NEVADA GRANTLAB

EIN: 872391221 501(c)(3) Community Improvement

LAS VEGAS, NV

Total Revenue
$10,937,294
Total Expenses
$2,243,669
Total Assets
$13,716,751
Net Assets
$13,590,303
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NV
Principal Officer
MILES DICKSON
Tax Period
2024-01-01 to 2024-12-31

NEVADA GRANTLAB, founded in 2021, is a mid-sized nonprofit in the Community Improvement sector that reported $10.9M in total revenue in fiscal year 2024. Revenue surged 1083% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.7M, a strong 79% operating margin.

Mission

NEVADA GRANTLAB SUPPORTS NONPROFIT ORGANIZATIONS AND THEIR GOVERNMENT PARTNERS TO ACCESS AND ADMINISTER FEDERAL GRANTS THAT BENEFIT NEVADANS. 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. AS A RESULT, LOCAL NONPROFITS AND GOVERNMENT AGENCIES HAVE SO MUCH LESS TO INVEST IN EDUCATION, AFFORDABLE HOUSING, GOOD JOBS, THE ARTS, AND OUR MANY OTHER COMMUNITY NEEDS. THE GOOD NEWS: WE CAN FUNDAMENTALLY IMPROVE NEVADA'S FEDERAL GRANT PERFORMANCE RIGHT HERE AT HOME. WORKING TOGETHER - NONPROFITS, GOVERNMENTS, PHILANTHROPY, BUSINESSES, AND RESIDENTS - WE CAN BUILD OUR CAPACITY AND COMPETITIVENESS FOR FEDERAL GRANTS, AND FINALLY FIX OUTDATED PROCESSES AND UNDERINVESTMENT THAT HOLD US BACK. AND WHEN WE DO, RESOURCES WILL FLOW TO UNDERINVESTED PEOPLE AND

Program Service Accomplishments

Program 1
Expenses: $317,674 Revenue: $10,000

CAPACITY BUILDING: HELPING PARTNERS DISCOVER AND BUILD THE CAPABILITIES AND SKILLS NEEDED TO IMPROVE GRANT COMPETITIVENESS, ENHANCE OPERATIONS AND GROW IMPACT.

Program 2
Expenses: $852,830 Revenue: $250,761

TECHNICAL ASSISTANCE: PROVIDING PARTNERS WITH TARGETED, HANDS-ON SUPPORT TO ADDRESS SPECIFIC ORGANIZATIONAL OR PROGRAMMATIC NEEDS AND STRENGTHENING OPPORTUNITIES.

Program 3
Expenses: $487,188 Revenue: $132,554

GRANT SERVICES: ASSISTING PARTNERS TO IDENTIFY FEDERAL GRANT FUNDING THAT IS A GOOD FIT AND SUBMIT COMPETITIVE APPLICATIONS.

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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 $10,320,086
Program Service Revenue $393,315
Investment Income $223,893
Other Revenue $0
TOTAL REVENUE $10,937,294

Expense Breakdown

Grants Paid $227,509
Salaries & Benefits $996,322
Fundraising Expenses $35,541
Program Expenses $1,961,896
Other Expenses $1,019,838
TOTAL EXPENSES $2,243,669

Year-over-Year Comparison

2024 2023 Change
Revenue $10,937,294 $924,224 +10.8%
Expenses $2,243,669 $1,705,330 +0.3%
Net Income $8,693,625 $-781,106 -12.1%
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
8
Independent Members
8
Employees
8
Volunteers
8

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
2
$240,741
Total Directors
9
$240,741
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILES DICKSON PRESIDENT/TR 40.00
Officer Director
$230,399 $10,342 $240,741
NICOLE BOMER DIR GRANT SE 40.00
Highest
$114,022 $15,179 $129,201
LASHONDA MOORE DIR CAPACITY 40.00
Highest
$113,575 $10,768 $124,343
STEPHANIE ROSOL DIRECTOR/SEC 1.00
Officer Director
$0 $0 $0
ASHA JONES DIRECTOR 1.00
Director
$0 $0 $0
TINA QUIGLEY DIRECTOR 1.00
Director
$0 $0 $0
MIKE MULLIN DIRECTOR 1.00
Director
$0 $0 $0
CINDY DREIBELBIS DIRECTOR 1.00
Director
$0 $0 $0
ATHAR HASEEBULLAH DIRECTOR 1.00
Director
$0 $0 $0
GERRY SHEAR DIRECTOR 1.00
Director
$0 $0 $0
JULIE GILDAY-SHAFFER DIRECTOR 1.00
Director
$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 $10,937,294 $2,243,669 $13,716,751 $8,693,625
2023 $924,224 $1,705,330 $4,775,011 $-781,106
2023 $924,224 $1,705,330 $4,775,011 $-781,106
2022 $4,997,469 $1,234,454 $5,478,332 $3,763,015
2021 $1,442,815 $117,565 $1,356,046 $1,325,250
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