Sports Leadership and Management Academy of Nevada

Analysis

Sports Leadership and Management Academy of Nevada is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sports Leadership and Management Academy of Nevada reported income of $17.2m and spending of $20.0m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $17.2m (+133%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 62%. 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, Sports Leadership and Management Academy of Nevada sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NV. Charities of a similar size with the same main cause include The Malala Fund ($17.2m), Texas College ($17.2m) and Trinity School of Midland Texas ($17.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $8.2m. At year end it held assets of $55.8m against liabilities of $59.1m, net assets of -$3.4m. It reported 194 employees.