Edelweiss Foundation
Edelweiss Foundation shows volatile revenue, consistent 0% officer compensation, and strong asset base.
EIN: 134090193 · Sea Ranch Lks, FL · NTEE: T22 · Updated: 2026-03-28
Is Edelweiss Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edelweiss Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edelweiss Foundation
Edelweiss Foundation (EIN: 134090193) is a nonprofit organization based in Sea Ranch Lks, FL, classified under NTEE code T22. The organization reported total revenue of $4.0M and total assets of $9.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edelweiss Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edelweiss Foundation is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $757K |
| Total Expenses | $394K |
| Surplus / Deficit | +$363K |
| Total Assets | $8.6M |
| Total Liabilities | $30K |
| Net Assets | $8.6M |
| Operating Margin | 47.9% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 261.9 months |
Financial Health Grade: A
In 2023, Edelweiss Foundation reported a surplus of $363K with revenue exceeding expenses, holds 261.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Edelweiss Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +314.1% | +49.8% | +0.9% |
| 2022 | -75.3% | -73.0% | -3.1% |
| 2021 | +200.5% | +102.0% | +3.1% |
| 2020 | -42.1% | -6.1% | -2.6% |
| 2019 | +877.9% | +231.0% | +375.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Edelweiss Foundation with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Edelweiss Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $363K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for minimizing administrative costs relative to the organization's size and asset base.
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 Edelweiss Foundation's IRS 990 filings:
- Highly inconsistent revenue generation year-over-year, making financial planning challenging.
- Multiple years where expenses exceeded revenue (e.g., 2022, 2021, 2020, 2019), indicating reliance on reserves or prior surpluses.
- Significant discrepancy between 'Latest Revenue' ($4,024,217) and the most recent 990 reported revenue ($756,521 for 2023).
Strengths
The following positive indicators were identified for Edelweiss Foundation:
- Consistent reporting of 0% officer compensation, indicating strong commitment to minimizing administrative overhead.
- Substantial asset base ($9,100,684) provides financial stability despite revenue fluctuations.
- Low liabilities in most recent filing ($30,242 in 2023) indicates good debt management.
Frequently Asked Questions about Edelweiss Foundation
Is Edelweiss Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Edelweiss Foundation (EIN: 134090193) some concerns. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
How does Edelweiss Foundation spend its money?
Edelweiss Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edelweiss Foundation tax-deductible?
Edelweiss Foundation is registered as a tax-exempt nonprofit (EIN: 134090193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is there a significant discrepancy between the 'Latest Revenue' of $4,024,217 and the 2023 revenue of $756,521 from the filing history?
The provided data shows a 'Latest Revenue' of $4,024,217, but the most recent IRS 990 filing (Period 202312) indicates revenue of $756,521. This large difference requires clarification to understand the true current financial picture of the organization.
How does the Edelweiss Foundation sustain its operations given the highly fluctuating revenue and periods of expenses exceeding revenue?
The foundation has experienced significant revenue volatility, with expenses exceeding revenue in several years (e.g., 2022, 2021, 2020, 2019). Its substantial asset base ($9,100,684) likely provides a buffer, but the long-term sustainability with such fluctuations warrants examination.
What is the nature of the Edelweiss Foundation's programs, given its NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations)?
Understanding the specific grantmaking activities or philanthropic initiatives undertaken by the foundation would provide insight into how its assets are being utilized to fulfill its mission.
Filing History
IRS 990 filing history for Edelweiss Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edelweiss Foundation's revenue has grown by 534.7%, moving from $119K to $757K. Total assets increased by 341.1% over the same period, from $1.9M to $8.6M. Total functional expenses rose by 33.5%, from $295K to $394K. In its most recent filing year (2023), Edelweiss Foundation reported a surplus of $363K, with revenue exceeding expenses. The organization holds $30K in liabilities against $8.6M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $757K | $394K | $8.6M | $30K | — | View 990 |
| 2022 | $183K | $263K | $8.5M | $313K | — | View 990 |
| 2021 | $738K | $973K | $8.8M | $508K | — | View 990 |
| 2020 | $246K | $482K | $8.5M | $10K | — | View 990 |
| 2019 | $425K | $513K | $8.8M | $4K | — | View 990 |
| 2015 | $43K | $155K | $1.8M | $1 | — | View 990 |
| 2014 | $53K | $154K | $2.0M | $1 | — | View 990 |
| 2013 | $401K | $142K | $2.1M | $1 | — | View 990 |
| 2012 | $71K | $232K | $1.8M | $1 | — | View 990 |
| 2011 | $119K | $295K | $1.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $757K, expenses of $394K, and assets of $8.6M (revenue +314.1% year-over-year).
- 2022: Revenue of $183K, expenses of $263K, and assets of $8.5M (revenue -75.3% year-over-year).
- 2021: Revenue of $738K, expenses of $973K, and assets of $8.8M (revenue +200.5% year-over-year).
- 2020: Revenue of $246K, expenses of $482K, and assets of $8.5M (revenue -42.1% year-over-year).
- 2019: Revenue of $425K, expenses of $513K, and assets of $8.8M (revenue +877.9% year-over-year).
- 2015: Revenue of $43K, expenses of $155K, and assets of $1.8M (revenue -18.6% year-over-year).
- 2014: Revenue of $53K, expenses of $154K, and assets of $2.0M (revenue -86.7% year-over-year).
- 2013: Revenue of $401K, expenses of $142K, and assets of $2.1M (revenue +465.8% year-over-year).
- 2012: Revenue of $71K, expenses of $232K, and assets of $1.8M (revenue -40.5% year-over-year).
- 2011: Revenue of $119K, expenses of $295K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edelweiss Foundation:
Data Sources and Methodology
This transparency report for Edelweiss 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.