Irene M and Milton R Weed Foundation
Only null% goes to programs Strong reserves
Irene M and Milton R Weed Foundation is a 501(c)(3) organization based in Lake Forest, Illinois, registered in 2006, with $42,635 in FY2023 revenue. CharityIndex grades it F.
321 E Wisconsin Ave, Lake Forest, IL, 60045 EIN 30-0241901 Since 2006
Revenue (FY2023)
$43K
▼ 39.3% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$98K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Irene M and Milton R Weed Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating131 mo reserves · -129% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Irene M and Milton R Weed Foundation: 131 mo reserves · -129% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Irene M and Milton R Weed Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Irene M and Milton R Weed Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 321 E Wisconsin Ave, Lake Forest, IL, 60045
- City
- Lake Forest
- State
- Illinois
- Subcategory
- Public Foundations
Financial trends
Revenue declined from $73K (FY2013) to $43K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $1.1M
Operating margin
-129.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $42,635▼39.3% | $97,723▲1.8% | $1,067,355▼2.7% | $1,067,355▼2.7% | 990PF |
| 2022 | $70,277▼27.8% | $95,948▼18.6% | $1,096,672▼2.3% | $1,096,672▼2.3% | 990PF |
| 2021 | $97,306▲97.0% | $117,881▲16.4% | $1,122,343▲1.1% | $1,122,343▲1.1% | 990PF |
| 2020 | $49,385▼15.1% | $101,304▼21.0% | $1,110,662▼2.2% | $1,110,662▼2.2% | 990PF |
| 2019 | $58,191▼26.1% | $128,295▲0.7% | $1,135,449▼5.8% | $1,135,449▼5.8% | 990PF |
| 2018 | $78,712▲5.2% | $127,435▼4.6% | $1,205,508▼3.0% | $1,205,508▼3.0% | 990PF |
| 2017 | $74,815▲39.8% | $133,580▲7.2% | $1,242,981▼1.7% | $1,242,981▼1.7% | 990PF |
| 2016 | $53,510▼14.8% | $124,570▼3.1% | $1,264,790▼3.9% | $1,264,790▼3.9% | 990PF |
| 2015 | $62,831▼17.2% | $128,573▼11.5% | $1,315,660▼4.9% | $1,315,660▼4.9% | 990PF |
| 2014 | $75,905▲3.8% | $145,230▲10.7% | $1,382,767▼0.2% | $1,382,767▼0.2% | 990PF |
| 2013 | $73,111 | $131,178▲3.2% | $1,384,966▼2.4% | $1,384,966▼2.4% | 990PF |
| 2012 | — | $127,149▲8.7% | $1,419,721▼6.6% | $1,419,721▼6.6% | 990PF |
| 2011 | — | $116,996▼10.5% | $1,520,164▼5.3% | $1,520,164▼5.3% | 990PF |
| 2010 | — | $130,765 | $1,604,781 | $1,604,781 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Irene M and Milton R Weed Foundation a legitimate nonprofit?
- Yes. Irene M and Milton R Weed Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 30-0241901, based in Lake Forest, Illinois. Donations are tax-deductible.
- What is Irene M and Milton R Weed Foundation's EIN?
- Irene M and Milton R Weed Foundation's Employer Identification Number (EIN) is 30-0241901.
- How much revenue does Irene M and Milton R Weed Foundation report?
- Irene M and Milton R Weed Foundation reported $42,635 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Irene M and Milton R Weed Foundation have?
- CharityIndex grades Irene M and Milton R Weed Foundation F, based on financial health (reserves and operating margin).
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Data for Irene M and Milton R Weed Foundation (EIN 30-0241901) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.