Joseph & Florence Mandel Family Foundation - Weinberg Family Fund
Only null% goes to programs Strong reserves
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund is a 501(c)(3) organization based in Cleveland, Ohio, registered in 2019, with $19,072,911 in FY2024 revenue. CharityIndex grades it C+.
1000 Lakeside Ave E, Cleveland, OH, 44114 EIN 83-0987549 Since 2019
Revenue (FY2024)
$19.1M
▲ 155.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$10.5M
Net assets
$161.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Joseph & Florence Mandel Family Foundation - Weinberg Family Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating184 mo reserves · +45% 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 Joseph & Florence Mandel Family Foundation - Weinberg Family Fund: 184 mo reserves · +45% margin earns a B+ 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 Joseph & Florence Mandel Family Foundation - Weinberg Family Fund— 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 Joseph & Florence Mandel Family Foundation - Weinberg Family Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1000 Lakeside Ave E, Cleveland, OH, 44114
- City
- Cleveland
- State
- Ohio
- Subcategory
- Philanthropy & Charity Promotion
Financial trends
Revenue declined from $19.6M (FY2020) to $19.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.1MNet assets $161.6M
Operating margin
44.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$164.7M
Total liabilities
$3.1M
Net assets
$161.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,072,911▲155% | $10,535,000▼22.6% | $161,606,854▲3.2% | $164,706,854▲2.1% | 990PF |
| 2023 | $7,471,619▲37.7% | $13,603,244▲5.2% | $156,612,033▲1.1% | $161,315,033▲1.6% | 990PF |
| 2022 | $5,424,238▼75.5% | $12,926,416▲36.7% | $154,956,648▼13.5% | $158,850,934▼12.7% | 990PF |
| 2021 | $22,134,878▲13.1% | $9,453,456▲46.0% | $179,139,710▲26.8% | $181,897,996▲27.3% | 990PF |
| 2020 | $19,565,012 | $6,472,828 | $141,317,630 | $142,864,316 | 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.
Similar organizations in Philanthropy
Compare Joseph & Florence Mandel Family Foundation - Weinberg Family Fund
Frequently asked questions
- Is Joseph & Florence Mandel Family Foundation - Weinberg Family Fund a legitimate nonprofit?
- Yes. Joseph & Florence Mandel Family Foundation - Weinberg Family Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-0987549, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Joseph & Florence Mandel Family Foundation - Weinberg Family Fund's EIN?
- Joseph & Florence Mandel Family Foundation - Weinberg Family Fund's Employer Identification Number (EIN) is 83-0987549.
- How much revenue does Joseph & Florence Mandel Family Foundation - Weinberg Family Fund report?
- Joseph & Florence Mandel Family Foundation - Weinberg Family Fund reported $19,072,911 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph & Florence Mandel Family Foundation - Weinberg Family Fund have?
- CharityIndex grades Joseph & Florence Mandel Family Foundation - Weinberg Family Fund C+, based on financial health (reserves and operating margin).
More nonprofits in Cleveland
Explore more
Data for Joseph & Florence Mandel Family Foundation - Weinberg Family Fund (EIN 83-0987549) 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.