Geweke Foundation
Geweke Foundation reports minimal revenue and expenses for years, with recent significant asset growth.
EIN: 208326419 · Lodi, CA · NTEE: T22 · Updated: 2026-03-28
Is Geweke Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Geweke Foundation
Geweke Foundation (EIN: 208326419) is a nonprofit organization based in Lodi, CA, classified under NTEE code T22. The organization reported total revenue of $3.3M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geweke Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geweke 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 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $505 |
| Surplus / Deficit | $-504 |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | -50400.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 66.3 months |
Financial Health Grade: B
In 2023, Geweke Foundation reported a deficit of $504 with expenses exceeding revenue, holds 66.3 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), Geweke Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +28.5% | -15.3% |
| 2022 | -100.0% | -98.5% | -10.6% |
| 2021 | +1499900.0% | +1540.6% | -75.4% |
| 2020 | +0.0% | -33.3% | -9.7% |
| 2019 | +0.0% | — | +1657200.0% |
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 Geweke Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Geweke Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $504, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is highly unusual for an entity with over $3 million in assets.
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 Geweke Foundation's IRS 990 filings:
- Inconsistent financial reporting with years of $1 revenue and minimal expenses followed by a sudden large asset value.
- Lack of clear programmatic spending given the minimal expense figures for most periods.
- Discrepancy between reported revenue and expenses in several years (e.g., $1 revenue vs. $505 expenses in 2023).
Strengths
The following positive indicators were identified for Geweke Foundation:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership or very low administrative overhead for executive roles.
Frequently Asked Questions about Geweke Foundation
Is Geweke Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Geweke Foundation (EIN: 208326419) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does Geweke Foundation spend its money?
Detailed spending breakdown data is not yet available for Geweke Foundation. Check back for updated IRS 990 analysis.
Are donations to Geweke Foundation tax-deductible?
Geweke Foundation is registered as a tax-exempt nonprofit (EIN: 208326419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the source of the Geweke Foundation's $3,313,237 in latest revenue and $3,315,157 in assets, given its history of reporting only $1 in revenue for most years?
The provided data does not specify the source of this sudden and substantial increase in revenue and assets. Further investigation into the full 990 form for the latest period would be necessary to understand the nature of these funds.
How does the Geweke Foundation incur expenses (e.g., $505 in 2023) with only $1 in reported revenue for multiple years?
This discrepancy suggests that the expenses are likely covered by existing assets, prior year's funds, or other income streams not categorized as 'revenue' in the provided summary. It could also indicate a very low level of operational activity.
What programs or activities does the Geweke Foundation undertake, given its minimal reported expenses for most years?
Based on the consistently low expense figures, it appears the foundation has historically engaged in very limited direct programmatic spending. The NTEE code T22 (Private Grantmaking Foundations) suggests it might primarily make grants, but the expense figures don't reflect significant grantmaking activity in most periods.
Is the Geweke Foundation actively operating, or is it primarily a holding entity for assets?
The historical data with minimal revenue and expenses, contrasted with the recent large asset value, suggests it might function more as an asset holding entity or is in a transitional phase. Active program operations are not evident from the expense trends.
Filing History
IRS 990 filing history for Geweke Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Geweke Foundation's revenue has grown by 0%, moving from $1 to $1. Total assets increased by 279100% over the same period, from $1 to $3K. In its most recent filing year (2023), Geweke Foundation reported a deficit of $504, with expenses exceeding revenue. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $505 | $3K | $1 | — | View 990 |
| 2022 | $1 | $393 | $3K | $1 | — | View 990 |
| 2021 | $15K | $26K | $4K | $1 | — | View 990 |
| 2020 | $1 | $2K | $15K | $1 | — | — |
| 2019 | $1 | $2K | $17K | $1 | — | View 990 |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
| 2014 | $1 | $0 | $1 | $1 | — | View 990 |
| 2013 | $1 | $0 | $1 | $0 | — | View 990 |
| 2012 | $1 | $0 | $1 | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $505, and assets of $3K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $393, and assets of $3K (revenue -100.0% year-over-year).
- 2021: Revenue of $15K, expenses of $26K, and assets of $4K (revenue +1499900.0% year-over-year).
- 2020: Revenue of $1, expenses of $2K, and assets of $15K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $2K, and assets of $17K (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geweke Foundation:
Data Sources and Methodology
This transparency report for Geweke 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.