Leadership Foundation Of Greater Las Vegas Inc
- Assets
- $364.3k
- Revenue
- $624.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 02/1996
- Data as of
- 12/2023
- EIN
- 88-0344399
Organization Overview
Leadership Foundation Of Greater Las Vegas Inc is located in Las Vegas, NV. The organization was established in 1996. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Foundation Of Greater Las Vegas Inc 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 12/2023, Leadership Foundation Of Greater Las Vegas Inc generated $624.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $564.7k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LEADERSHIP FOUNDATION OF GREATER LAS VEGAS, INC. IS TO BUILD SOUTHERN NEVADA COMMUNITY'S CAPACITY TO LEAD, EDUCATE AND DEVELOP TALENT. THE FOUNDATION OFFERS SIGNATURE PROGRAMS THAT CULTIVATE BUSINESS AND COMMUNITY LEADERS AT EVERY STAGE OF THEIR DEVELOPMENT AND CAREER AND IS DEDICATED TO MAKING SOUTHERN NEVADA AND INCOMPARABLE DESTINATION FOR BUSINESS LEADERS, ENTREPRENEURS AND TODAY'S MOST PROMISING TALENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP PROGRAMS - TO BUILD THE LEADERSHIP CAPACITY OF THE COMMUNITY BY PROVIDING EMERGING AND EXPERIENCED BUSINESS LEADERS WITH EXCEPTIONAL EDUCATION, SKILLS DEVELOPMENT AND VOLUNTEER OPPORTUNITIES.
VEGAS YOUNG PROFESSIONALS - TO CULTIVATE FUTURE BUSINESS AND COMMUNITY LEADERS BY PROVIDING YOUNG PROFESSIONALS OUTSTANDING EDUCATION AND SKILLS DEVELOPMENT OPPORTUNITIES WHILE CONNECTING THEM TO CAREER-ENHANCING PROFESSIONAL AND COMMUNITY NETWORKS.
FOCUS LAS VEGAS - TO PROVIDE SOUTHERN NEVADA BUSINESS LEADERS THE OPPORTUNITY TO DIVE INTO TIMELY, RELEVANT TOPICS OF INTEREST TO THE BUSINESS COMMUNITY. THE PROGRAM PROVIDES ONE AND TWO DAY SESSIONS THAT GIVE PARTICIPANTS AN OPPORTUNITY TO GAIN PERSPECTIVES ON ISSUES AND CURRENT AFFAIRS THAT AFFECT THE LAS VEGAS COMMUNITY. FOCUS LAS VEGAS CREATES A BETTER UNDERSTANDING OF THE OPPORTUNITIES AND CHALLENGES WITHIN THE SOUTHERN NEVADA COMMUNITY. IT GIVES PARTICIPANTS A SOLID FOUNDATION OF COMMUNITY ENRICHMENT AND INVOLVEMENT, EMPOWERING THEM TO ADDRESS ISSUES, ADVANCE THEIR KNOWLEDGE AND ACTIVATE THEIR ROLE AS A LEADER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Beth Sewald Board Member | Trustee | 0.5 | $0 |
Cara Hansen Clarke Exec Director | Officer | 10 | $30,354 |
Lori Nelson-Kraft President | OfficerTrustee | 0.5 | $0 |
Ryder Donohue Board Member | OfficerTrustee | 0.5 | $0 |
Larry Singer Board Member | OfficerTrustee | 0.5 | $0 |
Gordon Absher Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,485 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,485 |
| Total Program Service Revenue | $480,572 |
| Investment income | $0 |
| 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 | $624,057 |
| 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. | $30,354 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $151,582 |
| Pension plan accruals and contributions | $3,409 |
| Other employee benefits | $20,844 |
| Payroll taxes | $16,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,390 |
| Advertising and promotion | $3,188 |
| Office expenses | $29,449 |
| Information technology | $3,166 |
| Royalties | $0 |
| Occupancy | $17,064 |
| Travel | $144 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,980 |
| All other expenses | $0 |
| Total functional expenses | $564,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,128 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $84,112 |
| Accounts receivable, net | $18,095 |
| 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 | $364,335 |
| Accounts payable and accrued expenses | $3,216 |
| Grants payable | $0 |
| Deferred revenue | $157,730 |
| 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 | $86,587 |
| Total liabilities | $247,533 |
| Net assets without donor restrictions | $116,802 |
| Net assets with donor restrictions | $0 |
| 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 | $364,335 |