Peter A And Deborah L Weinberg Family Foundation
Peter A And Deborah L Weinberg Family Foundation exhibits fluctuating revenue and expenses, consistently maintaining low liabilities and no reported officer compensation.
EIN: 133920469 · Albany, NY · NTEE: T90Z · Updated: 2026-03-28
Is Peter A And Deborah L Weinberg Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peter A And Deborah L Weinberg Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peter A And Deborah L Weinberg Family Foundation
Peter A And Deborah L Weinberg Family Foundation (EIN: 133920469) is a nonprofit organization based in Albany, NY, classified under NTEE code T90Z. The organization reported total revenue of $14.0M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter A And Deborah L Weinberg Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Peter A And Deborah L Weinberg Family 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: 95%
- fundraising: 0%
According to IRS 990 filings, Peter A And Deborah L Weinberg Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the foundation, which is highly efficient for an organization of its asset 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.
Strengths
The following positive indicators were identified for Peter A And Deborah L Weinberg Family Foundation:
- Consistently low liabilities ($0 or $1 across all filings), indicating strong financial health.
- No reported officer compensation, maximizing funds available for programmatic activities.
- Substantial asset base (ranging from $7M to $14M) provides financial stability and capacity for grantmaking.
- Clear focus on grantmaking as its primary activity, aligning with its NTEE code and mission.
Frequently Asked Questions about Peter A And Deborah L Weinberg Family Foundation
Is Peter A And Deborah L Weinberg Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter A And Deborah L Weinberg Family Foundation (EIN: 133920469) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Peter A And Deborah L Weinberg Family Foundation spend its money?
Peter A And Deborah L Weinberg Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peter A And Deborah L Weinberg Family Foundation tax-deductible?
Peter A And Deborah L Weinberg Family Foundation is registered as a tax-exempt nonprofit (EIN: 133920469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Peter A And Deborah L Weinberg Family Foundation a good charity?
Based on the available data, the foundation appears to be a well-managed grantmaking entity. It consistently reports no officer compensation, maintains minimal liabilities, and its primary function is to distribute grants, which aligns directly with its mission. The fluctuating revenue and expenses are typical for foundations that rely on investment returns and strategic grant cycles.
How does the foundation manage its finances given the large swings in revenue and expenses?
The foundation appears to manage its finances by drawing on its substantial asset base during periods of lower revenue and higher expenses (e.g., 202407, where expenses were $7.5M against $0.5M revenue) and rebuilding assets during periods of higher revenue and lower expenses (e.g., 202307, where revenue was $8.4M against $2M expenses). This indicates a strategic approach to grantmaking and asset management.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% for officer compensation across all filings, suggesting a volunteer-led executive structure or that executive services are provided pro bono, which significantly reduces administrative overhead.
Filing History
IRS 990 filing history for Peter A And Deborah L Weinberg Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Peter A And Deborah L Weinberg Family Foundation's revenue has declined by 90%, moving from $5.8M to $579K. Total assets increased by 5.9% over the same period, from $10.1M to $10.6M. Total functional expenses rose by 1288%, from $544K to $7.6M. In its most recent filing year (2024), Peter A And Deborah L Weinberg Family Foundation reported a deficit of $7.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $579K | $7.6M | $10.6M | $1 | — | View 990 |
| 2023 | $8.5M | $2.0M | $12.4M | $1 | — | View 990 |
| 2022 | $2.0M | $3.1M | $9.4M | $1 | — | View 990 |
| 2021 | $369K | $2.3M | $10.5M | $1 | — | View 990 |
| 2020 | $456K | $2.9M | $12.4M | $1 | — | View 990 |
| 2019 | $626K | $1.9M | $14.8M | $0 | — | View 990 |
| 2015 | $6.0M | $1.4M | $12.5M | $0 | — | View 990 |
| 2014 | $4.3M | $2.2M | $9.7M | $0 | — | View 990 |
| 2013 | $4.5M | $646K | $9.4M | $0 | — | View 990 |
| 2012 | $173K | $3.2M | $7.0M | $0 | — | View 990 |
| 2011 | $5.8M | $544K | $10.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $579K, expenses of $7.6M, and assets of $10.6M (revenue -93.2% year-over-year).
- 2023: Revenue of $8.5M, expenses of $2.0M, and assets of $12.4M (revenue +333.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $3.1M, and assets of $9.4M (revenue +430.3% year-over-year).
- 2021: Revenue of $369K, expenses of $2.3M, and assets of $10.5M (revenue -18.9% year-over-year).
- 2020: Revenue of $456K, expenses of $2.9M, and assets of $12.4M (revenue -27.2% year-over-year).
- 2019: Revenue of $626K, expenses of $1.9M, and assets of $14.8M (revenue -89.6% year-over-year).
- 2015: Revenue of $6.0M, expenses of $1.4M, and assets of $12.5M (revenue +41.1% year-over-year).
- 2014: Revenue of $4.3M, expenses of $2.2M, and assets of $9.7M (revenue -4.4% year-over-year).
- 2013: Revenue of $4.5M, expenses of $646K, and assets of $9.4M (revenue +2481.2% year-over-year).
- 2012: Revenue of $173K, expenses of $3.2M, and assets of $7.0M (revenue -97.0% year-over-year).
- 2011: Revenue of $5.8M, expenses of $544K, and assets of $10.1M.
Data Sources and Methodology
This transparency report for Peter A And Deborah L Weinberg Family 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.