Totals
- Total revenue
- $68,828
- Total expenses
- $1,489,143
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $60,000
- Investment income
- $8,828
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $1,337,285
- Management and general expenses
- $151,858
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,337,285
Program services were 89.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Consulting Revenue
total $60,000 · related or exempt $60,000 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $8,828 · related or exempt $8,828 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $323,461 · program services $242,596 · management and general $80,865
-
7 · Other salaries and wages
total $73,135 · program services $54,851 · management and general $18,284
-
8 · Pension plan contributions
total $4,189 · program services $3,142 · management and general $1,047
-
10 · Payroll taxes
total $18,669 · program services $14,002 · management and general $4,667
-
11b · Fees: legal
total $1,878 · management and general $1,878
-
11c · Fees: accounting
total $19,655 · management and general $19,655
-
11g · Fees: other
total $733 · management and general $733
-
13 · Office expenses
total $21,730 · program services $5,142 · management and general $16,588
-
14 · Information technology
total $6,525 · management and general $6,525
-
17 · Travel
total $12,000 · program services $12,000
-
19 · Conferences, conventions and meetings
total $13,704 · program services $13,704
-
22 · Depreciation, depletion and amortization
total $1,616 · management and general $1,616
-
24a · Other expenses: Transfer to Nebraska Philanthropic Trust
total $991,848 · program services $991,848 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,182 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,218,282 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $192,805 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $1,616
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $5,570 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,420,315 · end of year $0
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
The mission of Omaha Philanthropic Trust is to enhance the general welfare of the Omaha metropolitan community by providing fundraising support to public and charitable institutions and by assisting in the construction of facilities which will assist in achieving that goal.
Activities or mission (Part I)
TO enhance the general welfare of the Omaha metropolitan community by providing fundraising support to public and charitable institutions and by assisting in the construction of facilities which will assist in achieving that goal.
-
Omaha Philanthropic Trust incurs certain operating costs in connection with fulfilling its mission of providing fundraising and project management services to nonprofit organizations. There costs include certain salaries and benefits and operating expenses.
Expenses $345,437
-
At the end of 2022, all assets of Omaha Philanthropic Trust were transferred to Nebraska Philanthropic Trust. See Schedule N for more details.
Expenses $991,848
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Susan L Morris
President
- Total calculated
- $323,460
- From this org
- $300,865
- From related orgs
- $0
- Other
- $22,595
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $300,865
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $22,595
- Filer's total
- $323,460
-
Jennifer Callahan
Treasurer
- Total calculated
- $21,865
- From this org
- $19,655
- From related orgs
- $2,210
- Other
- $0
- Hours/week
- 1 + 1 related
-
CE Heaney Jr
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Catherine French
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501c3 · charitable activities · NE · controlled entity
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$991,848
Liquidation · Cash held in the Organization's trust account and checking account was transferred to Nebraska Philanthropic Trust. In addition, accounts receivables were transferred to Nebraska Philanthropic Trust. · Dec 27, 2022 · 501c3
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302919349300705
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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