Rosalie J Coe Weir Foundation

Rosalie J Coe Weir Foundation maintains substantial assets despite volatile annual revenues and occasional expense overruns.

EIN: 133402438 · Allendale, NJ · Updated: 2026-03-28

$6.1MRevenue

$13.1MAssets

75/100Mission Score (Good)

About Rosalie J Coe Weir Foundation

Rosalie J Coe Weir Foundation (EIN: 133402438) is a nonprofit organization based in Allendale, NJ. The organization reported total revenue of $6.1M and total assets of $13.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rosalie J Coe Weir Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Rosalie J Coe Weir Foundation appears to be a private foundation, given its consistent low liabilities and the nature of its revenue and expense patterns. Its financial health, as indicated by its assets, is robust, with assets consistently in the multi-million dollar range, peaking at $14.6 million in 2021 and currently standing at $13.08 million. However, the foundation exhibits significant volatility in its annual revenue, ranging from a low of $17,988 in 2022 to a high of $7,065,000 in 2019. This fluctuation is typical for foundations that rely on investment returns or large, infrequent donations.

Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the foundation consistently reports 0% officer compensation, which is a positive indicator for minimizing administrative overhead related to executive pay. The foundation's expenses have generally been well below its revenue in most years, allowing for asset growth, though in 2023 and 2022, expenses ($922,064 and $726,454 respectively) significantly exceeded revenue ($280,244 and $17,988), suggesting a reliance on endowment drawdowns or prior year surpluses. Transparency is generally good through its consistent 990 filings, but the lack of NTEE code and detailed expense categories limits a deeper analysis of its programmatic focus and efficiency.

The foundation's financial strategy seems to involve maintaining a substantial asset base to support its grant-making activities, with annual expenses fluctuating based on its operational needs and investment performance. The significant increase in assets from $18,731 in 2015 to over $6 million by 2019, and then to over $13 million by 2020, indicates substantial capital growth, likely from large contributions or strong investment returns. The consistent $1 liability suggests a very stable financial position with minimal debt.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rosalie J Coe Weir Foundation with a Mission Score of 75 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, Rosalie J Coe Weir Foundation 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.

Executive Compensation Analysis

The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for minimizing administrative costs.

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 Rosalie J Coe Weir Foundation's IRS 990 filings:

Significant expense overruns compared to revenue in recent years (2022, 2023), indicating reliance on asset drawdowns.
Lack of detailed NTEE code or program expense breakdown makes it difficult to assess programmatic impact and efficiency.

Strengths

The following positive indicators were identified for Rosalie J Coe Weir Foundation:

Consistently reports 0% officer compensation, indicating very low executive overhead.
Maintains a substantial asset base (over $13 million) providing long-term financial stability.
Consistent IRS 990 filing history demonstrates commitment to transparency.
Minimal liabilities ($1) indicate a very strong balance sheet and no significant debt.

Frequently Asked Questions about Rosalie J Coe Weir Foundation

What are the specific program activities funded by the Rosalie J Coe Weir Foundation?

The provided data does not specify the NTEE code or detailed program service expenses, making it difficult to determine the specific program activities or beneficiaries of the foundation's grants.

Why did expenses significantly exceed revenue in 2022 and 2023?

In 2022, expenses were $726,454 against revenue of $17,988, and in 2023, expenses were $922,064 against revenue of $280,244. This suggests the foundation likely drew down from its substantial asset base or relied on accumulated surpluses to fund its operations and grants during these periods.

How does the foundation manage its investments to generate such varied revenue?

The significant fluctuations in annual revenue, from $17,988 to over $7 million, suggest that a substantial portion of its revenue may come from investment gains, which can be highly volatile year-to-year, or from large, infrequent contributions.

Filing History

IRS 990 filing history for Rosalie J Coe Weir Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Rosalie J Coe Weir Foundation's revenue has grown by 9.2%, moving from $257K to $280K. Total assets increased by 30511.9% over the same period, from $43K to $13.3M. Total functional expenses rose by 297.9%, from $232K to $922K. In its most recent filing year (2023), Rosalie J Coe Weir Foundation reported a deficit of $642K, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$280K	$922K	$13.3M	$1	—	—
2022	$18K	$726K	$13.9M	$1	—	View 990
2021	$2.3M	$631K	$14.6M	$1	—	View 990
2020	$6.4M	$278K	$13.0M	$1	—	—
2019	$7.1M	$183K	$6.9M	$1	—	View 990
2015	$202K	$219K	$19K	$1	—	View 990
2014	$220K	$219K	$18K	$1	—	View 990
2013	$207K	$213K	$16K	$1	—	View 990
2012	$222K	$243K	$22K	$1	—	View 990
2011	$257K	$232K	$43K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $280K, expenses of $922K, and assets of $13.3M (revenue +1457.9% year-over-year).
2022: Revenue of $18K, expenses of $726K, and assets of $13.9M (revenue -99.2% year-over-year).
2021: Revenue of $2.3M, expenses of $631K, and assets of $14.6M (revenue -63.7% year-over-year).
2020: Revenue of $6.4M, expenses of $278K, and assets of $13.0M (revenue -10.1% year-over-year).
2019: Revenue of $7.1M, expenses of $183K, and assets of $6.9M (revenue +3390.8% year-over-year).
2015: Revenue of $202K, expenses of $219K, and assets of $19K (revenue -8.1% year-over-year).
2014: Revenue of $220K, expenses of $219K, and assets of $18K (revenue +6.2% year-over-year).
2013: Revenue of $207K, expenses of $213K, and assets of $16K (revenue -6.7% year-over-year).
2012: Revenue of $222K, expenses of $243K, and assets of $22K (revenue -13.4% year-over-year).
2011: Revenue of $257K, expenses of $232K, and assets of $43K.

Data Sources and Methodology

This transparency report for Rosalie J Coe Weir 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.