Leadership Foundation of Greater Las Veg

EIN: 880344399 501(c)(3) Community Improvement

Las Vegas, NV

Total Revenue
$624,057
Total Expenses
$564,658
Total Assets
$364,335
Net Assets
$116,802
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NV
Principal Officer
Cara Hansen Clarke
Phone
7026415822
Tax Period
2023-01-01 to 2023-12-31

Leadership Foundation of Greater Las Veg, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $624K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $565K left a modest 10% surplus.

Mission

The mission of the Leadership Foundation of Greater Las Vegas, Inc. is to build Southern Nevada community's capacity to lead, educate and develop talent. The Foundation offers signature programs that cultivate business and community leaders at every stage of their development and career and is dedicated to making Southern Nevada and incomparable destination for business leaders, entrepreneurs and today's most promising talent.

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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 (2023)

Revenue Breakdown

Contributions & Grants $143,485
Program Service Revenue $480,572
Investment Income $0
Other Revenue $0
TOTAL REVENUE $624,057

Expense Breakdown

Grants Paid $0
Salaries & Benefits $222,499
Fundraising Expenses $0
Program Expenses $543,256
Other Expenses $342,159
TOTAL EXPENSES $564,658

Year-over-Year Comparison

2023 2022 Change
Revenue $624,057 $478,685 +0.3%
Expenses $564,658 $434,682 +0.3%
Net Income $59,399 $44,003 +0.3%
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
9
Independent Members
9
Employees
N/A
Volunteers
243

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
$127,656
Total Directors
9
$479,127
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Beth Sewald Board Member 0.50
Director
$0 $10,660 $479,127
Cara Hansen Clarke Exec Director 10.00
Officer
$30,354 $6,238 $127,656
Lori Nelson-Kraft President 0.50
Officer Director
$0 $0 $0
Ryder Donohue Board Member 0.50
Officer Director
$0 $0 $0
Larry Singer Board Member 0.50
Officer Director
$0 $0 $0
Gordon Absher Board Member 0.50
Director
$0 $0 $0
Dulcinea Rongavilla Board Member 0.50
Director
$0 $0 $0
Scott Voeller Board Member 0.50
Director
$0 $0 $0
Michael Crome Board Member 0.50
Director
$0 $0 $0
Terry Shirey Board Member 0.50
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
2024 No data No data No data No data
2023 $624,057 $564,658 $364,335 $59,399
2022 $478,685 $434,682 $292,064 $44,003
2021 $554,615 $470,298 $226,875 $84,317
2020 $204,724 $256,612 $236,552 $-51,888
2019 $504,013 $428,494 $156,375 $75,519
2018 $447,825 $373,045 $63,938 $74,780
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