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Winners Foundation

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

EIN: 953929755 ✦ Arcadia, CA ✦ Designated as a 501(c)(3)

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Overview

What is Winners Foundation?

Winners Foundation is a charitable organization based in Arcadia, California, specifically located at 285 W Huntington Drive. Its primary mission is to offer assistance to individuals employed in the California Horse Racing industry who are facing personal and professional challenges due to issues such as substance use disorders, mental illness, compulsive gambling, and other crisis-inducing problems. The foundation aims to provide essential support and referral services to help those in need, improving their overall well-being and enabling them to maintain a stable lifestyle for themselves and their loved ones. With a dedicated team of three employees, Winners Foundation is committed to making a positive impact within the California Horse Racing community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating

Winners Foundation has achieved an overall score of 82%, which reflects a solid commitment to accountability and finance. The charity benefits from a fully independent board, with all 11 members demonstrating independence. Additionally, it has scored highly on financial management, with a program expense ratio of nearly 80%, indicating that a significant portion of its funds is directed towards its programs.

However, the organization does have notable gaps in its transparency and governance practices. It lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which are important for maintaining trust and accountability. Furthermore, the absence of a website listed on its tax form and the failure to post tax forms on its website suggest room for improvement in its public accessibility and transparency efforts.

Overall, while Winners Foundation demonstrates strong financial performance and governance through an independent board, these operational shortcomings highlight areas where the organization can enhance its accountability and transparency for stakeholders and the public.


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

Is Winners Foundation legitimate?

Winners Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winners 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: $92,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,839

For more financial information, click here

What is the mission statement of Winners Foundation?

The Winners Foundation is a non-profit organization dedicated to offering assistance and support to the employees and families within the California Horse Racing community. Their primary mission is to help individuals grappling with substance use disorders, mental illness, compulsive gambling, and other personal issues that may lead to crisis in their lives, ensuring they receive the necessary resources and referrals for recovery and improved well-being. The foundation serves as a trusted source of information and support, aiming to make a positive impact on the lives of those affected.

Who is the CEO of Winners Foundation?

Gino Roncelli is the President of Winners Foundation.

What is the revenue of Winners Foundation?

Winners Foundation's revenue in 2022 was $515,671.

Who are the executives of Winners Foundation and what are their salaries?

The average compensation at Winners Foundation during 2022 was $64,626. There are 3 employees at Winners Foundation.


Here are 13 key members and their salaries:


Darin K Scharer (Executive Dir.)
  • Compensation: $92,038
  • Related: $0
  • Other: $0
Thomas Capehart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ada Geraghty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Forney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Ricciardella (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Haire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Harper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Chew (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dino Perez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kilpack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Murray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gino Roncelli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick English (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Winners Foundation?

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

Mission Statement of Winners Foundation

The Winners Foundation, a non-profit organization, is dedicated to offering assistance to employees and their families within the California Horse Racing community. Its primary objective is to aid individuals struggling with personal and professional challenges due to substance use disorder, mental illness, compulsive gambling, and other issues that may be causing crises in their lives. The Foundation's mission is to provide vital information, support, and referral services to help these individuals and their loved ones navigate through difficult times and find the resources they need to overcome their struggles.

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Impact




July, 2024

Winners Foundation provides crucial support and referral services for employees and family members of the California Horse Racing community who are facing challenges related to substance use disorder, mental illness, compulsive gambling, and other crises. By offering assistance and resources, Winners Foundation plays a vital role in helping individuals navigate these difficult situations and work towards recovery and stability.




This information is meant to be a general summary of Winners 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
$515,671 (2022)
Expenses
$483,970 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,312
  • Program Service Revenue: $476,975
  • Gross Receipts: $515,671

Assets and Liabilities:

  • Total Assets: $910,410
  • Total Liabilities: $2,097
  • Net Assets: $908,313

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INDUSTRY CONTRIBUTIONS

Revenue

$476,975

Organization Details

Principal Officer

Gino Roncelli

Main Address

285 W HUNTINGTON DRIVE, ARCADIA, CA, 91006

NTEE Category

Code: F22J - Mental health

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