Winemakers Research Exchange Inc
EIN: 813129710 · Ivy, VA · NTEE: S03
| Metric | Value |
|---|---|
| Total Revenue | $567K |
| Total Expenses | $683K |
| Net Assets | $70K |
Is Winemakers Research Exchange Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winemakers Research Exchange Inc
Winemakers Research Exchange Inc (EIN: 813129710) is a nonprofit organization based in Ivy, VA, classified under NTEE code S03. The organization reported total revenue of $567K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winemakers Research Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winemakers Research Exchange Inc is a small nonprofit that has been operating for 7 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 68.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $740K |
| Total Expenses | $683K |
| Surplus / Deficit | +$57K |
| Total Assets | $118K |
| Total Liabilities | $48K |
| Net Assets | $70K |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, Winemakers Research Exchange Inc reported a surplus of $57K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Winemakers Research Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 68.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +69.3% | +63.7% | -20.2% |
| 2022 | +86.1% | +81.3% | +148.0% |
| 2021 | +84.7% | +59.5% | +50.3% |
| 2020 | -24.4% | +7.3% | -6.4% |
| 2019 | +93.0% | -2.1% | +68.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winemakers Research Exchange Inc 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 Winemakers Research Exchange Inc 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 $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.0%.
Frequently Asked Questions about Winemakers Research Exchange Inc
Is Winemakers Research Exchange Inc a legitimate charity?
Winemakers Research Exchange Inc (EIN: 813129710) is a registered tax-exempt nonprofit based in Virginia. It has 8 years of IRS 990 filings on record. Total revenue: $567K. No red flags identified. Financial health grade: A.
How does Winemakers Research Exchange Inc spend its money?
Winemakers Research Exchange Inc reported $567K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Winemakers Research Exchange Inc tax-deductible?
Winemakers Research Exchange Inc is registered as a tax-exempt nonprofit (EIN: 813129710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winemakers Research Exchange Inc located?
Winemakers Research Exchange Inc is headquartered in Ivy, Virginia and files with the IRS under EIN 813129710. It is classified under NTEE code S03.
How many years of IRS 990 filings does Winemakers Research Exchange Inc have?
Winemakers Research Exchange Inc has 8 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 $567K in total revenue.
Filing History
IRS 990 filing history for Winemakers Research Exchange Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Winemakers Research Exchange Inc's revenue has grown by 3721.1%, moving from $19K to $740K. Total assets increased by 523% over the same period, from $19K to $118K. Total functional expenses rose by 2591.4%, from $25K to $683K. In its most recent filing year (2023), Winemakers Research Exchange Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $48K in liabilities against $118K in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $70K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $740K | $683K | $118K | $48K | — | — |
| 2022 | $437K | $417K | $148K | $135K | — | View 990 |
| 2021 | $235K | $230K | $60K | $66K | — | View 990 |
| 2020 | $127K | $144K | $40K | $51K | — | — |
| 2019 | $168K | $135K | $42K | $36K | — | View 990 |
| 2018 | $87K | $137K | $25K | $52K | — | View 990 |
| 2017 | $142K | $113K | $23K | $0 | — | — |
| 2016 | $19K | $25K | $19K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $740K, expenses of $683K, and assets of $118K (revenue +69.3% year-over-year).
- 2022: Revenue of $437K, expenses of $417K, and assets of $148K (revenue +86.1% year-over-year).
- 2021: Revenue of $235K, expenses of $230K, and assets of $60K (revenue +84.7% year-over-year).
- 2020: Revenue of $127K, expenses of $144K, and assets of $40K (revenue -24.4% year-over-year).
- 2019: Revenue of $168K, expenses of $135K, and assets of $42K (revenue +93.0% year-over-year).
- 2018: Revenue of $87K, expenses of $137K, and assets of $25K (revenue -38.7% year-over-year).
- 2017: Revenue of $142K, expenses of $113K, and assets of $23K (revenue +634.4% year-over-year).
- 2016: Revenue of $19K, expenses of $25K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winemakers Research Exchange Inc:
Data Sources and Methodology
This transparency report for Winemakers Research Exchange 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.