How Beaufort Wine And Food Weekend Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Beaufort Wine And Food Weekend Inc
Is Beaufort Wine And Food Weekend Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Beaufort Wine And Food Weekend Inc (EIN: 202583979) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 4 strengths noted.
Is Beaufort Wine And Food Weekend Inc a good charity to donate to?
Beaufort Wine And Food Weekend Inc has a Mission Score of 80/100. Revenue: $331K. Assets: $73K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Beaufort Wine And Food Weekend Inc?
The Employer Identification Number (EIN) for Beaufort Wine And Food Weekend Inc is 202583979. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Beaufort Wine And Food Weekend Inc spend its money?
Beaufort Wine And Food Weekend Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Beaufort Wine And Food Weekend Inc's tax-exempt status?
You can verify Beaufort Wine And Food Weekend Inc's tax-exempt status using EIN 202583979 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Beaufort Wine And Food Weekend Inc demonstrates a consistent operational pattern, with revenues and expenses generally in the $200,000-$400,000 range over the past decade. The organization's financial health appears stable, though it has experienced periods of operating deficits, such as in 2023 where expenses ($315,973) exceeded revenue ($305,633), and in 2022 where expenses ($396,531) significantly outpaced revenue ($338,268). Despite these deficits, the organization maintains a modest asset base, with $73,070 in assets as of its latest filing, indicating some financial resilience. The consistent reporting of 0% officer compensation across all filings suggests a strong volunteer-driven model or that executive roles are not compensated, which is a positive indicator for donor confidence regarding administrative overhead.
Spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent lack of officer compensation suggests a lean administrative structure at the top. The organization's ability to continue operations despite occasional deficits implies effective management of resources, likely through careful budgeting and community support. The relatively low liabilities, such as $2,248 in 2023, also point to responsible financial management.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with reporting requirements. The public availability of these filings contributes to its transparency. The absence of officer compensation is a clear and transparent financial practice that can reassure donors about where their contributions are being directed. Overall, while there are periods of deficit spending, the organization appears to be a well-managed entity with a commitment to financial reporting.