Friends Of The Nevada Southernrailway Inc
Friends Of The Nevada Southernrailway Inc reports a significant operating deficit in 2023 after two years of strong revenue.
EIN: 208813917 · Boulder City, NV · NTEE: A115 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $476K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $39,819 |
| Net Assets | $254K |
| Transparency Score | 75/100 |
Is Friends Of The Nevada Southernrailway Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Nevada Southernrailway Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Nevada Southernrailway Inc
Friends Of The Nevada Southernrailway Inc (EIN: 208813917) is a nonprofit organization based in Boulder City, NV, classified under NTEE code A115. The organization reported total revenue of $180K and total assets of $268K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Nevada Southernrailway Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Nevada Southernrailway Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 28.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $390K |
| Total Expenses | $476K |
| Surplus / Deficit | $-86,254 |
| Total Assets | $337K |
| Total Liabilities | $83K |
| Net Assets | $254K |
| Operating Margin | -22.1% |
| Debt-to-Asset Ratio | 24.6% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2023, Friends Of The Nevada Southernrailway Inc reported a deficit of $86K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 24.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Friends Of The Nevada Southernrailway Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.6% | -13.8% | -1.0% |
| 2022 | +68.5% | +112.4% | +7.0% |
| 2021 | +775.0% | +88.6% | +39.8% |
| 2020 | -79.6% | -2.4% | -29.7% |
| 2019 | +55.1% | +88.2% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of The Nevada Southernrailway Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of The Nevada Southernrailway Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size with revenues fluctuating between $39,819 and $587,221.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Friends Of The Nevada Southernrailway Inc's IRS 990 filings:
- Significant operating deficit in 2023 ($86,254 loss)
- Increase in liabilities to $82,833 in 2023 after periods of zero or low liabilities
Strengths
The following positive indicators were identified for Friends Of The Nevada Southernrailway Inc:
- Consistent 0% officer compensation across all filings
- Strong asset growth over the long term, from $91,640 in 2014 to $336,748 in 2023
- History of significant revenue generation, peaking at $587,221 in 2022
- Regular and timely IRS 990 filings demonstrating transparency
Frequently Asked Questions about Friends Of The Nevada Southernrailway Inc
Is Friends Of The Nevada Southernrailway Inc a legitimate charity?
Friends Of The Nevada Southernrailway Inc (EIN: 208813917) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $180K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Friends Of The Nevada Southernrailway Inc spend its money?
Friends Of The Nevada Southernrailway Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Nevada Southernrailway Inc tax-deductible?
Friends Of The Nevada Southernrailway Inc is registered as a tax-exempt nonprofit (EIN: 208813917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of The Nevada Southernrailway Inc CEO make?
Friends Of The Nevada Southernrailway Inc's highest-compensated officer earns $39,819 annually. The organization reported $180K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of The Nevada Southernrailway Inc's spending goes to programs?
Friends Of The Nevada Southernrailway Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Nevada Southernrailway Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Friends Of The Nevada Southernrailway Inc is above average for NTEE category A115 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Nevada Southernrailway Inc located?
Friends Of The Nevada Southernrailway Inc is headquartered in Boulder City, Nevada and files with the IRS under EIN 208813917. It is classified under NTEE code A115.
How many years of IRS 990 filings does Friends Of The Nevada Southernrailway Inc have?
Friends Of The Nevada Southernrailway Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $180K in total revenue.
Is Friends Of The Nevada Southernrailway Inc a good charity?
Based on the available data, the organization demonstrates strong transparency with consistent 0% officer compensation and regular IRS 990 filings. While it experienced a significant operating deficit in 2023, its historical performance shows periods of strong revenue generation and asset growth. The lack of executive compensation suggests a high dedication to its mission.
What caused the significant expense increase in 2023?
The IRS 990 data shows expenses increased to $475,878 in 2023 from $259,853 in 2021, while revenue did not keep pace. Without detailed expense breakdowns from the full 990 forms, it's difficult to pinpoint the exact causes, but it suggests increased operational costs or specific project expenditures.
How does the organization fund its operations without officer compensation?
The consistent 0% officer compensation indicates that the organization likely relies heavily on volunteer efforts for its leadership and administrative functions, allowing more of its revenue to be directed towards its programs and operational costs.
Filing History
IRS 990 filing history for Friends Of The Nevada Southernrailway Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Friends Of The Nevada Southernrailway Inc's revenue has grown by 1438.9%, moving from $25K to $390K. Total assets increased by 768.6% over the same period, from $39K to $337K. Total functional expenses rose by 1996.7%, from $23K to $476K. In its most recent filing year (2023), Friends Of The Nevada Southernrailway Inc reported a deficit of $86K, with expenses exceeding revenue. The organization holds $83K in liabilities against $337K in assets (debt-to-asset ratio: 24.6%), resulting in net assets of $254K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $390K | $476K | $337K | $83K | — | — |
| 2022 | $587K | $552K | $340K | $0 | — | View 990 |
| 2021 | $348K | $260K | $318K | $5K | — | View 990 |
| 2020 | $40K | $138K | $227K | $3K | — | View 990 |
| 2019 | $195K | $141K | $323K | $1K | — | View 990 |
| 2018 | $126K | $75K | $272K | $3K | — | View 990 |
| 2017 | $117K | $74K | $224K | $7K | — | — |
| 2016 | $99K | $66K | $181K | $0 | — | View 990 |
| 2015 | $101K | $39K | $148K | $0 | — | View 990 |
| 2014 | $54K | $24K | $92K | $0 | — | View 990 |
| 2013 | $52K | $27K | $63K | $0 | — | View 990 |
| 2012 | $25K | $23K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $390K, expenses of $476K, and assets of $337K (revenue -33.6% year-over-year).
- 2022: Revenue of $587K, expenses of $552K, and assets of $340K (revenue +68.5% year-over-year).
- 2021: Revenue of $348K, expenses of $260K, and assets of $318K (revenue +775.0% year-over-year).
- 2020: Revenue of $40K, expenses of $138K, and assets of $227K (revenue -79.6% year-over-year).
- 2019: Revenue of $195K, expenses of $141K, and assets of $323K (revenue +55.1% year-over-year).
- 2018: Revenue of $126K, expenses of $75K, and assets of $272K (revenue +7.7% year-over-year).
- 2017: Revenue of $117K, expenses of $74K, and assets of $224K (revenue +18.0% year-over-year).
- 2016: Revenue of $99K, expenses of $66K, and assets of $181K (revenue -2.4% year-over-year).
- 2015: Revenue of $101K, expenses of $39K, and assets of $148K (revenue +87.4% year-over-year).
- 2014: Revenue of $54K, expenses of $24K, and assets of $92K (revenue +4.5% year-over-year).
- 2013: Revenue of $52K, expenses of $27K, and assets of $63K (revenue +104.5% year-over-year).
- 2012: Revenue of $25K, expenses of $23K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Nevada Southernrailway Inc:
Data Sources and Methodology
This transparency report for Friends Of The Nevada Southernrailway Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.