Santa Fe Wine & Chile Fiesta

Nonprofit profile at a glance

EIN
850418036
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Santa Fe, NM, USA
Phone
5054388060
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$1,696,787
Expenses
$1,474,050
Assets
$1,624,075
Liabilities
$27,155

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • JANE WINTER (PRESIDENT)

Highest reported compensation

  • MARY HALLAHAN (EXECUTIVE DI): $133,422 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 organization was formed for the promotion and education of santa fe restaurants and local wine; support food, wine and service education of santa fe restaurant staff; and food education of local school children related to healthy food preparation, nourishment, etc.

What it reported doing in 2024

Since its inception in 1991, the mission of santa fe wine & chile fiesta has been to promote santa fe as a world class culinary destination and to market the santa fe restaurant community. As a nonprofit, we can continously support our community and industry throughout the year with several initiatives ranging from auction donations and fundraising to educational programs and financial contributions. Over the last 16 years, santa fe wine & chile's live auction has raised more than 345,000 for santa fe's cooking with kids organization. Cooking with kids educates and empowers children and families to make healthy foodchoices through hands-on nutrition education with fresh, affordable foods. Over the last 12 years, santa fe wine & chile has supported dozens of other non-profits in their fundraising efforts by donating tickets to fiesta events to be used in silent and live auctions. Since 2010, santa fe wine & chile has invested time and resources into furthering the education of the local restaurant community through wine 101 courses and funding certifications through the court of master sommeliers. To-date, over 200 students have participated in these programs with over 190k spent on certifications and education.

Operating model

Revenue model
Earned-program. 69% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 93
  • Accountability: 74
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.3%; rating input score 81
  • Program expense ratio: 92.2%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 96.2%; rating input score 96; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.1%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 9.1%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 81.3% of revenue deployed · 92.2% of spending went to programs
  • Governance: 18 of 18 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.4M in reported program spending
  • Leadership: top reported pay $133K · 19 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.