23 Preservation Foundation

Fairbury, NE
Tax-exempt since March 1997
EIN: 47-0800212

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Recreation, Sports, Leisure, Athletics / Community Recreational Centers (NTEE)

Donations to this organization are tax deductible.

Revenue

$51.8k (2025)

Expenses

$103k (2025)

Total Assets

$719k (2025)

Total Liabilities

$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending May
2025

Revenue

$51,793

Expenses

$102,840

Net Income

-$51,047

Net Assets

$719,234

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6	0.0%
Dividends	$33,621	64.9%
Sales of Assets	$18,166	35.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$87,250	84.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$719,234
Total Liabilities	$0
Net Assets	$719,234

Compensation

Key Employees and Officers	Compensation	Other
Lila Thomas (President)	$0	$0
Mary Kay Bedlan (Vice President)	$0	$0
Jennipher Barber (Secretary Treasurer)	$0	$0
Matt Edson (Trustee)	$0	$0
Shirley Fox (Trustee)	$0	$0
Jeff Meyer (Trustee)	$0	$0
Maxine Schoenrock (Trustee)	$0	$0
Mary Stepp (Trustee)	$0	$0
Jed Martin (Trustee)	$0	$0

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990-PF

Filed on July 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending May
2024

Revenue

$23,641

Expenses

$49,267

Net Income

-$25,626

Net Assets

$770,281

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100	0.4%
Interest Revenue	$3	0.0%
Dividends	$17,122	72.4%
Sales of Assets	$6,416	27.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,250	69.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$770,281
Total Liabilities	$0
Net Assets	$770,281

Compensation

Key Employees and Officers	Compensation	Other
Lila Thomas (President)	$0	$0
Mary Kay Bedlan (Vice President)	$0	$0
Jennipher Barber (Secretary Treasurer)	$0	$0
Matt Edson (Trustee)	$0	$0
Shirley Fox (Trustee)	$0	$0
Jeff Meyer (Trustee)	$0	$0
Maxine Schoenrock (Trustee)	$0	$0
Mary Stepp (Trustee)	$0	$0

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990-PF

Filed on Aug. 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending May
2023

Revenue

$27,472

Expenses

$44,235

Net Income

-$16,763

Net Assets

$795,907

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$400	1.5%
Interest Revenue	$2	0.0%
Dividends	$13,304	48.4%
Sales of Assets	$13,766	50.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,000	65.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$795,907
Total Liabilities	$0
Net Assets	$795,907

Compensation

Key Employees and Officers	Compensation	Other
Lila Thomas (President)	$0	$0
Barry Schwab (Vice President)	$0	$0
Mary Kay Bedlan (Secretary)	$0	$0
Jennipher Barber (Treasurer)	$0	$0

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990-PF

Filed on Sept. 1, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending May
2022

Revenue

$36,679

Expenses

$32,023

Net Income

$4,656

Net Assets

$812,670

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,474	6.7%
Interest Revenue	$0
Dividends	$11,898	32.4%
Sales of Assets	$22,307	60.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,500	51.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$812,670
Total Liabilities	$0
Net Assets	$812,670

Compensation

Key Employees and Officers	Compensation	Other
Lila Thomas (President)	$0	$0
Barry Schwab (Vice President)	$0	$0
Mary Kay Bedlan (Secretary)	$0	$0
Jennipher Barber (Treasurer)	$0	$0

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990-PF

Filed on July 21, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending May
2021

Revenue

$29,442

Expenses

$71,343

Net Income

-$41,901

Net Assets

$808,013

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$813	2.8%
Interest Revenue	$0
Dividends	$12,376	42.0%
Sales of Assets	$16,253	55.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$55,000	77.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$808,014
Total Liabilities	$1
Net Assets	$808,013

Compensation

Key Employees and Officers	Compensation	Other
Lila Thomas (President)	$0	$0
Barry Schwab (Vice President)	$0	$0
Mary Kay Bedlan (Secretary)	$0	$0
Jennipher Barber (Treasurer)	$0	$0

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990-PF

Filed on July 16, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending May
2020

Revenue

$27,135

Expenses

$41,996

Net Income

-$14,861

Net Assets

$849,914

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,415	5.2%
Interest Revenue	$0
Dividends	$13,699	50.5%
Sales of Assets	$12,021	44.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,000	59.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$849,915
Total Liabilities	$1
Net Assets	$849,914

Compensation

Key Employees and Officers	Compensation	Other
Lila Thomas (President)	$0	$0
Barry Schwab (Vice President)	$0	$0
Mary Kay Bedlan (Secretary)	$0	$0
Jennipher Barber (Treasurer)	$0	$0

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990-PF

Filed on Oct. 1, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending May
2019

Revenue

$15,784

Expenses

$26,109

Net Income

-$10,325

Net Assets

$864,776

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,430	21.7%
Interest Revenue	$0
Dividends	$12,354	78.3%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,886	45.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$864,776
Total Liabilities	$0
Net Assets	$864,776

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending May
2018

Revenue

$23,816

Expenses

$21,723

Net Income

$2,093

Net Assets

$871,336

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$250	1.0%
Program Services	$0
Investment Income	$23,566	99.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$871,336
Total Liabilities	$0
Net Assets	$871,336

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending May
2017

Revenue

$13,877

Expenses

$22,635

Net Income

-$8,758

Net Assets

$862,403

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,315	16.7%
Program Services	$11,562	83.3%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$862,403
Total Liabilities	$0
Net Assets	$862,403

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2016

Revenue

$2,399

Expenses

$22,081

Net Income

-$19,682

Net Assets

$864,549

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,456	60.7%
Program Services	$0
Investment Income	$943	39.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$864,549
Total Liabilities	$0
Net Assets	$864,549

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending May
2015

Revenue

$4,857

Expenses

$20,879

Net Income

-$16,022

Net Assets

$884,231

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,900	80.3%
Program Services	$0
Investment Income	$957	19.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$884,231
Total Liabilities	$0
Net Assets	$884,231

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2014

Revenue

$4,082

Expenses

$20,538

Net Income

-$16,456

Net Assets

$900,253

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,930	71.8%
Program Services	$0
Investment Income	$1,152	28.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$900,253
Total Liabilities	$0
Net Assets	$900,253

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2013

Revenue

$4,136

Expenses

$22,662

Net Income

-$18,526

Net Assets

$916,709

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,030	49.1%
Program Services	$0
Investment Income	$2,106	50.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$916,709
Total Liabilities	$0
Net Assets	$916,709

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2012

Revenue

$10,905

Expenses

$27,087

Net Income

-$16,182

Net Assets

$935,235

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,320	58.0%
Program Services	$0
Investment Income	$4,585	42.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$935,235
Total Liabilities	$0
Net Assets	$935,235

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2011

Revenue

$10,132

Expenses

$25,510

Net Income

-$15,378

Net Assets

$951,417

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$690	6.8%
Program Services	$0
Investment Income	$9,372	92.5%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$70	0.7%

Assets/Debt
Total Assets	$951,417
Total Liabilities	$0
Net Assets	$951,417

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending May
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

Fiscal Year Ending May
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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23 Preservation Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $51.8k (2025)

Expenses $103k (2025)

Total Assets $719k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending May 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending May 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending May 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending May 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending May 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending May 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending May 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending May 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending May 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending May 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending May 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending May 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending May 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$51.8k (2025)

Expenses

$103k (2025)

Total Assets

$719k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending May
2025

Fiscal Year Ending May
2024

Fiscal Year Ending May
2023

Fiscal Year Ending May
2022

Fiscal Year Ending May
2021

Fiscal Year Ending May
2020

Fiscal Year Ending May
2019

Fiscal Year Ending May
2018

Fiscal Year Ending May
2017

Fiscal Year Ending May
2016

Fiscal Year Ending May
2015

Fiscal Year Ending May
2014

Fiscal Year Ending May
2013

Fiscal Year Ending May
2012

Fiscal Year Ending May
2011

Fiscal Year Ending May
2010

Fiscal Year Ending May
2009

Fiscal Year Ending May
2008

Fiscal Year Ending May
2007

Fiscal Year Ending May
2006

Fiscal Year Ending May
2005

Fiscal Year Ending May
2004

Fiscal Year Ending May
2003

Fiscal Year Ending May
2002

Fiscal Year Ending May
2001

Fiscal Year Ending May
2000

Fiscal Year Ending May
1999

Fiscal Year Ending May
1998