Civic Intelligence

Never Quit Initiative

EIN 88-4414763 • 501(c)3 • Las Vegas, NV

Profile

Never quit initiative (the nonprofit) is organized and operated exclusively to improve the lives of low-income individuals and families by providing financial education and affordable rentals for the historically underserved individuals and families, as defined by hud standards. The nonprofit intends to secure real estate or complete site improvements to support affordable housing development.

3225 Mcleod Drive Suite 100Las Vegas, NV 89121
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets33rd percentile

Assets

$500,104

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$500,104

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue35th percentileNet Margin99th percentile

Revenue

$506,426

No earlier filing loaded for comparison.

Expenses

$6,322

No earlier filing loaded for comparison.

Net Income

$500,104

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2022: $500,104Liabilities 2022: $0Net Assets 2022: $500,1042022

Highlighted filing

2022

Assets$500,104
Liabilities$0
Net Assets$500,104
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2022: $506,426Expenses 2022: $6,322Net Income 2022: $500,1042022

Highlighted filing

2022

Revenue$506,426
Expenses$6,322
Net Income$500,104
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$500,104
Liabilities
$0
Net assets
$500,104
Revenue
$506,426
Expenses
$6,322
Net income
$500,104
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.00$0.00$5.00$5.06$0.06$5.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 20, 2022 to Dec 31, 2022
Signed
Jul 27, 2023
Return Version
2022v5.0
Gross Receipts
$506,426
Mission and Program Overview

Mission

Never quit initiative (the nonprofit) is organized and operated exclusively to improve the lives of low-income individuals and families by providing financial education and affordable rentals for the historically underserved individuals and families, as defined by hud standards. The nonprofit intends to secure real estate or complete site improvements to support affordable housing development.

Improve the lives of low-income individuals & families by providing financial education and affordable rentals for the historically underserved individuals and families, as defined by hud standards. The nonprofit intends to secure real estate or complete site improvements to support affordable housing development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$500,104▲ $500,104
Rtn Earn Endowment Incm Other Fnds$0$500,104▲ $500,104
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$500,104▲ $500,104
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$500,104▲ $500,104
Total Liabilities and Net Assets / Fund Balance$0$500,104▲ $500,104
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Darin DavisPresident, Director
Kaden DavisTreasurer, Director
Everly DavisVP, Secretary, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$506,422
Program Service Revenue
$0
Investment Income
$4
Other Revenue
$0
All Other Contributions
$506,422
Change in Net Assets
$500,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,322
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$600$5,697-$6,297
Fees for Services Other-$25-$25
Total Functional Expenses$600$5,722$0$6,322
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
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
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, Part VI, Section A, Line 2

“Darin davis is the father of kaden davis and everly davis.”

Form 990, Part VI, Section B, Line 11B

“Board members receive a copy of the 990 for discussion and review prior to signing and filing.”

Form 990, Part VI, Section B, Line 12C

“The directors and officers must annually sign a document that they have received, read and agree to abide by the conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Never Quit Initiative
EIN
88-4414763
Phone
5124336325
Address
3225 MCLEOD DRIVE SUITE 100, LAS VEGAS, NV 89121

Signing Officer

Name
Darin Davis
Title
President
Phone
5124336325
Signed
2023-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darin Davis
Formed
2022
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Anderson Law Group Pllc
Address
3225 MCLEOD DRIVE, LAS VEGAS, NV 89121
Preparer
Karim Hanafy
Phone
8889692677
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DARIN DAVIS IS THE FATHER OF KADEN DAVIS AND EVERLY DAVIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS RECEIVE A COPY OF THE 990 FOR DISCUSSION AND REVIEW PRIOR TO SIGNING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS AND OFFICERS MUST ANNUALLY SIGN A DOCUMENT THAT THEY HAVE RECEIVED, READ AND AGREE TO ABIDE BY THE CONFLICT OF INTEREST POLICY.
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