Werdiger Family Foundation Inc
Werdiger Family Foundation consistently operates with zero officer compensation, directing all funds to its mission.
EIN: 133505439 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.6M |
| Total Expenses | $2.8M |
| Program Spending | 100% |
| CEO/Top Officer Pay | $22 |
| Net Assets | $24.4M |
| Transparency Score | 95/100 |
Is Werdiger Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Werdiger Family Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Werdiger Family Foundation Inc
Werdiger Family Foundation Inc (EIN: 133505439) is a nonprofit organization based in New York, NY. The organization reported total revenue of $13.6M and total assets of $22.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Werdiger Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Werdiger Family Foundation Inc is a large nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $24.4M |
| Total Liabilities | $1 |
| Net Assets | $24.4M |
| Operating Margin | 37.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 105.0 months |
Financial Health Grade: A
In 2023, Werdiger Family Foundation Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 105.0 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), Werdiger Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.3% | -31.3% | -0.4% |
| 2022 | -51.8% | -41.5% | -5.9% |
| 2021 | +284.3% | +238.9% | -6.0% |
| 2020 | +384.9% | -25.6% | -2.0% |
| 2019 | -94.5% | +30.8% | -26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Werdiger Family Foundation Inc with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Werdiger Family Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $1.6M, with revenue exceeding expenses.
- 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 from the foundation's funds, which is highly unusual for an organization of its size with assets exceeding $22 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 Werdiger Family Foundation Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in provided data, making it difficult to assess specific impact areas.
- NTEE code is unknown, which limits understanding of the organization's specific charitable purpose.
Strengths
The following positive indicators were identified for Werdiger Family Foundation Inc:
- Consistent 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Strong asset base, with current assets at $22,022,187, providing a solid financial foundation.
- Minimal liabilities, consistently reported as $1 for most recent periods, indicating strong financial health.
- Positive net revenue in several recent periods (e.g., 2023: $4,426,034 revenue vs. $2,785,425 expenses), contributing to sustainability.
Frequently Asked Questions about Werdiger Family Foundation Inc
Is Werdiger Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Werdiger Family Foundation Inc (EIN: 133505439) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Werdiger Family Foundation Inc spend its money?
Werdiger Family Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Werdiger Family Foundation Inc tax-deductible?
Werdiger Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133505439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Werdiger Family Foundation Inc CEO make?
Werdiger Family Foundation Inc's highest-compensated officer earns $22 annually. The organization reported $13.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Werdiger Family Foundation Inc located?
Werdiger Family Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133505439.
How many years of IRS 990 filings does Werdiger Family Foundation Inc have?
Werdiger Family Foundation Inc 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 $13.6M in total revenue.
How does the Werdiger Family Foundation Inc. manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting that executive functions are either performed on a pro bono basis, covered by an affiliated entity, or that the foundation operates with a volunteer leadership structure.
What is the primary focus of the Werdiger Family Foundation's grant-making activities?
Without NTEE code information or detailed program expense breakdowns, the specific focus of their grant-making cannot be determined from the provided data. However, the consistent spending indicates active philanthropic endeavors.
Has the foundation's asset base been growing or shrinking over time?
The foundation's assets have fluctuated, peaking at $38,446,392 in 2015 and currently standing at $22,022,187. While there has been a decrease from its peak, the current asset base remains substantial and healthy.
Filing History
IRS 990 filing history for Werdiger Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Werdiger Family Foundation Inc's revenue has declined by 15.9%, moving from $5.3M to $4.4M. Total assets increased by 4% over the same period, from $23.4M to $24.4M. Total functional expenses rose by 127.9%, from $1.2M to $2.8M. In its most recent filing year (2023), Werdiger Family Foundation Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $24.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $2.8M | $24.4M | $1 | — | View 990 |
| 2022 | $2.4M | $4.1M | $24.5M | $1 | — | View 990 |
| 2021 | $4.9M | $6.9M | $26.0M | $1 | — | View 990 |
| 2020 | $1.3M | $2.0M | $27.7M | $1 | — | View 990 |
| 2019 | $261K | $2.7M | $28.2M | $1 | — | — |
| 2015 | $4.8M | $2.1M | $38.4M | $1 | — | View 990 |
| 2014 | $6.2M | $1.9M | $35.1M | $1 | — | View 990 |
| 2013 | $4.2M | $1.6M | $29.1M | $1 | — | View 990 |
| 2012 | $3.9M | $1.4M | $26.3M | $25K | — | View 990 |
| 2011 | $5.3M | $1.2M | $23.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $2.8M, and assets of $24.4M (revenue +88.3% year-over-year).
- 2022: Revenue of $2.4M, expenses of $4.1M, and assets of $24.5M (revenue -51.8% year-over-year).
- 2021: Revenue of $4.9M, expenses of $6.9M, and assets of $26.0M (revenue +284.3% year-over-year).
- 2020: Revenue of $1.3M, expenses of $2.0M, and assets of $27.7M (revenue +384.9% year-over-year).
- 2019: Revenue of $261K, expenses of $2.7M, and assets of $28.2M (revenue -94.5% year-over-year).
- 2015: Revenue of $4.8M, expenses of $2.1M, and assets of $38.4M (revenue -22.8% year-over-year).
- 2014: Revenue of $6.2M, expenses of $1.9M, and assets of $35.1M (revenue +45.8% year-over-year).
- 2013: Revenue of $4.2M, expenses of $1.6M, and assets of $29.1M (revenue +9.4% year-over-year).
- 2012: Revenue of $3.9M, expenses of $1.4M, and assets of $26.3M (revenue -26.6% year-over-year).
- 2011: Revenue of $5.3M, expenses of $1.2M, and assets of $23.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Werdiger Family Foundation Inc:
Data Sources and Methodology
This transparency report for Werdiger Family 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.