Civic Intelligence

Nebraska Retail Federation

990 • Fiscal year 2016 • EIN 47-0436836

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 03, 2017

3200 Pine Lake Road Suite ALincoln, NE 68516

(402) 474-5255

Siviq Scores

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

Liabilities / Assets

98th percentile

1.77x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.48x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

78th percentile

$28,998

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 34.7% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-32%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-4.3%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$22,829

Down $10,544 (-32%) from 2015

Net Assets

Down

-$17,634

Down $39,131 (-182%) from 2015

Liabilities

Up

$40,463

Up $28,587 (+241%) from 2015

Revenue

Down

$83,648

Down $3,724 (-4.3%) from 2015

Expenses

Up

$93,937

Up $2,063 (+2.2%) from 2015

Net Income

Down

-$10,289

Down $5,787 (-129%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2011: $58,027Liabilities 2011: $786Net Assets 2011: $57,2412011Assets 2012: $59,987Liabilities 2012: $5,571Net Assets 2012: $54,4162012Assets 2013: $31,856Liabilities 2013: $1,478Net Assets 2013: $30,3782013Assets 2014: $38,228Liabilities 2014: $1,518Net Assets 2014: $36,7102014Assets 2015: $33,373Liabilities 2015: $11,876Net Assets 2015: $21,4972015Assets 2016: $22,829Liabilities 2016: $40,463Net Assets 2016: -$17,6342016Assets 2017: $23,948Liabilities 2017: $65,717Net Assets 2017: -$41,7692017Assets 2018: $24,696Liabilities 2018: $109,624Net Assets 2018: -$84,9282018Assets 2019: $16,221Liabilities 2019: $147,027Net Assets 2019: -$130,8062019Assets 2020: $21,505Liabilities 2020: $191,249Net Assets 2020: -$169,7442020Assets 2021: $27,803Liabilities 2021: $234,618Net Assets 2021: -$206,8152021Assets 2022: $25,220Liabilities 2022: $265,207Net Assets 2022: -$239,9872022Assets 2023: $19,250Liabilities 2023: $294,884Net Assets 2023: -$275,6342023Assets 2024: $22,683Liabilities 2024: $1,311Net Assets 2024: $21,3722024

Highlighted filing

2016

Assets$22,829
Liabilities$40,463
Net Assets-$17,634

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $107,5612011Expenses 2012: $122,1402012Revenue 2013: $71,868Expenses 2013: $95,906Net Income 2013: -$24,0382013Revenue 2014: $98,301Expenses 2014: $91,969Net Income 2014: $6,3322014Revenue 2015: $87,372Expenses 2015: $91,874Net Income 2015: -$4,5022015Revenue 2016: $83,648Expenses 2016: $93,937Net Income 2016: -$10,2892016Revenue 2017: $85,276Expenses 2017: $83,404Net Income 2017: $1,8722017Revenue 2018: $58,698Expenses 2018: $58,517Net Income 2018: $1812018Revenue 2019: $54,836Expenses 2019: $63,865Net Income 2019: -$9,0292019Revenue 2020: $57,639Expenses 2020: $52,479Net Income 2020: $5,1602020Revenue 2021: $59,469Expenses 2021: $52,742Net Income 2021: $6,7272021Revenue 2022: $66,131Expenses 2022: $75,781Net Income 2022: -$9,6502022Revenue 2023: $61,709Expenses 2023: $67,659Net Income 2023: -$5,9502023Revenue 2024: $73,162Expenses 2024: $69,696Net Income 2024: $3,4662024

Highlighted filing

2016

Revenue$83,648
Expenses$93,937
Net Income-$10,289
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 3, 2017
Return Version
2016v3.0
Gross Receipts
$83,648
Mission and Program Overview

Mission

To promote the business of retailing and retail merchants in the state of nebraska.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,373$22,829▼ $10,544
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$33,373$22,829▼ $10,544
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$11,876$40,463▲ $28,587
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$11,876$40,463▲ $28,587
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$21,497$-17,634▼ $39,131
Total Net Assets Fund Balance$21,497$-17,634▼ $39,131
Total Liabilities and Net Assets / Fund Balance$33,373$22,829▼ $10,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James OttoPresidentFT$28,998$28,998

Board Members and Trustees

NameTitle
Theodore HarrisChair
Alison StephenDirector
Brion WestfahlDirector
Steve HardingDirector
Alicia PetersSecretary
Alan MatulkaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,360
Program Service Revenue
$0
Investment Income
$354
Other Revenue
$26,934
Change in Net Assets
$-10,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$49,370
Other Expenses$44,567
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---$28,998
Other Salaries and Wages---$16,786
Fees for Services Lobbying---$13,920
Occupancy---$4,992
Fees for Services Accounting---$4,680
Travel---$4,157
Other Expenses---$3,762
Payroll Taxes---$3,586
All Other Expenses---$3,409
Insurance---$968
Office Expenses---$576
Total Functional Expenses$0$0$0$93,937
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$39,185
Current Year Nondeductible Lobbying and Political Cost$21,735
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$39,553
Payroll Taxes Payable$910
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes

Governance Explanations

Part VI, Section B, Line 11B

The annual form 990 - return of organization exempt from income tax is reviewed by the executive committee prior to filing.

Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public by request.

Filing and Contact Details

Filer

Filer Name
Nebraska Retail Federation
EIN
47-0436836
In Care Of
% WILLNERD & ASSOCIATES LLC
Phone
4024745255
Address
3200 Pine Lake Road Suite A, Lincoln, NE 68516

Signing Officer

Name
Jim Otto
Title
Executive Director
Phone
4024745255
Signed
2017-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Otto
Formed
1960
Legal Domicile
Ne
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
0

Preparer

Firm
Willnerd & Associates LLC
Address
3200 Pine Lake Road Suite A, Lincoln, NE 68516
Preparer
Milton A Willnerd
Phone
4024211811
Supplemental Narrative

Additional Explanations

Part IX, Line 24E - All other expenses

Contract labor $ 3,284. Taxes 125. ------- all other expenses $ 3,409. =======

Part XI, Line 9 - Reconciliation of Net Assets, Other Changes

Accrual to Cash Adjustment ($28,842.) ==========

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORTS THE EDUCATION OF FUTURE BUSINESS LEADERS THROUGH SUPPORT OF THE HIGH SCHOOL DECA PROGRAM. STUDENTS CAN BEGIN THEIR EXPERIENCE AS EARLY AS THE NINTH GRADE BY ENROLLING IN A MARKETING, FINANCE, HOSPITALITY, BUSINESS MANAGEMENT OR ENTREPRENEURSHIP COURSES.
IRS990/ProgSrvcAccomActy3Grp/Desc0SUPPORTS GREEN SOLUTIONS AND THE ENVIRONMENT THROUGH BOARD MEMBERSHIP AND FINANCIAL SUPPORT OF THE GOVERNOR'S COUNCIL TO KEEP NEBRASKA BEAUTIFUL.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt060060
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0708
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt041469
IRS990/PYOtherRevenueAmt026604
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-4502
IRS990/PYSalariesCompEmpBnftPaidAmt050405
IRS990/PYTotalExpensesAmt091874
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt087372
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-10289
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt03701
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03701
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AggregateReportedDuesNtcAmt022544
IRS990ScheduleC/AgreeCarryoverPriorYearInd0true
IRS990ScheduleC/CarriedOverAmt016641
IRS990ScheduleC/DuesAssessmentsAmt056360
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt017450
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt021735
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt039185
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0910
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED PAYROLL
IRS990ScheduleD/TotalLiabilityAmt040463
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ANNUAL FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX IS REVIEWED BY THE EXECUTIVE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization makes its governing documents and financial statements available to the public by request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTRACT LABOR $ 3,284. TAXES 125. ------- ALL OTHER EXPENSES $ 3,409. =======
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accrual to Cash Adjustment ($28,842.) ==========
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part IX, Line 24E - All other expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XI, Line 9 - Reconciliation of Net Assets, Other Changes
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt033373
IRS990/TotalAssetsEOYAmt022829
IRS990/TotalAssetsGrp/BOYAmt033373
IRS990/TotalAssetsGrp/EOYAmt022829
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt056360
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/TotalAmt093937
IRS990/TotalGrossUBIAmt020733
IRS990/TotalLiabilitiesBOYAmt011876
IRS990/TotalLiabilitiesEOYAmt040463
IRS990/TotalLiabilitiesGrp/BOYAmt011876
IRS990/TotalLiabilitiesGrp/EOYAmt040463
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt021497
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-17634
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt028998
IRS990/TotalRevenueGrp/ExclusionAmt04055
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt083648
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt020733
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033373
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022829
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt04157
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt021497
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-17634
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01610 South 70th Street
IRS990/USAddress/CityNm0Lincoln
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068506
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.nebraskaretail.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM OTTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04024745255
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Nebraska Retail Federation
ReturnHeader/Filer/BusinessNameControlTxt0NEBR
ReturnHeader/Filer/EIN0470436836
ReturnHeader/Filer/InCareOfNm0% WILLNERD & ASSOCIATES LLC
ReturnHeader/Filer/PhoneNum04024745255
ReturnHeader/Filer/USAddress/AddressLine1Txt03200 Pine Lake Road Suite A
ReturnHeader/Filer/USAddress/CityNm0Lincoln
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068516
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CB92F2FA211F991B5064E80229E32E3D193CF339
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CB92F2FA211F991B5064E80229E32E3D193CF339
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId047043920171735000000
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-06-22
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.106.8.202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Willnerd & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03200 Pine Lake Road Suite A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lincoln

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.21$0.73$0.70$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.19$2.95$2.76$0.62$0.68$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.25$2.65$2.40$0.66$0.76$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.28$2.35$2.07$0.59$0.53$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.22$1.91$1.70$0.58$0.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.16$1.47$1.31$0.55$0.64$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.25$1.10$0.85$0.59$0.59$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.66$0.42$0.85$0.83$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.40$0.18$0.84$0.94$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.12$0.21$0.87$0.92$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.02$0.37$0.98$0.92$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.30$0.72$0.96$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.06$0.54$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.01$0.57$1.08