Overview
What is Winnett Aces Inc?
Winnett Aces Inc is a dedicated nonprofit organization with a mission to fortify its community by ensuring the longevity of its land, economy, and cultural traditions for future generations. They accomplish this by implementing programs such as managing raffle expenses and promoting their cause through branding initiatives on doors. Their work aims to create a resilient and sustainable community for future generations.
Official website here: www.winnettaces.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 29%
Winnett Aces Inc has received a low score of 29%, resulting in a Zero-Star out of Four Star rating, primarily due to its poor performance in Accountability and Finance metrics. The rating indicates significant areas for improvement, especially in the transparency and availability of financial statements, which received no points. While the organization benefits from a fully independent board, the lack of essential governance policies has negatively impacted its score.
Strengths of the organization include having 100% independent board members and a small board size, which can facilitate effective oversight. Additionally, the organization has documented board meeting minutes and does not have any material diversion of assets. However, the absence of policies for conflict of interest, whistleblower protection, and document retention raises concerns about the organization's governance practices.
Significant limitations in the financial aspect are evident, particularly with a very low program expense ratio of 1.30%, suggesting that a minimal portion of funds may be allocated towards its mission-related activities. Furthermore, the liabilities to assets ratio of 0.91% also points to potential financial instability. Overall, these factors contribute to the organization's low score and highlight areas where Winnett Aces Inc needs to focus on improving accountability and transparency to gain public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Winnett Aces Inc legitimate?
Winnett Aces Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winnett Aces Inc 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: $54,632
For more financial information, click here
Official website here: www.winnettaces.org
What is the mission statement of Winnett Aces Inc?
Winnett Aces Inc's mission is centered around strengthening their community. They strive to ensure the health and sustainability of their land, economy, and traditions for future generations. This is achieved through their mission to reinforce the community, which is reflected in their programs such as managing raffle expenses and branding doors.
Official website here: www.winnettaces.org
Who is the CEO of Winnett Aces Inc?
Craig Iverson is the Board Member of Winnett Aces Inc.
Official website here: www.winnettaces.org
What is the revenue of Winnett Aces Inc?
Winnett Aces Inc's revenue in 2022 was $519,697.
Official website here: www.winnettaces.org
Who are the executives of Winnett Aces Inc and what are their salaries?
The average compensation at Winnett Aces Inc during 2022 was $18,211. There are 3 employees at Winnett Aces Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.winnettaces.org
Where can I find the form 990 for Winnett Aces Inc?
Winnett Aces Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.winnettaces.org
Learn more at the official website: www.winnettaces.org
Mission Statement of Winnett Aces Inc
Winnett Aces Inc, a nonprofit organization, is committed to enhancing the well-being of their community for future generations. Their mission is multifaceted, encompassing the health of the land, the economy, and traditions. They strive to preserve and protect these vital aspects of their community, ensuring they endure and thrive for generations to come. To achieve this, Winnett Aces Inc undertakes various programs and initiatives. One such initiative involves managing raffle expenses, an activity that not only contributes to their financial sustainability but also engages their community in a fun and participatory way. Additionally, they engage in branding door projects, which could potentially involve promoting their mission or activities on local buildings or structures. This holistic approach to community development reflects Winnett Aces Inc's dedication to nurturing a vibrant and resilient community for future generations.
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Impact
July, 2024
Winnett Aces Inc's impact is evident in its mission to strengthen the community by sustaining the health of the land, economy, and traditions for future generations in Winnett, Montana. Through their programs that cover raffle expenses and brand doors, Winnett Aces is actively involved in promoting and preserving the well-being of both the environment and the local economy. Their focus on sustainable practices and community building makes them a valuable player in ensuring a thriving and resilient community for generations to come.
This information is meant to be a general summary of Winnett Aces Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $8,508
- Gross Receipts: $519,697
Assets and Liabilities:
- Total Assets: $583,907
- Total Liabilities: $4,128
- Net Assets: $579,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING INCOME
Revenue
$8,508
Organization Details
Principal Officer
Craig Iverson
Main Address
PO BOX 118, WINNETT, MT, 59087
Website
www.winnettaces.orgNTEE Category
Code: K25 - Food
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