Civic Intelligence

Nevada Pari-Mutuel Association

990 • Fiscal year 2017 • EIN 88-0253005

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 30, 2018

2520 Saint Rose Pkwy Ste 216Henderson, NV 89074

(702) 387-2021

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

30th percentile

-0.7%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

30th percentile

-0.2%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-3.5%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,014,480

Down $1,912 (-0.2%) from 2016

Net Assets

Down

$1,014,480

Down $1,912 (-0.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$277,933

Down $10,127 (-3.5%) from 2016

Expenses

Up

$279,884

Up $41,760 (+18%) from 2016

Net Income

Down

-$1,951

Down $51,887 (-104%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $835,235Liabilities 2010: $0Net Assets 2010: $835,2352010Assets 2011: $883,812Liabilities 2011: $573Net Assets 2011: $883,2392011Assets 2012: $915,803Liabilities 2012: $241Net Assets 2012: $915,5622012Assets 2013: $959,439Liabilities 2013: $0Net Assets 2013: $959,4392013Assets 2014: $934,850Liabilities 2014: $0Net Assets 2014: $934,8502014Assets 2015: $966,081Liabilities 2015: $0Net Assets 2015: $966,0812015Assets 2016: $1,016,392Liabilities 2016: $0Net Assets 2016: $1,016,3922016Assets 2017: $1,014,480Liabilities 2017: $0Net Assets 2017: $1,014,4802017Assets 2018: $1,033,919Liabilities 2018: $0Net Assets 2018: $1,033,9192018Assets 2019: $1,100,345Liabilities 2019: $0Net Assets 2019: $1,100,3452019Assets 2020: $1,235,159Liabilities 2020: $0Net Assets 2020: $1,235,1592020Assets 2021: $1,249,806Liabilities 2021: $0Net Assets 2021: $1,249,8062021Assets 2022: $1,261,153Liabilities 2022: $0Net Assets 2022: $1,261,1532022Assets 2023: $1,351,782Liabilities 2023: $0Net Assets 2023: $1,351,7822023Assets 2024: $1,420,646Liabilities 2024: $0Net Assets 2024: $1,420,6462024

Highlighted filing

2017

Assets$1,014,480
Liabilities$0
Net Assets$1,014,480

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $286,0412010Expenses 2011: $215,1282011Revenue 2012: $312,013Expenses 2012: $279,690Net Income 2012: $32,3232012Revenue 2013: $281,523Expenses 2013: $237,646Net Income 2013: $43,8772013Revenue 2014: $239,000Expenses 2014: $263,589Net Income 2014: -$24,5892014Revenue 2015: $264,146Expenses 2015: $232,915Net Income 2015: $31,2312015Revenue 2016: $288,060Expenses 2016: $238,124Net Income 2016: $49,9362016Revenue 2017: $277,933Expenses 2017: $279,884Net Income 2017: -$1,9512017Revenue 2018: $343,447Expenses 2018: $324,006Net Income 2018: $19,4412018Revenue 2019: $336,279Expenses 2019: $269,825Net Income 2019: $66,4542019Revenue 2020: $370,297Expenses 2020: $235,456Net Income 2020: $134,8412020Revenue 2021: $232,732Expenses 2021: $218,038Net Income 2021: $14,6942021Revenue 2022: $259,448Expenses 2022: $248,101Net Income 2022: $11,3472022Revenue 2023: $317,409Expenses 2023: $226,780Net Income 2023: $90,6292023Revenue 2024: $298,200Expenses 2024: $229,336Net Income 2024: $68,8642024

Highlighted filing

2017

Revenue$277,933
Expenses$279,884
Net Income-$1,951
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 30, 2018
Return Version
2017v2.3
Gross Receipts
$277,933
Mission and Program Overview

Mission

Obtains all regulatory approval for off-track pari-mutuel betting and acts as a liaison for the member licensed pari-mutuel race books, the purveyor of the pari-mutuel wagering system and the state gaming commission and state gaming control board.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$845,592$901,372▲ $55,780
Accounts Receivable$51,616$57,577▲ $5,961
Cash and Non-Interest-Bearing Accounts$107,674$42,581▼ $65,093
Investments in Publicly Traded Securities-$1,505-
Land, Buildings, and Equipment, Net$635$570▼ $65
Total Assets$1,016,392$1,014,480▼ $1,912
Other Assets Total$10,875$10,875→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,006,392$1,004,480▼ $1,912
Temporarily Rstr Net Assets$10,000$10,000→ $0
Total Net Assets Fund Balance$1,016,392$1,014,480▼ $1,912
Total Liabilities and Net Assets / Fund Balance$1,016,392$1,014,480▼ $1,912

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$570$55,723$56,293
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark W RussellPresident &
Rich SlackDirector
Patty JonesExecutive Di
Frank Kunovic IiiSecretary &
Daniel BurdalskiTreasurer &
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$271,977
Investment Income
$5,956
Other Revenue
$0
Change in Net Assets
$-1,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$259,884
Grants and Similar Amounts Paid$20,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$132,612
Fees for Services Legal---$31,948
Occupancy---$20,844
Grants to Domestic Orgs---$20,000
Fees for Services Other---$16,080
Travel---$13,665
Fees for Services Accounting---$8,720
Conferences and Meetings---$6,990
Other Expenses---$3,184
Office Expenses---$1,862
Insurance---$700
Fees for Service Investment Mgmnt Fees---$175
Depreciation Depletion---$104
Total Functional Expenses$0$0$0$279,884
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CALIF THOROUGHBRED HORSEMEN'S FNDTNArcadia, CA--$20,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The duties of the executive director are contracted out to patty jones, inc.

Form 990, Page 6, Part VI, Line 7A

The members of the association annually elect the members of the board of directors.

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

A copy of the return is provided to the contracted executive director, who distributes them to the board of directors.

Form 990, Page 6, Part VI, Line 19

Books and records open to general public upon request at the company address.

Filing and Contact Details

Filer

Filer Name
Nevada Pari-mutuel Association
EIN
88-0253005
Phone
7023872021
Address
2520 SAINT ROSE PKWY STE 216, HENDERSON, NV 89074

Signing Officer

Name
Patty Jones
Title
Executive Director
Phone
7023872021
Signed
2018-08-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark W Russell
Formed
1990
Legal Domicile
Nv
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Conant Nelson & Conant Ltd Cpas
Address
8010 W SAHARA AVE STE 220, LAS VEGAS, NV 89117-7911
Preparer
Nathan J Jarrell CPA
Phone
7022216300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Obtains all regulatory approval for off-track pari-mutuel betting and acts as a liaison for the member licensed pari-mutuel race books, the purveyor of the pari-mutuel wagering system and the state gaming commission and state gaming control board.

Form 990, Part XI, Line 9

Book / tax depreciation difference 39

Raw XML Appendix290 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER &
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY &
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DI
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt020000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0277933
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndoorTanningServicesInd0false
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01505
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/TotalAmt020844
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1TELEPHONE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OBTAINS ALL REGULATORY APPROVAL FOR OFF-TRACK PARI-MUTUEL BETTING AND ACTS AS A LIAISON FOR THE MEMBER LICENSED PARI-MUTUEL RACE BOOKS, THE PURVEYOR OF THE PARI-MUTUEL WAGERING SYSTEM AND THE STATE GAMING COMMISSION AND STATE GAMING CONTROL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DUTIES OF THE EXECUTIVE DIRECTOR ARE CONTRACTED OUT TO PATTY JONES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE ASSOCIATION ANNUALLY ELECT THE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE RETURN IS PROVIDED TO THE CONTRACTED EXECUTIVE DIRECTOR, WHO DISTRIBUTES THEM TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOKS AND RECORDS OPEN TO GENERAL PUBLIC UPON REQUEST AT THE COMPANY ADDRESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE 39
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0PATTY JONES
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ReturnHeader/Filer/EIN0880253005
ReturnHeader/Filer/PhoneNum07023872021
ReturnHeader/Filer/USAddress/AddressLine1Txt02520 SAINT ROSE PKWY STE 216
ReturnHeader/Filer/USAddress/CityNm0HENDERSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089074
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03B84A97F742B3774BE7254FA000A80F8ACADB48F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0241BF22160324D89C689E15AF839C90746A66770
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.71.240.222
ReturnHeader/FilingSecurityInformation/IPDt02018-09-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:37:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0880381913
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONANT NELSON & CONANT LTD CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08010 W SAHARA AVE STE 220
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0891177911
ReturnHeader/PreparerPersonGrp/PhoneNum07022216300
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHAN J JARRELL CPA
ReturnHeader/ReturnTs02018-09-05T08:37:27-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.30$0.23$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$0.32$0.23$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.00$1.26$0.26$0.25$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.23$0.22$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.37$0.24$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.34$0.27$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.34$0.32$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.28$0.28$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.29$0.24$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.26$0.23$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.00$0.93$0.24$0.26$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.28$0.24$0.04
2012Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.31$0.28$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$0.22
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$0.29