Nonprofit · EIN 47-6032870
WAYNE STATE FOUNDATION
Tax-exempt · WAYNE, NE 68787
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,321,556 | $7,353,842 | -$2,032,286 | $47,814,939 | $277,968 | $47,536,971 |
| June 30, 2024 | 990 | $7,968,712 | $5,304,912 | $2,663,800 | $46,905,361 | $281,778 | $46,623,583 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,744,635
- Program service revenue
- $73,865
- Investment income
- $1,454,148
- Net rental income
- $10,674
- Net income from fundraising events
- $16,860
- Other revenue
- $48,908
Expenses
- Grants and similar amounts paid
- $6,343,918
- Compensation of officers, directors and key employees
- $143,764
- Other salaries and wages
- $283,623
- Salaries, compensation and benefits (total)
- $562,865
- Professional fundraising fees
- $0
- Legal fees
- $1,163
- Accounting fees
- $17,350
- Occupancy
- $400
- Travel
- $54,504
- Depreciation
- $1,071
- Program services (functional)
- $6,537,435
- Management and general (functional)
- $456,515
- Fundraising (functional)
- $359,892
Balance sheet and other
- Total assets, start of year
- $46,905,361
- Total assets, end of year
- $47,814,939
- Total liabilities, end of year
- $277,968
- Net assets, end of year
- $47,536,971
- Land, buildings and equipment
- $278,724
- Publicly traded securities
- $37,515,395
- Net assets without donor restrictions
- $4,289,898
- Net assets with donor restrictions
- $43,247,073
- Gross receipts
- $5,334,940
- Employees
- 9
- Volunteers
- 233
- Year formed
- 1961
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA NELSON | INTERIM CHIEF EXECUTIVE OFFICER Officer | 40 | $110,127 |
| BRENDA CARHART | PRESIDENT Trustee or director, Officer | 0 | $0 |
| LESLIE BEBEE | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| MATTHEW LEY | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| MIKE VARLEY | TRUSTEE Institutional trustee | 0 | $0 |
| TERRY MCCLAIN | TRUSTEE Institutional trustee | 0 | $0 |
| BRETT FREVERT | TRUSTEE Institutional trustee | 0 | $0 |
| GEORGE BURCUM | TRUSTEE Institutional trustee | 0 | $0 |
| BILL REEG | TRUSTEE Institutional trustee | 0 | $0 |
| CARTER PETERSON | TRUSTEE Institutional trustee | 0 | $0 |
| BILL MELENA | TRUSTEE Institutional trustee | 0 | $0 |
| MICHAEL RIEDMANN | TRUSTEE Institutional trustee | 0 | $0 |
| DON SOUKUP | TRUSTEE Institutional trustee | 0 | $0 |
| REGG SWANSON | TRUSTEE Institutional trustee | 0 | $0 |
| BYRON SCHAFERSMAN | TRUSTEE Institutional trustee | 0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT BLOMENKAMP | TRUSTEE Institutional trustee | 0 | $0 |
| LISA ALBERS | TRUSTEE Institutional trustee | 0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN ARMSTRONG | CHIEF EXECUTIVE OFFICER Officer | 40 | $139,551 |
| BRENDA CARHART | PRESIDENT Trustee or director, Officer | 0 | $0 |
| GLENDA GALLISATH | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| MATTHEW LEY | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| DONALD KOEBER | TRUSTEE Institutional trustee | 0 | $0 |
| BILL DICKEY | TRUSTEE Institutional trustee | 0 | $0 |
| LESLIE BEBEE | TRUSTEE Institutional trustee | 0 | $0 |
| BRETT FREVERT | TRUSTEE Institutional trustee | 0 | $0 |
| ADRIAN MINKS | TRUSTEE Institutional trustee | 0 | $0 |
| RANDY PEDERSEN | TRUSTEE Institutional trustee | 0 | $0 |
| CARTER PETERSON | TRUSTEE Institutional trustee | 0 | $0 |
| BILL REEG | TRUSTEE Institutional trustee | 0 | $0 |
| MICHAEL RIEDMANN | TRUSTEE Institutional trustee | 0 | $0 |
| DON SOUKUP | TRUSTEE Institutional trustee | 0 | $0 |
| REGG SWANSON | TRUSTEE Institutional trustee | 0 | $0 |
| BYRON SCHAFERSMAN | TRUSTEE Institutional trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1111 MAIN ST, WAYNE, NE 68787-1119
- Principal officer (990 for 2024)
- ROBERT MACHOVSKY, 1111 MAIN ST, WAYNE, NE 68787
- Signed the 990
- ROBERT MACHOVSKY, CEO
- Phone
- (402) 375-7510
- Website
- WWW.WSC.EDU
- Return prepared by
- HBE LLP
Mission
TO AID, ASSIST & PROMOTE EDUCATION
Program accomplishments
- TO AID, ASSIST, & PROMOTE EDUCATIONAL PROGRAMS, FACULTY, EMPLOYEES, AND STUDENTS BY GRANTING SCHOLARSHIPS, GRANTS, AND STUDENT LOANS AND COLLEGE SUPPORT FOR THE BENEFIT OF A PUBLIC COLLEGE.Expenses $6,537,435 · grants $6,343,918 · revenue $94,942
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-6032870
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42I)
- Assets (IRS master file)
- $47,814,939
- Income (IRS master file)
- $5,334,940
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,321,556 | $7,353,842 | $47,814,939 | XML |
| 990 | June 2024 | $7,968,712 | $5,304,912 | $46,905,361 | XML |
| 990 | June 2023 | $6,398,455 | $5,803,578 | $41,078,964 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 47-6032870).
Questions about WAYNE STATE FOUNDATION
- What is the EIN of WAYNE STATE FOUNDATION?
- The employer identification number (EIN) of WAYNE STATE FOUNDATION is 47-6032870.
- Is WAYNE STATE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to WAYNE STATE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WAYNE STATE 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 WAYNE STATE FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WAYNE STATE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WAYNE STATE FOUNDATION?
- The 990 for the year ended June 30, 2025 names ROBERT MACHOVSKY.
- Who are the officers and directors of WAYNE STATE FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $110,127 (MELISSA NELSON, INTERIM CHIEF EXECUTIVE OFFICER).
- How much revenue does WAYNE STATE FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,321,556, expenses of $7,353,842 and total assets of $47,814,939 at year end.
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- NORTHERN PLAINS COLLEGIATE MEDIA EIN 27-2037022 · last filed 990-N for 2025
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- PROVIDENCE MEDICAL CENTER EIN 47-0566524 · last filed 990 for 2024
- WAYNE CHILD CARE EIN 47-0740797 · last filed 990 for 2024
- REGION IV INC EIN 47-0845371 · last filed 990 for 2026
- HAVEN HOUSE FAMILY SERVICES CENTER EIN 47-0611454 · last filed 990 for 2025
- WAYNE COMMUNITY SCHOOLS FOUNDATION EIN 36-3593896 · last filed 990 for 2023