Overview
What is Friends Of Las Vegas Academy?
Friends of Las Vegas Academy is a dedicated nonprofit organization, situated in the heart of Las Vegas, Nevada. The primary aim of this group, known as Friends of Las Vegas Academy of the Arts, is to bolster the educational programs at the Las Vegas Academy of the Arts. They achieve this goal by providing financial support for various initiatives, such as recognizing and appreciating teachers and subsidizing the expenses associated with programs and necessary equipment. By doing so, Friends of Las Vegas Academy ensures that the arts academy can continue to thrive and offer a rich and enriching educational experience to its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating. Friends Of Las Vegas Academy has demonstrated strengths in governance, evidenced by a fully independent board and a clean record regarding material diversion of assets. The organization allocates a significant majority of its expenses to programs, with a program expense ratio of 86.44%, indicating a strong focus on mission-related activities.
However, the organization faces several accountability challenges that impacted its rating. Key policies and transparency measures are lacking, including the absence of a conflict of interest policy, a whistleblower policy, and documentation of board meeting minutes. Furthermore, essential documents such as the tax form are not listed on the nonprofit's website, which contributes to lower scores in the accountability and finance category.
The overall rating suggests that while Friends Of Las Vegas Academy is committed to its mission and effective in program spending, improvements in governance and transparency are necessary. Addressing these gaps could enhance their accountability and potentially improve their rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Las Vegas Academy legitimate?
Friends Of Las Vegas Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Las Vegas Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Friends Of Las Vegas Academy?
The mission of Friends of Las Vegas Academy revolves around supporting the programs at the Las Vegas Academy of the Arts. They accomplish this by providing funds for various behind-the-scenes activities, such as teacher appreciation and covering the expenses of programs and needed equipment. Their objective is to enhance the learning experience and resources available at the academy. They play a crucial role in ensuring the school's programs run smoothly and efficiently without incurring significant financial burdens.
Who is the CEO of Friends Of Las Vegas Academy?
Jarrett Virkler is the President of Friends Of Las Vegas Academy.
What is the revenue of Friends Of Las Vegas Academy?
Friends Of Las Vegas Academy's revenue in 2022 was $34,102.
Who are the executives of Friends Of Las Vegas Academy and what are their salaries?
There 50 volunteers at Friends Of Las Vegas Academy.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Friends Of Las Vegas Academy?
Friends Of Las Vegas Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Las Vegas Academy
Friends of Las Vegas Academy, a dedicated nonprofit organization, plays a crucial role in supporting the Las Vegas Academy of the Arts. Their mission is centered around funding various behind-the-scenes programs and initiatives. They strive to uplift the teachers at the academy by expressing appreciation and providing financial aid. Furthermore, they work to lessen the financial burden associated with programs and equipment, ensuring that the academy can continue to offer a rich and diverse educational experience for its students.
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Impact
August, 2024
Friends Of Las Vegas Academy has a significant impact on the Las Vegas Academy of the Arts by raising funds to support various programs and initiatives. They provide crucial support behind the scenes, such as funding teacher appreciation efforts and offsetting the costs of programs and equipment as needed. Through their work, Friends Of Las Vegas Academy directly contribute to the enrichment of the educational experience at the academy, ultimately benefiting the students, teachers, and the overall learning environment.
This information is meant to be a general summary of Friends Of Las Vegas Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$45,422
- Gross Receipts: $123,620
Assets and Liabilities:
- Total Assets: $651,462
- Total Liabilities: $0
- Net Assets: $651,462
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Organization Details
Founding Year
2012
Phone
(702) 799-7800Principal Officer
Jarrett Virkler
Main Address
315 S 7th Street, Las Vegas, NV, 89101
NTEE Category
Code: B82 - Education
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