Weller Foundation Inc
EIN: 470611350 · Atkinson, NE
| Metric | Value |
|---|---|
| Total Revenue | $458K |
| Total Expenses | $547K |
| Net Assets | $2.6M |
Is Weller Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Weller Foundation Inc
Weller Foundation Inc (EIN: 470611350) is a nonprofit organization based in Atkinson, NE. The organization reported total revenue of $458K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weller Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weller Foundation Inc is a small nonprofit that has been operating for 1 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $353K |
| Total Expenses | $547K |
| Surplus / Deficit | $-194,383 |
| Total Assets | $2.6M |
| Net Assets | $2.6M |
| Operating Margin | -55.1% |
| Months of Reserves | 56.2 months |
Financial Health Grade: B
In 2015, Weller Foundation Inc reported a deficit of $194K with expenses exceeding revenue, holds 56.2 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Weller Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -1.4% | +7.0% | -6.2% |
| 2014 | +9.4% | -24.8% | -4.9% |
| 2013 | +11.5% | +25.8% | -9.5% |
| 2012 | +5.6% | +98.1% | -7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Weller Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Weller Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $194K, with expenses exceeding revenue.
Frequently Asked Questions about Weller Foundation Inc
Is Weller Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Weller Foundation Inc (EIN: 470611350) insufficient data. 0 red flags identified, 0 strengths noted.
How does Weller Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Weller Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Weller Foundation Inc tax-deductible?
Weller Foundation Inc is registered as a tax-exempt nonprofit (EIN: 470611350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Weller Foundation Inc located?
Weller Foundation Inc is headquartered in Atkinson, Nebraska and files with the IRS under EIN 470611350.
How many years of IRS 990 filings does Weller Foundation Inc have?
Weller Foundation Inc has 5 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 $458K in total revenue.
Filing History
IRS 990 filing history for Weller Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Weller Foundation Inc's revenue has grown by 27%, moving from $278K to $353K. Total assets decreased by 25% over the same period, from $3.4M to $2.6M. Total functional expenses rose by 100.4%, from $273K to $547K. In its most recent filing year (2015), Weller Foundation Inc reported a deficit of $194K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $353K | $547K | $2.6M | $0 | — | View 990 |
| 2014 | $358K | $512K | $2.7M | $0 | — | View 990 |
| 2013 | $327K | $680K | $2.9M | $0 | — | View 990 |
| 2012 | $293K | $541K | $3.2M | $0 | — | View 990 |
| 2011 | $278K | $273K | $3.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $353K, expenses of $547K, and assets of $2.6M (revenue -1.4% year-over-year).
- 2014: Revenue of $358K, expenses of $512K, and assets of $2.7M (revenue +9.4% year-over-year).
- 2013: Revenue of $327K, expenses of $680K, and assets of $2.9M (revenue +11.5% year-over-year).
- 2012: Revenue of $293K, expenses of $541K, and assets of $3.2M (revenue +5.6% year-over-year).
- 2011: Revenue of $278K, expenses of $273K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weller Foundation Inc:
Data Sources and Methodology
This transparency report for Weller 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.