Nonprofit · EIN 36-3680258
FATHER FLANAGANS FUND FOR NEEDY CHILDREN
Tax-exempt · BOYS TOWN, NE 68010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $97,907,690 | $57,035,287 | $40,872,403 | $1,082,691,222 | $445,257 | $1,082,245,965 |
| December 31, 2023 | 990 | $30,013,914 | $56,233,535 | -$26,219,621 | $1,039,900,942 | $1,080,716 | $1,038,820,226 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $97,880,012
- Net gain from sales of assets
- $89,901,179
- Other revenue
- $27,678
Expenses
- Grants and similar amounts paid
- $53,849,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $193,466
- Program services (functional)
- $53,849,000
- Management and general (functional)
- $3,186,287
Balance sheet and other
- Total assets, start of year
- $1,039,900,942
- Total assets, end of year
- $1,082,691,222
- Total liabilities, end of year
- $445,257
- Net assets, end of year
- $1,082,245,965
- Publicly traded securities
- $291,702,921
- Net assets without donor restrictions
- $1,082,245,965
- Gross unrelated business income
- $10,753,677
- Gross receipts
- $1,846,034,496
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1990
- State of legal domicile
- NE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rodney J Kempkes | CEO Trustee or director, Officer | 5 | $0 | $726,025 | $43,164 |
| Judy F Rasmussen CPA | Chief Financial Officer, Treasurer Officer | 5 | $0 | $432,148 | $48,166 |
| Dana E Washington | General Counsel Officer | 5 | $0 | $400,119 | $50,492 |
| Monty J Horine | Corporate Secretary Officer | 5 | $0 | $321,419 | $31,667 |
| Randall A Ptacek | Director Treasury Operations Officer | 5 | $0 | $169,945 | $6,729 |
| James L Beckman JD | Assistant Corporate Secretary Officer | 5 | $0 | $148,337 | $22,337 |
| Dorr Begnal | Director - Through March 2024 Trustee or director | 1 | $0 | $0 | $0 |
| Erik Lundberg | Director Trustee or director | 1 | $0 | $0 | $0 |
| Georganne F Perkins | Director Trustee or director | 1 | $0 | $0 | $0 |
| Helen A Fox-O'Brien | Chairman Trustee or director | 1 | $0 | $0 | $0 |
| Michael P Sullivan | Director Trustee or director | 1 | $0 | $0 | $0 |
| Thomas B Barker | Director Trustee or director | 1 | $0 | $0 | $0 |
| Thomas B Woodbury | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Steven E Boes President | National Executive Director Father Flanagans Boys Home Officer | 5 | $0 | $600,533 | $79,769 |
| Rodney J Kempkes | CEO Trustee or director, Officer | 5 | $0 | $581,799 | $42,816 |
| Judy F Rasmussen CPA | Chief Financial Officer, Treasurer Officer | 5 | $0 | $388,064 | $36,583 |
| Dana E Washington | General Counsel Officer | 5 | $0 | $358,959 | $39,005 |
| Monty J Horine | Corporate Secretary Officer | 5 | $0 | $275,227 | $25,168 |
| Randall A Ptacek | Director Treasury Operations Officer | 5 | $0 | $157,744 | $44,495 |
| James Beckmann | Assistant Corporate Secretary Officer | 5 | $0 | $169,941 | $32,011 |
| Rebecca E Duseau | Director - Through June 2023 Trustee or director | 1 | $0 | $0 | $0 |
| Michael P Sullivan | Director Trustee or director | 1 | $0 | $0 | $0 |
| Helen Fox-O'Brien | Chairman Trustee or director | 1 | $0 | $0 | $0 |
| Dorr Begnal | Director Trustee or director | 1 | $0 | $0 | $0 |
| Erik Lundberg | Director Trustee or director | 1 | $0 | $0 | $0 |
| Georganne F Perkins | Director Trustee or director | 1 | $0 | $0 | $0 |
| Thomas B Barker | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 14100 CRAWFORD STREET - MOD 2, BOYS TOWN, NE 68010-7520
- In care of
- % BRIDGETTE RENBARGER
- Principal officer (990 for 2024)
- Bridgette Renbarger, 14100 Crawford Street, Boys Town, NE 68010
- Signed the 990
- Bridgette Renbarger, Chief Financial Officer
- Phone
- (531) 355-3131
- Return prepared by
- KPMG LLP
Mission
Father Flanagan's Fund For Needy Children has the power to receive, hold and invest property for the exclusive benefit of Father Flanagan's Boys' Home (Boys Town), an exempt 501(c)(3) organization. It may carry out this purpose by distributing assets directly to Boys Town or by applying its assets directly to the purposes of Boys Town.
Program accomplishments
- Distributed funds to Father Flanagan's Boys' Home (Boys Town), an affiliated 501(c)(3) organization to support its exempt purposes. Father Flanagan's Fund For Needy Children manages and invests the long term investments for Boys Town.Expenses $53,849,000 · grants $53,849,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3680258
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P110)
- Assets (IRS master file)
- $1,082,691,222
- Income (IRS master file)
- $1,846,034,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $97,907,690 | $57,035,287 | $1,082,691,222 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $30,013,914 | $56,233,535 | $1,039,900,942 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $74,124,333 | $50,829,533 | $985,185,488 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3680258).
Questions about FATHER FLANAGANS FUND FOR NEEDY CHILDREN
- What is the EIN of FATHER FLANAGANS FUND FOR NEEDY CHILDREN?
- The employer identification number (EIN) of FATHER FLANAGANS FUND FOR NEEDY CHILDREN is 36-3680258.
- Is FATHER FLANAGANS FUND FOR NEEDY CHILDREN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to FATHER FLANAGANS FUND FOR NEEDY CHILDREN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FATHER FLANAGANS FUND FOR NEEDY CHILDREN file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FATHER FLANAGANS FUND FOR NEEDY CHILDREN due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FATHER FLANAGANS FUND FOR NEEDY CHILDREN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FATHER FLANAGANS FUND FOR NEEDY CHILDREN?
- The 990 for the year ended December 31, 2024 names Bridgette Renbarger.
- Who are the officers and directors of FATHER FLANAGANS FUND FOR NEEDY CHILDREN?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does FATHER FLANAGANS FUND FOR NEEDY CHILDREN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $97,907,690, expenses of $57,035,287 and total assets of $1,082,691,222 at year end.
Other nonprofits in BOYS TOWN
- FATHER FLANAGANS BOYS HOME EIN 47-0376606 · last filed 990 for 2024
- RAPID RESPONSE OMAHAS DISASTER RELIEF TEAM EIN 62-1873882 · last filed 990 for 2024
- FATHER FLANAGANS BOYS HOME EIN 41-2220810 · last filed 990 for 2025
- FATHER FLANAGANS BOYS HOME EIN 76-0720675 · last filed 990 for 2025
- NATALIE & GEORGE PACE SCHOLARSHIP FUND EIN 36-6833904 · last filed 990 for 2025
- LILY HAVEN EIN 46-2322306 · last filed 990 for 2025
- BOYS TOWN NATIONAL ALUMNI ASSOCIATION SCHOLARSHIP FUND EIN 47-6036615 · last filed 990 for 2025
- GOLDEN RETRIEVER RESCUE IN NEBRASKA INC EIN 47-0758414 · last filed 990-EZ for 2025