ACADEMY OF FINANCE NEVADA

LAS VEGAS, NV | Clark County
Community Services

Overview

ACADEMY OF FINANCE NEVADA
85-3891534
4291 PENNWOOD AVE
LAS VEGAS, NV 89102
Clark County
(702) 799-5800

clarkaof@nv.ccsd.net
Mission Statement info

THE ACADEMY OF FINANCE PREPARES ITS STUDENTS FOR BUSINESS-RELATED MAJORS AND CAREERS THROUGH A RIGOROUS COURSE OF STUDY, CURATED TO ESTABLISH A SOLID FOUNDATION IN BUSINESS FUNDAMENTALS, FINANCIAL LITERACY, MATHEMATICS, LANGUAGE ARTS, AND SOCIAL STUDIES.

CRA Category info
  • Community Services
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
1997
Total Employees info
5
Total Volunteers info
25
Nonprofit Classification (NTEE Code) info
B99

B - Educational Institutions

Education N.E.C.

Use this code for organizations that clearly provide education services where the major purpose is unclear cannot be accurately assigned.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
611000
Elementary and Secondary Schools
Targeted Clients info
  • At-Risk Youth
  • Economically Disadvantaged
  • K-12 Students
  • Foster Youth
  • Homeless
  • Immigrants or Refugees
  • Job Seekers
  • Minority Individuals
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level
  • USDA Free or Reduced Lunch Students

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
100%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Financial Literacy
Our Financial Literacy programming in the Academy of Finance (AOF) provides students with the knowledge, skills and attitudes needed to adopt good money-management practices for earning, spending, saving, borrowing and investing. Financial Literacy is the key to lifelong financial success.
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • Economically Disadvantaged
  • K-12 Students
  • Foster Youth
  • Homeless
  • Immigrants or Refugees
  • Job Seekers
  • Minority Individuals
CRA Income Characteristics info

    Not reported

Intern Program
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • Economically Disadvantaged
  • K-12 Students
  • Foster Youth
  • Homeless
  • Job Seekers
  • Minority Individuals
CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$145K
Revenue
$145K
Assets
$158.1K

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
2021-01
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-06
Tax period ending in
2021-06

Nonprofit Location

Physical Address info
4291 PENNWOOD AVE
LAS VEGAS, NV 89102
Clark County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
29820
MSA/MD info
32
State info
003
County info
0022.04
Tract info
Low
Income Level info
Core-Based Statistical Area info
29820 - Las Vegas-Henderson-Paradise, NV
Combined Statistical Area info
332 - Las Vegas-Henderson, NV
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 87.71%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • NV - Clark County

Market Data

Census Tract County
0022.04 Clark County
Population
Total Population 4,288 2,265,926
Total Households 1,510 832,367
Income
Median Family Income (Census*) $35,326 $69,911
Median Family Income (2023 FFIEC est.) $83,900 $83,900
Tract Income Percentage 49.13% N/A
Below Poverty Level 40.8% 13.4%
Unemployment Level 5.9% 7.7%
Housing
Total Housing Units 1,669 923,275
Total Owner-Occupied Units 14.0% 56.2%
Total Renter-Occupied Units 76.5% 43.8%
Total Vacant Units 9.5% 8.8%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

16
Total Voting Members
in Governing Body
info
16
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Justin Doucette
(702) 799-5800
Principal Officer info
Justin Doucette
findCRA Profile Owner
Robin Vitiello
Director
clarkaof@nv.ccsd.net
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-06.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.