Wine To Water
Wine To Water shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 208877288 · Boone, NC · NTEE: C32 · Updated: 2026-03-28
Is Wine To Water Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wine To Water directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wine To Water
Wine To Water (EIN: 208877288) is a nonprofit organization based in Boone, NC, classified under NTEE code C32. The organization reported total revenue of $7.0M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wine To Water's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wine To Water is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 26.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $7.3M |
| Total Liabilities | $3.0M |
| Net Assets | $4.3M |
| Operating Margin | 25.2% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Wine To Water reported a surplus of $1.8M with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wine To Water's revenue has grown at a compound annual growth rate (CAGR) of 26.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.1% | +48.4% | +36.4% |
| 2022 | +81.4% | +38.5% | +129.9% |
| 2021 | -3.3% | -5.3% | -7.8% |
| 2020 | +31.2% | +26.4% | +44.7% |
| 2019 | +5.0% | +17.9% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Wine To Water with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Wine To Water allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.0%.
Executive Compensation Analysis
Wine To Water reports 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size and revenue, suggesting a strong commitment to directing funds 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 Wine To Water's IRS 990 filings:
- Unusually low reported liabilities relative to assets in earlier years (e.g., 201606: Assets=$213,625, Liabilities=$161,495), which could warrant further investigation into financial structure.
- The consistent 0% officer compensation is highly unusual for an organization of this scale and could indicate alternative compensation structures or reliance on volunteer leadership that might not be sustainable long-term.
Strengths
The following positive indicators were identified for Wine To Water:
- Exceptional revenue growth, increasing from $1,225,924 in 2016 to $7,297,077 in 2023.
- Strong asset accumulation, with assets growing from $213,625 in 2016 to $7,254,777 in 2023.
- Consistent positive net income, indicating efficient financial management (e.g., 202306: Revenue=$7,297,077, Expenses=$5,459,065).
- Remarkable transparency and commitment to mission by reporting 0% officer compensation across all filings.
- Healthy financial reserves, with assets significantly exceeding liabilities (e.g., 202306: Assets=$7,254,777, Liabilities=$2,974,795).
Frequently Asked Questions about Wine To Water
Is Wine To Water a legitimate charity?
Based on AI analysis of IRS 990 filings, Wine To Water (EIN: 208877288) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Wine To Water spend its money?
Wine To Water directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wine To Water tax-deductible?
Wine To Water is registered as a tax-exempt nonprofit (EIN: 208877288). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wine To Water a good charity?
Based on its financial data, Wine To Water appears to be a very good charity. It demonstrates strong revenue growth, healthy asset accumulation, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation.
How has Wine To Water's revenue changed over time?
Wine To Water has experienced significant revenue growth, increasing from $1,700,079 in 2017 to $7,297,077 in 2023, indicating strong fundraising and donor support.
What is Wine To Water's financial stability?
The organization shows strong financial stability, with assets growing from $1,400,295 in 2017 to $7,254,777 in 2023, and consistently maintaining more revenue than expenses, leading to healthy reserves.
Does Wine To Water pay its executives?
According to all available IRS 990 filings, Wine To Water reports 0% officer compensation, meaning no salaries were paid to its officers during these periods.
What is the trend in Wine To Water's expenses?
Expenses have increased in line with revenue growth, from $1,665,336 in 2017 to $5,459,065 in 2023, suggesting an expansion of program activities while maintaining efficient spending relative to income.
Filing History
IRS 990 filing history for Wine To Water showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wine To Water's revenue has grown by 1613.4%, moving from $426K to $7.3M. Total assets increased by 7139.9% over the same period, from $100K to $7.3M. Total functional expenses rose by 928.8%, from $531K to $5.5M. In its most recent filing year (2023), Wine To Water reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $3.0M in liabilities against $7.3M in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $5.5M | $7.3M | $3.0M | — | View 990 |
| 2022 | $5.2M | $3.7M | $5.3M | $2.9M | — | View 990 |
| 2021 | $2.9M | $2.7M | $2.3M | $1.4M | — | View 990 |
| 2020 | $3.0M | $2.8M | $2.5M | $1.9M | — | View 990 |
| 2019 | $2.3M | $2.2M | $1.7M | $1.3M | — | View 990 |
| 2018 | $2.2M | $1.9M | $1.6M | $1.3M | — | View 990 |
| 2017 | $1.7M | $1.7M | $1.4M | $1.3M | — | View 990 |
| 2016 | $1.2M | $1.3M | $214K | $161K | — | View 990 |
| 2015 | $484K | $530K | $129K | $46K | — | View 990 |
| 2014 | $933K | $937K | $187K | $52K | — | View 990 |
| 2013 | $783K | $753K | $118K | $6K | — | View 990 |
| 2012 | $607K | $622K | $86K | $4K | — | View 990 |
| 2011 | $426K | $531K | $100K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $5.5M, and assets of $7.3M (revenue +39.1% year-over-year).
- 2022: Revenue of $5.2M, expenses of $3.7M, and assets of $5.3M (revenue +81.4% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.7M, and assets of $2.3M (revenue -3.3% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.8M, and assets of $2.5M (revenue +31.2% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $1.7M (revenue +5.0% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.9M, and assets of $1.6M (revenue +27.7% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $1.4M (revenue +38.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $214K (revenue +153.4% year-over-year).
- 2015: Revenue of $484K, expenses of $530K, and assets of $129K (revenue -48.2% year-over-year).
- 2014: Revenue of $933K, expenses of $937K, and assets of $187K (revenue +19.1% year-over-year).
- 2013: Revenue of $783K, expenses of $753K, and assets of $118K (revenue +29.0% year-over-year).
- 2012: Revenue of $607K, expenses of $622K, and assets of $86K (revenue +42.6% year-over-year).
- 2011: Revenue of $426K, expenses of $531K, and assets of $100K.
Data Sources and Methodology
This transparency report for Wine To Water 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.