AI Transparency Report
Wine To Water demonstrates strong financial health and growth, with revenue increasing significantly from $2,890,439 in 2021 to $7,297,077 in 2023. The organization consistently spends less than it earns, as evidenced by expenses of $5,459,065 against revenues of $7,297,077 in 2023, contributing to a healthy accumulation of assets, which grew from $2,313,646 in 2021 to $7,254,777 in 2023. This indicates effective financial management and the ability to build reserves.
The organization's spending efficiency appears robust, with a substantial portion of its budget likely directed towards program services, given the consistent positive net income. The absence of reported officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is commendable and enhances donor confidence.
Overall, Wine To Water exhibits a positive financial trajectory, strong asset growth, and a transparent approach to executive compensation. The consistent growth in revenue and assets, coupled with efficient spending, positions the organization well to achieve its mission.