Civic Intelligence

Nebraska Trails Foundation Inc.

990 • Fiscal year 2017 • EIN 36-0061007

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 09, 2018

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

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

60th percentile

6.7%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,150,388

Up $71,836 (+6.7%) from 2016

Net Assets

Up

$1,140,388

Up $65,501 (+6.1%) from 2016

Liabilities

Up

$10,000

Up $6,335 (+173%) from 2016

Revenue

Down

$310,845

Down $287,458 (-48%) from 2016

Expenses

Down

$249,679

Down $560,943 (-69%) from 2016

Net Income

Up

$61,166

Up $273,485 (+129%) from 2016

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

2017

Assets$1,150,388
Liabilities$10,000
Net Assets$1,140,388

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

2017

Revenue$310,845
Expenses$249,679
Net Income$61,166
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 9, 2018
Return Version
2017v2.3
Gross Receipts
$410,845
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
Savings and Temporary Cash Investments$424,485$719,241▲ $294,756
Cash and Non-Interest-Bearing Accounts$85,644$368,184▲ $282,540
Land, Buildings, and Equipment, Net$76,471--
Investments Other Securities$491,952$59,622▼ $432,330
Accounts Receivable-$3,341-
Total Assets$1,078,552$1,150,388▲ $71,836
Liabilities
Accounts Payable and Accrued Expenses$3,665$10,000▲ $6,335
Total Liabilities$3,665$10,000▲ $6,335
Net Assets / Fund Balance
Temporarily Rstr Net Assets$672,013$926,242▲ $254,229
Unrestricted Net Assets$349,772$153,348▼ $196,424
Permanently Rstr Net Assets$53,102$60,798▲ $7,696
Total Net Assets Fund Balance$1,074,887$1,140,388▲ $65,501
Total Liabilities and Net Assets / Fund Balance$1,078,552$1,150,388▲ $71,836

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$59,622--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$53,102-▲ $7,696-$60,798
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chuck GriffithPresident
Gale LuethVice President
Alex DuryeaDirector
Ben CohoonDirector
Benny FoltzDirector
Dave EgrDirector
Elaine HammerDirector
Glenn JohnsonDirector
John Janovy IiiDirector
Julie FiestDirector
Kristi NewcombDirector
Nancy LoftisDirector
Roger HirschDirector
Sandra WashingtonDirector
Susan RodenburgSecretary
Kris RutfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$293,613
Program Service Revenue
$0
Investment Income
$12,118
Other Revenue
$5,114
All Other Contributions
$293,613
Change in Net Assets
$61,166

Audited Revenue Reconciliation

Revenue per Audited Statements
$310,845
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,335
Total Revenue per Audited Statements
$315,180
Total Revenue per Form 990
$310,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,679
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$10,620--$10,620
Insurance$1,420--$1,420
Other Expenses$34--$34
Total Functional Expenses$249,679$0$0$249,679

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$249,679
Total Expenses per Audited Statements$249,679
Total Expenses per Form 990$249,679
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
2018-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kris Rutford
Formed
1989
Legal Domicile
Ne
Voting Board Members
16
Independent Board Members
16
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/PYOtherRevenueAmt060
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-212319
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0810622
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0598303
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt061166
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0310845
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0424485
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0719241
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UNREALIZED GAIN/LOSS ON INVESTMENTS: 2013 AMOUNT: $ 4,340 2014 AMOUNT: $ 1,334 2015 AMOUNT: $ -2,871 2016 AMOUNT: $ 2,552 2017 AMOUNT: $ 4,335 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/CurrentTaxYearAmt0293613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0588882
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0311062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0295506
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0165372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01654435
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt015357
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024638
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt086982
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02612
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0-2871
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0155209
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04340
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0163625
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86850
IRS990ScheduleA/PublicSupportPY170Pct00.87840
IRS990ScheduleA/PublicSupportTotal170Amt01654435
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0293613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0588882
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0311062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0295506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0165372
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01654435
IRS990ScheduleA/TotalSupportAmt01905042
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt053102
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt060798
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt07696
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt047929
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt053102
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05173
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt047902
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt047929
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt043647
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt075
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt047902
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04180
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt036155
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt043647
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06992
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0249679
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04335
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt059622
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt04335
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0310845
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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt059622
IRS990ScheduleD/TotalExpensesPerForm990Amt0249679
IRS990ScheduleD/TotalRevenuePerForm990Amt0310845
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0315180
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0249679
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/BOYAmt0672013
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0926242
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01078552
IRS990/TotalAssetsEOYAmt01150388
IRS990/TotalAssetsGrp/BOYAmt01078552
IRS990/TotalAssetsGrp/EOYAmt01150388
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0293613
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0249679
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249679
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03665
IRS990/TotalLiabilitiesEOYAmt010000
IRS990/TotalLiabilitiesGrp/BOYAmt03665
IRS990/TotalLiabilitiesGrp/EOYAmt010000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01074887
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01140388
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0249679
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt017232
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0310845
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01078552

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