Weezie Foundation
Weezie Foundation consistently spends more than it earns in recent years, drawing on substantial assets.
EIN: 136090903 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| Net Assets | $24.8M |
| Transparency Score | 85/100 |
Is Weezie Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weezie Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weezie Foundation
Weezie Foundation (EIN: 136090903) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $7.7M and total assets of $24.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weezie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weezie Foundation is a mid-size nonprofit that has been operating for 63 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $816K |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-790,080 |
| Total Assets | $24.8M |
| Total Liabilities | $1 |
| Net Assets | $24.8M |
| Operating Margin | -96.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 185.5 months |
Financial Health Grade: B
In 2023, Weezie Foundation reported a deficit of $790K with expenses exceeding revenue, holds 185.5 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), Weezie Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | -12.3% | -3.1% |
| 2022 | -74.4% | +23.6% | -3.3% |
| 2021 | +170.8% | +2.4% | +8.5% |
| 2020 | -28.0% | -6.6% | -0.6% |
| 2019 | +60.5% | +40.5% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Weezie Foundation with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Weezie 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $790K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly efficient and directs more funds towards the mission.
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 Weezie Foundation's IRS 990 filings:
- Expenses significantly exceeded revenue in the last two reported periods (2023 and 2022), indicating deficit spending.
- Fluctuating revenue without clear explanation of sources could indicate reliance on unpredictable funding or market performance.
Strengths
The following positive indicators were identified for Weezie Foundation:
- Maintains substantial assets (over $24 million) providing a strong financial base.
- Reports 0% officer compensation across all filings, indicating high efficiency and mission focus.
- Consistently low liabilities ($0 or $1) demonstrate sound financial management.
- Consistent filing of IRS Form 990s shows a commitment to transparency.
Frequently Asked Questions about Weezie Foundation
Is Weezie Foundation a legitimate charity?
Weezie Foundation (EIN: 136090903) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Weezie Foundation spend its money?
Weezie Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Weezie Foundation tax-deductible?
Weezie Foundation is registered as a tax-exempt nonprofit (EIN: 136090903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Weezie Foundation's spending goes to programs?
Weezie Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Weezie Foundation located?
Weezie Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 136090903.
How many years of IRS 990 filings does Weezie Foundation have?
Weezie Foundation has 10 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 $7.7M in total revenue.
Is the Weezie Foundation financially sustainable given recent deficits?
While the foundation has substantial assets (over $24 million), its expenses have exceeded revenue in the last two reported periods (2023 and 2022). This trend, if continued, could impact long-term sustainability, though its large endowment provides a buffer.
What is the primary source of the Weezie Foundation's revenue?
The provided data shows fluctuating revenue, with a high of $3,547,970 in 2021 and lows around $800,000-$900,000 in 2022-2023. Without detailed 990 schedules, it's unclear if this is primarily from investments, grants, or other sources, but the asset base suggests significant investment income.
How does the Weezie Foundation manage its liabilities?
The foundation consistently reports extremely low liabilities ($0 or $1 across all filings), indicating excellent financial management with minimal debt.
Filing History
IRS 990 filing history for Weezie Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Weezie Foundation's revenue has grown by 19.8%, moving from $681K to $816K. Total assets increased by 11.2% over the same period, from $22.3M to $24.8M. Total functional expenses rose by 29.7%, from $1.2M to $1.6M. In its most recent filing year (2023), Weezie Foundation reported a deficit of $790K, with expenses exceeding revenue. The organization holds $1 in liabilities against $24.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $816K | $1.6M | $24.8M | $1 | — | View 990 |
| 2022 | $908K | $1.8M | $25.6M | $1 | — | View 990 |
| 2021 | $3.5M | $1.5M | $26.5M | $1 | — | View 990 |
| 2020 | $1.3M | $1.4M | $24.4M | $1 | — | View 990 |
| 2019 | $1.8M | $1.5M | $24.6M | $0 | — | View 990 |
| 2015 | $1.1M | $1.1M | $21.9M | $0 | — | View 990 |
| 2014 | $1.7M | $1.0M | $21.9M | $0 | — | View 990 |
| 2013 | $1.1M | $1.3M | $21.2M | $0 | — | View 990 |
| 2012 | $278K | $1.2M | $21.4M | $0 | — | View 990 |
| 2011 | $681K | $1.2M | $22.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $816K, expenses of $1.6M, and assets of $24.8M (revenue -10.1% year-over-year).
- 2022: Revenue of $908K, expenses of $1.8M, and assets of $25.6M (revenue -74.4% year-over-year).
- 2021: Revenue of $3.5M, expenses of $1.5M, and assets of $26.5M (revenue +170.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.4M, and assets of $24.4M (revenue -28.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $24.6M (revenue +60.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $21.9M (revenue -35.0% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.0M, and assets of $21.9M (revenue +65.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $21.2M (revenue +279.5% year-over-year).
- 2012: Revenue of $278K, expenses of $1.2M, and assets of $21.4M (revenue -59.2% year-over-year).
- 2011: Revenue of $681K, expenses of $1.2M, and assets of $22.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weezie Foundation:
Data Sources and Methodology
This transparency report for Weezie 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.