Nevada Foundation For Fair Contracting Nvffc
EIN: 822285162 · Las Vegas, NV · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $325K |
| Net Assets | $355K |
Is Nevada Foundation For Fair Contracting Nvffc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nevada Foundation For Fair Contracting Nvffc
Nevada Foundation For Fair Contracting Nvffc (EIN: 822285162) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code J40. The organization reported total revenue of $138K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Foundation For Fair Contracting Nvffc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nevada Foundation For Fair Contracting Nvffc is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $325K |
| Surplus / Deficit | +$34K |
| Total Assets | $357K |
| Total Liabilities | $2K |
| Net Assets | $355K |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2023, Nevada Foundation For Fair Contracting Nvffc reported a surplus of $34K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Nevada Foundation For Fair Contracting Nvffc's revenue has declined at a compound annual growth rate (CAGR) of -21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | -7.0% | +10.3% |
| 2022 | +3.2% | +11.5% | +6.0% |
| 2021 | -3.0% | -16.3% | +32.5% |
| 2020 | -61.7% | +20.6% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nevada Foundation For Fair Contracting Nvffc 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 Nevada Foundation For Fair Contracting Nvffc 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Nevada Foundation For Fair Contracting Nvffc
Is Nevada Foundation For Fair Contracting Nvffc a legitimate charity?
Nevada Foundation For Fair Contracting Nvffc (EIN: 822285162) is a registered tax-exempt nonprofit based in Nevada. It has 5 years of IRS 990 filings on record. Total revenue: $138K. No red flags identified. Financial health grade: A.
How does Nevada Foundation For Fair Contracting Nvffc spend its money?
Nevada Foundation For Fair Contracting Nvffc reported $138K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nevada Foundation For Fair Contracting Nvffc tax-deductible?
Nevada Foundation For Fair Contracting Nvffc is registered as a tax-exempt nonprofit (EIN: 822285162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nevada Foundation For Fair Contracting Nvffc located?
Nevada Foundation For Fair Contracting Nvffc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 822285162. It is classified under NTEE code J40.
How many years of IRS 990 filings does Nevada Foundation For Fair Contracting Nvffc have?
Nevada Foundation For Fair Contracting Nvffc has 5 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 $138K in total revenue.
Filing History
IRS 990 filing history for Nevada Foundation For Fair Contracting Nvffc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Nevada Foundation For Fair Contracting Nvffc's revenue has declined by 62.6%, moving from $961K to $359K. Total assets increased by 50.3% over the same period, from $238K to $357K. Total functional expenses rose by 4.6%, from $311K to $325K. In its most recent filing year (2023), Nevada Foundation For Fair Contracting Nvffc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $2K in liabilities against $357K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $355K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $359K | $325K | $357K | $2K | — | View 990 |
| 2022 | $368K | $350K | $324K | $2K | — | View 990 |
| 2021 | $357K | $314K | $305K | $2K | — | View 990 |
| 2020 | $368K | $375K | $230K | $749 | — | — |
| 2019 | $961K | $311K | $238K | $461 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $359K, expenses of $325K, and assets of $357K (revenue -2.5% year-over-year).
- 2022: Revenue of $368K, expenses of $350K, and assets of $324K (revenue +3.2% year-over-year).
- 2021: Revenue of $357K, expenses of $314K, and assets of $305K (revenue -3.0% year-over-year).
- 2020: Revenue of $368K, expenses of $375K, and assets of $230K (revenue -61.7% year-over-year).
- 2019: Revenue of $961K, expenses of $311K, and assets of $238K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nevada Foundation For Fair Contracting Nvffc:
Data Sources and Methodology
This transparency report for Nevada Foundation For Fair Contracting Nvffc 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.