TAK Foundation

Nonprofit profile at a glance

EIN
263093258
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Charlotte, NC, USA
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Patient Services - Entertainment, Recreation

Reported finances

Revenue
$68,282
Expenses
$31,015
Assets
$229,022
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Julia Kowick (President - Director)
  • Margaret Halleland (Vice President - Director)
  • Marcia Coale (Vice President - Director)

People named in this filing

  • Julia Kowick (President - Director)
  • Thomas Kowick (CFO - Treasurer - Secretary - Director)
  • Margaret Halleland (Vice President - 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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The objective of the TAK Foundation is to provide financial administrative and counseling support to the families of children diagnosed with cancer especially lymphoma and leukemia and any other illness. The families incur significant disruptions and difficulties in managing their lives as their children are treated for these diseases. Treatment can include chemotherapy radiation and bone marrow transplants. In many cases the families have to travel far distances for treatment and must find affordable housing while their child is being treated. They may not have adequate funds or insurance to cover their costs and expenses.

What it reported doing in 2025

Costs for travel and housing for families traveling to medical centers of excellent for diagnosis treatments and care

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Sustainability: 83
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 49%; rating input score 49
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 54.6%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 7.38; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 49% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $31K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 49/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.