Pinecrest Academy of Nevada
76% goes to programs $0 to raise $100 Thin reserves Growing revenue
Pinecrest Academy of Nevada is a 501(c)(3) organization based in Henderson, Nevada, registered in 2017, with $88,451,424 in FY2023 revenue. CharityIndex grades it C+, and it directs about 76% of spending to programs.
1360 S Boulder Hwy, Henderson, NV, 89015 EIN 45-5065099 Since 2017
Revenue (FY2023)
$88.5M
▲ 25.6% vs prior year
Education median: $200K
Expenses (FY2023)
$94.9M
Net assets
-$31.4M
Employees
861
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating76% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pinecrest Academy of Nevada: 76% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pinecrest Academy of Nevada: 0 mo reserves · -7% margin earns a D on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pinecrest Academy of Nevada: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pinecrest Academy of Nevada: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Pinecrest academy of nevada is a college prep charter school that unites the community to prepare students for college and career.
What they do
Student generated funds - activities include aftercare, clubs, campus vending machines, concessions operated by student and facility volunteers, and other organized school activities.
Special education funding - expenses associated with special education, in addition to the generalized expenses covered by the operating account.
Contact & location
- Address
- 1360 S Boulder Hwy, Henderson, NV, 89015
- City
- Henderson
- State
- Nevada
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $29.3M (FY2016) to $88.5M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $207.3MNet assets -$31.4M
Operating margin
-7.3%
Spent more than it raised in the latest fiscal year.
Total assets
$175.9M
Total liabilities
$207.3M
Net assets
-$31.4M
Salaries & benefits
$52.9M
56% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,451,424▲25.6% | $94,936,453▲22.4% | -$31,390,200▼26.0% | $175,879,535 | 990 |
| 2022 | $70,439,245▲3.6% | $77,581,454▲19.3% | -$24,905,171▼40.2% | $175,890,405▲0.4% | 990 |
| 2021 | $68,019,538▲23.2% | $65,041,947▲8.5% | -$17,762,962▼27.3% | $175,143,552▼3.2% | 990 |
| 2020 | $55,227,601▲7.7% | $59,942,016▲14.1% | -$13,953,469▼51.0% | $180,969,815▲14.6% | 990 |
| 2019 | $51,289,957▲33.2% | $52,545,242▲16.4% | -$9,239,054▼15.7% | $157,898,888▲49.2% | 990 |
| 2018 | $38,511,546▲13.7% | $45,145,652▲30.4% | -$7,983,769▼492% | $105,809,184▲320% | 990 |
| 2017 | $33,862,243▲15.6% | $34,610,981▲19.7% | -$1,349,663▼125% | $25,175,830▲36.2% | 990 |
| 2016 | $29,305,075 | $28,912,184 | -$600,924 | $18,482,263 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Michael O'dowd — $218,257 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael O'dowd | Principal-pinecrest Inspirada | 40 | $218,257 |
| Lisa Satory | Principal-pinecrest Sloan | 40 | $163,336 |
| Bryan Rudden | Principal-pinecrest Cadence | 40 | $146,395 |
| Wendy Shirey | Principal-pinecrest Horizon | 40 | $138,898 |
| Jon Haskel | Principal-pinecrest St. Rose | 40 | $137,897 |
| Chong Nam | Board Treasurer | 2 | — |
| Coby Sherlock | Board Chair | 2 | — |
| Danielle Mcdowell | Board Member | 2 | — |
| Jennifer Willamson | Board Secretary | 2 | — |
| Mami Watkins | Board Vice Chair | 2 | — |
| Patricia Charlton | Board Member | 2 | — |
| Tyre Gray | Board Member | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Academica Nevada | Management Services | $3,860,490 |
Grants received · $370K total
6 grants to Pinecrest Academy of Nevada totaling $370K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Project Lead the Way Inc | Program expansion | 2024 | $30,000 |
| Project Lead the Way Inc | Program expansion | 2022 | $25,000 |
| Project Lead the Way Inc | Program expansion | 2022 | $25,000 |
| Project Lead the Way Inc | Program implementation | 2019 | $10,000 |
| Global Impact | Donor advised fund | 2018 | $186,315 |
| Global Impact | Donor advised fund | 2017 | $93,420 |
Grants made · $554K in FY2023
1 grant totaling $554K in FY2023. All grants made by Pinecrest Academy of Nevada →
| Recipient | Purpose | Amount |
|---|---|---|
| Pinecrest Academy of Nevada Foundation | Operations support | $553,545 |
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Frequently asked questions
- Is Pinecrest Academy of Nevada a legitimate nonprofit?
- Yes. Pinecrest Academy of Nevada is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-5065099, based in Henderson, Nevada. Donations are tax-deductible.
- What is Pinecrest Academy of Nevada's EIN?
- Pinecrest Academy of Nevada's Employer Identification Number (EIN) is 45-5065099.
- How much revenue does Pinecrest Academy of Nevada report?
- Pinecrest Academy of Nevada reported $88,451,424 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Pinecrest Academy of Nevada's spending goes to programs?
- Pinecrest Academy of Nevada spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pinecrest Academy of Nevada have?
- CharityIndex grades Pinecrest Academy of Nevada C+, based on program efficiency and fundraising cost.
- How much does Pinecrest Academy of Nevada's highest-paid employee make?
- The highest reported compensation on Pinecrest Academy of Nevada's latest Form 990 is $218,257, paid to Michael O'dowd (Principal-pinecrest Inspirada).
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Explore more
Data for Pinecrest Academy of Nevada (EIN 45-5065099) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.