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Winninghabits Charitable Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010887302 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Winninghabits Charitable Foundation?

Winninghabits Charitable Foundation is a nonprofit organization located in Dallas, Texas, with an address at 4755 Chapel Hill, 75214. Established under Section 501(C)(3) of the Internal Revenue Code, its mission is dedicated to charitable, religious, educational, and scientific pursuits. Despite being inactive in 2022, the foundation has plans to resume its operations in the future. The organization's primary purpose remains to contribute positively to various sectors, focusing on bettering communities and promoting social welfare.


Official website here: www.familybuild.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 31%, Zero-Star out of Four Star rating.

Winninghabits Charitable Foundation has received a low rating of 31%, reflecting significant concerns in its accountability and financial practices. The organization lacks independent board members, which raises issues regarding governance and decision-making. Additionally, key policies such as conflict of interest and whistleblower protections are missing, indicating potential vulnerabilities in operational integrity.

Despite some positive points, such as no material diversion of assets and a solid liabilities to assets ratio, the program expense ratio is concerning at only 50.39%, suggesting that less than half of the organization's expenditures are directed towards its programs. The absence of a posted tax form on the nonprofit's website further detracts from its transparency and accountability.

Overall, while Winninghabits Charitable Foundation displays some strengths, the significant gaps in governance and financial accountability warrant caution for potential donors and supporters. The lack of scoring in areas like impact measurement and community culture also suggests room for improvement in demonstrating effectiveness and engagement within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Winninghabits Charitable Foundation legitimate?

Winninghabits Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winninghabits Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.familybuild.org

What is the mission statement of Winninghabits Charitable Foundation?

The Winninghabits Charitable Foundation is established for charitable, religious, educational, and scientific purposes, adhering to Section 501(C)(3) of the Internal Revenue Code or its corresponding section in future federal tax codes. Its primary objective is to contribute to these sectors, ensuring it operates within the guidelines set by this tax code. Although the foundation was inactive in 2022, it has plans to become active again in the future. The specific activities and initiatives undertaken by the foundation to achieve these objectives are not provided in the given information.


Official website here: www.familybuild.org

Who is the CEO of Winninghabits Charitable Foundation?

David Michel is the Director of Winninghabits Charitable Foundation.


Official website here: www.familybuild.org

What is the revenue of Winninghabits Charitable Foundation?

Winninghabits Charitable Foundation's revenue in 2022 was $2,005.


Official website here: www.familybuild.org

Who are the executives of Winninghabits Charitable Foundation and what are their salaries?


Here are 3 key members and their salaries:


David Michel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Michel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Michel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.familybuild.org

Where can I find the form 990 for Winninghabits Charitable Foundation?

Winninghabits Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familybuild.org

Learn more at the official website: www.familybuild.org

Mission Statement of Winninghabits Charitable Foundation

Winninghabits Charitable Foundation, a nonprofit organization under Section 501(C)(3) of the Internal Revenue Code, is dedicated to serving charitable, religious, educational, and scientific purposes. This organization's mission is focused on contributing to various sectors that greatly impact society, including but not limited to, social welfare, spiritual growth, knowledge dissemination, and scientific research. By operating under this tax-exempt status, Winninghabits Charitable Foundation is able to allocate its resources effectively towards achieving its goals and making a positive impact in the community. Although the foundation was inactive in 2022, it has plans to reactivate its operations in the future, continuing its commitment to these charitable purposes.

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Impact




October, 2024

Winninghabits Charitable Foundation has made a significant impact by focusing on charitable, religious, educational, and scientific initiatives. By aligning its efforts with the mission outlined under Section 501(c)(3) of the Internal Revenue Code, the foundation aims to contribute meaningfully to various causes that uplift communities and promote personal development.

Although the organization was inactive for 2022, its commitment to resuming activities highlights its ongoing dedication to making a difference. Based in Dallas, Texas, Winninghabits plans to revitalize its outreach and support, reinforcing its role as a catalyst for positive change. The foundation's emphasis on philanthropy creates a pathway for collaboration and community engagement, setting the stage for future projects that will foster growth and enrich the lives of individuals in need.




This information is meant to be a general summary of Winninghabits Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,005 (2022)
Expenses
$525 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5
  • Gross Receipts: $2,005

Assets and Liabilities:

  • Total Assets: $2,586
  • Total Liabilities: $0
  • Net Assets: $2,586

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Organization Details

Founding Year

2008

Principal Officer

David Michel

Main Address

4755 CHAPEL HILL, DALLAS, TX, 75214

NTEE Category

Code: T50 - Philanthropy

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