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FALLS CITY ECONOMIC DEVELOPMENT & GROWTH ENTERPRISE INC

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Public IRS 990 nonprofit record

FALLS CITY ECONOMIC DEVELOPMENT & GROWTH ENTERPRISE INC

EIN 20-4688422 · Chambers of Commerce & Business Leagues (S41)

What they do

to RECRUIT NEW BUSINESSES to THE FALLS CITY AREA and ASSIST EXISTING BUSINESSES AS NEEDED IN AN EFFORT to BOOST THE LOCAL ECONOMY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

110.37%of revenue went to mission work100.0% of expenses · Program services
$110.37spent for every $100 of revenueSpending was higher than revenue this year.
$3.21in assets for every $1 spent this yearSome assets cannot be spent right away.
93.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $34,898 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $78,529 for LUCAS FROESCHL (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$336,393
Mission workProgram services$371,291110.37% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$371,291110.37% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2025CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.37% of revenue
2024Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 81.71% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 71.51% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 92.05% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 65.02% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 104.77% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.00% of revenue

Money in and money out

Revenue$336,393
Expenses$371,291
Annual shortfall $34,898 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$371,291 · 100.0% of expenses
See all reported dollar amounts
Revenue$336,393
Expenses$371,291
Assets$1,192,909
Income$336,393
Contributions$313,791
Mission work (program services)$371,291
Grants given$34,408
Average grant$11,469
Accounting fees$2,200
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LUCAS FROESCHLEXECUTIVE DI · 40 hrs/week $78,529

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

LUCAS FROESCHLEXECUTIVE DI

MARK HARKENDORFFDIRECTOR

TREVOR BAUERDIRECTOR

TIM HECKENLIVELYDIRECTOR

STEVE SEVERINDIRECTOR

STEVE KOTTICHEXECUTIVE CO

SARA RUIZDIRECTOR

SAMANTHA SCHEITELDIRECTOR

RYAN LARSENPRESIDENT

ROD ROWLANDEXECUTIVE CO

RAY JOYVICE PRESIDE

MITCH MERZVICE PRESIDE

BART KELLERVICE PRESIDE

KRISTEN POPPEDIRECTOR

KEVIN MALONEPAST PRESIDE

KELLY BLETSCHERDIRECTOR

JOHN CAVERZAGIEDIRECTOR

JOE RECTORDIRECTOR

DERRICK LEYDENDIRECTOR

DAVID GOFFDIRECTOR

CHRIS HALBERTDIRECTOR

BRIAN DAAKEDIRECTOR

About this charity

Recognized since
January 2007
Location
PO BOX 574, FALLS CITY, NE 68355-0574
County
Richardson
In care of
% CHRISTOPHER C HALBERT
Primary officer
RYAN LARSEN, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
ROBERT W AITKEN CPA PC
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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