Is Isak And Rose Weinman Foundation Inc…

Quick charity verification for Isak And Rose Weinman Foundation Inc (EIN: 136110132)

Spending Breakdown

How Isak And Rose Weinman Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Isak And Rose Weinman Foundation Inc

Is Isak And Rose Weinman Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Isak And Rose Weinman Foundation Inc (EIN: 136110132) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Isak And Rose Weinman Foundation Inc a good charity to donate to?

Isak And Rose Weinman Foundation Inc has a Mission Score of 95/100. Revenue: $5.2M. Assets: $15.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Isak And Rose Weinman Foundation Inc?

The Employer Identification Number (EIN) for Isak And Rose Weinman Foundation Inc is 136110132. 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 Isak And Rose Weinman Foundation Inc spend its money?

Isak And Rose Weinman Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Isak And Rose Weinman Foundation Inc's tax-exempt status?

You can verify Isak And Rose Weinman Foundation Inc's tax-exempt status using EIN 136110132 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 Isak And Rose Weinman Foundation Inc. demonstrates consistent financial health and a strong commitment to its programmatic mission. Over the past decade, the organization has shown steady growth in assets, increasing from $11,039,967 in 2011 to $14,610,677 in 2023. Its revenue streams have been robust, with the latest reported revenue at $1,358,243 in 2023, comfortably exceeding expenses of $981,225. This consistent surplus indicates sound financial management and the ability to build reserves for future activities.

The foundation's spending efficiency appears high, as indicated by the absence of reported officer compensation across all available filings, suggesting that a very high proportion of expenses are directed towards programs or essential administrative functions. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the lack of officer compensation is a strong positive indicator of resource allocation. The organization's liabilities have consistently been minimal ($1 in recent years), further underscoring its stable financial position.

In terms of transparency, the consistent filing of IRS 990 forms over a decade is a positive sign. The absence of officer compensation simplifies the analysis of executive pay, indicating that the foundation operates with a lean or volunteer-based leadership structure, which is commendable for a grant-making entity. Overall, the foundation appears to be a well-managed and financially sound entity, effectively utilizing its resources.

Is Isak And Rose Weinman Foundation Inc Legit?

Verdict: Isak And Rose Weinman Foundation Inc appears trustworthy

Strengths