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Nevada Foundation

Tax-deductible

Nevada, IA501(c)(3)Community Development EIN 83-4317357Revenue $276K in FY2024Latest return filed Nov 17, 2025

On file with the IRSnevadaiowafoundation.org1209 6th St, 50201-1536 · Nevada, IATax-exempt since May 2024Publicly supported charity — 170(b)(1)(A)(vi)

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In 2019, the Nevada Foundation will begin an effort to support many causes in our community. Seasons of giving will provide the community the opportunity to contribute to the cause they are passionate about. Helping hands will focus on clothing, food insecurity and shelter. Building Nevada will focus on community beautification & revitalization, arts & recreation and essential services. Capturing kids' hearts will focus on student assistance, childcare and student development. Preserving our past will focus on historical rehabilitation, historical recognition and storytelling. Development of the above programs continue into future years. 2019 is the first year and many of these programs have yet to be developed.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 200 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $16K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$276K
Spent
$712K
To programs
100%
Net assets
$1.5M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Exemption reinstated (2022-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in May 2024.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $712K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Marty Chitty
Director
$0Pt VII · Sec A
Sara Clausen
Director
$0Pt VII · Sec A
Jordan Cook
Director
$0Pt VII · Sec A
Brenda Dryer
Director
$0Pt VII · Sec A
Steve Gray
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Brian Hanson
Director
$0Pt VII · Sec A
See Nevada Foundation executive salaries →

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 15aNo

Programs and updates

Supports diverse community causes through clothing, food, shelter, beautification, arts, student aid, and historical preservation.

Questions for Nevada Foundation

Tap to ask. Nevada Foundation sees how many people are interested.

Your first name shows with your question. Nevada Foundation answers here, for everyone.

1 program · $712K · in their own filed words · FY2024
01

Human services fund in partnership with the city of nevada this foundation supports the efforts of non-profits in addressing basic human needs in the city of nevada, iowa, including food, clothing, and shelter.

$712Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Fidelity Investments Charitable Gift FundFY2024$10K
Kinney-Lindstrom Foundation INCFY2024$5K
Hormel Foods Corporation Charitable TrustFY2024$1K
Total grants receivedfrom 3 funders$16K
See all 3 funders →
Grants paid · 4 grants · $530K · 2024–2024
City of Nevada FieldhouseFY2024$500,000
Nevada SchoolsFY2024$18,000
St Patricks ChurchFY2024$6,000
Individual RecipientFY2024$6,000

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$276K
Ln 12
Gifts and grantsLn 1h$251K
Investment incomeLn 3$25K
Money outPt IX
$712K
Ln 25
Programscol B$712K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$1.5M
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$251K
Investment incomeLn 3$25K
Total revenueLn 12$276K
Assets in detailPt X, end of year
CashLn 1$117K
Cash and savings togetherLn 1–2$117K
Other assetsLn 15$1.4M
Total assetsLn 16$1.5M
LiabilitiesLn 26$0
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$78K$117K
Total assetsLn 16$2.0M$1.5M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.0M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$554K$554K
Office expensesLn 13$413$413
Other expenses (24a–d)Ln 24$157K$157K
Total functional expensesLn 25$712K$712K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $276K$712K−$436K$1.5M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $276,302 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $210,565$251,191
I-9 Program service revenue$0
I-10 Investment income$25,111
I-11 Other revenue$0
I-12 Total revenuePrior year $210,565$276,302
I-13 Grants and similar amounts paid$554,061
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $188,472$157,871
I-18 Total expensesPrior year $188,472$711,932
I-19 Revenue less expensesPrior year $22,093−$435,630
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $276,302 across 5 lines filed
VIII-1a Federated campaigns$188,191
VIII-1f All other contributions, gifts and grants$63,000
VIII-1h Total contributions, gifts and grants$251,191
VIII-3 Investment incomeRelated to mission $25,111$25,111
VIII-12 Total revenueRelated to mission $25,111$276,302
Part IX · Statement of functional expenses $711,932 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $554,061$554,061
IX-13 Office expensesPrograms $413$413
IX-24 Other expenses (24a–d)Programs $157,458$157,458
IX-25 Total functional expensesPrograms $711,932 · Management $0 · Fundraising $0$711,932
Part X · Balance sheet $1,535,627 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $77,868$117,128
X-15 Other assetsStart of year $1,893,389$1,418,499
X-16 Total assetsStart of year $1,971,257$1,535,627
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $77,868$117,128
X-28 Net assets with donor restrictionsStart of year $1,893,389$1,418,499
X-32 Total net assets or fund balancesStart of year $1,971,257$1,535,627
X-33 Total liabilities and net assetsStart of year $1,971,257$1,535,627
Part XI · Reconciliation of net assets $1,535,627 net assets at year end
XI-1 Total revenue$276,302
XI-2 Total expenses$711,932
XI-3 Revenue less expenses−$435,630
XI-4 Net assets at start of year$1,971,257
XI-10 Net assets at end of year$1,535,627

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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