Academy of Finance Nevada
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE ACADEMY OF FINANCE IS TO PROVIDE A UNIQUE PROGRAM THAT SUPPORTS THE EDUCATION AND DEVELOPMENT OF NEVADA YOUTH BEGINNING IN HIGH-SCHOOL AND EXTENDING INTO THEIR FUTURE.
- Income
- $291,500
- Spending
- $103,286
- Spent on programs
- 96%
- Reserves
- 41 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 1
- Highest pay
- $4,500, director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 85% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 41.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 65% of income.
Income trend
15 of 15Income rose 139% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 46 out of 100. Higher than 14% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2515 of 16 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, 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 (3)
- $22,396 spent. ACADEMY OF FINANCE NEVADA PROVIDED 29 PAID INTERNSHIP OPPORTUNITIES DURING THE 2024 FYE 06/30/25. THESE INTERNSHIPS PROVIDED STUDENTS WITH STRUCTURED LEARNING EXPERIENCES IN A PROFESSIONAL, REAL-WORLD SETTING, ALLOWING EACH STUDENT TO GAIN VALUABLE WORK EXPERIENCE. STUDENTS WORK FOR APPROXIMATELY 80 HOURS DURING EACH SEMESTER, IN BUSINESS AND FINANCE AND IN INDUSTRIES INCLUDING RETAIL, NON-PROFIT, BANKING, FINANCE, DESIGN, MARKETING, ADVERTISING, INSURANCE AND OTHERS. INTERN PROVIDERS WORK WITH STUDENTS TO DEVELOP PROFESSIONAL SKILLS SUCH AS, PROJECT MANAGEMENT, TIME MANAGEMENT, PROFESSIONAL COMMUNICATION, AND CUSTOMER SERVICE. INTERN PROVIDERS ALSO EVALUATE STUDENTS AT THE CONCLUSION OF THEIR INTERNSHIP AND ATTEND AN INTERNSHIP PRESENTATION IN WHICH STUDENTS RECAP THEIR INTERNSHIP EXPERIENCE.
- $48,850 spent. ACADEMY OF FINANCE NEVADA PROVIDED A MULTITUDE OF EDUCATIONAL AND EXPERIENTIAL EVENTS DURING THE 2024 FYE 06/30/25. THESE EVENTS INCLUDED LUNCHEONS AND SEMINARS RELATED TO: BUSINESS ATTIRE, ETIQUETTE, BOOK AND READING WORKSHOPS, AND MOCK INTERVIEWS. THE LARGEST ONGOING EVENT IS THE MENTOR PROGRAM, WHICH PAIRS STUDENTS WITH A BUSINESS PROFESSIONAL WHO SERVES AS A MENTOR DURING THE STUDENT'S HIGH SCHOOL YEARS. THE BUSINESS PROFESSIONAL CAN SERVE AS A RESOURCE FOR STUDENTS WORKING ON CLASS ASSIGNMENTS, OR JUST TO DISCUSS HOBBIES AND HIGH SCHOOL IN GENERAL. BUSINESS PROFESSIONALS ARE ASKED TO VOLUNTEER THEIR TIME TO MENTOR 1 OR 2 ACADEMY OF FINANCE STUDENTS. MENTORS ARE ASKED TO MEET AT LEAST MONTHLY FOR A CLASS PERIOD AND BE PREPARED TO DISCUSS TOPICS OF THE STUDENT'S CHOICE. THE MENTOR PROGRAM ALSO HAS PERIODIC EVENTS WHERE ALL MENTORS AND MENTEES MEET IN A GROUP SETTING TO DISCUSS CURRENT EVENTS, HAPPENINGS, BOOKS AND OTHER TOPICS.
- $27,540 spent. THE MISSION OF THE ACADEMY OF FINANCE IS TO PROVIDE A UNIQUE PROGRAM THAT SUPPORTS THE EDUCATION AND DEVELOPMENT OF NEVADA YOUTH BEGINNING IN HIGH-SCHOOL AND EXTENDING INTO THEIR FUTURE.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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 October 13, 2026.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 October 21, 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.