Is Fred & Harriett Taylor Foundation Legit?…

Quick charity verification for Fred & Harriett Taylor Foundation (EIN: 166205365)

Spending Breakdown

How Fred & Harriett Taylor Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

25%

Admin Costs

Reasonable — admin costs in check

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 Fred & Harriett Taylor Foundation

Is Fred & Harriett Taylor Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Fred & Harriett Taylor Foundation (EIN: 166205365) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Fred & Harriett Taylor Foundation a good charity to donate to?

Fred & Harriett Taylor Foundation has a Mission Score of 75/100. Revenue: $2.8M. Assets: $8.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Fred & Harriett Taylor Foundation?

The Employer Identification Number (EIN) for Fred & Harriett Taylor Foundation is 166205365. 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 Fred & Harriett Taylor Foundation spend its money?

Fred & Harriett Taylor Foundation allocates 70% to programs, 25% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Fred & Harriett Taylor Foundation's tax-exempt status?

You can verify Fred & Harriett Taylor Foundation's tax-exempt status using EIN 166205365 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 Fred & Harriett Taylor Foundation appears to be a private foundation, given its consistent asset base and revenue patterns, which often derive from investment income rather than public donations. Its financial health shows a consistent decline in assets over the past few years, from $8,715,504 in 2021 to $8,175,047 in 2023, indicating that expenses have frequently outpaced revenue. For instance, in 2023, the foundation reported revenue of $415,727 against expenses of $558,985, resulting in a deficit. This trend of spending more than it earns is visible in multiple years, such as 2022 ($218,171 revenue vs. $615,286 expenses) and 2020 ($399,229 revenue vs. $529,147 expenses).

The organization demonstrates strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings, which is a positive indicator of resource allocation directly to its mission or operational costs rather than high salaries. However, without a detailed breakdown of expenses (e.g., program services vs. administrative vs. fundraising) in the provided data, it's challenging to fully assess spending efficiency. The consistent, minimal liabilities ($0 or $1) suggest sound financial management in terms of debt.

Overall, while the foundation maintains a healthy asset base relative to its annual expenses, the consistent trend of operating deficits warrants attention. Its transparency regarding executive compensation is excellent, but a more granular view of expense allocation would be necessary for a complete assessment of spending efficiency and program focus. The foundation's long-term sustainability depends on reversing the trend of asset depletion.

Is Fred & Harriett Taylor Foundation Legit?

Verdict: Fred & Harriett Taylor Foundation appears trustworthy

Red Flags

Strengths