WEST LAS VEGAS QALICB INC

EIN: 990891786 501(c)(3) Religion

LAS VEGAS, NV

Total Revenue
$83,810
Total Expenses
$1,635,491
Total Assets
$36,980,637
Net Assets
$-1,551,681
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NV
Principal Officer
FLORESTO CABIAS
Phone
7025076165
Tax Period
2023-12-31 to 2024-06-30

WEST LAS VEGAS QALICB INC, founded in 2024, is a micro nonprofit in the Religion sector that reported $84K in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 1851% operating deficit.

Mission

TO ACQUIRE AND LEASE REAL OR PERSONAL PROPERTY THAT IS SUBJECT TO CERTAIN RESTRICTIONS AND LIMITATIONS FOR THE BENEFIT OF THE LAS VEGAS-CLARK COUNTY LIBRARY DISTRICT.

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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 $0
Program Service Revenue $0
Investment Income $83,810
Other Revenue $0
TOTAL REVENUE $83,810

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,517
Other Expenses $1,635,491
TOTAL EXPENSES $1,635,491

Year-over-Year Comparison

2023 2022 Change
Revenue $83,810 N/A N/A
Expenses $1,635,491 N/A N/A
Net Income $-1,551,681 N/A N/A
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
5
Independent Members
3
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
3
$179,112
Total Directors
5
$179,112
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FLORESTO CABIAS PRESIDENT 0.50
Officer Director
$0 $0 $179,112
JENNIFER JIRON SECRETARY 0.50
Officer Director
$0 $0 $0
MO DENIS DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL SAUNDERS DIRECTOR 0.50
Director
$0 $0 $0
KEITH ROGERS TREASURER 0.50
Officer 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 $83,810 $1,635,491 $36,980,637 $-1,551,681
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