Nevada Risk Pooling
EIN: 833737856 · Carson City, NV · NTEE: Y20
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.0M |
| Net Assets | $3.6M |
Is Nevada Risk Pooling Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nevada Risk Pooling
Nevada Risk Pooling (EIN: 833737856) is a nonprofit organization based in Carson City, NV, classified under NTEE code Y20. The organization reported total revenue of $2.3M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Risk Pooling's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nevada Risk Pooling is a mid-size nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$816K |
| Total Assets | $3.7M |
| Total Liabilities | $116K |
| Net Assets | $3.6M |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2024, Nevada Risk Pooling reported a surplus of $816K with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 5 years of filings (2020–2024), Nevada Risk Pooling's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.1% | +6.0% | +31.2% |
| 2023 | +5.9% | +20.7% | +39.5% |
| 2022 | +54.2% | +19.2% | +78.8% |
| 2021 | -20.2% | -3.6% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nevada Risk Pooling 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 Risk Pooling 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $816K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Nevada Risk Pooling
Is Nevada Risk Pooling a legitimate charity?
Based on AI analysis of IRS 990 filings, Nevada Risk Pooling (EIN: 833737856) insufficient data. 0 red flags identified, 0 strengths noted.
How does Nevada Risk Pooling spend its money?
Detailed spending breakdown data is not yet available for Nevada Risk Pooling. Check back for updated IRS 990 analysis.
Are donations to Nevada Risk Pooling tax-deductible?
Nevada Risk Pooling is registered as a tax-exempt nonprofit (EIN: 833737856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nevada Risk Pooling located?
Nevada Risk Pooling is headquartered in Carson City, Nevada and files with the IRS under EIN 833737856. It is classified under NTEE code Y20.
How many years of IRS 990 filings does Nevada Risk Pooling have?
Nevada Risk Pooling 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for Nevada Risk Pooling showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2024), Nevada Risk Pooling's revenue has grown by 37%, moving from $2.1M to $2.8M. Total assets increased by 376.8% over the same period, from $772K to $3.7M. Total functional expenses rose by 47.1%, from $1.4M to $2.0M. In its most recent filing year (2024), Nevada Risk Pooling reported a surplus of $816K, with revenue exceeding expenses. The organization holds $116K in liabilities against $3.7M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $2.0M | $3.7M | $116K | — | View 990 |
| 2023 | $2.7M | $1.9M | $2.8M | $91K | — | View 990 |
| 2022 | $2.5M | $1.6M | $2.0M | $96K | — | View 990 |
| 2021 | $1.6M | $1.3M | $1.1M | $102K | — | — |
| 2020 | $2.1M | $1.4M | $772K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.8M, expenses of $2.0M, and assets of $3.7M (revenue +5.1% year-over-year).
- 2023: Revenue of $2.7M, expenses of $1.9M, and assets of $2.8M (revenue +5.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.6M, and assets of $2.0M (revenue +54.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $1.1M (revenue -20.2% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.4M, and assets of $772K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nevada Risk Pooling:
Data Sources and Methodology
This transparency report for Nevada Risk Pooling 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.