Nevada Succeeds
Nonprofit profile at a glance
- EIN
- 462812077
- IRS 990 coverage
- 2015–2020
- Forms available
- Form 990 2020
- Location
- Las Vegas, NV, USA
- Phone
- 7023733335
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $231,121
- Expenses
- $128,413
- Assets
- $110,488
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- JEANINE COLLINS (EXECUTIVE DIRECTOR)
Highest reported compensation
- JEANINE COLLINS (EXECUTIVE DIRECTOR): $76,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our membership is united in pursuit of immediate and continuous improvements to the state's education system. We support an ambitious, agressive and comprehensive reform agenda to dramatically increase the college and workforce readiness of all students, and now is the time for bold and decisive action. Our actions and tactics are focused in three areas: (1) inform the business community of the education crisis and opportunities to reform the system; (2) influence the state's education agenda and create the conditions for statewide reform by leveraging the power of the business community; and, (3) improve public education systems by infusing a business-like approach to education reform.
What it reported doing in 2020
Continuing ongoing work of supporting the development of career matrices/ladders & encourage further refining/improvement of professional growth plans by facilitating discussions among/with teachers, administrators & education support professionals; sharing research and best practices from other fields professionalization efforts; providing a platform for organic dialogue about needs in the professioncontinue bringing unions, state legislators, school districts, universities & other education professionals together to design a career matrix system of teaching standards & expectations supported by robust professional growth opportunities.
Operating model
- Revenue model
- Donor-supported. 100% 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Accountability: 69
- Sustainability: 61
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.6%; rating input score 56
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 44.4%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 59.2%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -24% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -18.2% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 33.7% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 55.6% of revenue deployed · 100% of spending went to programs
- Governance: 8 of 8 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $128K in reported program spending
- Leadership: top reported pay $76K · 1 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 6 filing years from 2015 to 2020
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.