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Nonprofiteer
← NEVADA COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by NEVADA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$36,650,798
Total expenses
$20,540,529
Contributions and grants received
$18,300,716
Grants paid
$17,585,939
Program service revenue
$96,567
Investment income
$18,240,136
Other revenue
$13,379
Total assets, end of year
$253,451,938
Total liabilities, end of year
$3,316,505
Net assets or fund balances, end of year
$250,135,433
Program services expenses (Part IX)
$19,356,355
Management and general expenses
$1,058,145
Fundraising expenses
$126,029
Program service expenses (Part III)
$19,356,355

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $18,300,716

  • 1g · Noncash contributions included above

    $14,415,247

  • 2a · Program service revenue: ADMINISTRATIVE FEE REVENUE

    total $96,567 · related or exempt $96,567

  • 3 · Investment income

    total $9,660,513 · excluded $9,660,513

  • 7a · Gross sales of assets other than inventory

    securities $101,046,848

  • 7b · Less cost or other basis and sales expenses

    securities $92,467,225

  • 7c · Gain or loss

    securities $8,579,623

  • 7d · Net gain or loss

    total $8,579,623 · related or exempt $8,579,623

  • 11a · Other revenue: OTHER INCOME

    total $13,379 · excluded $13,379

  • 11e · Other revenue, total

    $13,379

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $17,296,956 · program services $17,296,956

  • 2 · Grants to domestic individuals

    total $108,800 · program services $108,800

  • 3 · Grants to foreign organizations and individuals

    total $180,183 · program services $180,183

  • 5 · Compensation of officers, directors and key employees

    total $593,914 · program services $322,418 · management and general $255,136 · fundraising $16,360

  • 7 · Other salaries and wages

    total $253,415 · program services $130,937 · management and general $115,756 · fundraising $6,722

  • 8 · Pension plan contributions

    total $43,699 · program services $30,663 · management and general $11,578 · fundraising $1,458

  • 9 · Other employee benefits

    total $21,699 · program services $15,225 · management and general $5,747 · fundraising $727

  • 10 · Payroll taxes

    total $48,040 · program services $23,949 · management and general $22,829 · fundraising $1,262

  • 11b · Fees: legal

    total $139,516 · program services $2,745 · management and general $136,771

  • 11c · Fees: accounting

    total $101,851 · program services $21,000 · management and general $80,851

  • 11d · Fees: lobbying

    total $6,000 · program services $6,000

  • 11f · Fees: investment management

    total $838,052 · program services $838,052

  • 11g · Fees: other

    total $335,124 · program services $180,855 · management and general $87,839 · fundraising $66,430

  • 12 · Advertising and promotion

    total $46,619 · program services $20,538 · management and general $2,830 · fundraising $23,251

  • 13 · Office expenses

    total $89,762 · program services $43,859 · management and general $45,903

  • 14 · Information technology

    total $122,233 · program services $16,025 · management and general $98,596 · fundraising $7,612

  • 16 · Occupancy

    total $53,542 · program services $180 · management and general $53,362

  • 19 · Conferences, conventions and meetings

    total $147,693 · program services $117,970 · management and general $27,516 · fundraising $2,207

  • 22 · Depreciation, depletion and amortization

    total $19,341 · management and general $19,341

  • 23 · Insurance

    total $27,282 · management and general $27,282

  • 24a · Other expenses: INCOME TAX EXPENSE

    total $66,808 · management and general $66,808

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,566,236 · end of year $1,664,576

  • 2 · Savings and temporary cash investments

    beginning of year $3,103,897 · end of year $11,682,901

  • 3 · Pledges and grants receivable

    beginning of year $12,434,286 · end of year $15,866,635

  • 4 · Accounts receivable

    beginning of year $371,164 · end of year $109,806

  • 10a · Land, buildings and equipment: cost or other basis

    $57,621

  • 10b · Land, buildings and equipment: accumulated depreciation

    $44,533

  • 10c · Land, buildings and equipment, net

    beginning of year $32,429 · end of year $13,088

  • 11 · Investments: publicly traded securities

    beginning of year $210,597,350 · end of year $223,225,069

  • 12 · Investments: other securities

    beginning of year $203,997 · end of year $260,304

  • 15 · Other assets

    beginning of year $279,452 · end of year $629,559

  • 17 · Accounts payable and accrued expenses

    beginning of year $136,823 · end of year $510,813

  • 18 · Grants payable

    beginning of year $2,248,067 · end of year $1,951,005

  • 25 · Other liabilities

    beginning of year $1,090,031 · end of year $854,687

  • 27 · Net assets without donor restrictions

    beginning of year $141,135,040 · end of year $145,262,918

  • 28 · Net assets with donor restrictions

    beginning of year $83,978,850 · end of year $104,872,515

Mission and programs · 2024

Mission

OUR MISSION IS TO STEWARD OUR DONORS' CHARITABLE GIVING, NOW AND FOR GENERATIONS TO COME AND TO PROVIDE LEADERSHIP, VISION AND IMPACTFUL COMMUNITY INVESTMENT FOR SOUTHERN NEVADA.

  • THE PRIMARY PROGRAM EXPENSE OF THE FOUNDATION CONSISTS OF ITS STEWARDSHIP OF DONOR FUNDS AND DIRECT FINANCIAL SUPPORT OF OTHER CHARITIES AND CHARITABLE CAUSES. OTHER SUBSTANTIAL ACTIVITIES CLASSIFIED AS PROGRAM EXPENDITURES INCLUDE THE CONVENING OF CHARITIES TO EXAMINE DIFFERENT COMMUNITY ISSUES, THE CREATION AND PUBLICATION OF EDUCATIONAL AND RESOURCE MATERIALS, TECHNICAL AND ORGANIZATIONAL CONSULTING ASSISTANCE TO CHARITIES, AND PUBLIC EDUCATION EFFORTS DESIGNED TO RAISE THE LEVEL OF CHARITABLE GIVING FOR THE BROAD BENEFIT OF ALL NON-PROFITS IN NEVADA.

    Expenses $19,356,355 · Grants $17,585,939 · Revenue $1,300

As filed on the 2024 return.

Listed in Part VII

  • Gian Brosco

    PRESIDENT AN

    Total calculated
    $368,795
    From this org
    $312,105
    From related orgs
    $0
    Other
    $56,690
    Hours/week
    40 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $267,605
    Bonus
    $44,500
    Other
    not reported
    Deferred
    $9,363
    Nontaxable benefits
    $47,327
    Filer's total
    $368,795

  • Beth Farley

    CFO

    Total calculated
    $87,863
    From this org
    $78,405
    From related orgs
    $0
    Other
    $9,458
    Hours/week
    40

  • Geraldine Tomich

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Michael Threet

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tami Hance-Lehr

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Alberto Leon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Lisa Morris-Hibbler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kari Uyehara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • FRONTIER PHILANTHROPY LLC

    CHARITABLE · NV · assets $4,416,776

    Directly controlled by NCF

Provenance

Return type
form_990
Tax year
2024
Filed
22 December 2025
IRS schema version
2024v5.0
Source object
202610229349300311

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