Quick charity verification for David V N Taylor Foundation (EIN: 206020415)
Verdict: David V N Taylor Foundation shows mixed signals
60/100Mission Score
$686KRevenue
$733KAssets
3Red Flags
2Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue in most years)
Significant decline in assets over time (from $1.6M in 2011 to $701K in 2023)
Reliance on asset drawdowns to cover operational costs
Strengths
No reported officer compensation, indicating low administrative overhead for leadership
No reported liabilities across multiple years, suggesting good debt management
Spending Breakdown
How David V N Taylor Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 David V N Taylor Foundation
Is David V N Taylor Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, David V N Taylor Foundation (EIN: 206020415) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is David V N Taylor Foundation a good charity to donate to?
David V N Taylor Foundation has a Mission Score of 60/100. Revenue: $686K. Assets: $733K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for David V N Taylor Foundation?
The Employer Identification Number (EIN) for David V N Taylor Foundation is 206020415. 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 David V N Taylor Foundation spend its money?
David V N Taylor Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify David V N Taylor Foundation's tax-exempt status?
You can verify David V N Taylor Foundation's tax-exempt status using EIN 206020415 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 David V N Taylor Foundation exhibits a concerning trend of consistent deficit spending, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $339,283 against revenues of $174,086, and in 2022, expenses were $368,431 against revenues of $262,742. This pattern has led to a significant decline in assets over time, from $1,610,460 in 2011 to $701,084 in 2023. While the organization reports 0% officer compensation, which is a positive indicator for minimizing administrative overhead, the overall financial health is challenged by its inability to cover operational costs with incoming revenue.
The foundation's financial sustainability is questionable given its reliance on drawing down assets to fund operations. The consistent decrease in assets suggests that the current operational model is not viable in the long term without a substantial increase in revenue or a significant reduction in expenses. The lack of reported liabilities across multiple years is a positive sign of fiscal responsibility in managing debt, but it doesn't offset the underlying issue of asset depletion. Further analysis of the specific program activities and their impact would be necessary to fully assess the efficiency of the spending, but the financial trends alone raise concerns about its long-term viability and impact capacity.