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Nevada · Nonprofit

FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS

FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS (Nevada) receives grants from 2 organizations whose IRS filings report $134,254 to it, the largest being FOUNDERS EDUCATION LEGACY INC ($133,754). 1 of them have funded it in more than one year.

Revenue FY2024
$13M
Funders on record
2
Grants received
$134k
Net assets
$-1985924
1/2 repeat funders
01What it does

What Founders Classical Academy of Las Vegas does

Mission

The mission of Founders Classical Academy of Las Vegas is to train the minds and improve the hearts of young people through a rigorous, classical education in the liberal arts and sciences, with instruction in the principles of moral character and civic virtue!

As stated on its FY2024 Form 990.

Program

  1. Operation of a public charter school serving approximately 1,000 students for the year ended june 30, 2024

    $7,382,235 spent$541,732 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $7,382,235.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($6.9M) Expenses 100 ($7.4M)2022 Revenue 112 ($7.7M) Expenses 101 ($7.5M)2023 Revenue 128 ($8.8M) Expenses 126 ($9.3M)2024 Revenue 186 ($13M) Expenses 179 ($13M)
2021202220232024
Revenue (186)Expenses (179)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $26M to $42M (+64%).

$23M
$25M
$26M
$42M
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 95% · 2022 92% · 2023 92% · 2024 90%. Grants only. Government contracts and fees sit inside program revenue.

91% of FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.

−$493k
’21
$198k
’22
−$520k
’23
−$450k
’24
9.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2021202220232024
Listed981010
Joined·+3+4+0
No longer listed·420
03Who funds it

Who funds it, year by year

2017 → 2018: the base narrowed from 2 funders to 1 funder, grant income fell $87k → $48k.

Funder
'17
'18
total
funders
2
1

From the IRS filings of FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS.

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 99% · 2018 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS's grant income comes from Nevada funders.

NV
UT

In-state vs out-of-state, by year

’17
’18
Nevada out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS holds deeper cash reserves than three-quarters of the 4,064 education nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve9.8mo · top quartile
Revenue growth (annualized)23% · top quartile

this organization peer median middle 50% of peers· 4,064 education nonprofits $10M–$100M, FY2024

Organizations like FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nevada

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

56% of spending goes to programs.

Program 56%Management 44%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NV

Part of a family of 1 related entity

  • Founders Education Legacy Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS?
FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS (Nevada) receives grants from 2 organizations whose IRS filings report $134,254 to it, the largest being FOUNDERS EDUCATION LEGACY INC ($133,754). 1 of them have funded it in more than one year.
How many funders does FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS have?
IRS filings report 2 organizations giving $134,254 in grants to FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS, 1 of which have funded it in more than one year.
Who is the largest funder of FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS?
FOUNDERS EDUCATION LEGACY INC is the largest funder on record, with $133,754 in grants. The full list of funders is on this page.
How can an organization like FOUNDERS CLASSICAL ACADEMY OF LAS VEGAS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nevada. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Founders Classical Academy of Las Vegas →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing