Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger
Charles E Marks Jr Charitable Trust consistently spends more than its revenue, drawing down assets.
EIN: 207240974 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6.8M |
| Program Spending | 90% |
| Net Assets | $15.1M |
| Transparency Score | 70/100 |
Is Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger (EIN: 207240974) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 43.0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-2,150,882 |
| Total Assets | $15.1M |
| Net Assets | $15.1M |
| Operating Margin | -46.8% |
| Months of Reserves | 26.8 months |
Financial Health Grade: B
In 2014, Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger reported a deficit of $2.2M with expenses exceeding revenue, holds 26.8 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2011–2014), Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger's revenue has grown at a compound annual growth rate (CAGR) of 43.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +182.3% | +40.8% | -12.5% |
| 2013 | -3.3% | +21.3% | -15.5% |
| 2012 | +7.1% | +39.8% | -10.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger with a Mission Score of 70 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.2M, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led or externally managed structure with no direct executive salaries paid from the trust's funds.
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 E Marks Jr Charitable Trust C/O Stanley R Weinberger's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in all reported periods.
- Significant decline in assets over time due to spending down principal.
Strengths
The following positive indicators were identified for Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger:
- No reported officer compensation, indicating efficient use of funds at the executive level.
- No reported liabilities in recent years, suggesting good financial management of debt.
- Actively disbursing funds for charitable purposes.
Frequently Asked Questions about Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger
Is Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger a legitimate charity?
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger (EIN: 207240974) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 70/100. It has 4 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger spend its money?
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger tax-deductible?
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger is registered as a tax-exempt nonprofit (EIN: 207240974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger located?
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger is headquartered in Chicago, Illinois and files with the IRS under EIN 207240974.
How many years of IRS 990 filings does Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger have?
Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Charles E Marks Jr Charitable Trust a good charity?
The trust appears to be fulfilling its charitable purpose by disbursing funds, as evidenced by its consistent expenses. However, its long-term financial sustainability is a concern due to consistent deficit spending, which has reduced its assets from over $22 million to $15 million in four years.
What is the primary purpose of this trust?
Based on the available data, it functions as a grant-making organization, disbursing funds (expenses) without direct program operations or officer compensation. The specific beneficiaries or types of grants are not detailed in the provided summary.
How does the trust manage its administrative costs?
The absence of officer compensation suggests very low administrative costs related to executive salaries. Without a detailed expense breakdown, it's difficult to pinpoint other administrative expenses, but this indicates a lean executive structure.
What is the trend in the trust's assets?
The trust's assets have been consistently declining, from $22,661,819 in 2011 to $15,075,337 in 2014, due to expenses exceeding revenue in each reported period.
Filing History
IRS 990 filing history for Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger's revenue has grown by 192.2%, moving from $1.6M to $4.6M. Total assets decreased by 33.5% over the same period, from $22.7M to $15.1M. Total functional expenses rose by 138.7%, from $2.8M to $6.8M. In its most recent filing year (2014), Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger reported a deficit of $2.2M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $4.6M | $6.8M | $15.1M | $0 | — | View 990 |
| 2013 | $1.6M | $4.8M | $17.2M | $0 | — | View 990 |
| 2012 | $1.7M | $4.0M | $20.4M | $0 | — | View 990 |
| 2011 | $1.6M | $2.8M | $22.7M | $650 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $4.6M, expenses of $6.8M, and assets of $15.1M (revenue +182.3% year-over-year).
- 2013: Revenue of $1.6M, expenses of $4.8M, and assets of $17.2M (revenue -3.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $4.0M, and assets of $20.4M (revenue +7.1% year-over-year).
- 2011: Revenue of $1.6M, expenses of $2.8M, and assets of $22.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger:
Data Sources and Methodology
This transparency report for Charles E Marks Jr Charitable Trust C/O Stanley R Weinberger 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.