Friends Of The Grape Inc
Friends Of The Grape Inc shows asset growth but recent deficits and increasing liabilities.
EIN: 201592697 · Denton, MD · NTEE: B30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $472K |
| Total Expenses | $421K |
| Program Spending | 80% |
| Net Assets | $324K |
| Transparency Score | 85/100 |
Is Friends Of The Grape Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Grape Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Grape Inc
Friends Of The Grape Inc (EIN: 201592697) is a nonprofit organization based in Denton, MD, classified under NTEE code B30. The organization reported total revenue of $472K and total assets of $545K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Grape Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Grape Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $387K |
| Total Expenses | $421K |
| Surplus / Deficit | $-33,904 |
| Total Assets | $570K |
| Total Liabilities | $246K |
| Net Assets | $324K |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 43.1% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2023, Friends Of The Grape Inc reported a deficit of $34K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 43.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Friends Of The Grape Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +11.4% | +23.9% |
| 2022 | +22.1% | +80.4% | +17.4% |
| 2021 | -21.4% | -39.9% | +7.2% |
| 2020 | +6.9% | -13.4% | +21.6% |
| 2019 | +18.9% | +93.5% | +15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of The Grape Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Friends Of The Grape Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 43.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly commendable and indicates that no portion of the organization's funds are used for officer salaries, directing more resources to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Friends Of The Grape Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (2023), leading to a deficit.
- Significant increase in liabilities from $104,470 in 2022 to $245,526 in 2023.
- Recurring deficits in multiple years (2023, 2022, 2019) suggest potential financial planning challenges.
Strengths
The following positive indicators were identified for Friends Of The Grape Inc:
- Consistent 0% officer compensation across all filings, indicating strong financial transparency and mission focus.
- Significant growth in assets from $19,217 in 2014 to $569,851 in 2023, building financial reserves.
- Long operating history with 14 IRS 990 filings, demonstrating sustained activity.
Frequently Asked Questions about Friends Of The Grape Inc
Is Friends Of The Grape Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Grape Inc (EIN: 201592697) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Friends Of The Grape Inc spend its money?
Friends Of The Grape Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Grape Inc tax-deductible?
Friends Of The Grape Inc is registered as a tax-exempt nonprofit (EIN: 201592697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The Grape Inc's spending goes to programs?
Friends Of The Grape Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Grape Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of The Grape Inc is above average for NTEE category B30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Grape Inc located?
Friends Of The Grape Inc is headquartered in Denton, Maryland and files with the IRS under EIN 201592697. It is classified under NTEE code B30.
How many years of IRS 990 filings does Friends Of The Grape Inc have?
Friends Of The Grape Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $472K in total revenue.
Is Friends Of The Grape Inc financially stable given recent deficits?
While the organization has accumulated significant assets ($569,851 in 2023), the recent trend of expenses exceeding revenue (e.g., $420,933 expenses vs. $387,029 revenue in 2023) and increasing liabilities ($245,526 in 2023) suggests a need for closer monitoring of financial stability.
What caused the significant increase in liabilities in 2023?
Liabilities jumped from $104,470 in 2022 to $245,526 in 2023. Without further detail from the full IRS 990, the specific reasons for this substantial increase are unclear and would require reviewing the balance sheet and footnotes.
How does the organization manage its expenses to avoid consistent deficits?
The organization has experienced deficits in multiple years (e.g., 2023, 2022, 2019). While not always the case, a pattern of expenses exceeding revenue could indicate a need for better expense management or increased fundraising efforts to maintain long-term sustainability.
Filing History
IRS 990 filing history for Friends Of The Grape Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friends Of The Grape Inc's revenue has grown by 459.4%, moving from $69K to $387K. Total assets increased by 1678% over the same period, from $32K to $570K. Total functional expenses rose by 440.4%, from $78K to $421K. In its most recent filing year (2023), Friends Of The Grape Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $246K in liabilities against $570K in assets (debt-to-asset ratio: 43.1%), resulting in net assets of $324K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $387K | $421K | $570K | $246K | — | — |
| 2022 | $375K | $378K | $460K | $104K | — | View 990 |
| 2021 | $307K | $209K | $392K | $16K | — | View 990 |
| 2020 | $390K | $349K | $366K | $93K | — | View 990 |
| 2019 | $365K | $402K | $301K | $76K | — | View 990 |
| 2018 | $307K | $208K | $261K | $6K | — | View 990 |
| 2017 | $255K | $257K | $196K | $35K | — | View 990 |
| 2016 | $207K | $165K | $161K | $4K | — | View 990 |
| 2015 | $480K | $355K | $166K | $54K | — | View 990 |
| 2014 | $95K | $99K | $19K | $30K | — | View 990 |
| 2013 | $55K | $55K | $26K | $35K | — | View 990 |
| 2012 | $64K | $73K | $26K | $35K | — | View 990 |
| 2011 | $74K | $58K | $44K | $44K | — | View 990 |
| 2010 | $69K | $78K | $32K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $387K, expenses of $421K, and assets of $570K (revenue +3.3% year-over-year).
- 2022: Revenue of $375K, expenses of $378K, and assets of $460K (revenue +22.1% year-over-year).
- 2021: Revenue of $307K, expenses of $209K, and assets of $392K (revenue -21.4% year-over-year).
- 2020: Revenue of $390K, expenses of $349K, and assets of $366K (revenue +6.9% year-over-year).
- 2019: Revenue of $365K, expenses of $402K, and assets of $301K (revenue +18.9% year-over-year).
- 2018: Revenue of $307K, expenses of $208K, and assets of $261K (revenue +20.4% year-over-year).
- 2017: Revenue of $255K, expenses of $257K, and assets of $196K (revenue +23.2% year-over-year).
- 2016: Revenue of $207K, expenses of $165K, and assets of $161K (revenue -56.8% year-over-year).
- 2015: Revenue of $480K, expenses of $355K, and assets of $166K (revenue +402.4% year-over-year).
- 2014: Revenue of $95K, expenses of $99K, and assets of $19K (revenue +73.8% year-over-year).
- 2013: Revenue of $55K, expenses of $55K, and assets of $26K (revenue -13.8% year-over-year).
- 2012: Revenue of $64K, expenses of $73K, and assets of $26K (revenue -14.4% year-over-year).
- 2011: Revenue of $74K, expenses of $58K, and assets of $44K (revenue +7.7% year-over-year).
- 2010: Revenue of $69K, expenses of $78K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Grape Inc:
Data Sources and Methodology
This transparency report for Friends Of The Grape Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.