Is Leon N Weiner Education Foundation Legit?

Quick charity verification for Leon N Weiner Education Foundation (EIN: 202024104)

Verdict: Leon N Weiner Education Foundation appears trustworthy

90/100Mission Score
$677KRevenue
$2.5MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Leon N Weiner Education Foundation 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 Leon N Weiner Education Foundation

Is Leon N Weiner Education Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Leon N Weiner Education Foundation (EIN: 202024104) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Leon N Weiner Education Foundation a good charity to donate to?

Leon N Weiner Education Foundation has a Mission Score of 90/100. Revenue: $677K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Leon N Weiner Education Foundation?

The Employer Identification Number (EIN) for Leon N Weiner Education Foundation is 202024104. 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 Leon N Weiner Education Foundation spend its money?

Leon N Weiner Education Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Leon N Weiner Education Foundation's tax-exempt status?

You can verify Leon N Weiner Education Foundation's tax-exempt status using EIN 202024104 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 Leon N Weiner Education Foundation demonstrates consistent financial health with growing assets over the past decade, reaching $2,532,745 in 2023. While revenue has fluctuated, ranging from $215,777 in 2015 to $924,244 in 2022, the organization has generally maintained a positive net asset position. The foundation's spending efficiency appears strong, as evidenced by its consistent reporting of 0% officer compensation across all available filings, suggesting that resources are directed towards its mission rather than executive salaries. The absence of officer compensation also indicates a high level of transparency regarding how funds are allocated, as this key financial metric is clearly disclosed and consistently low. In terms of program focus, the NTEE code B82 (Scholarships & Student Financial Aid) aligns with an education foundation's mission. Without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. However, the consistent growth in assets, even during periods where expenses exceeded revenue (e.g., 2023, 2018, 2016, 2015), suggests effective asset management and potentially a strong endowment or investment strategy supporting its long-term goals. The foundation's financial stability, coupled with its commitment to not paying officer compensation, paints a picture of a well-managed and mission-focused organization. The foundation's financial reporting history, with 13 filings, indicates a commitment to regulatory compliance and transparency. The consistent disclosure of key financial metrics like revenue, expenses, assets, liabilities, and officer compensation across these filings provides a clear historical view of its financial operations. This level of consistent reporting is a positive indicator for stakeholders seeking to understand the organization's financial trajectory and operational integrity.

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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