Helmut And Carmen Weisser Foundation Inc
EIN: 873242099 · New Bern, NC · NTEE: T20
Is Helmut And Carmen Weisser Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Helmut And Carmen Weisser Foundation Inc
Helmut And Carmen Weisser Foundation Inc (EIN: 873242099) is a nonprofit organization based in New Bern, NC, classified under NTEE code T20. The organization reported total revenue of $634K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helmut And Carmen Weisser Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helmut And Carmen Weisser Foundation Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 11452.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $143K |
| Total Expenses | $0 |
| Surplus / Deficit | +$143K |
| Total Assets | $144K |
| Total Liabilities | $1 |
| Net Assets | $144K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2022, Helmut And Carmen Weisser Foundation Inc reported a surplus of $143K with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Helmut And Carmen Weisser Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11452.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +11452.7% | — | +11552.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Helmut And Carmen Weisser Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Helmut And Carmen Weisser Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Helmut And Carmen Weisser Foundation Inc
Is Helmut And Carmen Weisser Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Helmut And Carmen Weisser Foundation Inc (EIN: 873242099) insufficient data. 0 red flags identified, 0 strengths noted.
How does Helmut And Carmen Weisser Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Helmut And Carmen Weisser Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Helmut And Carmen Weisser Foundation Inc tax-deductible?
Helmut And Carmen Weisser Foundation Inc is registered as a tax-exempt nonprofit (EIN: 873242099). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Helmut And Carmen Weisser Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Helmut And Carmen Weisser Foundation Inc's revenue has grown by 11452.7%, moving from $1K to $143K. Total assets increased by 11552.7% over the same period, from $1K to $144K. The organization holds $1 in liabilities against $144K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $143K | $0 | $144K | $1 | — | View 990 |
| 2021 | $1K | $0 | $1K | $1 | — | View 990 |
Data Sources and Methodology
This transparency report for Helmut And Carmen Weisser Foundation 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.