Winifred Masterson Burke Medical Research

Winifred Masterson Burke Medical Research consistently operates at a deficit with declining assets and increasing liabilities.

EIN: 133434924 · White Plains, NY · NTEE: H96Z · Updated: 2026-03-28

$19.7MRevenue
$7.2MAssets
55/100Mission Score (Fair)
H96Z

Is Winifred Masterson Burke Medical Research Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Winifred Masterson Burke Medical Research directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Winifred Masterson Burke Medical Research

Winifred Masterson Burke Medical Research (EIN: 133434924) is a nonprofit organization based in White Plains, NY, classified under NTEE code H96Z. The organization reported total revenue of $19.7M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winifred Masterson Burke Medical Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Winifred Masterson Burke Medical Research has consistently operated with expenses exceeding revenue over the past decade, indicating a reliance on prior reserves or other funding mechanisms not immediately apparent in annual revenue figures. For instance, in 2023, expenses were $17,890,786 against revenues of $15,401,317, a deficit of over $2.4 million. This trend is consistent across all reported periods, suggesting a structural deficit in its operational model. The organization's assets have also shown a significant decline, from $14,523,564 in 2018 to $7,823,857 in 2023, while liabilities have generally increased, reaching $12,678,191 in 2023, exceeding its assets. This financial trajectory raises concerns about long-term sustainability. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficits suggest that the organization is spending more than it brings in annually. The reported 0% officer compensation across all filings is unusual and could indicate that executive salaries are reported under other expense categories or that the organization relies heavily on volunteer leadership, which would be a positive indicator for efficiency if true. Further investigation into the detailed expense categories would be necessary to fully understand spending efficiency. Transparency appears to be adequate in terms of filing its IRS 990s, as evidenced by the extensive filing history. However, the lack of reported officer compensation in the summary data provided is a point that warrants further scrutiny for complete transparency. The consistent deficits and declining asset base are significant financial indicators that would benefit from clear explanations within the organization's public reporting.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Winifred Masterson Burke Medical Research with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Winifred Masterson Burke Medical Research allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The reported 0% officer compensation across all filings is highly unusual for an organization of this size with annual expenses exceeding $15 million. This could indicate that executive salaries are categorized differently or that the organization relies on unpaid leadership, which would be a significant positive for efficiency.

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 Winifred Masterson Burke Medical Research's IRS 990 filings:

Strengths

The following positive indicators were identified for Winifred Masterson Burke Medical Research:

Frequently Asked Questions about Winifred Masterson Burke Medical Research

Is Winifred Masterson Burke Medical Research a legitimate charity?

Based on AI analysis of IRS 990 filings, Winifred Masterson Burke Medical Research (EIN: 133434924) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

How does Winifred Masterson Burke Medical Research spend its money?

Winifred Masterson Burke Medical Research directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Winifred Masterson Burke Medical Research tax-deductible?

Winifred Masterson Burke Medical Research is registered as a tax-exempt nonprofit (EIN: 133434924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Winifred Masterson Burke Medical Research financially sustainable?

The organization has consistently reported expenses exceeding revenue for over a decade, with a deficit of over $2.4 million in 2023 alone. Its assets have also significantly declined from $14.5 million in 2018 to $7.8 million in 2023, while liabilities have increased to $12.6 million in 2023, exceeding its assets. This trend raises serious concerns about its long-term financial sustainability.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is atypical for an organization with annual expenses in the tens of millions. This warrants further investigation to understand if executive compensation is reported under other expense categories or if the organization genuinely operates without paid officers, which would be a notable strength.

What is the cause of the consistent operational deficits?

The organization has consistently spent more than its revenue, with expenses exceeding revenue in every reported period. For example, in 2023, expenses were $17,890,786 against revenues of $15,401,317. The underlying reasons for these persistent deficits, whether due to declining funding, increased program costs, or other factors, are not clear from the provided data and would require a deeper dive into their financial statements.

How does the organization plan to address its declining asset base and increasing liabilities?

The organization's assets have nearly halved from $14.5 million in 2018 to $7.8 million in 2023, while liabilities have grown to $12.6 million, surpassing its assets. This indicates a deteriorating balance sheet. The organization's strategy to reverse these trends and ensure solvency is a critical question.

Filing History

IRS 990 filing history for Winifred Masterson Burke Medical Research showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Winifred Masterson Burke Medical Research's revenue has grown by 31.6%, moving from $11.7M to $15.4M. Total assets decreased by 48.8% over the same period, from $15.3M to $7.8M. Total functional expenses rose by 38.6%, from $12.9M to $17.9M. In its most recent filing year (2023), Winifred Masterson Burke Medical Research reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $12.7M in liabilities against $7.8M in assets (debt-to-asset ratio: 162.0%), resulting in net assets of $-4,854,334.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $15.4M $17.9M $7.8M $12.7M
2022 $14.5M $16.8M $7.9M $10.4M View 990
2021 $17.4M $17.4M $9.6M $10.4M View 990
2020 $17.0M $18.6M $10.9M $12.1M View 990
2019 $15.7M $18.2M $10.5M $10.3M View 990
2018 $17.5M $19.0M $14.5M $12.0M View 990
2017 $14.9M $16.4M $15.2M $12.2M
2016 $15.4M $17.0M $14.8M $11.1M View 990
2015 $15.0M $16.6M $12.4M $8.1M View 990
2014 $13.7M $15.2M $13.6M $9.5M View 990
2013 $12.9M $14.3M $13.8M $9.3M View 990
2012 $11.7M $13.1M $13.5M $9.0M View 990
2011 $11.7M $12.9M $15.3M $9.9M View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Winifred Masterson Burke Medical Research 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.

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