Civic Intelligence

Sokol Omaha

990 • Fiscal year 2020 • EIN 47-0315047

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 24, 2021

7202 Giles Road Ste 4Lavista, NE 68128

(402) 346-9802

Siviq Scores

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

Liabilities / Assets

76th percentile

0.32x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

2.24x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

2nd percentile

-252%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

69th percentile

$54,850

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 77.2% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

18th percentile

-5.5%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-75%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$503,971

Down $29,153 (-5.5%) from 2019

Net Assets

Down

$344,834

Down $2,974 (-0.9%) from 2019

Liabilities

Down

$159,137

Down $26,179 (-14%) from 2019

Revenue

Down

$71,063

Down $212,167 (-75%) from 2019

Expenses

Down

$250,183

Down $47,635 (-16%) from 2019

Net Income

Down

-$179,120

Down $164,532 (-1128%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $276,206Liabilities 2010: $126,910Net Assets 2010: $149,2962010Assets 2011: $269,289Liabilities 2011: $122,672Net Assets 2011: $146,6172011Assets 2012: $274,978Liabilities 2012: $117,471Net Assets 2012: $157,5072012Assets 2013: $436,703Liabilities 2013: $337,636Net Assets 2013: $99,0672013Assets 2014: $441,660Liabilities 2014: $297,458Net Assets 2014: $144,2022014Assets 2015: $487,265Liabilities 2015: $273,240Net Assets 2015: $214,0252015Assets 2016: $528,350Liabilities 2016: $253,696Net Assets 2016: $274,6542016Assets 2017: $567,240Liabilities 2017: $254,303Net Assets 2017: $312,9372017Assets 2018: $574,579Liabilities 2018: $212,183Net Assets 2018: $362,3962018Assets 2019: $533,124Liabilities 2019: $185,316Net Assets 2019: $347,8082019Assets 2020: $503,971Liabilities 2020: $159,137Net Assets 2020: $344,8342020Assets 2021: $1,248,467Liabilities 2021: $0Net Assets 2021: $1,248,4672021Assets 2022: $2,462,554Liabilities 2022: $0Net Assets 2022: $2,462,5542022Assets 2023: $2,426,241Liabilities 2023: $0Net Assets 2023: $2,426,2412023Assets 2024: $2,396,421Liabilities 2024: $0Net Assets 2024: $2,396,4212024

Highlighted filing

2020

Assets$503,971
Liabilities$159,137
Net Assets$344,834

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $304,576Expenses 2010: $307,259Net Income 2010: -$2,6832010Revenue 2011: $295,514Expenses 2011: $293,375Net Income 2011: $2,1392011Revenue 2012: $344,893Expenses 2012: $307,655Net Income 2012: $37,2382012Revenue 2013: $328,708Expenses 2013: $327,381Net Income 2013: $1,3272013Revenue 2014: $371,702Expenses 2014: $326,567Net Income 2014: $45,1352014Revenue 2015: $436,694Expenses 2015: $311,534Net Income 2015: $125,1602015Revenue 2016: $499,373Expenses 2016: $412,256Net Income 2016: $87,1172016Revenue 2017: $414,486Expenses 2017: $376,203Net Income 2017: $38,2832017Revenue 2018: $413,707Expenses 2018: $349,658Net Income 2018: $64,0492018Revenue 2019: $283,230Expenses 2019: $297,818Net Income 2019: -$14,5882019Revenue 2020: $71,063Expenses 2020: $250,183Net Income 2020: -$179,1202020Revenue 2021: $1,377,415Expenses 2021: $170,945Net Income 2021: $1,206,4702021Revenue 2022: $12,536Expenses 2022: $10,049Net Income 2022: $2,4872022Revenue 2023: -$25,798Expenses 2023: $10,337Net Income 2023: -$36,1352023Revenue 2024: $31,677Expenses 2024: $39,803Net Income 2024: -$8,1262024

Highlighted filing

2020

Revenue$71,063
Expenses$250,183
Net Income-$179,120
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 24, 2021
Return Version
2020v4.0
Gross Receipts
$99,887
Mission and Program Overview

Mission

Sokol is an organization dedicated to the physical, mental, and cultural advancement of its members, and the children who attend its gymnasiums. It is based upon the theory that only physically fit, mentally alert and culturally well-developed citizens can form a healty, strong nation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$450,492$446,392▼ $4,100
Pd in Cap Srpls Land Bldg Eqp Fund-$176,146-
Rtn Earn Endowment Incm Other Fnds$347,808$168,688▼ $179,120
Cash and Non-Interest-Bearing Accounts$37,911$28,442▼ $9,469
Savings and Temporary Cash Investments$56,695$27,308▼ $29,387
Inventories for Sale or Use$9,274$1,829▼ $7,445
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$533,124$503,971▼ $29,153
Other Assets Total$-21,248$0▲ $21,248
Liabilities
Mortgage Notes Payable Secured by Investment Property$164,250$133,965▼ $30,285
Other Liabilities$21,066$25,172▲ $4,106
Total Liabilities$185,316$159,137▼ $26,179
Net Assets / Fund Balance
Total Net Assets Fund Balance$347,808$344,834▼ $2,974
Total Liabilities and Net Assets / Fund Balance$533,124$503,971▼ $29,153

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$180,125$338,777$518,902
Other Land Buildings$72,617$254,235$326,852
Equipment$115,301$129,074$244,375
Buildings$45,474$160,000$205,474
Land$32,875-$32,875
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dan RannellsPresidentFT$54,850$54,850
Barbara SeefusDirectorPT$360$360
Doreen RaurDirectorPT$270$270

Board Members and Trustees

NameTitle
Ed SvobodaVice President
Tom KerfootSecretary
Walt BuresTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,200
Program Service Revenue
$3,884
Investment Income
$56
Other Revenue
$65,923
All Other Contributions
$1,200
Change in Net Assets
$-179,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,933
Salaries, Compensation, and Employee Benefits$108,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,480--$55,480
Insurance$45,484--$45,484
Other Salaries and Wages$45,077--$45,077
Interest$10,331--$10,331
Payroll Taxes$7,693--$7,693
Office Expenses$5,290--$5,290
All Other Expenses$4,633--$4,633
Depreciation Depletion$4,100--$4,100
Other Expenses$2,793--$2,793
Advertising$1,596--$1,596
Fees for Services Accounting$1,350--$1,350
Travel$156--$156
Total Functional Expenses$250,183$0$0$250,183
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Current Payment L/T Loan$25,121
Sales Taxes Payable$51
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Sokol Omaha
EIN
47-0315047
Phone
4023469802
Address
7202 GILES ROAD STE 4, LAVISTA, NE 68128

Signing Officer

Name
Dan Rannells
Title
President
Signed
2021-07-24
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ne
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Lacey & Associates Cpas Pc
Address
5005 S 84 St, Ralston, NE 68127
Preparer
Douglas J Lacey CPA
Phone
4023397330
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Gym classes - Training of youth in gymnastics skills for competitions in local and regional events. OTHER PROGRAM SERVICES 5: To maintain building for all of the above.

Other Changes In Net Assets Or Fund Balances - Other Increases

Ppp and eidl loans = $176146

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IRS990/ProgSrvcAccomActy2Grp/Desc0Ethnic dances twice a month - polka music - 100 average attendance. Once a year a Polka Hall of Fame honors outstanding band leaders.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015620
IRS990/ProgSrvcAccomActy3Grp/Desc0Ethnic library and other building uses - open to the public for reading and research; most books deal with culture and heritage of Czechoslovakia.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05610
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt025
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0261
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0161880
IRS990/PYOtherRevenueAmt0263478
IRS990/PYProgramServiceRevenueAmt019466
IRS990/PYRevenuesLessExpensesAmt0-14588
IRS990/PYSalariesCompEmpBnftPaidAmt0135938
IRS990/PYTotalExpensesAmt0297818
IRS990/PYTotalRevenueAmt0283230
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-179120
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt0556
IRS990/RentalIncomeOrLossGrp/RealAmt062608
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0347808
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0168688
IRS990/SavingsAndTempCashInvstGrp/BOYAmt056695
IRS990/SavingsAndTempCashInvstGrp/EOYAmt027308
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt045474
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0160000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0205474
IRS990ScheduleD/EquipmentGrp/BookValueAmt0115301
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0129074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0244375
IRS990ScheduleD/LandGrp/BookValueAmt032875
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032875
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0180125
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0338777
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0518902
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt072617
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0254235
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0326852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt025121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt151
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Current Payment L/T Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Sales Taxes Payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0446392
IRS990ScheduleD/TotalLiabilityAmt025172
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Gym classes - Training of youth in gymnastics skills for competitions in local and regional events. OTHER PROGRAM SERVICES 5: To maintain building for all of the above.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PPP AND EIDL LOANS = $176146
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0533124
IRS990/TotalAssetsEOYAmt0503971
IRS990/TotalAssetsGrp/BOYAmt0533124
IRS990/TotalAssetsGrp/EOYAmt0503971
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250183
IRS990/TotalFunctionalExpensesGrp/TotalAmt0250183
IRS990/TotalGrossUBIAmt069051
IRS990/TotalLiabilitiesBOYAmt0185316
IRS990/TotalLiabilitiesEOYAmt0159137
IRS990/TotalLiabilitiesGrp/BOYAmt0185316
IRS990/TotalLiabilitiesGrp/EOYAmt0159137
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0347808
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0344834
IRS990/TotalOtherProgSrvcExpenseAmt03250
IRS990/TotalProgramServiceExpensesAmt0250183
IRS990/TotalProgramServiceRevenueAmt03884
IRS990/TotalReportableCompFromOrgAmt055480
IRS990/TotalRevenueGrp/ExclusionAmt0812
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071063
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt069051
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0533124
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0503971
IRS990/TravelGrp/ProgramServicesAmt0156
IRS990/TravelGrp/TotalAmt0156
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/USAddress/AddressLine1Txt07202 GILES ROAD STE 4 244
IRS990/USAddress/CityNm0LAVISTA
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068128
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dan Rannells

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.03$0.04$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$0.03$0.01$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.01$0.01$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.38$0.17$1.21
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.16$0.34$0.07$0.25$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.19$0.35$0.28$0.30$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.21$0.36$0.41$0.35$0.06
2017Summary only. Only limited summary data is available for this year.$0.57$0.25$0.31$0.41$0.38$0.04
2016Summary only. Only limited summary data is available for this year.$0.53$0.25$0.27$0.50$0.41$0.09
2015Summary only. Only limited summary data is available for this year.$0.49$0.27$0.21$0.44$0.31$0.13
2014Summary only. Only limited summary data is available for this year.$0.44$0.30$0.14$0.37$0.33$0.05
2013Summary only. Only limited summary data is available for this year.$0.44$0.34$0.10$0.33$0.33$0.00
2012Summary only. Only limited summary data is available for this year.$0.27$0.12$0.16$0.34$0.31$0.04
2011Summary only. Only limited summary data is available for this year.$0.27$0.12$0.15$0.30$0.29$0.00
2010Summary only. Only limited summary data is available for this year.$0.28$0.13$0.15$0.30$0.31$0.00