Greater Taylor Foundation

Nonprofit profile at a glance

EIN
873682838
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Taylor, TX, USA
Phone
5127630779
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$451,993
Expenses
$268,770
Assets
$1,372,228
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • ROSEMARY HAUSER (VICE PRESIDENT)

People named in this filing

  • DIANA PHILLIPS (BOARD CHAIR)
  • ROSEMARY HAUSER (VICE PRESIDENT)
  • SAM DOWDY (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the quality of life in the taylor, tx area through the development of philanthropic giving, responsible grant making, professional stewardship and collaborative leadership.

What it reported doing in 2024

Community connections & collaborations, economic wellbeing, food insecurity, housing, mental health, childcare and early education. Key aspects of the impact councils:1. Community needs assessment: in addition to the cna, each council conducts thorough assessments around the barriers within the community.2. Community engagement: they work closely with local organizations, residents, and stakeholders to develop and implement solutions.3. Grant-making: the councils will oversee the distribution of grants to support projects and initiatives that align with their focus areas.these councils ensure that the foundation's efforts are targeted and effective, making a meaningful impact on the community. This initiative aims to foster community development and ensure that taylor remains a great place to live. In addition to the collective impact work, the foundation conducts give taylor, an online giving campaign held on the tuesday after thanksgiving for all 501(c)(3) organizations in taylor as part of the global giving tuesday movement.the foundation convenes the community around key issues, working collaboratively and with diverse stakeholders including nonprofits, institutions, higher ed, faith based, business and residents to provide positive lasting change for a brighter future for all who live in taylor. In 2024, the foundation hosted 113 convenings, engaging 1,185 participants.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 78
  • Accountability: 88
  • Sustainability: 82
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.5%; rating input score 59
  • Program expense ratio: 86.2%; rating input score 86
  • Fundraising efficiency: $436.64 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 54.3%; rating input score 54; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 40.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 5.11; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 62.1% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -89.3% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 20.1% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 59.5% of revenue deployed · 86.2% of spending went to programs
  • Governance: 15 of 15 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $232K in reported program spending
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • Review — Transparency & Controls: Grant itemization coverage scored 54/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.