Nevada Press Foundation
- Assets
- $1.2m
- Revenue
- $467.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Carson City, NV
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 88-0411069
Organization Overview
Nevada Press Foundation is located in Carson City, NV. The organization was established in 1999. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Press Foundation 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 12/2021, Nevada Press Foundation generated $467.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $96.2k during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPENED THE RINCKEL MANSION FOR PUBLIC TOURS IN CARSON CITY'S HISTORICAL DISTRICT; RENTED OFFICES IN THE MANSION TO UTILIZE THE BUILDING
JOURNALISM CONTEST TO PROMOTE GOOD JOURNALISM IN NEVADA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherman Frederick Chairman | 0.1 | $0 | |
James Sanford Secretary | 0.1 | $0 | |
Paul Mitchell Trustee | 0.1 | $0 | |
Richard Karpel Executive Director | 0.1 | $30,000 | |
Glenn Cook Vp/treasurer | 0.1 | $0 | |
Ric Anderson Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,191 |
| Dividends & Interest | $1,191 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $432,830 |
| Capital Gain Net Income | $632,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66 |
| Total Revenue | $467,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,080 |
| Depreciation | $17,837 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75,512 |
| Total operating and administrative expenses | $96,179 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $96,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,096,347 |
| Savings and temporary cash investments | $114,263 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,210,610 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |