Harold Weston Foundation
Harold Weston Foundation maintains substantial assets with minimal expenses and no officer compensation.
EIN: 113559712 · Burlington, VT · NTEE: A51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $28K |
| Program Spending | 90% |
| Net Assets | $2.9M |
| Transparency Score | 90/100 |
Is Harold Weston Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harold Weston Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harold Weston Foundation
Harold Weston Foundation (EIN: 113559712) is a nonprofit organization based in Burlington, VT, classified under NTEE code A51. The organization reported total revenue of $16K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harold Weston Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harold Weston Foundation is a micro nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $28K |
| Surplus / Deficit | +$121K |
| Total Assets | $2.9M |
| Total Liabilities | $1 |
| Net Assets | $2.9M |
| Operating Margin | 81.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1250.8 months |
Financial Health Grade: A
In 2023, Harold Weston Foundation reported a surplus of $121K with revenue exceeding expenses, holds 1250.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +152.5% | +277.8% | +8.9% |
| 2022 | +2723.0% | +30.2% | +3.5% |
| 2021 | +4.8% | -21.8% | -0.1% |
| 2020 | -18.5% | -11.4% | -1.2% |
| 2019 | -94.0% | -47.5% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Harold Weston 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Harold Weston Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $121K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not reported 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.
Strengths
The following positive indicators were identified for Harold Weston Foundation:
- Very low liabilities ($1 in recent years), indicating strong financial stability.
- Consistent asset growth, from $2,542,203 in 2011 to $2,922,936 in 2023.
- Extremely low operational expenses relative to assets and revenue, demonstrating high efficiency (e.g., $28,042 expenses vs. $148,738 revenue in 2023).
- 0% officer compensation reported across all filings, indicating a volunteer-driven leadership or highly cost-effective governance.
- Strong program spending ratio, as most expenses would likely be direct program support or grants given the low overhead.
Frequently Asked Questions about Harold Weston Foundation
Is Harold Weston Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Harold Weston Foundation (EIN: 113559712) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Harold Weston Foundation spend its money?
Harold Weston Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harold Weston Foundation tax-deductible?
Harold Weston Foundation is registered as a tax-exempt nonprofit (EIN: 113559712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Harold Weston Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Harold Weston Foundation is above average for NTEE category A51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harold Weston Foundation located?
Harold Weston Foundation is headquartered in Burlington, Vermont and files with the IRS under EIN 113559712. It is classified under NTEE code A51.
How many years of IRS 990 filings does Harold Weston Foundation have?
Harold Weston 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 $16K in total revenue.
What are the specific programs or grants the Harold Weston Foundation supports?
The provided data does not detail specific programs or grants. The NTEE code A51 (Arts & Culture) suggests its focus, but further investigation into their public disclosures or website would be needed to understand their programmatic activities.
How does the foundation generate its revenue?
Revenue fluctuates significantly, from a low of $2,087 in 2021 to $148,738 in 2023. Given the substantial assets, it is likely generated primarily through investment income, contributions, or a combination thereof, rather than program service fees.
Is the Harold Weston Foundation primarily an endowment or a direct service provider?
With assets consistently over $2.5 million and very low expenses (e.g., $28,042 in 2023), the foundation appears to function more as an endowment or grant-making entity rather than a direct service provider with significant operational costs.
Filing History
IRS 990 filing history for Harold Weston Foundation showing financial trends over 10 years of public records:
Total assets increased by 15% over the same period, from $2.5M to $2.9M. Total functional expenses rose by 594.6%, from $4K to $28K. In its most recent filing year (2023), Harold Weston Foundation reported a surplus of $121K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $28K | $2.9M | $1 | — | View 990 |
| 2022 | $59K | $7K | $2.7M | $1 | — | View 990 |
| 2021 | $2K | $6K | $2.6M | $1 | — | View 990 |
| 2020 | $2K | $7K | $2.6M | $1 | — | View 990 |
| 2019 | $2K | $8K | $2.6M | $0 | — | View 990 |
| 2015 | $41K | $16K | $2.6M | $0 | — | View 990 |
| 2014 | $7K | $12K | $2.6M | $0 | — | View 990 |
| 2013 | $4K | $5K | $2.6M | $0 | — | View 990 |
| 2012 | $84K | $3K | $2.6M | $0 | — | View 990 |
| 2011 | $-24 | $4K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $28K, and assets of $2.9M (revenue +152.5% year-over-year).
- 2022: Revenue of $59K, expenses of $7K, and assets of $2.7M (revenue +2723.0% year-over-year).
- 2021: Revenue of $2K, expenses of $6K, and assets of $2.6M (revenue +4.8% year-over-year).
- 2020: Revenue of $2K, expenses of $7K, and assets of $2.6M (revenue -18.5% year-over-year).
- 2019: Revenue of $2K, expenses of $8K, and assets of $2.6M (revenue -94.0% year-over-year).
- 2015: Revenue of $41K, expenses of $16K, and assets of $2.6M (revenue +520.5% year-over-year).
- 2014: Revenue of $7K, expenses of $12K, and assets of $2.6M (revenue +60.9% year-over-year).
- 2013: Revenue of $4K, expenses of $5K, and assets of $2.6M (revenue -95.1% year-over-year).
- 2012: Revenue of $84K, expenses of $3K, and assets of $2.6M.
- 2011: Revenue of $-24, expenses of $4K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harold Weston Foundation:
Data Sources and Methodology
This transparency report for Harold Weston 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.