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Nvgm Exploratory

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472253259 ✦ Frisco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nvgm Exploratory?

Nvgm Exploratory is a nonprofit organization, situated in Frisco, Texas, with a team of seven dedicated individuals. Their primary mission is to preserve the rich history of the video game industry and share it with the public in an engaging, informative, and educational manner. By doing so, they aim to inspire and educate the public about this fascinating sector. Additionally, they offer scholarships to students pursuing technology, game design, or related degrees, further supporting the growth and evolution of the video game industry.


Official website here: www.nvmusa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars

Nvgm Exploratory has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 29%, the organization’s rating is solely based on its Accountability & Finance metrics, which reflect a lack of transparency and compliance in key areas. Although the organization has an independent board and meets criteria for board size and material asset diversion, it has scored poorly in financial statement reporting and governance policies.

Key strengths of Nvgm Exploratory include an independent board composed entirely of members not affiliated with the organization, demonstrating a commitment to governance structure. However, this strength is overshadowed by critical weaknesses in financial transparency. The organization scored zero points in various categories, including financial statements, conflict of interest policy, and whistleblower policy, which raises red flags for potential mismanagement and risks to donor trust.

Overall, the low rating suggests that potential donors should exercise caution when considering contributions to Nvgm Exploratory. Without improvements in financial reporting and governance practices, the organization may struggle to build credibility and demonstrate effective use of funds in support of its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Nvgm Exploratory legitimate?

Nvgm Exploratory is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nvgm Exploratory 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $99,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nvmusa.org

What is the mission statement of Nvgm Exploratory?

Nvgm Exploratory's mission is focused on preserving the history of the video game industry and making it accessible to the public in an engaging, informative, and educational manner. They aim to achieve this by presenting the industry's history in a way that is not only interesting but also enlightening. In addition to this, they offer scholarships to students pursuing degrees in technology, game design, or related fields. This initiative supports the next generation of professionals in the video game industry, ensuring its continued growth and innovation.


Official website here: www.nvmusa.org

Who is the CEO of Nvgm Exploratory?

Sean Kelly is the Director of Nvgm Exploratory.


Official website here: www.nvmusa.org

What is the revenue of Nvgm Exploratory?

Nvgm Exploratory's revenue in 2022 was $909,728.


Official website here: www.nvmusa.org

Who are the executives of Nvgm Exploratory and what are their salaries?

The average compensation at Nvgm Exploratory during 2022 was $14,143. There are 7 employees at Nvgm Exploratory.


Here are 4 key members and their salaries:


John Hardie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy (Pitchford)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph (Santulli)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nvmusa.org

Where can I find the form 990 for Nvgm Exploratory?

Nvgm Exploratory's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nvmusa.org

Learn more at the official website: www.nvmusa.org

Mission Statement of Nvgm Exploratory

Nvgm Exploratory, an organization dedicated to preserving the history of the videogame industry, aims to share this rich heritage with the public in an engaging, informative, and educational manner. Their mission is twofold: firstly, they strive to preserve the history of the videogame industry, ensuring that the stories and innovations of this dynamic field are not lost to time. Secondly, they seek to present this history to the public in a manner that is not only informative but also entertaining.

In addition to preserving and showcasing the history of the videogame industry, Nvgm Exploratory also offers scholarships to students pursuing degrees in technology, game design, or related fields. By providing financial support to these aspiring professionals, the organization is investing in the future of the industry and ensuring that its legacy continues to grow and evolve. In this way, Nvgm Exploratory is not only preserving the past but also actively shaping the future of the videogame industry.

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Impact




July, 2024

Nvgm Exploratory's impact lies in preserving the rich history of the video game industry and making it accessible to the public in an informative, educational, and entertaining manner. Additionally, the organization provides scholarships to students pursuing degrees in technology, game design, or related fields. Through its work, Nvgm Exploratory not only celebrates the artistry and innovation of video games but also supports the next generation of professionals in the industry.




This information is meant to be a general summary of Nvgm Exploratory. 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.

Revenue
$909,728 (2022)
Expenses
$536,153 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$6,663
  • Program Service Revenue: $886,947
  • Gross Receipts: $1,216,172

Assets and Liabilities:

  • Total Assets: $2,224,886
  • Total Liabilities: $0
  • Net Assets: $2,224,886

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Revenue

Revenue

$886,947

Organization Details

Founding Year

2014

Principal Officer

Sean Kelly

Main Address

8004 Dallas Pkwy, Frisco, TX, 75034

NTEE Category

Code: A50 - Arts

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