Las Vegas Community Investment Corporation
EIN: 800837811 · Las Vegas, NV · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $588K |
| Total Expenses | $23K |
| Net Assets | $3.7M |
Is Las Vegas Community Investment Corporation 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 Community Investment Corporation
Las Vegas Community Investment Corporation (EIN: 800837811) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code S20. The organization reported total revenue of $588K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Las Vegas Community Investment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Las Vegas Community Investment Corporation is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $622K |
| Total Expenses | $23K |
| Surplus / Deficit | +$599K |
| Total Assets | $3.8M |
| Total Liabilities | $36K |
| Net Assets | $3.7M |
| Operating Margin | 96.3% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 1978.7 months |
Financial Health Grade: A
In 2023, Las Vegas Community Investment Corporation reported a surplus of $599K with revenue exceeding expenses, holds 1978.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Las Vegas Community Investment Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.5% | -9.3% | +18.6% |
| 2022 | -66.6% | -98.4% | +29.9% |
| 2021 | +41.3% | +87.4% | +32.3% |
| 2020 | +325.1% | +158.9% | +59.1% |
| 2019 | -78.8% | -69.6% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Las Vegas Community Investment Corporation 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 Community Investment Corporation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $599K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Las Vegas Community Investment Corporation
Is Las Vegas Community Investment Corporation a legitimate charity?
Las Vegas Community Investment Corporation (EIN: 800837811) is a registered tax-exempt nonprofit based in Nevada. It has 8 years of IRS 990 filings on record. Total revenue: $588K. No red flags identified. Financial health grade: A.
How does Las Vegas Community Investment Corporation spend its money?
Las Vegas Community Investment Corporation reported $588K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Las Vegas Community Investment Corporation tax-deductible?
Las Vegas Community Investment Corporation is registered as a tax-exempt nonprofit (EIN: 800837811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Las Vegas Community Investment Corporation located?
Las Vegas Community Investment Corporation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 800837811. It is classified under NTEE code S20.
How many years of IRS 990 filings does Las Vegas Community Investment Corporation have?
Las Vegas Community Investment Corporation has 8 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 $588K in total revenue.
Filing History
IRS 990 filing history for Las Vegas Community Investment Corporation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Las Vegas Community Investment Corporation's revenue has grown by 13.7%, moving from $547K to $622K. Total assets increased by 1149.3% over the same period, from $301K to $3.8M. Total functional expenses fell by 93.4%, from $346K to $23K. In its most recent filing year (2023), Las Vegas Community Investment Corporation reported a surplus of $599K, with revenue exceeding expenses. The organization holds $36K in liabilities against $3.8M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $622K | $23K | $3.8M | $36K | — | — |
| 2022 | $711K | $25K | $3.2M | $44K | — | View 990 |
| 2021 | $2.1M | $1.5M | $2.4M | $79 | — | — |
| 2020 | $1.5M | $816K | $1.8M | $2K | — | View 990 |
| 2019 | $354K | $315K | $1.2M | $6K | — | View 990 |
| 2018 | $1.7M | $1.0M | $1.1M | $844 | — | View 990 |
| 2017 | $490K | $302K | $665K | $190K | — | View 990 |
| 2016 | $547K | $346K | $301K | $14K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $622K, expenses of $23K, and assets of $3.8M (revenue -12.5% year-over-year).
- 2022: Revenue of $711K, expenses of $25K, and assets of $3.2M (revenue -66.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.5M, and assets of $2.4M (revenue +41.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $816K, and assets of $1.8M (revenue +325.1% year-over-year).
- 2019: Revenue of $354K, expenses of $315K, and assets of $1.2M (revenue -78.8% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.0M, and assets of $1.1M (revenue +241.6% year-over-year).
- 2017: Revenue of $490K, expenses of $302K, and assets of $665K (revenue -10.3% year-over-year).
- 2016: Revenue of $547K, expenses of $346K, and assets of $301K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Las Vegas Community Investment Corporation:
Data Sources and Methodology
This transparency report for Las Vegas Community Investment Corporation 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.