Wine Education Council Inc

Nonprofit profile at a glance

EIN
472067201
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Dallas, TX, USA
Phone
2145339833
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education

Official website

Reported finances

Revenue
$356,101
Expenses
$1,674,885
Assets
$6,342,684
Liabilities
$62,831

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

Leadership & pay

4 people listed

Executive titles in this filing

  • PAUL HARRIS (PRESIDENT)

Highest reported compensation

  • PAUL HARRIS (PRESIDENT): $38,400 total reported compensation
  • KATHY STONE (SECRETARY): $9,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To conduct various programs and activities related to the education of consumers, students and businesses on the multifaceted impact that wine has had on our culture and economy. We will foster cooperation and communication across borders and cultures.

What it reported doing in 2024

The wine education council is a non-profit, educational organization that promotes the development and effectiveness of wine professionals through formal study, post-graduate training, and advanced, enrichment opportunities. Our diverse activities include the support of wine programs at institutions of higher learning, the sponsorship of specialized seminars, grants to assist publication of academic works, and the promotion of educational experiences that help students and wine professionals learn about and engage in various sectors of the wine community.recognizing that the consumption of wine is vulnerable to abuse, we are committed to providing resources and supporting programs that promote moderate and responsible alcohol use and guard against social problems associated with inappropriate consumption.as an environmentally and socially conscious organization, we are sensitive to the human and economic impact of wine on our community and remain dedicated to promoting within the global wine community the responsible use of the earth's resources and the implementation of mechanisms that promote economic justice.

Operating model

Revenue model
Investment-supported. 91% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

SUPPORTED - 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 the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 83
  • Accountability: 72
  • Sustainability: 31
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 67.8%; rating input score 68
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 80th 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 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • 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: -370.3%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 3.79; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: 31.4% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 67.8% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $38K · 4 people listed
  • Highest-paid contractors: 3 contractors listed · $795K reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes major donors and foreign activity
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: 5 of 8 not reported.
  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.