Jane D Weiss Family Foundation Inc
Jane D Weiss Family Foundation consistently spends more than it earns, drawing down assets for grantmaking.
EIN: 134001066 · Guilford, CT · NTEE: T90Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $39K |
| Program Spending | 90% |
| Net Assets | $473K |
| Transparency Score | 85/100 |
Is Jane D Weiss Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jane D Weiss Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jane D Weiss Family Foundation Inc
Jane D Weiss Family Foundation Inc (EIN: 134001066) is a nonprofit organization based in Guilford, CT, classified under NTEE code T90Z. The organization reported total revenue of $101K and total assets of $529K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jane D Weiss Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jane D Weiss Family Foundation Inc is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $39K |
| Surplus / Deficit | $-9,190 |
| Total Assets | $560K |
| Total Liabilities | $87K |
| Net Assets | $473K |
| Operating Margin | -30.9% |
| Debt-to-Asset Ratio | 15.5% |
| Months of Reserves | 172.5 months |
Financial Health Grade: B
In 2023, Jane D Weiss Family Foundation Inc reported a deficit of $9K with expenses exceeding revenue, holds 172.5 months of operating reserves (strong position), has a debt-to-asset ratio of 15.5% (very low leverage).
Financial Trends
Over 10 years of filings (2009–2023), Jane D Weiss Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.6% | -28.0% | -1.2% |
| 2022 | +73.2% | +5.7% | +13.3% |
| 2020 | -38.7% | +27.8% | -26.2% |
| 2019 | +95.7% | +53.4% | +57.1% |
| 2015 | -3.7% | -5.6% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Jane D Weiss Family Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Jane D Weiss Family Foundation Inc 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 deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the foundation's mission.
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 Jane D Weiss Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most years (e.g., $38,936 expenses vs. $29,746 revenue in 2023), leading to asset depletion.
- Significant increase in liabilities in 2023 to $86,613, which is a notable change from previous years of very low or zero liabilities.
Strengths
The following positive indicators were identified for Jane D Weiss Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in executive overhead.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance and transparency.
- Stable asset base over the long term, despite consistent deficit spending, suggesting careful management of its endowment.
Frequently Asked Questions about Jane D Weiss Family Foundation Inc
Is Jane D Weiss Family Foundation Inc a legitimate charity?
Jane D Weiss Family Foundation Inc (EIN: 134001066) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $101K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jane D Weiss Family Foundation Inc spend its money?
Jane D Weiss Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jane D Weiss Family Foundation Inc tax-deductible?
Jane D Weiss Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134001066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jane D Weiss Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jane D Weiss Family Foundation Inc is above average for NTEE category T90Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jane D Weiss Family Foundation Inc located?
Jane D Weiss Family Foundation Inc is headquartered in Guilford, Connecticut and files with the IRS under EIN 134001066. It is classified under NTEE code T90Z.
How many years of IRS 990 filings does Jane D Weiss Family Foundation Inc have?
Jane D Weiss Family Foundation Inc 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 $101K in total revenue.
Is the Jane D Weiss Family Foundation Inc. financially sustainable given its consistent deficit spending?
The foundation consistently spends more than its annual revenue, as seen in 2023 ($29,746 revenue vs. $38,936 expenses). This indicates it is drawing down its assets, which have decreased from $698,068 in 2009 to $559,813 in 2023. While this is a common strategy for private foundations, long-term sustainability depends on the rate of asset depletion relative to investment returns and future contributions.
What caused the significant increase in liabilities in 2023?
In 2023, liabilities increased to $86,613 from $70,212 in 2022 and much lower or zero in prior years. The specific nature of these liabilities (e.g., grants payable, accounts payable) is not detailed in the provided summary data and would require reviewing the full 990 filing for that period.
How does the foundation ensure its grantmaking is effective without officer compensation?
The foundation reports 0% officer compensation, suggesting that its operations, including grantmaking decisions and oversight, are likely managed by volunteers or through minimal contracted services. The effectiveness of its grantmaking would depend on the expertise and dedication of these individuals or external partners.
Filing History
IRS 990 filing history for Jane D Weiss Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2009–2023), Jane D Weiss Family Foundation Inc's revenue has grown by 16.4%, moving from $26K to $30K. Total assets decreased by 19.8% over the same period, from $698K to $560K. Total functional expenses rose by 48%, from $26K to $39K. In its most recent filing year (2023), Jane D Weiss Family Foundation Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $87K in liabilities against $560K in assets (debt-to-asset ratio: 15.5%), resulting in net assets of $473K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $39K | $560K | $87K | — | — |
| 2022 | $38K | $54K | $567K | $70K | — | View 990 |
| 2020 | $22K | $51K | $500K | $1 | — | View 990 |
| 2019 | $36K | $40K | $677K | $0 | — | View 990 |
| 2015 | $18K | $26K | $431K | $0 | — | View 990 |
| 2014 | $19K | $28K | $404K | $0 | — | View 990 |
| 2013 | $17K | $28K | $439K | $1 | — | View 990 |
| 2012 | $10K | $22K | $431K | $0 | — | View 990 |
| 2011 | $13K | $20K | $444K | $0 | — | View 990 |
| 2009 | $26K | $26K | $698K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $39K, and assets of $560K (revenue -21.6% year-over-year).
- 2022: Revenue of $38K, expenses of $54K, and assets of $567K (revenue +73.2% year-over-year).
- 2020: Revenue of $22K, expenses of $51K, and assets of $500K (revenue -38.7% year-over-year).
- 2019: Revenue of $36K, expenses of $40K, and assets of $677K (revenue +95.7% year-over-year).
- 2015: Revenue of $18K, expenses of $26K, and assets of $431K (revenue -3.7% year-over-year).
- 2014: Revenue of $19K, expenses of $28K, and assets of $404K (revenue +12.6% year-over-year).
- 2013: Revenue of $17K, expenses of $28K, and assets of $439K (revenue +67.4% year-over-year).
- 2012: Revenue of $10K, expenses of $22K, and assets of $431K (revenue -23.4% year-over-year).
- 2011: Revenue of $13K, expenses of $20K, and assets of $444K (revenue -48.6% year-over-year).
- 2009: Revenue of $26K, expenses of $26K, and assets of $698K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jane D Weiss Family Foundation Inc:
Data Sources and Methodology
This transparency report for Jane D Weiss Family 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.