Las Vegas Chips
EIN: 383971994 · Las Vegas, NV · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $1.2M |
| Net Assets | $0 |
Is Las Vegas Chips Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Las Vegas Chips
Las Vegas Chips (EIN: 383971994) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code P20. The organization reported total revenue of $4.0M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Las Vegas Chips's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Las Vegas Chips is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2017–2019). Revenue has grown at a compound annual rate of 230.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-113,944 |
| Total Assets | $78K |
| Total Liabilities | $78K |
| Net Assets | $0 |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2019, Las Vegas Chips reported a deficit of $114K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 3 years of filings (2017–2019), Las Vegas Chips's revenue has grown at a compound annual growth rate (CAGR) of 230.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +339.9% | +378.8% | -16.2% |
| 2018 | +147.8% | +513.2% | +52.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Las Vegas Chips has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Las Vegas Chips with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $114K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Las Vegas Chips
Is Las Vegas Chips a legitimate charity?
Las Vegas Chips (EIN: 383971994) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $4.0M. No red flags identified. Financial health grade: D.
How does Las Vegas Chips spend its money?
Las Vegas Chips reported $4.0M in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Las Vegas Chips tax-deductible?
Las Vegas Chips is registered as a tax-exempt nonprofit (EIN: 383971994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Las Vegas Chips located?
Las Vegas Chips is headquartered in Las Vegas, Nevada and files with the IRS under EIN 383971994. It is classified under NTEE code P20.
How many years of IRS 990 filings does Las Vegas Chips have?
Las Vegas Chips has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $4.0M in total revenue.
Filing History
IRS 990 filing history for Las Vegas Chips showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2017–2019), Las Vegas Chips's revenue has grown by 989.9%, moving from $103K to $1.1M. Total assets increased by 27.9% over the same period, from $61K to $78K. Total functional expenses rose by 2835.7%, from $42K to $1.2M. In its most recent filing year (2019), Las Vegas Chips reported a deficit of $114K, with expenses exceeding revenue. The organization holds $78K in liabilities against $78K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $1.1M | $1.2M | $78K | $78K | — | — |
| 2018 | $256K | $259K | $93K | $35K | — | View 990 |
| 2017 | $103K | $42K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $78K (revenue +339.9% year-over-year).
- 2018: Revenue of $256K, expenses of $259K, and assets of $93K (revenue +147.8% year-over-year).
- 2017: Revenue of $103K, expenses of $42K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Las Vegas Chips:
Data Sources and Methodology
This transparency report for Las Vegas Chips 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.