Wine and Spirits Wholesalers of Ga Inc

EIN: 580537379

Atlanta, GA

Total Revenue
$1,156,934
Total Expenses
$1,249,352
Total Assets
$900,084
Net Assets
$900,084
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
GA
Principal Officer
Kent Honeyman
Phone
4042614518
Tax Period
2024-01-01 to 2024-12-31

Wine and Spirits Wholesalers of Ga Inc, founded in 1975, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024.

Mission

Liaison between Government and Industry

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,142,991
Program Service Revenue $0
Investment Income $13,943
Other Revenue $0
TOTAL REVENUE $1,156,934

Expense Breakdown

Grants Paid $0
Salaries & Benefits $419,022
Fundraising Expenses $0
Other Expenses $830,330
TOTAL EXPENSES $1,249,352

Year-over-Year Comparison

2024 2023 Change
Revenue $1,156,934 $1,184,076 0.0%
Expenses $1,249,352 $1,232,006 +0.0%
Net Income $-92,418 $-47,930 +0.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
N/A

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
1
$270,000
Total Directors
7
$0
Key Employees
1
$270,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William D Young Jr Vice-President 1.00
Director
$0 $0 $0
Henry S Monsees Treasurer 1.00
Director
$0 $0 $0
Donald M Leebern III Secretary 1.00
Director
$0 $0 $0
Randy Hecklinski Director 1.00
Director
$0 $0 $0
Peter Moraitakis President 1.00
Director
$0 $0 $0
Gary Wolfe Chairman 1.00
Director
$0 $0 $0
Marie Flatau Director 1.00
Director
$0 $0 $0
Kent C Honeyman Executive Director 40.00
Officer Key Emp Highest
$270,000 $0 $270,000
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
2024 $1,156,934 $1,249,352 $900,084 $-92,418
2023 $1,184,076 $1,232,006 $992,502 $-47,930
2022 $1,169,189 $965,333 $1,040,432 $203,856
2021 $1,011,762 $956,624 $836,576 $55,138
2020 $904,523 $854,765 $781,438 $49,758
2019 $873,734 $771,451 $731,680 $102,283
2018 $847,582 $792,655 $629,397 $54,927
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