The Stephen And Suzanne Weiss Foundation Inc
The Stephen And Suzanne Weiss Foundation Inc is steadily depleting its assets, with expenses consistently exceeding revenue over the past decade.
EIN: 133384021 · Greenwich, CT · Updated: 2026-03-28
Is The Stephen And Suzanne Weiss Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Stephen And Suzanne Weiss Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Stephen And Suzanne Weiss Foundation Inc
The Stephen And Suzanne Weiss Foundation Inc (EIN: 133384021) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $169K and total assets of $403K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Stephen And Suzanne Weiss Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Stephen And Suzanne Weiss Foundation Inc is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $98K |
| Surplus / Deficit | $-56,214 |
| Total Assets | $490K |
| Total Liabilities | $1 |
| Net Assets | $490K |
| Operating Margin | -134.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 60.0 months |
Financial Health Grade: B
In 2023, The Stephen And Suzanne Weiss Foundation Inc reported a deficit of $56K with expenses exceeding revenue, holds 60.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Stephen And Suzanne Weiss Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -127.5% | -27.4% | -10.2% |
| 2021 | -12.1% | -74.8% | +0.3% |
| 2020 | +48.5% | +58.8% | -21.8% |
| 2019 | -41.7% | +50.8% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 The Stephen And Suzanne Weiss Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Stephen And Suzanne Weiss 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 $56K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not drawing salaries from the foundation, which is a positive for resource allocation.
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 The Stephen And Suzanne Weiss Foundation Inc's IRS 990 filings:
- Consistent asset depletion over the past decade, from over $1.1M to $402K.
- Expenses frequently exceed revenue, indicating an unsustainable spending model without new significant contributions.
Strengths
The following positive indicators were identified for The Stephen And Suzanne Weiss Foundation Inc:
- Zero officer compensation, indicating efficient use of funds for its charitable purpose.
- Consistent IRS 990 filing history, demonstrating good transparency.
- Maintains a substantial asset base relative to its annual revenue, providing some financial stability despite depletion.
Frequently Asked Questions about The Stephen And Suzanne Weiss Foundation Inc
Is The Stephen And Suzanne Weiss Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Stephen And Suzanne Weiss Foundation Inc (EIN: 133384021) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does The Stephen And Suzanne Weiss Foundation Inc spend its money?
The Stephen And Suzanne Weiss Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Stephen And Suzanne Weiss Foundation Inc tax-deductible?
The Stephen And Suzanne Weiss Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133384021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Stephen And Suzanne Weiss Foundation Inc actively growing its endowment?
No, the foundation's assets have consistently declined from $1,122,215 in 2011 to $402,535 currently, and expenses have frequently exceeded revenue, indicating asset depletion rather than growth.
What is the primary use of the foundation's funds?
While specific program details are not provided in the summary, as a private foundation with no officer compensation, it is highly probable that the majority of its expenses are grants made to other charitable organizations, which constitutes its program spending.
How has the foundation's revenue generation performed recently?
Revenue generation has been inconsistent and often insufficient to cover expenses, including a negative revenue of $-17,513 in 2022 and $41,813 in 2023, which is significantly lower than its expenses.
Filing History
IRS 990 filing history for The Stephen And Suzanne Weiss Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Stephen And Suzanne Weiss Foundation Inc's revenue has grown by 80.9%, moving from $23K to $42K. Total assets decreased by 56.3% over the same period, from $1.1M to $490K. Total functional expenses rose by 10.1%, from $89K to $98K. In its most recent filing year (2023), The Stephen And Suzanne Weiss Foundation Inc reported a deficit of $56K, with expenses exceeding revenue. The organization holds $1 in liabilities against $490K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $490K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $98K | $490K | $1 | — | — |
| 2022 | $-17,513 | $45K | $547K | $1 | — | — |
| 2021 | $64K | $62K | $609K | $1 | — | — |
| 2020 | $72K | $245K | $607K | $1 | — | View 990 |
| 2019 | $49K | $154K | $776K | $0 | — | View 990 |
| 2015 | $83K | $102K | $950K | $0 | — | View 990 |
| 2014 | $91K | $116K | $969K | $0 | — | View 990 |
| 2013 | $63K | $105K | $994K | $0 | — | View 990 |
| 2012 | $36K | $123K | $1.0M | $0 | — | View 990 |
| 2011 | $23K | $89K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $98K, and assets of $490K.
- 2022: Revenue of $-17,513, expenses of $45K, and assets of $547K (revenue -127.5% year-over-year).
- 2021: Revenue of $64K, expenses of $62K, and assets of $609K (revenue -12.1% year-over-year).
- 2020: Revenue of $72K, expenses of $245K, and assets of $607K (revenue +48.5% year-over-year).
- 2019: Revenue of $49K, expenses of $154K, and assets of $776K (revenue -41.7% year-over-year).
- 2015: Revenue of $83K, expenses of $102K, and assets of $950K (revenue -8.0% year-over-year).
- 2014: Revenue of $91K, expenses of $116K, and assets of $969K (revenue +43.1% year-over-year).
- 2013: Revenue of $63K, expenses of $105K, and assets of $994K (revenue +74.7% year-over-year).
- 2012: Revenue of $36K, expenses of $123K, and assets of $1.0M (revenue +57.1% year-over-year).
- 2011: Revenue of $23K, expenses of $89K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Stephen And Suzanne Weiss Foundation Inc:
Data Sources and Methodology
This transparency report for The Stephen And Suzanne Weiss 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.