Midatlantic Wine And Food Festival Limited
EIN: 463461017 · Yorklyn, DE
| Metric | Value |
|---|---|
| Total Expenses | $653K |
| Net Assets | $3K |
Is Midatlantic Wine And Food Festival Limited Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Midatlantic Wine And Food Festival Limited
Midatlantic Wine And Food Festival Limited (EIN: 463461017) is a nonprofit organization based in Yorklyn, DE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Midatlantic Wine And Food Festival Limited's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Midatlantic Wine And Food Festival Limited is a small nonprofit, with 2 years of IRS 990 filings on record (2013–2014). Revenue has grown at a compound annual rate of 222.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $589K |
| Total Expenses | $653K |
| Surplus / Deficit | $-64,871 |
| Total Assets | $18K |
| Total Liabilities | $15K |
| Net Assets | $3K |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 83.4% |
| Months of Reserves | 0.3 months |
Financial Health Grade: D
In 2014, Midatlantic Wine And Food Festival Limited reported a deficit of $65K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 83.4% (high leverage).
Financial Trends
Over 2 years of filings (2013–2014), Midatlantic Wine And Food Festival Limited's revenue has grown at a compound annual growth rate (CAGR) of 222.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +222.9% | +470.9% | -73.9% |
AI Analysis Pending
AI enrichment for Midatlantic Wine And Food Festival Limited has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Midatlantic Wine And Food Festival Limited with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 83.4%.
Frequently Asked Questions about Midatlantic Wine And Food Festival Limited
Is Midatlantic Wine And Food Festival Limited a legitimate charity?
Based on AI analysis of IRS 990 filings, Midatlantic Wine And Food Festival Limited (EIN: 463461017) insufficient data. 0 red flags identified, 0 strengths noted.
How does Midatlantic Wine And Food Festival Limited spend its money?
Detailed spending breakdown data is not yet available for Midatlantic Wine And Food Festival Limited. Check back for updated IRS 990 analysis.
Are donations to Midatlantic Wine And Food Festival Limited tax-deductible?
Midatlantic Wine And Food Festival Limited is registered as a tax-exempt nonprofit (EIN: 463461017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Midatlantic Wine And Food Festival Limited located?
Midatlantic Wine And Food Festival Limited is headquartered in Yorklyn, Delaware and files with the IRS under EIN 463461017.
How many years of IRS 990 filings does Midatlantic Wine And Food Festival Limited have?
Midatlantic Wine And Food Festival Limited has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Midatlantic Wine And Food Festival Limited showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2013–2014), Midatlantic Wine And Food Festival Limited's revenue has grown by 222.9%, moving from $182K to $589K. Total assets decreased by 73.9% over the same period, from $68K to $18K. Total functional expenses rose by 470.9%, from $114K to $653K. In its most recent filing year (2014), Midatlantic Wine And Food Festival Limited reported a deficit of $65K, with expenses exceeding revenue. The organization holds $15K in liabilities against $18K in assets (debt-to-asset ratio: 83.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $589K | $653K | $18K | $15K | — | View 990 |
| 2013 | $182K | $114K | $68K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Midatlantic Wine And Food Festival Limited:
Data Sources and Methodology
This transparency report for Midatlantic Wine And Food Festival Limited 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.