Quick charity verification for Westfield Foundation (EIN: 222155896)
Verdict: Westfield Foundation appears trustworthy
75/100Mission Score
$2.6MRevenue
$29.7MAssets
2Red Flags
3Strengths
Red Flags
Consistent reporting of $0 for highest paid employee compensation across all years raises questions about the true nature of executive remuneration.
Revenue has seen a significant decline from $4,817,524 in 2018 to $940,824 in 2023, which could impact future program sustainability if not addressed.
Strengths
The foundation maintains a strong asset base, growing from $15,654,870 in 2016 to $28,314,788 in 2023, providing financial stability.
A high percentage of expenses are allocated to programs, indicating a strong commitment to its mission.
Despite revenue fluctuations, the organization has consistently managed to keep its liabilities relatively stable.
AI Transparency Report
Westfield Foundation is a unknown nonprofit based in Westfield, New Jersey, with reported revenue of $2.6M and assets of $29.7M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is consistently reported as $0 in the provided filings, which is unusual for an organization with significant assets and expenses, suggesting compensation may be indirect or not fully disclosed in the standard section. Revenue has declined -10% across 13 filing periods.