AI Transparency Report
The Winifred Masterson Burke Foundation Inc demonstrates a generally stable financial position with significant assets, consistently over $85 million in the past decade, peaking at $118 million in 2021. While revenue has fluctuated, ranging from $3 million to over $10 million annually, the organization has maintained a healthy asset base. In the most recent filing (202312), expenses ($5,104,798) exceeded revenue ($3,062,472), resulting in a deficit for that period, which is a point to monitor, though it's not uncommon for foundations to experience yearly fluctuations. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and efficiency profile.
The foundation's spending efficiency appears robust, particularly given the absence of reported officer compensation. With a substantial asset base, the organization has the capacity to weather revenue dips and continue its programmatic activities. The NTEE code E120 suggests a focus on medical research or health-related programs, aligning with a foundation's typical grant-making or direct program support. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency, allowing for public scrutiny of its operations.