Peter Faun Revocable Living Trust
Peter Faun Revocable Living Trust consistently spends more than it earns, drawing down on its assets.
EIN: 207388377 · Honolulu, HI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $269K |
| Program Spending | 85% |
| Net Assets | $5.2M |
| Transparency Score | 70/100 |
Is Peter Faun Revocable Living Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peter Faun Revocable Living Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peter Faun Revocable Living Trust
Peter Faun Revocable Living Trust (EIN: 207388377) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T22. The organization reported total revenue of $5.0M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter Faun Revocable Living Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peter Faun Revocable Living Trust is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $269K |
| Surplus / Deficit | $-138,767 |
| Total Assets | $5.2M |
| Total Liabilities | $11K |
| Net Assets | $5.2M |
| Operating Margin | -106.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 232.3 months |
Financial Health Grade: B
In 2023, Peter Faun Revocable Living Trust reported a deficit of $139K with expenses exceeding revenue, holds 232.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2008–2023), Peter Faun Revocable Living Trust's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.9% | -9.2% | -2.6% |
| 2022 | -50.4% | +6.6% | -2.1% |
| 2021 | +131.2% | -48.8% | +1.6% |
| 2020 | -63.3% | +111.3% | -6.7% |
| 2019 | +130.6% | +2.5% | +0.8% |
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 Peter Faun Revocable Living Trust with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Peter Faun Revocable Living Trust allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $139K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating no salaries are paid to officers, directors, trustees, or key employees, which is common for private trusts or foundations managed without direct compensation.
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 Peter Faun Revocable Living Trust's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) leading to asset depletion.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, making efficiency assessment difficult.
Strengths
The following positive indicators were identified for Peter Faun Revocable Living Trust:
- Zero executive compensation, indicating no overhead from officer salaries.
- Consistent financial reporting over many years (13 filings), suggesting good compliance.
- Low liabilities ($10,750 consistently), indicating minimal debt burden.
Frequently Asked Questions about Peter Faun Revocable Living Trust
Is Peter Faun Revocable Living Trust a legitimate charity?
Peter Faun Revocable Living Trust (EIN: 207388377) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Peter Faun Revocable Living Trust spend its money?
Peter Faun Revocable Living Trust directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Peter Faun Revocable Living Trust tax-deductible?
Peter Faun Revocable Living Trust is registered as a tax-exempt nonprofit (EIN: 207388377). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Peter Faun Revocable Living Trust's spending goes to programs?
Peter Faun Revocable Living Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Peter Faun Revocable Living Trust compare to similar nonprofits?
With a transparency score of 70/100 (Good), Peter Faun Revocable Living Trust is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Peter Faun Revocable Living Trust located?
Peter Faun Revocable Living Trust is headquartered in Honolulu, Hawaii and files with the IRS under EIN 207388377. It is classified under NTEE code T22.
How many years of IRS 990 filings does Peter Faun Revocable Living Trust have?
Peter Faun Revocable Living Trust has 13 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 $5.0M in total revenue.
Is Peter Faun Revocable Living Trust a good charity?
As a private revocable living trust, it's not typically evaluated as a public charity in the traditional sense. Its purpose is likely to manage and distribute assets according to the trust's terms, rather than solicit public donations. The consistent 0% officer compensation is a positive indicator of efficient management from a compensation perspective.
Why are expenses consistently higher than revenue?
The trust consistently reports expenses exceeding revenue, for example, $268,614 in expenses versus $129,847 in revenue in 2023. This suggests it is operating by distributing assets or income from its principal, which is common for a revocable living trust or private foundation that is in a distribution phase or managing its endowment.
What is the trend in the trust's assets?
The trust's assets have shown a declining trend over the past decade, decreasing from $6,143,222 in 2011 to $5,200,457 in 2023. This aligns with the pattern of expenses exceeding revenue, indicating a gradual depletion of the trust's principal.
What is the purpose of this organization given its NTEE code?
The NTEE code T22 indicates it is a 'Private Grantmaking Foundation'. This means its primary purpose is likely to make grants to other organizations or individuals, rather than directly conducting charitable programs itself. This aligns with the financial structure of a trust distributing funds.
Filing History
IRS 990 filing history for Peter Faun Revocable Living Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2008–2023), Peter Faun Revocable Living Trust's revenue has declined by 13.6%, moving from $150K to $130K. Total assets decreased by 26.5% over the same period, from $7.1M to $5.2M. Total functional expenses rose by 36.9%, from $196K to $269K. In its most recent filing year (2023), Peter Faun Revocable Living Trust reported a deficit of $139K, with expenses exceeding revenue. The organization holds $11K in liabilities against $5.2M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $269K | $5.2M | $11K | — | — |
| 2022 | $180K | $296K | $5.3M | $11K | — | — |
| 2021 | $363K | $278K | $5.5M | $11K | — | View 990 |
| 2020 | $157K | $542K | $5.4M | $11K | — | View 990 |
| 2019 | $428K | $257K | $5.8M | $11K | — | View 990 |
| 2015 | $186K | $250K | $5.7M | $11K | — | View 990 |
| 2014 | $178K | $244K | $5.8M | $11K | — | View 990 |
| 2013 | $160K | $262K | $5.8M | $11K | — | View 990 |
| 2012 | $114K | $315K | $5.9M | $11K | — | View 990 |
| 2011 | $157K | $221K | $6.1M | $11K | — | View 990 |
| 2010 | $-541,027 | $203K | $6.4M | $246K | — | View 990 |
| 2009 | $103K | $221K | $7.0M | $0 | — | View 990 |
| 2008 | $150K | $196K | $7.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $269K, and assets of $5.2M (revenue -27.9% year-over-year).
- 2022: Revenue of $180K, expenses of $296K, and assets of $5.3M (revenue -50.4% year-over-year).
- 2021: Revenue of $363K, expenses of $278K, and assets of $5.5M (revenue +131.2% year-over-year).
- 2020: Revenue of $157K, expenses of $542K, and assets of $5.4M (revenue -63.3% year-over-year).
- 2019: Revenue of $428K, expenses of $257K, and assets of $5.8M (revenue +130.6% year-over-year).
- 2015: Revenue of $186K, expenses of $250K, and assets of $5.7M (revenue +4.4% year-over-year).
- 2014: Revenue of $178K, expenses of $244K, and assets of $5.8M (revenue +11.4% year-over-year).
- 2013: Revenue of $160K, expenses of $262K, and assets of $5.8M (revenue +40.1% year-over-year).
- 2012: Revenue of $114K, expenses of $315K, and assets of $5.9M (revenue -27.3% year-over-year).
- 2011: Revenue of $157K, expenses of $221K, and assets of $6.1M.
- 2010: Revenue of $-541,027, expenses of $203K, and assets of $6.4M (revenue -627.8% year-over-year).
- 2009: Revenue of $103K, expenses of $221K, and assets of $7.0M (revenue -31.8% year-over-year).
- 2008: Revenue of $150K, expenses of $196K, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peter Faun Revocable Living Trust:
Data Sources and Methodology
This transparency report for Peter Faun Revocable Living Trust 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.