Nevada School of Inquiry

Nonprofit profile at a glance

EIN
873037778
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-EZ 2022
Location
Las Vegas, NV, USA
Phone
7025348339
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$352,589
Expenses
$296,050
Assets
$39,054
Liabilities
$166,215

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Sherry Pendleton (Board President)

Highest reported compensation

  • Christina Threeton (Director): $52,745 total reported compensation
  • Eric Threeton (Director): $52,695 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nevada School of Inquiry provides an environment that inspires students in grades 6-8 to follow their passions through inquiry, exploration, and wonder, cultivating the next generation of well-rounded, confident problem solvers.

What it reported doing in 2025

Program Service 1 - Core Instructional Program Our service is schooling for grades 6-8. This program is the presentation of formal instruction, consisting of 180 days of instruction. NatureBridge, a mandatory environmental science and outdoor education experience, is integrated into the curriculum throughout the year as a culminating application of the year's coursework. Nevada School of Inquiry bases its success on two formal measures. The first measure is through IXL, which gives us an overview of academic growth of students. We have seen an average of 2 years academic growth via the 2025-2026 school year IXL diagnostic. Our second measure is our student and family survey (separate surveys), in which we receive meets or exceeds expectations in every question asked.

Operating model

Revenue model
Other-operating. 94% of the money available for current operations came from other operating revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 90
  • Accountability: 66
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84%; rating input score 84
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 20th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 4.26; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 35.6%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 8.8% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 43.8% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 61.4% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 84% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 5 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $296K in reported program spending
  • Leadership: top reported pay $53K · 5 people listed
  • Consistency: 39 of 39 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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 — Sustainability: Total-asset coverage ratio scored 9/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.