Las Vegas Children's Hospital Foundation

Nonprofit profile at a glance

EIN
852626772
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Las Vegas, NV, USA
Phone
7025797010
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$25,584
Expenses
$1,508
Assets
$85,030
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • TAMRA PETERSON (VICE PRESIDENT)
  • MEENA VOHRA (PRESIDENT)

People named in this filing

  • PETER TRICE (SECRETARY)
  • ERIC JOHNSON (TREASURER)
  • TAMRA PETERSON (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The las vegas children's hospital foundation's ("lvch") primary purpose is to bring a children's hospital to las vegas. The organization is being created to raise funds to obtain real property and to build a hospital. The building will be leased to a qualified 501(c)(3) children's hospital described in internal revenue code 509(a)(3) and 170(b)(1)(a)(iii) which has yet to be identified. None of the contributions or earnings will be used to inure any private shareholder or individual.

What it reported doing in 2024

Lvch is in in the process of identifying and negotiating a contract with an organization to assist with fundraising activities, but it is very early in the process. They have met with political leaders, fundraisers, medical establisment and etc.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 90
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 94.1%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 56.39; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -24.5% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 10.3% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.