Taylor Haugen Foundation Inc

Nonprofit profile at a glance

EIN
263300672
IRS 990 coverage
2011–2019
Forms available
Form 990 2019, Form 990-EZ 2010
Location
Niceville, FL, USA
Phone
8508370398
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$193,449
Expenses
$102,250
Assets
$806,469
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • BRIAN HAUGEN (PERMANENT DIRECTOR)
  • KATHY HAUGEN (PERMANENT DIRECTOR)
  • KEVIN BOWYER (PAST CHAIR)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation recognizes youth leaders and promotes abdominal sport safety and protection to honor the legacy of taylor haugen.

What it reported doing in 2019

The taylor haugen trophy - in conjunction with the all sports association, the taylor haugen foundation presents the taylor haugen trophy and award to a local athlete. The trophy recognizes the student who best represents a combination of faith, leadership, academics, community service and athletics as a lasting tribute to taylor's motto, "don't quit, never give up." the trophy's requirements are: by nomination only by a school committee for a senior at an okaloosa, santa rosa or walton county high school. 1 nominee per school; nominee must be an athlete who has participated in a high school sport, with a minimum gpa, who exhibits leadership, is involved in community service and strong in christian faith. The scholarship is awarded to a senior athlete from okaloosa, walton, bay and santa rosa countieswho best demonstrates a healthy balance between academics, athleticism, leadership, community service and christian faith.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 89
  • Accountability: 70
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.6%; rating input score 44
  • Program expense ratio: 66.3%; rating input score 66
  • Fundraising efficiency: $4.98 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 47.1%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 7.89; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 84; 84th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: -1% per year; rating input score 0; 35th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 17.3% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 43.6% of revenue deployed · 66.3% of spending went to programs
  • Governance: 11 of 11 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $68K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2011 to 2019
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.