Earnest W Taggart Tr Testamentary
EIN: 636076749 · Birmingham, AL
| Metric | Value |
|---|---|
| Total Revenue | $52K |
| Total Expenses | $21K |
| Net Assets | $301K |
Is Earnest W Taggart Tr Testamentary Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Earnest W Taggart Tr Testamentary
Earnest W Taggart Tr Testamentary (EIN: 636076749) is a nonprofit organization based in Birmingham, AL. The organization reported total revenue of $52K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Earnest W Taggart Tr Testamentary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Earnest W Taggart Tr Testamentary is a micro nonprofit, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $21K |
| Surplus / Deficit | $-5,993 |
| Total Assets | $301K |
| Total Liabilities | $1 |
| Net Assets | $301K |
| Operating Margin | -40.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.3 months |
Financial Health Grade: B
In 2023, Earnest W Taggart Tr Testamentary reported a deficit of $6K with expenses exceeding revenue, holds 172.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Earnest W Taggart Tr Testamentary's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.1% | -11.6% | -1.9% |
| 2022 | -70.4% | +4.2% | -4.2% |
| 2021 | +161.7% | +4.2% | +4.0% |
| 2020 | -6.1% | +11.3% | -2.7% |
| 2019 | -33.6% | -1.2% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Earnest W Taggart Tr Testamentary 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 Earnest W Taggart Tr Testamentary 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 deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Earnest W Taggart Tr Testamentary
Is Earnest W Taggart Tr Testamentary a legitimate charity?
Earnest W Taggart Tr Testamentary (EIN: 636076749) is a registered tax-exempt nonprofit based in Alabama. It has 7 years of IRS 990 filings on record. Total revenue: $52K. No red flags identified. Financial health grade: B.
How does Earnest W Taggart Tr Testamentary spend its money?
Earnest W Taggart Tr Testamentary reported $52K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Earnest W Taggart Tr Testamentary tax-deductible?
Earnest W Taggart Tr Testamentary is registered as a tax-exempt nonprofit (EIN: 636076749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Earnest W Taggart Tr Testamentary located?
Earnest W Taggart Tr Testamentary is headquartered in Birmingham, Alabama and files with the IRS under EIN 636076749.
How many years of IRS 990 filings does Earnest W Taggart Tr Testamentary have?
Earnest W Taggart Tr Testamentary has 7 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 $52K in total revenue.
Filing History
IRS 990 filing history for Earnest W Taggart Tr Testamentary showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Earnest W Taggart Tr Testamentary's revenue has declined by 49.9%, moving from $30K to $15K. Total assets decreased by 9.1% over the same period, from $332K to $301K. Total functional expenses rose by 30.3%, from $16K to $21K. In its most recent filing year (2023), Earnest W Taggart Tr Testamentary reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $301K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $301K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $21K | $301K | $1 | — | — |
| 2022 | $10K | $24K | $307K | $1 | — | — |
| 2021 | $35K | $23K | $321K | $1 | — | — |
| 2020 | $13K | $22K | $308K | $1 | — | — |
| 2019 | $14K | $20K | $317K | $1 | — | View 990 |
| 2015 | $22K | $20K | $337K | $0 | — | View 990 |
| 2014 | $30K | $16K | $332K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $21K, and assets of $301K (revenue +44.1% year-over-year).
- 2022: Revenue of $10K, expenses of $24K, and assets of $307K (revenue -70.4% year-over-year).
- 2021: Revenue of $35K, expenses of $23K, and assets of $321K (revenue +161.7% year-over-year).
- 2020: Revenue of $13K, expenses of $22K, and assets of $308K (revenue -6.1% year-over-year).
- 2019: Revenue of $14K, expenses of $20K, and assets of $317K (revenue -33.6% year-over-year).
- 2015: Revenue of $22K, expenses of $20K, and assets of $337K (revenue -28.0% year-over-year).
- 2014: Revenue of $30K, expenses of $16K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Earnest W Taggart Tr Testamentary:
Data Sources and Methodology
This transparency report for Earnest W Taggart Tr Testamentary 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.