939 (+5.9%) from 2013

Net Income

$4,258,312

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2012: $134,613,423Liabilities 2012: $1,155,197Net Assets 2012: $133,458,2262012Assets 2013: $135,092,881Liabilities 2013: $382,281Net Assets 2013: $134,710,6002013Assets 2014: $142,837,686Liabilities 2014: $276,645Net Assets 2014: $142,561,0412014Assets 2015: $133,342,456Liabilities 2015: $180,434Net Assets 2015: $133,162,0222015Assets 2016: $136,503,933Liabilities 2016: $307,296Net Assets 2016: $136,196,6372016Assets 2017: $147,987,514Liabilities 2017: $322,595Net Assets 2017: $147,664,9192017Assets 2018: $154,025,540Liabilities 2018: $226,726Net Assets 2018: $153,798,8142018Assets 2019: $152,200,462Liabilities 2019: $316,961Net Assets 2019: $151,883,5012019Assets 2020: $161,530,703Liabilities 2020: $536,012Net Assets 2020: $160,994,6912020Assets 2024: $195,006,071Liabilities 2024: $2,448,329Net Assets 2024: $192,557,7422024

Highlighted filing

2014

Assets$142,837,686
Liabilities$276,645
Net Assets$142,561,041

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2012: $6,627,9402012Expenses 2013: $6,279,1012013Revenue 2014: $10,909,352Expenses 2014: $6,651,040Net Income 2014: $4,258,3122014Revenue 2015: $9,048,000Expenses 2015: $6,336,284Net Income 2015: $2,711,7162015Revenue 2016: $2,784,237Expenses 2016: $6,296,924Net Income 2016: -$3,512,6872016Revenue 2017: $4,261,792Expenses 2017: $6,318,005Net Income 2017: -$2,056,2132017Revenue 2018: $12,184,779Expenses 2018: $6,590,474Net Income 2018: $5,594,3052018Revenue 2019: $7,229,512Expenses 2019: $6,401,234Net Income 2019: $828,2782019Revenue 2020: $9,132,107Expenses 2020: $6,322,624Net Income 2020: $2,809,4832020Revenue 2024: $10,651,296Expenses 2024: $10,808,688Net Income 2024: -$157,3922024

Highlighted filing

2014

Revenue$10,909,352
Expenses$6,651,040
Net Income$4,258,312
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
May 8, 2015
Return Version
2013v4.0
Gross Receipts
$43,250,455
Mission and Program Overview

Mission

Improve access to Higher Education in Nebraska.

Improve Access to Higher Education in Nebraska: This organization's exclusive purpose is to operate as a supporting organization by conducting or supporting activities for the benefit or to perform the function of, or to carry out the purposes of, EducationQuest Foundation, a Nebraska nonprofit organization under section (501(c)(3), 509(a)(2) of the Internal Revenue Code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$96,684,513$100,758,231▲ $4,073,718
Investments Other Securities$36,285,954$40,190,150▲ $3,904,196
Accounts Receivable$82,917$988,537▲ $905,620
Savings and Temporary Cash Investments$1,748,135$802,003▼ $946,132
Prepaid Expenses and Deferred Charges$283,066$92,882▼ $190,184
Land, Buildings, and Equipment, Net$8,296$5,883▼ $2,413
Total Assets$135,092,881$142,837,686▲ $7,744,805
Liabilities
Accounts Payable and Accrued Expenses$382,281$276,645▼ $105,636
Total Liabilities$382,281$276,645▼ $105,636
Net Assets / Fund Balance
Unrestricted Net Assets$134,710,600$142,561,041▲ $7,850,441
Total Net Assets Fund Balance$134,710,600$142,561,041▲ $7,850,441
Total Liabilities and Net Assets / Fund Balance$135,092,881$142,837,686▲ $7,744,805

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$252$29,782$30,034
Other Land Buildings$13$11,778$11,791
Leasehold Improvements$5,618$884$6,502
Other Securities$22,342,073--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth S KoopPresident/CEO/DirectorFT$225,261$85,500$310,761
Christine DenicolaExecutive Vice PresidentFT$113,737$41,317$155,054
Cletia PriceSecretary/TreasurerFT$104,107$40,415$144,522
Daphne HallVice PresidentFT$108,114$15,134$123,248
Eric DrumhellerAssistant Vice PresidentFT$64,675$16,865$81,540
Michael J TimminsSenior VP/Secretary/TreasurerFT$29,400$3,067$32,467
Jack HuckDirector-$11,000$12,500$23,500
Ken HakeChairman-$18,317-$18,317
Lee GallesDirector-$12,583-$12,583
Michael GreenDirector-$12,516-$12,516
Wendy BoyerDirector-$11,900-$11,900
Craig AmesDirector-$11,500-$11,500
Miguel CarranzaDirector-$11,000-$11,000

Highest Paid Contractors

ContractorServicesLocationCompensation
MercerInvestment Consulting-$140,000
Revenue and Support

Revenue Composition

Contributions and Grants
$193,168
Program Service Revenue
$0
Investment Income
$10,702,577
Other Revenue
$13,607
All Other Contributions
$50,000
Change in Net Assets
$4,258,312

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,430,627
Revenue Not Reported on Financial Statements
$478,725
Revenue Not Reported on Form 990
$795,243
Total Revenue per Audited Statements
$11,225,870
Total Revenue per Form 990
$10,909,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,885,849
Salaries, Compensation, and Employee Benefits$2,882,360
Grants and Similar Amounts Paid$882,831
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,196,183$168,822-$1,365,005
Office Expenses$663,531$55,749-$719,280
Current Officers, Directors, Trustees, and Key Employees$504,769$212,307-$717,076
Information Technology$684,104$26,918-$711,022
Grants to Domestic Orgs$481,458--$481,458
Fees for Service Investment Mgmnt Fees-$478,725-$478,725
Other Employee Benefits$360,944$42,991-$403,935
Grants to Domestic Individuals$401,373--$401,373
Occupancy$305,567$23,307-$328,874
Pension Plan Contributions$219,822$39,210-$259,032
Depreciation Depletion$190,926$6,050-$196,976
Advertising$177,699--$177,699
Conferences and Meetings$138,953$6,777-$145,730
Payroll Taxes$112,196$25,116-$137,312
Travel$79,501$6,335-$85,836
Fees for Services Legal-$16,725-$16,725
Fees for Services Other$8,429$7,978-$16,407
Fees for Services Accounting-$8,575-$8,575
Total Functional Expenses$5,525,455$1,125,585$0$6,651,040

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,654,766
Total Expenses per Form 990$6,651,040
Expenses per Audited Statements$6,172,315
Expenses Not Reported on Form 990$1,482,451
Expenses Not Reported on Financial Statements$478,725
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
47-6002629-NebraskaCollege Access$45,000
47-6003955-NebraskaCollege Access$24,000
47-6002550-NebraskaCollege Access$20,000
47-6003169-NebraskaCollege Access$20,000
47-6002920-NebraskaCollege Access$15,000
47-6001627-NebraskaCollege Access$15,000
47-6002672-NebraskaCollege Access$15,000
47-6005320-NebraskaCollege Access$15,000
47-6001013-NebraskaCollege Access$10,000
36-3514573-501(c)(3)Student Loan Guarantee$10,000
47-6001263-NebraskaCollege Access$7,500
47-6014245-NebraskaCollege Access$7,500
47-6004944-NebraskaCollege Access$7,500
47-6004514-NebraskaCollege Access$7,500
47-6000908-NebraskaCollege Access$7,500
47-6006011-NebraskaCollege Access$7,377
47-0376624-NebraskaCollege Access$5,311
47-6002369-NebraskaCollege Access$5,000
47-6005347-NebraskaCollege Access$5,000
47-6001494-NebraskaCollege Access$5,000
47-6004609-NebraskaCollege Access$5,000
47-0522496-NebraskaCollege Access$5,000
47-6001482-NebraskaCollege Access$5,000
47-6002081-NebraskaCollege Access$5,000
47-0522495-NebraskaCollege Access$5,000
47-6002308-NebraskaCollege Access$5,000
47-0494124-NebraskaCollege Access$5,000
47-6002337-NebraskaCollege Access$5,000
47-6005008-NebraskaCollege Access$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Organization (Foundation for Educational Funding II, Inc.) is a 509(a)(3) supporting organization of EducationQuest Foundation, Inc., a Nebraska nonprofit corporation and 501(c)(3) enterprise. EducationQuest Foundation, Inc. is the sole member of the Foundation for Educational Funding II, Inc.

Form 990, Part VI, Section A, line 7A

EducationQuest Foundation, Inc. selects the Board members of the Foundation for Educational Funding II, Inc.

Form 990, Part VI, Section A, line 7B

In accordance with the governance documents and as a matter of practice, EducationQuest Foundation, Inc. has elected the same board members as those who serve on the Board of EducationQuest Foundation, Inc., so all decisions of the Foundation for Educational Funding II, Inc. are made by the same board members who serve on the Board of EducationQuest Foundation, Inc.

Form 990, Part VI, Section B, line 11

The Form 990 is reviewed by administrative staff and legal counsel and the Audit Committee before filing.

Form 990, Part VI, Section B, line 12C

The Foundation for Educational Services, II, Inc. maintains a comprehensive conflict of interest policy for directors and officers. The policy exists to identify potential instances in which an individual could obtain a direct or indirect personal gain or advantage to the detriment of the organization, or where an individual's conduct could have an adverse or potentially adverse effect on the interests of the organization. The policy contains an affirmative duty to disclose, as well as a specific process for disclosures of potential conflicts of interest, a protocol in which independent, outside legal counsel is used to evaluate whether a conflict exists, procedures for addressing actual conflicts of interest, and consequences for violations of the conflicts policy. The policy requires all directors and officers to complete and submit an annual conflicts disclosure form to outside legal counsel. In addition, the conflict of interest policy is included in the employee handbook which all employees must acknowledge and agree to abide by.

Form 990, Part VI, Section B, line 15

Outside legal counsel undertakes a comprehensive evaluation of the compensation and benefit packages for officers and other affected employees of the organization, comparing the same to relevant history and other market comparables. Counsel then provides to the Board of Directors a summary of the comparability data, an analysis of the data relative to the organizational employees, and a reasoned opinion concerning his conclusion. The Board of Directors then confirms and ratifies all compensation/benefits packages, with the decision process properly documented as required by the regulations. On a routine basis we engage an independent compensation specialist to provide comparable data for key positions.

Form 990, Part VI, Section C, line 19

The Foundation for Educational Funding II does not make its governing documents, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

EIN
31-1777710
Phone
4024796618

Signing Officer

Name
Elizabeth S Koop
Title
President & CEO
Phone
4024796618
Signed
2015-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth S Koop
Formed
2001
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
7
Employees
6
Volunteers
100

Preparer

Preparer
Kent M Klute
Phone
4024799300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Intercompany transfers 3,545,537.

Part XI, Line 2C

The audit committee reviews the audit process and the financial statements annually. This process has not changed from prior years.

Financial Statement Notes

Part X, Line 2:

The Organization has adopted the provisions of FASB ASC 740-10, "Accounting for Income Taxes", under the provisions of FSP FIN 48-3. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. Returns for tax years 2011 and after are open to examination by the respective authorities.

Part XI, Line 2D - Other Adjustments:

EducationQuest TIN 47-0606382 revenues 748,651.

Part XII, Line 2D - Other Adjustments:

EducationQuest TIN 47-0606382 expenses 1,482,451.

Raw XML AppendixShowing 400 of 892 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Scholarship awards to students attending qualified post-secondary institutions of higher education in the state of Nebraska. (Awarded by formula on an objective nondiscriminatory basis.)Development and maintenance of a searchable scholarship database for the state of Nebraska with free on-line access.Development and maintenance of an activities resume for scholarship searching with free online access.Free outreach and training for community agencies in the state of Nebraska regarding career options, scholarships, FAFSA completion, financial aid options, and other college planning materials for their clients.Administration of the EducationQuest Scholarship Program funded by EducationQuest Foundation TIN 47-0606382 in the amount of $1,440,031
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7President/CEO/Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Senior VP/Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Assistant Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt12Secretary/Treasurer
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt07463095
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt0143168
IRS990/GrantAmt0401373
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0401373
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0401373
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0481458
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt039804198
IRS990/GrossReceiptsAmt043250455
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt026918
IRS990/InformationTechnologyGrp/ProgramServicesAmt0684104
IRS990/InformationTechnologyGrp/TotalAmt0711022
IRS990/InvestmentIncomeGrp/ExclusionAmt03239482
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03239482
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt036285954
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt040190150
IRS990/InvestmentsPubTradedSecGrp/BOYAmt096684513
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0100758231
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt042444
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08296
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05883
IRS990/LandBldgEquipCostOrOtherBssAmt048327
IRS990/LegalDomicileStateCd0NE
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt032341103
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Improve access to Higher Education in Nebraska.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0134710600
IRS990/NetAssetsOrFundBalancesEOYAmt0142561041
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07463095
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07463095
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt046592
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt023307
IRS990/OccupancyGrp/ProgramServicesAmt0305567
IRS990/OccupancyGrp/TotalAmt0328874
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt055749
IRS990/OfficeExpensesGrp/ProgramServicesAmt0663531
IRS990/OfficeExpensesGrp/TotalAmt0719280
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt03545537
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt042991
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0360944
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0403935
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0College Fair Registration
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08440
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt15167
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08440
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15167
IRS990/OtherRevenueTotalAmt013607
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168822
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01196183
IRS990/OtherSalariesAndWagesGrp/TotalAmt01365005
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025116
IRS990/PayrollTaxesGrp/ProgramServicesAmt0112196
IRS990/PayrollTaxesGrp/TotalAmt0137312
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt039210
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0219822
IRS990/PensionPlanContributionsGrp/TotalAmt0259032
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0283066
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt092882
IRS990/PrincipalOfficerNm0Elizabeth S Koop
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Grant awards to high schools, either public or private tax-exempt organizations, to enhance efforts to increase their college-going rates. (Awards determined using objective nondiscriminatory criteria.)Free annual workshops on college access for Nebraska high schools and a free biennial symposium on state-wide college access issues.Free publications: College Access Nebraska Best practice guide for college access in Nebraska high schools.Grants to middle schools in Nebraska for visits to college campuses. (Awarded by formula on an objective nondiscriminatory basis.)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0905049
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0481458
IRS990/ProgSrvcAccomActy3Grp/Desc0Free college planning services including college research, exploration of career options, scholarship search, FAFSA completion and filing, and financial aid options. (Available to all students and families in Nebraska regardless of college destination.) Three offices in Nebraska open to the public: Kearney, Lincoln, and Omaha.Sponsor statewide college fairs and conduct free college planning presentations around Nebraska.Development and maintenance of a website that provides information for middle school and high school students and parents, adult learners, students with disabilities, Nebraska school agency professionals, plus college professionals. Tools to assist with college selection, college costs estimator, FAFSA tutorial, index of majors and college planning time-lines. Free on-line assess available in English and Spanish.Free college access training for Nebraska middle and high schools, and Nebraska community agencies.Free Publications: College Prep Handbook in English and Spanish for 11th and 12th grades students and parents, KnowHow2GO Handbook in English and Spanish for 8th-10th grades students and parents, Adult Learner Handbook and College Planning for Students with Disabilities. KnowHow2GO activities for counselors, educators, and community agency staff. Nebraska sponsor for the KnowHow2GONebraska campaign. Recruit and train college-age student ambassadors to present to 8th-10 grade students through pep-rallies and other college access activities geared toward 8th-10th grade students.Increase awareness of college access through billboards, radio and TV spots, emails, and ads.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03003677
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0248770
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0839279
IRS990/PYInvestmentIncomeAmt06409560
IRS990/PYOtherExpensesAmt02597468
IRS990/PYOtherRevenueAmt023593
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0402822
IRS990/PYSalariesCompEmpBnftPaidAmt02842354
IRS990/PYTotalExpensesAmt06279101
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06681923
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04258312
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01748135
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0802003
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0470606382
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc09
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt06172316
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10EDUCATIONQUEST FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt06172316
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0252
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029782
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030034
IRS990ScheduleD/ExpensesNotReportedAmt01482451
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0478725
IRS990ScheduleD/ExpensesSubtotalAmt06172315
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0478725
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0478725
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05618
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0884
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06502
IRS990ScheduleD/NetUnrealizedGainsInvstAmt046592
IRS990ScheduleD/OtherExpensesIncludedAmt01482451
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011778
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011791
IRS990ScheduleD/OtherRevenueAmt0748651
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt017848077
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt122342073
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Private Equity
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Alternative Investments
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt0795243
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0478725
IRS990ScheduleD/RevenueSubtotalAmt010430627
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has adopted the provisions of FASB ASC 740-10, "Accounting for Income Taxes", under the provisions of FSP FIN 48-3. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. Returns for tax years 2011 and after are open to examination by the respective authorities.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EducationQuest TIN 47-0606382 revenues 748,651.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EducationQuest TIN 47-0606382 expenses 1,482,451.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05883
IRS990ScheduleD/TotalBookValueSecuritiesAmt040190150
IRS990ScheduleD/TotalExpensesPerForm990Amt06651040
IRS990ScheduleD/TotalRevenuePerForm990Amt010909352
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011225870
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07654766
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0401373
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships to students attending colleges in Nebraska
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt087
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/CashGrantAmt17500
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt420000
IRS990ScheduleI/RecipientTable/CashGrantAmt520000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt724000
IRS990ScheduleI/RecipientTable/CashGrantAmt87500
IRS990ScheduleI/RecipientTable/CashGrantAmt95000
IRS990ScheduleI/RecipientTable/CashGrantAmt107500
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/CashGrantAmt1245000

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