Inceptia is a 501(c)(3) organization based in Lincoln, Nebraska, registered in 2023, with $47,663,616 in FY2023 revenue. CharityIndex grades it B+, and it directs about 66% of spending to programs.
Revenue (FY2023)
$47.7M
▼ 76.7% vs prior year
Education median: $200K
Expenses (FY2023)
$17.6M
Net assets
$255.4M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Inceptia: 66% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Inceptia: 174 mo reserves · +63% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Inceptia: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Inceptia: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
To be the trusted advisor supporting life-long learning, educational access and skills development.
Revenue declined from $204.3M (FY2022) to $47.7M (FY2023) across 2 reported years.
Financial snapshot
Operating margin
63.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$257.3M
Total liabilities
$1.9M
Net assets
$255.4M
Salaries & benefits
$0
0% of expenses
Board members
7
6 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $47,663,616▼76.7% | $17,602,528▲272% | $255,419,884▲31.6% | $257,336,499▲31.4% | 990 |
| 2022 | $204,344,227 | $4,735,727 | $194,038,856 | $195,862,511 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anthony Goins | Director | 0.5 | — |
| David A Macoubrie | Ceo (as of Oct 2023) | 20 | — |
| David Lechner | Director | 0.5 | — |
| Deana Marie Unger | Vp Operations | 40 | — |
| Guy Saunders | Director | 0.5 | — |
| Jill M Hicks | Cfo | 20 | — |
| Joseph Knecht | Director | 0.5 | — |
| Kimberly Russel | Director | 0.5 | — |
| Krista Brooke Odbert | Avp Product Development | 0 | — |
| Mark E Krings | Vp Client Services | 0 | — |
| Michael Jay Lubben | Senior Vp Business Development | 40 | — |
| Pamela Sue Beckmann | Sr. Director of Customer Svc & Student Engagement | 0 | — |
| Randall Scott Heesacker | Ceo (thru Oct 2023) | 20 | — |
| Richard Vierk | Chair | 0.5 | — |
| Shannon R Jones | Avp Business Development | 0 | — |
| Susan Kay Downing | Senior Vp Marketing | 40 | — |
| Timothy Jon Roethig | Avp Contact Center Ops | 0 | — |
| William Leonard Kohl | Senior Vp Portfolio Management | 20 | — |
| Contractor | Services | Paid |
|---|---|---|
| Mercer Investments LLC | Investment Mgmt Services | $126,540 |
| Elevation Marketing | Consulting | $114,591 |
5 grants to Inceptia totaling $243.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Nebraska Student Loan Program Inc | Cash & equity investment grant to subsidiary organization inceptia 9/30/24 | 2023 | $40,008,683 |
| Nebraska Student Loan Program Inc | Grant to subsidiary organization inceptia 9/7/23 | 2022 | $115,249,007 |
| Nebraska Student Loan Program Inc | Cash grant to subsidiary organization inceptia 9/19/23 | 2022 | $43,000,000 |
| Nebraska Student Loan Program Inc | Grant to subsidiary organization inceptia 9/11/23 | 2022 | $41,863,037 |
| Nebraska Student Loan Program Inc | Grant to subsidiary organization inceptia 7/1/23 | 2022 | $2,850,584 |
Explore more
Data for Inceptia (EIN 92-0907062) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.