Murray And Florence Dweck Family Foundation Inc
Dweck Family Foundation: Declining Revenue, High Administrative Costs
EIN: 222796727 · Edison, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $510K |
| Total Expenses | $363K |
| Program Spending | 83% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $3.0M |
| Transparency Score | 65/100 |
Is Murray And Florence Dweck 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 →
Murray And Florence Dweck Family Foundation Inc directs 83% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Murray And Florence Dweck Family Foundation Inc
Murray And Florence Dweck Family Foundation Inc (EIN: 222796727) is a nonprofit organization based in Edison, NJ. The organization reported total revenue of $510K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Murray And Florence Dweck Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Murray And Florence Dweck Family Foundation Inc is a small nonprofit that has been operating for 38 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $302K |
| Total Expenses | $363K |
| Surplus / Deficit | $-61,532 |
| Total Assets | $3.1M |
| Total Liabilities | $60K |
| Net Assets | $3.0M |
| Operating Margin | -20.4% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 101.9 months |
Financial Health Grade: B
In 2023, Murray And Florence Dweck Family Foundation Inc reported a deficit of $62K with expenses exceeding revenue, holds 101.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Murray And Florence Dweck Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.2% | +105.4% | +-0.0% |
| 2022 | +202.9% | -42.2% | +109.7% |
| 2021 | +115.5% | +59.5% | +24.2% |
| 2020 | -10.2% | -11.7% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Murray And Florence Dweck Family 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: 17%
- programs: 83%
- fundraising: 0%
According to IRS 990 filings, Murray And Florence Dweck Family Foundation Inc allocates its expenses as follows: admin: 17%, programs: 83%, fundraising: 0%. With 83% 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating a volunteer-led or unpaid leadership structure.
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 Murray And Florence Dweck Family Foundation Inc's IRS 990 filings:
- Revenue has significantly declined from $1,794,529 in 2022 to $510,369 in 2023.
- Administrative expenses of $363,046 in 2023 represent a substantial portion of the total expenses, especially given the declining revenue.
- The foundation's assets have decreased from $3,084,836 in 2022 to $2,616,612 in 2023.
Strengths
The following positive indicators were identified for Murray And Florence Dweck Family Foundation Inc:
- Consistent reporting of $0 for executive compensation suggests a commitment to minimizing overhead in this area.
- The foundation maintains a significant asset base of over $2.6 million, providing a buffer for future operations.
- Historically, the foundation has shown periods of strong revenue generation, such as $1,794,529 in 2022.
Frequently Asked Questions about Murray And Florence Dweck Family Foundation Inc
Is Murray And Florence Dweck Family Foundation Inc a legitimate charity?
Murray And Florence Dweck Family Foundation Inc (EIN: 222796727) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $510K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Murray And Florence Dweck Family Foundation Inc spend its money?
Murray And Florence Dweck Family Foundation Inc directs 83% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Murray And Florence Dweck Family Foundation Inc tax-deductible?
Murray And Florence Dweck Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222796727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Murray And Florence Dweck Family Foundation Inc CEO make?
Murray And Florence Dweck Family Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $510K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Murray And Florence Dweck Family Foundation Inc located?
Murray And Florence Dweck Family Foundation Inc is headquartered in Edison, New Jersey and files with the IRS under EIN 222796727.
How many years of IRS 990 filings does Murray And Florence Dweck Family Foundation Inc have?
Murray And Florence Dweck Family Foundation Inc has 11 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 $510K in total revenue.
What does Murray And Florence Dweck Family Foundation Inc do?
Murray And Florence Dweck Family Foundation Inc is a nonprofit organization in the Unknown sector, located in Edison, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Murray And Florence Dweck Family Foundation Inc have?
Murray And Florence Dweck Family Foundation Inc reported total revenue of $510,369. Based on 11 IRS 990 filings on record.
What are Murray And Florence Dweck Family Foundation Inc's total assets?
Murray And Florence Dweck Family Foundation Inc holds total assets of $2,616,612 as reported in IRS 990 filings.
Where is Murray And Florence Dweck Family Foundation Inc located?
Murray And Florence Dweck Family Foundation Inc is based in Edison, New Jersey.
What is Murray And Florence Dweck Family Foundation Inc's EIN?
Murray And Florence Dweck Family Foundation Inc's Employer Identification Number (EIN) is 222796727. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Murray And Florence Dweck Family Foundation Inc?
Murray And Florence Dweck Family Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Murray And Florence Dweck Family Foundation Inc a registered 501(c)(3)?
Murray And Florence Dweck Family Foundation Inc appears in IRS records (EIN: 222796727). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Murray And Florence Dweck Family Foundation Inc file IRS Form 990?
Yes, Murray And Florence Dweck Family Foundation Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Murray And Florence Dweck Family Foundation Inc's revenue in 2023?
In the 202306 filing period, Murray And Florence Dweck Family Foundation Inc reported total revenue of $301,514, total expenses of $363,046, and net assets of $3,083,304.
Is Murray And Florence Dweck Family Foundation Inc's revenue growing or declining?
Murray And Florence Dweck Family Foundation Inc's revenue is declining. Revenue went from $1,794,529 (202206) to $301,514 (202306), a -83.2% change. Based on 11 filings on record.
What is Murray And Florence Dweck Family Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Murray And Florence Dweck Family Foundation Inc covers tax period 202306. It shows revenue of $301,514, expenses of $363,046, total assets of $3,083,304, and liabilities of $60,000.
How much does Murray And Florence Dweck Family Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Murray And Florence Dweck Family Foundation Inc allocates approximately 83% of expenses to program services, 17% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Murray And Florence Dweck Family Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Murray And Florence Dweck Family Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Murray And Florence Dweck Family Foundation Inc?
The following concerns were identified: Revenue has significantly declined from $1,794,529 in 2022 to $510,369 in 2023.. Administrative expenses of $363,046 in 2023 represent a substantial portion of the total expenses, especially given the declining revenue.. The foundation's assets have decreased from $3,084,836 in 2022 to $2,616,612 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Murray And Florence Dweck Family Foundation Inc's strengths?
Positive indicators for Murray And Florence Dweck Family Foundation Inc include: Consistent reporting of $0 for executive compensation suggests a commitment to minimizing overhead in this area.. The foundation maintains a significant asset base of over $2.6 million, providing a buffer for future operations.. Historically, the foundation has shown periods of strong revenue generation, such as $1,794,529 in 2022.. These findings are derived from AI analysis of the organization's financial filings.
How does Murray And Florence Dweck Family Foundation Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating a volunteer-led or unpaid leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Murray And Florence Dweck Family Foundation Inc?
- The foundation's 990-PF filings are publicly accessible via their EIN. - Financial data is consistently reported across years, showing revenue, expenses, and assets. - No specific transparency report or detailed program descriptions are readily available beyond the tax filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What is the primary cause for the sharp decline in revenue from $1,794,529 in 2022 to $510,369 in 2023, and how does the foundation plan to address this trend?
The filings do not specify the exact reasons for the revenue fluctuation. It could be due to fewer or smaller donations, investment performance, or changes in funding strategies. Addressing this would likely involve new fundraising initiatives or a re-evaluation of investment portfolios.
Given the administrative expenses of $363,046 in 2023, what specific activities or overhead costs contribute to this figure, especially when executive compensation is $0?
Without more detailed breakdowns, administrative expenses could include legal and accounting fees, office rent, utilities, professional services, or other operational costs necessary to maintain the foundation's legal and financial standing. The absence of executive compensation suggests these costs are not related to salaries for top leadership.
Filing History
IRS 990 filing history for Murray And Florence Dweck Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Murray And Florence Dweck Family Foundation Inc's revenue has grown by 283%, moving from $79K to $302K. Total assets increased by 129.2% over the same period, from $1.3M to $3.1M. Total functional expenses rose by 262.2%, from $100K to $363K. In its most recent filing year (2023), Murray And Florence Dweck Family Foundation Inc reported a deficit of $62K, with expenses exceeding revenue. The organization holds $60K in liabilities against $3.1M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $363K | $3.1M | $60K | — | View 990 |
| 2022 | $1.8M | $177K | $3.1M | $1 | — | View 990 |
| 2021 | $592K | $306K | $1.5M | $1 | — | View 990 |
| 2020 | $275K | $192K | $1.2M | $1 | — | View 990 |
| 2019 | $306K | $217K | $1.1M | $1 | — | View 990 |
| 2016 | $-101,277 | $136K | $927K | $1 | — | View 990 |
| 2015 | $89K | $144K | $1.2M | $1 | — | View 990 |
| 2014 | $188K | $138K | $1.2M | $1 | — | View 990 |
| 2013 | $161K | $163K | $1.2M | $0 | — | View 990 |
| 2012 | $-3,546 | $98K | $1.2M | $79K | — | View 990 |
| 2011 | $79K | $100K | $1.3M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $363K, and assets of $3.1M (revenue -83.2% year-over-year).
- 2022: Revenue of $1.8M, expenses of $177K, and assets of $3.1M (revenue +202.9% year-over-year).
- 2021: Revenue of $592K, expenses of $306K, and assets of $1.5M (revenue +115.5% year-over-year).
- 2020: Revenue of $275K, expenses of $192K, and assets of $1.2M (revenue -10.2% year-over-year).
- 2019: Revenue of $306K, expenses of $217K, and assets of $1.1M.
- 2016: Revenue of $-101,277, expenses of $136K, and assets of $927K (revenue -213.2% year-over-year).
- 2015: Revenue of $89K, expenses of $144K, and assets of $1.2M (revenue -52.4% year-over-year).
- 2014: Revenue of $188K, expenses of $138K, and assets of $1.2M (revenue +17.1% year-over-year).
- 2013: Revenue of $161K, expenses of $163K, and assets of $1.2M.
- 2012: Revenue of $-3,546, expenses of $98K, and assets of $1.2M (revenue -104.5% year-over-year).
- 2011: Revenue of $79K, expenses of $100K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Murray And Florence Dweck Family Foundation Inc:
Data Sources and Methodology
This transparency report for Murray And Florence Dweck 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.