Winterfest Of Pensacola Inc
Winterfest Of Pensacola Inc shows consistent revenue growth and zero executive compensation over a decade.
EIN: 201079497 · Pensacola, FL · NTEE: S99 · Updated: 2026-03-28
Is Winterfest Of Pensacola Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winterfest Of Pensacola Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winterfest Of Pensacola Inc
Winterfest Of Pensacola Inc (EIN: 201079497) is a nonprofit organization based in Pensacola, FL, classified under NTEE code S99. The organization reported total revenue of $861K and total assets of $306K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winterfest Of Pensacola Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winterfest Of Pensacola Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $904K |
| Total Expenses | $892K |
| Surplus / Deficit | +$12K |
| Total Assets | $284K |
| Total Liabilities | $99K |
| Net Assets | $186K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 34.7% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Winterfest Of Pensacola Inc reported a surplus of $12K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 34.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Winterfest Of Pensacola Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +21.1% | +8.4% |
| 2022 | +58.8% | +79.7% | +5.4% |
| 2021 | +109.8% | +41.0% | +37.9% |
| 2020 | -64.1% | -48.1% | -6.8% |
| 2019 | +9.2% | -13.2% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Winterfest Of Pensacola Inc 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, Winterfest Of Pensacola Inc 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 34.7%.
Executive Compensation Analysis
Winterfest Of Pensacola Inc consistently reports 0% officer compensation across all 14 available filings, including the latest period ending 202312. This indicates a strong commitment to directing all revenue towards its mission and operational costs rather than executive salaries, which is highly favorable for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Winterfest Of Pensacola Inc:
- Consistent revenue growth, increasing from $490,641 in 2014 to $904,151 in 2023.
- Zero officer compensation reported across all 14 filings, indicating high efficiency and mission focus.
- Healthy and growing asset base, from $76,504 in 2014 to $284,008 in 2023.
- Expenses generally align closely with revenue, suggesting efficient use of funds.
- Strong financial transparency regarding executive compensation.
Frequently Asked Questions about Winterfest Of Pensacola Inc
Is Winterfest Of Pensacola Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Winterfest Of Pensacola Inc (EIN: 201079497) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Winterfest Of Pensacola Inc spend its money?
Winterfest Of Pensacola Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Winterfest Of Pensacola Inc tax-deductible?
Winterfest Of Pensacola Inc is registered as a tax-exempt nonprofit (EIN: 201079497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Winterfest Of Pensacola Inc a good charity?
Based on its financial data, Winterfest Of Pensacola Inc appears to be a very good charity. It demonstrates consistent revenue growth, maintains a healthy asset base, and notably reports 0% officer compensation across all available filings, indicating a strong commitment to its mission and efficient use of funds.
How has Winterfest Of Pensacola Inc's revenue changed over time?
Winterfest Of Pensacola Inc has shown significant revenue growth, increasing from $490,641 in 2014 to $904,151 in 2023, representing an 84% increase over the decade.
What is the organization's approach to executive compensation?
The organization has a highly transparent and mission-focused approach to executive compensation, consistently reporting $0 in officer compensation across all 14 available IRS 990 filings. This means no salaries were paid to officers, directors, trustees, or key employees.
Filing History
IRS 990 filing history for Winterfest Of Pensacola Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Winterfest Of Pensacola Inc's revenue has grown by 447.5%, moving from $165K to $904K. Total assets increased by 571.9% over the same period, from $42K to $284K. Total functional expenses rose by 450.8%, from $162K to $892K. In its most recent filing year (2023), Winterfest Of Pensacola Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $99K in liabilities against $284K in assets (debt-to-asset ratio: 34.7%), resulting in net assets of $186K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $904K | $892K | $284K | $99K | — | View 990 |
| 2022 | $775K | $737K | $262K | $89K | — | View 990 |
| 2021 | $488K | $410K | $249K | $113K | — | View 990 |
| 2020 | $233K | $291K | $180K | $122K | — | View 990 |
| 2019 | $647K | $560K | $193K | $77K | — | View 990 |
| 2018 | $593K | $645K | $157K | $127K | — | View 990 |
| 2017 | $600K | $586K | $171K | $89K | — | — |
| 2016 | $560K | $548K | $89K | $21K | — | View 990 |
| 2015 | $515K | $535K | $76K | $21K | — | View 990 |
| 2014 | $491K | $482K | $77K | $2K | — | View 990 |
| 2013 | $333K | $346K | $67K | $1K | — | View 990 |
| 2012 | $326K | $289K | $80K | $1K | — | View 990 |
| 2011 | $196K | $194K | $45K | $3K | — | View 990 |
| 2010 | $165K | $162K | $42K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $904K, expenses of $892K, and assets of $284K (revenue +16.7% year-over-year).
- 2022: Revenue of $775K, expenses of $737K, and assets of $262K (revenue +58.8% year-over-year).
- 2021: Revenue of $488K, expenses of $410K, and assets of $249K (revenue +109.8% year-over-year).
- 2020: Revenue of $233K, expenses of $291K, and assets of $180K (revenue -64.1% year-over-year).
- 2019: Revenue of $647K, expenses of $560K, and assets of $193K (revenue +9.2% year-over-year).
- 2018: Revenue of $593K, expenses of $645K, and assets of $157K (revenue -1.2% year-over-year).
- 2017: Revenue of $600K, expenses of $586K, and assets of $171K (revenue +7.1% year-over-year).
- 2016: Revenue of $560K, expenses of $548K, and assets of $89K (revenue +8.8% year-over-year).
- 2015: Revenue of $515K, expenses of $535K, and assets of $76K (revenue +5.0% year-over-year).
- 2014: Revenue of $491K, expenses of $482K, and assets of $77K (revenue +47.2% year-over-year).
- 2013: Revenue of $333K, expenses of $346K, and assets of $67K (revenue +2.3% year-over-year).
- 2012: Revenue of $326K, expenses of $289K, and assets of $80K (revenue +66.4% year-over-year).
- 2011: Revenue of $196K, expenses of $194K, and assets of $45K (revenue +18.6% year-over-year).
- 2010: Revenue of $165K, expenses of $162K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winterfest Of Pensacola Inc:
Data Sources and Methodology
This transparency report for Winterfest Of Pensacola 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.