Destin Charity Wine Auction Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,271,057 | 1,304,087 | −33,030 | -0.0 | 18% |
| 2012 | 499 | 30,999 | −30,500 | -13.5 | 61% |
| 2014 | 2,520,753 | 2,401,899 | 118,854 | 0.4 | 12% |
| 2015 | 2,628,606 | 2,685,988 | −57,382 | 0.1 | 6% |
| 2016 | 3,077,370 | 3,075,101 | 2,269 | 0.1 | 5% |
| 2017 | 3,090,082 | 3,101,282 | −11,200 | 0.0 | 4% |
| 2018 | 3,117,197 | 3,113,229 | 3,968 | 0.1 | 4% |
| 2019 | 3,934,552 | 3,884,189 | 50,363 | 0.2 | 3% |
| 2020 | 667,364 | 444,405 | 222,959 | 7.8 | 27% |
| 2021 | 3,716,066 | 3,653,153 | 62,913 | 1.2 | 4% |
| 2022 | 4,066,580 | 3,828,866 | 237,714 | 3.6 | 10% |
| 2023 | 3,827,801 | 4,004,683 | −176,882 | 3.1 | 8% |
In its most recent public year (2023), this organization spent $176,882 more than it brought in. Its reserves stood at about 3.1 months of spending, up from 0 in 2011. Staff pay was 8% of spending. $1,040,779 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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