Destin Charity Wine Auction Foundation Inc is located in Miramar Beach, FL. The organization was established in 2007. According to its NTEE Classification (Y12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 07/2023, Destin Charity Wine Auction Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destin Charity Wine Auction Foundation 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 07/2023, Destin Charity Wine Auction Foundation Inc generated $3.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $4.0m during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Destin Charity Wine Auction Foundation Inc has awarded 51 individual grants totaling $10,559,622. 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
TO RAISE FUNDS FOR OTHER CHARITABLE ORGANIZATIONS WHOSE PRIMARY FUNCTION IS TO CARE FOR CHILDREN IN DISTRESS AND NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVED INCREASED AWARENESS AND FUNDING OF THE CHARITIES WE HELP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Garrard Director | Trustee | 2 | $0 |
Rob Hinojosa Director | Trustee | 2 | $0 |
Dc Matthews Director | Trustee | 2 | $0 |
P Wellborn Director | Trustee | 2 | $0 |
Jack Wilson Director | Trustee | 2 | $0 |
Kurtis Wolff Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Trey Pippin Event Rentals | 7/30/19 | $123,732 |
John Russell Management | 7/30/19 | $135,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $13,721 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,721 |
Total Program Service Revenue | $0 |
Investment income | $34,430 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $46,435 |
Net Income from Fundraising Events | $3,733,215 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,827,801 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,475,600 |
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. | $146,562 |
Compensation of current officers, directors, key employees. | $73,282 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $186,552 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,985 |
Payroll taxes | $21,830 |
Fees for services: Management | $25,368 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,833 |
Fees for services: Other | $0 |
Advertising and promotion | $23,615 |
Office expenses | $14,494 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $49,337 |
Travel | $2,784 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,502 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $805 |
Insurance | $4,005 |
All other expenses | $0 |
Total functional expenses | $4,004,683 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,038,324 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $311,858 |
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 | $0 |
Prepaid expenses and deferred charges | $18,965 |
Net Land, buildings, and equipment | $10,468 |
Investments—publicly traded securities | $1,040,779 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,670 |
Total assets | $4,427,064 |
Accounts payable and accrued expenses | $3,361,030 |
Grants payable | $0 |
Deferred revenue | $15,687 |
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 | $3,376,717 |
Net assets without donor restrictions | $9,568 |
Net assets with donor restrictions | $1,040,779 |
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 | $4,427,064 |
Over the last fiscal year, Destin Charity Wine Auction Foundation Inc has awarded $2,378,100 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
AMIKIDS EM COAST PURPOSE: CHARITY | $125,000 |
BOYS & GIRLS CEC PURPOSE: CHARITY | $209,000 |
CARING & SHARING PURPOSE: CHARITY | $55,000 |
CHILDREN IN CRIS PURPOSE: CHARITY | $201,500 |
CHILD VOLU HLTH PURPOSE: CHARITY | $250,000 |
ELLISON INGRAM F PURPOSE: CHARITY | $200,000 |
Organization Name | Assets | Revenue |
---|---|---|
Families First Cc2015 Inc Atlanta, GA | $0 | $2,337,916 |
Destin Charity Wine Auction Foundation Inc Miramar Beach, FL | $4,427,064 | $3,827,801 |
Jjs Hope And Health Foundation Fort Lauderdale, FL | $1,292,334 | $26,907 |
Srq Vets Inc Sarasota, FL | $99,507 | $0 |
Mizner Relief Fund Inc Delray Beach, FL | $6,479 | $75,725 |
Laaia Response & Recovery Inc Tallahassee, FL | $48,691 | $0 |
G4 Pilot Assistance Fund Inc Punta Gorda, FL | $235,409 | $0 |
Alabama Lake Wide Charities Jasper, AL | $55,692 | $0 |
Adri atlanta, GA | $83,000 | $66,000 |
Friends Of Msf At Uga Inc Athens, GA | $317,904 | $124,011 |
Silent Angels Of Alabama Birmingham, AL | $265,873 | $0 |
Children Of Helen Alliance Inc West Palm Beach, FL | $12,002 | $0 |
East Alabama Lamplighters Foundation Anniston, AL | $407 | $0 |
Capital Area Health Accessfoundation Inc Tallahassee, FL | $0 | $0 |