Wilmywood Country Classic
Nonprofit profile at a glance
- EIN
- 812768932
- IRS 990-EZ coverage
- 2018–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2017
- Location
- Wilmington, NC, USA
- Phone
- 9106692400
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $21,234
- Expenses
- $25,523
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Joe Bonczek (President)
- Mark Helbock (Vice-President)
- Josh Sauer (Vice-President)
People named in this filing
- Tim Haldeman (Director)
- Craig Hadges (Director)
- Joe Bonczek (President)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our purpose is to have one music/golf event per year with proceeds donated to a local non-profit benefitting children or veterans.
What it reported doing in 2023
The Wilmywood Country Classic was founded with the purpose of having one music/golf event per year with all proceeds donated to a local non-profit benefitting children or veterans. The annual event was held at Pine Valley Country Club in Wilmington, NC. After expenses, the Organization was able to donate $9,000 to Voyage (formerly known as The Blue Ribbon Commission for the Prevention of Youth Violence).
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 65% for direct work, and 35% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 18
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -20.2%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -43.8% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -14.7% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -31.1% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $26K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2018 to 2023
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 24/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.