Bailey Taylor Foundation Scholarship Trust
EIN: 270505313 · Farmington, CT · NTEE: B82
Is Bailey Taylor Foundation Scholarship Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bailey Taylor Foundation Scholarship Trust
Bailey Taylor Foundation Scholarship Trust (EIN: 270505313) is a nonprofit organization based in Farmington, CT, classified under NTEE code B82. The organization reported total revenue of $434K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bailey Taylor Foundation Scholarship Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Bailey Taylor Foundation Scholarship Trust has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bailey Taylor Foundation Scholarship Trust with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Bailey Taylor Foundation Scholarship Trust
Is Bailey Taylor Foundation Scholarship Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Bailey Taylor Foundation Scholarship Trust (EIN: 270505313) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bailey Taylor Foundation Scholarship Trust spend its money?
Detailed spending breakdown data is not yet available for Bailey Taylor Foundation Scholarship Trust. Check back for updated IRS 990 analysis.
Are donations to Bailey Taylor Foundation Scholarship Trust tax-deductible?
Bailey Taylor Foundation Scholarship Trust is registered as a tax-exempt nonprofit (EIN: 270505313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Bailey Taylor Foundation Scholarship Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Bailey Taylor Foundation Scholarship Trust's revenue has grown by 194.9%, moving from $33K to $96K. Total assets increased by 13.5% over the same period, from $921K to $1.0M. Total functional expenses rose by 21.3%, from $56K to $68K. In its most recent filing year (2024), Bailey Taylor Foundation Scholarship Trust reported a surplus of $28K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $96K | $68K | $1.0M | $1 | — | — |
| 2023 | $54K | $78K | $973K | $1 | — | View 990 |
| 2022 | $76K | $75K | $898K | $1 | — | — |
| 2021 | $84K | $73K | $1.2M | $1 | — | — |
| 2020 | $32K | $53K | $954K | $15K | — | View 990 |
| 2015 | $97K | $85K | $1.0M | $1 | — | View 990 |
| 2014 | $70K | $84K | $1.0M | $86 | — | View 990 |
| 2013 | $127K | $63K | $964K | $287 | — | View 990 |
| 2012 | $33K | $56K | $921K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $96K, expenses of $68K, and assets of $1.0M (revenue +76.6% year-over-year).
- 2023: Revenue of $54K, expenses of $78K, and assets of $973K (revenue -28.4% year-over-year).
- 2022: Revenue of $76K, expenses of $75K, and assets of $898K (revenue -9.6% year-over-year).
- 2021: Revenue of $84K, expenses of $73K, and assets of $1.2M (revenue +159.8% year-over-year).
- 2020: Revenue of $32K, expenses of $53K, and assets of $954K (revenue -66.5% year-over-year).
- 2015: Revenue of $97K, expenses of $85K, and assets of $1.0M (revenue +38.2% year-over-year).
- 2014: Revenue of $70K, expenses of $84K, and assets of $1.0M (revenue -44.8% year-over-year).
- 2013: Revenue of $127K, expenses of $63K, and assets of $964K (revenue +288.2% year-over-year).
- 2012: Revenue of $33K, expenses of $56K, and assets of $921K.
Data Sources and Methodology
This transparency report for Bailey Taylor Foundation Scholarship 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.