Quick charity verification for Weprin Family Foundation Inc (EIN: 201944690)
Verdict: Weprin Family Foundation Inc appears trustworthy
90/100Mission Score
$44KRevenue
$337KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, increasing from $243,622 in 2011 to $319,782 in 2023.
Zero officer compensation reported across all filings, indicating high operational efficiency.
Extremely low liabilities (consistently $1), demonstrating strong financial health and minimal risk.
Revenue consistently exceeds expenses, allowing for sustained operations and asset accumulation.
Consistent IRS 990 filing history, indicating transparency and compliance.
Spending Breakdown
How Weprin Family Foundation Inc 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 Weprin Family Foundation Inc
Is Weprin Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Weprin Family Foundation Inc (EIN: 201944690) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Weprin Family Foundation Inc a good charity to donate to?
Weprin Family Foundation Inc has a Mission Score of 90/100. Revenue: $44K. Assets: $337K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Weprin Family Foundation Inc?
The Employer Identification Number (EIN) for Weprin Family Foundation Inc is 201944690. 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 Weprin Family Foundation Inc spend its money?
Weprin Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Weprin Family Foundation Inc's tax-exempt status?
You can verify Weprin Family Foundation Inc's tax-exempt status using EIN 201944690 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 Weprin Family Foundation Inc. demonstrates consistent financial stability and a strong commitment to its programmatic mission. Over the past decade, the organization has shown steady asset growth, increasing from $243,622 in 2011 to $319,782 in 2023, indicating prudent financial management. Its liabilities have consistently remained at a nominal $1, suggesting a very low-risk financial profile and excellent solvency. The foundation's expenses are consistently lower than its revenues, allowing for asset accumulation and sustained operations.
Spending efficiency appears high, as the organization reports 0% officer compensation across all available filings, implying that administrative costs are kept to a minimum and resources are primarily directed towards its charitable purpose. While specific program spending percentages are not detailed in the provided data, the absence of executive compensation is a strong indicator of efficiency. The foundation's consistent filing of IRS Form 990s demonstrates a commitment to regulatory compliance and transparency, providing public access to its financial activities.
Overall, the Weprin Family Foundation Inc. exhibits characteristics of a well-managed and financially sound private foundation. Its consistent asset growth, minimal liabilities, and lack of executive compensation suggest that a significant portion of its resources are available for its charitable activities, aligning with best practices for philanthropic organizations.