Florida Winefest And Auction Inc
- Assets
- $385.6k
- Revenue
- $175.1k
- Investments
- $231.3k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 04/1994
- Data as of
- 09/2023
- EIN
- 65-0455486
Organization Overview
Florida Winefest And Auction Inc is located in Sarasota, FL. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Winefest And Auction Inc 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 09/2023, Florida Winefest And Auction Inc generated $175.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $239.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Florida Winefest And Auction Inc has awarded 103 individual grants totaling $978,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FLORIDA WINEFEST AND AUCTION EXISTS TO PROVIDE FUNDING TO QUALIFIED CHARITABLE ORGANIZATIONS FOR PROGRAMS ASSISTING DISADVANTAGED CHILDREN, YOUTH AND FAMILIES IN SARASOTA AND MANATEE COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FLORIDA WINEFEST & AUCTION, INC. PROVIDES FUNDING FOR PROGRAMS BENEFITING LOCAL CHARITABLE ORGANIZATIONS WHICH ASSIST DISADVANTAGED CHILDREN, YOUTH AND FAMILIES. PROGRAMS IN THE PAST HAVE INCLUDED (BUT NOT LIMITED TO) FUNDING TO PURCHASE BABY BEDS/STROLLERS/HIGHCHAIRS, TEMPORARY HOUSING FOR HOMELESS FAMILIES/CHILDREN, AFTER-SCHOOL EDUCATIONAL PROGRAMS/HOMEWORK TO KEEP CHILDREN OFF THE STREETS, AFTER-SCHOOL NUTRITIONAL FOOD PROGRAMS FOR LOW-INCOME CHILDREN, SCHOOL SUPPLIES, COUNSELING FOR TEENAGE MOTHERS, PARENTING CLASSES FOR TEENAGERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Armbruster Board Member | Trustee | 1 | $0 |
Margo Bohaty Board Member | Trustee | 1 | $0 |
Christopher Covelli Board Member | Trustee | 1 | $0 |
Clayton Daley Board Member | Trustee | 1 | $0 |
Trey Desenberg Board Member | Trustee | 1 | $0 |
Judy Fiala Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $66,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,532 |
| Total Program Service Revenue | $0 |
| Investment income | $5,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,231 |
| Net Income from Fundraising Events | $32,393 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $202,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $172 |
| Fees for services: Other | $4,925 |
| Advertising and promotion | $0 |
| Office expenses | $412 |
| Information technology | $8,840 |
| Royalties | $0 |
| Occupancy | $1,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,460 |
| All other expenses | $0 |
| Total functional expenses | $239,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $144,258 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $231,300 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $385,558 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $385,558 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $385,558 |
Grants Awarded
Over the last fiscal year, Florida Winefest And Auction Inc has awarded $138,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
EARLY LEARNING COALITION OF MANATEE CNTY PURPOSE: GENERAL SUPPORT | $10,000 |
FEEDING EMPTY LITTLE TUMMIES PURPOSE: GENERAL SUPPORT | $13,000 |
HEALTHY TEENS INC PURPOSE: GENERAL SUPPORT | $6,000 |
LAUREL CIVIC ASSOCIATION INC PURPOSE: GENERAL SUPPORT | $25,000 |
MANATEE COUNTY GIRLS CLUB- JUST FOR GIRL PURPOSE: GENERAL SUPPORT | $6,000 |
MOTHERS HELPING MOTHERS PURPOSE: GENERAL SUPPORT | $30,500 |