Florida Winefest and Auction Inc
Nonprofit profile at a glance
- EIN
- 650455486
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Sarasota, FL, USA
- Phone
- 9419521109
- Rating confidence
- Limited
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $0
- Expenses
- $99,389
- Assets
- $91,202
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- SANDRA LOEVNER (PRESIDENT)
- TREY DESENBERG (VICE PRESIDENT)
People named in this filing
- CHRISTOPHER COVELLI (BOARD MEMBER)
- CLAYTON DALEY (BOARD MEMBER)
- JUDY FIALA (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Florida winefest and auction exists to provide funding to qualified charitable organizations for programs assisting disadvantaged children, youth and families in sarasota and manatee counties.
What it reported doing in 2024
The Florida winefest & auction, inc. Provides funding for programs benefiting local charitable organizations which assist disadvantaged children, youth and families. Programs in the past have included (but not limited to) funding to purchase baby beds/strollers/highchairs, temporary housing for homeless families/children, after-school educational programs/homework to keep children off the streets, after-school nutritional food programs for low-income children, school supplies, counseling for teenage mothers, parenting classes for teenagers.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 20
- Transparency & Controls: 75
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 52.2%; rating input score 52
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 3rd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.92; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -8% per year; rating input score 0; 30th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 39th percentile among comparable filings
- Asset growth: -9.2% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 52.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.