First Friday Foundation Las Vegas

Analysis

First Friday Foundation Las Vegas is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, First Friday Foundation Las Vegas reported income of $761k and spending of $861k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $698k to $761k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Friday Foundation Las Vegas sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within NV. Charities of a similar size with the same main cause include Artesia Classical Academy Inc ($761k), Moc-Floyd Valley Community School District Foundation ($761k) and Legacy International Online High School ($761k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $85k (9.9% of expenses). It paid $7,725 in professional fundraising fees. At year end it held assets of $371k against liabilities of $349k, net assets of $21k. It reported 1 employees.