Southwest Winners Foundation Inc
Nonprofit profile at a glance
- EIN
- 742875825
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- San Antonio, TX, USA
- Phone
- 2108298017
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Charter Schools
Reported finances
- Revenue
- $15,009,531
- Expenses
- $15,233,975
- Assets
- $16,295,502
- Liabilities
- $12,855,136
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- James K Neal (President)
Highest reported compensation
- Christinn Jean (VP, Superintendent): $143,505 total reported compensation
- Christopher McCammon (Deputy Superintendent): $102,557 total reported compensation
- Judyjane Witte (CFO): $89,182 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Southwest Winners Foundation is to provide an adaptive and effective learning environment that prepares students for success in the workplace and/or college.
What it reported doing in 2024
Southwest Winners Foundation (SWWF) operates six Southwest Preparatory schools on four campuses in and near San Antonio, Texas and had approximately 870 students from pre-kindergarten through 12th grade for the 2024-2025 school year. SWWF's mission is to provide an adaptive and effective learning environment that will prepare students to succeed in the workplace and/or college. SWWF is a single charter holder and does not conduct any other charter or non-charter activities.
Operating model
- Revenue model
- Grant-funded. 90% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 86
- Accountability: 72
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.7%; rating input score 96
- Program expense ratio: 94.2%; rating input score 94
- Fundraising efficiency: $606.25 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 60%; rating input score 60; 10th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.5%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.79; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 4.6% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 4% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 95.7% of revenue deployed · 94.2% of spending went to programs
- Governance: 6 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $14.4M in reported program spending
- Leadership: top reported pay $144K · 11 people listed
- Highest-paid contractors: 5 contractors listed · $1.5M reported
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.