Taft Foundation
Taft Foundation maintains substantial assets and reports zero officer compensation amidst fluctuating revenues.
EIN: 201232852 · Fort Lauderdale, FL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $63.7M |
| Total Expenses | $13.3M |
| Program Spending | 90% |
| Net Assets | $220.9M |
| Transparency Score | 95/100 |
Search Intent Cockpit
Taft Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Taft Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Taft Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $9.6M and expenses of $13.3M.
Revenue and Expenses
Taft Foundation reported $9.6M in revenue and $13.3M in expenses, a deficit of $3.8M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
95/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Taft Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $12.0M (90%) |
Across stored filings, Taft Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Fort Lauderdale, FL nonprofitsPhilanthropy in Florida
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Taft Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Taft Foundation
Taft Foundation (EIN: 201232852) is a nonprofit organization based in Fort Lauderdale, FL, classified under NTEE code T20. The organization reported total revenue of $63.7M and total assets of $240.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taft Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taft Foundation is a major nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.6M |
| Total Expenses | $13.3M |
| Surplus / Deficit | $-3,758,805 |
| Total Assets | $220.9M |
| Total Liabilities | $1 |
| Net Assets | $220.9M |
| Operating Margin | -39.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 198.6 months |
Financial Health Grade: B
In 2023, Taft Foundation reported a deficit of $3.8M with expenses exceeding revenue, holds 198.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Taft Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.7% | -2.6% | +10.7% |
| 2022 | -19.5% | +11.7% | +11.0% |
| 2021 | +371.7% | -0.6% | +5.3% |
| 2020 | +1.9% | +9.8% | +2.2% |
| 2019 | +18.6% | -1.2% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Taft Foundation with a Mission Score of 95 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Taft Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $3.8M, with expenses exceeding revenue.
- 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. This is highly commendable and suggests that resources are fully directed towards the foundation's mission rather than administrative salaries.
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.
Strengths
The following positive indicators were identified for Taft Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Significant growth in assets from $21.3 million in 2011 to $239.9 million currently.
- Very low liabilities reported ($1 in recent years), indicating sound financial management.
- Consistent filing of IRS 990s, demonstrating strong transparency.
Frequently Asked Questions about Taft Foundation
Is Taft Foundation a legitimate charity?
Taft Foundation (EIN: 201232852) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $63.7M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Taft Foundation spend its money?
Taft Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Taft Foundation tax-deductible?
Taft Foundation is registered as a tax-exempt nonprofit (EIN: 201232852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Taft Foundation's spending goes to programs?
Taft Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Taft Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Taft Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Taft Foundation located?
Taft Foundation is headquartered in Fort Lauderdale, Florida and files with the IRS under EIN 201232852. It is classified under NTEE code T20.
How many years of IRS 990 filings does Taft Foundation have?
Taft Foundation has 10 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 $63.7M in total revenue.
Is Taft Foundation a good charity?
Based on the available IRS 990 data, Taft Foundation appears to be a very good charity. It demonstrates strong financial health with substantial and growing assets, very low liabilities, and a remarkable commitment to efficiency by reporting zero officer compensation. This suggests that the vast majority of its resources are directed towards its programmatic goals.
How has Taft Foundation's asset base changed over time?
Taft Foundation's assets have grown substantially over the past decade, from $21,327,282 in 2011 to $239,983,928 currently, indicating strong financial growth and stewardship.
What is the trend in Taft Foundation's revenue?
Taft Foundation's revenue has been highly variable, with a peak of $108,627,436 in 2012, followed by periods of lower revenue, and more recently $9,589,359 in 2023. This fluctuation is not uncommon for foundations that may receive large, infrequent contributions or investment gains.
Filing History
IRS 990 filing history for Taft Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Taft Foundation's revenue has grown by 369.7%, moving from $2.0M to $9.6M. Total assets increased by 935.9% over the same period, from $21.3M to $220.9M. Total functional expenses rose by 927.3%, from $1.3M to $13.3M. In its most recent filing year (2023), Taft Foundation reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $220.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $220.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $13.3M | $220.9M | $1 | — | View 990 |
| 2022 | $16.2M | $13.7M | $199.6M | $1 | — | View 990 |
| 2021 | $20.1M | $12.3M | $179.7M | $1 | — | View 990 |
| 2020 | $4.3M | $12.3M | $170.6M | $1 | — | View 990 |
| 2019 | $4.2M | $11.2M | $167.0M | $0 | — | View 990 |
| 2015 | $3.5M | $11.4M | $175.5M | $0 | — | View 990 |
| 2014 | $28.3M | $4.5M | $183.4M | $0 | — | View 990 |
| 2013 | $41.2M | $3.5M | $159.5M | $0 | — | View 990 |
| 2012 | $108.6M | $8.2M | $121.8M | $0 | — | View 990 |
| 2011 | $2.0M | $1.3M | $21.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $13.3M, and assets of $220.9M (revenue -40.7% year-over-year).
- 2022: Revenue of $16.2M, expenses of $13.7M, and assets of $199.6M (revenue -19.5% year-over-year).
- 2021: Revenue of $20.1M, expenses of $12.3M, and assets of $179.7M (revenue +371.7% year-over-year).
- 2020: Revenue of $4.3M, expenses of $12.3M, and assets of $170.6M (revenue +1.9% year-over-year).
- 2019: Revenue of $4.2M, expenses of $11.2M, and assets of $167.0M (revenue +18.6% year-over-year).
- 2015: Revenue of $3.5M, expenses of $11.4M, and assets of $175.5M (revenue -87.6% year-over-year).
- 2014: Revenue of $28.3M, expenses of $4.5M, and assets of $183.4M (revenue -31.3% year-over-year).
- 2013: Revenue of $41.2M, expenses of $3.5M, and assets of $159.5M (revenue -62.1% year-over-year).
- 2012: Revenue of $108.6M, expenses of $8.2M, and assets of $121.8M (revenue +5220.9% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.3M, and assets of $21.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taft Foundation:
Data Sources and Methodology
This transparency report for Taft 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.