Childrens Scholarship Fund Of Omaha

Omaha, NE
Tax-exempt since Aug. 1999
EIN: 47-0822724

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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: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Revenue

$1.83M (2023)

Expenses

$2.95M (2023)

Total Assets

$1.69M (2023)

Total Liabilities

$10.5k (2023)

Source: Form 990 tax filings from 2011 to 2023

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 June
2023

Revenue

$1,832,640

Expenses

$2,951,325

Net Income

-$1,118,685

Net Assets

$1,677,508

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,818,393	99.2%
Program Services	$0
Investment Income	$23,359	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$11,920
Sales of Assets	$2,808	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$183,175	6.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$190,501	6.5%

Assets/Debt
Total Assets	$1,688,004
Total Liabilities	$10,496
Net Assets	$1,677,508

Compensation

Key Employees and Officers	Compensation	Related	Other
Joel Long (Executive Director)	$141,041	$0	$46,447
Shaun Mcgaughey (Chair, Pres., Sec.)	$0	$0	$0
Steve Kenney (Treasurer)	$0	$0	$0
Dr Kenneth Bird (Director)	$0	$0	$0
David Cota (Director)	$0	$0	$0
Patrick Duffy (Director)	$0	$0	$0
Craig Mcgarry (Director)	$0	$0	$0
Donald Neal (Director)	$0	$0	$0
Eric Oxley (Director)	$0	$0	$0
Robert A Reed Jr (Director)	$0	$0	$0
Peter Schropp (Director)	$0	$0	$0
Jim Sutfin (Director)	$0	$0	$0
Lequisha Turner (Director)	$0	$0	$0
Karen Van Dyke (Director)	$0	$0	$0
Wendy Wiseman (Director)	$0	$0	$0

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990

Filed on April 24, 2024

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Fiscal Year Ending June
2022

Revenue

$2,721,989

Expenses

$2,718,141

Net Income

$3,848

Net Assets

$2,726,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,717,450	99.8%
Program Services	$0
Investment Income	$26,488	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$21,876
Sales of Assets	-$73
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$142,166	5.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$154,600	5.7%

Assets/Debt
Total Assets	$2,728,563
Total Liabilities	$2,290
Net Assets	$2,726,273

Compensation

Key Employees and Officers	Compensation	Related	Other
Joel Long (Executive Director)	$136,250	$0	$4,087
Steve Kenney (Treasurer)	$0	$0	$0
Shaun Mcgaughey (Chair, Pres., Sec.)	$0	$0	$0
Dr Kenneth Bird (Director)	$0	$0	$0
Sterling Brown (Director)	$0	$0	$0
David Cota (Director)	$0	$0	$0
Patrick Duffy (Director)	$0	$0	$0
Collette Lozier (Director)	$0	$0	$0
Craig Mcgarry (Director)	$0	$0	$0
Donald Neal (Director (Eff. Oct 2021))	$0	$0	$0
Robert A Reed Jr (Director)	$0	$0	$0
Jim Sutfin (Director)	$0	$0	$0

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990

Filed on May 12, 2023

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Fiscal Year Ending June
2021

Revenue

$2,351,847

Expenses

$2,665,009

Net Income

-$313,162

Net Assets

$2,888,397

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,361,790	> 100%
Program Services	$0
Investment Income	$18,349	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$28,370
Sales of Assets	$78	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$142,334	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$151,884	5.7%

Assets/Debt
Total Assets	$2,892,431
Total Liabilities	$4,034
Net Assets	$2,888,397

Compensation

Key Employees and Officers	Compensation	Related	Other
Joel Long (Executive Director)	$138,188	$0	$4,146
Steve Kenney (Treasurer)	$0	$0	$0
Shaun Mcgaughey (Chair, Pres., Sec.)	$0	$0	$0
Dr Kenneth Bird (Director)	$0	$0	$0
Sterling Brown (Director)	$0	$0	$0
David Cota (Director)	$0	$0	$0
Patrick Duffy (Director)	$0	$0	$0
Michael Flood (Director (Until Dec 2020))	$0	$0	$0
Karen Goracke (Director)	$0	$0	$0
Collette Lozier (Director)	$0	$0	$0
Craig Mcgarry (Director (Eff. Jan 2021))	$0	$0	$0
Robert A Reed Jr (Director)	$0	$0	$0
Jim Sutfin (Director)	$0	$0	$0

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990

Filed on Feb. 28, 2022

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Fiscal Year Ending June
2020

Revenue

$4,048,989

Expenses

$3,099,070

Net Income

$949,919

Net Assets

$2,993,764

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,035,033	99.7%
Program Services	$0
Investment Income	$14,874	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$3,081
Sales of Assets	$2,163	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$139,050	4.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$144,229	4.7%

Assets/Debt
Total Assets	$3,297,873
Total Liabilities	$304,109
Net Assets	$2,993,764

Compensation

Key Employees and Officers	Compensation	Related	Other
Joel Long (Executive Director)	$126,234	$0	$9,597
Michael Flood (President)	$0	$0	$0
Steve Kenney (Treasurer)	$0	$0	$0
Shaun Mcgaughey (Vice President, Secretary)	$0	$0	$0
Dr Kenneth Bird (Director)	$0	$0	$0
Sterling Brown (Director)	$0	$0	$0
David Cota (Director)	$0	$0	$0
Patrick Duffy (Director)	$0	$0	$0
Karen Goracke (Director)	$0	$0	$0
Terry Kroeger (Director)	$0	$0	$0
Collette Lozier (Director)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
Robert A Reed Jr (Director)	$0	$0	$0
Jim Sutfin (Director)	$0	$0	$0

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990

Filed on Jan. 26, 2021

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Fiscal Year Ending June
2019

Revenue

$2,595,174

Expenses

$3,061,695

Net Income

-$466,521

Net Assets

$2,018,970

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,594,436	100.0%
Program Services	$0
Investment Income	$21,696	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$22,101
Sales of Assets	$1,143	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$125,000	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$144,535	4.7%

Assets/Debt
Total Assets	$2,019,836
Total Liabilities	$866
Net Assets	$2,018,970

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Joel Long (Executive Director)	$120,602	$0	$10,079
Dr Ken Bird (Director)	$0	$0	$0
Karen Goracke (Director)	$0	$0	$0
Steve Kenney (Treasurer)	$0	$0	$0
Terry Kroeger (Director)	$0	$0	$0
Michael Flood (Chairman)	$0	$0	$0
Shaun Mcgaughey (Secretary)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
David Scott (Director)	$0	$0	$0
Patrick Duffy (Director)	$0	$0	$0
David Cota (Director)	$0	$0	$0

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990

Filed on Jan. 23, 2020

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Fiscal Year Ending June
2018

Revenue

$1,481,881

Expenses

$2,965,766

Net Income

-$1,483,885

Net Assets

$2,458,942

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,461,567	98.6%
Program Services	$0
Investment Income	$20,231	1.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$36,437
Sales of Assets	$36,520	2.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$125,000	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$126,830	4.3%

Assets/Debt
Total Assets	$2,983,547
Total Liabilities	$524,605
Net Assets	$2,458,942

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Joel Long (Executive Director)	$121,250	$0	$30,644
S Mickey Anderson (Director)	$0	$0	$0
Dr Ken Bird (Director)	$0	$0	$0
Karen Goracke (Director)	$0	$0	$0
Steve Kenney (Treasurer)	$0	$0	$0
Terry Kroeger (Director)	$0	$0	$0
Michael Flood (Director)	$0	$0	$0
Shaun Mcgaughey (Secretary)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
Alison O'neill (Chairman)	$0	$0	$0
Jeff Schmid (Director)	$0	$0	$0
David Scott (Director)	$0	$0	$0
Patrick Duffy (Director)	$0	$0	$0

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990

Filed on Jan. 24, 2019

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Fiscal Year Ending June
2017

Revenue

$4,069,225

Expenses

$3,178,929

Net Income

$890,296

Net Assets

$3,899,258

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,080,921	> 100%
Program Services	$0
Investment Income	$17,700	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$28,825
Sales of Assets	-$571
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$164,501	5.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$148,534	4.7%

Assets/Debt
Total Assets	$4,259,148
Total Liabilities	$359,890
Net Assets	$3,899,258

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Sandra Reding (Former Executive Director)	$161,177	$0	$3,323
Joel Long (Executive Director)	$19,712	$0	$1,168
S Mickey Anderson (Director)	$0	$0	$0
Dr Ken Bird (Director)	$0	$0	$0
Jeff Schmid (Director)	$0	$0	$0
David Scott (Director)	$0	$0	$0
Steve Kenney (Treasurer)	$0	$0	$0
Dr Mary Reckmeyer (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
Dianne Desler (Director)	$0	$0	$0
Terry Kroeger (Chairman)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
Ron Metschke (Director)	$0	$0	$0
Alison O'neill (Vice Chair)	$0	$0	$0
Shaun Mcgaughey (Secretary)	$0	$0	$0
Michael Flood (Director)	$0	$0	$0

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990

Filed on Jan. 11, 2018

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Fiscal Year Ending June
2016

Revenue

$2,409,552

Expenses

$3,065,321

Net Income

-$655,769

Net Assets

$2,947,715

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,399,313	99.6%
Program Services	$0
Investment Income	$19,480	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$8,966
Sales of Assets	-$275
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$214,924	7.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$115,466	3.8%

Assets/Debt
Total Assets	$3,280,919
Total Liabilities	$333,204
Net Assets	$2,947,715

Compensation

Key Employees and Officers	Compensation	Related	Other
Sandra Reding (Executive Director)	$209,316	$0	$5,608
S Mickey Anderson (Director)	$0	$0	$0
Ken Bird (Director)	$0	$0	$0
Jeff Schmid (Director)	$0	$0	$0
David Scott (Director)	$0	$0	$0
Steve Kenney (Director)	$0	$0	$0
Mary Reckmeyer (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
Dianne Desler (Secretary)	$0	$0	$0
Terry Kroeger (Chairman)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
Ron Metschke (Director)	$0	$0	$0
Allison O'neill (Vice Chairman)	$0	$0	$0
Shaun Mcgaughey (Director)	$0	$0	$0
Michael Flood (Director)	$0	$0	$0

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990

Filed on Feb. 9, 2017

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Fiscal Year Ending June
2015

Revenue

$4,129,764

Expenses

$495,505

Net Income

$3,634,259

Net Assets

$3,638,419

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,091,253	99.1%
Program Services	$0
Investment Income	$12,333	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$26,178	0.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$5,500	1.1%
Other Salaries and Wages	$278,025	56.1%

Assets/Debt
Total Assets	$3,649,039
Total Liabilities	$10,620
Net Assets	$3,638,419

Compensation

Key Employees and Officers	Compensation	Related	Other
Sandra Reding (Executive Director)	$183,058	$0	$2,519
S Mickey Anderson (Chairman)	$0	$0	$0
James Arts (Secretary)	$0	$0	$0
Ken Bird (Director)	$0	$0	$0
Jeff Schmid (Director)	$0	$0	$0
David Scott (Director)	$0	$0	$0
Craig Mcgarry (Director)	$0	$0	$0
Mary Reckmeyer (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
Dianne Desler (Director)	$0	$0	$0
Terry Kroeger (Vice Chairman)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
Ron Metschke (Director)	$0	$0	$0
Allison O'neill (Director)	$0	$0	$0
Elaine Wilwerding (Director)	$0	$0	$0

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990

Filed on Jan. 26, 2016

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Fiscal Year Ending June
2014

Revenue

$852,087

Expenses

$2,455,605

Net Income

-$1,603,518

Net Assets

$18,680

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$838,226	98.4%
Program Services	$0
Investment Income	$13,861	1.6%
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	$233,416	9.5%

Assets/Debt
Total Assets	$2,127,025
Total Liabilities	$2,108,345
Net Assets	$18,680

Compensation

Key Employees and Officers	Compensation	Related	Other
Ron Beran (Director)	$0	$0	$0
S Mickey Anderson (Chairman)	$0	$0	$0
James Arts (Secretary)	$0	$0	$0
Ken Bird (Director)	$0	$0	$0
Jeff Schmid (Director)	$0	$0	$0
David Scott (Director)	$0	$0	$0
Craig Mcgarry (Director)	$0	$0	$0
Mary Reckmeyer (Director)	$0	$0	$0
William Naidenovich (Director)	$0	$0	$0
Dianne Desler (Treasurer)	$0	$0	$0
Terry Kroeger (Vice Chairma)	$0	$0	$0
Steve Martin (Director)	$0	$0	$0
Ron Metschke (Director)	$0	$0	$0
Allison O'neil (Director)	$0	$0	$0

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990

Filed on Nov. 20, 2014

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Fiscal Year Ending June
2013

Revenue

$2,888,916

Expenses

$2,154,282

Net Income

$734,634

Net Assets

$1,557,908

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,891,727	> 100%
Program Services	$0
Investment Income	$8,541	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$13,753
Sales of Assets	$2,401	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$186,439	8.7%

Assets/Debt
Total Assets	$3,698,938
Total Liabilities	$2,141,030
Net Assets	$1,557,908

990

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

PDF

Fiscal Year Ending Aug.
2012

Revenue

$3,194,826

Expenses

$2,549,659

Net Income

$645,167

Net Assets

$769,897

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,213,580	> 100%
Program Services	$0
Investment Income	$12,707	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$31,310
Sales of Assets	-$151
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$229,193	9.0%

Assets/Debt
Total Assets	$2,861,831
Total Liabilities	$2,091,934
Net Assets	$769,897

990

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

PDF

Fiscal Year Ending Aug.
2011

Revenue

$1,570,550

Expenses

$1,842,573

Net Income

-$272,023

Net Assets

$94,131

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,520,480	96.8%
Program Services	$0
Investment Income	$12,427	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$37,643	2.4%
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	$1,880,101
Total Liabilities	$1,785,970
Net Assets	$94,131

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.

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Childrens Scholarship Fund Of Omaha

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.83M (2023)

Expenses $2.95M (2023)

Total Assets $1.69M (2023)

Total Liabilities $10.5k (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$1.83M (2023)

Expenses

$2.95M (2023)

Total Assets

$1.69M (2023)

Total Liabilities

$10.5k (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002