Leadership Foundation of Greater Las Vegas Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 60 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The mission of the Leadership Foundation of Greater Las Vegas, Inc. is to build Southern Nevada community's capacity to lead, educate and develop talent. The Foundation offers signature programs that cultivate business and community leaders at every stage of their development and career and is dedicated to making Southern Nevada and incomparable destination for business leaders, entrepreneurs and today's most promising talent.
- Income
- $797,534
- Spending
- $765,667
- Spent on programs
- 89%
- Reserves
- 2.2 months of spending
- Largest source of income
- fees for its services, 96%
- Employees
- 0
- Volunteers
- 243
- Highest pay
- $584,843, board member
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
Weak: 45 out of 100. Higher than 14% of charities in its peer group (community improvement, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.2 months of spending.
Debt
5 of 20It owes 50% of what it owns.
Living within its means
15 of 15Income exceeded spending by 4% of income.
Income trend
15 of 15Income rose 28% on the year before.
Spending floor
0 of 1589% of spending went to programs and raising each dollar of donations cost 60 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: 61 out of 100. Higher than 28% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 259 of 9 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
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
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 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 (4)
- $589,450 spent. Leadership Programs - To build the leadership capacity of the community by providing emerging and experienced business leaders with exceptional education, skills development and volunteer opportunities.
- $43,144 spent. Vegas Young Professionals - To cultivate future business and community leaders by providing young professionals outstanding education and skills development opportunities while connecting them to career-enhancing professional and community networks.
- $34,642 spent. Focus Las Vegas - To provide Southern Nevada business leaders the opportunity to dive into timely, relevant topics of interest to the business community. The program provides one and two day sessions that give participants an opportunity to gain perspectives on issues and current affairs that affect the Las Vegas community. Focus Las Vegas creates a better understanding of the opportunities and challenges within the Southern Nevada community. It gives participants a solid foundation of community enrichment and involvement, empowering them to address issues, advance their knowledge and activate their role as a leader.
- $13,176 spent. Public Policy Leadership - The series will appeal to individuals who hold (or want to hold) elected office or hold leadership positions in the public, private, and non-profit sectors and want to engage in public policy and be effective change-makers. The series will help educate participants on how to develop sound public policy, better understand functions and structure of government in Nevada and its funding sources and mechanisms, and learn best practicies in public policy development.
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
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 November 6, 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 December 2024.
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 February 1996.
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 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.