Is The Stephen And Suzanne Weiss Foundation…

Quick charity verification for The Stephen And Suzanne Weiss Foundation Inc (EIN: 133384021)

Spending Breakdown

How The Stephen And Suzanne Weiss 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 The Stephen And Suzanne Weiss Foundation Inc

Is The Stephen And Suzanne Weiss Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Stephen And Suzanne Weiss Foundation Inc (EIN: 133384021) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is The Stephen And Suzanne Weiss Foundation Inc a good charity to donate to?

The Stephen And Suzanne Weiss Foundation Inc has a Mission Score of 75/100. Revenue: $169K. Assets: $403K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Stephen And Suzanne Weiss Foundation Inc?

The Employer Identification Number (EIN) for The Stephen And Suzanne Weiss Foundation Inc is 133384021. 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 The Stephen And Suzanne Weiss Foundation Inc spend its money?

The Stephen And Suzanne Weiss Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Stephen And Suzanne Weiss Foundation Inc's tax-exempt status?

You can verify The Stephen And Suzanne Weiss Foundation Inc's tax-exempt status using EIN 133384021 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 Stephen And Suzanne Weiss Foundation Inc appears to be a private foundation, as indicated by its consistent revenue sources and declining asset base over the past decade. Its financial health shows a consistent trend of expenses exceeding revenue in most recent years, leading to a significant reduction in assets from over $1.1 million in 2011 to $402,535 currently. For example, in 2023, expenses were $98,027 against revenue of $41,813, and in 2022, expenses were $44,901 while revenue was negative at $-17,513. This pattern suggests the foundation is spending down its principal rather than growing its endowment.

Regarding spending efficiency, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine program versus administrative spending. However, as a private foundation, a significant portion of its expenses would typically be grants made to other organizations, which are considered program spending. The consistent lack of officer compensation (0% in all reported periods) is a positive indicator of efficient use of funds, as it suggests no direct compensation burden from its leadership. The foundation's transparency is generally good, with consistent IRS 990 filings available, providing a clear historical financial picture.

Overall, the foundation is financially stable in the sense that it has assets to cover its current operational model, but it is clearly in a phase of asset depletion. Its efficiency is bolstered by zero officer compensation, and its transparency is adequate through its regular filings.

Is The Stephen And Suzanne Weiss Foundation Inc Legit?

Verdict: The Stephen And Suzanne Weiss Foundation Inc appears trustworthy

Red Flags

Strengths