Is Joseph And Debra Weinberg Familyfoundation Inc Legit?

Quick charity verification for Joseph And Debra Weinberg Familyfoundation Inc (EIN: 203934838)

Verdict: Joseph And Debra Weinberg Familyfoundation Inc appears trustworthy

85/100Mission Score
$23.8MRevenue
$20.1MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Joseph And Debra Weinberg Familyfoundation Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 Joseph And Debra Weinberg Familyfoundation Inc

Is Joseph And Debra Weinberg Familyfoundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Joseph And Debra Weinberg Familyfoundation Inc (EIN: 203934838) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Joseph And Debra Weinberg Familyfoundation Inc a good charity to donate to?

Joseph And Debra Weinberg Familyfoundation Inc has a Mission Score of 85/100. Revenue: $23.8M. Assets: $20.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Joseph And Debra Weinberg Familyfoundation Inc?

The Employer Identification Number (EIN) for Joseph And Debra Weinberg Familyfoundation Inc is 203934838. 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 Joseph And Debra Weinberg Familyfoundation Inc spend its money?

Joseph And Debra Weinberg Familyfoundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Joseph And Debra Weinberg Familyfoundation Inc's tax-exempt status?

You can verify Joseph And Debra Weinberg Familyfoundation Inc's tax-exempt status using EIN 203934838 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 Joseph And Debra Weinberg Familyfoundation Inc. demonstrates a consistent pattern of growth in both revenue and assets over the past decade, with latest reported revenue at $23,800,776 and assets at $20,052,426. The organization's financial health appears robust, particularly given the significant increase in assets from $581,357 in 2011 to over $20 million currently. Spending efficiency, based on the provided data, indicates that the foundation consistently spends less than its revenue, allowing for asset accumulation. For example, in 2023, expenses were $1,682,144 against $4,421,930 in revenue. The absence of reported officer compensation across all filings suggests a high degree of transparency regarding executive pay, as it indicates either a volunteer-led structure or compensation is covered by other means not reported as officer compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency towards its mission is limited.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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