Civic Intelligence

Lincoln Education Association

990 • Fiscal year 2022 • EIN 47-0465895

Sep 01, 2021 to Aug 31, 2022 • Filed on Jan 17, 2023

4920 Normal BlvdLincoln, NE 68506

(402) 489-7500

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.04x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Net Margin

47th percentile

3.4%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

49th percentile

$10,000

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Asset Growth

36th percentile

-2.0%

Faster asset growth than 36% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-8.9%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$965,625

Down $19,247 (-2.0%) from 2021

Net Assets

Down

$949,762

Down $15,724 (-1.6%) from 2021

Liabilities

Down

$15,863

Down $3,523 (-18%) from 2021

Revenue

Down

$366,077

Down $35,922 (-8.9%) from 2021

Expenses

Up

$353,552

Up $15,974 (+4.7%) from 2021

Net Income

Down

$12,525

Down $51,896 (-81%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $660,615Liabilities 2011: $242,715Net Assets 2011: $417,9002011Assets 2012: $675,919Liabilities 2012: $234,689Net Assets 2012: $441,2302012Assets 2013: $649,662Liabilities 2013: $177,405Net Assets 2013: $472,2572013Assets 2014: $700,860Liabilities 2014: $172,012Net Assets 2014: $528,8482014Assets 2015: $749,579Liabilities 2015: $182,503Net Assets 2015: $567,0762015Assets 2016: $802,060Liabilities 2016: $190,338Net Assets 2016: $611,7222016Assets 2017: $850,570Liabilities 2017: $194,892Net Assets 2017: $655,6782017Assets 2018: $874,729Liabilities 2018: $150,366Net Assets 2018: $724,3632018Assets 2019: $771,003Liabilities 2019: $25,755Net Assets 2019: $745,2482019Assets 2020: $887,971Liabilities 2020: $24,761Net Assets 2020: $863,2102020Assets 2021: $984,872Liabilities 2021: $19,386Net Assets 2021: $965,4862021Assets 2022: $965,625Liabilities 2022: $15,863Net Assets 2022: $949,7622022Assets 2023: $969,352Liabilities 2023: $9,589Net Assets 2023: $959,7632023Assets 2025: $1,143,287Liabilities 2025: $8,546Net Assets 2025: $1,134,7412025

Highlighted filing

2022

Assets$965,625
Liabilities$15,863
Net Assets$949,762

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,252,498Expenses 2011: $2,246,897Net Income 2011: $5,6012011Expenses 2012: $2,327,9202012Expenses 2013: $2,279,6472013Revenue 2014: $2,391,164Expenses 2014: $2,348,952Net Income 2014: $42,2122014Revenue 2015: $2,453,553Expenses 2015: $2,398,284Net Income 2015: $55,2692015Revenue 2016: $663,541Expenses 2016: $624,779Net Income 2016: $38,7622016Revenue 2017: $678,231Expenses 2017: $638,285Net Income 2017: $39,9462017Revenue 2018: $625,967Expenses 2018: $564,984Net Income 2018: $60,9832018Revenue 2019: $469,375Expenses 2019: $433,290Net Income 2019: $36,0852019Revenue 2020: $408,122Expenses 2020: $344,009Net Income 2020: $64,1132020Revenue 2021: $401,999Expenses 2021: $337,578Net Income 2021: $64,4212021Revenue 2022: $366,077Expenses 2022: $353,552Net Income 2022: $12,5252022Revenue 2023: $332,142Expenses 2023: $355,563Net Income 2023: -$23,4212023Revenue 2025: $362,274Expenses 2025: $319,517Net Income 2025: $42,7572025

Highlighted filing

2022

Revenue$366,077
Expenses$353,552
Net Income$12,525
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jan 17, 2023
Return Version
2021v4.0
Gross Receipts
$455,113
Mission and Program Overview

Mission

To advance the profession of public education, the empowerment of educators and to promote a quality public education for all students as well as to ensure, the rights and interests of educational employees and advocate human, civil and economic rights for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$484,742$476,036▼ $8,706
Investments in Publicly Traded Securities$297,288$279,359▼ $17,929
Land, Buildings, and Equipment, Net$197,954$206,681▲ $8,727
Accounts Receivable$4,806$3,467▼ $1,339
Cash and Non-Interest-Bearing Accounts$82$82→ $0
Total Assets$984,872$965,625▼ $19,247
Liabilities
Accounts Payable and Accrued Expenses$19,386$15,863▼ $3,523
Total Liabilities$19,386$15,863▼ $3,523
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$963,162$947,269▼ $15,893
Net Assets With Donor Restrictions$2,324$2,493▲ $169
Total Net Assets Fund Balance$965,486$949,762▼ $15,724
Total Liabilities and Net Assets / Fund Balance$984,872$965,625▼ $19,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$140,560$315,222$455,782
Land$66,121-$66,121
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deb RasmussenPresidentPT$10,000$10,000
Megan SimsicSecretary/tr-$2,000$2,000
Mindy DillerVice Preside-$2,000$2,000

Board Members and Trustees

NameTitle
Christine FoyDirector
Gina BoltzDirector
Jordan MullerDirector
Julie ColbyDirector
Nora LenzDirector
Shari AndersonDirector
Stephanie HowellDirector
William WestDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$325,863
Investment Income
$9,764
Other Revenue
$30,450
Change in Net Assets
$12,525

Audited Revenue Reconciliation

Revenue per Audited Statements
$363,852
Revenue Not Reported on Financial Statements
$2,225
Revenue Not Reported on Form 990
$-26,024
Total Revenue per Audited Statements
$337,828
Total Revenue per Form 990
$366,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$191,606
Other Expenses$161,946
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,064--$129,064
Other Employee Benefits$30,030--$30,030
Conferences and Meetings$29,090--$29,090
Pension Plan Contributions$22,487--$22,487
Occupancy$17,725--$17,725
Payroll Taxes$10,025--$10,025
Fees for Services Legal$8,319--$8,319
Depreciation Depletion$7,310--$7,310
Fees for Services Accounting$6,050--$6,050
Other Expenses$3,348--$3,348
All Other Expenses$937--$937
Total Functional Expenses$353,552$0$0$353,552

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$353,552
Total Expenses per Audited Statements$353,552
Total Expenses per Form 990$353,552
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Form 990 is reviewed by the president and is available to board of directors prior to filing.

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

Policy rules reviewed annually at board of directors meetings.

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

Compensation is negotiated annually as part of bargaining process.

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

Compensation is negotiated annually as part of bargaining process.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are held at the organization's office and are available for inspection by the public.

Filing and Contact Details

Filer

Filer Name
Lincoln Education Association
EIN
47-0465895
Phone
4024897500
Address
4920 NORMAL BLVD, LINCOLN, NE 68506

Signing Officer

Name
Deb Rasmussen
Title
President
Phone
4024897500
Signed
2023-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deb Rasmussen
Formed
1920
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
4

Preparer

Firm
Buckley & Sitzman Llp
Address
4240 PIONEER WOODS DR, LINCOLN, NE 68506-5278
Preparer
Lester F Buckley CPA
Phone
4024847676
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To advance the profession of public education, the empowerment of educators and to promote a quality public education for all students as well as to ensure, the rights and interests of educational employees and advocate human, civil and economic rights for its members.

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

Instruction & prof. Development program provides conventions, workshops, & training seminars to improve quality of education in classrooms & the teaching profession.

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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/ProgSrvcAccomActy3Grp/Desc0MEMBERSHIP, MARKETING & MINORITY AFFAIRS PROGRAM PROVIDES INVOLVEMENT IN COMMUNITY & ETHNIC ISSUES, PROMOTES MEMBERSHIP, RECOGNIZES ACHIEVEMENTS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0INSTRUCTION & PROF. DEVELOPMENT PROGRAM PROVIDES CONVENTIONS, WORKSHOPS, & TRAINING SEMINARS TO IMPROVE QUALITY OF EDUCATION IN CLASSROOMS & THE TEACHING PROFESSION.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt07399
IRS990/PYOtherExpensesAmt0139046
IRS990/PYOtherRevenueAmt046185
IRS990/PYProgramServiceRevenueAmt0348415
IRS990/PYRevenuesLessExpensesAmt064421
IRS990/PYSalariesCompEmpBnftPaidAmt0198532
IRS990/PYTotalExpensesAmt0337578
IRS990/PYTotalRevenueAmt0401999
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt012525
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0484742
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0476036
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0140560
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0315222
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0455782
IRS990ScheduleD/ExpensesSubtotalAmt0353552
IRS990ScheduleD/InvestmentExpensesNotIncldAmt02225
IRS990ScheduleD/LandGrp/BookValueAmt066121
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt066121
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-26024
IRS990ScheduleD/RevenueNotReportedAmt0-26024
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02225
IRS990ScheduleD/RevenueSubtotalAmt0363852
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0206681
IRS990ScheduleD/TotalExpensesPerForm990Amt0353552
IRS990ScheduleD/TotalRevenuePerForm990Amt0366077
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0337828
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0353552
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ADVANCE THE PROFESSION OF PUBLIC EDUCATION, THE EMPOWERMENT OF EDUCATORS AND TO PROMOTE A QUALITY PUBLIC EDUCATION FOR ALL STUDENTS AS WELL AS TO ENSURE, THE RIGHTS AND INTERESTS OF EDUCATIONAL EMPLOYEES AND ADVOCATE HUMAN, CIVIL AND ECONOMIC RIGHTS FOR ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSTRUCTION & PROF. DEVELOPMENT PROGRAM PROVIDES CONVENTIONS, WORKSHOPS, & TRAINING SEMINARS TO IMPROVE QUALITY OF EDUCATION IN CLASSROOMS & THE TEACHING PROFESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE PRESIDENT AND IS AVAILABLE TO BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POLICY RULES REVIEWED ANNUALLY AT BOARD OF DIRECTORS MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS NEGOTIATED ANNUALLY AS PART OF BARGAINING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS NEGOTIATED ANNUALLY AS PART OF BARGAINING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE HELD AT THE ORGANIZATION'S OFFICE AND ARE AVAILABLE FOR INSPECTION BY THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0984872
IRS990/TotalAssetsEOYAmt0965625
IRS990/TotalAssetsGrp/BOYAmt0984872
IRS990/TotalAssetsGrp/EOYAmt0965625
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0353552
IRS990/TotalFunctionalExpensesGrp/TotalAmt0353552
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019386
IRS990/TotalLiabilitiesEOYAmt015863
IRS990/TotalLiabilitiesGrp/BOYAmt019386
IRS990/TotalLiabilitiesGrp/EOYAmt015863
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0965486
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0949762
IRS990/TotalProgramServiceRevenueAmt0325863
IRS990/TotalReportableCompFromOrgAmt014000
IRS990/TotalRevenueGrp/ExclusionAmt04793
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0361284
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0366077
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0984872
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0965625
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04432 BELRIDGE DR
IRS990/USAddress/CityNm0LINCOLN
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068521
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.LINCOLNEDUCATIONASSOCIATION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEB RASMUSSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04024897500
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LINCOLN EDUCATION ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LINC
ReturnHeader/Filer/EIN0470465895
ReturnHeader/Filer/PhoneNum04024897500
ReturnHeader/Filer/USAddress/AddressLine1Txt04920 NORMAL BLVD
ReturnHeader/Filer/USAddress/CityNm0LINCOLN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068506
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470350235
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BUCKLEY & SITZMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04240 PIONEER WOODS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINCOLN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0685065278
ReturnHeader/PreparerPersonGrp/PhoneNum04024847676
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LESTER F BUCKLEY CPA
ReturnHeader/ReturnTs02023-02-22T10:57:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEB
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RASMUSSEN
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.01$1.13$0.36$0.32$0.04
2023Summary only. Only limited summary data is available for this year.$0.97$0.01$0.96$0.33$0.36$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.02$0.95$0.37$0.35$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.02$0.97$0.40$0.34$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.02$0.86$0.41$0.34$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.03$0.75$0.47$0.43$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.15$0.72$0.63$0.56$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.19$0.66$0.68$0.64$0.04
2016Summary only. Only limited summary data is available for this year.$0.80$0.19$0.61$0.66$0.62$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.18$0.57$2.45$2.40$0.06
2014Summary only. Only limited summary data is available for this year.$0.70$0.17$0.53$2.39$2.35$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.18$0.47$2.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.23$0.44$2.33
2011Summary only. Only limited summary data is available for this year.$0.66$0.24$0.42$2.25$2.25$0.01
Peer Organizations

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