Nevada Nurses Foundation
EIN: 471388572 · Reno, NV · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $42K |
| Net Assets | $125K |
Is Nevada Nurses Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nevada Nurses Foundation
Nevada Nurses Foundation (EIN: 471388572) is a nonprofit organization based in Reno, NV, classified under NTEE code P20. The organization reported total revenue of $62K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Nurses Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nevada Nurses Foundation is a micro nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2017–2022). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $42K |
| Surplus / Deficit | +$9K |
| Total Assets | $126K |
| Total Liabilities | $776 |
| Net Assets | $125K |
| Operating Margin | 17.8% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 36.2 months |
Financial Health Grade: A
In 2022, Nevada Nurses Foundation reported a surplus of $9K with revenue exceeding expenses, holds 36.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 6 years of filings (2017–2022), Nevada Nurses Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -10.8% | +17.1% | +7.7% |
| 2021 | -34.0% | +7.2% | +20.5% |
| 2020 | +107.6% | -19.5% | +126.9% |
| 2019 | +19.0% | +53.4% | +2.4% |
| 2018 | -16.7% | -24.4% | +22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nevada Nurses Foundation 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 Nurses Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Nevada Nurses Foundation
Is Nevada Nurses Foundation a legitimate charity?
Nevada Nurses Foundation (EIN: 471388572) is a registered tax-exempt nonprofit based in Nevada. It has 6 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. Financial health grade: A.
How does Nevada Nurses Foundation spend its money?
Nevada Nurses Foundation reported $62K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nevada Nurses Foundation tax-deductible?
Nevada Nurses Foundation is registered as a tax-exempt nonprofit (EIN: 471388572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nevada Nurses Foundation located?
Nevada Nurses Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 471388572. It is classified under NTEE code P20.
How many years of IRS 990 filings does Nevada Nurses Foundation have?
Nevada Nurses Foundation has 6 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 $62K in total revenue.
Filing History
IRS 990 filing history for Nevada Nurses Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2022), Nevada Nurses Foundation's revenue has grown by 21.2%, moving from $42K to $51K. Total assets increased by 269.1% over the same period, from $34K to $126K. Total functional expenses rose by 17.3%, from $35K to $42K. In its most recent filing year (2022), Nevada Nurses Foundation reported a surplus of $9K, with revenue exceeding expenses. The organization holds $776 in liabilities against $126K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $51K | $42K | $126K | $776 | — | View 990 |
| 2021 | $57K | $36K | $117K | $776 | — | View 990 |
| 2020 | $86K | $33K | $97K | $2K | — | — |
| 2019 | $41K | $41K | $43K | $776 | — | View 990 |
| 2018 | $35K | $27K | $42K | $0 | — | View 990 |
| 2017 | $42K | $35K | $34K | $327 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $51K, expenses of $42K, and assets of $126K (revenue -10.8% year-over-year).
- 2021: Revenue of $57K, expenses of $36K, and assets of $117K (revenue -34.0% year-over-year).
- 2020: Revenue of $86K, expenses of $33K, and assets of $97K (revenue +107.6% year-over-year).
- 2019: Revenue of $41K, expenses of $41K, and assets of $43K (revenue +19.0% year-over-year).
- 2018: Revenue of $35K, expenses of $27K, and assets of $42K (revenue -16.7% year-over-year).
- 2017: Revenue of $42K, expenses of $35K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nevada Nurses Foundation:
Data Sources and Methodology
This transparency report for Nevada Nurses Foundation 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.