Is Joseph And Felicia Weber Family Foundation Inc Legit?
Quick charity verification for Joseph And Felicia Weber Family Foundation Inc (EIN: 200510704)
Verdict: Joseph And Felicia Weber Family Foundation Inc appears trustworthy
85/100Mission Score
$1.8MRevenue
$7.9MAssets
1Red Flags
4Strengths
Red Flags
Consistent spending exceeding revenue, leading to asset drawdowns (though potentially intentional for a private foundation)
Strengths
Zero officer compensation, indicating high efficiency in executive overhead.
Minimal liabilities ($1 across all filings), demonstrating strong financial health and lack of debt.
Consistent grantmaking activity, fulfilling its purpose as a private foundation.
Strong asset base ($6,488,205 in 2023) to support ongoing distributions.
Spending Breakdown
How Joseph And Felicia Weber Family Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Felicia Weber Family Foundation Inc
Is Joseph And Felicia Weber Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joseph And Felicia Weber Family Foundation Inc (EIN: 200510704) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Joseph And Felicia Weber Family Foundation Inc a good charity to donate to?
Joseph And Felicia Weber Family Foundation Inc has a Mission Score of 85/100. Revenue: $1.8M. Assets: $7.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joseph And Felicia Weber Family Foundation Inc?
The Employer Identification Number (EIN) for Joseph And Felicia Weber Family Foundation Inc is 200510704. 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 Felicia Weber Family Foundation Inc spend its money?
Joseph And Felicia Weber Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joseph And Felicia Weber Family Foundation Inc's tax-exempt status?
You can verify Joseph And Felicia Weber Family Foundation Inc's tax-exempt status using EIN 200510704 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 Felicia Weber Family Foundation Inc appears to be a private foundation primarily focused on grantmaking, as indicated by its NTEE code T22 (Private Grantmaking Foundations). Over the past several years, the foundation has consistently spent more than its annual revenue, drawing down on its assets. For example, in 2023, it reported revenue of $178,329 against expenses of $551,603. This trend suggests a strategy of distributing funds from its endowment rather than solely relying on annual contributions. Its assets have fluctuated, peaking at $9,011,882 in 2014 and currently standing at $6,488,205 in 2023, indicating significant distributions over time. The organization reports zero officer compensation across all available filings, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than administrative overhead related to executive salaries. The consistent reporting of minimal liabilities ($1) also points to sound financial management and a lack of significant debt burden.