Civic Intelligence

Gifted and Talented Educational School

990 • Fiscal year 2022 • EIN 81-0755251

Jul 01, 2021 to Jun 30, 2022 • Filed on Apr 10, 2023

3695 Lindell RoadLas Vegas, NV 89103

(702) 896-8000

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$804,280

Up $428,478 (+114%) from 2021

Net Assets

Up

$696,221

Up $515,631 (+286%) from 2021

Liabilities

Down

$108,059

Down $87,153 (-45%) from 2021

Revenue And Expenses

Revenue

Up

$1,406,087

Up $623,103 (+80%) from 2021

Expenses

Up

$901,807

Up $150,699 (+20%) from 2021

Net Income

Up

$504,280

Up $472,404 (+1482%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2016: $8,143Liabilities 2016: $4,749Net Assets 2016: $3,3942016Assets 2017: $148,340Liabilities 2017: $0Net Assets 2017: $148,3402017Assets 2018: $175,559Liabilities 2018: $3,572Net Assets 2018: $171,9872018Assets 2019: $323,261Liabilities 2019: $57,057Net Assets 2019: $266,2042019Assets 2020: $266,204Liabilities 2020: $0Net Assets 2020: $266,2042020Assets 2021: $375,802Liabilities 2021: $195,212Net Assets 2021: $180,5902021Assets 2022: $876,391Liabilities 2022: $157,936Net Assets 2022: $718,4552022Assets 2022: $804,280Liabilities 2022: $108,059Net Assets 2022: $696,2212022Assets 2023: $791,965Liabilities 2023: $50,574Net Assets 2023: $741,3912023Assets 2024: $970,310Liabilities 2024: $127,519Net Assets 2024: $842,7912024

Highlighted filing

2022

Assets$804,280
Liabilities$108,059
Net Assets$696,221

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2016: $148,511Expenses 2016: $145,117Net Income 2016: $3,3942016Revenue 2017: $469,540Expenses 2017: $324,594Net Income 2017: $144,9462017Revenue 2018: $559,515Expenses 2018: $535,868Net Income 2018: $23,6472018Revenue 2019: $778,528Expenses 2019: $684,311Net Income 2019: $94,2172019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $782,984Expenses 2021: $751,108Net Income 2021: $31,8762021Revenue 2022: $1,688,923Expenses 2022: $1,150,191Net Income 2022: $538,7322022Revenue 2022: $1,406,087Expenses 2022: $901,807Net Income 2022: $504,2802022Revenue 2023: $1,148,300Expenses 2023: $1,103,130Net Income 2023: $45,1702023Revenue 2024: $1,321,945Expenses 2024: $1,190,267Net Income 2024: $131,6782024

Highlighted filing

2022

Revenue$1,406,087
Expenses$901,807
Net Income$504,280
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 10, 2023
Return Version
2021v4.0
Gross Receipts
$1,406,087
Mission and Program Overview

Mission

The nasri academy for gifted children is committed to providing an engaging, stimulating, and nurturing environment where the intellectual, academic, social, emotional, and physical needs of students are met in order to produce ethical world citizens. Through a curriculum that includes creativity, depth, complexity, and differentiation students foster academic excellence and lifelong learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$66,673$471,637▲ $404,964
Cash and Non-Interest-Bearing Accounts$304,624$332,024▲ $27,400
Accounts Receivable$4,505--
Prepaid Expenses and Deferred Charges-$619-
Total Assets$375,802$804,280▲ $428,478
Liabilities
Unsecured Notes Loans Payable$159,613--
Accounts Payable and Accrued Expenses$27,594$107,559▲ $79,965
Deferred Revenue$8,005$500▼ $7,505
Total Liabilities$195,212$108,059▼ $87,153
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$180,590$696,221▲ $515,631
Total Net Assets Fund Balance$180,590$696,221▲ $515,631
Total Liabilities and Net Assets / Fund Balance$375,802$804,280▲ $428,478

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$433,426$11,311$444,737
Equipment$19,323$6,661$25,984
Leasehold Improvements$18,888$6,512$25,400
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bita Salimian-nasriPresident
Arturo OchoaDirector
Brandy White ElkDirector
Chris MolinaDirector
Dr Aditi SanatiniaDirector
Jason StuhmerDirector
Zar ZanganehDirector
Alyssa FormeisterSecretary
Joyce DayTreasurer
Ron MontoyaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$774,295
Program Service Revenue
$630,998
Investment Income
$794
Other Revenue
$0
All Other Contributions
$614,682
Change in Net Assets
$504,280
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$476,878
Other Expenses$424,929
Total Fundraising Expense$7,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$390,393$43,377-$433,770
Occupancy$154,220$17,136-$171,356
Fees for Services Other$100,923$6,030-$106,953
Insurance$44,932$4,992-$49,924
Payroll Taxes$38,797$4,311-$43,108
Office Expenses-$24,930-$24,930
Depreciation Depletion$20,012--$20,012
Advertising--$7,462$7,462
Fees for Services Accounting-$3,540-$3,540
Other Expenses$1,766$1,548-$1,548
All Other Expenses$1,021--$1,021
Interest-$373-$373
Travel-$273-$273
Total Functional Expenses$787,835$106,510$7,462$901,807
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bita NasriPresidentRentNo$84,960
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Chris molina bita nasri director president in-laws

Form 990, Page 6, Part VI, Line 11B

The board receives and reviews a copy of the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Board members are required to disclose any conflicts of interest annually.

Form 990, Page 6, Part VI, Line 19

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Gifted and Talented Educational
EIN
81-0755251
Address
3695 LINDELL ROAD, LAS VEGAS, NV 89103
Doing Business As
Nasri Academy for Gifted Children

Signing Officer

Name
Bita Salimian-nasri
Title
President
Signed
2023-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bita Salimian-nasri
Formed
2016
Legal Domicile
Nv
Voting Board Members
10
Independent Board Members
9
Employees
14
Volunteers
9

Preparer

Firm
Houldsworth Russo & Company Pc
Address
8675 S EASTERN AVE STE A, LAS VEGAS, NV 89123-2839
Preparer
Jessica P Sayles
Phone
7022699992
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

Amendment necessary due to changes in financial reporting calculations.

FORM 990 - ORGANIZATION'S MISSION

The nasri academy for gifted children is committed to providing an engaging, stimulating, and nurturing environment where the intellectual, academic, social, emotional, and physical needs of students are met in order to produce ethical world citizens. Through a curriculum that includes creativity, depth, complexity, and differentiation students foster academic excellence and lifelong learning.

Form 990, Part IX, Line 11G

Hr consultants 0 6,030 0 contract labor 100,923 0 0 total 100,923 6,030 0

Form 990, Part XI, Line 9

Prior period adjustment 11,351

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IRS990ScheduleD/EquipmentGrp/BookValueAmt019323
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06661
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt025984
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018888
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06512
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt025400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0433426
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011311
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0444737
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0471637
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE NONDISCRIMINATION POLICY IS AVAILABLE ON THE WEBSITE AND ALL SCHOOL-RELATED PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0BITA NASRI
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt084960
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0TUITION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt028913
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0BITA NASRI
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0FOUNDER
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIP FOR CHILDREN
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0BITA NASRI, PRESIDENT, OWNS THE BUILDING WHERE THE SCHOOL IS LOCATED. THE RENT IS 7,080 PER MONTH AND THE SCHOOL BEGAN THEIR OCCUPANCY IN JULY 2019.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMENDMENT NECESSARY DUE TO CHANGES IN FINANCIAL REPORTING CALCULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NASRI ACADEMY FOR GIFTED CHILDREN IS COMMITTED TO PROVIDING AN ENGAGING, STIMULATING, AND NURTURING ENVIRONMENT WHERE THE INTELLECTUAL, ACADEMIC, SOCIAL, EMOTIONAL, AND PHYSICAL NEEDS OF STUDENTS ARE MET IN ORDER TO PRODUCE ETHICAL WORLD CITIZENS. THROUGH A CURRICULUM THAT INCLUDES CREATIVITY, DEPTH, COMPLEXITY, AND DIFFERENTIATION STUDENTS FOSTER ACADEMIC EXCELLENCE AND LIFELONG LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHRIS MOLINA BITA NASRI DIRECTOR PRESIDENT IN-LAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD RECEIVES AND REVIEWS A COPY OF THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HR CONSULTANTS 0 6,030 0 CONTRACT LABOR 100,923 0 0 TOTAL 100,923 6,030 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT 11,351
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0375802
IRS990/TotalAssetsEOYAmt0804280
IRS990/TotalAssetsGrp/BOYAmt0375802
IRS990/TotalAssetsGrp/EOYAmt0804280
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0774295
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07462
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0787835
IRS990/TotalFunctionalExpensesGrp/TotalAmt0901807
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0195212
IRS990/TotalLiabilitiesEOYAmt0108059
IRS990/TotalLiabilitiesGrp/BOYAmt0195212
IRS990/TotalLiabilitiesGrp/EOYAmt0108059
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0180590
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0696221
IRS990/TotalProgramServiceExpensesAmt0787835
IRS990/TotalProgramServiceRevenueAmt0630998
IRS990/TotalRevenueGrp/ExclusionAmt0794
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0630998
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01406087
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0375802
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0804280
IRS990/TravelGrp/ManagementAndGeneralAmt0273
IRS990/TravelGrp/TotalAmt0273
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0159613
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03695 LINDELL ROAD
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089103
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.NASRIACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BITA SALIMIAN-NASRI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GIFTED AND TALENTED EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0GIFT
ReturnHeader/Filer/EIN0810755251
ReturnHeader/Filer/USAddress/AddressLine1Txt03695 LINDELL ROAD
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0880374623

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