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Nonprofiteer
← SOUTHWEST WINNERS FOUNDATION INC

Form 990 for tax year 2024

Filed by SOUTHWEST WINNERS FOUNDATION INC.

Totals

Total revenue
$15,009,531
Total expenses
$15,233,975
Contributions and grants received
$14,054,782
Grants paid
$0
Program service revenue
$820,422
Investment income
$134,327
Other revenue
$0
Total assets, end of year
$16,295,502
Total liabilities, end of year
$12,855,136
Net assets or fund balances, end of year
$3,440,366
Program services expenses (Part IX)
$14,354,086
Management and general expenses
$856,706
Fundraising expenses
$23,183
Program service expenses (Part III)
$14,354,086

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $13,554,782

  • 1f · All other contributions, gifts and grants

    $500,000

  • 2a · Program service revenue: Co-op programs

    total $586,206 · related or exempt $586,206

  • 2b · Program service revenue: Co-curricular activity fees

    total $234,216 · related or exempt $234,216

  • 3 · Investment income

    total $134,327 · excluded $134,327

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $469,308 · program services $445,849 · management and general $23,308 · fundraising $151

  • 7 · Other salaries and wages

    total $8,853,615 · program services $8,411,061 · management and general $439,711 · fundraising $2,843

  • 8 · Pension plan contributions

    total $1,078,465 · program services $1,024,558 · management and general $53,561 · fundraising $346

  • 9 · Other employee benefits

    total $341,801 · program services $324,716 · management and general $16,975 · fundraising $110

  • 10 · Payroll taxes

    total $155,794 · program services $148,007 · management and general $7,737 · fundraising $50

  • 11b · Fees: legal

    total $20,000 · management and general $20,000

  • 11c · Fees: accounting

    total $47,200 · management and general $47,200

  • 11g · Fees: other

    total $1,119,476 · program services $1,065,908 · management and general $53,353 · fundraising $215

  • 12 · Advertising and promotion

    total $12,976 · program services $8,153 · management and general $4,815 · fundraising $8

  • 13 · Office expenses

    total $466,301 · program services $383,776 · management and general $81,802 · fundraising $723

  • 16 · Occupancy

    total $482,522 · program services $466,042 · management and general $13,183 · fundraising $3,297

  • 17 · Travel

    total $59,485 · program services $59,401 · management and general $84

  • 20 · Interest

    total $647,755 · program services $615,367 · management and general $25,910 · fundraising $6,478

  • 22 · Depreciation, depletion and amortization

    total $665,785 · program services $633,444 · management and general $25,973 · fundraising $6,368

  • 23 · Insurance

    total $124,798 · program services $115,274 · management and general $8,349 · fundraising $1,175

  • 24a · Other expenses: Food

    total $365,238 · program services $365,238

  • 24b · Other expenses: Maintenance and repairs

    total $143,046 · program services $136,256 · management and general $5,432 · fundraising $1,358

  • 24c · Other expenses: Dues and subscriptions

    total $86,397 · program services $58,990 · management and general $27,373 · fundraising $34

  • 24d · Other expenses: Classroom materials

    total $75,627 · program services $75,627

  • 24e · All other expenses

    total $18,386 · program services $16,419 · management and general $1,940 · fundraising $27

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $579,351 · end of year $216,836

  • 2 · Savings and temporary cash investments

    beginning of year $2,694,556 · end of year $3,117,240

  • 3 · Pledges and grants receivable

    beginning of year $1,412,008 · end of year $1,151,757

  • 4 · Accounts receivable

    beginning of year $58,920 · end of year $96,847

  • 9 · Prepaid expenses and deferred charges

    beginning of year $102,115 · end of year $76,538

  • 10a · Land, buildings and equipment: cost or other basis

    $19,994,937

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,460,364

  • 10c · Land, buildings and equipment, net

    beginning of year $11,786,464 · end of year $11,534,573

  • 15 · Other assets

    beginning of year $53,303 · end of year $101,711

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,153,869 · end of year $1,162,278

  • 20 · Tax-exempt bond liabilities

    beginning of year $11,596,505 · end of year $11,400,960

  • 21 · Escrow or custodial account liability

    beginning of year $15,809 · end of year $15,809

  • 23 · Secured mortgages and notes payable

    beginning of year $200,000 · end of year $170,000

  • 25 · Other liabilities

    beginning of year $55,724 · end of year $106,089

  • 27 · Net assets without donor restrictions

    beginning of year $641,659 · end of year $977,469

  • 28 · Net assets with donor restrictions

    beginning of year $3,023,151 · end of year $2,462,897

Mission and programs · 2024

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.

Activities or mission (Part I)

PreK-12 charter schools in San Antonio and Seguin, focused on college and career readiness.

  • 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.

    Expenses $14,354,086 · Revenue $820,422

As filed on the 2024 return.

Listed in Part VII

  • Dewey Lawhon

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • James K Neal

    President

    Total calculated
    $69,511
    From this org
    $66,511
    From related orgs
    $0
    Other
    $3,000
    Hours/week
    20

  • Christinn Jean

    VP, Superintendent

    Total calculated
    $143,505
    From this org
    $140,505
    From related orgs
    $0
    Other
    $3,000
    Hours/week
    40

  • Dr Gary Short

    Secretary, Exec. Director

    Total calculated
    $64,553
    From this org
    $61,553
    From related orgs
    $0
    Other
    $3,000
    Hours/week
    20

  • Edward Gutierrez

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Bear Goolsby

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Jeff Dodson

    Board member

    Total calculated
    $0
    Hours/week
    1

  • Christine Hefel

    Board member

    Total calculated
    $0
    Hours/week
    1

  • Sherri Jermier

    Board member

    Total calculated
    $0
    Hours/week
    1

  • Christopher McCammon

    Deputy Superintendent

    Total calculated
    $102,557
    From this org
    $99,557
    From related orgs
    $0
    Other
    $3,000
    Hours/week
    40

  • Judyjane Witte

    CFO

    Total calculated
    $89,182
    From this org
    $86,182
    From related orgs
    $0
    Other
    $3,000
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 July 2026
IRS schema version
2024v5.5
Source object
202601959349300745

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