Winners Circle International Inc
- Assets
- $2.8m
- Revenue
- $49.0k
- Investments
- $652.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 12/1974
- Data as of
- 12/2023
- EIN
- 23-7421257
Organization Overview
Winners Circle International Inc is located in Shreveport, LA. The organization was established in 1974. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winners Circle International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Winners Circle International Inc generated $49.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $257.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS
Describe the Organization's Program Activity:
SPREADING THE GOSPEL OF JESUS CHRIST THROUGH MUSIC, RADIO, TV AND EVANGELISTIC ACTIVITIES IN CHURCHES AND MEETING HALLS THROUGHOUT THE US AND OVERSEAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denny Duron President | Trustee | 20 | $41,000 |
Deanza Duron Secretary | Trustee | 20 | $30,000 |
Denny Rodney Duron Director | Trustee | 1 | $0 |
Frances Duron Director | Trustee | 1 | $0 |
Judy Meller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,878 |
| Total Program Service Revenue | $11,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$14,372 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,006 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,393 |
| Grants and other assistance to domestic individuals. | $6,504 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,000 |
| Compensation of current officers, directors, key employees. | $71,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,959 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $6,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,380 |
| Advertising and promotion | $0 |
| Office expenses | $7,116 |
| Information technology | $24 |
| Royalties | $0 |
| Occupancy | $2,083 |
| Travel | $12 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,277 |
| Insurance | $6,472 |
| All other expenses | $0 |
| Total functional expenses | $257,800 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,427 |
| Savings and temporary cash investments | $1,075 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,223 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,176,511 |
| Inventories for sale or use | $1,317 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,565,647 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $652 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,760,852 |
| Accounts payable and accrued expenses | $19,313 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6,300 |
| Secured mortgages and notes payable | $43,683 |
| Unsecured mortgages and notes payable | $2,677,388 |
| Other liabilities | $216,648 |
| Total liabilities | $2,963,332 |
| Net assets without donor restrictions | -$202,480 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,760,852 |
Grants Awarded
Over the last fiscal year, Winners Circle International Inc has awarded $79,850 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EVANGEL CHRISTIAN ACADEMY PURPOSE: SUPPORT RELIGIOUS ED | $51,050 |
SHREVEPORT COMMUNITY CHURCH PURPOSE: RELIGIOUS | $13,000 |
GMT PURPOSE: RELIGIOUS | $15,800 |