Nami Southern Nevada

Nonprofit profile at a glance

EIN
942922504
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-EZ 2019, Form 990-N 2018
Location
Las Vegas, NV, USA
Phone
7028909729
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$801,825
Expenses
$892,420
Assets
$529,833
Liabilities
$48,516

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

Leadership & pay

11 people listed

Executive titles in this filing

  • DR SHELDON JACOBS (PRESIDENT)
  • BACHTRINH DANG (EXECUTIVE DIRECTOR)

Highest reported compensation

  • BACHTRINH DANG (EXECUTIVE DIRECTOR): $95,338 total reported compensation

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

Overview

Mission

Our mission is to improve quality of life by increasing awareness and reducing stigma surrounding mental health conditions through support, education, and advocacy.

What it reported doing in 2024

Nami southern Nevada is part of a national network and is one out of over 600 grassroots mental health nonprofits in the united states, dedicated to building better lives for millions of americans affected by mental health conditions. Nami southern Nevada offers support, education, advocacy, and public awareness to help individuals and families impacted by mental health challenges. In 2024, nami southern Nevada supported the community through 1,356 helpline contacts, 168 support groups with a total of 1,669 touch points and 132 wellness events and workshops with 1,534 touch points. We've educated individuals through 65 presentations and training with 1,493 touch points. We've provided outreach with 1,170 encounters at 50 events. Nami southern Nevada continues to support, educate and advocate for families and peers impacted by mental health conditions with services with a total of 400 activities and 7,835 touch points in 2024. In 2024, nami southern Nevada expanded outreach to diverse communities by introducing spanish family support groups and youth support groups, creating new spaces for connection and culturally responsive support. Our ongoing focus on wellness education and peer workforce development has strengthened recovery-oriented services and increased access for families across southern Nevada.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.4%; rating input score 88
  • Program expense ratio: 79.4%; rating input score 79
  • Fundraising efficiency: $17.34 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.3%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 43.6% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 16.9% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 16.1% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 88.4% of revenue deployed · 79.4% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $709K in reported program spending
  • Leadership: top reported pay $95K · 11 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 6 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.