The International Wine & Food Society-Philadelphia Chapter
- Assets
- $31.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ardmore, PA
- Founding
- 01/2004
- Data as of
- 12/2023
- EIN
- 23-2294784
Organization Overview
The International Wine & Food Society-Philadelphia Chapter is located in Ardmore, PA. The organization was established in 2004. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Wine & Food Society-Philadelphia Chapter is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, International Wine & Food Society-Philadelphia Chapter generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOOD AND WINE TASTING EVENTS CONTRIBUTE TO THE ORGANIZATION'S MISSION AND EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Shanis President | 5 | $0 | |
Mark Kogan Secretary | 1 | $0 | |
Brett Horowitz Secretary | 1 | $0 | |
Stephen Bleyer Treasurer | 1 | $0 | |
Herbert Engelbert Sommelier | 1 | $0 | |
Charles Mclister Program Directo | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,678 |
| Membership dues | $24,327 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,864 |
| Total expenses | $12,964 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,873 |
| Other assets | $0 |
| Total assets | $31,873 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,873 |