Civic Intelligence

Foundry Community Foundation

990 • Fiscal year 2018 • EIN 47-1812040

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 22, 2019

211 N 14th StreetLincoln, NE 68508

(402) 434-8540

Siviq Scores

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

Liabilities / Assets

97th percentile

1.68x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

1.16x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$490,333

Up $48,844 (+11%) from 2017

Net Assets

Down

-$335,310

Down $193,628 (-137%) from 2017

Liabilities

Up

$825,643

Up $242,472 (+42%) from 2017

Revenue

Up

$711,731

Up $69,686 (+11%) from 2017

Expenses

Up

$904,199

Up $239,150 (+36%) from 2017

Net Income

Down

-$192,468

Down $169,464 (-737%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2014: $23,208Liabilities 2014: $809Net Assets 2014: $22,3992014Assets 2015: $281,132Liabilities 2015: $300,209Net Assets 2015: -$19,0772015Assets 2016: $260,681Liabilities 2016: $382,083Net Assets 2016: -$121,4022016Assets 2017: $441,489Liabilities 2017: $583,171Net Assets 2017: -$141,6822017Assets 2018: $490,333Liabilities 2018: $825,643Net Assets 2018: -$335,3102018Assets 2019: $440,269Liabilities 2019: $1,123,502Net Assets 2019: -$683,2332019Assets 2020: $401,070Liabilities 2020: $1,231,324Net Assets 2020: -$830,2542020Assets 2021: $1,331,953Liabilities 2021: $1,165,415Net Assets 2021: $166,5382021Assets 2022: $1,268,445Liabilities 2022: $351,162Net Assets 2022: $917,2832022Assets 2023: $1,252,600Liabilities 2023: $336,840Net Assets 2023: $915,7602023Assets 2024: $1,154,769Liabilities 2024: $290,473Net Assets 2024: $864,2962024

Highlighted filing

2018

Assets$490,333
Liabilities$825,643
Net Assets-$335,310

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $35,000Expenses 2014: $12,601Net Income 2014: $22,3992014Revenue 2015: $504,773Expenses 2015: $546,248Net Income 2015: -$41,4752015Revenue 2016: $522,249Expenses 2016: $623,005Net Income 2016: -$100,7562016Revenue 2017: $642,045Expenses 2017: $665,049Net Income 2017: -$23,0042017Revenue 2018: $711,731Expenses 2018: $904,199Net Income 2018: -$192,4682018Revenue 2019: $861,604Expenses 2019: $1,209,749Net Income 2019: -$348,1452019Revenue 2020: $473,449Expenses 2020: $619,393Net Income 2020: -$145,9442020Revenue 2021: $1,232,288Expenses 2021: $236,858Net Income 2021: $995,4302021Revenue 2022: $1,158,134Expenses 2022: $409,842Net Income 2022: $748,2922022Revenue 2023: $607,956Expenses 2023: $609,505Net Income 2023: -$1,5492023Revenue 2024: $955,906Expenses 2024: $1,007,370Net Income 2024: -$51,4642024

Highlighted filing

2018

Revenue$711,731
Expenses$904,199
Net Income-$192,468
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 22, 2019
Return Version
2018v3.1
Gross Receipts
$711,731
Mission and Program Overview

Mission

Nonprofit Hub is a collaborative workspace in downtown Lincoln. The facility offers a ready-to-work environment that addresses varying productivity needs of our nonprofit community and those socially minded businesses. Provides networking, magazine, blog, webinar, classes

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$211,681$404,517▲ $192,836
Cash and Non-Interest-Bearing Accounts$220,477$44,330▼ $176,147
Other Notes and Loans Receivable, Net-$18,781-
Inventories for Sale or Use-$17,385-
Accounts Receivable$9,331$5,320▼ $4,011
Rtn Earn Endowment Incm Other Fnds$-141,682$-335,310▼ $193,628
Total Assets$441,489$490,333▲ $48,844
Liabilities
Unsecured Notes Loans Payable$309,587$489,861▲ $180,274
Accounts Payable and Accrued Expenses$273,584$335,782▲ $62,198
Total Liabilities$583,171$825,643▲ $242,472
Net Assets / Fund Balance
Total Net Assets Fund Balance$-141,682$-335,310▼ $193,628
Total Liabilities and Net Assets / Fund Balance$441,489$490,333▲ $48,844

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$174,267$26,458-
Equipment$91,631$44,718-
Leasehold Improvements$138,619$48,936-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jay WilkinsonBoard Chair
Amanda BarkerVice-Chair & Treasurer
Bryan SeckDirector
Jared CarlsonDirector
Jasmine KingsleyDirector
Maggie StuckeyDirector
Tullen MabbuttDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$254,509
Program Service Revenue
$399,207
Investment Income
$0
Other Revenue
$58,015
All Other Contributions
$254,509
Change in Net Assets
$-192,468
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$530,109
Salaries, Compensation, and Employee Benefits$374,090
Total Fundraising Expense$5,671
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$280,013$94,077-$374,090
Occupancy$228,871$9,038-$237,909
Depreciation Depletion$31,104$3,143-$34,247
Other Expenses$28,608$2,006$4,968$28,608
Interest$16,292--$16,292
Information Technology-$13,979-$13,979
Advertising$13,579--$13,579
Insurance-$2,380-$2,380
Office Expenses$2,035--$2,035
Fees for Services Other$105$988-$1,093
Fees for Services Accounting-$1,050-$1,050
Travel--$703$703
Total Functional Expenses$771,867$126,661$5,671$904,199
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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 governing body review Part VI line 11

The governing body has reviewed the form 990 before submission.

Conflict of interest policy compliance Part VI line 12C

The governing body reviewed all activity and requires each member to submit a Conflict of Interest Statement.

CEO executive director top management comp Part VI line 15A

The top management officials are not employees of the Foundation and do not receive a salary or any compensation.

Other officer or key employee compensation Part VI line 15B

No compensation is paid to any of the other officers or key employees from the Foundation.

Governing documents etc available to public Part VI line 19

The Governing Documents are available for review by the public on request.

Filing and Contact Details

Filer

Filer Name
Nonprofit Hub Foundation
EIN
47-1812040
Address
211 N 14th Street, Lincoln, NE 68508

Signing Officer

Name
Jay Wilkinson
Title
Board Chair
Phone
4024348540
Signed
2019-09-22
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
6
Employees
19
Volunteers
30

Preparer

Firm
Buck Reinke and Associates LLC
Address
4745 Prescott STE 206, Lincoln, NE 68506
Preparer
Paul Selivanoff
Phone
4024883823
Supplemental Narrative

Additional Explanations

Unrelated business income explanation Part V line 3B

The entity opened a coffee shop with liquor license on the first floor to provide a social space for community

Explanation of other changes in net assets or fund balances Part XI line 9

prior period adj

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Nonprofit Hub Foundation meets the facts and circumstances test of Section 1.170A-9(f)3 under the following conditions:a)Public support is 16% thus receiving a substantial portion of its support from the public, which is a combination of individuals and corporate entities in the Lincoln community. The mission of the Non Profit Hub is to act as an incubator and nurturer of non profit entrepreneurialism in the Greater Lincoln area. Consequently, its primary focus is social and cause minded individuals and corporations with a social justice culture. It has maintained a consistent level of public support over the years and is well known in its target community. b)The organization maintains a continuous presence in the community for fundraising, both to its own needs and to the larger community. It acts as a matchmaker between donors and start up or existing non profits with funding needsso funds do not pass through its books-but directly between entitiesthis benefit is not captured in the financial statements. Were this benefit captured it would significantly increase the public support percentc)The board consists of 7 members, 6 are outside the entity, and are also well known in the non profit community of the greater Lincoln area. This provides the entity with an ongoing connection to its beneficiaries. d)Its facilities and resources are made continuously available to the non profit community. Hosted space can be reserved for board meetings, business planning meetings, training sessions or any other activity of any non profit within the city. In addition to space, it operates a popular web site containing resources for nonprofits, maintains a social media presence providing awareness of resources to the national non profit community, offers training in non profit leadership and also provides consulting/management to start up non profits to assure their survival and success. It engages with local and national leaders to facilitate its education and best practice research programs. This information, and more is published ini an online magazine that is subscribed to by non profits nati
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc010 Facts and Circumstances Test Part II line 17a or 17b
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0108492
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0215790
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0191215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0308676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0859173
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.16370
IRS990ScheduleA/PublicSupportPY170Pct00.22560
IRS990ScheduleA/PublicSupportTotal170Amt0140649
IRS990ScheduleA/SubstantialContributorsTotAmt0718524
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0108492
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0215790
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0191215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0308676
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt035000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0859173
IRS990ScheduleA/TotalSupportAmt0859173
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0174267
IRS990ScheduleD/BuildingsGrp/DepreciationAmt026458
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0200725
IRS990ScheduleD/EquipmentGrp/BookValueAmt091631
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044718
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0136349
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0138619
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt048936
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0187555
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0404517
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt00
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The entity opened a coffee shop with liquor license on the first floor to provide a social space for community
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body has reviewed the form 990 before submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing body reviewed all activity and requires each member to submit a Conflict of Interest Statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The top management officials are not employees of the Foundation and do not receive a salary or any compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No compensation is paid to any of the other officers or key employees from the Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Governing Documents are available for review by the public on request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6prior period adj
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Unrelated business income explanation Part V line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Firespring Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0510407787
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Provide Training and Support to non profit organizations
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Firespring Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01201 Infinity Ct
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Lincoln
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd068512
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NE
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0490333
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IRS990/TotalAssetsGrp/EOYAmt0490333
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0254509
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05671
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126661
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0771867
IRS990/TotalFunctionalExpensesGrp/TotalAmt0904199
IRS990/TotalGrossUBIAmt058015
IRS990/TotalLiabilitiesBOYAmt0583171
IRS990/TotalLiabilitiesEOYAmt0825643
IRS990/TotalLiabilitiesGrp/BOYAmt0583171
IRS990/TotalLiabilitiesGrp/EOYAmt0825643
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-141682
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-335310
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0771867
IRS990/TotalProgramServiceRevenueAmt0399207
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0399207
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0711731
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt058015
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0441489
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0490333
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0703
IRS990/TravelGrp/TotalAmt0703
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0309587
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0489861
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0lincoln.nonprofithub.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jay Wilkinson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum04024348540
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Nonprofit Hub Foundation
ReturnHeader/Filer/BusinessNameControlTxt0NONP
ReturnHeader/Filer/EIN0471812040
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 N 14th Street
ReturnHeader/Filer/USAddress/CityNm0Lincoln
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068508
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId055F3F3ACD714A8B7E1FDAA2AE109E070E46951E6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId055F3F3ACD714A8B7E1FDAA2AE109E070E46951E6
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId04705782019274ixcf21u
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-10-01
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.171.140.17
ReturnHeader/FilingSecurityInformation/IPDt02019-10-01
ReturnHeader/FilingSecurityInformation/IPTm019:34:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204756296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Buck Reinke and Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04745 Prescott STE 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lincoln
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE

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