FRIENDS OF THE NEVADA MANSION

EIN: 208300096 501(c)(3) Arts, Culture & Humanities

RENO, NV

Total Revenue
$845,000
Total Expenses
$88,601
Total Assets
$807,242
Net Assets
$807,242
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NV
Principal Officer
MICHAEL HILLERBY
Phone
7758523900
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE NEVADA MANSION, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $845K in total revenue in fiscal year 2024. Revenue surged 2706% from the prior year, signaling strong growth momentum. The organization ran a surplus of $756K, a strong 90% operating margin.

Mission

THE ORGANIZATION IS FORMED FOR THE PRESRVATION, MAINTENANCE, RESTORATION AND SUPPORT OF THE NEVADA GOVERNORS MANSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $845,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $845,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $660
Program Expenses $55,756
Other Expenses $88,601
TOTAL EXPENSES $88,601

Year-over-Year Comparison

2024 2023 Change
Revenue $845,000 $30,111 +27.1%
Expenses $88,601 $4,661 +18.0%
Net Income $756,399 $25,450 +28.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL HILLERBY PRESIDENT 0.00
Officer
$0 $0 $0
LIDIA STIGLICH SECRETARY 0.00
Officer
$0 $0 $0
NICOLA NEILON TREASURER 0.00
Officer
$0 $0 $0
MIKE SLANKER DIRECTOR 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $845,000 $88,601 $807,242 $756,399
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