Leon N Weiner Education Foundation
Leon N Weiner Education Foundation consistently reports 0% officer compensation amidst fluctuating revenues and growing assets.
EIN: 202024104 · Wilmington, DE · NTEE: B82 · Updated: 2026-03-28
Is Leon N Weiner Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Leon N Weiner Education Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Leon N Weiner Education Foundation
Leon N Weiner Education Foundation (EIN: 202024104) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B82. The organization reported total revenue of $677K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leon N Weiner Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leon N Weiner Education Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $349K |
| Total Expenses | $398K |
| Surplus / Deficit | $-48,998 |
| Total Assets | $2.5M |
| Total Liabilities | $642K |
| Net Assets | $1.9M |
| Operating Margin | -14.0% |
| Debt-to-Asset Ratio | 25.3% |
| Months of Reserves | 76.3 months |
Financial Health Grade: B
In 2023, Leon N Weiner Education Foundation reported a deficit of $49K with expenses exceeding revenue, holds 76.3 months of operating reserves (strong position), has a debt-to-asset ratio of 25.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Leon N Weiner Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.2% | -9.8% | -3.2% |
| 2022 | +136.4% | +18.5% | +22.1% |
| 2021 | +0.2% | +28.2% | +1.4% |
| 2020 | -31.8% | -29.6% | +3.4% |
| 2019 | +44.0% | +1.7% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Leon N Weiner Education 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Leon N Weiner Education Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.3%.
Executive Compensation Analysis
The Leon N Weiner Education Foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $2.5 million.
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 Leon N Weiner Education Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for Leon N Weiner Education Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Steady growth in assets over the past decade, demonstrating financial stability and effective asset management.
- Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
- NTEE code B82 (Scholarships & Student Financial Aid) directly aligns with an education foundation's mission, suggesting strong program focus.
Frequently Asked Questions about Leon N Weiner Education Foundation
Is Leon N Weiner Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Leon N Weiner Education Foundation (EIN: 202024104) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Leon N Weiner Education Foundation spend its money?
Leon N Weiner Education Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Leon N Weiner Education Foundation tax-deductible?
Leon N Weiner Education Foundation is registered as a tax-exempt nonprofit (EIN: 202024104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Leon N Weiner Education Foundation a good charity?
Based on the provided data, the foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its assets have grown steadily over time, suggesting financial stability and effective management.
How does the foundation manage to operate without officer compensation?
The data indicates that the foundation does not pay officer compensation. This could mean that its leadership is entirely volunteer-based, or that compensation is structured in a way not reported as 'officer compensation' on the 990, though the latter is less likely given the consistent 0% reporting. This practice significantly reduces administrative overhead.
What is the trend in the foundation's financial health?
The foundation's assets have shown a consistent upward trend, growing from $1,714,956 in 2014 to $2,532,745 in 2023. While revenue and expenses fluctuate year-to-year, this asset growth indicates long-term financial stability and capacity.
Filing History
IRS 990 filing history for Leon N Weiner Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Leon N Weiner Education Foundation's revenue has grown by 13.2%, moving from $309K to $349K. Total assets increased by 137.9% over the same period, from $1.1M to $2.5M. Total functional expenses rose by 195.7%, from $135K to $398K. In its most recent filing year (2023), Leon N Weiner Education Foundation reported a deficit of $49K, with expenses exceeding revenue. The organization holds $642K in liabilities against $2.5M in assets (debt-to-asset ratio: 25.3%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $349K | $398K | $2.5M | $642K | — | — |
| 2022 | $924K | $442K | $2.6M | $675K | — | View 990 |
| 2021 | $391K | $373K | $2.1M | $685K | — | View 990 |
| 2020 | $390K | $291K | $2.1M | $674K | — | View 990 |
| 2019 | $572K | $413K | $2.0M | $704K | — | View 990 |
| 2018 | $397K | $406K | $1.8M | $616K | — | View 990 |
| 2017 | $669K | $408K | $1.6M | $379K | — | View 990 |
| 2016 | $376K | $479K | $1.5M | $580K | — | View 990 |
| 2015 | $216K | $320K | $1.6M | $611K | — | View 990 |
| 2014 | $262K | $198K | $1.7M | $579K | — | View 990 |
| 2013 | $383K | $145K | $1.7M | $647K | — | View 990 |
| 2012 | $358K | $171K | $1.5M | $649K | — | View 990 |
| 2011 | $309K | $135K | $1.1M | $418K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $349K, expenses of $398K, and assets of $2.5M (revenue -62.2% year-over-year).
- 2022: Revenue of $924K, expenses of $442K, and assets of $2.6M (revenue +136.4% year-over-year).
- 2021: Revenue of $391K, expenses of $373K, and assets of $2.1M (revenue +0.2% year-over-year).
- 2020: Revenue of $390K, expenses of $291K, and assets of $2.1M (revenue -31.8% year-over-year).
- 2019: Revenue of $572K, expenses of $413K, and assets of $2.0M (revenue +44.0% year-over-year).
- 2018: Revenue of $397K, expenses of $406K, and assets of $1.8M (revenue -40.6% year-over-year).
- 2017: Revenue of $669K, expenses of $408K, and assets of $1.6M (revenue +77.7% year-over-year).
- 2016: Revenue of $376K, expenses of $479K, and assets of $1.5M (revenue +74.4% year-over-year).
- 2015: Revenue of $216K, expenses of $320K, and assets of $1.6M (revenue -17.7% year-over-year).
- 2014: Revenue of $262K, expenses of $198K, and assets of $1.7M (revenue -31.6% year-over-year).
- 2013: Revenue of $383K, expenses of $145K, and assets of $1.7M (revenue +6.9% year-over-year).
- 2012: Revenue of $358K, expenses of $171K, and assets of $1.5M (revenue +16.2% year-over-year).
- 2011: Revenue of $309K, expenses of $135K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leon N Weiner Education Foundation:
Data Sources and Methodology
This transparency report for Leon N Weiner Education 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.