Civic Intelligence

Nebraska State Bar Foundation

990 • Fiscal year 2022 • EIN 47-6030023

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 21, 2023

635 S 14th Street PO Box 95103Lincoln, NE 68509

(402) 475-1042

Siviq Scores

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

Liabilities / Assets

36th percentile

0.05x

Higher debt load relative to assets than 36% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.76x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

19th percentile

-8.9%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-48%

Faster revenue growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$7,137,801

Down $1,124,567 (-14%) from 2021

Net Assets

Down

$6,777,284

Down $1,265,238 (-16%) from 2021

Liabilities

Up

$360,517

Up $140,671 (+64%) from 2021

Revenue

Down

$472,556

Down $431,804 (-48%) from 2021

Expenses

Up

$514,457

Up $32,427 (+6.7%) from 2021

Net Income

Down

-$41,901

Down $464,231 (-110%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $4,187,582Liabilities 2011: $310,713Net Assets 2011: $3,876,8692011Assets 2012: $4,829,107Liabilities 2012: $289,200Net Assets 2012: $4,539,9072012Assets 2013: $5,761,153Liabilities 2013: $271,427Net Assets 2013: $5,489,7262013Assets 2014: $5,822,539Liabilities 2014: $225,143Net Assets 2014: $5,597,3962014Assets 2015: $5,634,198Liabilities 2015: $220,698Net Assets 2015: $5,413,5002015Assets 2016: $5,698,880Liabilities 2016: $186,931Net Assets 2016: $5,511,9492016Assets 2017: $6,654,786Liabilities 2017: $170,881Net Assets 2017: $6,483,9052017Assets 2018: $6,259,324Liabilities 2018: $137,800Net Assets 2018: $6,121,5242018Assets 2019: $6,939,536Liabilities 2019: $116,283Net Assets 2019: $6,823,2532019Assets 2020: $7,575,436Liabilities 2020: $231,863Net Assets 2020: $7,343,5732020Assets 2021: $8,262,368Liabilities 2021: $219,846Net Assets 2021: $8,042,5222021Assets 2022: $7,137,801Liabilities 2022: $360,517Net Assets 2022: $6,777,2842022Assets 2023: $7,557,916Liabilities 2023: $334,530Net Assets 2023: $7,223,3862023Assets 2024: $7,932,757Liabilities 2024: $285,003Net Assets 2024: $7,647,7542024

Highlighted filing

2022

Assets$7,137,801
Liabilities$360,517
Net Assets$6,777,284

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,071,621Expenses 2011: $413,078Net Income 2011: $658,5432011Revenue 2012: $933,911Expenses 2012: $373,701Net Income 2012: $560,2102012Revenue 2013: $1,021,817Expenses 2013: $386,688Net Income 2013: $635,1292013Revenue 2014: $589,514Expenses 2014: $453,931Net Income 2014: $135,5832014Revenue 2015: $621,031Expenses 2015: $524,850Net Income 2015: $96,1812015Revenue 2016: $466,296Expenses 2016: $520,374Net Income 2016: -$54,0782016Revenue 2017: $1,301,590Expenses 2017: $452,067Net Income 2017: $849,5232017Revenue 2018: $618,358Expenses 2018: $475,725Net Income 2018: $142,6332018Revenue 2019: $536,743Expenses 2019: $502,558Net Income 2019: $34,1852019Revenue 2020: $391,018Expenses 2020: $440,348Net Income 2020: -$49,3302020Revenue 2021: $904,360Expenses 2021: $482,030Net Income 2021: $422,3302021Revenue 2022: $472,556Expenses 2022: $514,457Net Income 2022: -$41,9012022Revenue 2023: $403,526Expenses 2023: $611,587Net Income 2023: -$208,0612023Revenue 2024: $650,054Expenses 2024: $542,451Net Income 2024: $107,6032024

Highlighted filing

2022

Revenue$472,556
Expenses$514,457
Net Income-$41,901
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 21, 2023
Return Version
2022v5.0
Gross Receipts
$2,205,198
Mission and Program Overview

Mission

See schedule o to serve the citizens of nebraska and the legal profession through the administration and funding of innovative and creative programs directed toward the improvement of the administration of justice and the fulfillment of the american vision of equal justice for all

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,554,186$5,467,131▼ $1,087,055
Land, Buildings, and Equipment, Net$838,446$925,769▲ $87,323
Savings and Temporary Cash Investments$527,463$413,034▼ $114,429
Pledges and Grants Receivable$206,080$201,010▼ $5,070
Total Assets$8,262,368$7,137,801▼ $1,124,567
Other Assets Total$136,193$130,857▼ $5,336
Liabilities
Mortgage Notes Payable Secured by Investment Property$132,597$274,107▲ $141,510
Accounts Payable and Accrued Expenses$87,143$85,853▼ $1,290
Other Liabilities$106$557▲ $451
Total Liabilities$219,846$360,517▲ $140,671
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,935,625$4,121,565▼ $814,060
Net Assets Without Donor Restrictions$3,106,897$2,655,719▼ $451,178
Total Net Assets Fund Balance$8,042,522$6,777,284▼ $1,265,238
Total Liabilities and Net Assets / Fund Balance$8,262,368$7,137,801▼ $1,124,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$96,412$1,491,972$1,588,384
Leasehold Improvements$431,451$664,594$1,096,045
Land$397,906-$397,906
Other Land Buildings-$112,964$112,964
Equipment-$23,051$23,051

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$4,410,982$47,608▼ $412,219$75,125$3,971,246
2021$4,002,614$163,116▲ $309,719$64,467$4,410,982
2020$3,784,247$39,825▲ $267,214$88,672$4,002,614
2019$3,356,766$137,250▲ $373,122$82,891$3,784,247
2018$3,056,836$462,890▼ $110,238$52,722$3,356,766
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$177,930
Program Service Revenue
$32,325
Investment Income
$258,014
Other Revenue
$4,287
All Other Contributions
$177,930
Change in Net Assets
$-41,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$472,556
Revenue Not Reported on Form 990
$-975,750
Total Revenue per Audited Statements
$-503,194
Total Revenue per Form 990
$472,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$259,138
Salaries, Compensation, and Employee Benefits$225,319
Grants and Similar Amounts Paid$30,000
Total Fundraising Expense$2,601
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$181,409-$181,409
All Other Expenses$59,327$16,320$2,601$78,248
Grants to Domestic Orgs$30,000--$30,000
Other Expenses$27,697--$27,697
Office Expenses-$25,951-$25,951
Fees for Services Accounting-$15,775-$15,775
Other Employee Benefits-$15,429-$15,429
Pension Plan Contributions-$15,315-$15,315
Payroll Taxes-$13,166-$13,166
Travel-$4,426-$4,426
Fees for Services Legal-$3,714-$3,714
Fees for Services Other-$2,106-$2,106
Depreciation Depletion-$144-$144
Total Functional Expenses$218,101$293,755$2,601$514,457

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$762,044
Expenses per Audited Statements$514,457
Total Expenses per Form 990$514,457
Expenses Not Reported on Form 990$247,587
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ne State Bar AssnLincoln, NE501c6Cle Programs-
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
Income Tax Payable$557
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

The return is reviewed by some, but not all, directors/officers before it is filed.

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

The foundation's board of directors is supplied by staff with potential conflicts of interest on an ongoing basis, and these are reviewed during the semi-annual board of director's meetings.

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

Annual review by board of directors

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

Not applicable - no other officers or key employees compensated

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Nebraska State Bar Foundation
EIN
47-6030023
Phone
4024751042
Address
635 S 14TH STREET PO BOX 95103, LINCOLN, NE 68509

Signing Officer

Name
Doris J Huffman
Title
Exec Director
Phone
4024751042
Signed
2023-06-21

Organization Details

Principal Officer
Steven Seglin
Voting Board Members
32
Independent Board Members
32
Employees
5
Volunteers
450

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

See schedule o to serve the citizens of nebraska and the legal profession through the administration and funding of innovative and creative programs directed toward the improvement of the administration of justice and the fulfillment of the american vision of equal justice for all

Form 990, Part IX, Line 24E

Trial institute 23,380 0 0 endowment fund admin 21,935 0 0 fellows publicity 8,725 0 0 other professional fees 0 8,674 0 miscellaneous expense 1,693 2,384 0 insurance / bonding 0 3,957 0 awards committee 2,884 0 0 fundraising expense 0 0 2,601 dues and subscriptions 0 720 0 pledge write off 710 0 0 state income tax 0 585 0 total 59,327 16,320 2,601

Form 990, Part XI, Line 9

Rental expenses shown in part viii form 990 281,403 investment fees netted against investment income -33,816 rental expenses shown in part viii form 990 -281,403 inv fees netted against investment income 33,816

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Rental expenses shown in part viii form 990 281,403 investment fees netted against investment income -33,816

Schedule D, Page 4, Part XII, Line 2D

Rental expenses shown in part viii form 990 281,403 inv fees netted against investment income -33,816

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IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDE
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.93$0.29$7.65$0.65$0.54$0.11
2023Detailed filing. Detailed filing data is available for this year.$7.56$0.33$7.22$0.40$0.61$0.21
2022Detailed filing. Detailed filing data is available for this year.$7.14$0.36$6.78$0.47$0.51$0.04
2021Detailed filing. Detailed filing data is available for this year.$8.26$0.22$8.04$0.90$0.48$0.42
2020Detailed filing. Detailed filing data is available for this year.$7.58$0.23$7.34$0.39$0.44$0.05
2019Detailed filing. Detailed filing data is available for this year.$6.94$0.12$6.82$0.54$0.50$0.03
2018Detailed filing. Detailed filing data is available for this year.$6.26$0.14$6.12$0.62$0.48$0.14
2017Detailed filing. Detailed filing data is available for this year.$6.65$0.17$6.48$1.30$0.45$0.85
2016Detailed filing. Detailed filing data is available for this year.$5.70$0.19$5.51$0.47$0.52$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.63$0.22$5.41$0.62$0.52$0.10
2014Detailed filing. Detailed filing data is available for this year.$5.82$0.23$5.60$0.59$0.45$0.14
2013Summary only. Only limited summary data is available for this year.$5.76$0.27$5.49$1.02$0.39$0.64
2012Summary only. Only limited summary data is available for this year.$4.83$0.29$4.54$0.93$0.37$0.56
2011Summary only. Only limited summary data is available for this year.$4.19$0.31$3.88$1.07$0.41$0.66