The Winmax Foundation Inc
EIN: 311677020 · Cincinnati, OH · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $430K |
| Total Expenses | $205K |
| Net Assets | $475K |
Is The Winmax Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Winmax Foundation Inc
The Winmax Foundation Inc (EIN: 311677020) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code T22. The organization reported total revenue of $430K and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Winmax Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Winmax Foundation Inc is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $262K |
| Total Expenses | $205K |
| Surplus / Deficit | +$57K |
| Total Assets | $475K |
| Total Liabilities | $1 |
| Net Assets | $475K |
| Operating Margin | 21.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 27.8 months |
Financial Health Grade: A
In 2023, The Winmax Foundation Inc reported a surplus of $57K with revenue exceeding expenses, holds 27.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Winmax Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.6% | -20.2% | -7.0% |
| 2022 | -13.8% | +48.1% | -21.7% |
| 2021 | +8.9% | -78.1% | -4.1% |
| 2020 | +20.6% | +67.0% | -48.4% |
| 2019 | -82.7% | +46.3% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Winmax Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Winmax Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Winmax Foundation Inc
Is The Winmax Foundation Inc a legitimate charity?
The Winmax Foundation Inc (EIN: 311677020) is a registered tax-exempt nonprofit based in Ohio. It has 10 years of IRS 990 filings on record. Total revenue: $430K. No red flags identified. Financial health grade: A.
How does The Winmax Foundation Inc spend its money?
The Winmax Foundation Inc reported $430K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Winmax Foundation Inc tax-deductible?
The Winmax Foundation Inc is registered as a tax-exempt nonprofit (EIN: 311677020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Winmax Foundation Inc located?
The Winmax Foundation Inc is headquartered in Cincinnati, Ohio and files with the IRS under EIN 311677020. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Winmax Foundation Inc have?
The Winmax Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $430K in total revenue.
Filing History
IRS 990 filing history for The Winmax Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Winmax Foundation Inc's revenue has grown by 8.6%, moving from $241K to $262K. Total assets decreased by 28% over the same period, from $661K to $475K. Total functional expenses fell by 5.6%, from $217K to $205K. In its most recent filing year (2023), The Winmax Foundation Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $1 in liabilities against $475K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $475K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $262K | $205K | $475K | $1 | — | — |
| 2022 | $210K | $257K | $511K | $1 | — | View 990 |
| 2021 | $244K | $174K | $653K | $1 | — | — |
| 2020 | $224K | $795K | $681K | $1 | — | — |
| 2019 | $186K | $476K | $1.3M | $1 | — | View 990 |
| 2015 | $1.1M | $325K | $1.2M | $1 | — | View 990 |
| 2014 | $497K | $316K | $845K | $1 | — | View 990 |
| 2013 | $730K | $161K | $864K | $1 | — | View 990 |
| 2012 | $392K | $165K | $695K | $1 | — | — |
| 2011 | $241K | $217K | $661K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $262K, expenses of $205K, and assets of $475K (revenue +24.6% year-over-year).
- 2022: Revenue of $210K, expenses of $257K, and assets of $511K (revenue -13.8% year-over-year).
- 2021: Revenue of $244K, expenses of $174K, and assets of $653K (revenue +8.9% year-over-year).
- 2020: Revenue of $224K, expenses of $795K, and assets of $681K (revenue +20.6% year-over-year).
- 2019: Revenue of $186K, expenses of $476K, and assets of $1.3M (revenue -82.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $325K, and assets of $1.2M (revenue +116.1% year-over-year).
- 2014: Revenue of $497K, expenses of $316K, and assets of $845K (revenue -31.9% year-over-year).
- 2013: Revenue of $730K, expenses of $161K, and assets of $864K (revenue +86.1% year-over-year).
- 2012: Revenue of $392K, expenses of $165K, and assets of $695K (revenue +62.4% year-over-year).
- 2011: Revenue of $241K, expenses of $217K, and assets of $661K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Winmax Foundation Inc:
Data Sources and Methodology
This transparency report for The Winmax Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.