Is Peter A And Deborah L Weinberg Family Foundation Legit?
Quick charity verification for Peter A And Deborah L Weinberg Family Foundation (EIN: 133920469)
Verdict: Peter A And Deborah L Weinberg Family Foundation appears trustworthy
90/100Mission Score
$14.0MRevenue
$10.0MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistently low liabilities ($0 or $1 across all filings), indicating strong financial health.
No reported officer compensation, maximizing funds available for programmatic activities.
Substantial asset base (ranging from $7M to $14M) provides financial stability and capacity for grantmaking.
Clear focus on grantmaking as its primary activity, aligning with its NTEE code and mission.
Spending Breakdown
How Peter A And Deborah L Weinberg Family Foundation 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 Peter A And Deborah L Weinberg Family Foundation
Is Peter A And Deborah L Weinberg Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter A And Deborah L Weinberg Family Foundation (EIN: 133920469) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Peter A And Deborah L Weinberg Family Foundation a good charity to donate to?
Peter A And Deborah L Weinberg Family Foundation has a Mission Score of 90/100. Revenue: $14.0M. Assets: $10.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peter A And Deborah L Weinberg Family Foundation?
The Employer Identification Number (EIN) for Peter A And Deborah L Weinberg Family Foundation is 133920469. 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 Peter A And Deborah L Weinberg Family Foundation spend its money?
Peter A And Deborah L Weinberg Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peter A And Deborah L Weinberg Family Foundation's tax-exempt status?
You can verify Peter A And Deborah L Weinberg Family Foundation's tax-exempt status using EIN 133920469 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 Peter A And Deborah L Weinberg Family Foundation demonstrates a consistent commitment to its programmatic mission, as evidenced by its NTEE code (T90Z) indicating a focus on grantmaking foundations. Over the past several years, the foundation has shown significant fluctuations in both revenue and expenses. For instance, in 202407, the foundation reported revenue of $578,724 against expenses of $7,552,457, indicating a substantial draw on assets to fund its activities. Conversely, in 202307, revenue was $8,489,486 with expenses of $2,005,784, leading to asset growth. This pattern suggests a strategy of varying grant distributions based on market performance or specific funding cycles rather than a steady operational budget.
Financially, the organization appears stable with assets consistently in the range of $7 million to $14 million over the last decade, reaching $10,649,729 in 202407. Liabilities have been consistently minimal, often reported as $0 or $1, which is a strong indicator of financial health and low debt burden. The absence of reported officer compensation across all filings suggests that the foundation is either entirely volunteer-run at the executive level or that compensation is covered by other means not reported in this section, which enhances its spending efficiency from an overhead perspective. The foundation's primary function as a grantmaking entity means its 'program spending' is effectively its grants distributed, which is its core mission.