Civic Intelligence

Nebraska Christian College

990 • Fiscal year 2014 • EIN 47-0489031

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 14, 2014

12550 S 114th StPapillion, NE 68046

(402) 935-9415

Siviq Scores

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

Liabilities / Assets

65th percentile

0.42x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

83rd percentile

1.32x

Higher debt load relative to revenue than 83% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

26th percentile

-2.3%

Higher net margin than 26% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

14th percentile

$59,308

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

41st percentile

1.3%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Assets

Up

$12,332,471

Up $163,795 (+1.3%) from 2013

Net Assets

Down

$7,152,925

Down $73,855 (-1.0%) from 2013

Liabilities

Up

$5,179,546

Up $237,650 (+4.8%) from 2013

Revenue

Up

$3,932,919

Up $642,720 (+20%) from 2013

Expenses

Up

$4,023,950

Up $522,186 (+15%) from 2013

Net Income

Up

-$91,031

Up $120,534 (+57%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $10,790,654Liabilities 2010: $3,585,617Net Assets 2010: $7,205,0372010Assets 2011: $11,817,786Liabilities 2011: $4,123,462Net Assets 2011: $7,694,3242011Assets 2012: $12,458,090Liabilities 2012: $5,006,538Net Assets 2012: $7,451,5522012Assets 2013: $12,168,676Liabilities 2013: $4,941,896Net Assets 2013: $7,226,7802013Assets 2014: $12,332,471Liabilities 2014: $5,179,546Net Assets 2014: $7,152,9252014Assets 2015: $12,011,259Liabilities 2015: $5,321,591Net Assets 2015: $6,689,6682015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2014

Assets$12,332,471
Liabilities$5,179,546
Net Assets$7,152,925

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,709,6822010Expenses 2011: $2,717,0212011Expenses 2012: $3,216,5772012Revenue 2013: $3,290,199Expenses 2013: $3,501,764Net Income 2013: -$211,5652013Revenue 2014: $3,932,919Expenses 2014: $4,023,950Net Income 2014: -$91,0312014Revenue 2015: $3,617,951Expenses 2015: $4,035,100Net Income 2015: -$417,1492015Revenue 2016: $3,022,570Expenses 2016: $3,261,506Net Income 2016: -$238,9362016

Highlighted filing

2014

Revenue$3,932,919
Expenses$4,023,950
Net Income-$91,031
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$3,932,919
Mission and Program Overview

Mission

The mission of Nebraska Christian College is to bring glory to God through the ministry of educating people at the undergraduate level for His work. The school seeks to prepare workers who will know the Christ revealed in the Bible and be able to present Him to their contemporaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,978,288$10,715,094▼ $263,194
Savings and Temporary Cash Investments$953,185$1,403,540▲ $450,355
Cash and Non-Interest-Bearing Accounts$88,584$94,602▲ $6,018
Accounts Receivable$73,502$74,753▲ $1,251
Prepaid Expenses and Deferred Charges$1,255$18,581▲ $17,326
Pledges and Grants Receivable$58,945$10,587▼ $48,358
Total Assets$12,168,676$12,332,471▲ $163,795
Other Assets Total$14,917$15,314▲ $397
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,664,639$4,965,597▲ $300,958
Other Liabilities$156,687$114,556▼ $42,131
Accounts Payable and Accrued Expenses$120,570$99,393▼ $21,177
Total Liabilities$4,941,896$5,179,546▲ $237,650
Net Assets / Fund Balance
Unrestricted Net Assets$6,046,556$5,799,948▼ $246,608
Permanently Rstr Net Assets$925,597$1,116,070▲ $190,473
Temporarily Rstr Net Assets$254,627$236,907▼ $17,720
Total Net Assets Fund Balance$7,226,780$7,152,925▼ $73,855
Total Liabilities and Net Assets / Fund Balance$12,168,676$12,332,471▲ $163,795

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,659,942$1,402,098$9,062,040
Other Land Buildings$1,635,101$251,255$1,886,356
Land$1,204,139-$1,204,139
Equipment$215,912$546,688$762,600

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,026,154$190,473--$1,216,627
2013$698,669$327,485--$1,026,154
2012$646,471$44,275▲ $19,769-$698,669
2011$563,046$53,693▲ $49,594-$646,471
2010$549,280$14,849▲ $12,903-$563,046
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony ClarkCEOFT$56,260$3,048$59,308
Richard MillikenPresidentFT$49,845$5,878$55,723

Board Members and Trustees

NameTitle
Wayne MoorheadChairman
Steve SmithPash Chairman
Tony KafkaVice Chair
Bryan MyersDirector
Dirk ScatesDirector
Don RoweDirector
Josh SikesDirector
Justin RaulstonDirector
Ken CooperDirector
Lyle VonSpreckelsenDirector
Mary Beth FastDirector
Nathan PowellDirector
Paul WickenkampDirector
Ralph MehrensDirector
Roger CharleyDirector
Roger FletcherDirector
Susan BrownDirector
Vic CostonDirector
Christine ClausenSecretary
Virg MarshallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,446,523
Program Service Revenue
$1,638,442
Investment Income
$52,090
Other Revenue
$795,864
All Other Contributions
$1,016,426
Change in Net Assets
$-91,031

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,623,793
Revenue Not Reported on Financial Statements
$309,126
Revenue Not Reported on Form 990
$17,176
Other Revenue Adjustments
$309,126
Total Revenue per Audited Statements
$3,640,969
Total Revenue per Form 990
$3,932,919
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,987,237
Other Expenses$1,648,003
Total Fundraising Expense$507,815
Grants and Similar Amounts Paid$388,710
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$876,112$324,673$320,345$1,521,130
Grants to Domestic Individuals$388,710--$388,710
Depreciation Depletion$336,727--$336,727
Other Employee Benefits-$283,474-$283,474
Interest$225,675--$225,675
Occupancy$57,371$69,531-$126,902
Other Expenses$115,784$24,038$26,260$115,784
All Other Expenses$5,815$3,195$100,458$109,468
Current Officers, Directors, Trustees, and Key Employees-$82,548-$82,548
Travel$19,905$12,761$33,282$65,948
Payroll Taxes-$52,680-$52,680
Pension Plan Contributions-$47,405-$47,405
Information Technology-$38,577-$38,577
Conferences and Meetings$9,409$19,041$263$28,713
Advertising--$24,357$24,357
Insurance$4,618$18,541-$23,159
Fees for Services Accounting-$22,250-$22,250
Office Expenses$7,466$10,753$2,850$21,069
Total Functional Expenses$2,319,529$1,196,606$507,815$4,023,950

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,023,950
Expenses per Audited Statements$3,714,824
Total Expenses per Audited Statements$3,714,824
Expenses Not Reported on Financial Statements$309,126
Other Expense Adjustments$309,126
Expenses Not Reported on Form 990$0
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
Annuity contracts payable$105,333
Amounts held on behalf of others$9,223
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The tax return is reviewed by the College's Chief Operating Officer and President before filing.

Form 990, Part VI, Section C, line 19

Contact information is provided on the College website and in newsletters for obtaining information. Copies of these documents are made available upon request.

Filing and Contact Details

Filer

EIN
47-0489031
Phone
4029359415

Signing Officer

Name
Tony Clark
Title
President
Phone
4029359415
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Clark
Formed
1945
Legal Domicile
Ne
Voting Board Members
20
Independent Board Members
20
Employees
124
Volunteers
0

Preparer

Preparer
Kerry Gustafsson
Phone
4024799300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Actuarial value change 16,972.

Part XII, Line 2C

The Board of Directors oversee the audit process. This has not changed from prior years.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Actuarial value change 16,972.

Part XI, Line 4B - Other Adjustments:

Scholarships applied to tuition and fees 309,126.

Part XII, Line 4B - Other Adjustments:

Scholarships applied to tuition and fees 309,126.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
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