Winfield And Frankie Payne Familyfoundation Trust
Winfield And Frankie Payne Familyfoundation Trust consistently distributes more in grants than it receives in revenue, drawing down its asset base.
EIN: 208342435 · Waikoloa, HI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $505K |
| Program Spending | 90% |
| Net Assets | $6.3M |
| Transparency Score | 85/100 |
Is Winfield And Frankie Payne Familyfoundation Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Winfield And Frankie Payne Familyfoundation Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Winfield And Frankie Payne Familyfoundation Trust
Winfield And Frankie Payne Familyfoundation Trust (EIN: 208342435) is a nonprofit organization based in Waikoloa, HI, classified under NTEE code T20. The organization reported total revenue of $2.2M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winfield And Frankie Payne Familyfoundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winfield And Frankie Payne Familyfoundation Trust is a mid-size nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $505K |
| Surplus / Deficit | $-188,323 |
| Total Assets | $6.3M |
| Total Liabilities | $1 |
| Net Assets | $6.3M |
| Operating Margin | -59.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.6 months |
Financial Health Grade: B
In 2023, Winfield And Frankie Payne Familyfoundation Trust reported a deficit of $188K with expenses exceeding revenue, holds 150.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Winfield And Frankie Payne Familyfoundation Trust's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.3% | +0.5% | -2.6% |
| 2022 | -25.6% | -11.7% | -4.8% |
| 2021 | +121.2% | +9.7% | -0.5% |
| 2020 | +33.1% | +9.6% | -3.5% |
| 2019 | -13.6% | +12.1% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
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 Winfield And Frankie Payne Familyfoundation Trust with a Mission Score of 85 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Winfield And Frankie Payne Familyfoundation Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $188K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is not compensated through salaries, which is a positive sign for donor confidence and resource allocation.
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 Winfield And Frankie Payne Familyfoundation Trust's IRS 990 filings:
- Consistent operating deficit (expenses exceeding revenue) could indicate long-term sustainability concerns if not managed as a deliberate spend-down strategy.
Strengths
The following positive indicators were identified for Winfield And Frankie Payne Familyfoundation Trust:
- 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.
Frequently Asked Questions about Winfield And Frankie Payne Familyfoundation Trust
Is Winfield And Frankie Payne Familyfoundation Trust a legitimate charity?
Winfield And Frankie Payne Familyfoundation Trust (EIN: 208342435) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $2.2M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Winfield And Frankie Payne Familyfoundation Trust spend its money?
Winfield And Frankie Payne Familyfoundation Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Winfield And Frankie Payne Familyfoundation Trust tax-deductible?
Winfield And Frankie Payne Familyfoundation Trust is registered as a tax-exempt nonprofit (EIN: 208342435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Winfield And Frankie Payne Familyfoundation Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Winfield And Frankie Payne Familyfoundation Trust 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 Winfield And Frankie Payne Familyfoundation Trust located?
Winfield And Frankie Payne Familyfoundation Trust is headquartered in Waikoloa, Hawaii and files with the IRS under EIN 208342435. It is classified under NTEE code T20.
How many years of IRS 990 filings does Winfield And Frankie Payne Familyfoundation Trust have?
Winfield And Frankie Payne Familyfoundation Trust has 6 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 $2.2M in total revenue.
Is Winfield And Frankie Payne Familyfoundation Trust a good charity?
As a private family foundation, its primary purpose is to distribute grants. The consistent zero officer compensation and the pattern of distributing more than its annual revenue, drawing down assets, suggest it is effectively fulfilling its grantmaking mission without excessive administrative overhead or self-enrichment.
Why are expenses consistently higher than revenue?
This is a common characteristic of private foundations that operate by distributing grants from an endowment. They often spend down their principal or accumulated investment gains over time, rather than solely relying on annual contributions to cover expenses.
What is the trend in the organization's assets?
The organization's assets have steadily decreased from $7,390,777 in 2018 to $6,339,533 in 2023, reflecting its operational model of distributing funds through grants.
Filing History
IRS 990 filing history for Winfield And Frankie Payne Familyfoundation Trust showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Winfield And Frankie Payne Familyfoundation Trust's revenue has grown by 62.3%, moving from $195K to $317K. Total assets decreased by 14.2% over the same period, from $7.4M to $6.3M. Total functional expenses rose by 19.5%, from $423K to $505K. In its most recent filing year (2023), Winfield And Frankie Payne Familyfoundation Trust reported a deficit of $188K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $505K | $6.3M | $1 | — | — |
| 2022 | $370K | $503K | $6.5M | $285K | — | View 990 |
| 2021 | $497K | $570K | $6.8M | $489K | — | View 990 |
| 2020 | $225K | $519K | $6.9M | $1 | — | View 990 |
| 2019 | $169K | $474K | $7.1M | $1 | — | View 990 |
| 2018 | $195K | $423K | $7.4M | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $505K, and assets of $6.3M (revenue -14.3% year-over-year).
- 2022: Revenue of $370K, expenses of $503K, and assets of $6.5M (revenue -25.6% year-over-year).
- 2021: Revenue of $497K, expenses of $570K, and assets of $6.8M (revenue +121.2% year-over-year).
- 2020: Revenue of $225K, expenses of $519K, and assets of $6.9M (revenue +33.1% year-over-year).
- 2019: Revenue of $169K, expenses of $474K, and assets of $7.1M (revenue -13.6% year-over-year).
- 2018: Revenue of $195K, expenses of $423K, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winfield And Frankie Payne Familyfoundation Trust:
Data Sources and Methodology
This transparency report for Winfield And Frankie Payne Familyfoundation 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.