THE TAYLOR FAMILY FOUNDATION C/O ASHLAND CO COMMUNITY FOUNDATION

EIN: 264673401 501(c)(3) Philanthropy & Grantmaking

ASHLAND, OH

Total Revenue
$485,591
Total Expenses
$814,576
Total Assets
$8,972,758
Net Assets
$8,458,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
OH
Principal Officer
JAMES M CUTRIGHT
Phone
4192814733
Tax Period
2024-07-01 to 2025-06-30

THE TAYLOR FAMILY FOUNDATION C/O ASHLAND CO COMMUNITY FOUNDATION, founded in 2009, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $486K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $815K exceeded revenue, resulting in a 68% operating deficit.

Mission

THE FOUNDATION IS ORGANIZED AND AT ALL TIMES SHALL BE OPERATED FOR PUBLIC CHARITABLE PURPOSES AND FOR THE BENEFIT AND SUPPORT OF, AND TO PERFORM SOME OF THE FUNCTIONS OF THE ASHLAND COUNTY COMMUNITY FOUNDATION, SO LONG AS THE ASHLAND COUNTY COMMUNITY FOUNDATION IS ORGANIZED AND AT ALL TIMES OPERATED, AS A "COMMUNITY FOUNDATION" DESCRIBED IN SECTIONS 501(C) (3) AND 509(A) (1) OF THE INTERNAL REVENUE CODE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $485,591
Other Revenue $0
TOTAL REVENUE $485,591

Expense Breakdown

Grants Paid $743,155
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $743,155
Other Expenses $71,421
TOTAL EXPENSES $814,576

Year-over-Year Comparison

2024 2023 Change
Revenue $485,591 $430,131 +0.1%
Expenses $814,576 $573,742 +0.4%
Net Income $-328,985 $-143,611 +1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
4
Employees
N/A
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN ASPIN BOARD MEMBER 0.25
Director
$0 $0 $0
ANNE COWEN BOARD MEMBER 0.25
Director
$0 $0 $0
JAMES M CUTRIGHT VICE PRESIDE 0.25
Officer Director
$0 $0 $0
MARK W TAYLOR SECRETARY 0.25
Officer Director
$0 $0 $0
RICK R TAYLOR PRESIDENT 0.25
Officer Director
$0 $0 $0
SCOTT TAYLOR TREASURER 0.25
Officer Director
$0 $0 $0
RALPH TOMASSI BOARD MEMBER 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $485,591 $814,576 $8,972,758 $-328,985
2024 No data No data No data No data
2023 $400,460 $1,801,630 $8,516,410 $-1,401,170
2022 $543,145 $74,476 $8,676,515 $468,669
2021 $620,964 $566,193 $10,364,425 $54,771
2020 $334,274 $196,058 $8,094,521 $138,216
2019 $877,321 $1,174,223 $7,884,998 $-296,902
2018 $1,113,769 $387,671 $8,121,566 $726,098
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