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CHARITY REVIEW
Issued: May 2026 Expires: May 2028

Omaha Home for Boys

Standards Not Met
Standards Not Met
9 10
(402) 457-7000
4343 North 52nd Street
Omaha, NE, 68104
https://ohb.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Omaha Home for Boys does not meet the following 2 Standards for Charity Accountability:

Standard 9 (Fund Raising Expense Ratio)
Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.

OHB does not meet this Standard because:

  • According to the organization's consolidated audited financial statements for the fiscal year ended December 31, 2025, the organization's fundraising costs were 59% ($1,465,494) of related contributions, which totaled $2,461,853.

Standard 10 (Ending Net Assets)
Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.

OHB does not meet this Standard because:

  • According to the organization's consolidated audited financial statements for the fiscal year ended December 31, 2025, the organization's total unrestricted net assets were $65,022,378, or 6.6 times the charity's total 2025 expenses of $9,909,828.

The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 14, 16

Omaha Home for Boys meets the remaining 16 Standards for Charity Accountability.

Stated Purpose:
"to support and strengthen youth, young adults and families through services that inspire and equip them to lead independent, productive lives."

Year, State Incorporated:
1920, NE

Omaha Home for Boys (OHB) reports that it serves youth, young adults, children and families in the Omaha community. OHB's core programs are aimed at empowering clients with supportive services and life skills needed to live self-sufficient and productive lives. The organization states that it has four housing programs. OHB's residential living program serves high school age boys who live on the organization's main campus and attend the OHB School, and gives them access to therapy, employment opportunities, and recreation, and other support services. OHB's Jacobs' Place Transitional Living and Branching Out Independent Living programs are designed for teens and young adults who seek safe living spaces and extra support or who are living in a state of crisis, and are provided with educational opportunities, employment assistance, and independent living skills. The organization's Supportive Community Living program offers affordable and safe temporary living spaces, independent living specialists, and education and employment resources to families and young adults ages 18 to 26. OHB's clinical services program provides behavioral health, mental health, and substance abuse services that are both trauma-focused and strengths-based for youth and families. The organization also has a Valley View 4-H Club and Skilled Trades program, which equips youth with hands-on opportunities to practice and master skilled trades, such as woodworking, plumbing, electrical, automotive, welding, custom printing, and livestock.

For the year ended December 31, 2025, Omaha Home for Boys's program expenses were:

Residential living $2,794,884
Self-sufficiency services $2,120,044
Clinical services $2,119,889
Total Program Expenses $7,034,817

Chief Executive
Jeff DeWispelare, President and Chief Executive Officer

Compensation*
$259,214

Chair of the Board
Serenna D. Russell

Chair's Profession / Business Affiliation
Lead Auditor, iCare Solutions

Board Size
11

Paid Staff Size
83

*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Membership appeals, Cryptocurrency

Fundraising costs were 59% of related contributions. (Related contributions, which totaled $2,461,853, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Omaha Home for Boys's audited financial statements - consolidated for the year ended December 31, 2025.

Source of Funds
Investment income, net $7,750,637
Contributions $2,461,853
Program service income $1,570,811
Earnings in beneficial interest in trusts, net $639,117
Rental income $331,813
Other income $12,839
Total Income $12,767,070

Programs: 71% Fundraising: 15% Administrative: 14%

Total Income $12,767,070
Total expenses: $9,909,828
  Program expenses $7,034,817
  Fundraising expenses $1,465,494
  Administrative expenses $1,409,517
  Other expenses $0
Income in Excess of Expenses $2,857,242
Beginning Net Assets $87,175,052
Other Changes In Net Assets $-114,278
Ending Net Assets $89,918,016
Total Liabilities $1,587,627
Total Assets $91,505,643

Note 1: As noted in the above financial section, "other changes in net assets" refers to a loss on pension closeout.

Note 2: As reported by the organization for the year ended December 31, 2025, OHB received in-kind contributions totaling $77,519, in the form of program materials ($40,242), fundraising materials ($35,577), and gift cards ($1,700).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance