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Nonprofit profile at a glance
- EIN
- 934031832
- IRS 990 coverage
- 2024–2025
- Forms available
- Form 990 2025, Form 990-EZ 2023
- Location
- Las Vegas, NV, USA
- Phone
- 7027910000
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $60,479
- Expenses
- $96,568
- Assets
- $283,217
- Liabilities
- $40,123
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- RYAN ERWIN (PRESIDENT)
Highest reported compensation
- ELIZABETH BETSY FRETWELL (TREASURER): $391,021 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To communicate and collaborate with lvgea to support its charitable initiatives, mission and goals, including charitable economic development activities and education activities to attract new investment, business, and jobs to the region to reduce poverty and relieve the burden of government.
What it reported doing in 2025
To conduct area economic and familiarization tours (tours) for potential businesses to explore and familiarize themselves with clark county, Nevada and to lead regional educational efforts at local and national trade shows and conferences in targeted industry verticals. Tours focus on inviting businesses that will help diversify southern Nevada's economy. Tour participants will learn information about the area's economic potential, key industries, workforce, infrastructure, quality of life amenities, available resources, and incentives for businesses. Participants will also engage in activities such as site visits, roundtables, and meet and greets. Conference and trade show activities include sharing information about the region's opportunities for business investment and promoting our assets to attract new jobs to the community.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 79
- Accountability: 65
- Sustainability: 27
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.8%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 24th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -59.7%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 2.93; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: -129.2% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 80.3% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.8% of spending went to programs
- Governance: 2 of 3 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $94K in reported program spending
- Leadership: top reported pay $391K · 3 people listed · 2 of 6 pay-setting controls reported
- Consistency: 16 of 16 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 23/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 15/100.