Taylor Family Foundation Inc
Taylor Family Foundation's assets have declined by over 70% in a decade while maintaining zero officer compensation.
EIN: 201952426 · Louisville, KY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $15K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $649K |
| Transparency Score | 70/100 |
Is Taylor Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Taylor Family Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Taylor Family Foundation Inc
Taylor Family Foundation Inc (EIN: 201952426) is a nonprofit organization based in Louisville, KY, classified under NTEE code T20. The organization reported total revenue of $76K and total assets of $649K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taylor Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taylor Family Foundation Inc is a micro nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $15K |
| Surplus / Deficit | +$18K |
| Total Assets | $649K |
| Total Liabilities | $1 |
| Net Assets | $649K |
| Operating Margin | 55.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 533.1 months |
Financial Health Grade: A
In 2020, Taylor Family Foundation Inc reported a surplus of $18K with revenue exceeding expenses, holds 533.1 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 (2011–2020), Taylor Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +27.0% | -51.0% | +2.9% |
| 2019 | -61.8% | -83.4% | -64.3% |
| 2015 | -37.8% | -29.3% | -6.0% |
| 2014 | -6.3% | +57.9% | -7.0% |
| 2013 | +39.9% | -28.7% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Taylor Family Foundation Inc with a Mission Score of 70 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: 85%
- fundraising: 0%
According to IRS 990 filings, Taylor Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization with assets over $600,000.
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 Taylor Family Foundation Inc's IRS 990 filings:
- Significant and consistent decline in total assets over the past decade, from $2,235,764 in 2011 to $648,951 in 2020.
- Expenses frequently exceeding revenue in multiple periods (e.g., 2014, 2015, 2019), which is unsustainable long-term without a large endowment spend-down plan.
Strengths
The following positive indicators were identified for Taylor Family Foundation Inc:
- Consistently reports 0% officer compensation, indicating very low or no executive salary overhead.
- Extremely low liabilities ($1 across all filings), demonstrating strong financial solvency and no debt.
- Consistent filing of IRS Form 990s, providing a transparent financial history over multiple years.
Frequently Asked Questions about Taylor Family Foundation Inc
Is Taylor Family Foundation Inc a legitimate charity?
Taylor Family Foundation Inc (EIN: 201952426) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 70/100. It has 7 years of IRS 990 filings on record. Total revenue: $76K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Taylor Family Foundation Inc spend its money?
Taylor Family Foundation Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Taylor Family Foundation Inc tax-deductible?
Taylor Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201952426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Taylor Family Foundation Inc CEO make?
Taylor Family Foundation Inc's highest-compensated officer earns $600,000. annually. The organization reported $76K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Taylor Family Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Taylor Family Foundation Inc 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 Taylor Family Foundation Inc located?
Taylor Family Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 201952426. It is classified under NTEE code T20.
How many years of IRS 990 filings does Taylor Family Foundation Inc have?
Taylor Family Foundation Inc 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 $76K in total revenue.
Why have the organization's assets decreased so significantly over the past decade?
The assets have decreased from $2,235,764 in 2011 to $648,951 in 2020, likely due to expenses frequently exceeding revenue, indicating a spend-down strategy or significant grantmaking activities.
What are the primary programmatic activities or grants made by the Taylor Family Foundation Inc.?
The provided data does not detail specific programmatic activities or grant recipients, only the financial aggregates. Further investigation into the full 990 forms would be needed.
How does the organization sustain its operations with 0% officer compensation?
The organization likely relies on volunteer leadership or has its administrative functions covered by other means, given that no officer compensation is reported in any of the filings.
Filing History
IRS 990 filing history for Taylor Family Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Taylor Family Foundation Inc's revenue has grown by 16.6%, moving from $28K to $33K. Total assets decreased by 71% over the same period, from $2.2M to $649K. Total functional expenses fell by 93.5%, from $226K to $15K. In its most recent filing year (2020), Taylor Family Foundation Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $649K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $649K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $33K | $15K | $649K | $1 | — | View 990 |
| 2019 | $26K | $30K | $631K | $1 | — | View 990 |
| 2015 | $68K | $180K | $1.8M | $1 | — | View 990 |
| 2014 | $109K | $255K | $1.9M | $1 | — | View 990 |
| 2013 | $117K | $161K | $2.0M | $1 | — | View 990 |
| 2012 | $83K | $226K | $2.1M | $1 | — | View 990 |
| 2011 | $28K | $226K | $2.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $33K, expenses of $15K, and assets of $649K (revenue +27.0% year-over-year).
- 2019: Revenue of $26K, expenses of $30K, and assets of $631K (revenue -61.8% year-over-year).
- 2015: Revenue of $68K, expenses of $180K, and assets of $1.8M (revenue -37.8% year-over-year).
- 2014: Revenue of $109K, expenses of $255K, and assets of $1.9M (revenue -6.3% year-over-year).
- 2013: Revenue of $117K, expenses of $161K, and assets of $2.0M (revenue +39.9% year-over-year).
- 2012: Revenue of $83K, expenses of $226K, and assets of $2.1M (revenue +195.0% year-over-year).
- 2011: Revenue of $28K, expenses of $226K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taylor Family Foundation Inc:
Data Sources and Methodology
This transparency report for Taylor Family 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.