The Winifred Masterson Burke Foundation Inc
The Winifred Masterson Burke Foundation maintains substantial assets with no reported officer compensation, despite fluctuating annual revenues and occasional deficits.
EIN: 133434928 · White Plains, NY · NTEE: E120 · Updated: 2026-03-28
Is The Winifred Masterson Burke 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 Winifred Masterson Burke Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Winifred Masterson Burke Foundation Inc
The Winifred Masterson Burke Foundation Inc (EIN: 133434928) is a nonprofit organization based in White Plains, NY, classified under NTEE code E120. The organization reported total revenue of $21.3M and total assets of $112.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Winifred Masterson Burke Foundation Inc'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 The Winifred Masterson Burke Foundation Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Winifred Masterson Burke Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 received compensation from the organization. This is highly favorable, suggesting all operational funds are directed towards the foundation's mission rather than executive salaries.
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 Winifred Masterson Burke Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202312) by over $2 million, leading to a deficit for that period.
Strengths
The following positive indicators were identified for The Winifred Masterson Burke Foundation Inc:
- Consistently reports 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Maintains a substantial and growing asset base, exceeding $100 million in recent years, providing long-term stability.
- Consistent filing of IRS Form 990s over 13 periods demonstrates strong transparency and compliance.
- Healthy asset-to-liability ratio, with liabilities consistently very low compared to total assets.
Frequently Asked Questions about The Winifred Masterson Burke Foundation Inc
Is The Winifred Masterson Burke Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Winifred Masterson Burke Foundation Inc (EIN: 133434928) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does The Winifred Masterson Burke Foundation Inc spend its money?
The Winifred Masterson Burke Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Winifred Masterson Burke Foundation Inc tax-deductible?
The Winifred Masterson Burke Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133434928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Winifred Masterson Burke Foundation Inc a good charity?
Based on the available data, the foundation appears to be a very good charity. It maintains a substantial asset base (over $100 million in recent years), consistently files its IRS 990s, and most notably, reports 0% officer compensation across all filings, indicating high efficiency in directing funds to its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has been generally strong and stable, with assets consistently above $85 million. While annual revenues and expenses fluctuate, the organization has maintained a robust asset base, peaking at $118 million in 2021. The most recent period (202312) showed expenses exceeding revenue, but this is not necessarily a long-term concern given the overall asset strength.
What is the trend in the foundation's assets?
The foundation's assets have shown a general upward trend over the past decade, growing from $85,587,938 in 2018 to $104,472,906 in 2023, with a peak of $118,441,926 in 2021. This indicates strong financial management and growth in its endowment or investment portfolio.
Filing History
IRS 990 filing history for The Winifred Masterson Burke Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Winifred Masterson Burke Foundation Inc's revenue has grown by 10.8%, moving from $2.8M to $3.1M. Total assets increased by 17.8% over the same period, from $88.7M to $104.5M. Total functional expenses fell by 23.6%, from $6.7M to $5.1M. In its most recent filing year (2023), The Winifred Masterson Burke Foundation Inc reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $225K in liabilities against $104.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $104.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $5.1M | $104.5M | $225K | — | — |
| 2022 | $8.1M | $5.0M | $93.5M | $196K | — | — |
| 2021 | $10.3M | $4.9M | $118.4M | $204K | — | — |
| 2020 | $4.4M | $4.5M | $108.6M | $177K | — | View 990 |
| 2019 | $6.2M | $4.6M | $96.7M | $162K | — | View 990 |
| 2018 | $4.3M | $4.7M | $85.6M | $224K | — | View 990 |
| 2017 | $6.5M | $3.8M | $95.9M | $127K | — | View 990 |
| 2016 | $8.1M | $5.0M | $86.5M | $540K | — | View 990 |
| 2015 | $3.8M | $5.8M | $87.0M | $745K | — | View 990 |
| 2014 | $5.1M | $5.5M | $96.9M | $184K | — | View 990 |
| 2013 | $7.5M | $6.5M | $101.0M | $619K | — | View 990 |
| 2012 | $7.6M | $5.6M | $91.6M | $26K | — | View 990 |
| 2011 | $2.8M | $6.7M | $88.7M | $628K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $5.1M, and assets of $104.5M (revenue -62.2% year-over-year).
- 2022: Revenue of $8.1M, expenses of $5.0M, and assets of $93.5M (revenue -21.3% year-over-year).
- 2021: Revenue of $10.3M, expenses of $4.9M, and assets of $118.4M (revenue +132.9% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.5M, and assets of $108.6M (revenue -29.1% year-over-year).
- 2019: Revenue of $6.2M, expenses of $4.6M, and assets of $96.7M (revenue +43.9% year-over-year).
- 2018: Revenue of $4.3M, expenses of $4.7M, and assets of $85.6M (revenue -33.6% year-over-year).
- 2017: Revenue of $6.5M, expenses of $3.8M, and assets of $95.9M (revenue -19.4% year-over-year).
- 2016: Revenue of $8.1M, expenses of $5.0M, and assets of $86.5M (revenue +115.2% year-over-year).
- 2015: Revenue of $3.8M, expenses of $5.8M, and assets of $87.0M (revenue -27.0% year-over-year).
- 2014: Revenue of $5.1M, expenses of $5.5M, and assets of $96.9M (revenue -31.7% year-over-year).
- 2013: Revenue of $7.5M, expenses of $6.5M, and assets of $101.0M (revenue -0.5% year-over-year).
- 2012: Revenue of $7.6M, expenses of $5.6M, and assets of $91.6M (revenue +173.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $6.7M, and assets of $88.7M.
Data Sources and Methodology
This transparency report for The Winifred Masterson Burke 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.