Civic Intelligence

Nevada Grantlab

990 • Fiscal year 2021 • EIN 87-2391221

Aug 18, 2021 to Dec 31, 2021 • Filed on Jun 06, 2022

610 S 7th StLas Vegas, NV 89101

(702) 580-6614

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$1,356,046

No earlier filing loaded for comparison.

Net Assets

$1,325,250

No earlier filing loaded for comparison.

Liabilities

$30,796

No earlier filing loaded for comparison.

Revenue

$1,442,815

No earlier filing loaded for comparison.

Expenses

$117,565

No earlier filing loaded for comparison.

Net Income

$1,325,250

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2021: $1,356,046Liabilities 2021: $30,796Net Assets 2021: $1,325,2502021Assets 2022: $5,478,332Liabilities 2022: $104,933Net Assets 2022: $5,373,3992022Assets 2023: $4,775,011Liabilities 2023: $101,260Net Assets 2023: $4,673,7512023Assets 2024: $13,716,751Liabilities 2024: $126,448Net Assets 2024: $13,590,3032024

Highlighted filing

2021

Assets$1,356,046
Liabilities$30,796
Net Assets$1,325,250

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2021: $1,442,815Expenses 2021: $117,565Net Income 2021: $1,325,2502021Revenue 2022: $4,997,469Expenses 2022: $1,234,454Net Income 2022: $3,763,0152022Revenue 2023: $924,224Expenses 2023: $1,705,330Net Income 2023: -$781,1062023Revenue 2024: $10,937,294Expenses 2024: $2,243,669Net Income 2024: $8,693,6252024

Highlighted filing

2021

Revenue$1,442,815
Expenses$117,565
Net Income$1,325,250
Jump To
Filing Snapshot
Filing Period
Aug 18, 2021 to Dec 31, 2021
Signed
Jun 6, 2022
Return Version
2021v4.0
Gross Receipts
$1,442,815
Mission and Program Overview

Mission

Nevada grantlab helps nonprofit and public agencies successfully access and manage federal grants that benefit nevadans and strengthen their organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$700,000-
Savings and Temporary Cash Investments-$549,985-
Cash and Non-Interest-Bearing Accounts-$52,689-
Land, Buildings, and Equipment, Net-$47,060-
Prepaid Expenses and Deferred Charges-$6,312-
Total Assets$0$1,356,046▲ $1,356,046
Liabilities
Accounts Payable and Accrued Expenses-$28,618-
Other Liabilities-$2,178-
Total Liabilities$0$30,796▲ $30,796
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$1,325,250-
Total Net Assets Fund Balance$0$1,325,250▲ $1,325,250
Total Liabilities and Net Assets / Fund Balance$0$1,356,046▲ $1,356,046

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,922$1,863$42,785
Equipment$6,138$361$6,499
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cindy DreibelbisDirector
Tina QuigleyDirector
Stephanie RosolDirector/sec
Miles DicksonCEO & Presid
Revenue and Support

Revenue Composition

Contributions and Grants
$1,442,785
Program Service Revenue
$0
Investment Income
$30
Other Revenue
$0
All Other Contributions
$1,442,785
Change in Net Assets
$1,325,250

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table56$42,785Fair Market Value (FMV)
Total Noncash Contributions56$42,785-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,195
Salaries, Compensation, and Employee Benefits$41,370
Total Fundraising Expense$1,806
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$40,659$4,765-$45,424
Other Salaries and Wages$24,914$3,233-$28,147
Insurance-$8,653-$8,653
Current Officers, Directors, Trustees, and Key Employees$4,500$1,875$1,125$7,500
Occupancy$4,164$1,583$260$6,007
Fees for Services Accounting$1,412$4,450-$5,862
Office Expenses$3,116$1,241$195$4,552
Other Employee Benefits$2,543$396$140$3,079
Payroll Taxes$2,176$382$86$2,644
Depreciation Depletion-$2,224-$2,224
Information Technology-$1,978-$1,978
Travel-$1,495-$1,495
Total Functional Expenses$83,484$32,275$1,806$117,565
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$2,178
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

The president, who is an employee, is a non-voting member of the board. All other board members have equal voting rights.

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

The ceo and board of directors review and approve the from 990 prior to the filing of the form.

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

The organization has a conflict of interest policy articulared in its employee manual and formally approved by the board of directors. Each board member completes an annual disclosure.

Form 990, Page 6, Part VI, Line 15A

The board of directors obtained, reviewed and analyzed data as to comparable compensation packages of similar officers of nonprofit corporations in the area in order to make a determination as to the appropriate compensation for the ceo.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Nevada Grantlab
EIN
87-2391221
Address
610 S 7TH ST, LAS VEGAS, NV 89101

Signing Officer

Name
Miles Dickson
Title
CEO & President
Phone
7025806614
Signed
2022-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Miles Dickson
Formed
2021
Legal Domicile
Nv
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
3

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 - ORGANIZATION'S MISSION

Mission nevada grantlab helps nonprofit and public agencies successfully access and manage federal grants that benefit nevadans and strengthen their organizations. Problem statement federal funding plays a vital role in building resilient, inclusive communities and economies throughout the united states, but not so much here in nevada where we have historically secured among the lowest amounts of federal grant funding in the country, despite having among the highest needs. In fact, nevada ranks 45th nationally in federal grant spending per capita, collecting some 800 less per person per year than the national average (guinn center for policy priorities, may 2021) and forgoes more than half a billion dollars in funding annually (lincy institute, june 2014). Nevada receives among the lowest per capita federal grant spending. As a result, nonprofit and public agencies have much less to invest in community programs and projects (ranging from affordable housing to workforce development), contributing to poor outcomes in child wellbeing, health care, education, and many other human services areas. Chief causes for our underperformance include: inadequate grants infrastructure (e.g., professionals, positions, and technology) and training; antiquated grants processes and policies (especially within state government); low prioritization or support for grants work; and, too little collaboration and coordination among organizations.

Form 990, Page 2, Part III, Line 4D

Data, engagement, and policy: coordination, outreach, and public policy activities that support service providers and stakeholders to better understand and utilize federal grant resources that can address nevadan's critical needs and opportunities.

Form 990, Part IX, Line 11G

40,659 4,765 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISSION NEVADA GRANTLAB HELPS NONPROFIT AND PUBLIC AGENCIES SUCCESSFULLY ACCESS AND MANAGE FEDERAL GRANTS THAT BENEFIT NEVADANS AND STRENGTHEN THEIR ORGANIZATIONS. PROBLEM STATEMENT FEDERAL FUNDING PLAYS A VITAL ROLE IN BUILDING RESILIENT, INCLUSIVE COMMUNITIES AND ECONOMIES THROUGHOUT THE UNITED STATES, BUT NOT SO MUCH HERE IN NEVADA WHERE WE HAVE HISTORICALLY SECURED AMONG THE LOWEST AMOUNTS OF FEDERAL GRANT FUNDING IN THE COUNTRY, DESPITE HAVING AMONG THE HIGHEST NEEDS. IN FACT, NEVADA RANKS 45TH NATIONALLY IN FEDERAL GRANT SPENDING PER CAPITA, COLLECTING SOME 800 LESS PER PERSON PER YEAR THAN THE NATIONAL AVERAGE (GUINN CENTER FOR POLICY PRIORITIES, MAY 2021) AND FORGOES MORE THAN HALF A BILLION DOLLARS IN FUNDING ANNUALLY (LINCY INSTITUTE, JUNE 2014). NEVADA RECEIVES AMONG THE LOWEST PER CAPITA FEDERAL GRANT SPENDING. AS A RESULT, NONPROFIT AND PUBLIC AGENCIES HAVE MUCH LESS TO INVEST IN COMMUNITY PROGRAMS AND PROJECTS (RANGING FROM AFFORDABLE HOUSING TO WORKFORCE DEVELOPMENT), CONTRIBUTING TO POOR OUTCOMES IN CHILD WELLBEING, HEALTH CARE, EDUCATION, AND MANY OTHER HUMAN SERVICES AREAS. CHIEF CAUSES FOR OUR UNDERPERFORMANCE INCLUDE: INADEQUATE GRANTS INFRASTRUCTURE (E.G., PROFESSIONALS, POSITIONS, AND TECHNOLOGY) AND TRAINING; ANTIQUATED GRANTS PROCESSES AND POLICIES (ESPECIALLY WITHIN STATE GOVERNMENT); LOW PRIORITIZATION OR SUPPORT FOR GRANTS WORK; AND, TOO LITTLE COLLABORATION AND COORDINATION AMONG ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DATA, ENGAGEMENT, AND POLICY: COORDINATION, OUTREACH, AND PUBLIC POLICY ACTIVITIES THAT SUPPORT SERVICE PROVIDERS AND STAKEHOLDERS TO BETTER UNDERSTAND AND UTILIZE FEDERAL GRANT RESOURCES THAT CAN ADDRESS NEVADAN'S CRITICAL NEEDS AND OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT, WHO IS AN EMPLOYEE, IS A NON-VOTING MEMBER OF THE BOARD. ALL OTHER BOARD MEMBERS HAVE EQUAL VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO AND BOARD OF DIRECTORS REVIEW AND APPROVE THE FROM 990 PRIOR TO THE FILING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY ARTICULARED IN ITS EMPLOYEE MANUAL AND FORMALLY APPROVED BY THE BOARD OF DIRECTORS. EACH BOARD MEMBER COMPLETES AN ANNUAL DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS OBTAINED, REVIEWED AND ANALYZED DATA AS TO COMPARABLE COMPENSATION PACKAGES OF SIMILAR OFFICERS OF NONPROFIT CORPORATIONS IN THE AREA IN ORDER TO MAKE A DETERMINATION AS TO THE APPROPRIATE COMPENSATION FOR THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt740,659 4,765 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt083484
IRS990/TotalFunctionalExpensesGrp/TotalAmt0117565
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt030796
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt030796
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01325250
IRS990/TotalOtherProgSrvcExpenseAmt08934
IRS990/TotalProgramServiceExpensesAmt083484
IRS990/TotalRevenueGrp/ExclusionAmt030
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01442815
IRS990/TotalVolunteersCnt03
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01356046
IRS990/TravelGrp/ManagementAndGeneralAmt01495
IRS990/TravelGrp/TotalAmt01495
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0610 S 7TH ST
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089101
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IRS990/WebsiteAddressTxt0WWW.NEVADAGRANTLAB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MILES DICKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO & PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07025806614
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEVADA GRANTLAB
ReturnHeader/Filer/BusinessNameControlTxt0NEVA
ReturnHeader/Filer/EIN0872391221
ReturnHeader/Filer/USAddress/AddressLine1Txt0610 S 7TH ST
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0880374623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOULDSWORTH RUSSO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08675 S EASTERN AVE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0891232839
ReturnHeader/PreparerPersonGrp/PhoneNum07022699992
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JESSICA P SAYLES
ReturnHeader/ReturnTs02022-08-05T11:10:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MILES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DICKSON
ReturnHeader/TaxPeriodBeginDt02021-08-18
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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