Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Somerset Academy of Las Vegas is a college preparatory charter school focusing on secondary education. With an operating budget of $106.6 million and total revenue of $111.6 million for the 2024 filing year, the organization is significantly supported by top funders including GLOBAL IMPACT and SPEEDWAY CHILDREN'S CHARITIES, with the former providing over 50% of its revenue. For more information, visit www.somersetacademyoflasvegas.com.

Mission Statement

SOMERSET ACADEMY OF LAS VEGAS IS A COLLEGE PREPARATORY CHARTER SCHOOL.
Revenues
$111.6M
Expenses
$106.6M
Net Income:
+$4.9M
Assets
$213.9M
Liabilities
$218M
Net Assets:
-$4.1M
Operating Budget
$106.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
L
Lenora Bredsguard
Board Member
C
Cody Noble
Board Member
T
Travis Mizer
Board Member

Frequently Asked Questions

What is SOMERSET ACADEMY OF LAS VEGAS’s budget?
In 2024, SOMERSET ACADEMY OF LAS VEGAS reported an annual operating budget of around $106.6 million. More detailed financial information is available to registered users.
What causes does SOMERSET ACADEMY OF LAS VEGAS support?
SOMERSET ACADEMY OF LAS VEGAS supports work in Secondary education.
Where does SOMERSET ACADEMY OF LAS VEGAS operate?
SOMERSET ACADEMY OF LAS VEGAS is headquartered in LAS VEGAS, NV.
Who funded SOMERSET ACADEMY OF LAS VEGAS recently?
In 2024, SOMERSET ACADEMY OF LAS VEGAS received grants from SPEEDWAY CHILDREN'S CHARITIES, PROJECT LEAD THE WAY INC, and SPEEDWAY CHILDREN'S CHARITIES. More information on this organization’s funders is available to registered users.
What is the largest grant SOMERSET ACADEMY OF LAS VEGAS received in 2024?
The largest grant to SOMERSET ACADEMY OF LAS VEGAS in 2024 exceeds $10 thousand.
What is SOMERSET ACADEMY OF LAS VEGAS’s reliance on government grants?
SOMERSET ACADEMY OF LAS VEGAS relied on government grants for more than 5% of their total revenue in 2024.