NEVADA SUCCEEDS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

BRENT HUSSON

Phone

7023733335

Tax Period

2021-01-01 to 2021-12-31

NEVADA SUCCEEDS, founded in 2013, is a small nonprofit that reported $208K in total revenue in fiscal year 2021. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $64K, a strong 31% operating margin.

Mission

OUR MEMBERSHIP IS UNITED IN PURSUIT OF IMMEDIATE AND CONTINUOUS IMPROVEMENTS TO THE STATE'S EDUCATION SYSTEM. WE SUPPORT AN AMBITIOUS, AGRESSIVE AND COMPREHENSIVE REFORM AGENDA TO DRAMATICALLY INCREASE THE COLLEGE AND WORKFORCE READINESS OF ALL STUDENTS, AND NOW IS THE TIME FOR BOLD AND DECISIVE ACTION. OUR ACTIONS AND TACTICS ARE FOCUSED IN THREE AREAS: (1) INFORM THE BUSINESS COMMUNITY OF THE EDUCATION CRISIS AND OPPORTUNITIES TO REFORM THE SYSTEM; (2) INFLUENCE THE STATE'S EDUCATION AGENDA AND CREATE THE CONDITIONS FOR STATEWIDE REFORM BY LEVERAGING THE POWER OF THE BUSINESS COMMUNITY; AND, (3) IMPROVE PUBLIC EDUCATION SYSTEMS BY INFUSING A BUSINESS-LIKE APPROACH TO EDUCATION REFORM.

Program Service Accomplishments

Program 1

Expenses: $71,761

EDUCATING ELECTED OFFICIALS AND COMMUNITY MEMBERS ABOUT WHAT POLICIES AND TYPES OF POLICIES CONSISTENLY PRODUCE HIGH STUDENT ACHIEVEMENT INTERNATIONALLY AND ON THE PISA EXAM.DEVELOP POLICY...

EDUCATING ELECTED OFFICIALS AND COMMUNITY MEMBERS ABOUT WHAT POLICIES AND TYPES OF POLICIES CONSISTENLY PRODUCE HIGH STUDENT ACHIEVEMENT INTERNATIONALLY AND ON THE PISA EXAM.DEVELOP POLICY RECOMMENDATIONS BASED ON WHAT OECD RECOMMENDS FOR HIGH PERFORMING SCHOOL SYSTEMS. EIGHT OF NEVADA SUCCEEDS POLICY RECOMMENDATIONS WERE ADVANCED IN THE 2018 NEVADA LEGISLATIVE INTERIM COMMITTEE, RESULTING IN TWO BILL DRAFT REQUESTS.HOLDING EVENTS SO ELECTED/CIVIC LEADERS & EDUCATION COMMUNITY CAN LISTEN TO WORLD-CLASS EDUCATION EXPERTS ON THE ISSUES IMPACTING THE TEACHING PROFESSION AND INDIVIDUAL CLASSROOM EXPERIENCE.

Program 2

Expenses: $43,057

FOSTERING DIALOGUE BETWEEN EDUCATION & BUSINESS COMMUNITIES, HELPING EACH SIDE UNDERSTAND THE NEEDS OF THE OTHER.CONTINUE TO GUIDE WORK ON THE 3 SYSTEMIC REFORMS IDENTIFIED BY OUR WHAT'S NEXT NEVADA? PROJECT: SCHOOL LEADERSHIP; MEANINGFUL CAREER PROGRESSION FOR TEACHERS; IMPROVING SCHOOL CLIMATE & CULTURE WHILE CONTEXTUALIZING ALL RECOMMENDATIONS AND SURROUNDING WORK IN THE CONTEXT OF EFFECTIVE GLOBAL STANDARDS FOR TEACHERS AND STUDENTS.FACILITATE PROFESSIONAL DEVELOPMENT TRAINING FOR TEACHERS AND OTHER EDUCATION PROFESSIONALS ABOUT HOW TO EFFECTIVELY ENGAGE IN POLICY DECISIONS IMPACTING THEIR PROFESSION.

Program 3

Expenses: $28,705

CONTINUING ONGOING WORK OF SUPPORTING THE DEVELOPMENT OF CAREER MATRICES/LADDERS & ENCOURAGE FURTHER REFINING/IMPROVEMENT OF PROFESSIONAL GROWTH PLANS BY FACILITATING DISCUSSIONS AMONG/WITH TEACHERS, ADMINISTRATORS & EDUCATION SUPPORT PROFESSIONALS; SHARING RESEARCH AND BEST PRACTICES FROM OTHER FIELDS PROFESSIONALIZATION EFFORTS; PROVIDING A PLATFORM FOR ORGANIC DIALOGUE ABOUT NEEDS IN THE PROFESSIONCONTINUE BRINGING UNIONS, STATE LEGISLATORS, SCHOOL DISTRICTS, UNIVERSITIES & OTHER EDUCATION PROFESSIONALS TOGETHER TO DESIGN A CAREER MATRIX SYSTEM OF TEACHING STANDARDS & EXPECTATIONS SUPPORTED BY ROBUST PROFESSIONAL GROWTH OPPORTUNITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $207,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,822

Fundraising Expenses $0

Program Expenses $143,523

Other Expenses $90,701

TOTAL EXPENSES $143,523

Year-over-Year Comparison

	2021	2020	Change
Revenue	$207,500	$231,121	-0.1%
Expenses	$143,523	$128,413	+0.1%
Net Income	$63,977	$102,708	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENT HUSSON	PRESIDENT	1.00	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
2021	$207,500	$143,523	$174,465	$63,977
2020	$231,121	$128,413	$110,488	$102,708
2019	$100,325	$99,160	$7,780	$1,165
2018	$217,631	$220,578	$6,615	$-2,947