Fallon Health Weinberg Inc
Fallon Health Weinberg Inc. shows strong asset growth and consistent revenue, with no reported officer compensation.
EIN: 161580245 · Getzville, NY · NTEE: P75 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.8M |
| Total Expenses | $43.2M |
| Program Spending | 85% |
| Net Assets | $20.4M |
| Transparency Score | 85/100 |
Is Fallon Health Weinberg Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fallon Health Weinberg Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fallon Health Weinberg Inc
Fallon Health Weinberg Inc (EIN: 161580245) is a nonprofit organization based in Getzville, NY, classified under NTEE code P75. The organization reported total revenue of $19.8M and total assets of $41.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fallon Health Weinberg Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fallon Health Weinberg Inc is a large nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45.4M |
| Total Expenses | $43.2M |
| Surplus / Deficit | +$2.2M |
| Total Assets | $53.7M |
| Total Liabilities | $33.3M |
| Net Assets | $20.4M |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 62.0% |
| Months of Reserves | 14.9 months |
Financial Health Grade: A
In 2023, Fallon Health Weinberg Inc reported a surplus of $2.2M with revenue exceeding expenses, holds 14.9 months of operating reserves (strong position), has a debt-to-asset ratio of 62.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fallon Health Weinberg Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.6% | +16.1% | +11.8% |
| 2022 | -3.1% | +11.1% | +21.9% |
| 2021 | -24.0% | -17.1% | +18.6% |
| 2020 | -17.5% | -22.9% | +49.5% |
| 2019 | +35.0% | +34.3% | +61.2% |
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 Fallon Health Weinberg Inc with a Mission Score of 85 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, Fallon Health Weinberg Inc 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 $2.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization of this size with revenues often exceeding tens of millions of dollars. This could indicate that executive leadership is entirely volunteer-based or that compensation is categorized differently, warranting further investigation for full transparency.
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 Fallon Health Weinberg Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could obscure leadership costs.
- Lack of detailed functional expense breakdown in summary data, making it difficult to precisely assess program efficiency.
Strengths
The following positive indicators were identified for Fallon Health Weinberg Inc:
- Strong and consistent revenue generation, with significant growth in recent years (e.g., $45,441,224 in 2023).
- Substantial asset growth, from $6,894,495 in 2014 to $53,699,025 in 2023, indicating financial stability and capacity.
- Generally positive net income in most years, demonstrating effective financial management.
- Healthy asset-to-liability ratio, suggesting the ability to meet financial obligations.
Frequently Asked Questions about Fallon Health Weinberg Inc
Is Fallon Health Weinberg Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fallon Health Weinberg Inc (EIN: 161580245) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Fallon Health Weinberg Inc spend its money?
Fallon Health Weinberg Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fallon Health Weinberg Inc tax-deductible?
Fallon Health Weinberg Inc is registered as a tax-exempt nonprofit (EIN: 161580245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fallon Health Weinberg Inc's spending goes to programs?
Fallon Health Weinberg Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fallon Health Weinberg Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fallon Health Weinberg Inc is above average for NTEE category P75 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fallon Health Weinberg Inc located?
Fallon Health Weinberg Inc is headquartered in Getzville, New York and files with the IRS under EIN 161580245. It is classified under NTEE code P75.
How many years of IRS 990 filings does Fallon Health Weinberg Inc have?
Fallon Health Weinberg Inc has 13 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 $19.8M in total revenue.
How does Fallon Health Weinberg Inc. manage to report 0% officer compensation despite its significant revenue and asset base?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this scale. This could mean that executive leadership is entirely volunteer-based, or that compensation for key personnel is reported under other expense categories (e.g., salaries and wages for employees rather than officers), which would require reviewing the full 990 forms for clarification.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. To assess spending efficiency accurately, one would need to examine the full IRS 990 forms, specifically Part IX, Statement of Functional Expenses.
What is the nature of the organization's liabilities, which grew to $33,318,410 in 2023?
The significant increase in liabilities, reaching $33,318,410 in 2023, warrants further investigation. While assets have also grown, understanding the composition of these liabilities (e.g., program-related payables, debt, deferred revenue) is crucial for a complete financial health assessment. This information would be detailed in the full 990 filing.
Filing History
IRS 990 filing history for Fallon Health Weinberg Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fallon Health Weinberg Inc's revenue has grown by 905.7%, moving from $4.5M to $45.4M. Total assets increased by 813.8% over the same period, from $5.9M to $53.7M. Total functional expenses rose by 842%, from $4.6M to $43.2M. In its most recent filing year (2023), Fallon Health Weinberg Inc reported a surplus of $2.2M, with revenue exceeding expenses. The organization holds $33.3M in liabilities against $53.7M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $20.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45.4M | $43.2M | $53.7M | $33.3M | — | — |
| 2022 | $34.8M | $37.2M | $48.0M | $29.9M | — | View 990 |
| 2021 | $35.9M | $33.5M | $39.4M | $18.9M | — | View 990 |
| 2020 | $47.2M | $40.4M | $33.2M | $15.1M | — | View 990 |
| 2019 | $57.3M | $52.3M | $22.2M | $11.0M | — | View 990 |
| 2018 | $42.4M | $39.0M | $13.8M | $7.6M | — | View 990 |
| 2017 | $31.2M | $38.1M | $14.4M | $9.5M | — | View 990 |
| 2016 | $15.3M | $20.8M | $10.2M | $4.7M | — | View 990 |
| 2015 | $6.6M | $8.3M | $8.9M | $1.6M | — | View 990 |
| 2014 | $4.3M | $6.7M | $6.9M | $1.2M | — | View 990 |
| 2013 | $4.2M | $4.7M | $5.3M | $672K | — | View 990 |
| 2012 | $4.1M | $4.3M | $5.5M | $398K | — | View 990 |
| 2011 | $4.5M | $4.6M | $5.9M | $568K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.4M, expenses of $43.2M, and assets of $53.7M (revenue +30.6% year-over-year).
- 2022: Revenue of $34.8M, expenses of $37.2M, and assets of $48.0M (revenue -3.1% year-over-year).
- 2021: Revenue of $35.9M, expenses of $33.5M, and assets of $39.4M (revenue -24.0% year-over-year).
- 2020: Revenue of $47.2M, expenses of $40.4M, and assets of $33.2M (revenue -17.5% year-over-year).
- 2019: Revenue of $57.3M, expenses of $52.3M, and assets of $22.2M (revenue +35.0% year-over-year).
- 2018: Revenue of $42.4M, expenses of $39.0M, and assets of $13.8M (revenue +36.1% year-over-year).
- 2017: Revenue of $31.2M, expenses of $38.1M, and assets of $14.4M (revenue +104.4% year-over-year).
- 2016: Revenue of $15.3M, expenses of $20.8M, and assets of $10.2M (revenue +131.1% year-over-year).
- 2015: Revenue of $6.6M, expenses of $8.3M, and assets of $8.9M (revenue +51.9% year-over-year).
- 2014: Revenue of $4.3M, expenses of $6.7M, and assets of $6.9M (revenue +3.6% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.7M, and assets of $5.3M (revenue +1.2% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.3M, and assets of $5.5M (revenue -8.3% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.6M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fallon Health Weinberg Inc:
Data Sources and Methodology
This transparency report for Fallon Health Weinberg Inc 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.