First Nv
- Assets
- $2.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/2012
- Data as of
- 06/2024
- EIN
- 54-2189144
Organization Overview
First Nv is located in Las Vegas, NV. The organization was established in 2012. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First NV is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, First NV generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $1.6m during the year ending 06/2024. While expenses have increased by 22.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPMENT OF PROGRAMS AND COMMUNITY FUNDS TO ENSURE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATIC OPPORTUNITIES FOR NEVADA STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION AND DEVELOPMENT OF STATEWIDE EDUCATIONAL PROGRAMS, COMMUNITY FUNDS, AND TOURNAMENTS TO PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS OPPORTUNITIES FOR NEVADA STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Quick Ed/regional | Officer | 40 | $84,000 |
Jean Hoppert President | OfficerTrustee | 11.5 | $0 |
Paul Dixon Vice Preside | OfficerTrustee | 1 | $0 |
Stacey Duffy Treasurer | OfficerTrustee | 3.4 | $0 |
Kate Timmers Secretary | OfficerTrustee | 0.5 | $0 |
Kim Womack Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,013,796 |
| All other contributions, gifts, grants, and similar amounts not included above | $560,487 |
| Noncash contributions included in lines 1a–1f | $2,662 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,574,283 |
| Total Program Service Revenue | $47,424 |
| Investment income | $36,989 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,662,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,000 |
| Compensation of current officers, directors, key employees. | $28,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $432,333 |
| Advertising and promotion | $0 |
| Office expenses | $31,632 |
| Information technology | $66 |
| Royalties | $0 |
| Occupancy | $102,328 |
| Travel | $26,737 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,255 |
| Interest | $0 |
| Payments to affiliates | $64,829 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,924 |
| All other expenses | $0 |
| Total functional expenses | $1,626,372 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $880,951 |
| Savings and temporary cash investments | $1,479,810 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,360,761 |
| Accounts payable and accrued expenses | $67,141 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $67,141 |
| Net assets without donor restrictions | $854,324 |
| Net assets with donor restrictions | $1,439,296 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,360,761 |
Grants Awarded
Over the last fiscal year, First Nv has awarded $181,721 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST PURPOSE: Science prog. | $121,721 |
FIRST PURPOSE: Fundraising stipend | $60,000 |