Silver State Education Foundation
Nonprofit profile at a glance
- EIN
- 921235018
- IRS 990 coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2022
- Location
- Las Vegas, NV, US
- Phone
- 702-271-6078
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $302,277
- Expenses
- $313,823
- Assets
- $10,199
- Liabilities
- $16,194
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JEFFREY GEIHS (CHIEF EXECUTIVE OFFICER)
- BRIDGET BILBRAY-PHILLIPS (ACTING PRESIDENT)
Highest reported compensation
- JEFFREY GEIHS (CHIEF EXECUTIVE OFFICER): $55,500 total reported compensation
- BRIDGET BILBRAY-PHILLIPS (ACTING PRESIDENT): $37,000 total reported compensation
- LOU MARKOUZIS (CHAIRMAN OF THE BOARD): $4,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To strengthen our education system by recruiting high-quality candidates from Nevada high schools and developing them into our state’s next generation of teachers.
What it reported doing in 2024
Recruitment of Students: Sergeant Major Gary Schoolfield (career coach) worked extensively with the Canyon Springs staff to finalize the identification of the first cohort. Working in collaboration with the Canyon Springs High School CTE Teachind and Training Program, students were place in six credits of university-level coursework in the fall. Training on using the Empower Planner tool was provided in September, and students began using the journaling tool. The Career Coach began meeting with students in August to provide them with academic guidance. Weekly meetings began in September and provided students with continuous academic coaching and support. Numberous meeting were held with the career coach, SSEF staff, Canyon Springs High School staff, and and leadership from UNLV to ensure proper program implementation. AN MOU was created with SSEF and CCSD, and all required collateral materials were submitted. Students enrolled in six university credits for the spring semester. Recruitment materials for Cohort 1 retention were developed, and parent/student conferences scheduled for January 2025. Materials for Cohort 2 were revised and utilized in January recruitment presentations. the fall survey and grade analysis were disaggregated and submitted to CNLV in October.
Operating model
- Revenue model
- Donor-supported. 65% 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 - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 83
- Accountability: 82
- Sustainability: 17
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.6%; rating input score 75
- Program expense ratio: 71.9%; rating input score 72
- Fundraising efficiency: $29.67 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.8%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 1.59; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 30.9%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 57.7% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 47.8% per year; rating input score 100; 96th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 74.6% of revenue deployed · 71.9% of spending went to programs
- Governance: 5 of 5 board members independent · 5 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $226K in reported program spending
- Leadership: top reported pay $56K · 7 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 6 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.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 10/100.