Weikart Family Foundation
Weikart Family Foundation maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 200456632 · Clinton, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $685K |
| Total Expenses | $122K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.6M |
| Transparency Score | 90/100 |
Is Weikart Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weikart Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weikart Family Foundation
Weikart Family Foundation (EIN: 200456632) is a nonprofit organization based in Clinton, MI, classified under NTEE code T20. The organization reported total revenue of $685K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weikart Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weikart Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $122K |
| Surplus / Deficit | +$21K |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 154.0 months |
Financial Health Grade: A
In 2023, Weikart Family Foundation reported a surplus of $21K with revenue exceeding expenses, holds 154.0 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), Weikart Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.7% | -12.1% | +0.5% |
| 2022 | -49.2% | -5.0% | -3.2% |
| 2021 | +113.5% | +15.2% | +1.6% |
| 2020 | -40.7% | +23.0% | -2.9% |
| 2019 | +54.9% | -17.0% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Weikart 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, Weikart 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Weikart Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly efficient operational model, likely relying on volunteer efforts or very minimal administrative costs, especially for an organization with assets exceeding $1.5 million.
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 Weikart Family Foundation's IRS 990 filings:
- Slight long-term decline in assets from $1.8M in 2011 to $1.5M in 2023, though still substantial.
Strengths
The following positive indicators were identified for Weikart Family Foundation:
- Consistent zero officer compensation, indicating high efficiency and low administrative overhead.
- Very low liabilities ($1 consistently), demonstrating strong financial health and minimal debt.
- Stable asset base consistently above $1.5 million over the past decade.
- Expenses generally align with or are slightly below revenue in recent years, indicating responsible financial management (e.g., 2023: Revenue $143,567, Expenses $122,459).
Frequently Asked Questions about Weikart Family Foundation
Is Weikart Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Weikart Family Foundation (EIN: 200456632) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Weikart Family Foundation spend its money?
Weikart Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Weikart Family Foundation tax-deductible?
Weikart Family Foundation is registered as a tax-exempt nonprofit (EIN: 200456632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Weikart Family Foundation CEO make?
Weikart Family Foundation's highest-compensated officer earns $1.5 annually. The organization reported $685K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Weikart Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Weikart Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Weikart Family Foundation located?
Weikart Family Foundation is headquartered in Clinton, Michigan and files with the IRS under EIN 200456632. It is classified under NTEE code T20.
How many years of IRS 990 filings does Weikart Family Foundation have?
Weikart Family 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 $685K in total revenue.
What are the specific programs or grants the Weikart Family Foundation supports?
The provided data does not detail specific programs or grant recipients. As a T20 (Private Grantmaking Foundation), its primary activity is typically making grants to other organizations.
How does the foundation generate its revenue?
The data shows fluctuating revenue, for example, $143,567 in 2023 and $87,157 in 2022. Without further detail, it's likely a mix of investment income from its assets and potentially contributions, typical for a private foundation.
What is the long-term trend of the foundation's assets?
The foundation's assets have shown a slight decline over the long term, from $1,837,518 in 2011 to $1,571,929 in 2023, though they have remained consistently above $1.5 million.
Filing History
IRS 990 filing history for Weikart Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Weikart Family Foundation's revenue has grown by 29.1%, moving from $111K to $144K. Total assets decreased by 14.5% over the same period, from $1.8M to $1.6M. Total functional expenses fell by 7.5%, from $132K to $122K. In its most recent filing year (2023), Weikart Family Foundation reported a surplus of $21K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $144K | $122K | $1.6M | $1 | — | View 990 |
| 2022 | $87K | $139K | $1.6M | $1 | — | View 990 |
| 2021 | $171K | $147K | $1.6M | $1 | — | View 990 |
| 2020 | $80K | $127K | $1.6M | $1 | — | — |
| 2019 | $135K | $103K | $1.6M | $1 | — | View 990 |
| 2015 | $87K | $125K | $1.7M | $1 | — | View 990 |
| 2014 | $122K | $137K | $1.7M | $1 | — | View 990 |
| 2013 | $129K | $128K | $1.7M | $1 | — | View 990 |
| 2012 | $42K | $133K | $1.7M | $1 | — | View 990 |
| 2011 | $111K | $132K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $144K, expenses of $122K, and assets of $1.6M (revenue +64.7% year-over-year).
- 2022: Revenue of $87K, expenses of $139K, and assets of $1.6M (revenue -49.2% year-over-year).
- 2021: Revenue of $171K, expenses of $147K, and assets of $1.6M (revenue +113.5% year-over-year).
- 2020: Revenue of $80K, expenses of $127K, and assets of $1.6M (revenue -40.7% year-over-year).
- 2019: Revenue of $135K, expenses of $103K, and assets of $1.6M (revenue +54.9% year-over-year).
- 2015: Revenue of $87K, expenses of $125K, and assets of $1.7M (revenue -28.5% year-over-year).
- 2014: Revenue of $122K, expenses of $137K, and assets of $1.7M (revenue -4.9% year-over-year).
- 2013: Revenue of $129K, expenses of $128K, and assets of $1.7M (revenue +202.7% year-over-year).
- 2012: Revenue of $42K, expenses of $133K, and assets of $1.7M (revenue -61.8% year-over-year).
- 2011: Revenue of $111K, expenses of $132K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weikart Family Foundation:
Data Sources and Methodology
This transparency report for Weikart 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.