Winter Foundation
Winter Foundation consistently operates with expenses exceeding revenue, relying on asset base, and reports no officer compensation.
EIN: 10374565 · Auburn, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $367K |
| Total Expenses | $248K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $626K |
| Transparency Score | 70/100 |
Is Winter Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winter Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winter Foundation
Winter Foundation (EIN: 10374565) is a nonprofit organization based in Auburn, ME. The organization reported total revenue of $367K and total assets of $623K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winter Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winter Foundation is a small nonprofit that has been operating for 54 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $242K |
| Total Expenses | $248K |
| Surplus / Deficit | $-5,149 |
| Total Assets | $635K |
| Total Liabilities | $8K |
| Net Assets | $626K |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 30.8 months |
Financial Health Grade: B
In 2021, Winter Foundation reported a deficit of $5K with expenses exceeding revenue, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Winter Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +1148.7% | +285.7% | +49.0% |
| 2020 | -92.5% | -76.1% | -20.3% |
| 2019 | +7.2% | +1.3% | +3.8% |
| 2018 | -2.7% | -4.7% | -4.6% |
| 2017 | +16.2% | +2.8% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Winter Foundation with a Mission Score of 70 out of 100 (Good). 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, Winter Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The Winter Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization with annual expenses exceeding $200,000.
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 Winter Foundation's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in most years (e.g., 2021: $247,529 expenses vs. $242,380 revenue), indicating potential reliance on reserves.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided data, limiting transparency on efficiency.
- NTEE Code is unknown, which can make it difficult to understand the organization's specific mission and compare it to peers.
Strengths
The following positive indicators were identified for Winter Foundation:
- Consistent reporting of 0% officer compensation, suggesting a potentially very lean administrative overhead.
- Maintains a healthy asset base ($623,349 latest assets) that significantly exceeds annual expenses, providing financial stability.
- Long filing history (11 filings) indicates consistent operation and compliance with IRS reporting requirements.
Frequently Asked Questions about Winter Foundation
Is Winter Foundation a legitimate charity?
Winter Foundation (EIN: 10374565) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $367K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Winter Foundation spend its money?
Winter Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Winter Foundation tax-deductible?
Winter Foundation is registered as a tax-exempt nonprofit (EIN: 10374565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Winter Foundation CEO make?
Winter Foundation's highest-compensated officer earns $200,000. annually. The organization reported $367K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Winter Foundation's spending goes to programs?
Winter Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Winter Foundation located?
Winter Foundation is headquartered in Auburn, Maine and files with the IRS under EIN 10374565.
How many years of IRS 990 filings does Winter Foundation have?
Winter Foundation has 11 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 $367K in total revenue.
How does Winter Foundation cover its operational deficits when expenses frequently exceed revenue?
The organization appears to cover its operational deficits by drawing from its accumulated assets, which have consistently been higher than annual expenses, or through other unreported revenue streams. For example, in 2021, expenses were $247,529 while revenue was $242,380.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to precisely assess spending efficiency. However, the consistent 0% officer compensation suggests a lean administrative structure.
Is the Winter Foundation primarily volunteer-run given the 0% officer compensation?
The consistent reporting of 0% officer compensation strongly suggests that the Winter Foundation is either entirely volunteer-run at the executive level or that executive compensation is categorized differently in their filings, which would require further investigation.
Filing History
IRS 990 filing history for Winter Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Winter Foundation's revenue has grown by 5.1%, moving from $231K to $242K. Total assets increased by 55.3% over the same period, from $409K to $635K. Total functional expenses fell by 6.6%, from $265K to $248K. In its most recent filing year (2021), Winter Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $8K in liabilities against $635K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $626K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $242K | $248K | $635K | $8K | — | — |
| 2020 | $19K | $64K | $426K | $8K | — | — |
| 2019 | $260K | $268K | $535K | $0 | — | View 990 |
| 2018 | $242K | $265K | $515K | $0 | — | View 990 |
| 2017 | $249K | $278K | $540K | $0 | — | View 990 |
| 2016 | $214K | $270K | $470K | $0 | — | View 990 |
| 2015 | $250K | $277K | $526K | $0 | — | View 990 |
| 2014 | $229K | $249K | $557K | $0 | — | View 990 |
| 2013 | $227K | $255K | $578K | $0 | — | View 990 |
| 2012 | $252K | $265K | $538K | $0 | — | View 990 |
| 2011 | $231K | $265K | $409K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $242K, expenses of $248K, and assets of $635K (revenue +1148.7% year-over-year).
- 2020: Revenue of $19K, expenses of $64K, and assets of $426K (revenue -92.5% year-over-year).
- 2019: Revenue of $260K, expenses of $268K, and assets of $535K (revenue +7.2% year-over-year).
- 2018: Revenue of $242K, expenses of $265K, and assets of $515K (revenue -2.7% year-over-year).
- 2017: Revenue of $249K, expenses of $278K, and assets of $540K (revenue +16.2% year-over-year).
- 2016: Revenue of $214K, expenses of $270K, and assets of $470K (revenue -14.2% year-over-year).
- 2015: Revenue of $250K, expenses of $277K, and assets of $526K (revenue +9.2% year-over-year).
- 2014: Revenue of $229K, expenses of $249K, and assets of $557K (revenue +0.8% year-over-year).
- 2013: Revenue of $227K, expenses of $255K, and assets of $578K (revenue -10.0% year-over-year).
- 2012: Revenue of $252K, expenses of $265K, and assets of $538K (revenue +9.3% year-over-year).
- 2011: Revenue of $231K, expenses of $265K, and assets of $409K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winter Foundation:
Data Sources and Methodology
This transparency report for Winter Foundation 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.