Nonprofit · EIN 42-1585159
NEVADA BENEFITS FOUNDATION
Tax-exempt · LAS VEGAS, NV 89134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $351,678 | $97,112 | $254,566 | $303,387 | $0 | $303,387 |
| December 31, 2023 | 990-EZ | $66,640 | $44,245 | $22,395 | $48,886 | – | $48,886 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $341,501
- Program service revenue
- $0
- Investment income
- $10,177
- Net gain from sales of assets
- -$1,137
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $12,960
- Salaries, compensation and benefits (total)
- $14,256
- Professional fundraising fees
- $0
- Legal fees
- $878
- Travel
- $195
- Depreciation
- $1,073
- Program services (functional)
- $59,107
- Management and general (functional)
- $38,005
Balance sheet and other
- Total assets, start of year
- $48,886
- Total assets, end of year
- $303,387
- Total liabilities, end of year
- $0
- Net assets, end of year
- $303,387
- Land, buildings and equipment
- $3,150
- Net assets without donor restrictions
- $303,387
- Gross receipts
- $598,911
- Employees
- 3
- Year formed
- 2003
- State of legal domicile
- NV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Philip Randazzo | President/Treas Trustee or director, Officer | 15 | $0 |
| Jennifer Randazzo | Secretary Trustee or director, Officer | 2 | $0 |
| Anne Lee | Secretary Trustee or director, Officer | 0.15 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Philip Randazzo | President/Treas | 15 | $0 |
| Jennifer Randazzo | Secretary | 2 | $0 |
| Anne Lee | Secretary | 0.15 | $0 |
Address and contacts
- Address (IRS master file)
- 9505 HILLWOOD DR STE 100, LAS VEGAS, NV 89134-0514
- In care of
- % PHILIP RANDAZZO
- Principal officer (990 for 2024)
- Philip Randazzo, 9505 Hillwood Drive 100, Las Vegas, NV 89134
- Signed the 990
- Philip Randazzo, President/Treas
- Phone
- (702) 258-1995
- Website
- AmericanDreamU.org
- Return prepared by
- Hilburn & Lein CPAs
Mission
Support Military troops that are deployed overseas and their families. Raise money to donate to Military charities, troops and their families.
Program accomplishments
- American Dream U is a non-profit dedicated to helping our military get the education and access to resources they need to find their dream job or to start a business of their own.Expenses $59,107
- Support the local Las Vegas Veteran community through food, housing, and care packages to deployed military members.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1585159
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W113)
- Assets (IRS master file)
- $303,387
- Income (IRS master file)
- $598,911
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $351,678 | $97,112 | $303,387 | XML |
| 990-EZ | December 2023 | $66,640 | $44,245 | $48,886 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1585159).
Questions about NEVADA BENEFITS FOUNDATION
- What is the EIN of NEVADA BENEFITS FOUNDATION?
- The employer identification number (EIN) of NEVADA BENEFITS FOUNDATION is 42-1585159.
- Is NEVADA BENEFITS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to NEVADA BENEFITS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEVADA BENEFITS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEVADA BENEFITS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEVADA BENEFITS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEVADA BENEFITS FOUNDATION?
- The 990 for the year ended December 31, 2024 names Philip Randazzo.
- Who are the officers and directors of NEVADA BENEFITS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEVADA BENEFITS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $351,678, expenses of $97,112 and total assets of $303,387 at year end.
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