Wings Financial Foundation

Organization Overview

Wings Financial Foundation is located in Apple Valley, MN. The organization was established in 2019. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Wings Financial Foundation 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, Wings Financial Foundation generated $454.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.3% each year . All expenses for the organization totaled $441.9k during the year ending 12/2021. While expenses have increased by 29.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Wings Financial Foundation has awarded 165 individual grants totaling $527,296. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL LITERACY FOR YOUTH


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $185,274
Interest on Savings $8
Dividends & Interest $106,190
Net Rental Income$0
Net Gain on Sale of Assets $116,519
Capital Gain Net Income $116,519
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $45,993
Total Revenue $453,984

Grants Awarded

Over the last fiscal year, Wings Financial Foundation has awarded $102,540 in support to 34 organizations.

Grant RecipientAmount

TOYS FOR TOTS

PURPOSE: CHARITABLE CONTRIBUTIONS

$10,000

TWIN CITIES HABITAT FOR HUMANITY

PURPOSE: WINGS BUILDER SPONSORSHIP

$7,200

NORTHFIELD DOWNTOWN DEVELOPMEN

Org PageRecipient Profile

Northfield, MN

PURPOSE: CHARITABLE CONTRIBUTIONS

$7,000

STUDENT AWARDS FINANCIAL AID - SCHO

PURPOSE: SCHOLARSHIP

$5,000

MANKATO STATE - SCHOLARSHIP-MEG PAW

PURPOSE: SCHOLARSHIP

$5,000

MN CREDIT UNION NETWORK

PURPOSE: CU FORWARD DAY EVENT SPONSOR

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Wings Financial Foundation has recieved totaling $1,718.

Awarding OrganizationAmount
Baird Foundation Inc

Milwaukee, WI

PURPOSE: EDUCATION

$1,218
Baird Foundation Inc

Milwaukee, WI

PURPOSE: HEALTH AND HUMAN SERVICES

$500
View Grant Recipient Profile

Peer Organizations

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