Civic Intelligence

Nebraska Trails Foundation Inc.

990 • Fiscal year 2016 • EIN 36-0061007

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 01, 2017

5533 S 27th St Suite 203Lincoln, NE 68512

(402) 437-8393

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

10th percentile

-35%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

6th percentile

-21%

Faster asset growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

83%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,078,552

Down $288,717 (-21%) from 2015

Net Assets

Down

$1,074,887

Down $209,767 (-16%) from 2015

Liabilities

Down

$3,665

Down $78,950 (-96%) from 2015

Revenue

Up

$598,303

Up $271,884 (+83%) from 2015

Expenses

Down

$810,622

Down $18,037 (-2.2%) from 2015

Net Income

Up

-$212,319

Up $289,921 (+58%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $1,668,359Liabilities 2012: $0Net Assets 2012: $1,668,3592012Assets 2013: $1,803,601Liabilities 2013: $0Net Assets 2013: $1,803,6012013Assets 2014: $1,789,765Liabilities 2014: $0Net Assets 2014: $1,789,7652014Assets 2015: $1,367,269Liabilities 2015: $82,615Net Assets 2015: $1,284,6542015Assets 2016: $1,078,552Liabilities 2016: $3,665Net Assets 2016: $1,074,8872016Assets 2017: $1,150,388Liabilities 2017: $10,000Net Assets 2017: $1,140,3882017Assets 2018: $868,273Liabilities 2018: $275Net Assets 2018: $867,9982018Assets 2019: $1,357,841Liabilities 2019: $280Net Assets 2019: $1,357,5612019Assets 2020: $1,644,734Liabilities 2020: $885,521Net Assets 2020: $759,2132020Assets 2021: $7,032,553Liabilities 2021: $4,513Net Assets 2021: $7,028,0402021Assets 2022: $7,196,470Liabilities 2022: $1,524Net Assets 2022: $7,194,9462022Assets 2023: $6,497,108Liabilities 2023: $4,075Net Assets 2023: $6,493,0332023Assets 2024: $397,907Liabilities 2024: $0Net Assets 2024: $397,9072024

Highlighted filing

2016

Assets$1,078,552
Liabilities$3,665
Net Assets$1,074,887

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MExpenses 2012: $169,7542012Revenue 2013: $190,010Expenses 2013: $59,108Net Income 2013: $130,9022013Revenue 2014: $469,715Expenses 2014: $484,885Net Income 2014: -$15,1702014Revenue 2015: $326,419Expenses 2015: $828,659Net Income 2015: -$502,2402015Revenue 2016: $598,303Expenses 2016: $810,622Net Income 2016: -$212,3192016Revenue 2017: $310,845Expenses 2017: $249,679Net Income 2017: $61,1662017Revenue 2018: $178,356Expenses 2018: $443,621Net Income 2018: -$265,2652018Revenue 2019: $492,339Expenses 2019: $12,562Net Income 2019: $479,7772019Revenue 2020: $369,654Expenses 2020: $969,794Net Income 2020: -$600,1402020Revenue 2021: $6,297,143Expenses 2021: $35,697Net Income 2021: $6,261,4462021Revenue 2022: $224,456Expenses 2022: $38,082Net Income 2022: $186,3742022Revenue 2023: $148,116Expenses 2023: $840,697Net Income 2023: -$692,5812023Revenue 2024: $61,209Expenses 2024: $6,156,335Net Income 2024: -$6,095,1262024

Highlighted filing

2016

Revenue$598,303
Expenses$810,622
Net Income-$212,319
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$599,373
Mission and Program Overview

Mission

To develop and promote multi-use recreational trails in nebraska.

Develop multi-use recreation trails

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$46,753$491,952▲ $445,199
Savings and Temporary Cash Investments$756,007$424,485▼ $331,522
Cash and Non-Interest-Bearing Accounts$362,913$85,644▼ $277,269
Land, Buildings, and Equipment, Net$201,596$76,471▼ $125,125
Total Assets$1,367,269$1,078,552▼ $288,717
Liabilities
Accounts Payable and Accrued Expenses$82,615$3,665▼ $78,950
Total Liabilities$82,615$3,665▼ $78,950
Net Assets / Fund Balance
Temporarily Rstr Net Assets$873,313$672,013▼ $201,300
Unrestricted Net Assets$363,412$349,772▼ $13,640
Permanently Rstr Net Assets$47,929$53,102▲ $5,173
Total Net Assets Fund Balance$1,284,654$1,074,887▼ $209,767
Total Liabilities and Net Assets / Fund Balance$1,367,269$1,078,552▼ $288,717

Asset Categories

AssetBook ValueDepreciationBasis
Land$76,471--
Other Securities$491,952--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$47,929-▲ $5,173-$53,102
2015$47,902-▲ $27-$47,929
2014$43,647$75▲ $4,180-$47,902
2013$36,155$500▲ $6,992-$43,647
2012$31,691$500▲ $3,964-$36,155
Compensation and Service Providers

Board Members and Trustees

NameTitle
John BlumerPresident
Chuck GriffithVice President
Ben CohoonDirector
Benny FoltzDirector
Elaine HammerDirector
Gale LuethDirector
Glen MossDirector
John Janovy IiiDirector
Julie FiestDirector
Lynn LightnerDirector
Nancy LoftisDirector
Sandra WashingtonDirector
Susan RodenburgDirector
Cory GodfreySecretary
Kris RutfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$588,882
Program Service Revenue
$0
Investment Income
$9,361
Other Revenue
$60
All Other Contributions
$588,882
Change in Net Assets
$-212,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$598,303
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,552
Total Revenue per Audited Statements
$600,855
Total Revenue per Form 990
$598,303
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$810,622
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$9,180--$9,180
Insurance$1,398--$1,398
Office Expenses$314--$314
Other Expenses$125--$125
Total Functional Expenses$810,622$0$0$810,622

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$810,622
Total Expenses per Audited Statements$810,622
Total Expenses per Form 990$810,622
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The foundation reviews form 990 at their annual meeting.

Form 990, Part VI, Section C, Line 19

Nebraska trails foundation makes their financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nebraska Trails Foundation Inc
EIN
36-0061007
Phone
4024378393
Address
5533 S 27TH ST SUITE 203, LINCOLN, NE 68512

Signing Officer

Name
Kris Rutford
Title
Treasurer
Phone
4024378393
Signed
2017-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kris Rutford
Formed
1989
Legal Domicile
Ne
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Florell & Barnhard Pc
Address
5831 SOUTH 58TH STREET SUITE D, LINCOLN, NE 68516
Preparer
Karen M Barnhard CPA
Phone
4024239500
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Contributions to the endowment fund are subject to donor restrictions that stipulate the original principal of the gift is to be held and invested by the organization indefinitely and income from the fund is to be expended for the trail system expenses.

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IRS990/ReconcilationRevenueExpnssAmt0-212319
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0598303
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0756007
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0424485
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UNREALIZED GAIN/LOSS ON INVESTMENTS: 2012 AMOUNT: $ 2,529 2013 AMOUNT: $ 4,340 2014 AMOUNT: $ 1,334 2015 AMOUNT: $ -2,871 2016 AMOUNT: $ 2,552 MISCELLANEOUS INCOME: 2014 AMOUNT: $ 3,875 2016 AMOUNT: $ 60 PROCEEDS FROM TRAILS CENTER 2014 AMOUNT: $150,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0588882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0311062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0295506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0468741
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01829563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015357
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021712
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt091462
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02612
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-2871
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0155209
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02529
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0161819
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87840
IRS990ScheduleA/PublicSupportPY170Pct00.87650
IRS990ScheduleA/PublicSupportTotal170Amt01829563
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0588882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0311062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0295506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165372
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0468741
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01829563
IRS990ScheduleA/TotalSupportAmt02082844
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/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt047929
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt053102
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt05173
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt047902
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt047929
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt043647
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt075
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt047902
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04180
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt036155
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt043647
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06992
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt031691
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt036155
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03964
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0810622
IRS990ScheduleD/LandGrp/BookValueAmt076471
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt076471
IRS990ScheduleD/NetUnrealizedGainsInvstAmt02552
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0491952
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt02552
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0598303
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONTRIBUTIONS TO THE ENDOWMENT FUND ARE SUBJECT TO DONOR RESTRICTIONS THAT STIPULATE THE ORIGINAL PRINCIPAL OF THE GIFT IS TO BE HELD AND INVESTED BY THE ORGANIZATION INDEFINITELY AND INCOME FROM THE FUND IS TO BE EXPENDED FOR THE TRAIL SYSTEM EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt076471
IRS990ScheduleD/TotalBookValueSecuritiesAmt0491952
IRS990ScheduleD/TotalExpensesPerForm990Amt0810622
IRS990ScheduleD/TotalRevenuePerForm990Amt0598303
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0600855
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0810622
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION REVIEWS FORM 990 AT THEIR ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEBRASKA TRAILS FOUNDATION MAKES THEIR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0873313
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0672013
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01367269
IRS990/TotalAssetsEOYAmt01078552
IRS990/TotalAssetsGrp/BOYAmt01367269
IRS990/TotalAssetsGrp/EOYAmt01078552
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0588882
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0810622
IRS990/TotalFunctionalExpensesGrp/TotalAmt0810622
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt082615
IRS990/TotalLiabilitiesEOYAmt03665
IRS990/TotalLiabilitiesGrp/BOYAmt082615
IRS990/TotalLiabilitiesGrp/EOYAmt03665
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01284654
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01074887
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0810622
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09421

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