Wg100 Inc is located in Winter Garden, FL. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wg100 Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
100 INDIVIDUALS EACH DONATE $100 EVERY QUARTER TO AWARD TO LOCAL NONPROFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
100 INDIVIDUALS EACH DONATE $100 EVERY QUARTER. $10,000+ IS COLLECTIVELY AWARDED EVERY QUARTER TO LOCAL NONPROFITS. MEMBERS ATTEND FOUR AWARD MEETINGS EACH YEAR. THREE NONPROFITS ARE CHOSEN TO PRESENT AT EACH MEETING TO THE MEMBERS ABOUT THEIR ORGANIZATION AND HOW THEY WOULD USE THE DONATION TO MAKE A GREATER POSITIVE IMPACT ON THE COMMUNITY. MEMBERS THEN VOTE, AND THE ORGANIZATION WITH THE MOST VOTES IS AWARDED THE MAJORITY OF THE DONATION. MEMBERS WORK TO SUPPORT EACH OTHER AND THEIR LOCAL NONPROFITS, BOTH PROFESSIONALLY AND PERSONALLY, IN ORDER TO BETTER THEIR COMMUNITIES TOGETHER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aron Hotalen Director | Trustee | 2 | $0 |
George Munroe Director | Trustee | 2 | $0 |
Alexander Douglas Director | Trustee | 5 | $0 |
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 | $68,807 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $68,807 |
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 | $68,807 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $45,066 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,698 |
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 | $1,112 |
Office expenses | $809 |
Information technology | $460 |
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 | $3,889 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $345 |
Total functional expenses | $54,379 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,528 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
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 | $0 |
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 | $15,528 |
Accounts payable and accrued expenses | $1,100 |
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 | $0 |
Total liabilities | $1,100 |
Net assets without donor restrictions | $0 |
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 | $14,428 |
Total liabilities and net assets/fund balances | $15,528 |
Over the last fiscal year, Wg100 Inc has awarded $20,178 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
EIGHT WAVES PURPOSE: TO BETTER OUR LOCAL COMMUNITY | $5,600 |
SOUTHERN CROSS SERVICE DOGS PURPOSE: TO BETTER OUR LOCAL COMMUNITY | $8,778 |
TRIUMPHANT 'N TREASURED INC PURPOSE: TO BETTER OUR LOCAL COMMUNITY | $5,800 |