Winnett Aces Inc
- Assets
- $673.9k
- Revenue
- $636.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Winnett, MT
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-2797938
Organization Overview
Winnett Aces Inc is located in Winnett, MT. The organization was established in 2019. According to its NTEE Classification (K25) the organization is classified as: Farmland Preservation, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Winnett Aces Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winnett Aces 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, Winnett Aces Inc generated $636.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $548.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHEN OUR COMMUNITY BY SUSTAINING THE HEALTH OF OUR LAND, ECONOMY, AND TRADITIONS FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAYCARE
RAFFLE EXPENSE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Brady Board Member | Trustee | $0 | |
Craig Iverson President | Officer | $0 | |
Chris King Vice Chair | Officer | $0 | |
Paul Mckenna Treasurer | Officer | $0 | |
Sig Pugrud Secretary | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,365 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $554,252 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $610,039 |
| Total Program Service Revenue | $18,691 |
| 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 | $636,609 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $111,011 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,124 |
| Payroll taxes | $16,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,586 |
| Office expenses | $1,557 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,287 |
| Travel | $6,616 |
| 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 | $5,545 |
| All other expenses | $3,285 |
| Total functional expenses | $548,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,860 |
| 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 | $0 |
| Net Land, buildings, and equipment | $510,044 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $673,856 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,179 |
| Total liabilities | $6,179 |
| Net assets without donor restrictions | $667,677 |
| 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 | $673,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyoming Stock Growers Land Tr Cheyenne, WY | $4,327,456 | $3,815,897 |
Winnett Aces Inc Winnett, MT | $673,856 | $636,609 |
Fort Peck Water Users Association Wolf Point, MT | $530,471 | $717,936 |
Payette Land Trust Inc Mccall, ID | $2,244,585 | $335,878 |
Bagg Bonanza Farm Historic Preservation Society Mooreton, ND | $697,303 | $59,395 |