Nevada Rock Art Foundation
Nevada Rock Art Foundation experiences significant financial contraction with declining revenue and assets over the past decade.
EIN: 10588006 · Sparks, NV · NTEE: A40 · Updated: 2026-03-28
Is Nevada Rock Art Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nevada Rock Art Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Nevada Rock Art Foundation
Nevada Rock Art Foundation (EIN: 10588006) is a nonprofit organization based in Sparks, NV, classified under NTEE code A40. The organization reported total revenue of $4K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nevada Rock Art Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nevada Rock Art Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Nevada Rock Art Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that no officers received compensation, which is commendable for an organization of its size, especially given its declining revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nevada Rock Art Foundation's IRS 990 filings:
- Significant and consistent decline in revenue from $271,943 in 2011 to $4,148 in 2019.
- Expenses consistently exceeding revenue in recent years (e.g., 2019 expenses of $9,748 vs. revenue of $4,148; 2018 expenses of $66,584 vs. revenue of $23,430), indicating deficit spending.
- Substantial decrease in total assets from $176,063 in 2014 to $30,072 in 2019, reflecting a shrinking financial base.
Strengths
The following positive indicators were identified for Nevada Rock Art Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds regarding executive pay.
- Long filing history (9 filings), suggesting a commitment to transparency in reporting over time.
Frequently Asked Questions about Nevada Rock Art Foundation
Is Nevada Rock Art Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Nevada Rock Art Foundation (EIN: 10588006) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Nevada Rock Art Foundation spend its money?
Nevada Rock Art Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nevada Rock Art Foundation tax-deductible?
Nevada Rock Art Foundation is registered as a tax-exempt nonprofit (EIN: 10588006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nevada Rock Art Foundation financially sustainable?
The organization's financial sustainability is questionable given the consistent decline in revenue from $271,943 in 2011 to $4,148 in 2019, and expenses exceeding revenue in multiple recent years (e.g., 2019 expenses of $9,748 against revenue of $4,148).
What caused the dramatic decrease in revenue?
The provided data does not specify the reasons for the revenue decline, but it is a significant trend from $271,943 in 2011 to $4,148 in 2019, suggesting a major shift in funding or operational capacity.
How does the organization manage its programs with such reduced funding?
With current revenue at $4,148 and assets at $30,072 in 2019, the organization likely operates on a very limited scale, potentially relying heavily on volunteer efforts or significantly scaled-back activities compared to its past operations.
Filing History
IRS 990 filing history for Nevada Rock Art Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Nevada Rock Art Foundation's revenue has declined by 98.5%, moving from $272K to $4K. Total assets decreased by 72.1% over the same period, from $108K to $30K. Total functional expenses fell by 95%, from $195K to $10K. In its most recent filing year (2019), Nevada Rock Art Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $6K in liabilities against $30K in assets (debt-to-asset ratio: 19.1%), resulting in net assets of $24K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $4K | $10K | $30K | $6K | — | View 990 |
| 2018 | $23K | $67K | $43K | $10K | — | View 990 |
| 2017 | $97K | $86K | $98K | $9K | — | View 990 |
| 2016 | $42K | $79K | $108K | $10K | — | View 990 |
| 2015 | $79K | $93K | $162K | $13K | — | View 990 |
| 2014 | $146K | $116K | $176K | $14K | — | View 990 |
| 2013 | $197K | $148K | $148K | $10K | — | View 990 |
| 2012 | $133K | $148K | $98K | $8K | — | View 990 |
| 2011 | $272K | $195K | $108K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $4K, expenses of $10K, and assets of $30K (revenue -82.3% year-over-year).
- 2018: Revenue of $23K, expenses of $67K, and assets of $43K (revenue -75.9% year-over-year).
- 2017: Revenue of $97K, expenses of $86K, and assets of $98K (revenue +130.5% year-over-year).
- 2016: Revenue of $42K, expenses of $79K, and assets of $108K (revenue -46.8% year-over-year).
- 2015: Revenue of $79K, expenses of $93K, and assets of $162K (revenue -45.6% year-over-year).
- 2014: Revenue of $146K, expenses of $116K, and assets of $176K (revenue -26.0% year-over-year).
- 2013: Revenue of $197K, expenses of $148K, and assets of $148K (revenue +47.3% year-over-year).
- 2012: Revenue of $133K, expenses of $148K, and assets of $98K (revenue -50.9% year-over-year).
- 2011: Revenue of $272K, expenses of $195K, and assets of $108K.
Data Sources and Methodology
This transparency report for Nevada Rock Art 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.