J T Tai & Co Foundation Inc
J T Tai & Co Foundation Inc maintains substantial assets and consistent expenses with no reported officer compensation.
EIN: 133157279 · Little Neck, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $44.0M |
| Total Expenses | $8.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $128.7M |
| Transparency Score | 85/100 |
Is J T Tai & Co Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J T Tai & Co Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J T Tai & Co Foundation Inc
J T Tai & Co Foundation Inc (EIN: 133157279) is a nonprofit organization based in Little Neck, NY. The organization reported total revenue of $44.0M and total assets of $124.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J T Tai & Co Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J T Tai & Co Foundation Inc is a large nonprofit that has been operating for 43 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.3M |
| Total Expenses | $8.3M |
| Surplus / Deficit | +$9.0M |
| Total Assets | $128.7M |
| Total Liabilities | $50K |
| Net Assets | $128.7M |
| Operating Margin | 52.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 186.6 months |
Financial Health Grade: A
In 2023, J T Tai & Co Foundation Inc reported a surplus of $9.0M with revenue exceeding expenses, holds 186.6 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), J T Tai & Co Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -10.1% | +7.4% |
| 2022 | +76.5% | +14.5% | +12.9% |
| 2021 | +299.0% | -11.6% | +5.0% |
| 2020 | -44.6% | -0.4% | -5.5% |
| 2019 | -71.6% | +32.9% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 J T Tai & Co Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, J T Tai & Co Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $9.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets exceeding $100 million.
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 J T Tai & Co Foundation Inc's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of specific programmatic focus.
- Significant fluctuations in annual revenue, suggesting potential reliance on volatile investment returns or large, infrequent donations.
Strengths
The following positive indicators were identified for J T Tai & Co Foundation Inc:
- Strong and growing asset base, exceeding $128 million in 2023, providing long-term financial stability.
- Consistent history of IRS 990 filings, indicating good transparency practices.
- No reported officer compensation across all filings, suggesting high efficiency and dedication of resources to the mission.
- Expenses are consistently lower than revenue in most years, leading to asset growth.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $50,095 liabilities vs. $128,749,618 assets in 2023).
Frequently Asked Questions about J T Tai & Co Foundation Inc
Is J T Tai & Co Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, J T Tai & Co Foundation Inc (EIN: 133157279) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does J T Tai & Co Foundation Inc spend its money?
J T Tai & Co Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to J T Tai & Co Foundation Inc tax-deductible?
J T Tai & Co Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133157279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the J T Tai & Co Foundation Inc CEO make?
J T Tai & Co Foundation Inc's highest-compensated officer earns $100 annually. The organization reported $44.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of J T Tai & Co Foundation Inc's spending goes to programs?
J T Tai & Co Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is J T Tai & Co Foundation Inc located?
J T Tai & Co Foundation Inc is headquartered in Little Neck, New York and files with the IRS under EIN 133157279.
How many years of IRS 990 filings does J T Tai & Co Foundation Inc have?
J T Tai & Co Foundation Inc 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 $44.0M in total revenue.
Is J T Tai & Co Foundation Inc a good charity?
Based on the available financial data, the foundation appears to be a financially sound organization with substantial assets ($128,749,618 in 2023) and a history of consistent operations. The absence of reported officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How does J T Tai & Co Foundation Inc manage its expenses?
The foundation has maintained relatively stable expenses, typically between $6 million and $9 million annually, despite fluctuating revenues. This suggests a disciplined approach to spending and operational costs.
What is the trend in J T Tai & Co Foundation Inc's assets?
The foundation's assets have shown consistent growth over the long term, increasing from $76,737,033 in 2011 to $128,749,618 in 2023, indicating strong financial management and investment performance.
Filing History
IRS 990 filing history for J T Tai & Co Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), J T Tai & Co Foundation Inc's revenue has declined by 51%, moving from $35.3M to $17.3M. Total assets increased by 67.8% over the same period, from $76.7M to $128.7M. Total functional expenses rose by 34%, from $6.2M to $8.3M. In its most recent filing year (2023), J T Tai & Co Foundation Inc reported a surplus of $9.0M, with revenue exceeding expenses. The organization holds $50K in liabilities against $128.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $128.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.3M | $8.3M | $128.7M | $50K | — | View 990 |
| 2022 | $22.9M | $9.2M | $119.8M | $190K | — | View 990 |
| 2021 | $12.9M | $8.0M | $106.2M | $168K | — | View 990 |
| 2020 | $3.2M | $9.1M | $101.2M | $46K | — | View 990 |
| 2019 | $5.9M | $9.1M | $107.0M | $45K | — | View 990 |
| 2014 | $20.6M | $6.9M | $111.7M | $120K | — | View 990 |
| 2013 | $25.7M | $6.2M | $98.4M | $526K | — | View 990 |
| 2012 | $8.8M | $6.6M | $78.6M | $226K | — | View 990 |
| 2011 | $35.3M | $6.2M | $76.7M | $529K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.3M, expenses of $8.3M, and assets of $128.7M (revenue -24.2% year-over-year).
- 2022: Revenue of $22.9M, expenses of $9.2M, and assets of $119.8M (revenue +76.5% year-over-year).
- 2021: Revenue of $12.9M, expenses of $8.0M, and assets of $106.2M (revenue +299.0% year-over-year).
- 2020: Revenue of $3.2M, expenses of $9.1M, and assets of $101.2M (revenue -44.6% year-over-year).
- 2019: Revenue of $5.9M, expenses of $9.1M, and assets of $107.0M (revenue -71.6% year-over-year).
- 2014: Revenue of $20.6M, expenses of $6.9M, and assets of $111.7M (revenue -19.8% year-over-year).
- 2013: Revenue of $25.7M, expenses of $6.2M, and assets of $98.4M (revenue +193.4% year-over-year).
- 2012: Revenue of $8.8M, expenses of $6.6M, and assets of $78.6M (revenue -75.2% year-over-year).
- 2011: Revenue of $35.3M, expenses of $6.2M, and assets of $76.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J T Tai & Co Foundation Inc:
Data Sources and Methodology
This transparency report for J T Tai & Co Foundation Inc 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.