Charles And Marion Weber Foundation
Charles And Marion Weber Foundation maintains strong assets and zero officer compensation despite recent revenue shortfalls.
EIN: 207338204 · Tulsa, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $351K |
| Program Spending | 95% |
| Net Assets | $4.4M |
| Transparency Score | 90/100 |
Is Charles And Marion Weber Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles And Marion Weber Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles And Marion Weber Foundation
Charles And Marion Weber Foundation (EIN: 207338204) is a nonprofit organization based in Tulsa, OK, classified under NTEE code T20. The organization reported total revenue of $1.9M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles And Marion Weber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles And Marion Weber Foundation is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $351K |
| Surplus / Deficit | $-240,112 |
| Total Assets | $4.4M |
| Total Liabilities | $1 |
| Net Assets | $4.4M |
| Operating Margin | -216.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 151.3 months |
Financial Health Grade: B
In 2023, Charles And Marion Weber Foundation reported a deficit of $240K with expenses exceeding revenue, holds 151.3 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), Charles And Marion Weber Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | -11.5% | -5.2% |
| 2022 | -66.4% | +4.1% | -3.6% |
| 2021 | -47.3% | +17.9% | +4.7% |
| 2020 | +268.4% | +41.3% | +66.0% |
| 2019 | +20.7% | -14.4% | -9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Charles And Marion Weber Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Charles And Marion Weber Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $240K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for an organization of its asset size.
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 Charles And Marion Weber Foundation's IRS 990 filings:
- Recent years (2022, 2023) show expenses significantly exceeding revenue, indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Charles And Marion Weber Foundation:
- Consistently low liabilities ($0 or $1) across all filings, indicating excellent financial health.
- Zero officer compensation reported across all filings, demonstrating high efficiency and dedication.
- Strong asset base ($4,347,387 latest) provides significant financial stability.
- Consistent filing history (10 filings) indicates good transparency and compliance.
Frequently Asked Questions about Charles And Marion Weber Foundation
Is Charles And Marion Weber Foundation a legitimate charity?
Charles And Marion Weber Foundation (EIN: 207338204) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Charles And Marion Weber Foundation spend its money?
Charles And Marion Weber Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Charles And Marion Weber Foundation tax-deductible?
Charles And Marion Weber Foundation is registered as a tax-exempt nonprofit (EIN: 207338204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Charles And Marion Weber Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Charles And Marion Weber Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Charles And Marion Weber Foundation located?
Charles And Marion Weber Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 207338204. It is classified under NTEE code T20.
How many years of IRS 990 filings does Charles And Marion Weber Foundation have?
Charles And Marion Weber 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 $1.9M in total revenue.
How does the foundation sustain its operations when expenses exceed revenue, as seen in 2022 and 2023?
The foundation likely draws from its substantial asset base, which stood at $4,347,387 in the latest filing, to cover expenses when annual revenue is insufficient.
What are the specific programmatic areas or grants funded by the Charles And Marion Weber Foundation?
Based on the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation primarily engages in grantmaking, but specific beneficiaries or program areas are not detailed in the provided financial summary.
What is the source of the foundation's revenue, given its fluctuations?
The provided data only shows 'Revenue' without specifying sources (e.g., investment income, donations). Given it's a private foundation, investment returns on its endowment are a likely primary source, which can fluctuate annually.
Filing History
IRS 990 filing history for Charles And Marion Weber Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Charles And Marion Weber Foundation's revenue has declined by 39.4%, moving from $184K to $111K. Total assets increased by 43.1% over the same period, from $3.1M to $4.4M. Total functional expenses rose by 37.6%, from $255K to $351K. In its most recent filing year (2023), Charles And Marion Weber Foundation reported a deficit of $240K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $351K | $4.4M | $1 | — | View 990 |
| 2022 | $113K | $397K | $4.7M | $1 | — | View 990 |
| 2021 | $337K | $382K | $4.8M | $1 | — | View 990 |
| 2020 | $640K | $324K | $4.6M | $1 | — | View 990 |
| 2019 | $174K | $229K | $2.8M | $1 | — | View 990 |
| 2015 | $144K | $268K | $3.1M | $1 | — | View 990 |
| 2014 | $286K | $292K | $3.2M | $1 | — | View 990 |
| 2013 | $291K | $249K | $3.2M | $0 | — | View 990 |
| 2012 | $323K | $235K | $3.2M | $0 | — | View 990 |
| 2011 | $184K | $255K | $3.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $351K, and assets of $4.4M (revenue -1.8% year-over-year).
- 2022: Revenue of $113K, expenses of $397K, and assets of $4.7M (revenue -66.4% year-over-year).
- 2021: Revenue of $337K, expenses of $382K, and assets of $4.8M (revenue -47.3% year-over-year).
- 2020: Revenue of $640K, expenses of $324K, and assets of $4.6M (revenue +268.4% year-over-year).
- 2019: Revenue of $174K, expenses of $229K, and assets of $2.8M (revenue +20.7% year-over-year).
- 2015: Revenue of $144K, expenses of $268K, and assets of $3.1M (revenue -49.6% year-over-year).
- 2014: Revenue of $286K, expenses of $292K, and assets of $3.2M (revenue -1.7% year-over-year).
- 2013: Revenue of $291K, expenses of $249K, and assets of $3.2M (revenue -10.1% year-over-year).
- 2012: Revenue of $323K, expenses of $235K, and assets of $3.2M (revenue +76.1% year-over-year).
- 2011: Revenue of $184K, expenses of $255K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles And Marion Weber Foundation:
Data Sources and Methodology
This transparency report for Charles And Marion Weber 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.