LAKE OCONEE FOOD & WINE FESTIVAL INC

EIN: 474816220 501(c)(3) Human Services

GREENSBORO, GA

Total Revenue
$286,097
Total Expenses
$322,080
Total Assets
$288,277
Net Assets
$283,462
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
GA
Principal Officer
TERESA DOSTER
Phone
7064672090
Tax Period
2023-01-01 to 2023-12-31

LAKE OCONEE FOOD & WINE FESTIVAL INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $286K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $322K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROMOTE THE EDUCATION OF CHILDREN IN GRADES PRE-K THROUGH 12 IN LAKE OCONEE AREA OF GEORGIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,530
Program Service Revenue $0
Investment Income $0
Other Revenue $283,567
TOTAL REVENUE $286,097

Expense Breakdown

Grants Paid $319,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $319,800
Other Expenses $2,830
TOTAL EXPENSES $322,080

Year-over-Year Comparison

2023 2022 Change
Revenue $286,097 $309,964 -0.1%
Expenses $322,080 $391,666 -0.2%
Net Income $-35,983 $-81,702 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
40

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLISON BELANS DIRECTOR N/A
Director
$0 $0 $0
DEBBIE CORNELIA SECRETARY N/A
Officer Director
$0 $0 $0
KIM CULLENS DIRECTOR N/A
Director
$0 $0 $0
TERESA DOSTER PRESIDENT N/A
Officer Director
$0 $0 $0
BLAYRE HALEY DIRECTOR N/A
Director
$0 $0 $0
WIL HALEY DIRECTOR N/A
Director
$0 $0 $0
PAMELA HARTY DIRECTOR N/A
Director
$0 $0 $0
JAMIE NOLES DIRECTOR N/A
Director
$0 $0 $0
COOPER RAINEY DIRECTOR N/A
Director
$0 $0 $0
MARIE RAINEY DIRECTOR N/A
Director
$0 $0 $0
JANA ROPER DIRECTOR N/A
Director
$0 $0 $0
AMY SCHNEIDER DIRECTOR N/A
Director
$0 $0 $0
SCOTT SCHNEIDER DIRECTOR N/A
Director
$0 $0 $0
DANA VICK DIRECTOR N/A
Director
$0 $0 $0
DOUGLAS WEEKS DIRECTOR N/A
Director
$0 $0 $0
ANN WELCH TREASURER N/A
Officer Director
$0 $0 $0
DEREK WELCH DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $286,097 $322,080 $288,277 $-35,983
2022 $309,964 $391,666 $323,109 $-81,702
2021 $151,654 $30 $402,679 $151,624
2020 $44,783 $1,956 $249,523 $42,827
2019 $396,926 $261,120 $208,423 $135,806
2018 $233,125 $221,804 $74,197 $11,321
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