Taylor Group Foundation Inc
EIN: 272935278 · Winston Salem, NC · NTEE: N31
| Metric | Value |
|---|---|
| Total Revenue | $385K |
| Total Expenses | $442K |
| Net Assets | $2.0M |
Is Taylor Group Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Taylor Group Foundation Inc
Taylor Group Foundation Inc (EIN: 272935278) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code N31. The organization reported total revenue of $385K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taylor Group Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taylor Group Foundation Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $442K |
| Surplus / Deficit | $-62,794 |
| Total Assets | $2.0M |
| Total Liabilities | $75K |
| Net Assets | $2.0M |
| Operating Margin | -16.5% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 55.0 months |
Financial Health Grade: B
In 2023, Taylor Group Foundation Inc reported a deficit of $63K with expenses exceeding revenue, holds 55.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Taylor Group Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | +7.2% | -2.8% |
| 2022 | +8.2% | -3.0% | -1.2% |
| 2021 | +4.7% | +4.7% | -1.7% |
| 2020 | -3.5% | -9.8% | -2.3% |
| 2019 | +3.3% | +1.5% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Taylor Group Foundation Inc 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 Taylor Group Foundation Inc 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 $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.7%.
Frequently Asked Questions about Taylor Group Foundation Inc
Is Taylor Group Foundation Inc a legitimate charity?
Taylor Group Foundation Inc (EIN: 272935278) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $385K. No red flags identified. Financial health grade: B.
How does Taylor Group Foundation Inc spend its money?
Taylor Group Foundation Inc reported $385K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Taylor Group Foundation Inc tax-deductible?
Taylor Group Foundation Inc is registered as a tax-exempt nonprofit (EIN: 272935278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Taylor Group Foundation Inc located?
Taylor Group Foundation Inc is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 272935278. It is classified under NTEE code N31.
How many years of IRS 990 filings does Taylor Group Foundation Inc have?
Taylor Group Foundation Inc has 12 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 $385K in total revenue.
Filing History
IRS 990 filing history for Taylor Group Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Taylor Group Foundation Inc's revenue has declined by 85.9%, moving from $2.7M to $380K. Total assets decreased by 24.2% over the same period, from $2.7M to $2.0M. Total functional expenses rose by 360.4%, from $96K to $442K. In its most recent filing year (2023), Taylor Group Foundation Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $75K in liabilities against $2.0M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $380K | $442K | $2.0M | $75K | — | — |
| 2022 | $408K | $413K | $2.1M | $75K | — | View 990 |
| 2021 | $377K | $425K | $2.1M | $86K | — | View 990 |
| 2020 | $360K | $406K | $2.1M | $73K | — | View 990 |
| 2019 | $373K | $450K | $2.2M | $78K | — | View 990 |
| 2018 | $361K | $444K | $2.3M | $91K | — | View 990 |
| 2017 | $372K | $441K | $2.4M | $79K | — | View 990 |
| 2015 | $457K | $422K | $2.5M | $80K | — | View 990 |
| 2014 | $346K | $409K | $2.4M | $83K | — | View 990 |
| 2013 | $319K | $408K | $2.5M | $80K | — | View 990 |
| 2012 | $314K | $414K | $2.6M | $88K | — | View 990 |
| 2011 | $2.7M | $96K | $2.7M | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $380K, expenses of $442K, and assets of $2.0M (revenue -6.9% year-over-year).
- 2022: Revenue of $408K, expenses of $413K, and assets of $2.1M (revenue +8.2% year-over-year).
- 2021: Revenue of $377K, expenses of $425K, and assets of $2.1M (revenue +4.7% year-over-year).
- 2020: Revenue of $360K, expenses of $406K, and assets of $2.1M (revenue -3.5% year-over-year).
- 2019: Revenue of $373K, expenses of $450K, and assets of $2.2M (revenue +3.3% year-over-year).
- 2018: Revenue of $361K, expenses of $444K, and assets of $2.3M (revenue -2.9% year-over-year).
- 2017: Revenue of $372K, expenses of $441K, and assets of $2.4M (revenue -18.5% year-over-year).
- 2015: Revenue of $457K, expenses of $422K, and assets of $2.5M (revenue +31.9% year-over-year).
- 2014: Revenue of $346K, expenses of $409K, and assets of $2.4M (revenue +8.5% year-over-year).
- 2013: Revenue of $319K, expenses of $408K, and assets of $2.5M (revenue +1.7% year-over-year).
- 2012: Revenue of $314K, expenses of $414K, and assets of $2.6M (revenue -88.3% year-over-year).
- 2011: Revenue of $2.7M, expenses of $96K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taylor Group Foundation Inc:
Data Sources and Methodology
This transparency report for Taylor Group 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.