Irving Weinstein Foundation Inc
Irving Weinstein Foundation consistently spends more than it earns, drawing down its substantial asset base.
EIN: 136093068 · Bridgewater, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $461K |
| Total Expenses | $457K |
| Program Spending | 80% |
| Net Assets | $5.6M |
| Transparency Score | 65/100 |
Search Intent Cockpit
Irving Weinstein Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Irving Weinstein Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Irving Weinstein Foundation Inc in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $147K and expenses of $457K.
Revenue and Expenses
Irving Weinstein Foundation Inc reported $147K in revenue and $457K in expenses, a deficit of $310K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Irving Weinstein Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $366K (80%) |
Across stored filings, Irving Weinstein Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 9 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Bridgewater, NJ nonprofitsFollow the Money
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Keep the Investigation Moving
Irving Weinstein Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Irving Weinstein Foundation Inc
Irving Weinstein Foundation Inc (EIN: 136093068) is a nonprofit organization based in Bridgewater, NJ. The organization reported total revenue of $461K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irving Weinstein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irving Weinstein Foundation Inc is a small nonprofit that has been operating for 67 years, with 9 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $457K |
| Surplus / Deficit | $-309,669 |
| Total Assets | $5.6M |
| Total Liabilities | $1 |
| Net Assets | $5.6M |
| Operating Margin | -210.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 147.4 months |
Financial Health Grade: B
In 2023, Irving Weinstein Foundation Inc reported a deficit of $310K with expenses exceeding revenue, holds 147.4 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 | -34.7% | +7.1% | -7.3% |
| 2022 | +53.6% | -1.3% | +0.3% |
| 2021 | -70.9% | +1.5% | -4.5% |
| 2020 | +140.8% | +0.6% | +4.9% |
| 2016 | -33.5% | -7.3% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Irving Weinstein Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Irving Weinstein Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $310K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive for resource allocation relative to its 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.
Red Flags
The following concerns were identified during AI analysis of Irving Weinstein Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., $457,155 expenses vs. $147,486 revenue in 202303.
- Declining asset base over time, from $6,818,326 in 201303 to $5,616,637 in 202303, indicating reliance on principal for operations.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, limiting transparency into spending efficiency.
Strengths
The following positive indicators were identified for Irving Weinstein Foundation Inc:
- Substantial asset base ($5,616,637 in 202303) provides financial stability despite operational deficits.
- Extremely low liabilities (consistently $1) indicates a strong balance sheet with minimal debt.
- 0% officer compensation across all reported periods suggests a volunteer-driven or highly efficient leadership structure.
Frequently Asked Questions about Irving Weinstein Foundation Inc
Is Irving Weinstein Foundation Inc a legitimate charity?
Irving Weinstein Foundation Inc (EIN: 136093068) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $461K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Irving Weinstein Foundation Inc spend its money?
Irving Weinstein Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Irving Weinstein Foundation Inc tax-deductible?
Irving Weinstein Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136093068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Irving Weinstein Foundation Inc's spending goes to programs?
Irving Weinstein Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Irving Weinstein Foundation Inc located?
Irving Weinstein Foundation Inc is headquartered in Bridgewater, New Jersey and files with the IRS under EIN 136093068.
How many years of IRS 990 filings does Irving Weinstein Foundation Inc have?
Irving Weinstein Foundation Inc has 9 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 $461K in total revenue.
How does the Irving Weinstein Foundation Inc. sustain its operations given consistent deficits?
The foundation sustains its operations by drawing down its significant asset base, which has declined from $6,818,326 in 201303 to $5,616,637 in 202303, to cover expenses that frequently exceed revenue.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to assess the exact allocation of funds beyond total expenses.
Is the declining asset trend a concern for the foundation's long-term viability?
Yes, the consistent decline in assets, coupled with ongoing operational deficits, is a concern for the foundation's long-term viability if current spending and revenue trends continue without adjustment.
Filing History
IRS 990 filing history for Irving Weinstein Foundation Inc showing financial trends over 9 years of public records:
Total assets decreased by 16.6% over the same period, from $6.7M to $5.6M. Total functional expenses fell by 8%, from $497K to $457K. In its most recent filing year (2023), Irving Weinstein Foundation Inc reported a deficit of $310K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $457K | $5.6M | $1 | — | View 990 |
| 2022 | $226K | $427K | $6.1M | $1 | — | View 990 |
| 2021 | $147K | $432K | $6.0M | $1 | — | View 990 |
| 2020 | $506K | $426K | $6.3M | $1 | — | View 990 |
| 2016 | $210K | $423K | $6.0M | $1 | — | View 990 |
| 2015 | $316K | $457K | $6.2M | $1 | — | View 990 |
| 2014 | $1K | $435K | $6.4M | $1 | — | View 990 |
| 2013 | $431K | $348K | $6.8M | $1 | — | View 990 |
| 2012 | $-169,556 | $497K | $6.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $457K, and assets of $5.6M (revenue -34.7% year-over-year).
- 2022: Revenue of $226K, expenses of $427K, and assets of $6.1M (revenue +53.6% year-over-year).
- 2021: Revenue of $147K, expenses of $432K, and assets of $6.0M (revenue -70.9% year-over-year).
- 2020: Revenue of $506K, expenses of $426K, and assets of $6.3M (revenue +140.8% year-over-year).
- 2016: Revenue of $210K, expenses of $423K, and assets of $6.0M (revenue -33.5% year-over-year).
- 2015: Revenue of $316K, expenses of $457K, and assets of $6.2M (revenue +25207.5% year-over-year).
- 2014: Revenue of $1K, expenses of $435K, and assets of $6.4M (revenue -99.7% year-over-year).
- 2013: Revenue of $431K, expenses of $348K, and assets of $6.8M.
- 2012: Revenue of $-169,556, expenses of $497K, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irving Weinstein Foundation Inc:
Data Sources and Methodology
This transparency report for Irving Weinstein 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.