Corporate Tax Foundation
EIN: 274544039 · Phoenix, AZ · NTEE: B12
Is Corporate Tax Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corporate Tax Foundation
Corporate Tax Foundation (EIN: 274544039) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B12. The organization reported total revenue of $13.0M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corporate Tax Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corporate Tax Foundation is a large nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $854K |
| Total Expenses | $348K |
| Surplus / Deficit | +$506K |
| Total Assets | $6.1M |
| Total Liabilities | $3.8M |
| Net Assets | $2.3M |
| Operating Margin | 59.3% |
| Debt-to-Asset Ratio | 61.5% |
| Months of Reserves | 210.3 months |
Financial Health Grade: A
In 2023, Corporate Tax Foundation reported a surplus of $506K with revenue exceeding expenses, holds 210.3 months of operating reserves (strong position), has a debt-to-asset ratio of 61.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Corporate Tax Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.7% | -71.0% | +3.9% |
| 2022 | -29.6% | +27.4% | +9.0% |
| 2021 | +25.1% | -16.3% | +22.2% |
| 2020 | +63.6% | +37.5% | +17.5% |
| 2019 | +18.3% | +20.9% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corporate Tax Foundation 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 Corporate Tax Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $506K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.5%.
Frequently Asked Questions about Corporate Tax Foundation
Is Corporate Tax Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Corporate Tax Foundation (EIN: 274544039) insufficient data. 0 red flags identified, 0 strengths noted.
How does Corporate Tax Foundation spend its money?
Detailed spending breakdown data is not yet available for Corporate Tax Foundation. Check back for updated IRS 990 analysis.
Are donations to Corporate Tax Foundation tax-deductible?
Corporate Tax Foundation is registered as a tax-exempt nonprofit (EIN: 274544039). 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 Corporate Tax Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Corporate Tax Foundation's revenue has grown by 753.6%, moving from $100K to $854K. Total assets increased by 10857% over the same period, from $56K to $6.1M. Total functional expenses rose by 567%, from $52K to $348K. In its most recent filing year (2023), Corporate Tax Foundation reported a surplus of $506K, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $6.1M in assets (debt-to-asset ratio: 61.5%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $854K | $348K | $6.1M | $3.8M | — | — |
| 2022 | $1.2M | $1.2M | $5.9M | $4.2M | — | View 990 |
| 2021 | $1.7M | $940K | $5.4M | $3.7M | — | — |
| 2020 | $1.4M | $1.1M | $4.4M | $3.5M | — | View 990 |
| 2019 | $842K | $817K | $3.7M | $3.1M | — | View 990 |
| 2018 | $712K | $676K | $3.4M | $2.9M | — | View 990 |
| 2017 | $933K | $1.2M | $3.4M | $2.9M | — | — |
| 2016 | $1.0M | $1.1M | $3.0M | $2.2M | — | View 990 |
| 2015 | $1.5M | $1.3M | $2.5M | $1.6M | — | View 990 |
| 2014 | $350K | $584K | $1.4M | $733K | — | View 990 |
| 2013 | $1.0M | $390K | $1.4M | $442K | — | View 990 |
| 2012 | $550K | $294K | $451K | $147K | — | View 990 |
| 2011 | $100K | $52K | $56K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $854K, expenses of $348K, and assets of $6.1M (revenue -29.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $5.9M (revenue -29.6% year-over-year).
- 2021: Revenue of $1.7M, expenses of $940K, and assets of $5.4M (revenue +25.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $4.4M (revenue +63.6% year-over-year).
- 2019: Revenue of $842K, expenses of $817K, and assets of $3.7M (revenue +18.3% year-over-year).
- 2018: Revenue of $712K, expenses of $676K, and assets of $3.4M (revenue -23.8% year-over-year).
- 2017: Revenue of $933K, expenses of $1.2M, and assets of $3.4M (revenue -6.7% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $3.0M (revenue -33.3% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $2.5M (revenue +328.6% year-over-year).
- 2014: Revenue of $350K, expenses of $584K, and assets of $1.4M (revenue -66.0% year-over-year).
- 2013: Revenue of $1.0M, expenses of $390K, and assets of $1.4M (revenue +87.3% year-over-year).
- 2012: Revenue of $550K, expenses of $294K, and assets of $451K (revenue +450.0% year-over-year).
- 2011: Revenue of $100K, expenses of $52K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corporate Tax Foundation:
Data Sources and Methodology
This transparency report for Corporate Tax Foundation 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.