Civic Intelligence

The Foundation for Lincoln Public

EIN 36-3490560 • 501(c)3 • Lincoln, NE

Profile

"in strategic partnership with lincoln public schools, we work with donors to create opportunities for student success."

PO Box 82889Lincoln, NE 68501

www.foundationforlps.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

20th percentile

0.05x

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

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

4th percentile

-73%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

18th percentile

$73,862

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

12th percentile

-9.2%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$18,431,724

Up $1,429,510 (+8.4%) from 2022

Liabilities

Up

$148,010

Up $4,654 (+3.2%) from 2022

Net Assets

Up

$18,283,714

Up $1,424,856 (+8.5%) from 2022

Revenue

Down

$3,044,590

Down $1,482,753 (-33%) from 2022

Expenses

Up

$5,282,353

Up $2,403,282 (+83%) from 2022

Net Income

Down

-$2,237,763

Down $3,886,035 (-236%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2014: $9,225,271Liabilities 2014: $55,796Net Assets 2014: $9,169,4752014Assets 2015: $9,264,637Liabilities 2015: $16,058Net Assets 2015: $9,248,5792015Assets 2016: $9,894,459Liabilities 2016: $17,561Net Assets 2016: $9,876,8982016Assets 2017: $10,678,093Liabilities 2017: $39,872Net Assets 2017: $10,638,2212017Assets 2018: $11,463,057Liabilities 2018: $112,888Net Assets 2018: $11,350,1692018Assets 2019: $11,596,769Liabilities 2019: $193,781Net Assets 2019: $11,402,9882019Assets 2020: $14,908,063Liabilities 2020: $305,491Net Assets 2020: $14,602,5722020Assets 2021: $17,939,166Liabilities 2021: $456,418Net Assets 2021: $17,482,7482021Assets 2022: $17,002,214Liabilities 2022: $143,356Net Assets 2022: $16,858,8582022Assets 2025: $18,431,724Liabilities 2025: $148,010Net Assets 2025: $18,283,7142025

Highlighted filing

2025

Assets$18,431,724
Liabilities$148,010
Net Assets$18,283,714

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2014: $2,236,612Expenses 2014: $1,198,531Net Income 2014: $1,038,0812014Revenue 2015: $2,232,447Expenses 2015: $1,645,254Net Income 2015: $587,1932015Revenue 2016: $2,412,796Expenses 2016: $1,704,402Net Income 2016: $708,3942016Revenue 2017: $2,172,513Expenses 2017: $1,908,628Net Income 2017: $263,8852017Revenue 2018: $2,241,048Expenses 2018: $1,955,061Net Income 2018: $285,9872018Revenue 2019: $2,183,639Expenses 2019: $2,085,905Net Income 2019: $97,7342019Revenue 2020: $4,760,474Expenses 2020: $1,849,436Net Income 2020: $2,911,0382020Revenue 2021: $3,653,642Expenses 2021: $2,394,734Net Income 2021: $1,258,9082021Revenue 2022: $4,527,343Expenses 2022: $2,879,071Net Income 2022: $1,648,2722022Revenue 2025: $3,044,590Expenses 2025: $5,282,353Net Income 2025: -$2,237,7632025

Highlighted filing

2025

Revenue$3,044,590
Expenses$5,282,353
Net Income-$2,237,763

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 13, 2026
Return Version
2024v5.0
Gross Receipts
$3,456,689
Mission and Program Overview

Mission

"the foundation for lincoln public schools believes that all students should have what they need to reach their full potential. We engage our community to inspire students and educators, and create educational opportunities that enhance academic and personal success."

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,558,230$13,245,972▲ $687,742
Cash and Non-Interest-Bearing Accounts$6,057,212$4,055,165▼ $2,002,047
Pledges and Grants Receivable$751,672$478,958▼ $272,714
Total Assets$20,307,324$18,431,724▼ $1,875,600
Other Assets Total$940,210$651,629▼ $288,581
Liabilities
Accounts Payable and Accrued Expenses$79,686$98,172▲ $18,486
Other Liabilities$60,380$49,838▼ $10,542
Total Liabilities$140,066$148,010▲ $7,944
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,663,753$15,800,806▼ $1,862,947
Net Assets Without Donor Restrictions$2,503,505$2,482,908▼ $20,597
Total Net Assets Fund Balance$20,167,258$18,283,714▼ $1,883,544
Total Liabilities and Net Assets / Fund Balance$20,307,324$18,431,724▼ $1,875,600

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$92,127$92,127

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$4,992,810$351,212▲ $458,585$254,296$5,548,311
2023$4,475,011$21,024▲ $749,168$252,393$4,992,810
2022$4,369,168$34,742▲ $307,193$236,092$4,475,011
2021$5,238,017$40,636▼ $657,650$251,835$4,369,168
2020$4,389,200$183,129▲ $875,876$210,188$5,238,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalia WiitaExecutive DiFT$68,958$4,904$73,862
Wendy VanExecutive DiFT$25,772$773$26,545

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,991,611
Program Service Revenue
$0
Investment Income
$1,052,943
Other Revenue
$36
All Other Contributions
$1,991,611
Change in Net Assets
$-2,237,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,993,309
Revenue Not Reported on Financial Statements
$51,281
Revenue Not Reported on Form 990
$382,180
Total Revenue per Audited Statements
$3,375,489
Total Revenue per Form 990
$3,044,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,830,394
Salaries, Compensation, and Employee Benefits$1,082,575
Other Expenses$369,384
Total Fundraising Expense$194,863
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,596,841--$3,596,841
Other Salaries and Wages$577,528$91,783$132,340$801,651
Grants to Domestic Individuals$233,553--$233,553
Fees for Services Accounting-$139,414-$139,414
Current Officers, Directors, Trustees, and Key Employees$39,853$29,891$29,891$99,635
Other Employee Benefits$60,569$11,937$15,915$88,421
Information Technology$483$72,832-$73,315
Payroll Taxes$49,965$9,847$13,130$72,942
Fees for Service Investment Mgmnt Fees-$51,281-$51,281
Insurance$5,873$17,698-$23,571
Office Expenses$544$21,603-$22,147
Pension Plan Contributions$13,649$2,690$3,587$19,926
Occupancy$18,052--$18,052
Advertising$13,203--$13,203
Travel$2,511$5,744-$8,255
Conferences and Meetings$14$6,045-$6,059
Other Expenses$2,895$2,094-$2,094
Interest-$8-$8
All Other Expenses$-25,460--$-25,460
Total Functional Expenses$4,605,349$482,141$194,863$5,282,353

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,282,353
Total Expenses per Audited Statements$5,259,033
Expenses per Audited Statements$5,231,072
Expenses Not Reported on Financial Statements$51,281
Expenses Not Reported on Form 990$27,961
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lincoln Public SchoolsLincoln, NEVar.General Support$3,179,394
Various Grants 5000Minneapolis, MNOrg-$297,234
B & R Stores IncLincoln, NEOrgStudent Family Assis$58,925
Lincoln Electric SystemLincoln, NEGovStudent Family Assis$44,106
Xperitas---$12,000
Black Hills EnergyCarol Stream, ILOrgStudent and Family$5,182
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$48,764
Sales Tax Payable$1,074
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the tax return is e-mailed to board members and discussed at the board meeting prior to filing the return.

Form 990, Page 6, Part VI, Line 12C

-conflict of interest forms are given to staff and board of directors annually -conflict of interest forms are reviewed by the foundation president as part of review preparation

Form 990, Page 6, Part VI, Line 15A

Budget is prepared by the president, the cfo and the board treasurer

Form 990, Page 6, Part VI, Line 15B

Key employee salaries are determined by the foundation president as part of the budget process

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Foundation for Lincoln Public
EIN
36-3490560
Phone
4024361612
Address
PO BOX 82889, LINCOLN, NE 68501

Signing Officer

Name
Natalia Wiita
Title
Executive Director
Phone
4024361612
Signed
2026-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Natalia Wiita
Formed
1989
Legal Domicile
Ne
Voting Board Members
28
Independent Board Members
28
Employees
44
Volunteers
28

Preparer

Firm
Buckley & Sitzman Llp
Address
4240 PIONEER WOODS DR, LINCOLN, NE 68506
Preparer
Tyler M Denker CPA
Phone
4024847676
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

"the foundation for lincoln public schools believes that all students should have what they need to reach their full potential. We engage our community to inspire students and educators, and create educational opportunities that enhance academic and personal success."

Form 990, Page 1, Part I, Line 6

The type of services provided by our volunteers include: -expertise in marketing, technology and financial areas -review scholarship applications -advise on business and growth plans -fundraise for priority projects -organizing special events -participate in high level conversations about teaching and learning as to provide input -thank you calls to donors the benefit to the foundation is that a broad cross section of the community is engaged in supporting and understanding our public schools, and facilitates stronger community connections and partnerships.

Form 990, Page 2, Part III, Line 4A

Programs that enhance the learning at lincoln public schools by providing access to all students or additional opportunities for any student who wishes to explore their passions. District priority projects, post- secondary and dual credit scholarships, teacher awards and classroom grants are also included in this work. A primary focus for the foundation over the last several years has been the fielding dreams campaign, which aims to build premier athletic and activity facilities in lincoln, nebraska, to serve students and community members in athletics, the arts, and various activities in partnership with lincoln public schools. While fundraising primarily occurred prior to fiscal year 2025, over 2 million was disbursed by the foundation to lincoln public schools during fiscal year 2025 for purposes of the campaign.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR ELECT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
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