Winston Foundation Inc
Winston Foundation Inc. consistently spends more than it earns annually, relying on substantial assets.
EIN: 136161672 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.5M |
| Total Expenses | $5.7M |
| Program Spending | 80% |
| Net Assets | $87.0M |
| Transparency Score | 85/100 |
Is Winston Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winston Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winston Foundation Inc
Winston Foundation Inc (EIN: 136161672) is a nonprofit organization based in New York, NY. The organization reported total revenue of $11.5M and total assets of $84.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winston Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winston Foundation Inc is a large nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $5.7M |
| Surplus / Deficit | $-2,464,519 |
| Total Assets | $87.1M |
| Total Liabilities | $105K |
| Net Assets | $87.0M |
| Operating Margin | -75.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 182.8 months |
Financial Health Grade: B
In 2023, Winston Foundation Inc reported a deficit of $2.5M with expenses exceeding revenue, holds 182.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Winston Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.6% | +7.1% | -2.8% |
| 2022 | -25.7% | -9.9% | +6.2% |
| 2021 | +382.3% | +29.3% | +10.1% |
| 2020 | -83.3% | -0.3% | -2.0% |
| 2019 | +673.2% | +2.5% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Winston Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Winston Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a highly efficient volunteer-led executive structure or that executive services are provided without direct compensation, which is a strong positive for transparency and cost control relative to the organization's size and asset base.
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 Winston Foundation Inc's IRS 990 filings:
- Recurring operational deficits (expenses exceeding revenue) in multiple fiscal periods (e.g., 2023, 2020, 2015, 2014, 2012, 2011).
- Significant fluctuations in annual revenue, making financial planning potentially challenging (e.g., $17.8M in 2019 vs. $2.9M in 2020).
Strengths
The following positive indicators were identified for Winston Foundation Inc:
- Substantial and stable asset base (e.g., $87,129,879 in 2023) providing financial stability.
- Excellent transparency regarding executive compensation, with 0% reported officer compensation across all filings.
- Low liabilities relative to assets, indicating good debt management.
- Consistent operational activity over a long period (10 filings provided).
Frequently Asked Questions about Winston Foundation Inc
Is Winston Foundation Inc a legitimate charity?
Winston Foundation Inc (EIN: 136161672) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.5M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Winston Foundation Inc spend its money?
Winston Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Winston Foundation Inc tax-deductible?
Winston Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136161672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Winston Foundation Inc's spending goes to programs?
Winston Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Winston Foundation Inc located?
Winston Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136161672.
How many years of IRS 990 filings does Winston Foundation Inc have?
Winston 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 $11.5M in total revenue.
Is Winston Foundation Inc. financially sustainable given its recurring operational deficits?
While the organization has substantial assets (e.g., $87,129,879 in 2023) that can cover operational deficits, the recurring trend of expenses exceeding revenue in multiple years (e.g., 2023, 2020) suggests a reliance on drawing from its endowment. Long-term sustainability depends on the growth rate of its investments relative to its spending.
What is the primary source of funding for Winston Foundation Inc.?
Given the fluctuating and sometimes low annual revenue compared to consistent expenses and a large asset base, it is likely that the organization relies significantly on investment income from its substantial endowment, in addition to periodic contributions.
How does Winston Foundation Inc. manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by unpaid volunteers, or that compensation is structured in a way that is not reported as direct officer compensation on the 990 form, such as through a related entity or as part of a broader administrative expense category not specifically attributed to officers.
Filing History
IRS 990 filing history for Winston Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Winston Foundation Inc's revenue has grown by 4.3%, moving from $3.1M to $3.3M. Total assets increased by 13.7% over the same period, from $76.6M to $87.1M. Total functional expenses rose by 19.4%, from $4.8M to $5.7M. In its most recent filing year (2023), Winston Foundation Inc reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $105K in liabilities against $87.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $87.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $5.7M | $87.1M | $105K | — | View 990 |
| 2022 | $10.7M | $5.3M | $89.6M | $123K | — | View 990 |
| 2021 | $14.4M | $5.9M | $84.4M | $271K | — | View 990 |
| 2020 | $3.0M | $4.6M | $76.6M | $103K | — | — |
| 2019 | $17.9M | $4.6M | $78.2M | $178K | — | View 990 |
| 2015 | $2.3M | $4.5M | $68.5M | $74K | — | View 990 |
| 2014 | $2.9M | $4.5M | $70.6M | $48K | — | View 990 |
| 2013 | $5.4M | $4.7M | $72.3M | $88K | — | View 990 |
| 2012 | $2.4M | $4.7M | $73.6M | $2.0M | — | View 990 |
| 2011 | $3.1M | $4.8M | $76.6M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $5.7M, and assets of $87.1M (revenue -69.6% year-over-year).
- 2022: Revenue of $10.7M, expenses of $5.3M, and assets of $89.6M (revenue -25.7% year-over-year).
- 2021: Revenue of $14.4M, expenses of $5.9M, and assets of $84.4M (revenue +382.3% year-over-year).
- 2020: Revenue of $3.0M, expenses of $4.6M, and assets of $76.6M (revenue -83.3% year-over-year).
- 2019: Revenue of $17.9M, expenses of $4.6M, and assets of $78.2M (revenue +673.2% year-over-year).
- 2015: Revenue of $2.3M, expenses of $4.5M, and assets of $68.5M (revenue -19.9% year-over-year).
- 2014: Revenue of $2.9M, expenses of $4.5M, and assets of $70.6M (revenue -46.1% year-over-year).
- 2013: Revenue of $5.4M, expenses of $4.7M, and assets of $72.3M (revenue +126.8% year-over-year).
- 2012: Revenue of $2.4M, expenses of $4.7M, and assets of $73.6M (revenue -24.3% year-over-year).
- 2011: Revenue of $3.1M, expenses of $4.8M, and assets of $76.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winston Foundation Inc:
Data Sources and Methodology
This transparency report for Winston 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.