Nevada Preservation Foundation FY2020 filing

Tax-deductible

Las Vegas, NV501(c)(3)EnvironmentEIN 46-3397538Revenue $260K in FY2020

On file with the IRSnevadapreservation.org330 W Washington Ave Ste 106, 89106-3326 · Las Vegas, NVTax-exempt since Feb 2015Publicly supported charity — 170(b)(1)(A)(vi)

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To preserve and revitalize historic buildings and places in Nevada and to cultivate a presence around cultural heritage and tourism.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$16K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $23K a year · 11% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$16K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $150K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$118K
52% of total assets
Fine: liabilities are 52% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$260K
Spent
$234K
To programs
66%
Net assets
$111K
By yearFY2020–FY2024
Revenue
$260K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$260K
FY2021$81K
FY2022$124K
FY2023$307K
FY2024$250K
Expenses
$234K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$234K
FY2021$227K
FY2022$126K
FY2023$290K
FY2024$257K
Net assets
$111K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$111K
FY2021$29K
FY2022$41K
FY2023$58K
FY2024$51K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $155K Management & general 34% · $79K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $16K paid to officers and key staff.

Part VII, Section A · reportable compensation
Former Executive Director
$15,833Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Paige Figanbaum’s $51K as Director is at the 32nd percentile of top reported officer pay among 1989 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2020
Paige Figanbaum$51,417—
Heidi Swank—$15,833
Amy Ramer$12,375—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and revitalizes historic Nevada buildings and places, promoting cultural heritage and tourism.

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Provided by the organization

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1 program · $155K · in their own filed words · FY2020
01

Assisted neighborhoods and municipalities in receiving historic designations for communities and BUILDINGS.HELD a variety of free and low cost events geared toward public education in preservation, including educational programs, films, and lectures combined with heritage tours, social meet ups and community events.

$155Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$150K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$260K
Ln 12
Gifts and grantsLn 1h$236K
Fees for servicesLn 2g$24K
Money outPt IX
$234K
Ln 25
Programscol B$155K
Managementcol C$79K
Owns and owesPt X
$111K
net assets · Ln 32
Cash and savingsLn 1–2$220K
Total assetsLn 16$229K
LiabilitiesLn 26$118K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$236K
Government grantsLn 1e$105K
Noncash giftsLn 1g$7K
Fees for servicesLn 2g$24K
Total revenueLn 12$260K
Assets in detailPt X, end of year
CashLn 1$220K
Cash and savings togetherLn 1–2$220K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$229K
LiabilitiesLn 26$118K
Net assetsLn 32$111K
OperationsPt I, VI
EmployeesI 56
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$46K$220K
Land, buildings, equipmentLn 10c$4K$3K
Total assetsLn 16$92K$229K
LiabilitiesLn 26$7K$118K
Net assetsLn 32$85K$111K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$127K$85K$42K
Other employee benefitsLn 9$300$300
Payroll taxesLn 10$11K$7K$4K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$30K$29K$200
Advertising and promotionLn 12$16K$15K$570
Office expensesLn 13$875$45$830
TravelLn 17$520$507$13
InterestLn 20$87$87
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$6K$3K$2K
Other expenses (24a–d)Ln 24$26K$10K$16K
All other expensesLn 24e$10K$4K$6K
Total functional expensesLn 25$234K$155K$79K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $250K$257K−$7K$51K 990 PDF
FY2023 $307K$290K$17K$58K 990 PDF
FY2022 $124K$126K−$2K$41K 990 PDF
FY2021 $81K$227K−$146K$29K 990 PDF
FY2020 Viewing $260K$234K$26K$111K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $259,897 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $149,653$235,901
I-9 Program service revenuePrior year $74,854$23,996
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $224,507$259,897
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $100,921$137,834
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $141,958$96,047
I-18 Total expensesPrior year $242,879$233,881
I-19 Revenue less expensesPrior year −$18,372$26,016
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $259,897 across 7 lines filed
VIII-1b Membership dues$10,575
VIII-1e Government grants$104,513
VIII-1f All other contributions, gifts and grants$120,813
VIII-1g Noncash contributions (included above)$7,000
VIII-1h Total contributions, gifts and grants$235,901
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,996$23,996
VIII-12 Total revenueRelated to mission $23,996 · Unrelated business $0 · Excluded from tax $0$259,897
Part IX · Statement of functional expenses $233,881 across 13 lines filed
IX-7 Other salaries and wagesPrograms $85,030 · Management $41,783$126,813
IX-9 Other employee benefitsManagement $300$300
IX-10 Payroll taxesPrograms $7,205 · Management $3,516$10,721
IX-11c Accounting feesManagement $5,363$5,363
IX-11g Other fees for servicesPrograms $29,359 · Management $200$29,559
IX-12 Advertising and promotionPrograms $15,497 · Management $570$16,067
IX-13 Office expensesPrograms $45 · Management $830$875
IX-17 TravelPrograms $507 · Management $13$520
IX-20 InterestManagement $87$87
IX-22 Depreciation, depletion and amortizationManagement $1,706$1,706
IX-23 InsurancePrograms $3,403 · Management $2,351$5,754
IX-24 Other expenses (24a–d)Programs $10,169 · Management $16,172$26,341
IX-24e All other expensesPrograms $3,886 · Management $5,889$9,775
IX-25 Total functional expensesPrograms $155,101 · Management $78,780 · Fundraising $0$233,881
Part X · Balance sheet $229,121 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $45,713$219,649
X-4 Accounts receivableStart of year $41,566$6,845
X-10c Land, buildings and equipment, netStart of year $4,333$2,627
X-16 Total assetsStart of year $91,612$229,121
X-17 Accounts payable and accrued expensesStart of year $5,166$5,106
X-25 Other liabilitiesStart of year $1,792$113,345
X-26 Total liabilitiesStart of year $6,958$118,451
X-32 Total net assets or fund balancesStart of year $84,654$110,670
X-33 Total liabilities and net assetsStart of year $91,612$229,121
Part XI · Reconciliation of net assets $110,670 net assets at year end
XI-1 Total revenue$259,897
XI-2 Total expenses$233,881
XI-3 Revenue less expenses$26,016
XI-4 Net assets at start of year$84,654
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$110,670

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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