Weingartz Family Foundation
Weingartz Family Foundation shows strong asset growth and zero executive compensation amidst fluctuating revenue.
EIN: 201516609 · Shelby Twp, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.9M |
| Total Expenses | $2.6M |
| Program Spending | 95% |
| Net Assets | $5.3M |
| Transparency Score | 90/100 |
Is Weingartz Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weingartz Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weingartz Family Foundation
Weingartz Family Foundation (EIN: 201516609) is a nonprofit organization based in Shelby Twp, MI, classified under NTEE code T20. The organization reported total revenue of $8.9M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weingartz Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weingartz Family Foundation is a mid-size nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 22.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-228,905 |
| Total Assets | $5.3M |
| Total Liabilities | $1 |
| Net Assets | $5.3M |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.1 months |
Financial Health Grade: B
In 2021, Weingartz Family Foundation reported a deficit of $229K with expenses exceeding revenue, holds 24.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Weingartz Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 22.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +2.5% | +171.2% | -4.1% |
| 2020 | +6065.7% | -50.8% | +36.7% |
| 2019 | -96.9% | +123.8% | +22.5% |
| 2015 | +41.5% | -31.2% | -0.7% |
| 2014 | -12.1% | +44.0% | -7.4% |
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 Weingartz 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, Weingartz 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $229K, 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 no salaries are paid to officers, which is highly efficient for an organization of its size and 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 Weingartz Family Foundation's IRS 990 filings:
- Inconsistent revenue streams with significant fluctuations year-to-year
- Expenses exceeded revenue in multiple periods (e.g., 2021, 2019), indicating potential operational deficits in those years.
Strengths
The following positive indicators were identified for Weingartz Family Foundation:
- Consistent zero executive compensation, maximizing funds for mission.
- Strong asset growth over time, indicating financial stability.
- Very low to zero liabilities across all reported periods.
- Significant increase in latest reported revenue, potentially boosting future grantmaking capacity.
Frequently Asked Questions about Weingartz Family Foundation
Is Weingartz Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Weingartz Family Foundation (EIN: 201516609) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Weingartz Family Foundation spend its money?
Weingartz Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Weingartz Family Foundation tax-deductible?
Weingartz Family Foundation is registered as a tax-exempt nonprofit (EIN: 201516609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Weingartz Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Weingartz 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 Weingartz Family Foundation located?
Weingartz Family Foundation is headquartered in Shelby Twp, Michigan and files with the IRS under EIN 201516609. It is classified under NTEE code T20.
How many years of IRS 990 filings does Weingartz Family Foundation have?
Weingartz Family Foundation has 8 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 $8.9M in total revenue.
Is the Weingartz Family Foundation a good charity?
Based on the available data, the Weingartz Family Foundation appears to be a very efficient organization, primarily due to its consistent reporting of zero officer compensation. This means more of its resources are available for its mission. Its asset growth and minimal liabilities also suggest good financial stewardship.
How does the foundation manage its operations without officer compensation?
The filings indicate that no compensation is paid to officers. This suggests that the foundation's operations are likely managed by volunteers, through pro-bono services, or by staff whose roles are not classified as 'officer' for compensation purposes, which is a highly cost-effective approach.
What caused the significant revenue increase in the latest period?
The IRS 990 data shows a substantial increase in revenue to $8,945,384 in the latest period, compared to previous years where revenue was typically in the low millions or less. The filings do not specify the source, but it could be due to a large donation, investment gains, or a significant endowment contribution.
Filing History
IRS 990 filing history for Weingartz Family Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Weingartz Family Foundation's revenue has grown by 680.3%, moving from $308K to $2.4M. Total assets increased by 109.6% over the same period, from $2.5M to $5.3M. Total functional expenses rose by 559.6%, from $399K to $2.6M. In its most recent filing year (2021), Weingartz Family Foundation reported a deficit of $229K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $2.4M | $2.6M | $5.3M | $1 | — | View 990 |
| 2020 | $2.3M | $971K | $5.5M | $1 | — | View 990 |
| 2019 | $38K | $2.0M | $4.0M | $0 | — | View 990 |
| 2015 | $1.2M | $882K | $3.3M | $0 | — | View 990 |
| 2014 | $866K | $1.3M | $3.3M | $0 | — | View 990 |
| 2013 | $985K | $890K | $3.6M | $0 | — | View 990 |
| 2012 | $564K | $651K | $2.8M | $0 | — | View 990 |
| 2011 | $308K | $399K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $2.4M, expenses of $2.6M, and assets of $5.3M (revenue +2.5% year-over-year).
- 2020: Revenue of $2.3M, expenses of $971K, and assets of $5.5M (revenue +6065.7% year-over-year).
- 2019: Revenue of $38K, expenses of $2.0M, and assets of $4.0M (revenue -96.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $882K, and assets of $3.3M (revenue +41.5% year-over-year).
- 2014: Revenue of $866K, expenses of $1.3M, and assets of $3.3M (revenue -12.1% year-over-year).
- 2013: Revenue of $985K, expenses of $890K, and assets of $3.6M (revenue +74.5% year-over-year).
- 2012: Revenue of $564K, expenses of $651K, and assets of $2.8M (revenue +83.0% year-over-year).
- 2011: Revenue of $308K, expenses of $399K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weingartz Family Foundation:
Data Sources and Methodology
This transparency report for Weingartz 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.