Virginia Wineries Association Incorporated
EIN: 541269360 · Charlottesvle, VA
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $483K |
| Net Assets | $271K |
Is Virginia Wineries Association Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Wineries Association Incorporated
Virginia Wineries Association Incorporated (EIN: 541269360) is a nonprofit organization based in Charlottesvle, VA. The organization reported total revenue of $518K and total assets of $445K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Wineries Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Wineries Association Incorporated is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $535K |
| Total Expenses | $483K |
| Surplus / Deficit | +$52K |
| Total Assets | $461K |
| Total Liabilities | $190K |
| Net Assets | $271K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 41.2% |
| Months of Reserves | 11.5 months |
Financial Health Grade: A
In 2023, Virginia Wineries Association Incorporated reported a surplus of $52K with revenue exceeding expenses, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 41.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Wineries Association Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.6% | -27.8% | -10.6% |
| 2022 | +14.8% | +18.0% | -5.7% |
| 2021 | +53.3% | +38.8% | +21.7% |
| 2020 | -11.7% | +0.8% | +7.0% |
| 2019 | +10.3% | +4.5% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Wineries Association Incorporated 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 Virginia Wineries Association Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.2%.
Frequently Asked Questions about Virginia Wineries Association Incorporated
Is Virginia Wineries Association Incorporated a legitimate charity?
Virginia Wineries Association Incorporated (EIN: 541269360) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $518K. No red flags identified. Financial health grade: A.
How does Virginia Wineries Association Incorporated spend its money?
Virginia Wineries Association Incorporated reported $518K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Virginia Wineries Association Incorporated tax-deductible?
Virginia Wineries Association Incorporated is registered as a tax-exempt nonprofit (EIN: 541269360). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Wineries Association Incorporated located?
Virginia Wineries Association Incorporated is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 541269360.
How many years of IRS 990 filings does Virginia Wineries Association Incorporated have?
Virginia Wineries Association Incorporated has 13 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 $518K in total revenue.
Filing History
IRS 990 filing history for Virginia Wineries Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Wineries Association Incorporated's revenue has grown by 201.5%, moving from $177K to $535K. Total assets increased by 32.8% over the same period, from $347K to $461K. Total functional expenses rose by 210.8%, from $155K to $483K. In its most recent filing year (2023), Virginia Wineries Association Incorporated reported a surplus of $52K, with revenue exceeding expenses. The organization holds $190K in liabilities against $461K in assets (debt-to-asset ratio: 41.2%), resulting in net assets of $271K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $535K | $483K | $461K | $190K | — | — |
| 2022 | $692K | $669K | $516K | $299K | — | View 990 |
| 2021 | $602K | $567K | $547K | $351K | — | View 990 |
| 2020 | $393K | $408K | $450K | $289K | — | — |
| 2019 | $445K | $405K | $420K | $244K | — | View 990 |
| 2018 | $404K | $388K | $416K | $257K | — | View 990 |
| 2017 | $335K | $331K | $326K | $184K | — | — |
| 2016 | $365K | $411K | $374K | $235K | — | View 990 |
| 2015 | $357K | $357K | $393K | $209K | — | View 990 |
| 2014 | $374K | $359K | $389K | $205K | — | View 990 |
| 2013 | $381K | $377K | $393K | $223K | — | View 990 |
| 2012 | $349K | $370K | $367K | $201K | — | View 990 |
| 2011 | $177K | $155K | $347K | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $535K, expenses of $483K, and assets of $461K (revenue -22.6% year-over-year).
- 2022: Revenue of $692K, expenses of $669K, and assets of $516K (revenue +14.8% year-over-year).
- 2021: Revenue of $602K, expenses of $567K, and assets of $547K (revenue +53.3% year-over-year).
- 2020: Revenue of $393K, expenses of $408K, and assets of $450K (revenue -11.7% year-over-year).
- 2019: Revenue of $445K, expenses of $405K, and assets of $420K (revenue +10.3% year-over-year).
- 2018: Revenue of $404K, expenses of $388K, and assets of $416K (revenue +20.5% year-over-year).
- 2017: Revenue of $335K, expenses of $331K, and assets of $326K (revenue -8.3% year-over-year).
- 2016: Revenue of $365K, expenses of $411K, and assets of $374K (revenue +2.3% year-over-year).
- 2015: Revenue of $357K, expenses of $357K, and assets of $393K (revenue -4.6% year-over-year).
- 2014: Revenue of $374K, expenses of $359K, and assets of $389K (revenue -1.9% year-over-year).
- 2013: Revenue of $381K, expenses of $377K, and assets of $393K (revenue +9.2% year-over-year).
- 2012: Revenue of $349K, expenses of $370K, and assets of $367K (revenue +96.7% year-over-year).
- 2011: Revenue of $177K, expenses of $155K, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Wineries Association Incorporated:
Data Sources and Methodology
This transparency report for Virginia Wineries Association Incorporated 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.