Is Winfield And Frankie Payne Familyfoundation Trust Legit?
Quick charity verification for Winfield And Frankie Payne Familyfoundation Trust (EIN: 208342435)
Verdict: Winfield And Frankie Payne Familyfoundation Trust appears trustworthy
85/100Mission Score
$2.2MRevenue
$5.8MAssets
1Red Flags
3Strengths
Red Flags
Consistent operating deficit (expenses exceeding revenue) could indicate long-term sustainability concerns if not managed as a deliberate spend-down strategy.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds and commitment to mission.
Consistent grantmaking activity, fulfilling its role as a private foundation.
High transparency with regular IRS 990 filings.
Spending Breakdown
How Winfield And Frankie Payne Familyfoundation Trust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Winfield And Frankie Payne Familyfoundation Trust
Is Winfield And Frankie Payne Familyfoundation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Winfield And Frankie Payne Familyfoundation Trust (EIN: 208342435) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Winfield And Frankie Payne Familyfoundation Trust a good charity to donate to?
Winfield And Frankie Payne Familyfoundation Trust has a Mission Score of 85/100. Revenue: $2.2M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Winfield And Frankie Payne Familyfoundation Trust?
The Employer Identification Number (EIN) for Winfield And Frankie Payne Familyfoundation Trust is 208342435. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Winfield And Frankie Payne Familyfoundation Trust spend its money?
Winfield And Frankie Payne Familyfoundation Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Winfield And Frankie Payne Familyfoundation Trust's tax-exempt status?
You can verify Winfield And Frankie Payne Familyfoundation Trust's tax-exempt status using EIN 208342435 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Winfield And Frankie Payne Familyfoundation Trust demonstrates consistent financial activity as a private foundation, primarily distributing grants. Over the past six years, the organization has consistently operated with expenses exceeding revenue, drawing down its asset base from $7,390,777 in 2018 to $6,339,533 in 2023. This trend is typical for a private foundation focused on grantmaking from an endowment. The foundation's transparency is high, as evidenced by its regular IRS 990 filings and the clear reporting of zero officer compensation across all periods, indicating that leadership is not drawing a salary from the organization. The consistent decline in assets alongside ongoing expenses suggests a deliberate strategy of grant distribution, which aligns with the operational model of many family foundations. The latest revenue of $316,884 against expenses of $505,207 in 2023 continues this pattern.