Dr & Mrs John Faber Family Foundation
Dr & Mrs John Faber Family Foundation consistently spends more than it earns, drawing down assets over time.
EIN: 205925979 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48K |
| Total Expenses | $15K |
| Program Spending | 80% |
| Net Assets | $48K |
| Transparency Score | 65/100 |
Is Dr & Mrs John Faber Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dr & Mrs John Faber Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dr & Mrs John Faber Family Foundation
Dr & Mrs John Faber Family Foundation (EIN: 205925979) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $48K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dr & Mrs John Faber Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dr & Mrs John Faber Family Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $15K |
| Surplus / Deficit | $-10,536 |
| Total Assets | $48K |
| Total Liabilities | $1 |
| Net Assets | $48K |
| Operating Margin | -263.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 39.7 months |
Financial Health Grade: B
In 2023, Dr & Mrs John Faber Family Foundation reported a deficit of $11K with expenses exceeding revenue, holds 39.7 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), Dr & Mrs John Faber Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.9% | -12.3% | -18.0% |
| 2022 | -61.6% | +20.5% | -16.7% |
| 2021 | +156.3% | -25.5% | -1.7% |
| 2020 | -16.7% | +15.6% | -15.9% |
| 2019 | -74.5% | +26.6% | -31.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Dr & Mrs John Faber Family Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Dr & Mrs John Faber Family Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a small organization.
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 Dr & Mrs John Faber Family Foundation's IRS 990 filings:
- Consistent annual expenses exceeding revenue, leading to asset depletion (e.g., $3,999 revenue vs. $14,535 expenses in 2023).
- Significant decline in assets over the past decade, from $123,841 in 2015 to $48,146 in 2023.
Strengths
The following positive indicators were identified for Dr & Mrs John Faber Family Foundation:
- Zero officer compensation reported across all filings, indicating highly efficient executive management.
- Consistent spending on its mission, even as assets decline, demonstrating commitment.
Frequently Asked Questions about Dr & Mrs John Faber Family Foundation
Is Dr & Mrs John Faber Family Foundation a legitimate charity?
Dr & Mrs John Faber Family Foundation (EIN: 205925979) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $48K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Dr & Mrs John Faber Family Foundation spend its money?
Dr & Mrs John Faber Family Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dr & Mrs John Faber Family Foundation tax-deductible?
Dr & Mrs John Faber Family Foundation is registered as a tax-exempt nonprofit (EIN: 205925979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dr & Mrs John Faber Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Dr & Mrs John Faber Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Dr & Mrs John Faber Family Foundation located?
Dr & Mrs John Faber Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205925979. It is classified under NTEE code T20.
How many years of IRS 990 filings does Dr & Mrs John Faber Family Foundation have?
Dr & Mrs John Faber Family Foundation 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 $48K in total revenue.
Is the Dr & Mrs John Faber Family Foundation financially sustainable long-term?
Based on the provided data, the foundation consistently spends more than its annual revenue, leading to a decline in assets from $123,841 in 2015 to $48,146 in 2023. Without a significant change in revenue generation or spending, its long-term financial sustainability at current spending levels is questionable as its endowment diminishes.
What is the primary source of the foundation's funding?
The data indicates that the foundation's annual revenue is significantly lower than its expenses in most years (e.g., $3,999 revenue vs. $14,535 expenses in 2023). This suggests that its primary funding source is likely investment income or draws from its existing asset base, rather than substantial new contributions.
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers. This is a strong indicator of efficient use of funds at the executive level.
Filing History
IRS 990 filing history for Dr & Mrs John Faber Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dr & Mrs John Faber Family Foundation's revenue has declined by 75.5%, moving from $16K to $4K. Total assets decreased by 49% over the same period, from $94K to $48K. Total functional expenses rose by 26%, from $12K to $15K. In its most recent filing year (2023), Dr & Mrs John Faber Family Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $48K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $15K | $48K | $1 | — | — |
| 2022 | $5K | $17K | $59K | $1 | — | View 990 |
| 2021 | $13K | $14K | $70K | $1 | — | — |
| 2020 | $5K | $18K | $72K | $1 | — | — |
| 2019 | $6K | $16K | $85K | $1 | — | View 990 |
| 2015 | $23K | $13K | $124K | $1 | — | View 990 |
| 2014 | $20K | $13K | $113K | $1 | — | View 990 |
| 2013 | $34K | $13K | $107K | $1 | — | View 990 |
| 2012 | $4K | $13K | $86K | $1 | — | View 990 |
| 2011 | $16K | $12K | $94K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $15K, and assets of $48K (revenue -16.9% year-over-year).
- 2022: Revenue of $5K, expenses of $17K, and assets of $59K (revenue -61.6% year-over-year).
- 2021: Revenue of $13K, expenses of $14K, and assets of $70K (revenue +156.3% year-over-year).
- 2020: Revenue of $5K, expenses of $18K, and assets of $72K (revenue -16.7% year-over-year).
- 2019: Revenue of $6K, expenses of $16K, and assets of $85K (revenue -74.5% year-over-year).
- 2015: Revenue of $23K, expenses of $13K, and assets of $124K (revenue +17.8% year-over-year).
- 2014: Revenue of $20K, expenses of $13K, and assets of $113K (revenue -42.4% year-over-year).
- 2013: Revenue of $34K, expenses of $13K, and assets of $107K (revenue +815.9% year-over-year).
- 2012: Revenue of $4K, expenses of $13K, and assets of $86K (revenue -77.4% year-over-year).
- 2011: Revenue of $16K, expenses of $12K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dr & Mrs John Faber Family Foundation:
Data Sources and Methodology
This transparency report for Dr & Mrs John Faber Family Foundation 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.