Detroit Wine Organization
- Assets
- $30.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 37-1426110
Organization Overview
Detroit Wine Organization is located in Farmington Hills, MI. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Wine Organization is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Detroit Wine Organization generated $65.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $65.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO BRING WORLD CLASS WINE EVENTS AND ACTIVITIES TO THE AREA WHILE SUPPORTING LOCAL CHILDRENS CHARITIES, EDUCATION OF THE GENERAL PUBLIC ABOUT THE BENEFITS AND INTRICACIES OF WINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Moran Treasurer | 5 | $0 | |
Kaitlyn Cox Secretary | 5 | $0 | |
Mike Peterson Director | 2 | $0 | |
Mike Macdonald Director | 2 | $0 | |
Michael Schafer Director | 2 | $0 | |
Jevon Kennell Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,192 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,495 |
| Other Revenue | $0 |
| Total Revenue | $65,687 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,700 |
| Professional fees and other payments to independent contractors | $1,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,699 |
| Other expenses | $0 |
| Total expenses | $65,597 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,270 |
| Other assets | $0 |
| Total assets | $30,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,270 |