Is Weingartz Family Foundation Legit? —…

Spending Breakdown

How Weingartz Family Foundation allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

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 Weingartz Family Foundation

Is Weingartz Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Weingartz Family Foundation (EIN: 201516609) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Weingartz Family Foundation a good charity to donate to?

Weingartz Family Foundation has a Mission Score of 90/100. Revenue: $8.9M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Weingartz Family Foundation?

The Employer Identification Number (EIN) for Weingartz Family Foundation is 201516609. 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 Weingartz Family Foundation spend its money?

Weingartz Family Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Weingartz Family Foundation's tax-exempt status?

You can verify Weingartz Family Foundation's tax-exempt status using EIN 201516609 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 Weingartz Family Foundation demonstrates a fluctuating financial performance over its filing history. While the latest reported revenue is substantial at $8,945,384, the organization has experienced periods where expenses exceeded revenue, such as in 2021 ($2,634,709 in expenses vs. $2,405,804 in revenue) and 2019 ($1,972,972 in expenses vs. $38,080 in revenue). This indicates an inconsistent operational surplus. The foundation's assets have generally grown, reaching $4,090,071, suggesting a stable asset base despite revenue volatility. The consistent reporting of zero officer compensation across all available filings points to a high degree of transparency and efficiency in executive remuneration, as no funds are allocated to salaries for top leadership. This practice significantly reduces administrative overhead and maximizes resources available for programmatic activities or asset growth.

Given the NTEE code T20 (Private Grantmaking Foundations), the primary function is to distribute grants. The absence of officer compensation is a strong indicator of financial efficiency, as it implies that the foundation's operations are managed either by volunteers or through other non-compensated means. The foundation's liabilities have consistently been very low or zero, indicating sound financial management and minimal debt burden. The significant jump in revenue to $8,945,384 in the latest period, compared to previous years, suggests a recent substantial influx of funds, which could enable increased grantmaking capacity. However, without a detailed breakdown of expenses for the latest period, it's challenging to fully assess the current spending efficiency between programs, administration, and fundraising.

Is Weingartz Family Foundation Legit?

Verdict: Weingartz Family Foundation appears trustworthy

Red Flags

Strengths