Nonprofit · EIN 47-0739224
FALLS CITY EDUCATIONAL FOUNDATION
Tax-exempt · FALLS CITY, NE 68355
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $301,959 | $41,206 | $260,753 | $2,603,154 | $0 | $2,603,154 |
| December 31, 2024 | 990 | $176,872 | $51,520 | $125,352 | $2,342,401 | $0 | $2,342,401 |
| December 31, 2023 | 990 | $293,561 | $38,638 | $254,923 | $2,217,049 | $0 | $2,217,049 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $197,516
- Program service revenue
- $0
- Investment income
- $103,022
- Net rental income
- $1,421
- Other revenue
- $1,421
Expenses
- Grants and similar amounts paid
- $36,650
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $36,650
- Management and general (functional)
- $4,556
Balance sheet and other
- Total assets, start of year
- $2,342,401
- Total assets, end of year
- $2,603,154
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,603,154
- Publicly traded securities
- $175,702
- Net assets without donor restrictions
- $2,603,154
- Gross receipts
- $301,959
- Employees
- 0
- Volunteers
- 5
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENDA NELSON | PRESIDENT Officer | 2 | $0 |
| KEVIN SCHEITEL | VICE PRESIDE Officer | 2 | $0 |
| MERLE VEIGEL | TREASURER Officer | 2 | $0 |
| MIKE DUNN | DIRECTOR Trustee or director | 2 | $0 |
| TRENT SCHEITEL | DIRECTOR Trustee or director | 2 | $0 |
| GABE RAMSEY | DIRECTOR Trustee or director | 2 | $0 |
| ROGER WINDLE | DIRECTOR Trustee or director | 2 | $0 |
| CINDY BANGERT | HONORARY DIR Trustee or director | 1 | $0 |
| TAMI DUNN | HONORARY DIR Trustee or director | 1 | $0 |
| ANDREW OFFNER | RECORDING SE Officer | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENDA NELSON | PRESIDENT Officer | 2 | $0 |
| KEVIN SCHEITEL | VICE PRESIDE Officer | 2 | $0 |
| MERLE VEIGEL | TREASURER Officer | 2 | $0 |
| MIKE DUNN | DIRECTOR Trustee or director | 2 | $0 |
| TERESA OLBERDING | DIRECTOR Trustee or director | 2 | $0 |
| TRENT SCHEITEL | DIRECTOR Trustee or director | 2 | $0 |
| ROGER WINDLE | DIRECTOR Trustee or director | 2 | $0 |
| JERRY MCKIM | HONORARY DIR Trustee or director | 1 | $0 |
| CINDY BANGERT | HONORARY DIR Trustee or director | 1 | $0 |
| TIM HECKENLIVELY | RECORDING SE Officer | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENDA NELSON | PRESIDENT Officer | 2 | $0 |
| JUNE BOWERS | VICE PRESIDE Officer | 2 | $0 |
| MERLE VEIGEL | TREASURER Officer | 2 | $0 |
| MIKE DUNN | DIRECTOR Trustee or director | 2 | $0 |
| DAN JONES | DIRECTOR Trustee or director | 2 | $0 |
| TRENT SCHEITEL | DIRECTOR Trustee or director | 2 | $0 |
| CASSONDRA GOFF | DIRECTOR Trustee or director | 2 | $0 |
| GLENN CARLENE CUDNEY | HONORARY DIR Trustee or director | 1 | $0 |
| JERRY MCKIM | HONORARY DIR Trustee or director | 1 | $0 |
| TIM HECKENLIVELY | RECORDING SE Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1415 MORTON ST, FALLS CITY, NE 68355-2759
- Principal officer (990 for 2025)
- GLENDA NELSON, 2214 BARADA STREET, FALLS CITY, NE 68355
- Signed the 990
- MERLE VEIGEL, TREASURER
- Phone
- (402) 245-2491
- Return prepared by
- ROBERT W AITKEN CPA PC
Mission
TO PROVIDE FINANCIAL ASSISTANCE TO FALLS CITY, NEBRASKA HIGH SCHOOL GRADUATES IN THEIR PURSUIT OF POST-SECONDARY EDUCATION AND TO GENERALLY BENEFIT THE FALLS CITY, NEBRASKA PUBLIC SCHOOL SYSTEM
Program accomplishments
- PROVIDED A TOTAL OF 19 SCHOLARSHIPS TO GRADUATES OF FALLS CITY HIGH SCHOOL DISTRICT 56 OR TO TEACHERS OF FALLS CITY PUBLIC SCHOOLS FOR CONTINUING EDUCATIONExpenses $36,650 · grants $36,650
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 | 990 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
- 47-0739224
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99Z)
- Assets (IRS master file)
- $2,603,154
- Income (IRS master file)
- $301,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $301,959 | $41,206 | $2,603,154 | IRS |
| 990 | December 2024 | $176,872 | $51,520 | $2,342,401 | XML |
| 990 | December 2023 | $293,561 | $38,638 | $2,217,049 | XML |
| 990 | December 2022 | $131,046 | $69,706 | $1,962,126 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 47-0739224).
Questions about FALLS CITY EDUCATIONAL FOUNDATION
- What is the EIN of FALLS CITY EDUCATIONAL FOUNDATION?
- The employer identification number (EIN) of FALLS CITY EDUCATIONAL FOUNDATION is 47-0739224.
- Is FALLS CITY EDUCATIONAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to FALLS CITY EDUCATIONAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FALLS CITY EDUCATIONAL FOUNDATION 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 FALLS CITY EDUCATIONAL FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FALLS CITY EDUCATIONAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FALLS CITY EDUCATIONAL FOUNDATION?
- The 990 for the year ended December 31, 2025 names GLENDA NELSON.
- Who are the officers and directors of FALLS CITY EDUCATIONAL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does FALLS CITY EDUCATIONAL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $301,959, expenses of $41,206 and total assets of $2,603,154 at year end.
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- FALLS CITY VOLUNTEER AMBULANCE SQUAD EIN 47-0287147 · last filed 990 for 2025
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- FALLS CITY ECONOMIC DEVELOPMENT ANDGROWTH ENTERPRISE INC EIN 20-4688422 · last filed 990 for 2025
- FALLS CITY GOLF COURSE EIN 47-0154658 · last filed 990 for 2025
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