Is American Committee For The Weizmann Institute Of Science Inc Legit?
Quick charity verification for American Committee For The Weizmann Institute Of Science Inc (EIN: 131623886)
Verdict: American Committee For The Weizmann Institute Of Science Inc appears trustworthy
90/100Mission Score
$47.1MRevenue
$993.2MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent 2023 filing period ($154,481,000 vs $130,313,000).
Strengths
Consistent reporting of 0% officer compensation across all filings.
Substantial and growing asset base, reaching $912,803,000 in 2023.
Strong historical revenue generation, with several years showing significant surpluses.
Long and consistent IRS 990 filing history, indicating transparency.
Spending Breakdown
How American Committee For The Weizmann Institute Of Science Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about American Committee For The Weizmann Institute Of Science Inc
Is American Committee For The Weizmann Institute Of Science Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Committee For The Weizmann Institute Of Science Inc (EIN: 131623886) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is American Committee For The Weizmann Institute Of Science Inc a good charity to donate to?
American Committee For The Weizmann Institute Of Science Inc has a Mission Score of 90/100. Revenue: $47.1M. Assets: $993.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Committee For The Weizmann Institute Of Science Inc?
The Employer Identification Number (EIN) for American Committee For The Weizmann Institute Of Science Inc is 131623886. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does American Committee For The Weizmann Institute Of Science Inc spend its money?
American Committee For The Weizmann Institute Of Science Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Committee For The Weizmann Institute Of Science Inc's tax-exempt status?
You can verify American Committee For The Weizmann Institute Of Science Inc's tax-exempt status using EIN 131623886 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The American Committee For The Weizmann Institute Of Science Inc demonstrates generally strong financial health, with substantial assets totaling $912,803,000 in the 2023 fiscal period, supporting its mission to advance scientific research. The organization has consistently maintained a robust asset base, indicating long-term stability. While the 2023 fiscal period showed expenses exceeding revenue by approximately $24 million ($154,481,000 in expenses vs. $130,313,000 in revenue), this appears to be an anomaly in its recent history, as prior years (e.g., 2022 and 2021) showed significant revenue surpluses. This suggests a strategic spending increase or investment in programs, rather than a systemic financial issue.
The organization's spending efficiency is commendable, particularly given its NTEE code (Q113 - Research Institutes). A significant portion of its expenditures is directed towards program services, which is typical for a research-focused entity. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and public trust.
Overall, the organization appears transparent in its financial reporting, with a consistent filing history and clear financial statements. The substantial asset base and historical revenue generation capabilities provide a strong foundation. The recent increase in expenses relative to revenue in 2023 warrants closer examination to understand the nature of these expenditures, but it does not immediately suggest poor financial management given the overall positive trend.