Liabilities / Assets
5th percentile
Tied with the lowest-debt nonprofits in its peer group.
Elkhorn Public Schools Foundation
EIN 36-3226778 • 501(c)3 • Elkhorn, NE
Profile
The elkhorn public schools foundation promotes student achievement and the unity of our community and its public schools by encouraging, supporting and recognizing excellence in innovative education, quality school programs and civic involvement.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
7th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
32nd percentile
Higher top officer pay than 32% of similar nonprofits.
Top officer pay equals 2.3% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Balance Sheet
Assets
Up$17,157,626
Up $2,307,022 (+16%) from 2022
Liabilities
Flat$0
Flat from 2022
Net Assets
Up$17,157,626
Up $2,307,022 (+16%) from 2022
Revenue
Down$5,900,909
Down $705,123 (-11%) from 2022
Expenses
Up$5,291,510
Up $1,154,742 (+28%) from 2022
Net Income
Down$609,399
Down $1,859,865 (-75%) from 2022
Trend Graphs
Filings
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $17,157,626
- Liabilities
- $0
- Net assets
- $17,157,626
- Revenue
- $5,900,909
- Expenses
- $5,291,510
- Net income
- $609,399
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Sep 11, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $7,114,244
Mission and Program Overview
Mission
The elkhorn public schools foundation promotes student achievement and the unity of our community and its public schools by encouraging, supporting and recognizing excellence in innovative education, quality school programs and civic involvement.
To support programs benefitting elkhorn public schools.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $10,405,277 | $11,482,072 | ▲ $1,076,795 |
| Land, Buildings, and Equipment, Net | $4,025,617 | $3,912,261 | ▼ $113,356 |
| Cash and Non-Interest-Bearing Accounts | $1,586,559 | $1,712,283 | ▲ $125,724 |
| Other Notes and Loans Receivable, Net | $33,941 | $50,810 | ▲ $16,869 |
| Total Assets | $16,051,594 | $17,157,626 | ▲ $1,106,032 |
| Other Assets Total | $200 | $200 | → $0 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $13,221,649 | $14,132,401 | ▲ $910,752 |
| Net Assets With Donor Restrictions | $2,829,945 | $3,025,225 | ▲ $195,280 |
| Total Net Assets Fund Balance | $16,051,594 | $17,157,626 | ▲ $1,106,032 |
| Total Liabilities and Net Assets / Fund Balance | $16,051,594 | $17,157,626 | ▲ $1,106,032 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,307,500 | $636,220 | $3,943,720 |
| Land | $427,487 | - | $427,487 |
| Equipment | $44,278 | $228,055 | $272,333 |
| Leasehold Improvements | $132,996 | $88,003 | $220,999 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $2,050,444 | $10,500 | ▲ $206,083 | $1,000 | $2,125,917 |
| 2023 | $1,764,378 | $145,304 | ▲ $266,813 | $1,000 | $2,050,444 |
| 2022 | $2,186,367 | $61,800 | ▼ $374,584 | $1,000 | $1,764,378 |
| 2021 | $1,900,063 | $170,059 | ▲ $208,521 | $500 | $2,186,367 |
| 2020 | $1,775,214 | $6,830 | ▲ $201,360 | $500 | $1,900,063 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Stacey L Falk | Executive Director | FT | $131,236 | $3,901 | $135,137 |
| Amy Whorlow | Ekc Program Director | FT | $100,011 | $2,976 | $102,987 |
Board Members and Trustees
| Name | Title |
|---|---|
| Forrest Newburg | President |
| Katy Bode | Treasurer & President-elect |
| Alison Johnson | Director |
| Barry Mcardle | Director |
| DESIREE O'SHEA | Director |
| Deb Garrison | Director |
| Derrick Fitton | Director |
| Eric Little | Director |
| Jack Holmes | Director |
| Jake Ramsbottom | Director |
| Jill Ehlers | Director |
| Kendra Ringenberg | Director |
| Laura Burford | Director |
| Mark Kalvoda | Director |
| Nate Scott | Director |
| Ryan Broshar | Director |
| Renee Vokt | School Board Liason |
| Torri Criger | Secretary |
| Bary Habrock | Superintendent |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,021,072
- Program Service Revenue
- $4,201,588
- Investment Income
- $682,932
- Other Revenue
- $-4,683
- All Other Contributions
- $728,887
- Change in Net Assets
- $609,399
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- No
- Third parties used for noncash contributions
- No
Noncash Contributions
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 221 | $46,356 | Fair Market Value (FMV) |
| Other Non Cash Contri Table | 180 | $7,200 | Fair Market Value (FMV) |
| Securities Publicly Traded | 1 | $2,098 | Average Hi-low Price |
| Total Noncash Contributions | 402 | $55,654 | - |
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,082,546 |
| Grants and Similar Amounts Paid | $1,300,873 |
| Other Expenses | $908,091 |
| Total Fundraising Expense | $184,758 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,372,236 | $103,509 | $103,510 | $2,579,255 |
| Grants to Domestic Individuals | $761,130 | - | - | $761,130 |
| Grants to Domestic Orgs | $539,743 | - | - | $539,743 |
| Payroll Taxes | $182,572 | $12,239 | $12,945 | $207,756 |
| Current Officers, Directors, Trustees, and Key Employees | $13,124 | $56,395 | $65,618 | $135,137 |
| Other Employee Benefits | $81,400 | $40,690 | - | $122,090 |
| Depreciation Depletion | $84,852 | $30,695 | - | $115,547 |
| Occupancy | $74,251 | $26,544 | - | $100,795 |
| Office Expenses | $61,397 | $18,095 | - | $79,492 |
| Advertising | $18,385 | $47,377 | - | $65,762 |
| Fees for Services Other | $44,477 | $12,867 | - | $57,344 |
| Insurance | $18,986 | $21,803 | - | $40,789 |
| Fees for Service Investment Mgmnt Fees | - | $38,309 | - | $38,309 |
| Pension Plan Contributions | $29,398 | $8,910 | - | $38,308 |
| Information Technology | $20,253 | - | $2,685 | $22,938 |
| Fees for Services Accounting | - | $20,274 | - | $20,274 |
| Conferences and Meetings | $6,393 | $1,054 | - | $7,447 |
| Travel | $3,785 | $3,576 | - | $7,361 |
| Other Expenses | $886 | $5,828 | - | $6,714 |
| Fees for Services Legal | $521 | $369 | - | $890 |
| Total Fu |