Nmotion Inc
- Assets
- $87.3k
- Revenue
- $10.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-1845913
Organization Overview
Nmotion Inc is located in Lincoln, NE. The organization was established in 2014. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nmotion Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Nmotion Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (39.6%) each year. All expenses for the organization totaled $53.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NMOTION IS A MENTOR-DRIVEN, EDUCATION-FOCUSED, STARTUP ACCELERATOR BASED IN LINCOLN, NEBRASKA. WE FOCUS ON HIGH-GROWTH SOFTWARE AND TECHNOLOGY-BASED BUSINESSES IN TARGETED INDUSTRIES OF AGRICULTURE, HEALTHCARE, EDUCATION, FINANCE/INSURANCE, AND SPORTS TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NMOTION PROVIDES A 14-WEEK PROGRAM DESIGNED TO ACCELERATE THE GROWTH OF STARTUP COMPANIES. WE OFFER ACCESS TO SEED FUNDING, HANDS-ON EDUCATION AND HIGHLY EDUCATED MENTORS. NMOTION PROVIDES ACCESS TO A SHARED POOL OF TALENTED ASSOCIATES THAT COMPLEMENT MEMBER COMPANY SKILL SETS AND PROVIDES ACCESS TO FREE OR REDUCED PROFESSIONAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Roth President | OfficerTrustee | 5 | $0 |
Dan Duncan Treasurer | OfficerTrustee | 5 | $0 |
Dan Hoffman Secretary | OfficerTrustee | 5 | $0 |
Brian Ardinger Director | Trustee | 1 | $0 |
Christina Oldfather Director | Trustee | 1 | $0 |
Stephanie Dinger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Investment income | $97 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $50,000 |
| Fees for services: Legal | $23 |
| Fees for services: Accounting | $1,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,166 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $911 |
| All other expenses | $0 |
| Total functional expenses | $53,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,307 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $87,307 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $87,307 |
| Total liabilities and net assets/fund balances | $87,307 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nmotion Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Lincoln Chamber Economic Development Corporation Lincoln, NE PURPOSE: SPONSORSHIP | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Women And Information Technology Boulder, CO | $16,602,508 | $6,944,412 |
Enactus Springfield, MO | $4,640,008 | $6,409,342 |
Young Americans Education Foundation Denver, CO | $20,202,767 | $3,597,019 |
Stl Youth Jobs St Louis, MO | $4,359,617 | $1,870,417 |
Junior Achievement Of Eastern Iowa Cedar Rapids, IA | $3,129,743 | $1,942,869 |
Dream Builders 4 Equity Saint Louis, MO | $800,946 | $1,133,367 |
Junior Achievement Of Lincoln Inc Lincoln, NE | $347,207 | $674,807 |
Kiddie Hawk Air Academy Littleton, CO | $1,126,122 | $694,248 |
Iowa Association Of Business And Industry Foundation Des Moines, IA | $1,004,678 | $680,350 |
Cybertruck Challenge Fort Collins, CO | $127,995 | $0 |
United States Junior Chamber Of Commerce Foundation Chesterfield, MO | $3,377,524 | $213,508 |
Sherman Entrepreneurship Foundation Cherry Hills Village, CO | $120,811 | $0 |