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Nebraska · Nonprofit

INVEST NEBRASKA CORPORATION

INVEST NEBRASKA CORPORATION (Nebraska) receives grants from 4 organizations whose IRS filings report $430,000 to it, the largest being EWING MARION KAUFFMAN FOUNDATION ($250,000). 4 of them have funded it in more than one year.

Revenue FY2024
$7.2M
Funders on record
4
Grants received
$430k
Net assets
$66M
4/4 repeat funderspeak grant-dependency 2%
01What it does

What Invest Nebraska Corporation does

Mission

Promote community and economic development by identifying, supporting, and investing in high-growth, high-impact, or community critical companies across nebraska.

As stated on its FY2024 Form 990.

Programs

  1. Seed fund program - the organization contracts with the state of nebraska's department of economic development to provide capital to early-stage businesses through the business innovation act. These businesses are statutorily eligible for financing based on a series of qualifying factors. The organization also provides capital to early-stage businesses through federally designated grant funds.

    $2,756,744 spent
    74% of program spending
  2. The combine - an agrifood tech incubator located on nebraska innovation campus to incubate high-growth, early-stage business in the ag and food technology space.

    $402,387 spent
    11% of program spending
  3. Nebraska emerging growth - the organization administers funds the nebraska department of economic development received under the state small business credit initiative (ssbci) program of the u.s. Treasury department. Convertible debt and equity investments from $100,000- $1,000,000 can be used for working capital, and inventory/equipment purchases. Funds must be matched by private funds as outlined in the program.

    $357,347 spent
    10% of program spending
  4. Operational assistance program - provide operational assistance to those startup businesses that need to complete additional projects in order to attract outside capital.

    $210,604 spentof which $45,394 as grants
    6% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,727,082.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($6.2M) Expenses 100 ($1.0M) Net assets 100 ($18M)2018 Revenue 54 ($3.4M) Expenses 75 ($781k) Net assets 122 ($22M)2019 Revenue 26 ($1.6M) Expenses 85 ($882k) Net assets 129 ($24M)2020 Revenue 51 ($3.2M) Expenses 78 ($806k) Net assets 148 ($27M)2021 Revenue 164 ($10M) Expenses 169 ($1.8M) Net assets 259 ($48M)2022 Revenue 123 ($7.7M) Expenses 232 ($2.4M) Net assets 287 ($53M)2023 Revenue 157 ($9.8M) Expenses 209 ($2.2M) Net assets 332 ($61M)2024 Revenue 116 ($7.2M) Expenses 272 ($2.8M) Net assets 357 ($66M)
'17'18'19'20'21'22'23'24
Revenue (116)Expenses (272)Net assets (357)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $27M to $48M (+75%).

$18M
$22M
$24M
$27M
$48M
$53M
$62M
$66M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 101% · 2018 91% · 2019 142% · 2020 73% · 2021 24% · 2022 53% · 2023 103% · 2024 104%. Grants only. Government contracts and fees sit inside program revenue.

106% of INVEST NEBRASKA CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$5.2M
’17
$2.6M
’18
$730k
’19
$2.4M
’20
$8.5M
’21
$5.2M
’22
$7.6M
’23
$4.4M
’24
28
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dan Hoffman

CEO

Board chair

Donna Kush

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed1313151415151314
Joined·+1+3+2+1+2+2+2
No longer listed·1130241
03Who funds it

Who funds it, year by year

2021 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $165k → $40k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of INVEST NEBRASKA CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INVEST NEBRASKA CORPORATION leans on a few funders — its largest provides 58% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

58%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2021 76% · 2022 76% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

INVEST NEBRASKA CORPORATION draws 66% of its grant income from funders outside Nebraska, across 2 states in all.

NE
MO

In-state vs out-of-state, by year

’21
’22
’23
Nebraska out of state home

Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

INVEST NEBRASKA CORPORATION runs a healthier operating margin than three-quarters of the 1,003 public benefit nonprofits its size.

Operating margin61% · top quartile
Months of reserve27.8mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024

Government funding INVEST NEBRASKA CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.9M on record.

Federal$3.9M
grants $3.9Mcontracts $0
17
20
21
22
Top agencies
  • Department of Commerce$3.8M
  • Department of the Treasury$120k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like INVEST NEBRASKA CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

91%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 3 related entities

  • Invest Nebraska Nmotion LLC · disregarded
  • Invest Nebraska Fund I LLC · disregarded
  • Invest Nebraska Fund Management I LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for INVEST NEBRASKA CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INVEST NEBRASKA CORPORATION?
INVEST NEBRASKA CORPORATION (Nebraska) receives grants from 4 organizations whose IRS filings report $430,000 to it, the largest being EWING MARION KAUFFMAN FOUNDATION ($250,000). 4 of them have funded it in more than one year.
How many funders does INVEST NEBRASKA CORPORATION have?
IRS filings report 4 organizations giving $430,000 in grants to INVEST NEBRASKA CORPORATION, 4 of which have funded it in more than one year.
Who is the largest funder of INVEST NEBRASKA CORPORATION?
EWING MARION KAUFFMAN FOUNDATION is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like INVEST NEBRASKA CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing