Windsor Foundation Inc
Windsor Foundation Inc. faces severe financial challenges with 2023 revenue of $41 against $227,551 in expenses.
EIN: 201484900 · Dover, DE · NTEE: T20 · Updated: 2026-03-28
Is Windsor Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Windsor Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Windsor Foundation Inc
Windsor Foundation Inc (EIN: 201484900) is a nonprofit organization based in Dover, DE, classified under NTEE code T20. The organization reported total revenue of $3K and total assets of $168K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Windsor Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Windsor Foundation Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -53.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41 |
| Total Expenses | $228K |
| Surplus / Deficit | $-227,510 |
| Total Assets | $371K |
| Total Liabilities | $1 |
| Net Assets | $371K |
| Operating Margin | -554902.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, Windsor Foundation Inc reported a deficit of $228K with expenses exceeding revenue, holds 19.5 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), Windsor Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -53.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -99.9% | -22.3% | -38.0% |
| 2022 | -94.5% | +5.9% | -30.4% |
| 2021 | -14.3% | +8.1% | +56.7% |
| 2020 | +131.8% | +3.4% | +363.7% |
| 2019 | +93.0% | -29.6% | -47.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Windsor Foundation Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Windsor Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $228K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led structure or that executive compensation is not reported in a standard manner, which is unusual for an organization with significant expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Windsor Foundation Inc's IRS 990 filings:
- Severe revenue decline: Revenue dropped from $587,737 in 2021 to $41 in 2023, while expenses remained high.
- Unsustainable financial model: Expenses ($227,551 in 2023) vastly exceed revenue ($41) in the most recent filing.
- Significant asset depletion: Assets decreased from $1,099,145 in 2011 to $370,632 in 2023.
- Lack of clarity on executive compensation: Consistent 0% officer compensation for an organization with significant expenses could indicate unreported compensation or a fully volunteer structure, which warrants further scrutiny for transparency.
Strengths
The following positive indicators were identified for Windsor Foundation Inc:
- Low reported liabilities: Consistently reports minimal liabilities ($0 or $1), indicating low debt burden.
- Historical capacity for significant revenue: Demonstrated ability to generate substantial revenue in prior years (e.g., $686,005 in 2020).
Frequently Asked Questions about Windsor Foundation Inc
Is Windsor Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Windsor Foundation Inc (EIN: 201484900) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Windsor Foundation Inc spend its money?
Windsor Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Windsor Foundation Inc tax-deductible?
Windsor Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201484900). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Windsor Foundation Inc. a good charity?
Based on the financial data, Windsor Foundation Inc. is currently facing significant financial distress, with revenue plummeting to $41 in 2023 while expenses remained high at $227,551. This severe imbalance raises serious concerns about its operational effectiveness and sustainability, making it difficult to assess it as a 'good' charity without further information on how it is managing this deficit and what programs it is still able to deliver.
How does the organization sustain itself with such low revenue?
The organization's ability to sustain itself with $41 in revenue against $227,551 in expenses in 2023 is highly questionable. It likely relies heavily on drawing down its assets, which have decreased from over $1 million in 2011 to $370,632 in 2023, or has other unreported funding sources or significant operational changes not reflected in the summary data.
What caused the dramatic drop in revenue from 2021 to 2023?
The provided data does not specify the cause of the dramatic drop in revenue from $587,737 in 2021 to $41 in 2023. This significant decline warrants further investigation into funding sources, grant cycles, or potential changes in organizational strategy or capacity.
What are the specific programs Windsor Foundation Inc. supports?
The provided IRS 990 data summary does not detail the specific programs or activities undertaken by Windsor Foundation Inc. To understand its programmatic impact, one would need to review the full 990 forms, particularly Schedule O and Part III, Statement of Program Service Accomplishments.
Filing History
IRS 990 filing history for Windsor Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Windsor Foundation Inc's revenue has declined by 100%, moving from $431K to $41. Total assets decreased by 66.3% over the same period, from $1.1M to $371K. Total functional expenses fell by 52.1%, from $475K to $228K. In its most recent filing year (2023), Windsor Foundation Inc reported a deficit of $228K, with expenses exceeding revenue. The organization holds $1 in liabilities against $371K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $371K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41 | $228K | $371K | $1 | — | — |
| 2022 | $32K | $293K | $598K | $1 | — | View 990 |
| 2021 | $588K | $277K | $859K | $1 | — | — |
| 2020 | $686K | $256K | $548K | $1 | — | View 990 |
| 2019 | $296K | $248K | $118K | $1 | — | View 990 |
| 2015 | $153K | $352K | $225K | $1 | — | View 990 |
| 2014 | $211K | $387K | $424K | $1 | — | View 990 |
| 2013 | $168K | $403K | $600K | $1 | — | View 990 |
| 2012 | $180K | $444K | $835K | $1 | — | View 990 |
| 2011 | $431K | $475K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41, expenses of $228K, and assets of $371K (revenue -99.9% year-over-year).
- 2022: Revenue of $32K, expenses of $293K, and assets of $598K (revenue -94.5% year-over-year).
- 2021: Revenue of $588K, expenses of $277K, and assets of $859K (revenue -14.3% year-over-year).
- 2020: Revenue of $686K, expenses of $256K, and assets of $548K (revenue +131.8% year-over-year).
- 2019: Revenue of $296K, expenses of $248K, and assets of $118K (revenue +93.0% year-over-year).
- 2015: Revenue of $153K, expenses of $352K, and assets of $225K (revenue -27.3% year-over-year).
- 2014: Revenue of $211K, expenses of $387K, and assets of $424K (revenue +25.6% year-over-year).
- 2013: Revenue of $168K, expenses of $403K, and assets of $600K (revenue -6.6% year-over-year).
- 2012: Revenue of $180K, expenses of $444K, and assets of $835K (revenue -58.3% year-over-year).
- 2011: Revenue of $431K, expenses of $475K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Windsor Foundation Inc:
Data Sources and Methodology
This transparency report for Windsor 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.