NEVADA BANKERS ASSOCIATION (EIN 880038255) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

PHYLLIS GURGEVICH

Phone

7023408333

Tax Period

2023-01-01 to 2023-12-31

NEVADA BANKERS ASSOCIATION, founded in 1966, is a small nonprofit that reported $935K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $270K, a strong 29% operating margin.

Mission

TO PROMOTE THE GENERAL WELFARE AND USEFULNESS OF BANKS IN THE STATE OF NEVADA.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $634,654

Investment Income $4,795

Other Revenue $295,824

TOTAL REVENUE $935,273

Expense Breakdown

Grants Paid $0

Salaries & Benefits $311,774

Fundraising Expenses $0

Other Expenses $353,123

TOTAL EXPENSES $664,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$935,273	$671,596	+0.4%
Expenses	$664,897	$538,200	+0.2%
Net Income	$270,376	$133,396	+1.0%

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

Governance

Voting Members

Independent Members

Employees

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

$173,776

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL PAREDES	DIRECTOR	1.00	Director	$0	$0	$0
RICK THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SANDHU	DIRECTOR	1.00	Director	$0	$0	$0
AL WELCH	DIRECTOR	1.00	Director	$0	$0	$0
TELLIS BETHEL	DIRECTOR	1.00	Director	$0	$0	$0
PHYLLIS A GURGEVICH	CHIEF EXECUTIVE OFFICER	40.00	Officer	$173,776	$0	$173,776
CAROLYN CROCKETT	TREASURER	1.00	Officer	$0	$0	$0
BJ NORTH	IMMEDIATE PAST CHAIRMAN	1.00	Officer	$0	$0	$0
H SCOTT JOHNSON	CHAIRMAN	1.00	Officer	$0	$0	$0
DAVID NAVARRO	VICE CHAIRMAN	1.00	Officer	$0	$0	$0
SPENCER HAFEN	SECRETARY	1.00	Officer	$0	$0	$0
IVAN FERRAZ	CHAIRMAN ELECT	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
2024	No data	No data	No data	No data
2023	$935,273	$664,897	$1,785,531	$270,376
2022	$671,596	$538,200	$1,395,600	$133,396
2021	$624,301	$453,860	$963,596	$170,441
2020	$563,354	$420,367	$793,155	$142,987
2019	$587,601	$420,467	$650,168	$167,134
2018	$534,728	$381,656	$483,032	$153,072

NEVADA BANKERS ASSOCIATION