Wingstop Charities
- Assets
- $486.0k
- Revenue
- $590.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Addison, TX
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2579902
Organization Overview
Wingstop Charities is located in Addison, TX. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wingstop Charities 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 12/2021, Wingstop Charities generated $590.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $589.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Wingstop Charities has awarded 15 individual grants totaling $150,495. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WINGSTOP CHARITIES IS TO ENGAGE YOUTH IN THE PURSUIT OF THEIR PASSIONS AND TO PROVIDE DIRECT SUPPORT TO TEAM MEMBERS EXPERIENCING EMERGENCY FINANCIAL HARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINGSTOP CHARITIES PROVIDES OPPORTUNITIES FOR YOUTH ENGAGEMENT IN COMMUNITIES THROUGHOUT THE UNITED STATES THROUGH EDUCATION, ARTS, SPORTS, AND CAREER.
WINGSTOP CHARITIES, THROUGH WINGSTOP FOUNDATION, PROVIDES RELIEF OF THE DISTRESSED THROUGH A TEAM MEMBER ASSISTANCE FUND TO HELP TEAM MEMBERS AND THEIR ELIGIBILE DEPENDENTS WHO HAVE BEEN VICTIMS OF NATURAL DISASTERS OR OTHERWISE FACE SEVERE FINANCIAL HARDSHIP DUE TO PERSONAL EMERGENCIES.
WINGSTOP CHARITIES THROUGH THE MORRISON FAMILY SCHOLARSHIP WILL CREATE OPPORTUNITIES FOR FIRST GENERATION WINGSTOP AND BRAND PARTNER TEAM MEMBERS TO APPLY FOR POSTSECONDARY EDUCATION SCHOLARSHIPS. THE PROGRAM WILL SUPPORT STUDENTS PURSUING FOUR YEAR AND TWO YEAR DEGREES, AS WELL AS TECHNICAL OR TRADE CERTIFICATIONS FROM ACCREDITED INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Peterson President | OfficerTrustee | 1 | $0 |
Dorothy Edwards Treasurer | Officer | 5 | $0 |
Penny Cesak Secretary | Officer | 2 | $0 |
Joette Kropp Former Vp/executive Director | Officer | 20 | $0 |
Tina Howell Director | Trustee | 1 | $0 |
Donnie Upshaw 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 | $590,490 |
| Noncash contributions included in lines 1a–1f | $10,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $590,490 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $590,490 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $326,725 |
| Grants and other assistance to domestic individuals. | $158,729 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $36,531 |
| Office expenses | $26,291 |
| Information technology | $5,274 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $589,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $374,099 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $107,817 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,105 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $486,021 |
| Accounts payable and accrued expenses | $7,487 |
| Grants payable | $30,000 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,487 |
| Net assets without donor restrictions | $386,534 |
| Net assets with donor restrictions | $62,000 |
| 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 | $486,021 |
Grants Awarded
Over the last fiscal year, Wingstop Charities has awarded $134,495 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: SUPPORT FOR YOUTH BASED PROGRAMS | $15,000 |
New York, NY PURPOSE: SUPPORT FOR YOUTH BASED PROGRAMS | $15,000 |
Chicago, IL PURPOSE: SUPPORT FOR YOUTH BASED PROGRAMS | $10,000 |
Philadelphia, PA PURPOSE: SUPPORT FOR YOUTH BASED PROGRAMS | $10,000 |
Fort Worth, TX PURPOSE: SUPPORT FOR YOUTH BASED PROGRAMS | $10,000 |
McAllen, TX PURPOSE: SUPPORT FOR YOUTH BASED PROGRAMS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wingstop Charities has recieved totaling $47,884.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $32,850 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |