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Passes our checks

Startupnv

EIN 81-3398527 · Las Vegas, NV

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceFair58 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO EDUCATE ENTREPRENEURS AND INVESTORS. TO CREATE AND GROW A SELF- SUSTAINING ECOSYSTEM TO DIVERSIFY NEVADA'S ECONOMY - MAKING OUR STATE MORE ECONOMICALLY RESILIENT.

Income
$2.0 million
Spending
$1.4 million
Spent on programs
76%
Reserves
8.6 months of spending
Largest source of income
government grants, 92%
Employees
23
Volunteers
20
Highest pay
$151,452, coo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 81% of charities in its peer group (community improvement, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.6 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 33% of income.

  • Income trend

    15 of 15

    Income rose 38% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 10 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 58 out of 100. Higher than 10% of charities in its peer group (community improvement, $1m to $10m).

  • Independent board

    18 of 25

    2 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.0 million spent. The organization engages new and experienced entrepreneurs from a wide variety of industries and business sectors. The organization's mission is to coach and mentor startup companies to go from a scalable idea to a revenue-producing business with access to capital investment for rapid growth. In addition to educating entrepreneurs, the organization works to enhance the startup ecosystem through fund development and the education of accredited investors on how to invest in startups. The goal is to create a vibrant startup ecosystem that diversifies Nevada's economy. StartUpNV Inc.'s programs for entrepreneurs: IncubateNV - an online self-paced program for aspiring entrepreneurs. IncubateVegas - a 10-session incubator for underserved founders in Clark County, Nevada. At the end of 2024, Clark County, the grantor, worked with StartUpNV to create a new program, SeedVegas, to grant startup funds to up to 50 of the Incubate Vegas graduates. The program began in early 2025 and will run until July of 2026. AngelNV Due Diligence Bootcamp - a 5 week session that prepares founders to go through Due Diligence performed by the AngelNV Investors. StartUpNV Entrepreneur Readiness Program - 6-session program with Nevada's Small Business Development Center to focus on financial preparedness for investment. Tribal Entrepreneur Development - an 11-session on-site incubator for Nevada tribal organizations. Rural Road Show - outreach to connect rural Nevada entrepreneurs to resources to help them grow and succeed. FounderNV - Speaker Series featuring accomplished founders on various topics. FounderNV Workshops - monthly workshop on specific topics with work product to solve issues or accelerate growth. AccelerateNV - flagship accelerator that comes with a $50k investment from FundNV, a separate for profit entity, and a structured program to progress to the next level of investment. Founders invited to AccelerateNV pledge 1% of their proceeds from an exit to the non-profit for sustainability. StartUpNV's programs for investors: AngelNV investor bootcamp - a hands-on annual 12-week program to teach accredited or Nevada Certified Investors how to invest in startup companies. Results in a minimum $200k investment into a Nevada startup. In 2024, 53 angels invested $290,000 in two Nevada startups. Since inception in 2020, 9 Nevada companies have received investment of more than $1.2 Million. Affiliated Funds: FundNV 1 and 2 - separate for-profit entities that invest in Nevada startups that are accepted into the AccelerateNV program. The funds charge lower fees so that the founders donate 1% of an exit to the non-profit organization.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.