Nevada Professional Engineers Foundation Inc
Nonprofit profile at a glance
- EIN
- 942978625
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Las Vegas, NV, USA
- Phone
- 7028386328
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $37,576
- Expenses
- $28,647
- Assets
- $140,172
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Robert Thomsen (Chairman, Board of Trustees)
- Martin Jensen (Vice-Chair & Trustee)
- Robert Aytes (Auditor & Trustee)
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 Primary exempt purpose of the Nevada Professional Engineers Foundation, Inc. is: 1. The granting of scholarships, providing guidance, and by other means assisting worthy students to obtain instruction and training in engineering and higher education. 2. The instruction of public and dissemination of engineering information beneficial to the interested public. 3. The conduct and support of programs for education in mathematics, engineering and scientific subjects.
What it reported doing in 2024
Order of the Engineer: The Order of the Engineer (order-of-the-engineer.org) is not a membership organization, but is designed, "...to foster a spirit of pride and responsibility in the engineering profession, to bridge the gap between training and experience, and to present to the public a visible symbol identifying the engineer."
Operating model
- Revenue model
- Donor-supported. 69% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 69% for direct work, and 31% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.3%; rating input score 76
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.8%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 4.89; rating input score 84; 84th 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: 8.8% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: -4.8% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 76.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $29K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2014 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.