Candace King Weir Foundation
Candace King Weir Foundation shows substantial asset growth and no reported officer compensation, but expense breakdown is unavailable.
EIN: 133797919 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.2M |
| Total Expenses | $4.4M |
| Net Assets | $68.3M |
| Transparency Score | 75/100 |
Is Candace King Weir Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Candace King Weir Foundation
Candace King Weir Foundation (EIN: 133797919) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $28.2M and total assets of $68.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Candace King Weir Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Candace King Weir Foundation is a large nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.7M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$12.3M |
| Total Assets | $68.3M |
| Total Liabilities | $16K |
| Net Assets | $68.3M |
| Operating Margin | 73.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 186.8 months |
Financial Health Grade: A
In 2023, Candace King Weir Foundation reported a surplus of $12.3M with revenue exceeding expenses, holds 186.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Candace King Weir Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.6% | +17.1% | +22.0% |
| 2022 | -28.4% | +51.4% | +15.4% |
| 2021 | +21.7% | +105.2% | +16.8% |
| 2020 | +5.3% | -59.4% | +26.5% |
| 2019 | +318.6% | +137.6% | +33.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Candace King Weir Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Candace King Weir Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for minimizing overhead related to executive pay.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Candace King Weir Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- NTEE Code is unknown, which limits understanding of specific mission area
Strengths
The following positive indicators were identified for Candace King Weir Foundation:
- Consistent and significant asset growth (from $17M in 2011 to $68M in 2023)
- Zero reported officer compensation across all filings
- Consistent filing of IRS Form 990s over a decade, indicating regulatory compliance
- Revenue consistently exceeds expenses by a significant margin, indicating financial stability
Frequently Asked Questions about Candace King Weir Foundation
Is Candace King Weir Foundation a legitimate charity?
Candace King Weir Foundation (EIN: 133797919) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $28.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Candace King Weir Foundation spend its money?
Candace King Weir Foundation reported $28.2M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Candace King Weir Foundation tax-deductible?
Candace King Weir Foundation is registered as a tax-exempt nonprofit (EIN: 133797919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Candace King Weir Foundation located?
Candace King Weir Foundation is headquartered in Albany, New York and files with the IRS under EIN 133797919.
How many years of IRS 990 filings does Candace King Weir Foundation have?
Candace King Weir Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $28.2M in total revenue.
What percentage of the Candace King Weir Foundation's expenses are allocated to program services?
Based on the provided IRS 990 data, a detailed breakdown of expenses into program, administrative, and fundraising categories is not available, making it impossible to determine the exact percentage allocated to program services.
How has the Candace King Weir Foundation's asset base grown over the past decade?
The foundation's assets have grown substantially, from $17,019,082 in 2011 to $68,322,944 in 2023, representing an increase of over 300%.
Does the Candace King Weir Foundation pay its officers?
According to all provided IRS 990 filings, the Candace King Weir Foundation consistently reports 0% officer compensation.
Filing History
IRS 990 filing history for Candace King Weir Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Candace King Weir Foundation's revenue has grown by 162.3%, moving from $6.4M to $16.7M. Total assets increased by 301.4% over the same period, from $17.0M to $68.3M. Total functional expenses rose by 346%, from $984K to $4.4M. In its most recent filing year (2023), Candace King Weir Foundation reported a surplus of $12.3M, with revenue exceeding expenses. The organization holds $16K in liabilities against $68.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $68.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.7M | $4.4M | $68.3M | $16K | — | View 990 |
| 2022 | $8.6M | $3.7M | $56.0M | $16K | — | View 990 |
| 2021 | $12.0M | $2.5M | $48.5M | $16K | — | View 990 |
| 2020 | $9.9M | $1.2M | $41.6M | $9K | — | View 990 |
| 2019 | $9.4M | $3.0M | $32.9M | $9K | — | View 990 |
| 2015 | $2.2M | $1.3M | $24.5M | $1 | — | View 990 |
| 2014 | $6.1M | $1.8M | $23.5M | $1 | — | View 990 |
| 2013 | $3.9M | $1.8M | $20.2M | $1 | — | View 990 |
| 2012 | $4.9M | $1.0M | $20.0M | $0 | — | View 990 |
| 2011 | $6.4M | $984K | $17.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.7M, expenses of $4.4M, and assets of $68.3M (revenue +93.6% year-over-year).
- 2022: Revenue of $8.6M, expenses of $3.7M, and assets of $56.0M (revenue -28.4% year-over-year).
- 2021: Revenue of $12.0M, expenses of $2.5M, and assets of $48.5M (revenue +21.7% year-over-year).
- 2020: Revenue of $9.9M, expenses of $1.2M, and assets of $41.6M (revenue +5.3% year-over-year).
- 2019: Revenue of $9.4M, expenses of $3.0M, and assets of $32.9M (revenue +318.6% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.3M, and assets of $24.5M (revenue -63.1% year-over-year).
- 2014: Revenue of $6.1M, expenses of $1.8M, and assets of $23.5M (revenue +55.3% year-over-year).
- 2013: Revenue of $3.9M, expenses of $1.8M, and assets of $20.2M (revenue -19.6% year-over-year).
- 2012: Revenue of $4.9M, expenses of $1.0M, and assets of $20.0M (revenue -23.3% year-over-year).
- 2011: Revenue of $6.4M, expenses of $984K, and assets of $17.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Candace King Weir Foundation:
Data Sources and Methodology
This transparency report for Candace King Weir Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.