Doral Academy of Northern Nevada Foundation

Analysis

Doral Academy of Northern Nevada Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 2018, 8 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 June 2023, Doral Academy of Northern Nevada Foundation reported income of $964k and spending of $897k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $59k to $964k (+1542%), an average of +1542% a year. The sharpest change came in the year to June 2023, when income rose by 1542%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Doral Academy of Northern Nevada Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within NV. Charities of a similar size with the same main cause include Henry George School of Social Science ($963k), Wonderland Wizards Youth Hockey Association Inc ($964k) and Red Tail Scholarship Foundation ($963k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 90% of the total. At year end it held assets of $23.7m against liabilities of $24.3m, net assets of -$592k.