Overview
What is Texas Wine School Foundation?
The Texas Wine School Foundation is a nonprofit organization committed to promoting wine education. They achieve this by organizing classes, offering scholarships, hosting guest speakers, and supporting tasting groups. These activities include certification courses such as WSET and Wine Scholar Guild programs. In 2020, they granted four scholarships to support eager learners. Furthermore, the foundation generously provides space for tasting groups and industry associations to conduct wine education events, and serves as a venue for the Houston Sommelier Association's meetings.
Official website here: www.thetexaswineschool.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Texas Wine School Foundation has received a Two-Star out of Four Star rating from Charity Navigator, indicating a score of 66%. While the organization shows a solid commitment to program expenses, with an impressive 92.27% of its budget allocated to programs, there are significant areas of concern regarding its accountability and financial practices.
The foundation has a majority of independent board members, which is a positive indicator of governance. However, the board size lacks independent members, and numerous issues were noted in financial transparency, such as the absence of financial statements on its website and a lack of policies for document retention and whistleblower protections. These gaps highlight the need for better oversight and transparency.
Overall, the Texas Wine School Foundation demonstrates a strong focus on its programs but needs to improve its financial accountability and governance practices. Addressing the highlighted weaknesses will be crucial for enhancing its rating and public trust in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Wine School Foundation legitimate?
Texas Wine School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Wine School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thetexaswineschool.com
What is the mission statement of Texas Wine School Foundation?
The Texas Wine School Foundation is committed to promoting wine education. They accomplish this by offering a variety of wine classes, providing scholarships, inviting guest speakers, and supporting tasting groups. The foundation's educational offerings include certification courses such as the Wine & Spirit Education Trust (WSET) and Wine Scholar Guild courses. In 2020, they awarded four scholarships. Furthermore, the Texas Wine School Foundation generously provides space for tasting groups and industry associations to utilize for wine education purposes. Additionally, they organize meetings for the Houston Sommelier Association, contributing to the advancement of wine knowledge and appreciation.
Official website here: www.thetexaswineschool.com
Who is the CEO of Texas Wine School Foundation?
Elizabeth Palmer is the Secretary of Texas Wine School Foundation.
Official website here: www.thetexaswineschool.com
What is the revenue of Texas Wine School Foundation?
Texas Wine School Foundation's revenue in 2022 was $619,824.
Official website here: www.thetexaswineschool.com
Who are the executives of Texas Wine School Foundation and what are their salaries?
There 3 volunteers at Texas Wine School Foundation.
Here are 3 key members and their salaries:
- Compensation: $3,050
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thetexaswineschool.com
Where can I find the form 990 for Texas Wine School Foundation?
Texas Wine School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thetexaswineschool.com
Learn more at the official website: www.thetexaswineschool.com
Mission Statement of Texas Wine School Foundation
The Texas Wine School Foundation, a nonprofit organization, is devoted to enhancing wine knowledge through various educational initiatives. It accomplishes this by conducting wine classes, offering scholarships, inviting guest speakers, and supporting wine tasting groups. The foundation's primary mission is to advance wine education, providing individuals with a diverse range of learning opportunities.
One of the key aspects of the Texas Wine School Foundation's activities is the delivery of wine education classes. These classes cater to a wide array of interests, including certification courses such as the Wine & Spirit Education Trust (WSET) and Wine Scholar Guild courses. The foundation's commitment to education is further demonstrated by its provision of scholarships, enabling aspiring wine enthusiasts to pursue their passion without financial constraints.
In addition to its educational offerings, the Texas Wine School Foundation also donates its facilities to tasting groups and industry associations for wine education purposes. This generous gesture allows these groups to utilize the foundation's resources for their own educational endeavors. Furthermore, the foundation hosts meetings of the Houston Sommelier Association, further solidifying its role as a hub for wine education and networking.
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Impact
July, 2024
The Texas Wine School Foundation plays a significant role in advancing wine education by offering classes, providing scholarships, hosting speakers, and supporting tasting groups. Through its various wine education courses, including certification programs such as the Wine & Spirit Education Trust (WSET) and Wine Scholar Guild courses, the foundation contributes to the professional development and expertise of individuals in the wine industry.
In 2020, the Texas Wine School Foundation awarded four scholarships, enabling individuals to further their knowledge and skills in the field of wine. By supporting tasting groups and industry associations with space donations for educational purposes, the foundation fosters a community of wine enthusiasts and professionals dedicated to continuous learning.
Additionally, by hosting meetings of the Houston Sommelier Association, the Texas Wine School Foundation provides a platform for industry professionals to network, collaborate, and stay updated on the latest trends and developments in the world of wine. Overall, the foundation's dedication to wine education has a positive impact on the local community and the broader wine industry.
This information is meant to be a general summary of Texas Wine School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $613,331
- Gross Receipts: $619,824
Assets and Liabilities:
- Total Assets: $45,996
- Total Liabilities: $0
- Net Assets: $45,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Registration Fees
Revenue
$613,331
Organization Details
Founding Year
2018
Phone
(713) 828-7767Principal Officer
Elizabeth Palmer
Main Address
2301 Portsmouth, Houston, TX, 77098
Website
www.thetexaswineschool.comNTEE Category
Code: B99 - Education
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