David V N Taylor Foundation
David V N Taylor Foundation consistently spends more than it earns, depleting assets by over 50% since 2011.
EIN: 206020415 · Wilmington, DE · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $686K |
| Total Expenses | $339K |
| Program Spending | 80% |
| Net Assets | $701K |
| Transparency Score | 60/100 |
Is David V N Taylor Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David V N Taylor Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David V N Taylor Foundation
David V N Taylor Foundation (EIN: 206020415) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T21. The organization reported total revenue of $686K and total assets of $733K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David V N Taylor Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David V N Taylor Foundation is a small nonprofit that has been operating for 23 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $174K |
| Total Expenses | $339K |
| Surplus / Deficit | $-165,197 |
| Total Assets | $701K |
| Total Liabilities | $1 |
| Net Assets | $701K |
| Operating Margin | -94.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.8 months |
Financial Health Grade: B
In 2023, David V N Taylor Foundation reported a deficit of $165K with expenses exceeding revenue, holds 24.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), David V N Taylor Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | -7.9% | -18.5% |
| 2022 | +35.6% | +21.7% | -9.9% |
| 2021 | +184.2% | +65.6% | -16.4% |
| 2019 | -9.5% | +8.1% | -24.1% |
| 2015 | -60.2% | +8.7% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 David V N Taylor Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, David V N Taylor Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly efficient for administrative costs.
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 David V N Taylor Foundation's IRS 990 filings:
- 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
The following positive indicators were identified for David V N Taylor Foundation:
- No reported officer compensation, indicating low administrative overhead for leadership
- No reported liabilities across multiple years, suggesting good debt management
Frequently Asked Questions about David V N Taylor Foundation
Is David V N Taylor Foundation a legitimate charity?
David V N Taylor Foundation (EIN: 206020415) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 60/100. It has 9 years of IRS 990 filings on record. Total revenue: $686K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does David V N Taylor Foundation spend its money?
David V N Taylor Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to David V N Taylor Foundation tax-deductible?
David V N Taylor Foundation is registered as a tax-exempt nonprofit (EIN: 206020415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of David V N Taylor Foundation's spending goes to programs?
David V N Taylor Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does David V N Taylor Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), David V N Taylor Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is David V N Taylor Foundation located?
David V N Taylor Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 206020415. It is classified under NTEE code T21.
How many years of IRS 990 filings does David V N Taylor Foundation have?
David V N Taylor Foundation has 9 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 $686K in total revenue.
Is the David V N Taylor Foundation financially sustainable?
Based on the consistent trend of expenses exceeding revenue and the significant decline in assets from $1,610,460 in 2011 to $701,084 in 2023, the foundation's current financial model does not appear sustainable in the long term.
What is causing the consistent decline in assets?
The decline in assets is primarily due to the foundation consistently spending more than it generates in revenue. For example, in 2023, expenses were $339,283 while revenue was only $174,086.
Does the foundation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that officers are not paid salaries by the foundation.
Filing History
IRS 990 filing history for David V N Taylor Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), David V N Taylor Foundation's revenue has grown by 109%, moving from $83K to $174K. Total assets decreased by 56.5% over the same period, from $1.6M to $701K. Total functional expenses rose by 202.9%, from $112K to $339K. In its most recent filing year (2023), David V N Taylor Foundation reported a deficit of $165K, with expenses exceeding revenue. The organization holds $1 in liabilities against $701K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $701K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $174K | $339K | $701K | $1 | — | — |
| 2022 | $263K | $368K | $860K | $1 | — | View 990 |
| 2021 | $194K | $303K | $955K | $1 | — | View 990 |
| 2019 | $68K | $183K | $1.1M | $0 | — | View 990 |
| 2015 | $75K | $169K | $1.5M | $0 | — | View 990 |
| 2014 | $189K | $156K | $1.6M | $0 | — | View 990 |
| 2013 | $109K | $131K | $1.6M | $0 | — | View 990 |
| 2012 | $98K | $123K | $1.6M | $0 | — | View 990 |
| 2011 | $83K | $112K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $174K, expenses of $339K, and assets of $701K (revenue -33.7% year-over-year).
- 2022: Revenue of $263K, expenses of $368K, and assets of $860K (revenue +35.6% year-over-year).
- 2021: Revenue of $194K, expenses of $303K, and assets of $955K (revenue +184.2% year-over-year).
- 2019: Revenue of $68K, expenses of $183K, and assets of $1.1M (revenue -9.5% year-over-year).
- 2015: Revenue of $75K, expenses of $169K, and assets of $1.5M (revenue -60.2% year-over-year).
- 2014: Revenue of $189K, expenses of $156K, and assets of $1.6M (revenue +74.3% year-over-year).
- 2013: Revenue of $109K, expenses of $131K, and assets of $1.6M (revenue +10.9% year-over-year).
- 2012: Revenue of $98K, expenses of $123K, and assets of $1.6M (revenue +17.6% year-over-year).
- 2011: Revenue of $83K, expenses of $112K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David V N Taylor Foundation:
Data Sources and Methodology
This transparency report for David V N Taylor 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.